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Minnesota Technology Education Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 412009866 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Minnesota Technology Education Corporation?

Minnesota Technology Education Corporation is a charitable and educational nonprofit organization situated in Minneapolis, Minnesota. Its primary role involves leasing, managing, and maintaining a building for the Minnesota Transitions Charter School. The corporation's mission is to acquire, manage, and maintain both real and personal property for the school to utilize in its charitable pursuits, ultimately contributing to the educational sector.

Is Minnesota Technology Education Corporation legitimate?

Minnesota Technology Education Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Technology Education Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Minnesota Technology Education Corporation?

The Minnesota Technology Education Corporation is established and operates primarily for charitable and educational purposes. Its main objectives include acquiring, managing, and maintaining property for use by a charter school in its charitable activities. Specifically, the corporation leases, manages, and maintains a building for the Minnesota Transitions Charter School, contributing to its educational initiatives.

Who is the CEO of Minnesota Technology Education Corporation?

Kent Robbins is the President of Minnesota Technology Education Corporation.

What is the revenue of Minnesota Technology Education Corporation?

Minnesota Technology Education Corporation's revenue in 2023 was $332,414.

Who are the executives of Minnesota Technology Education Corporation and what are their salaries?

There 5 volunteers at Minnesota Technology Education Corporation.


Here are 6 key members and their salaries:


Kent Robbins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Westby (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Westby (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Hotzler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Erlandson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Fondow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Minnesota Technology Education Corporation?

Minnesota Technology Education Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Minnesota Technology Education Corporation

Minnesota Technology Education Corporation, a charitable and educational organization, is committed to acquiring, managing, and maintaining real and personal property for a charter school's use in its charitable purposes. This nonprofit entity leases, manages, and maintains a building specifically for the Minnesota Transitions Charter School, contributing to the school's educational mission.

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Impact




October, 2024

Minnesota Technology Education Corporation plays a crucial role in supporting educational initiatives by managing and maintaining a facility for the Minnesota Transitions Charter School. By leasing and overseeing the building, the organization ensures that the school has a dedicated space to fulfill its educational mission. This contributes to a stable learning environment for students, enabling them to thrive academically. The corporation's focus on acquiring and maintaining properties for educational purposes underscores its commitment to enhancing educational opportunities and fostering innovation in learning. In essence, its impact lies in creating a solid foundation for a charter school that serves the community and supports students in their educational journeys.




This information is meant to be a general summary of Minnesota Technology Education Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$332,414 (2023)
Expenses
$271,053 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,298
  • Program Service Revenue: $329,116
  • Gross Receipts: $332,414

Assets and Liabilities:

  • Total Assets: $2,109,659
  • Total Liabilities: $1,274,321
  • Net Assets: $835,338

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT

Revenue

$267,681

STRAIGHT-LINE RENT ADJ

Revenue

$61,435

Organization Details

Founding Year

2001

Principal Officer

Kent Robbins

Main Address

1808 RIVERSIDE AVE S 209, MINNEAPOLIS, MN, 55454

NTEE Category

Code: B99 - Education

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