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Cologne Academy Building Company

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

EIN: 465664727 ✦ Cologne, MN ✦ Designated as a 501(c)(3)

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Overview

What is Cologne Academy Building Company?

Cologne Academy Building Company, established in 2014, is a nonprofit organization situated in Cologne, Minnesota. Their primary mission involves designing and implementing strategies related to facilities for Cologne Academy. In 2014, they issued bonds worth $14.3 million, utilizing a portion of the funds for purchasing an existing building and constructing a 33,000 square foot addition. The company's work contributes to enhancing and expanding the facilities for Cologne Academy, ensuring a conducive learning environment.


Official website here: www.cologneacademy.org

What do the Facebook reviews say about Cologne Academy Building Company?

98% of 46 reviewers on Facebook recommend this nonprofit. Here is a summary of their reviews:

Many commenters express a strong sense of pride in being associated with the Cologne Academy Building Company, highlighting the exceptional caliber of students, staff, and families involved. The overall sentiment reflects deep appreciation for the community and the environment fostered by the organization, suggesting that they fulfill their mission effectively.

Overall, the resounding approval indicates that stakeholders feel positively about the services provided, showcasing a harmonious and supportive atmosphere within the nonprofit.


This AI summary has been generated from reviews found on Facebook.

Is Cologne Academy Building Company legitimate?

Cologne Academy Building Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cologne Academy Building Company 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.cologneacademy.org

What is the mission statement of Cologne Academy Building Company?

The Cologne Academy Building Company's mission is centered around designing and implementing strategies related to facilities for the Cologne Academy. This mission is geared towards enhancing the academic environment and accommodating the institution's growth needs. Initiated in 2014, the company financed its operations with a bond issuance of $14.3 million, which was utilized for purchasing an existing building and constructing a 33,000 square foot addition, thus expanding and improving the Cologne Academy's infrastructure.


Official website here: www.cologneacademy.org

Who is the CEO of Cologne Academy Building Company?

Tamara Kielty is the Chair/Teacher of Cologne Academy Building Company.


Official website here: www.cologneacademy.org

What is the revenue of Cologne Academy Building Company?

Cologne Academy Building Company's revenue in 2022 was $1,107,730.


Official website here: www.cologneacademy.org

Who are the executives of Cologne Academy Building Company and what are their salaries?

There 3 volunteers at Cologne Academy Building Company.


Here are 3 key members and their salaries:


Tamara Kielty (Chair/Teacher)
  • Compensation: $0
  • Related: $77,537
  • Other: $1,177
Helen Suhr (Secretary/Teacher)
  • Compensation: $0
  • Related: $60,954
  • Other: $10,187
Jamie Degen (Treasurer/Teacher)
  • Compensation: $0
  • Related: $2,630
  • Other: $6,375


Official website here: www.cologneacademy.org

Where can I find the form 990 for Cologne Academy Building Company?

Cologne Academy Building Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cologneacademy.org

Learn more at the official website: www.cologneacademy.org

Mission Statement of Cologne Academy Building Company

Cologne Academy Building Company, established in 2014, is dedicated to designing and implementing strategies related to facilities for Cologne Academy. This mission involves utilizing resources to enhance the existing building and constructing new structures, as demonstrated by the issuance of bonds totaling $14.3 million for such purposes. The company's work aims to support Cologne Academy's growth and development by ensuring suitable and functional facilities for its students and staff.

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Impact




October, 2024

Cologne Academy Building Company has significantly enhanced the educational environment in Cologne, Minnesota, by focusing on the design and implementation of strategies related to the academy's facilities. Since its inception in 2014, the organization has played a crucial role in expanding educational accessibility through substantial investments in physical infrastructure.

The issuance of $14.3 million in bonds facilitated the purchase of an existing building and the construction of a 33,000 square foot addition, reflecting a commitment to accommodating growing student needs and improving learning spaces. This development not only provides students with modern and functional environments conducive to learning but also strengthens the community by fostering local education initiatives.

By prioritizing facility enhancement, Cologne Academy Building Company has ensured that the academy can continue to deliver high-quality education, thereby positively impacting students, teachers, and the broader community in Cologne.




This information is meant to be a general summary of Cologne Academy Building Company. 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
$1,107,730 (2022)
Expenses
$916,473 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $510
  • Program Service Revenue: $1,107,220
  • Gross Receipts: $1,107,730

Assets and Liabilities:

  • Total Assets: $13,052,348
  • Total Liabilities: $13,419,042
  • Net Assets: -$366,694

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Programs

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

RENT INCOME

Revenue

$1,107,220

Organization Details

Founding Year

2014

Principal Officer

Tamara Kielty

Main Address

1221 S VILLAGE PKWY, COLOGNE, MN, 55322

NTEE Category

Code: B11 - Education

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