Northern California Land Trust

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

EIN: 237380534 ✦ Berkeley, CA ✦ Designated as a 501(c)(3)

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Overview

What is Northern California Land Trust?

Northern California Land Trust, based in Berkeley, California, is a nonprofit organization committed to providing affordable housing solutions for diverse, low-income households. With a team of 31 dedicated employees, they have successfully established and managed over 110 housing units in Berkeley, Oakland, East Palo Alto, and San Francisco. Their approach combines limited equity condos, affordable rentals, and cooperatives, all within the Community Land Trust model. The organization's mission is to ensure that housing remains affordable for individuals with low to moderate incomes, contributing to a more equitable community in Northern California.


Official website here: www.nclt.org

Is Northern California Land Trust legitimate?

Northern California Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern California 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: $165,657
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nclt.org

What is the mission statement of Northern California Land Trust?

The Northern California Land Trust is committed to creating and preserving affordable housing options for individuals with moderate to low income levels. Through various strategies, including limited equity condos, affordable rentals, and cooperatives, the organization has provided housing solutions for over 110 units in several cities. Their mission is to ensure diverse low-income households have access to permanent housing options, thus contributing to a more equitable living environment.


Official website here: www.nclt.org

What is the revenue of Northern California Land Trust?

Northern California Land Trust's revenue in 2024 was $3,732,583.


Official website here: www.nclt.org

Who are the executives of Northern California Land Trust and what are their salaries?

The average compensation at Northern California Land Trust during 2024 was $6,902. There are 24 employees and 15 volunteers at Northern California Land Trust.

Here are 12 key members and their salaries:


Suzanne Kim (Employee)
  • Compensation: $170,137
  • Related: $0
  • Other: $0
Aboubacar Ndiaye (Executive Dir.)
  • Compensation: $165,657
  • Related: $0
  • Other: $0
Margaret Shiffler (Employee)
  • Compensation: $133,584
  • Related: $0
  • Other: $0
Vivian Schwab (Employee)
  • Compensation: $110,661
  • Related: $0
  • Other: $0
Byron Spicer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Gordon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ranil Abeysekara (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Obermayer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Abrams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Foreman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maisha Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Wampler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nclt.org

Where can I find the form 990 for Northern California Land Trust?

Northern California Land Trust's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nclt.org

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

Mission Statement of Northern California Land Trust

Northern California Land Trust, or NCLT, is committed to a significant mission. This mission focuses on creating and preserving affordable housing options for individuals and families with low to moderate incomes. NCLT accomplishes this by providing, developing, managing, and directly operating over 110 units of affordable housing in various locations, including Berkeley, Oakland, East Palo Alto, and San Francisco. They employ various housing models, such as limited equity condos, affordable rentals, and cooperatives, to cater to diverse low-income households. By engaging in this work, NCLT strives to contribute to a more equitable and inclusive housing landscape.

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Impact




October, 2024

Northern California Land Trust (NCLT) has made significant strides in addressing the housing needs of low to moderate-income individuals and families in Northern California. By focusing on the creation and preservation of permanently affordable housing, NCLT has successfully developed, stewarded, and operated over 110 units across key cities such as Berkeley, Oakland, East Palo Alto, and San Francisco.

Utilizing the Community Land Trust model, NCLT offers a diverse range of housing options including limited equity condominiums, affordable rentals, and cooperatives. This approach not only provides immediate housing solutions but also fosters long-term stability for low and very low-income households. Through its efforts, NCLT is effectively working to mitigate the challenges of housing affordability, creating safer and more sustainable communities for a diverse population in an ever-evolving urban landscape.




This information is meant to be a general summary of Northern California 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.

Revenue
$3,732,583 (2024)
Expenses
$2,641,542 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $21,332
  • Program Service Revenue: $1,234,917
  • Gross Receipts: $3,735,342

Assets and Liabilities:

  • Total Assets: $15,622,155
  • Total Liabilities: $13,722,486
  • Net Assets: $1,899,669

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Programs

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

CONSULTANT INCOME

Revenue

$2,750

RENTAL

Revenue

$1,232,167

Organization Details

Founding Year

1973

Principal Officer

Byron Spicer

NTEE Category

Code: L20 - Housing

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