Civic Intelligence

The Maggie Walker Community Land Trust

EIN 47-5629011 • 501(c)3 • Richmond, VA

Profile

The mwclt seeks to develop and maintain permanently affordable homeownership opportunities for low and moderate income households.

2114 Dabney RoadRichmond, VA 23223

https//MAGGIEWALKERCLT.ORG

Siviq Scores

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

Liabilities / Assets

45th percentile

0.13x

Higher debt load relative to assets than 45% of similar nonprofits.

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

Liabilities / Revenue

60th percentile

0.34x

Higher debt load relative to revenue than 60% of similar nonprofits.

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

Net Margin

58th percentile

7.9%

Higher net margin than 58% of similar nonprofits.

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

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

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

Revenue Growth

35th percentile

0.7%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Up

$14,786,695

Up $1,684,363 (+13%) from 2023

Liabilities

Up

$1,962,957

Up $1,223,841 (+166%) from 2023

Net Assets

Up

$12,823,738

Up $460,522 (+3.7%) from 2023

Revenue

Up

$5,835,075

Up $38,972 (+0.7%) from 2023

Expenses

Up

$5,374,553

Up $2,653,684 (+98%) from 2023

Net Income

Down

$460,522

Down $2,614,712 (-85%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2016: $134,237Liabilities 2016: $4,673Net Assets 2016: $129,5642016Assets 2017: $195,869Liabilities 2017: $9,755Net Assets 2017: $186,1142017Assets 2018: $2,779,873Liabilities 2018: $495,580Net Assets 2018: $2,284,2932018Assets 2019: $4,305,479Liabilities 2019: $481,597Net Assets 2019: $3,823,8822019Assets 2020: $5,872,621Liabilities 2020: $1,397,720Net Assets 2020: $4,474,9012020Assets 2021: $9,584,537Liabilities 2021: $1,538,925Net Assets 2021: $8,045,6122021Assets 2022: $13,928,536Liabilities 2022: $1,038,620Net Assets 2022: $12,889,9162022Assets 2023: $13,102,332Liabilities 2023: $739,116Net Assets 2023: $12,363,2162023Assets 2024: $14,786,695Liabilities 2024: $1,962,957Net Assets 2024: $12,823,7382024

Highlighted filing

2024

Assets$14,786,695
Liabilities$1,962,957
Net Assets$12,823,738

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2016: $155,000Expenses 2016: $25,436Net Income 2016: $129,5642016Revenue 2017: $147,267Expenses 2017: $90,717Net Income 2017: $56,5502017Revenue 2018: $2,272,356Expenses 2018: $174,177Net Income 2018: $2,098,1792018Revenue 2019: $1,815,063Expenses 2019: $275,474Net Income 2019: $1,539,5892019Revenue 2020: $978,101Expenses 2020: $327,082Net Income 2020: $651,0192020Revenue 2021: $3,546,736Expenses 2021: $304,461Net Income 2021: $3,242,2752021Revenue 2022: $5,454,425Expenses 2022: $610,121Net Income 2022: $4,844,3042022Revenue 2023: $5,796,103Expenses 2023: $2,720,869Net Income 2023: $3,075,2342023Revenue 2024: $5,835,075Expenses 2024: $5,374,553Net Income 2024: $460,5222024

Highlighted filing

2024

Revenue$5,835,075
Expenses$5,374,553
Net Income$460,522

Filings

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
$5,835,075
Mission and Program Overview

Mission

The Maggie Walker Community Land Trust (MWCLT) seeks to develop and maintain permanently affordable homeownership opportunities for low and moderate income households.

The mwclt seeks to develop and maintain permanently affordable homeownership opportunities for low and moderate income households.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,503,314$5,725,362▲ $1,222,048
Land, Buildings, and Equipment, Net$5,348,107$5,572,534▲ $224,427
Pledges and Grants Receivable$262,500$750,000▲ $487,500
Other Notes and Loans Receivable, Net$129,962$173,154▲ $43,192
Accounts Receivable$5,371$3,755▼ $1,616
Total Assets$13,102,332$14,786,695▲ $1,684,363
Other Assets Total$2,853,078$2,561,890▼ $291,188
Liabilities
Unsecured Notes Loans Payable$485,000$1,246,000▲ $761,000
Accounts Payable and Accrued Expenses$232,210$716,957▲ $484,747
Other Liabilities$21,906$0▼ $21,906
Total Liabilities$739,116$1,962,957▲ $1,223,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,745,489$8,663,053▼ $82,436
Net Assets With Donor Restrictions$3,617,727$4,160,685▲ $542,958
Total Net Assets Fund Balance$12,363,216$12,823,738▲ $460,522
Total Liabilities and Net Assets / Fund Balance$13,102,332$14,786,695▲ $1,684,363

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,572,534--
Other Assets Org$2,561,890--
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Housing And Development AdvisorsProvide Fractional Staffing203 N ROBINSON STREET, Richmond, VA 23220$196,986
Revenue and Support

Revenue Composition

Contributions and Grants
$3,628,811
Program Service Revenue
$32,616
Investment Income
$2,172,210
Other Revenue
$1,438
All Other Contributions
$3,216,874
Change in Net Assets
$460,522

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
Other Non Cash Contri Table1$163,791Assessed Value
Total Noncash Contributions1$163,791-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,835,075
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$62,832
Total Revenue per Audited Statements
$5,897,907
Total Revenue per Form 990
$5,835,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,774,564
Salaries, Compensation, and Employee Benefits$599,989
Total Fundraising Expense$127,319
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$294,909$260,080$45,000$599,989
Fees for Services Other$38,100$24,588$5,083$67,771
Other Expenses$61,991-$72,000$61,991
All Other Expenses$40,191$5,307-$45,498
Occupancy$18,744$12,034$2,496$33,274
Conferences and Meetings-$20,466-$20,466
Office Expenses$9,663$4,752$2,740$17,155
Fees for Services Legal$11,871--$11,871
Travel$4,999--$4,999
Interest-$4,987-$4,987
Total Functional Expenses$4,915,020$332,214$127,319$5,374,553

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,437,385
Expenses per Audited Statements$5,374,553
Total Expenses per Form 990$5,374,553
Expenses Not Reported on Form 990$62,832
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
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, Section A, Line 8A

The mwclt holds bi-monthly board meetings of the governing body and committee meetings as needed. At the board meetings formal minutes are taken and adopted. At the committee meetings contemporaneous notes are taken (but not formal minutes).

Form 990, Part VI, Section A, Line 8B

The mwclt holds bi-monthly board meetings of the governing body and committee meetings as needed. At the board meetings formal minutes are taken and adopted. At the committee meetings contemporaneous notes are taken (but not formal minutes).

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

A draft of the 990 is sent to mwclt executive board for review and discussion. The final version of the 990 is sent to all board members for an opportunity to comment.

Form 990, Part VI, Section B, Line 12C

The mwclt board members sign a conflict of interest policy and agree to follow the policy. Conflict of interest policies are kept on file.

Form 990, Part VI, Section C, Line 18

The organization makes its form 1023, 990 and 990t avaialbe to the public upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policies and reviewed financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Maggie Walker Community Land Trust
EIN
47-5629011
Phone
8047180135
Address
2114 DABNEY ROAD, RICHMOND, VA 23223

Signing Officer

Name
Mae Worthey-thomas
Title
CEO
Phone
8047180135
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mae Worthey-thomas
Formed
2015
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
3

Preparer

Firm
Keiter Stephens Hurst Gary & Shreaves
Address
4401 DOMINION BLVD, GLEN ALLEN, VA 23060
Preparer
Jayme Mika
Phone
8047470000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a tax-exempt organization operating under section 501(c)(3) of the internal revenue code and the tax statutes of the commonwealth of virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. Management evaluated the organization's tax position and concluded that the organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. The organization is not currently under audit by any tax jurisdiction.

Raw XML AppendixShowing 400 of 485 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/BOYAmt0232210
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0716957
IRS990/AccountsReceivableGrp/BOYAmt05371
IRS990/AccountsReceivableGrp/EOYAmt03755
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MWCLT SEEKS TO DEVELOP AND MAINTAIN PERMANENTLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt03216874
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05307
IRS990/AllOtherExpensesGrp/ProgramServicesAmt040191
IRS990/AllOtherExpensesGrp/TotalAmt045498
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0DAN STEINER
IRS990/BooksInCareOfDetail/PhoneNum08044225017
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08975 THREE CHOPT RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0HENRICO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023229
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt04503314
IRS990/CashNonInterestBearingGrp/EOYAmt05725362
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt020466
IRS990/ConferencesMeetingsGrp/TotalAmt020466
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0196986
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0203 N ROBINSON STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0RICHMOND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd023220
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HOUSING AND DEVELOPMENT ADVISORS
IRS990/ContractorCompensationGrp/ServicesDesc0PROVIDE FRACTIONAL STAFFING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03628811
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02172210
IRS990/CYOtherExpensesAmt04774564
IRS990/CYOtherRevenueAmt01438
IRS990/CYProgramServiceRevenueAmt032616
IRS990/CYRevenuesLessExpensesAmt0460522
IRS990/CYSalariesCompEmpBnftPaidAmt0599989
IRS990/CYTotalExpensesAmt05374553
IRS990/CYTotalFundraisingExpenseAmt0127319
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05835075
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE MWCLT ACTS AS A DEVELOPER AND STEWARD OF PERMANENTLY AFFORDABLE HOUSING IN THE RICHMOND, VIRGINIA REGION BY: (1) ACQUIRING AND HOLDING LAND PARCELS (2) BUILDING HOMES ON THE PARCELS AND (3) SELLING HOMES TO QUALIFIED LOW-TO-MODERATE INCOME HOME BUYERS WHO ENTER INTO A 99 YEAR LAND LEASE AGREEMENT WITH THE MWCLT. MWCLT ALSO ACTS AS THE LAND BANK FOR THE REGION'S THREE PRIMARY JURISDICTIONS: CITY OF RICHMOND, HENRICO COUNTY AND CHESTERFIELD COUNTY. MWCLT ALSO OCCASIONALLY BUILDS AND SELLS MARKET-RATE HOMES IN MIXED-INCOME DEVELOPMENTS WHERE THE SALES PROCEEDS GO TOWARDS SUBSIDIZING THE DEVELOPMENT COSTS OF AFFORDABLE HOMES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03617727
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04160685
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04915020
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt011871
IRS990/FeesForServicesLegalGrp/TotalAmt011871
IRS990/FeesForServicesOtherGrp/FundraisingAmt05083
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt024588
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt038100
IRS990/FeesForServicesOtherGrp/TotalAmt067771
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0CAROLYN CHAMPION
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHELLE TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMIE SEAGRAVES
IRS990/Form990PartVIISectionAGrp/PersonNm3JEISSON APOLO ARMAS
IRS990/Form990PartVIISectionAGrp/PersonNm4LAURA LAFAYETTE
IRS990/Form990PartVIISectionAGrp/PersonNm5DURON CHAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm6ALLISON DOMSON
IRS990/Form990PartVIISectionAGrp/PersonNm7TIFFANY GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL MULVIHILL
IRS990/Form990PartVIISectionAGrp/PersonNm9NELSON REVELEY
IRS990/Form990PartVIISectionAGrp/PersonNm10ASHLEIGH SHANNON
IRS990/Form990PartVIISectionAGrp/PersonNm11WHITNEY BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm12ADRIENNE SNEAD
IRS990/Form990PartVIISectionAGrp/PersonNm13GABRIEL BOUDALI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt02032500
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0411937
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02032500
IRS990/GrossReceiptsAmt05835075
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt04987
IRS990/InterestGrp/TotalAmt04987
IRS990/InvestmentIncomeGrp/ExclusionAmt0139710
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0139710
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05348107
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05572534
IRS990/LandBldgEquipCostOrOtherBssAmt05572534
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
IRS990/MissionDesc0THE MWCLT SEEKS TO DEVELOP AND MAINTAIN PERMANENTLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt012363216
IRS990/NetAssetsOrFundBalancesEOYAmt012823738
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02032500
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02032500
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08745489
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08663053
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0163791
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02496
IRS990/OccupancyGrp/ManagementAndGeneralAmt012034
IRS990/OccupancyGrp/ProgramServicesAmt018744
IRS990/OccupancyGrp/TotalAmt033274
IRS990/OfficeExpensesGrp/FundraisingAmt02740
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04752
IRS990/OfficeExpensesGrp/ProgramServicesAmt09663
IRS990/OfficeExpensesGrp/TotalAmt017155
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02853078
IRS990/OtherAssetsTotalGrp/EOYAmt02561890
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BUILDING MATERIALS
IRS990/OtherExpensesGrp/Desc1HB GRANT EXPENSE
IRS990/OtherExpensesGrp/Desc2FUND DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3LAND BANK COST
IRS990/OtherExpensesGrp/FundraisingAmt072000
IRS990/OtherExpensesGrp/ProgramServicesAmt04350402
IRS990/OtherExpensesGrp/ProgramServicesAmt184150
IRS990/OtherExpensesGrp/ProgramServicesAmt261991
IRS990/OtherExpensesGrp/TotalAmt04350402
IRS990/OtherExpensesGrp/TotalAmt184150
IRS990/OtherExpensesGrp/TotalAmt272000
IRS990/OtherExpensesGrp/TotalAmt361991
IRS990/OtherLiabilitiesGrp/BOYAmt021906
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01438
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01438
IRS990/OtherRevenueTotalAmt01438
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt045000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0260080
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0294909
IRS990/OtherSalariesAndWagesGrp/TotalAmt0599989
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0129962
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0173154
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0262500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0750000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MAE WORTHEY-THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT AND SALES FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020209
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020209
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112407
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04384759
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01322297
IRS990/PYOtherExpensesAmt02164516
IRS990/PYOtherRevenueAmt03348
IRS990/PYProgramServiceRevenueAmt085699
IRS990/PYRevenuesLessExpensesAmt03075234
IRS990/PYSalariesCompEmpBnftPaidAmt0556353
IRS990/PYTotalExpensesAmt02720869
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05796103
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0460522
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03628811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04384759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05853900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03692945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0838569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018398984
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0139710
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt072197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt028556
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt026562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07315
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0274340
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01438
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03348
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04786
IRS990ScheduleA/PublicSupportCY170Pct00.98510
IRS990ScheduleA/PublicSupportPY170Pct00.99180
IRS990ScheduleA/PublicSupportTotal170Amt018398984
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03628811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04384759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05853900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03692945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0838569
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt018398984
IRS990ScheduleA/TotalSupportAmt018678110
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt062832
IRS990ScheduleD/DonatedServicesUseFcltsAmt062832
IRS990ScheduleD/ExpensesNotReportedAmt062832
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05374553
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05572534
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt05572534
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02561890
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0HOUSING DEVELOPMENT COST
IRS990ScheduleD/RevenueNotReportedAmt062832
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05835075
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION OPERATING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITION AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05572534
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02561890
IRS990ScheduleD/TotalExpensesPerForm990Amt05374553
IRS990ScheduleD/TotalRevenuePerForm990Amt05835075
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05897907
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05437385
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0LAND
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ASSESSED VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0163791
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MWCLT HOLDS BI-MONTHLY BOARD MEETINGS OF THE GOVERNING BODY AND COMMITTEE MEETINGS AS NEEDED. AT THE BOARD MEETINGS FORMAL MINUTES ARE TAKEN AND ADOPTED. AT THE COMMITTEE MEETINGS CONTEMPORANEOUS NOTES ARE TAKEN (BUT NOT FORMAL MINUTES).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MWCLT HOLDS BI-MONTHLY BOARD MEETINGS OF THE GOVERNING BODY AND COMMITTEE MEETINGS AS NEEDED. AT THE BOARD MEETINGS FORMAL MINUTES ARE TAKEN AND ADOPTED. AT THE COMMITTEE MEETINGS CONTEMPORANEOUS NOTES ARE TAKEN (BUT NOT FORMAL MINUTES).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 IS SENT TO MWCLT EXECUTIVE BOARD FOR REVIEW AND DISCUSSION. THE FINAL VERSION OF THE 990 IS SENT TO ALL BOARD MEMBERS FOR AN OPPORTUNITY TO COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MWCLT BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY AND AGREE TO FOLLOW THE POLICY. CONFLICT OF INTEREST POLICIES ARE KEPT ON FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FORM 1023, 990 AND 990T AVAIALBE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND REVIEWED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C

Document Assets

No mirrored PDF or thumbnail assets are attached yet.