2016-03-09T09:07:30-06:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-07-01 465664727 COLOGNE ACADEMY BUILDING COMPANY COLO 9524662276 1221 SOUTH VILLAGE PKWY COLOGNE MN 55322 SCOTT PELLETIER BOARD CHAIR 9524662276 2016-02-29 1 DENNIS HOOGEVEEN P01788739 6123764500 2014 2016-08-17 19:52:53Z X SCOTT PELLETIER 1221 SOUTH VILLAGE PKWY COLOGNE MN 55322 480282 0 X WWW.COLOGNEACADEMY.ORG X 2014 MN TO DESIGN AND IMPLEMENT COLOGNE ACADEMY'S STRATEGIES RELATED TO FACILITIES. 3 1 0 4 0 0 0 479955 327 0 480282 0 0 0 0 0 1061730 1061730 -581448 15669900 16251348 -581448 COLOGNE ACADEMY BUILDING COMPANY'S MISSION IS TO DESIGN AND IMPLEMENT COLOGNE ACADEMY'S STRATEGIES RELATED TO FACILITIES. 0 0 509457 0 479955 STARTED IN 2014, COLOGNE ACADEMY BUILDING COMPANY ISSUED BONDS ($14.3 MILLION) FOR THE PURCHASE OF THE EXISTING BUILDING AND THE CONSTRUCTION OF A 33,000 SQUARE FOOT ADDITION. 509457 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 MN X LYNN GLUCK PETERSON 9524662276 1221 SOUTH VILLAGE PKWY COLOGNE MN 55322 X JEFF KATHERMAN CHAIR 2.00 5.00 X X 0 0 0 SCOTT PELLETIER CHAIR 2.00 0.00 X X 0 0 0 JAMIE DEGEN TREASURER/TEACHER 2.00 40.00 X X 0 46136 5043 HELEN SUHR SECRETARY/TEACHER 2.00 40.00 X X 0 46238 3835 0 92374 8878 0 0 0 0 0 RENT INCOME 532000 479955 479955 479955 327 327 480282 479955 0 327 X 552273 552273 424078 424078 66645 66645 18734 18734 1061730 509457 552273 0 0 4757350 10964879 66645 0 10898234 0 14316 0 15669900 0 1434684 14383758 0 432906 0 16251348 X 0 3336982 0 -3918430 0 0 0 -581448 0 15669900 -581448 0 X X 0 1 X 1 0 X X 1 COLOGNE ACADEMY 383767089 2 1 509457 0 1 509457 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 156200 156200 6664515 66645 6597870 4144164 4144164 10898234 ACCRUED INTEREST PAYABLE 432906 432906 6383384 5903102 5903102 480282 0 480282 17096714 16534535 16534535 562179 499551 499551 1061730 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF AFFILIATE REPORTED ON SEPARATE RETURN 5,903,102. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AFFILIATE REPORTED ON SEPARATE RETURN 5,560,828. CAPITALIZED EXPENDITURES 10,964,879. AMORTIZATION OF BOND PREMIUM 8,828. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 66,645. CHANGE IN ACCRUED INTEREST 432,906. A CITY OF COLOGNE MINNESOTA 416005068 195239AK4 2014-11-12 14062586 PURCHASE OF EXISTING BUILDING AND PROPERTY 0 0 0 A 14062586 907528 272600 546718 12335740 0 0 0 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF COLOGNE ACADEMY BUILDING COMPANY IS COLOGNE ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A COLOGNE ACADEMY, AS THE SOLE MEMBER, HAS ALL POWERS AVAILABLE TO REMOVE OR APPOINT DIRECTORS OF THE BUILDING COMPANY. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE ORGANIZATION'S GOVERNING DOCUMENTS ARE SUBJECT TO APPROVAL BY THE SOLE MEMBER, COLOGNE ACADEMY. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEE MEETINGS DURING THE TAX YEAR. FORM 990, PART VI, SECTION B, LINE 11 A COMPLETED FORM 990 IS PROVIDED TO EVERY BOARD MEMBER ELECTRONICALLY FOR REVIEW PRIOR TO FILING. IF CHANGES ARE REQUIRED THEY ARE MADE PRIOR TO THE VOTE TO APPROVE FOR FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT-OF-INTEREST QUESTIONNAIRES ARE SENT TO EACH BOARD MEMBER WHEREBY THEY MUST AFFIRMATIVELY IDENTIFY ANY CONFLICT OR DECLARE THAT NO CONFLICT EXISTS. IF A BOARD MEMBER HAS A POTENTIAL CONFLICT, THEY MUST FULLY DISCLOSE TO THE BOARD OF DIRECTORS THE INTEREST OR RELATIONSHIP. THE BOARD OF DIRECTORS LESS THE INTERESTED MEMBER, IN COLLABORATION WITH THE COMMISSIONER OF EDUCATION, AS NECESSARY, WILL REVIEW THE DISCLOSURE AND DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE INTERESTED MEMBER MAY NOT PARTICIPATE IN THE DISCUSSION NOR VOTE ON THE TRANSACTION. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE BUILDING COMPANY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 307,973. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 307,973. UNDERWRITER'S FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 244,300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 244,300. FORM 990, PART XII, LINE 1: THE COLOGNE ACADEMY BUILDING COMPANY FOLLOWS A MODIFIED ACCRUAL METHOD OF ACCOUNTING AS PRESCRIBED BY THE MINNESOTA DEPARTMENT OF EDUCATION. THE FINANCIAL STATEMENTS ARE REPORTED USING THE ECONOMIC RESOURCES MEASUREMENT FOCUS AND THE ACCRUAL BASIS OF ACCOUNTING. GRANTS AND SIMILAR ITEMS ARE RECOGNIZED WHEN ALL ELIGIBILITY REQUIREMENTS IMPOSED BY THE PROVIDER HAVE BEEN MET. COLOGNE ACADEMY 1221 SOUTH VILLAGE PKWY COLOGNE MN 55322 383767089 EDUCATION MN 501(C)(3) LINE 2 N/A 0 COLOGNE ACADEMY PAVE COMMITTEE 1221 SOUTH VILLAGE PKWY COLOGNE MN 55322 271346464 TO PROMOTE PARENT INVOLVEMENT WITH STUDENT ACTIVITIES MN 501(C)(3) LINE 2 COLOGNE ACADEMY 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0