Civic Intelligence

Pima County Community Land Trust

990 • Fiscal year 2019 • EIN 27-2635994

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 09, 2019

17 N Linda AveTucson, AZ 85745

(520) 603-0587

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

0.10x

Higher debt load relative to revenue than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

22nd percentile

-9.0%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

59th percentile

$80,466

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 27.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

34th percentile

-1.1%

Faster asset growth than 34% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$3,184,670

Down $36,289 (-1.1%) from 2018

Net Assets

Down

$3,155,370

Down $26,485 (-0.8%) from 2018

Liabilities

Down

$29,300

Down $9,804 (-25%) from 2018

Revenue

Down

$293,257

Down $978,240 (-77%) from 2018

Expenses

Up

$319,742

Up $11,089 (+3.6%) from 2018

Net Income

Down

-$26,485

Down $989,329 (-103%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $1,319,240Liabilities 2011: $46,621Net Assets 2011: $1,272,6192011Assets 2012: $2,991,398Liabilities 2012: $1,537Net Assets 2012: $2,989,8612012Assets 2013: $3,372,077Liabilities 2013: $95,486Net Assets 2013: $3,276,5912013Assets 2014: $3,252,372Liabilities 2014: $72,926Net Assets 2014: $3,179,4462014Assets 2015: $3,176,133Liabilities 2015: $1,025Net Assets 2015: $3,175,1082015Assets 2016: $2,325,072Liabilities 2016: $30,773Net Assets 2016: $2,294,2992016Assets 2017: $2,338,693Liabilities 2017: $119,682Net Assets 2017: $2,219,0112017Assets 2018: $3,220,959Liabilities 2018: $39,104Net Assets 2018: $3,181,8552018Assets 2019: $3,184,670Liabilities 2019: $29,300Net Assets 2019: $3,155,3702019Assets 2020: $3,297,261Liabilities 2020: $74,818Net Assets 2020: $3,222,4432020Assets 2021: $4,018,744Liabilities 2021: $451,594Net Assets 2021: $3,567,1502021Assets 2022: $5,411,251Liabilities 2022: $51,617Net Assets 2022: $5,359,6342022Assets 2023: $8,918,917Liabilities 2023: $101,036Net Assets 2023: $8,817,8812023Assets 2024: $8,811,648Liabilities 2024: $393,338Net Assets 2024: $8,418,3102024Assets 2025: $8,328,926Liabilities 2025: $390,121Net Assets 2025: $7,938,8052025

Highlighted filing

2019

Assets$3,184,670
Liabilities$29,300
Net Assets$3,155,370

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $114,7472011Expenses 2012: $115,4092012Expenses 2013: $2,249,8192013Revenue 2014: $1,620,589Expenses 2014: $1,717,734Net Income 2014: -$97,1452014Revenue 2015: $1,058,258Expenses 2015: $801,072Net Income 2015: $257,1862015Revenue 2016: $203,833Expenses 2016: $1,084,642Net Income 2016: -$880,8092016Revenue 2017: $269,158Expenses 2017: $344,446Net Income 2017: -$75,2882017Revenue 2018: $1,271,497Expenses 2018: $308,653Net Income 2018: $962,8442018Revenue 2019: $293,257Expenses 2019: $319,742Net Income 2019: -$26,4852019Revenue 2020: $440,180Expenses 2020: $373,107Net Income 2020: $67,0732020Revenue 2021: $767,782Expenses 2021: $423,075Net Income 2021: $344,7072021Revenue 2022: $2,378,509Expenses 2022: $586,025Net Income 2022: $1,792,4842022Revenue 2023: $4,219,683Expenses 2023: $761,436Net Income 2023: $3,458,2472023Revenue 2024: $693,485Expenses 2024: $1,093,056Net Income 2024: -$399,5712024Revenue 2025: $580,744Expenses 2025: $1,060,249Net Income 2025: -$479,5052025

Highlighted filing

2019

Revenue$293,257
Expenses$319,742
Net Income-$26,485
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 9, 2019
Return Version
2018v3.1
Gross Receipts
$380,376
Mission and Program Overview

Mission

Pima county land trust's mission is to create a permanent inventory of affordable homes in our community. Additionally, the land trust created homeownership opportunities for low income individuals by removing the land cost from the purchase price and leasing the lot to the homeowner.

Pima county land trust's mission is to create a permanent inventory of affordable homes in our community. Additionally, the land trust created homeownership opportunities for low income individuals by removing the land cost from the purchase price and leasing the lot to the homeowner

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,010,874$987,943▼ $22,931
Savings and Temporary Cash Investments$179,181$193,376▲ $14,195
Accounts Receivable$18,819$31,500▲ $12,681
Cash and Non-Interest-Bearing Accounts$63,267$21,835▼ $41,432
Prepaid Expenses and Deferred Charges$6,821$8,019▲ $1,198
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,220,959$3,184,670▼ $36,289
Other Assets Total$1,941,997$1,941,997→ $0
Liabilities
Other Liabilities$34,560$27,433▼ $7,127
Deferred Revenue$2,186$1,552▼ $634
Accounts Payable and Accrued Expenses$2,358$315▼ $2,043
Total Liabilities$39,104$29,300▼ $9,804
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,892,909$2,892,909→ $0
Unrestricted Net Assets$288,946$262,461▼ $26,485
Total Net Assets Fund Balance$3,181,855$3,155,370▼ $26,485
Total Liabilities and Net Assets / Fund Balance$3,220,959$3,184,670▼ $36,289

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$987,943$31,632$1,019,575
Other Assets Org$1,873,334--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maggie Amado TellezExecutive DirectorFT$68,650$11,816$80,466

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$115,517
Program Service Revenue
$170,719
Investment Income
$140
Other Revenue
$6,881
All Other Contributions
$8,001
Change in Net Assets
$-26,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$192,251
Other Expenses$127,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,620--$79,620
Current Officers, Directors, Trustees, and Key Employees$68,650--$68,650
Other Employee Benefits-$31,453-$31,453
Fees for Services Accounting$23,167--$23,167
Depreciation Depletion$22,931--$22,931
Occupancy$16,800--$16,800
Payroll Taxes-$12,528-$12,528
Fees for Services Other$10,978--$10,978
Office Expenses-$10,759-$10,759
Insurance-$9,220-$9,220
All Other Expenses$1,748$1,147-$2,895
Other Expenses$2,172$3,258-$2,172
Advertising$665--$665
Total Functional Expenses$251,377$68,365$0$319,742
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,393
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Dinner$22,134-$9,332-
Total Events$22,134-$11,393$-11,393
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll liabilities$20,993
Tenant Security Deposits$6,440
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Draft of completed form 990 is reviewed by the full board prior to being filed. Any issues, questions or changes are discussed directly with the organization's internal personnel and/or with the cpa firm engage to complete the form 990

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The land trust monitors and enforces compliance with the conflict of interest policy on an annual basis

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board sets the executive director's salary. It is determined through review of compensation of similar sized non-profit organizations coupled with financial performance of the land trust

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board of directors determines salatry through review of compensation of similar sized non-profit organizations coupled with financial performance of the land trust

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents and financial statements are available to the public upon request from any interested party

Filing and Contact Details

Filer

Filer Name
Pima County Community Land Trust
EIN
27-2635994
Phone
5206030587
Address
17 N Linda Ave, Tucson, AZ 85745

Signing Officer

Name
Christina Herrera
Title
President
Signed
2019-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina Herrera
Formed
2010
Legal Domicile
Az
Voting Board Members
13
Independent Board Members
13
Employees
3

Preparer

Firm
Roberts Alexonis Group Pllc
Address
1660 E RIVER RD STE 100, TUCSON, AZ 85718-5834
Preparer
D Jack Roberts CPA
Phone
5208817211
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

PCCLT is a tax-exempt non-profit organization described in Internal Revenue Code Section 501(c)(3) and Arizona Revised Statutes Section 43-1201(4). Therefore, no provision for income taxes has been made in the accompanying financial statements. However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. The Organization is also classified as an entity that is not a private foundation and qualifies for deductible contributions. The Company's federal income tax returns generally remain subject to examination by the Internal Revenue Service for three years from the date filed. The Company's Arizona income tax returns generally remain subject to examination by the Arizona Department of Revenue for four years from the date filed.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Susan Swanne
IRS990/Form990PartVIISectionAGrp/PersonNm2James Brooks
IRS990/Form990PartVIISectionAGrp/PersonNm3Jill-Ann Weickhardt
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IRS990/Form990PartVIISectionAGrp/PersonNm9Otilia Arvizu
IRS990/Form990PartVIISectionAGrp/PersonNm10Christina Herrera
IRS990/Form990PartVIISectionAGrp/PersonNm11Stephen Krauss
IRS990/Form990PartVIISectionAGrp/PersonNm12Rey Robles
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt10President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
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IRS990/MissionDesc0PIMA COUNTY LAND TRUST'S MISSION IS TO CREATE A PERMANENT INVENTORY OF AFFORDABLE HOMES IN OUR COMMUNITY. ADDITIONALLY, THE LAND TRUST CREATED HOMEOWNERSHIP OPPORTUNITIES FOR LOW INCOME INDIVIDUALS BY REMOVING THE LAND COST FROM THE PURCHASE PRICE AND LEASING THE LOT TO THE HOMEOWNER
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt018274
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010759
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc3PROPERTY TAX
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IRS990/OtherExpensesGrp/ProgramServicesAmt12429
IRS990/OtherExpensesGrp/ProgramServicesAmt22172
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IRS990/OtherExpensesGrp/TotalAmt32172
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IRS990/OtherLiabilitiesGrp/EOYAmt027433
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IRS990/OtherSalariesAndWagesGrp/TotalAmt079620
IRS990/OtherWebsiteInd0X
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08019
IRS990/PrincipalOfficerNm0Christina Herrera
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0LAND LEASE INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LOW INCOME HOUSING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OTHER INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt183200
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IRS990/PYContributionsGrantsAmt01152916
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0110
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0103808
IRS990/PYOtherRevenueAmt015953
IRS990/PYProgramServiceRevenueAmt0102518
IRS990/PYRevenuesLessExpensesAmt0962844
IRS990/PYSalariesCompEmpBnftPaidAmt0204845
IRS990/PYTotalExpensesAmt0308653
IRS990/PYTotalRevenueAmt01271497
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0112590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0154553
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01004208
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt07000
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0165
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0219
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0784
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0518010
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99980
IRS990ScheduleA/PublicSupportTotal170Amt02553650
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt093383
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01152916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0124590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0166553
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01016208
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02553650
IRS990ScheduleA/TotalSupportAmt02554434
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0987943
IRS990ScheduleD/BuildingsGrp/DepreciationAmt031632
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01019575
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt068663
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11873334
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.33$0.39$7.94$0.58$1.06$0.48
2024Detailed filing. Detailed filing data is available for this year.$8.81$0.39$8.42$0.69$1.09$0.40
2023Detailed filing. Detailed filing data is available for this year.$8.92$0.10$8.82$4.22$0.76$3.46
2022Detailed filing. Detailed filing data is available for this year.$5.41$0.05$5.36$2.38$0.59$1.79
2021Detailed filing. Detailed filing data is available for this year.$4.02$0.45$3.57$0.77$0.42$0.34
2020Detailed filing. Detailed filing data is available for this year.$3.30$0.07$3.22$0.44$0.37$0.07
2019Detailed filing. Detailed filing data is available for this year.$3.18$0.03$3.16$0.29$0.32$0.03
2018Detailed filing. Detailed filing data is available for this year.$3.22$0.04$3.18$1.27$0.31$0.96
2017Detailed filing. Detailed filing data is available for this year.$2.34$0.12$2.22$0.27$0.34$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.33$0.03$2.29$0.20$1.08$0.88
2015Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$1.06$0.80$0.26
2014Detailed filing. Detailed filing data is available for this year.$3.25$0.07$3.18$1.62$1.72$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.10$3.28$2.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.00$2.99$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.05$1.27$0.11