nonprofit logo

Community Land Trust Of Palm Beach County And The Treasure Coast Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205090958 ✦ Lake worth, FL ✦ Designated as a 501(c)(3)

Overview

What is Community Land Trust Of Palm Beach County And The Treasure Coast Inc?

Community Land Trust of Palm Beach County and the Treasure Coast Inc is a dedicated nonprofit organization that prioritizes increasing the availability of affordable housing for individuals with moderate, low, and very-low incomes in Palm Beach County. They accomplish this mission by engaging in activities such as land acquisition and housing development. Most notably, they secured $2 million in state funding to construct Davis Commons, a 20-unit affordable housing complex catering to households earning 120% of the area median income. Moreover, the organization has expanded its reach to encompass the city of Port Saint Lucie, extending its services to a broader community.


Official website here: www.cltofpbc.org

Is Community Land Trust Of Palm Beach County And The Treasure Coast Inc legitimate?

Community Land Trust Of Palm Beach County And The Treasure Coast Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Land Trust Of Palm Beach County And The Treasure Coast Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $104,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,236

For more financial information, click here


Official website here: www.cltofpbc.org

What is the mission statement of Community Land Trust Of Palm Beach County And The Treasure Coast Inc?

The Community Land Trust of Palm Beach County and the Treasure Coast Inc is committed to increasing the long-term availability of affordable housing for residents with moderate, low, and very-low incomes. To fulfill this mission, the organization engages in various activities, including land acquisition and housing development. Notably, it secured $2 million in state funding to construct Davis Commons, a 20-unit affordable housing complex catering to households with incomes at 120% of the Area Median Income (AMI). Additionally, the organization has expanded its service area to include the city of Port Saint Lucie.


Official website here: www.cltofpbc.org

Who is the CEO of Community Land Trust Of Palm Beach County And The Treasure Coast Inc?

Cindee Lacourse-Blum is the President of Community Land Trust Of Palm Beach County And The Treasure Coast Inc.


Official website here: www.cltofpbc.org

What is the revenue of Community Land Trust Of Palm Beach County And The Treasure Coast Inc?

Community Land Trust Of Palm Beach County And The Treasure Coast Inc's revenue in 2022 was $941,353.


Official website here: www.cltofpbc.org

Who are the executives of Community Land Trust Of Palm Beach County And The Treasure Coast Inc and what are their salaries?

The average compensation at Community Land Trust Of Palm Beach County And The Treasure Coast Inc during 2022 was $63,727. There are 3 employees and 20 volunteers at Community Land Trust Of Palm Beach County And The Treasure Coast Inc.

Here are 11 key members and their salaries:

    Cindee Lacourse-Blum (Executive Director)
  • Compensation: $108,511
  • Related: $0
  • Other: $2,980

    • Timothy P Wheat (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hazel Lucas (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Zeeman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Silvia Ricketts (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley Erazo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tangenica Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Mcdonald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derrick Penn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy S Wertepny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cltofpbc.org

    Where can I find the form 990 for Community Land Trust Of Palm Beach County And The Treasure Coast Inc?

    The Community Land Trust Of Palm Beach County And The Treasure Coast Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cltofpbc.org

    Learn more at the official website: www.cltofpbc.org

    Mission Statement of Community Land Trust Of Palm Beach County And The Treasure Coast Inc

    The Community Land Trust of Palm Beach County and the Treasure Coast is a dedicated organization with a mission to augment the long-term availability of reasonably priced housing for individuals and families with limited income. To accomplish this objective, they engage in various activities, including land acquisition and housing development. One of their accomplishments is securing $2 million in state housing aid to finance the construction of Davis Commons, a 20-unit housing complex catering to families with an income of 120% of the Area Median Income (AMI). Beyond this, the organization has broadened its service area to encompass the city of Port Saint Lucie.

    Impact

    This information is meant to be a general summary of Community Land Trust Of Palm Beach County And The Treasure Coast Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of Community Land Trust Of Palm Beach County And The Treasure Coast Inc is centered around increasing the permanent supply of affordable housing for very-low, low, and moderate-income residents in Palm Beach County. The organization's activities include land acquisition and housing development, which have directly led to projects like Davis Commons, a 20-unit affordable housing development supported by $2 million in state housing assistance. Additionally, the organization's expansion into the city of Port Saint Lucie has widened its reach and impact on providing affordable housing solutions in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-770,559
  • Program Service Revenue: $325,726
  • Gross Receipts: $2,251,527

    • Assets and Liabilities:
  • Total Assets: $7,684,960
  • Total Liabilities: $8,151,014
  • Net Assets: -$466,054
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $240,718

    FEES AND CONTRACTS GOV AGENCY

    Revenue

    $85,008

    Organization Details

    Founding Year

    2006

    Principal Officer

    Cindee Lacourse-Blum

    Main Address

    4938 DAVIS ROAD, LAKE WORTH, FL, 33461

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Community Land Trust Of Palm Beach County And The Treasure Coast Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.