Overview
What is Educational Properties Ii Inc?
Educational Properties II Inc is a nonprofit organization primarily focused on acquiring and maintaining real estate properties. They specifically lease these properties to Noble Academy, an educational institution. By doing so, they contribute significantly to the provision of educational facilities, ensuring Noble Academy has a suitable environment for its operations. This partnership allows for the smooth operation of the academy, ultimately benefiting its students and staff.
Official website here: www.nobleacademy.us
Is Educational Properties Ii Inc legitimate?
Educational Properties Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Properties Ii 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 Ii Inc?
Educational Properties II Inc's primary mission is to procure and maintain real estate properties, specifically for lease to Noble Academy. This organization's activities revolve around owning property and leasing it back to the academy, thereby providing it with a suitable learning environment. Their mission is centered around ensuring Noble Academy has the necessary resources to operate effectively, contributing to the overall educational experience of its students.
Official website here: www.nobleacademy.us
Who is the CEO of Educational Properties Ii Inc?
Kyle Knudson is the Chair of Educational Properties Ii Inc.
Official website here: www.nobleacademy.us
What is the revenue of Educational Properties Ii Inc?
Educational Properties Ii Inc's revenue in 2022 was $60,001.
Official website here: www.nobleacademy.us
Who are the executives of Educational Properties Ii Inc and what are their salaries?
There 2 volunteers at Educational Properties Ii Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $55,772
- Other: $9,776
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $113,743
- Other: $36,624
Official website here: www.nobleacademy.us
Where can I find the form 990 for Educational Properties Ii Inc?
Educational Properties Ii Inc's most recent form 990 was submitted in 2022 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 Ii Inc
Educational Properties II, as an organization, is dedicated to acquiring and maintaining real property with the primary intention of leasing it to Noble Academy. This mission is aimed at providing the academy with a suitable physical space for its operations. The activities of Educational Properties II revolve around owning and leasing property back to Noble Academy, ensuring that the academy has a conducive environment for its educational programs. This mission underscores the importance of providing adequate infrastructure for the smooth running of an educational institution, thereby contributing to the overall educational landscape.
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Impact
October, 2024
Educational Properties II Inc plays a crucial role in supporting educational institutions by acquiring and maintaining real estate that is leased to Noble Academy. By providing a stable and dedicated space for the academy, the organization ensures that the educational environment is conducive to learning and growth for students. This ability to secure and manage properties allows Noble Academy to focus on its academic mission without the burden of property management, thus enhancing the overall educational experience. The organization's efforts in maintaining these properties contribute to the sustainability and long-term success of Noble Academy, fostering a supportive community for education in Brooklyn Park, MN.
This information is meant to be a general summary of Educational Properties Ii 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 2022.
- Investment Income: $1
- Program Service Revenue: $60,000
- Gross Receipts: $60,001
Assets and Liabilities:
- Total Assets: $1,175,380
- Total Liabilities: $1,195,519
- Net Assets: -$20,139
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$60,000
Organization Details
Founding Year
2018
Phone
(763) 592-7706Principal Officer
Kyle Knudson
Main Address
9477 DECATUR DR N, BROOKLYN PARK, MN, 55445
Website
www.nobleacademy.usNTEE Category
Code: B11 - Education
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