Overview
What is Educational Properties Inc?
Educational Properties Inc is a nonprofit organization situated in Brooklyn Park, Minnesota. Their primary mission is to procure and preserve real estate properties, which they subsequently lease back to Noble Academy. This partnership allows the academy to utilize the properties for its educational purposes. Educational Properties Inc plays a crucial role in ensuring that Noble Academy has a suitable learning environment, thereby contributing to the academy's overall success.
Official website here: www.nobleacademy.us
Is Educational Properties Inc legitimate?
Educational Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Properties Inc 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
Official website here: www.nobleacademy.us
What is the mission statement of Educational Properties Inc?
Educational Properties Inc's primary mission is to acquire and maintain real estate properties, specifically for lease to Noble Academy. This organization's main activity revolves around providing property for educational purposes. By owning and leasing property to the academy, Educational Properties Inc plays a crucial role in facilitating Noble Academy's educational operations. While the focus is on real estate acquisition and maintenance, the ultimate goal is to support the educational needs of the Noble Academy.
Official website here: www.nobleacademy.us
What is the revenue of Educational Properties Inc?
Educational Properties Inc's revenue in 2024 was $1,655,413.
Official website here: www.nobleacademy.us
Who are the executives of Educational Properties Inc and what are their salaries?
There 3 volunteers at Educational Properties Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nobleacademy.us
Where can I find the form 990 for Educational Properties Inc?
Educational Properties Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nobleacademy.us
Learn more at the official website: www.nobleacademy.us
Mission Statement of Educational Properties Inc
Educational Properties Inc, as a nonprofit organization, is dedicated to acquiring and maintaining real estate properties. The primary objective of this organization is to lease these properties back to Noble Academy. By doing so, Educational Properties Inc contributes to the provision of educational facilities for Noble Academy, thereby supporting its operations. The mission of Educational Properties Inc can be seen as a commitment to providing a conducive learning environment for Noble Academy, ensuring its growth and development through the procurement and upkeep of necessary real estate properties.
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Impact
October, 2024
Educational Properties Inc plays a vital role in supporting educational initiatives by acquiring and maintaining real estate specifically for leasing to Noble Academy. Located in Brooklyn Park, MN, the organization focuses on providing the necessary physical infrastructure that facilitates a conducive learning environment. By owning and leasing properties to the academy, Educational Properties Inc ensures that Noble Academy has access to safe, well-maintained facilities that enhance educational opportunities for its students. This impact extends beyond mere real estate management; it helps stabilize the academy’s operational needs and allows it to focus on delivering quality education. The organization's commitment to education through strategic property management fosters an environment where students can thrive academically.
This information is meant to be a general summary of Educational Properties Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $126,863
- Program Service Revenue: $1,528,550
- Gross Receipts: $1,655,413
Assets and Liabilities:
- Total Assets: $20,277,078
- Total Liabilities: $20,858,870
- Net Assets: -$581,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,528,550
Organization Details
Founding Year
2009
Principal Officer
Michael Yang
Website
www.nobleacademy.usNTEE Category
Code: B11 - Education
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