Overview
What is New Discoveries Affiliated Building Co?
New Discoveries Affiliated Building Co is a company with a mission to support New Discoveries Montessori Academy, a Minnesota charter school, by managing real estate and a rental building for its use. This building serves as a leased space for the school, which catered to approximately 214 students. The company's primary purpose is to uphold the mission and vision of the Montessori Academy through the ownership of real property. This support ensures the academy's continued operation and growth, enhancing educational opportunities for its students in Hutchinson, Minnesota.
Official website here: www.newdiscoveries.org
Is New Discoveries Affiliated Building Co legitimate?
New Discoveries Affiliated Building Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Discoveries Affiliated Building Co 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.newdiscoveries.org
What is the mission statement of New Discoveries Affiliated Building Co?
New Discoveries Affiliated Building Company's mission is primarily focused on supporting the mission and vision of New Discoveries Montessori Academy. This is achieved through the ownership of real property. In essence, the company manages real estate and a rental building, which it leases to its beneficiary organization, New Discoveries Montessori Academy, a Minnesota charter school serving approximately 214 students. The company's role is instrumental in providing the necessary infrastructure to support the educational activities of the academy.
Official website here: www.newdiscoveries.org
Who is the CEO of New Discoveries Affiliated Building Co?
Kirsten Kinzler is the Treasurer of New Discoveries Affiliated Building Co.
Official website here: www.newdiscoveries.org
What is the revenue of New Discoveries Affiliated Building Co?
New Discoveries Affiliated Building Co's revenue in 2022 was $447,600.
Official website here: www.newdiscoveries.org
Who are the executives of New Discoveries Affiliated Building Co and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $120,565
- Other: $23,211
- Compensation: $0
- Related: $104,581
- Other: $23,905
- Compensation: $0
- Related: $64,823
- Other: $9,019
Official website here: www.newdiscoveries.org
Where can I find the form 990 for New Discoveries Affiliated Building Co?
New Discoveries Affiliated Building Co's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newdiscoveries.org
Learn more at the official website: www.newdiscoveries.org
Mission Statement of New Discoveries Affiliated Building Co
New Discoveries Affiliated Building Co, in its mission, aims to support the vision and mission of New Discoveries Montessori Academy. This support is materialized through the ownership of real property. The company's primary objective is to manage real estate and a rental building, which it leases to its beneficiary organization, New Discoveries Montessori Academy, a Minnesota charter school. This school serves an estimated 214 students. By owning and managing real estate, New Discoveries Affiliated Building Co contributes to the long-term success and stability of the academy, enabling it to provide quality education to its students.
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Impact
October, 2024
New Discoveries Affiliated Building Co significantly impacts the educational landscape by facilitating the operational needs of New Discoveries Montessori Academy in Hutchinson, MN. By owning and managing real estate, the organization provides a dedicated space for the academy, which serves approximately 214 students. This support enables the school to focus on delivering quality Montessori education, ensuring a nurturing environment that aligns with its mission and vision. The ownership of property not only enhances the learning experience for students but also stabilizes the academy’s operations, allowing it to thrive within the community. Overall, this organization plays a crucial role in fostering educational opportunities and supporting innovative teaching methods in the region.
This information is meant to be a general summary of New Discoveries Affiliated Building Co. 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 2022.
- Program Service Revenue: $447,600
- Gross Receipts: $447,600
Assets and Liabilities:
- Total Assets: $4,837,819
- Total Liabilities: $4,987,651
- Net Assets: -$149,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$444,000
OTHER PROGRAM REVENUE
Revenue
$3,600
Organization Details
Founding Year
2017
Phone
(320) 234-6362Principal Officer
Kirsten Kinzler
Main Address
1000 FIFTH AVE SE, HUTCHINSON, MN, 55350
Website
www.newdiscoveries.orgNTEE Category
Code: B11 - Education
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