Nonprofit · EIN 81-5179098
NEW MILLENNIUM BUILDING COMPANY
Tax-exempt · BROOKLYN CTR, MN 55429
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,393,850 | $1,139,710 | $254,140 | $14,321,940 | $15,146,433 | -$824,493 |
| June 30, 2024 | 990 | $1,358,567 | $1,145,891 | $212,676 | $14,443,541 | $15,522,174 | -$1,078,633 |
| June 30, 2023 | 990 | $1,315,629 | $1,204,617 | $111,012 | $14,579,722 | $15,871,031 | -$1,291,309 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,265,375
- Investment income
- $84,191
- Other revenue
- $44,284
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,850
- Accounting fees
- $20,200
- Depreciation
- $237,345
- Program services (functional)
- $1,101,213
- Management and general (functional)
- $38,497
Balance sheet and other
- Total assets, start of year
- $14,443,541
- Total assets, end of year
- $14,321,940
- Total liabilities, end of year
- $15,146,433
- Net assets, end of year
- -$824,493
- Land, buildings and equipment
- $11,852,946
- Gross receipts
- $1,393,850
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2016
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTINE REED | TREASURER Trustee or director, Officer | 1 | $0 | $109,435 | $20,280 |
| XAO VANG | SECRETARY Trustee or director, Officer | 1 | $0 | $72,072 | $12,196 |
| NICHOLE SCHMIDT | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICHOLE SCHMIDT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRISTINE REED | TREASURER Trustee or director, Officer | 1 | $0 |
| XAO VANG | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MAI KA YANG | VICE PRESIDENT/OPERATIONS DIRECTOR Trustee or director, Officer | 1 | $0 | $106,000 | $16,370 |
| KONGSUE YANG | SECRETARY/TEACHER Trustee or director, Officer | 1 | $0 | $41,051 | $3,079 |
| JENNY ABBS | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5105 BROOKLYN BLVD, BROOKLYN CTR, MN 55429-3404
- Principal officer (990 for 2024)
- NICHOLE SCHMIDT, 5105 BROOKLYN BLVD, BROOKLYN CENTER, MN 55429
- Signed the 990
- CHRISTINE REED, TREASURER
- Phone
- (763) 235-7900
- Website
- WWW.NEWMILLENNIUMACADEMY.ORG
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
TO SUPPORT THE MISSION AND VISION OF NEW MILLENNIUM ACADEMY THROUGH THE OWNERSHIP OF REAL PROPERTY.
Program accomplishments
- TO MANAGE REAL ESTATE AND A BUILDING FOR LEASE TO ITS BENEFICIARY ORGANIZATION NEW MILLENNIUM ACADEMY, A MINNESOTA CHARTER SCHOOL.Expenses $1,101,213 · revenue $1,309,659
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-5179098
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $14,321,940
- Income (IRS master file)
- $1,393,850
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,393,850 | $1,139,710 | $14,321,940 | IRS |
| 990 | June 2024 | $1,358,567 | $1,145,891 | $14,443,541 | IRS |
| 990 | June 2023 | $1,315,629 | $1,204,617 | $14,579,722 | XML |
| 990 | June 2022 | $1,263,272 | $1,176,700 | $14,710,479 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-5179098).
Questions about NEW MILLENNIUM BUILDING COMPANY
- What is the EIN of NEW MILLENNIUM BUILDING COMPANY?
- The employer identification number (EIN) of NEW MILLENNIUM BUILDING COMPANY is 81-5179098.
- Is NEW MILLENNIUM BUILDING COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to NEW MILLENNIUM BUILDING COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does NEW MILLENNIUM BUILDING COMPANY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW MILLENNIUM BUILDING COMPANY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW MILLENNIUM BUILDING COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW MILLENNIUM BUILDING COMPANY?
- The 990 for the year ended June 30, 2025 names NICHOLE SCHMIDT.
- Who are the officers and directors of NEW MILLENNIUM BUILDING COMPANY?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEW MILLENNIUM BUILDING COMPANY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,393,850, expenses of $1,139,710 and total assets of $14,321,940 at year end.
Other nonprofits in BROOKLYN CTR
- NEW MILLENNIUM ACADEMY EIN 42-1625836 · last filed 990 for 2025
- TWIN LAKES STEM ACADEMY EIN 47-1553568 · last filed 990 for 2025
- PROGENY ACADEMY INC EIN 38-4048313 · last filed 990 for 2025
- MINNESOTA TRUCKING ASSOCIATION FOUNDATION EIN 84-2847691 · last filed 990 for 2025
- ACADEMY LIBRARY INC EIN 82-2650149 · last filed 990-N for 2025
- EVERGREEN PARENT INVOLVEMENT CLUB EIN 83-2113945 · last filed 990-N for 2025
- TLS BUILDING COMPANY EIN 87-1488586 · last filed 990-EZ for 2025
- SPIRITUAL LIFE BIBLE COLLEGE EIN 20-5085101 · last filed 990-N for 2013