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New Millennium Building Company

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

EIN: 815179098 ✦ Brooklyn center, MN ✦ Designated as a 501(c)(3)

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Overview

What is New Millennium Building Company?

New Millennium Building Company is a nonprofit organization based in Brooklyn Center, Minnesota. Its primary objective is to manage real estate and lease it to New Millennium Academy, a charter school situated in Minnesota. The company's mission is to support the mission and vision of New Millennium Academy by owning relevant real property. The company's address is located at 5105 Brooklyn Blvd, Brooklyn Center, MN 55429.


Official website here: www.newmillenniumacademy.org

Is New Millennium Building Company legitimate?

New Millennium Building Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Millennium 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.newmillenniumacademy.org

What is the mission statement of New Millennium Building Company?

The New Millennium Building Company's mission is centered around supporting the mission and vision of the New Millennium Academy. It achieves this by owning real property. The company's primary activity involves managing real estate and a building, which is leased to its beneficiary organization, the New Millennium Academy, a Minnesota charter school. In essence, the New Millennium Building Company serves as a property manager, contributing to the operations of the New Millennium Academy.


Official website here: www.newmillenniumacademy.org

Who is the CEO of New Millennium Building Company?

Jenny Abbs is the President of New Millennium Building Company.


Official website here: www.newmillenniumacademy.org

What is the revenue of New Millennium Building Company?

New Millennium Building Company's revenue in 2022 was $1,263,272.


Official website here: www.newmillenniumacademy.org

Who are the executives of New Millennium Building Company and what are their salaries?

There 3 volunteers at New Millennium Building Company.


Here are 3 key members and their salaries:


Jenny Abbs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mai Ka Yangteacher (Vice President)
  • Compensation: $0
  • Related: $79,861
  • Other: $13,351
Jonathan Yang (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newmillenniumacademy.org

Where can I find the form 990 for New Millennium Building Company?

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


Official website here: www.newmillenniumacademy.org

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

Mission Statement of New Millennium Building Company

New Millennium Building Company, in its mission, aims to support the objectives and vision of New Millennium Academy, a Minnesota charter school. To accomplish this, the company manages real estate and a building, offering it for lease to its beneficiary organization, New Millennium Academy. This strategic role enables the building company to contribute significantly to the educational institution's operations, ultimately supporting its overall mission and growth.

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Impact




October, 2024

New Millennium Building Company plays a critical role in supporting educational initiatives by managing real estate for New Millennium Academy, a Minnesota charter school. It facilitates the leasing of a building specifically designed to meet the needs of the academy, ensuring that students have access to a dedicated learning environment. By overseeing the facility, the organization helps maintain a sustainable operational framework that aligns with the school’s mission and vision. This support directly impacts the quality of education provided, enhancing the overall student experience in Brooklyn Center, MN.




This information is meant to be a general summary of New Millennium 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
$1,263,272 (2022)
Expenses
$1,176,700 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $397
  • Program Service Revenue: $1,262,875
  • Gross Receipts: $1,263,272

Assets and Liabilities:

  • Total Assets: $14,710,479
  • Total Liabilities: $16,112,800
  • Net Assets: -$1,402,321

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Programs

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

RENTAL INCOME

Revenue

$1,262,875

Organization Details

Founding Year

2016

Principal Officer

Jenny Abbs

Main Address

5105 BROOKLYN BLVD, BROOKLYN CENTER, MN, 55429

NTEE Category

Code: B11 - Education

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