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Eagle Ridge Academy Affiliated Building Company

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

EIN: 800851487 ✦ Minnetonka, MN ✦ Designated as a 501(c)(3)

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Overview

What is Eagle Ridge Academy Affiliated Building Company?

Eagle Ridge Academy Affiliated Building Company is a nonprofit organization located in Minnetonka, Minnesota. The primary mission of this organization is to own and maintain a public schoolhouse, which is leased to the Eagle Ridge Academy. During the fiscal year ending in June 2016, they renovated their school building, expanding the number of classrooms for lower grades. The renovation increased the number of classrooms from three per grade to the potential for six, with grades kindergarten through 3rd having six classrooms each, grade 4 having five, and grades 5 and 6 having four. In the fiscal year ending in June 2017, Phase II of the renovation began and was completed by October 26, 2017. This phase included the addition of an auditorium, a designated high school area, gym improvements, and outdoor space enhancements. The organization continues to provide a suitable learning environment for the Eagle Ridge Academy.


Official website here: www.eagleridgeacademy.org

Is Eagle Ridge Academy Affiliated Building Company legitimate?

Eagle Ridge Academy Affiliated Building Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eagle Ridge Academy Affiliated 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.eagleridgeacademy.org

What is the mission statement of Eagle Ridge Academy Affiliated Building Company?

Eagle Ridge Academy Affiliated Building Company's mission is centered around owning and maintaining a public schoolhouse, leasing it to the Eagle Ridge Academy. The primary objective of this company is to provide a suitable educational environment for the academy. During the fiscal year ending in 2016, the company expanded the school building, increasing the number of classrooms per grade from three to six in some grades. Post-expansion, Kindergarten through 3rd grade have six classrooms, Grade 4 has five, and Grades 5 and 6 have four. Renovation Phase II, which involved the addition of an auditorium, a designated high school area, gym improvements, and outdoor space enhancements, was completed in 2017.


Official website here: www.eagleridgeacademy.org

Who is the CEO of Eagle Ridge Academy Affiliated Building Company?

Dan Hogan is the Treasurer of Eagle Ridge Academy Affiliated Building Company.


Official website here: www.eagleridgeacademy.org

What is the revenue of Eagle Ridge Academy Affiliated Building Company?

Eagle Ridge Academy Affiliated Building Company's revenue in 2022 was $2,530,569.


Official website here: www.eagleridgeacademy.org

Who are the executives of Eagle Ridge Academy Affiliated Building Company and what are their salaries?


Here are 4 key members and their salaries:


Jason Ulbrich (Executive Director/Treasurer)
  • Compensation: $0
  • Related: $146,087
  • Other: $34,993
Dan Hogan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Berger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Sheppard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eagleridgeacademy.org

Where can I find the form 990 for Eagle Ridge Academy Affiliated Building Company?

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


Official website here: www.eagleridgeacademy.org

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

Mission Statement of Eagle Ridge Academy Affiliated Building Company

Eagle Ridge Academy Affiliated Building Company's mission is centered around owning and maintaining a public schoolhouse, which it leases to the Eagle Ridge Academy. The primary objective of this organization is to provide a suitable educational environment for the academy, utilizing real estate owned by the company itself. During the fiscal year ending in June 2016, the company undertook a significant renovation project, expanding the lower grades' classrooms from three per grade to a potential six. This transformation saw an increase in classrooms for kindergarten to third grade, while grades four, five, and six received fewer classrooms, but still more than in the previous building. Post-renovation, the schoolhouse boasted a newly remodeled building, including an auditorium, a designated high school area, gym improvements, and outdoor space enhancements, as part of Phase II, which was completed by October 26, 2017.

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Impact




October, 2024

Eagle Ridge Academy Affiliated Building Company (ABC) has significantly enhanced educational opportunities for students in Minnetonka, MN, through its developments and renovations of school facilities. The opening of the newly remodeled school building expanded classroom capacity for lower grades from three to six classrooms per grade. This expansion caters to the growing number of students in grades K-3, which now have six classrooms each, while grades 4-6 also benefit from increased classroom availability—5 for grade 4 and 4 each for grades 5 and 6.

Additionally, the completion of Building Renovation Phase II further enriched the learning environment by adding essential facilities such as an auditorium, a designated area for high school students, a gymnasium, and improvements to outdoor spaces. These enhancements contribute to a more versatile and engaging educational setting, accommodating a wider range of activities and fostering a community-oriented atmosphere. Overall, the impact of Eagle Ridge Academy Affiliated Building Company is evident in its commitment to providing a thriving educational environment that supports both students and teachers in their pursuit of academic excellence.




This information is meant to be a general summary of Eagle Ridge Academy Affiliated 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
$2,530,569 (2022)
Expenses
$2,656,983 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$176,996
  • Program Service Revenue: $2,707,565
  • Gross Receipts: $2,530,569

Assets and Liabilities:

  • Total Assets: $35,541,142
  • Total Liabilities: $39,905,231
  • Net Assets: -$4,364,089

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Programs

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

RENTAL INCOME

Revenue

$2,707,565

Organization Details

Founding Year

2012

Principal Officer

Dan Hogan

Main Address

11111 BREN RD W, MINNETONKA, MN, 55343

NTEE Category

Code: B111 - Education

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