Overview
What is Jxta Real Estate Holding Company?
Jxta Real Estate Holding Company is a nonprofit organization established in 2022, with its headquarters located at 2007 Emerson Avenue North, Minneapolis, MN 55411. The primary purpose of this organization is to support Juxtaposition Arts Inc., a charitable entity. To achieve this, Jxta Real Estate Holding Company obtained New Market Tax Credits and was incorporated as a legal entity to own the building housing Juxtaposition Arts' offices and programming. The nonprofit's mission involves renovating two existing facilities and constructing a new one, aiming to contribute positively to the charitable objectives of Juxtaposition Arts.
Is Jxta Real Estate Holding Company legitimate?
Jxta Real Estate Holding Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jxta Real Estate Holding 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
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What is the mission statement of Jxta Real Estate Holding Company?
The mission of Jxta Real Estate Holding Company is centered around supporting the charitable purposes of Juxtaposition Arts Inc. Specifically, it aims to facilitate the renovation of two existing facilities and the construction of a new one, with the goal of advancing the operations and programming of Juxtaposition Arts. In 2022, Jxta Real Estate Holding Company secured New Markets Tax Credits to support this endeavor. As a result, a new entity, Jxta Real Estate Holding, was incorporated to own the building that houses the offices and programming of Juxtaposition Arts.
Who is the CEO of Jxta Real Estate Holding Company?
Allison Wagstrom is the President of Jxta Real Estate Holding Company.
What is the revenue of Jxta Real Estate Holding Company?
Jxta Real Estate Holding Company's revenue in 2022 was $89,723.
Who are the executives of Jxta Real Estate Holding Company and what are their salaries?
There 10 volunteers at Jxta Real Estate Holding Company.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $74,768
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jxta Real Estate Holding Company?
Jxta Real Estate Holding Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jxta Real Estate Holding Company
Jxta Real Estate Holding Company, established to aid in the charitable purposes of Juxtaposition Arts Inc., is on a mission to facilitate the renovation of two existing facilities and the construction of a new one. This mission is geared towards providing a suitable space for Juxtaposition Arts to operate its offices and programming. In 2022, Jxta Real Estate Holding Company secured New Markets Tax Credits, a significant step towards realizing this goal. The company was incorporated specifically to support Juxtaposition Arts and own the building that houses its operations and programs. This strategic move allows Juxtaposition Arts to continue its mission of promoting art and creativity in the community, while also ensuring a stable and suitable environment for its operations.
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Impact
October, 2024
Jxta Real Estate Holding Company plays a crucial role in supporting the mission of Juxtaposition Arts Inc. by enhancing the infrastructure necessary for its artistic and educational programming. By securing New Markets Tax Credits in 2022, Jxta has positioned itself to invest in the renovation of two existing facilities and the construction of a new facility. This strategic development not only bolsters the operational capabilities of Juxtaposition Arts but also strengthens its impact on the local community in Minneapolis, Minnesota.
The company's focus on creating and maintaining dedicated spaces for arts-related activities fosters a conducive environment for creativity and learning. By owning the building that houses Juxtaposition Arts' offices and programming, Jxta ensures stability and continuity for the organization, allowing it to thrive and extend its outreach to the community. The emphasis on real estate investment aligns with broader goals of enhancing access to the arts, particularly for underserved populations, ultimately contributing to community revitalization and cultural enrichment.
This information is meant to be a general summary of Jxta Real Estate Holding 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $89,723
Assets and Liabilities:
- Total Assets: $11,264,951
- Total Liabilities: $11,312,492
- Net Assets: -$47,541
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Organization Details
Founding Year
2021
Phone
(612) 588-1148Principal Officer
Allison Wagstrom
Main Address
2007 EMERSON AVENUE NORTH, MINNEAPOLIS, MN, 55411
NTEE Category
Code: A11 - Arts
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