Stonebridge Building Company
- Assets
- $4.5m
- Revenue
- $813.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/2014
- Data as of
- 06/2021
- EIN
- 30-0809773
Organization Overview
Stonebridge Building Company is located in Minneapolis, MN. The organization was established in 2014. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stonebridge Building Company is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Stonebridge Building Company generated $813.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $597.5k during the year ending 06/2021. While expenses have increased by 3.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MANAGE A BUILDING FOR LEASE TO IT'S SUPPORTED ORGANIZATION, STONEBRIDGE WORLD SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PURCHASE AND MANAGE REAL ESTATE AND A BUILDING FOR LEASE TO IT'S SUPPORTED ORGANIZATION, STONEBRIDGE WORLD SCHOOL, A MINNESOTA CHARTER SCHOOL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Pierce Board Member | Trustee | 1 | $51,130 |
Matthew Schumacher Board Chair/treasurer | OfficerTrustee | 1 | $0 |
Barbara Novy Ex Officio | Officer | 1 | $0 |
Barbara Dotty Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $780,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $813,708 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,775 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,043 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $260,862 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $173,342 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $124,168 |
| Insurance | $26,300 |
| All other expenses | $0 |
| Total functional expenses | $597,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,825 |
| Savings and temporary cash investments | $297,556 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,468 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,158,369 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,501,218 |
| Accounts payable and accrued expenses | $356,933 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $2,093,113 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,593,276 |
| Unsecured mortgages and notes payable | $112,709 |
| Other liabilities | $0 |
| Total liabilities | $4,156,031 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$309,684 |
| Paid-in or capital surplus, or land, building, or equipment fund | $654,871 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,501,218 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Higher Ground Building Company St Paul, MN | $19,969,103 | $1,882,072 |
Greater Milwaukee Association Of Realtors Inc Milwaukee, WI | $7,902,612 | $2,380,526 |
Realtor Association Of The Sioux Empire Inc Sioux Falls, SD | $2,199,740 | $1,500,544 |
Realtors Associations Of Northeast Wisconsin Inc Appleton, WI | $6,876,231 | $1,366,137 |
Aase Haugen Properties Inc Decorah, IA | $9,431,612 | $1,162,340 |
Mrm North Campus Inc Milwaukee, WI | $19,031,963 | $894,597 |
St Ann Center Properties Inc Milwaukee, WI | $24,367,316 | $308,541 |
Sd Properties Inc Milwaukee, WI | $3,731,946 | $1,031,449 |
Education Minnesota Properties Inc St Paul, MN | $3,348,632 | $1,061,633 |
Smelc Holdings Inc Milwaukee, WI | $9,672,286 | $580,000 |
Uvlf Opportunities Inc Minneapolis, MN | $22,216 | $75,874 |
Fargo-Moorhead Area Assoc Of Realtors Fargo, ND | $2,902,093 | $879,931 |