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New Columbia Community Land Trust

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

EIN: 521720429 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is New Columbia Community Land Trust?

The New Columbia Community Land Trust is a dedicated nonprofit organization that primarily focuses on the development of real estate to address the need for affordable housing within the community. By leasing properties to low- and moderate-income residents, this organization ensures that housing remains accessible to those who require it most. Beyond property development, the New Columbia Community Land Trust also engages in community education and various activities to further its mission of providing affordable housing. This holistic approach aims to create a sustainable and inclusive community, fostering a better quality of life for its residents.


Is New Columbia Community Land Trust legitimate?

New Columbia Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Columbia Community Land Trust 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: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000

For more financial information, click here


What is the mission statement of New Columbia Community Land Trust?
Who is the CEO of New Columbia Community Land Trust?
What is the revenue of New Columbia Community Land Trust?
Who are the executives of New Columbia Community Land Trust and what are their salaries?
Where can I find the form 990 for New Columbia Community Land Trust?

Mission Statement of New Columbia Community Land Trust

The New Columbia Community Land Trust, a dedicated organization, focuses on land development with a primary goal of providing affordable housing. By developing real estate, this nonprofit leases properties to low and moderate-income community members, making housing more accessible to those who might otherwise struggle. In addition to property development, the Land Trust also offers community education and various activities, all in line with their mission to ensure affordable housing for all. The organization's efforts extend beyond mere property management, as they strive to empower their residents and contribute to the overall well-being of their community.

Impact

This information is meant to be a general summary of New Columbia Community Land Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

New Columbia Community Land Trust's impact can be seen in the development of real property to provide affordable housing. By leasing properties to low and moderate-income community residents, the organization is addressing the issue of housing affordability in Washington, DC. Additionally, through community education and related activities, New Columbia Community Land Trust is contributing to the overall well-being of the community and promoting sustainable, inclusive development.





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: $0
  • Program Service Revenue: $567,068
  • Gross Receipts: $571,918

    • Assets and Liabilities:
  • Total Assets: $2,106,735
  • Total Liabilities: $1,346,910
  • Net Assets: $759,825
  • Programs

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

    PROGRAM FEES

    Revenue

    $532,218

    GROUND LEASE FEES

    Revenue

    $24,350

    ASSET MANAGEMENT FEES

    Revenue

    $10,500

    Organization Details

    Founding Year

    1991

    Principal Officer

    Christina Northern

    Main Address

    1419 V STREET NW, WASHINGTON, DC, 20009

    NTEE Category

    Code: C340 - Environment

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