Overview
What is Anchorage Community Land Trust?
Anchorage Community Land Trust is a nonprofit organization situated in Anchorage, Alaska, specifically at 3701 Mountain View Drive STE 100. Its primary mission is to foster healthy and thriving communities within the city by proactively acquiring, developing, and planning land and projects. This strategic approach aims to stimulate sustainable neighborhood revitalization and economic growth in Anchorage. The organization's activities are geared towards promoting economic development and enhancing the quality of life by creating job opportunities and prospects. With a team of 18 dedicated individuals, Anchorage Community Land Trust is committed to making a positive impact on their community.
Official website here: www.anchoragelandtrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
The Anchorage Community Land Trust has received a rating of 77%, which reflects a commitment to accountability and financial transparency. The score is primarily derived from its strong performance in various governance aspects, including having a fully independent board and thorough financial oversight. These factors contribute positively to the trustworthiness of the organization.
Strengths of the Anchorage Community Land Trust include its independent board, which consists entirely of independent members, and a robust financial oversight committee. The organization has also demonstrated responsible asset management with no material diversions noted. However, while it excels in several areas, the absence of a whistleblower policy and document retention policies limits its overall score in some respects.
Financially, the organization has a good ratio of liabilities to assets at 6.93%, though its program expense ratio of 61.29% suggests there may be room for improvement in efficiently allocating funds toward program services. Overall, while the trust demonstrates high accountability, addressing policy gaps could enhance its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Anchorage Community Land Trust legitimate?
Anchorage Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anchorage 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $13,800
Other Salaries and Wages: $631,326
For more financial information, click here
Official website here: www.anchoragelandtrust.org
What is the mission statement of Anchorage Community Land Trust?
The Anchorage Community Land Trust aims to foster thriving communities by proactively obtaining, developing, and planning land and projects. This strategic approach is designed to stimulate sustainable neighborhood renovation and economic growth. The organization's primary goal is to contribute to the betterment of the community's quality of life by creating job opportunities and promoting economic prospects.
Official website here: www.anchoragelandtrust.org
Who is the CEO of Anchorage Community Land Trust?
Kirk Rose is the Ceo of Anchorage Community Land Trust. The CEO's salary of Anchorage Community Land Trust is $131,800 and their total compensation is $142,897.
Official website here: www.anchoragelandtrust.org
What is the revenue of Anchorage Community Land Trust?
Anchorage Community Land Trust's revenue in 2022 was $903,561.
Official website here: www.anchoragelandtrust.org
Who are the executives of Anchorage Community Land Trust and what are their salaries?
The average compensation at Anchorage Community Land Trust during 2022 was $35,074. There are 18 employees and 100 volunteers at Anchorage Community Land Trust.
Here are 11 key members and their salaries (Anchorage Community Land Trust's CEO's salary is $131,800 and their total compensation is $142,897):
- Compensation: $131,800
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- Other: $11,097
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Official website here: www.anchoragelandtrust.org
Where can I find the form 990 for Anchorage Community Land Trust?
Anchorage Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.anchoragelandtrust.org
Learn more at the official website: www.anchoragelandtrust.org
Mission Statement of Anchorage Community Land Trust
The Anchorage Community Land Trust is committed to fostering vibrant and thriving communities in Anchorage. To accomplish this, the organization focuses on acquiring, developing, and strategically planning land and projects that catalyze sustainable neighborhood revitalization and economic growth. This mission aims to enhance the quality of life in Anchorage by generating job opportunities and fostering a prosperous economic environment. The Anchorage Community Land Trust's activities are centered around economic development, which encompasses projects designed to promote growth and improve the overall well-being of the community.
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Impact
October, 2024
Anchorage Community Land Trust has a significant impact on the community by driving sustainable neighborhood revitalization and fostering economic development in Anchorage. By acquiring and developing land, the organization plays a crucial role in creating environments that promote job growth and enhance the overall quality of life for residents. Their dedicated efforts focus on planning projects that not only improve economic prospects but also contribute to a thriving community atmosphere. Through various initiatives, they empower individuals and neighborhoods, paving the way for healthier, more prosperous living spaces in Anchorage.
This information is meant to be a general summary of Anchorage Community Land Trust. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,796
- Program Service Revenue: $14,181
- Gross Receipts: $903,561
Assets and Liabilities:
- Total Assets: $10,169,650
- Total Liabilities: $704,822
- Net Assets: $9,464,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$14,181
Organization Details
Founding Year
2003
Principal Officer
Kirk Rose
Main Address
3701 Mountain View Dr STE 100, Anchorage, AK, 99508
Website
www.anchoragelandtrust.orgNTEE Category
Code: B90 - Education
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