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Nonprofiteer
← EDUCATION MINNESOTA PROPERTIES INC

Form 990 for tax year 2024

Filed by EDUCATION MINNESOTA PROPERTIES INC.

Totals

Total revenue
$1,185,250
Total expenses
$941,909
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,120,092
Investment income
$42,391
Other revenue
$22,767
Total assets, end of year
$4,615,863
Total liabilities, end of year
$631,386
Net assets or fund balances, end of year
$3,984,477
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENTAL INCOME

    total $1,120,092 · related or exempt $1,120,092

  • 3 · Investment income

    total $42,391 · excluded $42,391

  • 6a · Gross rents

    real property $74,016

  • 6b · Less rental expenses

    real property $51,249

  • 6c · Rental income or loss

    real property $22,767

  • 6d · Net rental income or loss

    total $22,767 · unrelated business $22,767

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $201,016

  • 16 · Occupancy

    total $242,632

  • 22 · Depreciation, depletion and amortization

    total $187,448

  • 24a · Other expenses: REAL ESTATE TAX

    total $141,996

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $126,181

  • 24c · Other expenses: SUPPLIES & SERVICES

    total $21,272

  • 24d · Other expenses: TAXES - OTHER

    total $9,693

  • 24e · All other expenses

    total $11,671

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $186,915 · end of year $162,571

  • 2 · Savings and temporary cash investments

    beginning of year $2,559,176 · end of year $175,566

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,417 · end of year $5,779

  • 10a · Land, buildings and equipment: cost or other basis

    $11,295,480

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,057,423

  • 10c · Land, buildings and equipment, net

    beginning of year $2,108,393 · end of year $4,238,057

  • 12 · Investments: other securities

    beginning of year $33,890 · end of year $33,890

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,128,658 · end of year $623,267

  • 25 · Other liabilities

    beginning of year $23,997 · end of year $8,119

  • 27 · Net assets without donor restrictions

    beginning of year $3,741,136 · end of year $3,984,477

Mission and programs · 2024

Mission

PROVIDE BUILDING FACILITIES TO EXEMPT ORGANIZATIONS

  • SERVICES RENDERED FOR THE RENTAL OF BUILDING SPACE TO EDUCATION MINNESOTA.

As filed on the 2024 return.

Listed in Part VII

  • Monica Byron

    PRESIDENT BE

    Total calculated
    $0
    Hours/week
    2
  • Denise Specht

    PRESIDENT EN

    Total calculated
    $0
    Hours/week
    2
  • Marty Fridgen

    VICE PRES BE

    Total calculated
    $0
    Hours/week
    2
  • Ryan Fiereck

    SEC-TREAS BE

    Total calculated
    $0
    Hours/week
    2
  • Rodney Rowe

    SEC-TREAS EN

    Total calculated
    $0
    Hours/week
    2
  • Amy Aho

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jamie Alsleben

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michelle Bacon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Heather Bakke

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stacy Bartlett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jerome Bellefeuille

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard Bettini

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Melissa Buckley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Colbert

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Annette Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michelle Dennard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tracy Detloff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katie Dickerson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Domeier

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Aaron Donais

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Geneva Dorsey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wendy Drugge-Wuesch

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Duffy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Caitlin Efta

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Erickson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tom Gallaher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jodi Hansen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Heidi Hanson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Janelle Hart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jessie Holm

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Valerie Holthus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Houston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marcia Howard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Misty Jobe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brenda Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Dwayne Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brenda Kellen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • James Kellerman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tammy Knapper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Maria Le Selmer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katelyn Lillis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Gretchen Long

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian McCarthy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Maureen Morrow

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jasman Myers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Lisa Olson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jim Olson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Angela Pedace

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Todd Richter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bety Rios-Christensen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Judy Rohde

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Karen Rubado

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Holly Schrupp

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • William Schwandt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marty Scofield

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Heidi Simons

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jared Simpson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carrie Sparks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Swenson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Wes Tessman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Glazell Toledo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Leah Vandassor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stacey Vanderport

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Matthew Wilmes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bradley Wolfe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Carrie Lucking

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    2
  • Michael Roehl

    CFO

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ECONOMIC SERVICES INC

    C CORP · PURCH AGT · MN

    Directly controlled by PROPERTIES

Provenance

Return type
form_990
Tax year
2024
Filed
1 June 2026
IRS schema version
2024v5.0
Source object
202641599349301659

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