Civic Intelligence

The Rondo Community Land Trust

EIN 41-1753148 • 501(c)3 • St Paul, MN

Profile

Empowering with affordable housing. Strengthen and preserve communities by providing and advocating for permanently affordable, sustainable housing for families and individuals with low to moderate incomes. Promote the utilization of the land trust model as a method of preserving affordable housing, economic growth and neighborhood stabilization. Support and celebrate cultural diversity by providing affordable business opportunities to increase community economic wealth, property values and jobs.

1041 Selby AveSt Paul, MN 55104

www.rondoclt.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.14x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.21x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$140,655

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

93rd percentile

51%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

50%

Faster revenue growth than 85% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$22,434,789

Up $7,576,754 (+51%) from 2023

Liabilities

Up

$3,158,829

Up $619,459 (+24%) from 2023

Net Assets

Up

$19,275,960

Up $6,957,295 (+56%) from 2023

Operations
Liabilities / Revenue49th percentileNet Margin88th percentile

Revenue

Up

$14,807,249

Up $4,920,466 (+50%) from 2023

Expenses

Up

$7,940,161

Up $5,215,557 (+191%) from 2023

Net Income

Down

$6,867,088

Down $295,091 (-4.1%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $2,666,659Liabilities 2010: $167,737Net Assets 2010: $2,498,9222010Assets 2011: $2,275,102Liabilities 2011: $171,195Net Assets 2011: $2,103,9072011Assets 2012: $2,264,883Liabilities 2012: $176,513Net Assets 2012: $2,088,3702012Assets 2013: $1,895,571Liabilities 2013: $22,362Net Assets 2013: $1,873,2092013Assets 2014: $1,834,089Liabilities 2014: $102,392Net Assets 2014: $1,731,6972014Assets 2015: $1,840,724Liabilities 2015: $150,257Net Assets 2015: $1,690,4672015Assets 2016: $2,070,331Liabilities 2016: $353,120Net Assets 2016: $1,717,2112016Assets 2017: $2,568,361Liabilities 2017: $37,593Net Assets 2017: $2,530,7682017Assets 2018: $3,192,186Liabilities 2018: $250,094Net Assets 2018: $2,942,0922018Assets 2019: $3,200,771Liabilities 2019: $240,110Net Assets 2019: $2,960,6612019Assets 2020: $4,561,416Liabilities 2020: $1,289,622Net Assets 2020: $3,271,7942020Assets 2021: $4,880,332Liabilities 2021: $1,270,989Net Assets 2021: $3,609,3432021Assets 2022: $6,317,796Liabilities 2022: $1,161,313Net Assets 2022: $5,156,4832022Assets 2023: $14,858,035Liabilities 2023: $2,539,370Net Assets 2023: $12,318,6652023Assets 2024: $22,434,789Liabilities 2024: $3,158,829Net Assets 2024: $19,275,9602024

Highlighted filing

2024

Assets$22,434,789
Liabilities$3,158,829
Net Assets$19,275,960
Open 2024 Filing

Operations Trend

Revenue Growth85th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $312,6652010Expenses 2011: $260,2962011Revenue 2012: $216,958Expenses 2012: $232,495Net Income 2012: -$15,5372012Revenue 2013: $83,352Expenses 2013: $140,224Net Income 2013: -$56,8722013Revenue 2014: $185,011Expenses 2014: $326,523Net Income 2014: -$141,5122014Revenue 2015: $73,930Expenses 2015: $202,883Net Income 2015: -$128,9532015Revenue 2016: $201,944Expenses 2016: $175,200Net Income 2016: $26,7442016Revenue 2017: $995,477Expenses 2017: $181,920Net Income 2017: $813,5572017Revenue 2018: $767,732Expenses 2018: $211,408Net Income 2018: $556,3242018Revenue 2019: $274,613Expenses 2019: $256,044Net Income 2019: $18,5692019Revenue 2020: $708,244Expenses 2020: $397,111Net Income 2020: $311,1332020Revenue 2021: $806,965Expenses 2021: $469,416Net Income 2021: $337,5492021Revenue 2022: $2,961,756Expenses 2022: $1,414,616Net Income 2022: $1,547,1402022Revenue 2023: $9,886,783Expenses 2023: $2,724,604Net Income 2023: $7,162,1792023Revenue 2024: $14,807,249Expenses 2024: $7,940,161Net Income 2024: $6,867,0882024

Highlighted filing

2024

Revenue$14,807,249
Expenses$7,940,161
Net Income$6,867,088
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,434,789
Liabilities
$3,158,829
Net assets
$19,275,960
Revenue
$14,807,249
Expenses
$7,940,161
Net income
$6,867,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.4$3.16$19.3$14.8$7.94$6.87
2023Detailed filing. Detailed filing data is available for this year.$14.9$2.54$12.3$9.89$2.72$7.16
2022Detailed filing. Detailed filing data is available for this year.$6.32$1.16$5.16$2.96$1.41$1.55
2021Detailed filing. Detailed filing data is available for this year.$4.88$1.27$3.61$0.81$0.47$0.34
2020Detailed filing. Detailed filing data is available for this year.$4.56$1.29$3.27$0.71$0.40$0.31
2019Detailed filing. Detailed filing data is available for this year.$3.20$0.24$2.96$0.27$0.26$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.19$0.25$2.94$0.77$0.21$0.56
2017Detailed filing. Detailed filing data is available for this year.$2.57$0.04$2.53$1.00$0.18$0.81
2016Detailed filing. Detailed filing data is available for this year.$2.07$0.35$1.72$0.20$0.18$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.15$1.69$0.07$0.20$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.83$0.10$1.73$0.19$0.33$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.90$0.02$1.87$0.08$0.14$0.06
2012Summary only. Only limited summary data is available for this year.$2.26$0.18$2.09$0.22$0.23$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.17$2.10$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.17$2.50$0.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$17,730,328
Mission and Program Overview

Mission

To strengthen communities by providing permanently affordable, sustainable housing for families and individuals at or below 80% of the area median income; and, to promote the land trust model as a method of preserving affordable housing.

Permanently affordable and sustainable homeownership, rentals, and commercial opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,156,639$12,663,405▲ $5,506,766
Investments in Publicly Traded Securities$0$6,827,129▲ $6,827,129
Pledges and Grants Receivable$550,624$946,755▲ $396,131
Cash and Non-Interest-Bearing Accounts$523,896$674,926▲ $151,030
Intangible Assets$267,507$240,070▼ $27,437
Savings and Temporary Cash Investments$5,324,110$71,604▼ $5,252,506
Prepaid Expenses and Deferred Charges$18,210$41,990▲ $23,780
Other Notes and Loans Receivable, Net$6,044$6,044→ $0
Accounts Receivable$20,580$3,149▼ $17,431
Total Assets$14,858,035$22,434,789▲ $7,576,754
Other Assets Total$990,425$959,717▼ $30,708
Liabilities
Mortgage Notes Payable Secured by Investment Property$285,676$954,960▲ $669,284
Other Liabilities$838,599$809,172▼ $29,427
Deferred Revenue$680,826$730,871▲ $50,045
Accounts Payable and Accrued Expenses$291,186$443,826▲ $152,640
Unsecured Notes Loans Payable$443,083$220,000▼ $223,083
Total Liabilities$2,539,370$3,158,829▲ $619,459
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,726,145$15,133,111▲ $5,406,966
Net Assets With Donor Restrictions$2,592,520$4,142,849▲ $1,550,329
Total Net Assets Fund Balance$12,318,665$19,275,960▲ $6,957,295
Total Liabilities and Net Assets / Fund Balance$14,858,035$22,434,789▲ $7,576,754

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,847,431$668,501$6,515,932
Land$4,876,001-$4,876,001
Other Land Buildings$1,617,905-$1,617,905
Leasehold Improvements$179,710$13,540$193,250
Equipment$142,358$16,703$159,061
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mikeya GriffinExecutive DirectorFT$128,139$12,516$140,655
Elizabeth CocoDeputy DirectorFT$104,561$3,137$107,698

Board Members and Trustees

NameTitle
Charles BradleyPresident
Shannon BrunetteVice President
Ana CruzDirector
Jessica JamesDirector
KRYSTAL D'ALENCARDirector
Melvin GilesDirector
Tameka JonesDirector
Rekik EndeshawDirector (beg 6/2024)
Tiffancy PriceDirector (beg 6/2024)
Ralonda MckinleyDirector (end 6/2024)
Brooke BlakeySecretary
Paris Servin-gonzalesSecretary (end 6/2024)
Kate SpeedTreasurer
Trish DeandaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Homes By Beltran LLCConstruction7041 KENMARE DR, Bloomington, MN 55438$832,999
Zuri 3 Construction LLCConstruction413 WACOUTA ST STE 300, St Paul, MN 55101$483,723
Is Restaurant Design & Equipment CompanyDesign & Installation Services1421 B AVE, Souix Falls, SD 57104$300,515
All In One AccountingAccounting Services1715 YANKEE DOODLE ROAD STE 305, Eagan, MN 55121$175,042
Urbane Development Group LtdDiscover & Field Research Climate Projec135 MADISON AVE 8TH FLOOR, New York, NY 10016$150,967
Revenue and Support

Revenue Composition

Contributions and Grants
$14,386,815
Program Service Revenue
$239,879
Investment Income
$306,291
Other Revenue
$-125,736
All Other Contributions
$9,058,227
Change in Net Assets
$6,867,088

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential33$1,635,639Fair Market Value (FMV)
Other Non Cash Contri Table1$3,700Fair Market Value (FMV)
Total Noncash Contributions34$1,639,339-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,640,115
Other Expenses$2,405,063
Salaries, Compensation, and Employee Benefits$894,983
Total Fundraising Expense$144,941
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,640,115--$4,640,115
Other Salaries and Wages$471,802$55,506$44,654$571,962
Fees for Services Other$401,918$46,995$23,497$472,410
Other Expenses$259,250$5,991$2,996$268,237
Depreciation Depletion$213,669$25,137$12,569$251,375
Fees for Services Accounting$188,036$21,986$10,993$221,015
Current Officers, Directors, Trustees, and Key Employees$115,350$13,571$10,722$139,643
Occupancy$105,135$12,369$6,184$123,688
Other Employee Benefits$92,284$10,856$6,865$110,005
Office Expenses$88,033$10,357$5,178$103,568
All Other Expenses$75,803$8,167$4,083$88,053
Fees for Services Legal$72,645$8,494$4,247$85,386
Interest$53,083$6,245$3,122$62,450
Payroll Taxes$49,617$5,837$4,749$60,203
Advertising$37,052$4,359$2,180$43,591
Insurance$29,414$3,460$1,730$34,604
Fees for Service Investment Mgmnt Fees-$23,299-$23,299
Pension Plan Contributions$11,048$1,300$822$13,170
Fees for Services Management$5,993$701$350$7,044
Total Functional Expenses$7,530,590$264,630$144,941$7,940,161
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$156,323
Fundraising Gross Income$7,695
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$77,582$7,695$64,196$-56,501
Total Events$77,582$7,695$156,323$-148,628
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Liability$809,172
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 35% controlled entity
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Membership is open to residents of ramsey county who are over the age of 18 and who want to make ownership of quality, permanently affordable homes possible for our whole community. Rondo clt members create housing that will stay affordable for decades.”

Form 990, Part VI, Section A, Line 7A

“Rondo clt members shape the direction of the organization by electing the board of directors.”

Form 990, Part VI, Section A, Line 7B

“Rondo clt members shape the direction of the organization by voting at membership meetings.”

Form 990, Part VI, Section B, Line 11B

“The executive director and outsourced accounting team will review the 990 prior to filing.”

Form 990, Part VI, Section B, Line 12

“Each director, officer, employee, and volunteer shall sign a disclosure form identifying any potential conflicts of interest. The policy is reviewed annually by the board.”

Form 990, Part VI, Section B, Line 15A

“The board president conducts an annual review of the executive director, provides board members with a written questionnaire, follows up with a phone call and provides the report to the board. The board then discusses findings and shares with the executive director. Salary data available from the minnesota council of nonprofits and other sources is used to determine compensation.”

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).”

Filing and Contact Details

Filer

Filer Name
The Rondo Community Land Trust
EIN
41-1753148
Phone
6512219884
Address
1041 SELBY AVE, ST PAUL, MN 55104

Signing Officer

Name
Mikeya Griffin
Title
Executive Director
Phone
6512219884
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mikeya Griffin
Formed
1993
Legal Domicile
Mn
Voting Board Members
12
Independent Board Members
12
Employees
10
Volunteers
15

Preparer

Firm
Creative Planning Tax LLC
Address
100 E PARK AVE STE 300, WATERLOO, IA 50703
Preparer
Brian Aronson
Phone
3192346885
Raw XML AppendixShowing 400 of 662 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0291186
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0443826
IRS990/AccountsReceivableGrp/BOYAmt020580
IRS990/AccountsReceivableGrp/EOYAmt03149
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PERMANENTLY AFFORDABLE AND SUSTAINABLE HOMEOWNERSHIP, RENTALS, AND COMMERCIAL OPPORTUNITIES.
IRS990/AdvertisingGrp/FundraisingAmt02180
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04359
IRS990/AdvertisingGrp/ProgramServicesAmt037052
IRS990/AdvertisingGrp/TotalAmt043591
IRS990/AllOtherContributionsAmt09058227
IRS990/AllOtherExpensesGrp/FundraisingAmt04083
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08167
IRS990/AllOtherExpensesGrp/ProgramServicesAmt075803
IRS990/AllOtherExpensesGrp/TotalAmt088053
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MIKEYA GRIFFIN
IRS990/BooksInCareOfDetail/PhoneNum06512219884
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01041 SELBY AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ST PAUL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055104
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0523896
IRS990/CashNonInterestBearingGrp/EOYAmt0674926
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt07
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt010722
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt013571
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0115350
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0139643
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0832999
IRS990/ContractorCompensationGrp/CompensationAmt1483723
IRS990/ContractorCompensationGrp/CompensationAmt2300515
IRS990/ContractorCompensationGrp/CompensationAmt3175042
IRS990/ContractorCompensationGrp/CompensationAmt4150967
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07041 KENMARE DR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1413 WACOUTA ST STE 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21421 B AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt31715 YANKEE DOODLE ROAD STE 305
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4135 MADISON AVE 8TH FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BLOOMINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1ST PAUL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2SOUIX FALLS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3EAGAN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2SD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd055438
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd155101
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd257104
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd355121
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd410016
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HOMES BY BELTRAN LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1ZURI 3 CONSTRUCTION LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2IS RESTAURANT DESIGN & EQUIPMENT COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3ALL IN ONE ACCOUNTING
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4URBANE DEVELOPMENT GROUP LTD
IRS990/ContractorCompensationGrp/ServicesDesc0CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc1CONSTRUCTION
IRS990/ContractorCompensationGrp/ServicesDesc2DESIGN & INSTALLATION SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3ACCOUNTING SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4DISCOVER & FIELD RESEARCH CLIMATE PROJEC
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IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt014386815
IRS990/CYGrantsAndSimilarPaidAmt04640115
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IRS990/CYOtherExpensesAmt02405063
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt012569
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt025137
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0213669
IRS990/DepreciationDepletionGrp/TotalAmt0251375
IRS990/Desc0THE ORGANIZATION, A COMMUNITY LAND TRUST (CLT), ACHIEVES PERMANENT, LONG TERM HOUSING AFFORDABILITY THROUGH THE USE OF GROUND LEASES. CLT HOMEBUYERS PURCHASE ONLY THE HOUSE, AND ENTER INTO A 99 YEAR GROUND LEASE WITH THE ORGANIZATION FOR THE EXCLUSIVE USE OF THE LAND. THE ORGANIZATION'S GROUND LEASE STATES THAT WHEN A HOMEOWNER DECIDES TO SELL THEIR HOME, THE HOUSE IS SOLD TO ANOTHER LOW TO MODERATE INCOME HOUSEHOLD FOR THE ORIGINAL PURCHASE PRICE PLUS 25% OF ANY APPRECIATION IN THE HOME'S VALUE. BY LIMITING MARKET APPRECIATION, PERMANENT AFFORDABILITY IS ENSURED AND INITIAL SUBSIDIES INVESTED IN MAKING THE HOME AFFORDABLE ARE SPREAD ACROSS GENERATIONS OF LOW TO MODERATE INCOME HOMEBUYERS. MOST IMPORTANTLY, THIS AFFORDABLE HOUSING OPTION GIVES HOUSEHOLDS THAT COULD OTHERWISE ONLY AFFFORD TO RENT THE OPPORTUNITY TO TAKE ADVANTAGE OF ALL OF THE BENEFITS OF HOMEOWNERSHIP STABILITY, SECURITY, TAX BENEFITS, AND THE OPPORTUNITY TO EARN EQUITY AND APPRECIATION IN REAL ESTATE THAT IS NOT AVAILABLE THROUGH RENTING.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
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IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt07386388
IRS990/FamilyOrBusinessRlnInd00
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IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021986
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1412516
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt153137
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IRS990/Form990PartVIISectionAGrp/PersonNm5PARIS SERVIN-GONZALES
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY (END 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (BEG 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (BEG 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (END 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DEPUTY DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
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IRS990/GrantsToOrganizationsInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
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IRS990/MissionDesc0EMPOWERING WITH AFFORDABLE HOUSING. STRENGTHEN AND PRESERVE COMMUNITIES BY PROVIDING AND ADVOCATING FOR PERMANENTLY AFFORDABLE, SUSTAINABLE HOUSING FOR FAMILIES AND INDIVIDUALS WITH LOW TO MODERATE INCOMES. PROMOTE THE UTILIZATION OF THE LAND TRUST MODEL AS A METHOD OF PRESERVING AFFORDABLE HOUSING, ECONOMIC GROWTH AND NEIGHBORHOOD STABILIZATION. SUPPORT AND CELEBRATE CULTURAL DIVERSITY BY PROVIDING AFFORDABLE BUSINESS OPPORTUNITIES TO INCREASE COMMUNITY ECONOMIC WEALTH, PROPERTY VALUES AND JOBS.
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041990
IRS990/PrincipalOfficerNm0MIKEYA GRIFFIN
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IRS990/ProgramServiceRevenueGrp/BusinessCd0531190
IRS990/ProgramServiceRevenueGrp/BusinessCd1531190
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LEASE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0227384
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0227384

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