Overview
What is State College Community Land Trust Inc?
State College Community Land Trust Inc, based in State College, Pennsylvania, is a dedicated nonprofit organization with a mission to promote affordable housing for low to moderate-income families and individuals. They strive to combat community deterioration in residential neighborhoods by fostering the development, rehabilitation, and maintenance of quality housing. The organization also values the protection of the natural environment and the ecologically sound use of land and resources for the long-term health and well-being of the community. Their primary objective is to increase the ability of low-income families to secure affordable housing, thereby supporting vibrant neighborhoods in State College. With a team of five dedicated individuals, State College Community Land Trust Inc continues to promote the general social welfare of the community by broadening housing opportunities for those currently priced out of the market.
Official website here: www.scclandtrust.org
Is State College Community Land Trust Inc legitimate?
State College Community Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. State College Community Land Trust 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: $51,213
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,246
For more financial information, click here
Official website here: www.scclandtrust.org
What is the mission statement of State College Community Land Trust Inc?
The State College Community Land Trust (SCCLT) is committed to enhancing the ability of low-income families to secure affordable housing. By creating and maintaining sustainable housing opportunities, SCCLT aims to attract families and individuals to reside in vibrant neighborhoods. The organization works towards combating community deterioration in residential areas by promoting the development, rehabilitation, and maintenance of quality housing. Additionally, SCCLT protects the natural environment, promotes ecologically sound land and natural resource use, and prioritizes the long-term health and well-being of the community. Furthermore, the land trust promotes social welfare by broadening housing opportunities for those currently priced out of the market.
Official website here: www.scclandtrust.org
Who is the CEO of State College Community Land Trust Inc?
Colleen Ritter is the President of State College Community Land Trust Inc.
Official website here: www.scclandtrust.org
What is the revenue of State College Community Land Trust Inc?
State College Community Land Trust Inc's revenue in 2022 was $330,201.
Official website here: www.scclandtrust.org
Who are the executives of State College Community Land Trust Inc and what are their salaries?
The average compensation at State College Community Land Trust Inc during 2022 was $20,292. There are 5 employees at State College Community Land Trust Inc.
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- Compensation: $45,760
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- Other: $5,453
Official website here: www.scclandtrust.org
Where can I find the form 990 for State College Community Land Trust Inc?
State College Community Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scclandtrust.org
Learn more at the official website: www.scclandtrust.org
Mission Statement of State College Community Land Trust Inc
State College Community Land Trust, commonly referred to as SCCLT, is committed to boosting the chances of low-income families and individuals to secure affordable housing. The organization's mission is to support thriving neighborhoods by creating and preserving sustainable housing opportunities within the community. SCCLT attracts families and individuals to reside in the area, ensuring the availability of affordable housing for future generations of homeowners. They strive to combat community deterioration in residential neighborhoods by promoting the development, rehabilitation, and maintenance of quality housing. Additionally, they protect the natural environment, promote the sustainable use of land and natural resources, and prioritize the long-term health and well-being of the community. By broadening housing opportunities, SCCLT contributes to the general social welfare of the community, addressing the housing needs of those priced out of the market.
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Impact
October, 2024
State College Community Land Trust Inc significantly impacts the community by enhancing the ability of low- and moderate-income families to secure affordable housing. By attracting individuals and families to reside in the Borough of State College, it addresses the pressing need for sustainable housing solutions. The organization focuses on creating affordable housing that not only benefits current residents but also ensures that housing remains accessible for generations to come.
Additionally, it plays a vital role in combating community deterioration within residential neighborhoods. Through the development, rehabilitation, and maintenance of quality housing, the Land Trust fosters vibrant, thriving communities. It strengthens neighborhoods and promotes social welfare by broadening housing opportunities for those who are often priced out of the market.
The Land Trust is also committed to protecting the natural environment. By promoting ecologically sound use of land and natural resources, it ensures that the community's long-term health and sustainability are prioritized. In summary, the State College Community Land Trust Inc's impact is multifaceted, focusing on affordable housing, community revitalization, and ecological responsibility, thereby contributing to the overall well-being of the State College community.
This information is meant to be a general summary of State College Community Land Trust 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $380
- Program Service Revenue: $13,310
- Gross Receipts: $330,201
Assets and Liabilities:
- Total Assets: $1,759,793
- Total Liabilities: $294,840
- Net Assets: $1,464,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUND LEASE RENTALS
Revenue
$13,310
Organization Details
Founding Year
1996
Phone
(814) 867-0656Principal Officer
Colleen Ritter
Main Address
1315 S ALLEN STREET SUITE 306, STATE COLLEGE, PA, 16801
Website
www.scclandtrust.orgNTEE Category
Code: L200 - Housing
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