2015-05-08T14:50:34-05:00 2014-06-30 410975573 REDPATH AND COMPANY LTD 4810 WHITE BEAR PARKWAY WHITE BEAR LAKE MN 55110 990 2013-07-01 260425207 SPECTRUM BUILDING COMPANY SPEC 7632418703 17796 INDUSTRIAL CIRCLE NW ELK RIVER MN 55330 RICK PETERSON SECRETARY 7632418703 2015-04-29 1 ASHLEY C REHN CPA P00965922 6514267000 2015-04-29 2013 2016-02-25 16:41:14Z RICK PETERSON 17796 INDUSTRIAL CIRCLE NW ELK RIVER MN 55330 746246 0 X N/A X 2007 MN THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND RENOVATE PROPERTY AND LEASE TO IT'S SUPPORTED ORGANIZATION, SPECTRUM HIGH SCHOOL, A MINNESOTA PUBLIC CHARTER SCHOOL. 3 2 0 0 0 0 0 0 0 746103 106 143 0 0 106 746246 0 0 0 0 0 0 0 0 0 736436 1478195 736436 1478195 -736330 -731949 11347038 14026576 12127586 15539073 -780548 -1512497 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND RENOVATE PROPERTY AND LEASE TO IT'S SUPPORTED ORGANIZATION, SPECTRUM HIGH SCHOOL, A MINNESOTA PUBLIC CHARTER SCHOOL. 0 0 1478195 746103 THE ORGANIZATION WAS CREATED AS A VEHICLE TO ACQUIRE A FACILITY FOR SPECTRUM HIGH SCHOOL, A MINNESOTA PUBLIC CHARTER SCHOOL. SPECTRUM BUILDING COMPANY PURCHASED A 6TH GRADE EDUCATION CENTER IN JUNE 2014, WHICH ALLOWED THEM TO INCREASE THEIR SERVICES TO MORE STUDENTS AT SPECTRUM HIGH SCHOOL. 1478195 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 2 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 MN X BKDA 6514632233 22488 CHIPPENDALE AVE FARMINGTON MN 55024 DAVE LUCAS BOARD CHAIR 1.00 X X 0 0 0 RICK PETERSON SECRETARY 1.00 40.00 X X 0 58978 13453 DON STAUFFER BOARD MEMBER 1.00 X 0 0 0 0 58978 13453 0 0 0 0 0 SCHOOL BUILDING RENTAL 531120 746103 746103 746103 143 143 746246 746103 0 143 X 419197 419197 704 704 536370 536370 261736 261736 43 43 BOND ISSUANCE COSTS 253160 253160 CAPITAL OUTLAY 6985 6985 1478195 1478195 0 0 2023609 3085903 39180 21775 11548252 629354 9284249 10918898 11347038 14026576 500344 86155 11627242 15452918 12127586 15539073 X -780548 -1512497 0 0 0 0 -780548 -1512497 11347038 14026576 -731949 0 X 0 1 X 1 0 X X X X 0 0 0 SPECTRUM HIGH SCHOOL 371518372 SCHOOL 1 1 1 1478195 1 1478195 575677 575677 9704297 450670 9253627 876801 154418 722383 391477 24266 367211 10918898 X 5874605 5874462 5874462 143 746103 746103 746246 6264580 5532488 5532488 732092 746103 746103 1478195 PART X, LINE 2: A TAX EXPENSE OR BENEFIT FROM AN UNCERTAIN INCOME TAX POSITION (INCLUDING TAX-EXEMPT STATUS) MAY BE RECOGNIZED ONLY WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT BELIEVES THE SCHOOL AND BUILDING COMPANY HAVE NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD RESULT IN AN ACCRUAL, EXPENSE OR BENEFIT UNDER THE MORE LIKELY THAN NOT STANDARD. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECTRUM HIGH SCHOOL REVENUE 5,874,462. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL INCOME FROM SPECTRUM HIGH SCHOOL 746,103. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECTRUM HIGH SCHOOL EXPENSES 5,532,488. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE PAID BY SPECTRUM HIGH SCHOOL 746,103. A ANOKA COUNTY MINNESOTA 416005752 036214AL8 2012-12-11 11427788 ACQUIRE FACILITY 0 0 0 B ANOKA COUNTY MINNESOTA 416005752 036214AP9 2014-06-05 3731770 ACQUIRE FACILITY 0 0 0 A 11427788 721666 221362 10484760 721666 2012 0 0 1 1 B 3731770 213709 74635 3443426 213709 2014 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 0 B 0 FORM 990, PART VI, SECTION A, LINE 6 SPECTRUM HIGH SCHOOL IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A SPECTRUM HIGH SCHOOL, AS THE SOLE MEMBER, APPOINTS ALL BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUCH COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF FORM 990 IS REVIEWED BY MANAGEMENT PRIOR TO APPROVAL AND SIGNATURE. FORM 990, PART VI, SECTION C, LINE 19 PUBLIC DOCUMENTS WOULD BE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 414,093. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 414,093. CONTRACTED EMPLOYEE: PROGRAM SERVICE EXPENSES 5,104. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,104. SPECTRUM HIGH SCHOOL 17796 INDUSTRIAL CIRCLE NW ELK RIVER MN 55330 371518372 PUBLIC CHARTER SCHOOL MN 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0