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Durham Community Land Trustees Inc

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

EIN: 561203878 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is Durham Community Land Trustees Inc?

Durham Community Land Trustees Inc, located in Durham, North Carolina, is a dedicated nonprofit organization with a mission to construct and maintain affordable housing for families with moderate to low income. With a team of 13 dedicated individuals, they strive to foster strong communities by developing, managing, and advocating for permanent affordable housing. This initiative provides a stable foundation for Durham residents, enabling them to work towards economic security. Their activities encompass not only the construction and management of affordable housing but also advocacy efforts to ensure these resources remain accessible to those in need.


Official website here: www.dclt.org

Is Durham Community Land Trustees Inc legitimate?

Durham Community Land Trustees Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Durham Community Land Trustees 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: $84,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $588,280

For more financial information, click here


Official website here: www.dclt.org

What is the mission statement of Durham Community Land Trustees Inc?

Durham Community Land Trustees Inc is dedicated to strengthening communities by actively developing, managing, and advocating for permanent affordable housing. This initiative aims to provide a stable foundation for individuals and families with low to moderate incomes, thereby helping them achieve economic security. By undertaking these activities, the organization seeks to contribute to the overall well-being of its residents, fostering a sense of community and stability.


Official website here: www.dclt.org

Who is the CEO of Durham Community Land Trustees Inc?

Sherry Taylor is the Executive Di of Durham Community Land Trustees Inc.


Official website here: www.dclt.org

What is the revenue of Durham Community Land Trustees Inc?

Durham Community Land Trustees Inc's revenue in 2023 was $3,112,357.


Official website here: www.dclt.org

Who are the executives of Durham Community Land Trustees Inc and what are their salaries?

The average compensation at Durham Community Land Trustees Inc during 2023 was $51,743. There are 13 employees and 157 volunteers at Durham Community Land Trustees Inc.

Here are 14 key members and their salaries:

    Sherry Taylor (Executive Di)
  • Compensation: $84,374
  • Related: $0
  • Other: $0

    • Doug Buddy Amis (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rochelle Araujo (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Carroll (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucia Constantine (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Ebel (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Edwards (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antoine Freeman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Friederich (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl Tony Ginyard (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar Hall (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latondra Jeter (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Myers (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Turner (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dclt.org

    Where can I find the form 990 for Durham Community Land Trustees Inc?

    The Durham Community Land Trustees Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.dclt.org

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

    Mission Statement of Durham Community Land Trustees Inc

    Durham Community Land Trustees Inc, a nonprofit organization, is dedicated to strengthening communities by developing, managing, and advocating for permanent affordable housing. This mission aims to provide a stable foundation for Durham residents with low to moderate incomes, helping them achieve economic security. By doing so, Durham Community Land Trustees Inc contributes to the overall well-being of the community, ensuring that affordable housing remains accessible for those in need. Through their initiatives, they not only offer housing but also contribute to the economic stability of the community, providing a solid foundation for its residents to build upon.

    Impact

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




    Saturday, July 20, 2024

    Durham Community Land Trustees Inc has a significant impact on the Durham community by providing affordable housing for low to moderate-income families. Their work contributes to building strong communities by offering residents a stable foundation for achieving economic security. Through developing, managing, and advocating for permanent affordable housing, Durham Community Land Trustees Inc plays a vital role in addressing the housing needs of residents in Durham, NC.





    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 2023.

  • Investment Income: $11,712
  • Program Service Revenue: $1,416,068
  • Gross Receipts: $3,255,400

    • Assets and Liabilities:
  • Total Assets: $16,276,390
  • Total Liabilities: $9,423,389
  • Net Assets: $6,853,001
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,388,730

    MANAGEMENT & DEVELOPMENT FEES

    Revenue

    $14,118

    GROUND LEASE FEES

    Revenue

    $13,040

    TENANT FEES

    Revenue

    $180

    Organization Details

    Founding Year

    1987

    Principal Officer

    Sherry Taylor

    Main Address

    1208 WEST CHAPEL HILL STREET, DURHAM, NC, 27701

    NTEE Category

    Code: L200 - Housing

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