2024-05-08T10:47:38-05:00 2023-06-30 471019942 CREATIVE PLANNING TAX LLC 3800 AMERICAN BLVD WEST SUITE 1000 MINNEAPOLIS MN 554314420 990 2022-07-01 300961319 SHPA ABC BUILDING COMPANY SHPA 6512870890 8600 BLOOMINGTON AVENUE SOUTH BLOOMINGTON MN 55425 RYAN GRUTSCH BOARD CHAIR 6512870890 2024-05-06 1 RYAN GRUTSCH 999009999 0 BRENT L ALEXANDER CPA P00075113 9525636800 2024-05-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RYAN GRUTSCH 8600 BLOOMINGTON AVENUE SOUTH BLOOMINGTON MN 55425 991836 0 X N/A X 2006 MN TO PURCHASE, OWN, CONSTRUCT OR LEASE A PUBLIC SCHOOLHOUSE ON REAL ESTATE FOR LEASE TO SEVEN HILLS PREPARATORY ACADEMY, A MN PUBLIC CHARTER SCHOOL. 3 1 0 1 0 0 0 0 949603 950618 1011 41218 0 0 950614 991836 0 0 0 0 0 0 0 0 0 941114 911475 941114 911475 9500 80361 13779471 13620725 14417651 14178544 -638180 -557819 THE ORGANIZATION WAS CREATED AS A VEHICLE TO ACQUIRE A FACILITY FOR SEVEN HILLS PREPARATORY ACADEMY, A MN PUBLIC CHARTER SCHOOL. 0 0 907075 950618 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PURCHASE, OWN, CONSTRUCT OR LEASE A PUBLIC SCHOOLHOUSE ON REAL ESTATE FOR LEASE TO SEVEN HILLS PREPARATORY ACADEMY, A MN PUBLIC CHARTER SCHOOL. 907075 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 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 CLIFTONLARSONALLEN 6123764500 220 SOUTH 6TH ST SUITE 300 MINNEAPOLIS MN 55402 RYAN GRUTSCH BOARD CHAIR 41.00 1.00 X X 0 81077 13815 JANEEN RAAEN SECRETARY 1.00 0.00 X X 0 0 0 KATE DOCKEN TREASURER 41.00 1.00 X X 0 81521 12117 0 162598 25932 0 0 0 0 0 RENTAL INCOME 531190 950618 950618 950618 41218 41218 991836 950618 0 41218 4400 4400 689318 689318 217757 217757 911475 907075 4400 0 1282742 1341753 13404231 1125259 12496729 12278972 13779471 13620725 172120 168613 13280000 13255000 685000 470000 280531 284931 14417651 14178544 X 1002211 1056822 -1640391 -1614641 0 0 -638180 -557819 13779471 13620725 80361 0 X 0 1 X 0 0 X X 1 SEVEN HILLS PREPARATORY ACADEMY 203107105 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2890000 2890000 10236906 1088877 9148029 277325 36382 240943 12278972 DUE FROM SEVEN HILLS PREPARATORY ACADEMY 284931 284931 X PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ACADEMY IS ALSO EXEMPT FROM MINNESOTA FRANCHISE OR INCOME TAX. THE ACADEMY IS REQUIRED TO ASSESS WHETHER AN UNCERTAIN TAX POSITION EXISTS AND IF THERE SHOULD BE RECOGNITION OF A RELATED BENEFIT OR LIABILITY IN THE BASIC FINANCIAL STATEMENTS. THE ACADEMY HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. A CITY OF DEEPHAVEN MINNESOTA 416005090 24380HBJ0 2017-10-01 1000000 FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, & EQUIPPING OF FACILITY 0 0 0 B CITY OF DEEPHAVEN MINNESOTA 416005090 24380HBK7 2017-10-01 4020000 FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, & EQUIPPING OF FACILITY 0 0 0 C CITY OF DEEPHAVEN MINNESOTA 416005090 24380HBL5 2017-10-01 8300000 FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT, & EQUIPPING OF FACILITY 0 0 0 A 1000000 35487 854428 110085 0 0 0 1 B 4020000 142656 3434802 442542 0 0 0 1 C 8300000 294539 7091756 913705 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF SHPA ABC IS SEVEN HILLS PREPARATORY ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A SEVEN HILLS PREPARATORY ACADEMY, AS THE SOLE MEMBER, HAS THE POWER TO REMOVE OR APPOINT DIRECTORS OF SHPA ABC. FORM 990, PART VI, SECTION A, LINE 7B THE ARTICLES OF INCORPORATION SHALL NOT BE AMENDED WITHOUT THE WRITTEN CONSENT OF SEVEN HILLS PREPARATORY ACADEMY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE, THEN SENT TO THE BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE REQUIRED TO SUBMIT AN ANNUAL STATEMENT THAT DISCLOSES ANY RELATIONSHIPS THAT MAY GIVE RISE TO POTENTIAL CONFLICTS OF INTEREST. THE BOARD OF DIRECTORS AND SCHOOL ADMINISTRATORS COMPLETE REQUIRED TRAINING ON WHAT MAY CONSTITUTE A CONFLICT OF INTEREST AND BOTH REVIEW THE CONFLICT OF INTEREST ANNUAL STATEMENTS AND CONFLICTS THAT ARISE DURING THE YEAR. ANY DIRECTOR WHO HAS A POTENTIAL CONFLICT OF INTEREST IN A TRANSACTION THAT IS BEING CONTEMPLATED BY THE BOARD, OR HAS A RELATIONSHIP WITH ANY PERSON WHOM MAY BE INVOLVED IN SUCH A TRANSACTION, MUST FULLY DISCLOSE TO THE BOARD THE EXISTENCE OF THE INTEREST OR RELATIONSHIP. INDIVIDUALS WITH POTENTIAL CONFLICTS OF INTEREST MAY NOT PARTICIPATE IN THE DISCUSSION NOR THE VOTE ON THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE NOTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). SEVEN HILLS PREPARATORY ACADEMY 8600 BLOOMINGTON AVE S BLOOMINGTON MN 55425 203107105 PUBLIC CHARTER SCHOOL MN 501(C)(3) LINE 2 N/A 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0