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Community Land Trust Of Schenectady Inc

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

EIN: 141747222 ✦ Schenectady, NY ✦ Designated as a 501(c)(3)

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Overview

What is Community Land Trust Of Schenectady Inc?

Community Land Trust of Schenectady Inc. is a dedicated nonprofit organization, situated in Schenectady, New York, with the primary objective of enhancing community living. They achieve this by acquiring, constructing, and rehabilitating housing for qualified low-income families. This is accomplished through a combination of government grants, community support, and collaborative efforts with individuals, businesses, foundations, and government housing agencies. The organization's mission is to improve the quality of life for individuals and the community as a whole by building and refurbishing homes, thereby enabling low-income families to become committed and responsible homeowners. They have a small team of four employees committed to this mission.


Official website here: www.cltofschdy.org

Is Community Land Trust Of Schenectady Inc legitimate?

Community Land Trust Of Schenectady Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Land Trust Of Schenectady 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $38,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,803

For more financial information, click here


Official website here: www.cltofschdy.org

What is the mission statement of Community Land Trust Of Schenectady Inc?

The Community Land Trust of Schenectady Inc. is committed to enhancing the quality of life for individuals and the community at large. They achieve this by constructing and renovating homes, and facilitating the transformation of low-income families into dedicated, responsible homeowners. Their mission is to improve the community by acquiring, constructing, and rehabilitating housing for qualified, low-income families. This is achieved through various means, including government grants, community support, cooperative efforts with individuals, businesses, foundations, and government housing initiatives. In addition, they provide counseling services to qualified community residents to support their homeownership journey.


Official website here: www.cltofschdy.org

Who is the CEO of Community Land Trust Of Schenectady Inc?

Beverly Burnett is the President of Community Land Trust Of Schenectady Inc.


Official website here: www.cltofschdy.org

What is the revenue of Community Land Trust Of Schenectady Inc?

Community Land Trust Of Schenectady Inc's revenue in 2020 was $614,646.


Official website here: www.cltofschdy.org

Who are the executives of Community Land Trust Of Schenectady Inc and what are their salaries?

The average compensation at Community Land Trust Of Schenectady Inc during 2020 was $22,952. There are 4 employees and 15 volunteers at Community Land Trust Of Schenectady Inc.


Here are 7 key members and their salaries:


Jaclyn Falocito (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Gundrum (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Giroux (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan Eden (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry O'Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taryn Devila-Webster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Burnett (Executive Director)
  • Compensation: $63,241
  • Related: $0
  • Other: $9,959


Official website here: www.cltofschdy.org

Where can I find the form 990 for Community Land Trust Of Schenectady Inc?

Community Land Trust Of Schenectady Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.cltofschdy.org

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

Mission Statement of Community Land Trust Of Schenectady Inc

Community Land Trust of Schenectady, as a dedicated land trust, is committed to enhancing the quality of life for individuals and the community at large. Their mission is twofold: firstly, they strive to construct and rehabilitate homes, and secondly, they aim to empower low-income families to become responsible homeowners. This organization believes in the transformative power of homeownership and its potential to foster commitment and responsibility within communities.

To achieve this mission, Community Land Trust of Schenectady employs various programs. They acquire, construct, and rehabilitate housing for qualified low-income families. This is made possible through a combination of government grants, community support, and collaborative efforts from individuals, businesses, foundations, and government housing support. Furthermore, they offer counseling services to qualified community residents, providing them with the necessary guidance and resources to navigate the homeownership process.

In essence, Community Land Trust of Schenectady seeks to improve the living standards of its community members by making homeownership an achievable goal for low-income families. By doing so, they aim to foster a sense of commitment and responsibility within these families, ultimately contributing to the overall well-being and vitality of the community.

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Impact




October, 2024

Community Land Trust Of Schenectady Inc significantly enhances the quality of life for individuals and the community by focusing on housing solutions. Through the acquisition, construction, and rehabilitation of homes, it empowers low-income families to achieve homeownership, fostering stability and commitment. The organization collaborates with government grants, community support, and various stakeholders to create pathways for those in need of housing, ensuring that families not only find homes but also become responsible homeowners. This initiative not only addresses immediate housing needs but also contributes to the overall revitalization of the Schenectady area, promoting community engagement and support. The impact is evident in the improved living conditions and strengthened community bonds, ultimately leading to a more vibrant and sustainable environment for all residents.




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


Financials

This financial information is from Propublica.

Revenue
$614,646 (2020)
Expenses
$630,997 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $10,064
  • Program Service Revenue: $57,988
  • Gross Receipts: $674,682

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

SERVICE FEES

Revenue

$57,988

Organization Details

Founding Year

1991

Principal Officer

Beverly Burnett

Main Address

1677 VAN VRANKEN AVENUE, SCHENECTADY, NY, 12308

NTEE Category

Code: L80Z - Housing

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