SPECTRUM BUILDING COMPANY
Cite this
Plain text SPECTRUM BUILDING COMPANY. furp.org, nonprofit organization profile, tax years 2011–2024. https://furp.org/org/spectrum-building-company-260425207. Retrieved 2026-10-25.
APA furp.org. (n.d.). SPECTRUM BUILDING COMPANY [Nonprofit organization profile; tax years 2011–2024]. Retrieved October 25, 2026, from https://furp.org/org/spectrum-building-company-260425207
MLA “SPECTRUM BUILDING COMPANY.” furp.org, tax years 2011–2024, https://furp.org/org/spectrum-building-company-260425207. Accessed 25 Oct. 2026.
Retrieved 2026-10-25; covers tax years 2011–2024. Data: furp.org, CC BY 4.0.
2024 · Form 990 · revenue $2.3M · expenses $2.5M · assets $30.7M
- EIN
- 26-0425207
- Address
- 17796 INDUSTRIAL CIR NW, ELK RIVER, MN 55330-4754
- Website
- WWW.SPECTRUMHIGHSCHOOL.ORG
- NTEE code
- B11
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- October 2012 (when the IRS recognized its exemption)
- IRS status
- Exempt: reinstated March 15, 2012 after an automatic revocation on November 15, 2010 IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (supporting organization) Pub 78 ↗
- Foundation status
- Supporting organization, type i
- Cross-check
- ProPublica Nonprofit Explorer
Mission
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND RENOVATE PROPERTY AND LEASE TO ITS SUPPORTED ORGANIZATION, SPECTRUM HIGH SCHOOL, A MINNESOTA PUBLIC CHARTER SCHOOL.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
5 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Anthony Brunt | SECRETARY (TEACHER) | 2014-2024 | $82,582 | $221,998 | 2 |
| Jeremy Johnson | MEMBER (ADMIN) | 2024 | $76,241 | $76,241 | 1 |
| Rick Peterson (former) | MEMBER (ADMIN) | 2011-2023 | $106,408 | $992,852 | 1 |
| Tony Brunt (former) | SECRETARY (TEACHER) | 2016-2023 | $81,534 | $544,813 | 2 |
| Scott Gangl (former) | BOARD MEMBER/TEACHER | 2016-2021 | $56,545 | $296,552 | 2 |
Officers and directors, no compensation reported
5 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Dave Lucas | CHAIR (COMMUNITY) | 2011-2024 | 1 | $0 reported | 2 |
| Tom Sagstetter | MEMBER (COMMUNITY) | 2016-2024 | 1 | $0 reported | 2 |
| Cory Taylor | MEMBER (PARENT) | 2022-2024 | 1 | $0 reported | 2 |
| Don Stauffer (former) | BOARD MEMBER | 2012-2013 | 1 | $0 reported | 2 |
| Brenda Schulze (former) | BOARD MEMBER | 2011 | 1 | $0 reported | 2 |
People by year
2024 · 5 people listed · 2 paid, $159K · 0 employees · 3 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ANTHONY BRUNT | SECRETARY (TEACHER) | 1 | $0 | $66,652 | $15,930 | $82,582 | 2 |
| JEREMY JOHNSON | MEMBER (ADMIN) | 1 | $0 | $63,648 | $12,593 | $76,241 | 1 |
| DAVE LUCAS | CHAIR (COMMUNITY) | 1 | $0 | $0 | $0 | $0 | 2 |
| CORY TAYLOR | MEMBER (PARENT) | 1 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | MEMBER (COMMUNITY) | 1 | $0 | $0 | $0 | $0 | 2 |
2023 · 5 people listed · 2 paid, $188K · 0 employees · 3 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | MEMBER (ADMIN) | 1 | $0 | $90,771 | $15,637 | $106,408 | 1 |
| TONY BRUNT | SECRETARY (TEACHER) | 1 | $0 | $66,321 | $15,213 | $81,534 | 2 |
| DAVE LUCAS | CHAIR (COMMUNITY) | 1 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | TREASURER (PARENT) | 1 | $0 | $0 | $0 | $0 | 2 |
| CORY TAYLOR | MEMBER (PARENT) | 1 | $0 | $0 | $0 | $0 | 2 |
2022 · 5 people listed · 2 paid, $180K · 0 employees · 3 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | BOARD MEMBER/TEACHER | 5 | $0 | $87,055 | $15,533 | $102,588 | 1 |
| TONY BRUNT | SECRETARY/TEACHER | 5 | $0 | $62,011 | $15,598 | $77,609 | 2 |
| CORY TAYLOR | BOARD MEMBER | 5 | $0 | $0 | $0 | $0 | 2 |
| DAVE LUCAS | BOARD CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | TREASURER | 5 | $0 | $0 | $0 | $0 | 2 |
2021 · 5 people listed · 3 paid, $228K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | BOARD MEMBER/TEACHER | 5 | $0 | $82,735 | $14,008 | $96,743 | 1 |
| TONY BRUNT | SECRETARY/TEACHER | 5 | $0 | $59,893 | $14,865 | $74,758 | 2 |
| SCOTT GANGL | BOARD MEMBER/TEACHER | 5 | $0 | $45,835 | $10,710 | $56,545 | 2 |
| DAVE LUCAS | BOARD CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | TREASURER | 5 | $0 | $0 | $0 | $0 | 2 |
2020 · 5 people listed · 3 paid, $210K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | BOARD MEMBER | 5 | $0 | $74,039 | $12,686 | $86,725 | 1 |
| TONY BRUNT | SECRETARY | 5 | $0 | $55,085 | $14,313 | $69,398 | 2 |
| SCOTT GANGL | BOARD MEMBER | 5 | $0 | $43,996 | $10,200 | $54,196 | 2 |
| DAVE LUCAS | BOARD CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | TREASURER | 5 | $0 | $0 | $0 | $0 | 2 |
2019 · 5 people listed · 3 paid, $204K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | BOARD MEMBER | 5 | $0 | $74,039 | $12,252 | $86,291 | 1 |
| TONY BRUNT | SECRETARY | 5 | $0 | $55,085 | $11,327 | $66,412 | 2 |
| SCOTT GANGL | BOARD MEMBER | 5 | $0 | $43,996 | $6,859 | $50,855 | 2 |
| DAVE LUCAS | BOARD CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | TREASURER | 5 | $0 | $0 | $0 | $0 | 2 |
2018 · 5 people listed · 3 paid, $192K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | BOARD MEMBER | 5 | $0 | $71,717 | $8,899 | $80,616 | 1 |
| TONY BRUNT | SECRETARY | 5 | $0 | $51,243 | $10,481 | $61,724 | 2 |
| SCOTT GANGL | BOARD MEMBER | 5 | $0 | $41,107 | $8,919 | $50,026 | 2 |
| DAVE LUCAS | BOARD CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | TREASURER | 5 | $0 | $0 | $0 | $0 | 2 |
2017 · 5 people listed · 3 paid, $171K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | BOARD MEMBER | 5 | $0 | $72,151 | $5,788 | $77,939 | 1 |
| TONY BRUNT | SECRETARY | 5 | $0 | $39,502 | $9,933 | $49,435 | 2 |
| SCOTT GANGL | BOARD MEMBER | 5 | $0 | $35,502 | $8,604 | $44,106 | 2 |
| DAVE LUCAS | BOARD CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | TREASURER | 5 | $0 | $0 | $0 | $0 | 2 |
2016 · 5 people listed · 3 paid, $178K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | MEMBER | 5 | $0 | $68,147 | $5,277 | $73,424 | 1 |
| TONY BRUNT | SECRETARY | 5 | $0 | $39,347 | $24,596 | $63,943 | 2 |
| SCOTT GANGL | MEMBER | 5 | $0 | $36,034 | $4,790 | $40,824 | 2 |
| DAVE LUCAS | CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
| TOM SAGSTETTER | VICE CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
2015 · 3 people listed · 2 paid, $145K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| ANTHONY BRUNT | BOARD MEMBER | 5 | $0 | $53,003 | $25,978 | $78,981 | 2 |
| RICK PETERSON | SECRETARY | 5 | $0 | $51,493 | $14,115 | $65,608 | 1 |
| DAVE LUCAS | BOARD CHAIR | 5 | $0 | $0 | $0 | $0 | 2 |
2014 · 3 people listed · 2 paid, $139K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | SECRETARY | 1 | $0 | $64,471 | $14,211 | $78,682 | 1 |
| ANTHONY BRUNT | BOARD MEMBER | 1 | $0 | $37,003 | $23,432 | $60,435 | 2 |
| DAVE LUCAS | BOARD CHAIR | 1 | $0 | $0 | $0 | $0 | 2 |
2013 · 3 people listed · 1 paid, $72K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | SECRETARY | 1 | $0 | $58,978 | $13,453 | $72,431 | 1 |
| DAVE LUCAS | BOARD CHAIR | 1 | $0 | $0 | $0 | $0 | 2 |
| DON STAUFFER | BOARD MEMBER | 1 | $0 | $0 | $0 | $0 | 2 |
2012 · 3 people listed · 1 paid, $65K · 0 employees · 0 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| RICK PETERSON | SECRETARY | 1 | $0 | $53,200 | $12,197 | $65,397 | 1 |
| DAVE LUCAS | BOARD CHAIR | 1 | $0 | $0 | $0 | $0 | 2 |
| DON STAUFFER | BOARD MEMBER | 1 | $0 | $0 | $0 | $0 | 2 |
2011 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| DAVE LUCAS | BOARD CHAIR | 1 | $0 | - | $0 | $0 | 2 |
| BRENDA SCHULZE | BOARD MEMBER | 1 | $0 | - | $0 | $0 | 2 |
| RICK PETERSON | SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
2022 · 1 contractor · $459K
| Name | Location | Service | Paid |
|---|---|---|---|
| PETERSON COMPANIES | CHISAGO CITY, MN | CONSTRUCTION SERVICES | $459,285 |
2018 · 1 contractor · $2.0M
| Name | Location | Service | Paid |
|---|---|---|---|
| RJM CONSTRUCTION LLC | GOLDEN VALLEY, MN | CONSTRUCTION CONTRACTOR | $1,959,584 |
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $2,321,881 | $2,454,593 | $30,720,045 | -$3,334,880 | $0 | $2,010,550 | $0 | 0 | 3 |
| 2023 · Form 990 | ||||||||
| $1,606,032 | $1,574,561 | $19,253,629 | -$3,202,168 | $0 | $1,500,938 | $0 | 0 | 3 |
| 2022 · Form 990 | ||||||||
| $1,789,748 | $1,481,751 | $19,344,350 | -$3,233,639 | $114,000 | $1,613,893 | $0 | 0 | 3 |
| 2021 · Form 990 | ||||||||
| $1,379,520 | $1,498,117 | $19,420,791 | -$3,541,636 | $0 | $1,378,806 | $0 | 0 | 0 |
| 2020 · Form 990 | ||||||||
| $1,421,139 | $1,506,377 | $19,840,253 | -$3,423,039 | $0 | $1,420,209 | $0 | 0 | 0 |
| 2019 · Form 990 | ||||||||
| $1,337,958 | $1,655,177 | $20,271,529 | -$3,337,801 | $0 | $1,313,708 | $0 | 0 | 0 |
| 2018 · Form 990 | ||||||||
| $1,323,098 | $1,152,527 | $21,005,778 | -$2,730,582 | $0 | $1,273,169 | $0 | 0 | 0 |
| 2017 · Form 990 | ||||||||
| $1,197,527 | $2,137,926 | $21,771,023 | -$2,901,153 | $0 | $1,163,620 | $0 | 0 | 0 |
| 2016 · Form 990 | ||||||||
| $1,141,328 | $1,214,058 | $12,880,375 | -$1,960,754 | $0 | $1,102,300 | $0 | 0 | 0 |
| 2015 · Form 990 | ||||||||
| $1,065,946 | $1,214,024 | $13,264,682 | -$1,888,024 | $0 | $1,065,800 | $0 | 0 | 0 |
| 2014 · Form 990 | ||||||||
| $1,065,356 | $1,292,805 | $13,594,536 | -$1,739,946 | $0 | $1,065,152 | $0 | 0 | 0 |
| 2013 · Form 990 | ||||||||
| $746,246 | $1,478,195 | $14,026,576 | -$1,512,497 | $0 | $746,103 | $0 | 0 | 0 |
| 2012 · Form 990 | ||||||||
| $106 | $736,436 | $11,347,038 | -$780,548 | $0 | $0 | $0 | 0 | 0 |
| 2011 · Form 990EZ | ||||||||
| $0 | $44,218 | $0 | -$44,218 | - | - | - | - | - |
Connected to
Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.
- SPECTRUM HIGH SCHOOL Elk River, MN · 4 people in common (Anthony Brunt, Cory Taylor, Dave Lucas) · related organization (Schedule R)
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
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|---|---|---|---|---|---|---|---|
| CSE BUILDING COMPANY | MN | B11 | $4,362,801 | $3,679,371 | Board Chair | $164,662 | Same NTEE code B11, revenue within 2x, same state, similar name |
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| LILA BUILDING COMPANY | MN | B11 | $2,797,459 | $2,782,014 | PRESIDENT/LILA CFO | $144,717 | Same NTEE code B11, revenue within 2x, same state, similar name |
| NEW MILLENNIUM BUILDING COMPANY | MN | B11 | $1,393,850 | $1,139,710 | TREASURER | $129,715 | Same NTEE code B11, revenue within 2x, same state, similar name |
| EAGLE RIDGE ACADEMY AFFILIATED BUILDING COMPANY | MN | B11 | $2,925,138 | $2,790,680 | MEMBER/EXECUTIVE DIRECTOR | $254,919 | Same NTEE code B11, revenue within 2x, same state |
| FRIENDS OF@SPERO ACADEMY | MN | B11 | $1,680,164 | $1,474,254 | CHAIR | $0 | Same NTEE code B11, revenue within 2x, same state, similar mission |
| GREAT RIVER AFFILIATED BUILDING COMPANY | MN | B11 | $1,359,174 | $1,390,290 | Director | $102,792 | Same NTEE code B11, revenue within 2x, same state |
| FRIENDS OF SPERO ACADEMY II | MN | B11 | $1,967,349 | $2,047,302 | CHAIR | $0 | Same NTEE code B11, revenue within 2x, same state, similar mission |
| SPARTAN INNOVATION BUILDING CORPORATION | MN | B11 | $2,042,848 | $1,754,310 | SECRETARY/TREASURER (THRU 6/23/25) | $267,026 | Same NTEE code B11, revenue within 2x, same state |
| SHPA ABC | MN | B11 | $1,898,055 | $1,977,586 | BOARD CHAIR | $136,849 | Same NTEE code B11, revenue within 2x, same state, similar mission |
| HIAWATHA ABC | MN | B11 | $1,313,028 | $1,454,083 | PRESIDENT | $0 | Same NTEE code B11, revenue within 2x, same state, similar mission |
| FRIENDS OF BEACON | MN | B11 | $1,210,081 | $1,190,170 | PRINCIPAL | $113,712 | Same NTEE code B11, revenue within 2x, same state |
| DAVINCI ACADEMY ABC | MN | B11 | $1,901,839 | $1,627,258 | TREASURER | $92,853 | Same NTEE code B11, revenue within 2x, same state |
| JONES FAMILY FOUNDATION | MN | B11 | $1,233,529 | $1,129,844 | DIRECTOR | $337,780 | Same NTEE code B11, revenue within 2x, same state |
| EDUCATIONAL PROPERTIES INC | MN | B11 | $1,641,231 | $1,244,937 | SECRETARY | $0 | Same NTEE code B11, revenue within 2x, same state |
| FRIENDS OF EDUCATION | MN | B11 | $1,447,421 | $1,230,285 | DIRECTOR | $0 | Same NTEE code B11, revenue within 2x, same state |
| METROPOLITAN STATE UNIVERSITY FOUNDATION | MN | B11 | $1,864,386 | $1,488,659 | EXECUTIVE DI | $178,413 | Same NTEE code B11, revenue within 2x, same state |
| FRIENDS OF NORTHWEST PASSAGE HIGH SCHOOL | MN | B11 | $3,902,593 | $487,469 | SCHOOL DIRECTOR | $113,005 | Same NTEE code B11, revenue within 2x, same state |
| HENNEPIN TECHNICAL COLLEGE FOUNDATION | MN | B11 | $1,977,153 | $2,107,011 | TREASURER | $0 | Same NTEE code B11, revenue within 2x, same state |
| NLAABC | MN | B11 | $1,682,234 | $2,467,346 | CHAIR | $0 | Same NTEE code B11, revenue within 2x, same state |
| FRIENDS OF NOVA CLASSICAL ACADEMY | MN | B11 | $1,735,693 | $1,404,443 | Secretary | $135,107 | Same NTEE code B11, revenue within 2x, same state |
| FRIENDS OF ASCENSION CATHOLIC GRADE SCHOOL | MN | B11 | $1,511,891 | $1,533,483 | CHAIRMAN | $0 | Same NTEE code B11, revenue within 2x, same state |
| YBC INC | MN | B11 | $1,382,617 | $1,249,813 | BOARD CHAIR | $0 | Same NTEE code B11, revenue within 2x, same state |
| LAKER ATHLETIC BOOSTER CLUB INC | MN | B11 | $1,551,578 | $1,478,374 | President | $0 | Same NTEE code B11, revenue within 2x, same state |
| BETHEL UNIVERSITY FOUNDATION | MN | B11 | $2,691,266 | $2,026,199 | EX-OFFICIO | $381,562 | Same NTEE code B11, revenue within 2x, same state |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $2,454,593 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $1,713,639 | $1,713,639 | - | - | 69.8% | |
| Depreciation and depletion | $531,742 | $531,742 | - | - | 21.7% | |
| Fees: legal | $122,525 | - | $122,525 | - | 5.0% | |
| Fees: accounting | $62,000 | - | $62,000 | - | 2.5% | |
| Fees: other services | $24,687 | - | $24,687 | - | 1.0% | |
| Total | $2,454,593 | 100% |
2023 · Form 990 · $1,574,561 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $891,682 | $891,682 | - | - | 56.6% | |
| Depreciation and depletion | $534,358 | $534,358 | - | - | 33.9% | |
| All other expenses | $40,796 | $40,796 | - | - | 2.6% | |
| Other (as described) | DUES AND MEMBERSHIPS | $38,673 | $38,673 | - | - | 2.5% |
| Other (as described) | EQUIPMENT RENTAL & REPA | $26,887 | $26,887 | - | - | 1.7% |
| Fees: other services | $21,924 | $1,816 | $20,108 | - | 1.4% | |
| Fees: accounting | $14,800 | - | $14,800 | - | 0.9% | |
| Other (as described) | EQUIPMENT PURCHASES | $5,441 | $5,441 | - | - | 0.3% |
| Total | $1,574,561 | 100% |
2022 · Form 990 · $1,481,751 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $905,506 | $905,506 | - | - | 61.1% | |
| Depreciation and depletion | $509,866 | $509,866 | - | - | 34.4% | |
| Other (as described) | MISC | $40,796 | $40,796 | - | - | 2.8% |
| Fees: accounting | $16,300 | - | $16,300 | - | 1.1% | |
| Fees: other services | $8,774 | - | $8,774 | - | 0.6% | |
| Other (as described) | DUES AND MEMBERSHIPS | $400 | $400 | - | - | 0.0% |
| Other (as described) | SPECIAL ASSESSMENTS | $109 | $109 | - | - | 0.0% |
| Total | $1,481,751 | 100% |
2021 · Form 990 · $1,498,117 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $959,584 | $959,584 | - | - | 64.1% | |
| Depreciation and depletion | $518,440 | $518,440 | - | - | 34.6% | |
| Fees: accounting | $12,550 | $12,550 | - | - | 0.8% | |
| Fees: other services | $6,312 | $6,312 | - | - | 0.4% | |
| Occupancy | $1,231 | $1,231 | - | - | 0.1% | |
| Total | $1,498,117 | 100% |
2020 · Form 990 · $1,506,377 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $971,833 | $971,833 | - | - | 64.5% | |
| Depreciation and depletion | $519,318 | $519,318 | - | - | 34.5% | |
| Fees: accounting | $12,357 | $12,357 | - | - | 0.8% | |
| Fees: other services | $2,164 | $2,164 | - | - | 0.1% | |
| Insurance | $705 | $705 | - | - | 0.0% | |
| Total | $1,506,377 | 100% |
2019 · Form 990 · $1,655,177 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $982,349 | $982,349 | - | - | 59.4% | |
| Depreciation and depletion | $519,318 | $519,318 | - | - | 31.4% | |
| Other (as described) | EQUIPMENT PURCHASES | $109,999 | $109,999 | - | - | 6.6% |
| Fees: other services | $31,836 | $19,886 | $11,950 | - | 1.9% | |
| Fees: accounting | $6,955 | - | $6,955 | - | 0.4% | |
| Other (as described) | DUES AND MEMBERSHIPS | $2,420 | $2,420 | - | - | 0.1% |
| Fees: investment management | $1,500 | - | $1,500 | - | 0.1% | |
| Insurance | $800 | $800 | - | - | 0.0% | |
| Total | $1,655,177 | 100% |
2018 · Form 990 · $1,152,527 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $703,946 | $703,946 | - | - | 61.1% | |
| Depreciation and depletion | $424,019 | $424,019 | - | - | 36.8% | |
| Fees: accounting | $11,025 | - | $11,025 | - | 1.0% | |
| Other (as described) | LOSS ON EQUIPMENT DISPO | $7,417 | - | $7,417 | - | 0.6% |
| Fees: other services | $6,025 | - | $6,025 | - | 0.5% | |
| Insurance | $95 | $95 | - | - | 0.0% | |
| Total | $1,152,527 | 100% |
2017 · Form 990 · $2,137,926 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $879,539 | $879,539 | - | - | 41.1% | |
| Depreciation and depletion | $429,583 | $429,583 | - | - | 20.1% | |
| Other (as described) | UNDERWRITER'S DISCOUNT | $348,300 | - | $348,300 | - | 16.3% |
| Fees: legal | $179,449 | - | $179,449 | - | 8.4% | |
| Other (as described) | BOND CLOSING COSTS | $135,320 | - | $135,320 | - | 6.3% |
| Fees: other services | $50,384 | - | $50,384 | - | 2.4% | |
| Other (as described) | BOND ISSUER FEE | $50,000 | - | $50,000 | - | 2.3% |
| Occupancy | $47,026 | - | $47,026 | - | 2.2% | |
| Fees: accounting | $18,325 | - | $18,325 | - | 0.9% | |
| Total | $2,137,926 | 100% |
2016 · Form 990 · $1,214,058 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $713,114 | $713,114 | - | - | 58.7% | |
| Depreciation and depletion | $432,767 | $432,767 | - | - | 35.6% | |
| Fees: other services | $68,177 | $68,177 | - | - | 5.6% | |
| Total | $1,214,058 | 100% |
2015 · Form 990 · $1,214,024 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $726,990 | $726,990 | - | - | 59.9% | |
| Depreciation and depletion | $425,695 | $425,695 | - | - | 35.1% | |
| Fees: other services | $51,207 | $51,207 | - | - | 4.2% | |
| Other (as described) | CAPITAL OUTLAY | $10,132 | $10,132 | - | - | 0.8% |
| Total | $1,214,024 | 100% |
2014 · Form 990 · $1,292,805 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $733,351 | $733,351 | - | - | 56.7% | |
| Depreciation and depletion | $423,621 | $423,621 | - | - | 32.8% | |
| Fees: other services | $97,386 | $97,386 | - | - | 7.5% | |
| Other (as described) | CAPITAL OUTLAY | $38,447 | $38,447 | - | - | 3.0% |
| Total | $1,292,805 | 100% |
2013 · Form 990 · $1,478,195 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $536,370 | $536,370 | - | - | 36.3% | |
| Fees: other services | $419,197 | $419,197 | - | - | 28.4% | |
| Depreciation and depletion | $261,736 | $261,736 | - | - | 17.7% | |
| Other (as described) | BOND ISSUANCE COSTS | $253,160 | $253,160 | - | - | 17.1% |
| Other (as described) | CAPITAL OUTLAY | $6,985 | $6,985 | - | - | 0.5% |
| Office expenses | $704 | $704 | - | - | 0.0% | |
| Insurance | $43 | $43 | - | - | 0.0% | |
| Total | $1,478,195 | 100% |
2012 · Form 990 · $736,436 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Interest | $292,438 | $292,438 | - | - | 39.7% | |
| Depreciation and depletion | $254,283 | $250,646 | $3,637 | - | 34.5% | |
| Fees: other services | $143,258 | $122,427 | $20,831 | - | 19.5% | |
| Other (as described) | CAPITAL OUTLAY | $30,761 | $19,897 | $10,864 | - | 4.2% |
| Office expenses | $8,392 | $8,300 | $92 | - | 1.1% | |
| Insurance | $7,279 | $7,279 | - | - | 1.0% | |
| Other (as described) | DUES AND MEMBERSHIPS | $25 | $25 | - | - | 0.0% |
| Total | $736,436 | 100% |
2011 · Form 990EZ · $44,218 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Other expenses (detail on Schedule O) | $22,500 | 50.9% | |
| Fees to independent contractors | $21,718 | 49.1% | |
| Total | $44,218 | 100% |
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