Overview
What is Pima County Community Land Trust?
Pima County Community Land Trust (PCCLT) is a nonprofit organization based in Tucson, Arizona, with a mission to ensure the long-term affordability of housing in the community. They achieve this by leasing land to low-to-moderate income households for a period of 99 years, eliminating the land cost from the purchase price. This innovative approach to homeownership allows individuals who may not otherwise afford it to become homeowners. Beyond leasing properties, PCCLT offers various support services, including one-on-one counseling, referrals to additional resources, and empowerment workshops, which include financial literacy components and long-term social and economic support contacts. The organization's stewardship program aims to maintain the affordability of these homes and create a sustainable inventory of affordable housing in the community. With a team of five dedicated employees, PCCLT is committed to enhancing housing accessibility and stability in Pima County.
Official website here: www.pcclt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating) from Charity Navigator.
Pima County Community Land Trust has received a high rating of 95%, indicating a strong performance in both accountability and financial management. With an impressive Accountability & Finance score of 96, the organization demonstrates effective oversight of its resources and a commitment to transparency. Its low liabilities to assets ratio of 1.12% and a program expense ratio of 77.15% suggest that the majority of its funding is directed toward its mission-driven programs.
Additionally, the organization excels in constituent feedback, achieving a perfect score of 100 out of 100 points across various feedback metrics. This indicates that it actively collects and uses feedback to improve its services, showcasing a strong connection with the community it serves. The high scores in practices also reflect its dedication to maintaining high operational standards.
While the organization demonstrates solid performance, there are areas for improvement in equity strategies, policies, and data, each scoring 81 out of 100 points. This suggests an opportunity to enhance its practices related to equity and inclusion within its operations. Overall, the Pima County Community Land Trust appears to be a well-managed nonprofit with strong community engagement and a focus on continuous improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Pima County Community Land Trust legitimate?
Pima County Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pima County 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: $78,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,752
For more financial information, click here
Official website here: www.pcclt.org
What is the mission statement of Pima County Community Land Trust?
The Pima County Community Land Trust's mission is centered around creating a perpetual inventory of affordable homes in the community. In addition, the land trust provides homeownership opportunities for low-income individuals by removing the land cost from the purchase price and leasing the lot to the homeowner. The land trust serves as a permanent steward of land for community benefit, ensuring the perpetual preservation of housing affordability on the leased land. The organization makes it possible for low-to-moderate income households to own homes through a long-term (99-year), inheritable ground lease. The Pima County Land Trust's stewardship program extends beyond the lease, offering outreach, one-on-one counseling, referrals to supportive services, and empowerment workshops that include financial literacy and long-term social and economic support.
Official website here: www.pcclt.org
Who is the CEO of Pima County Community Land Trust?
Christina Herrera is the Executive Dir. of Pima County Community Land Trust.
Official website here: www.pcclt.org
What is the revenue of Pima County Community Land Trust?
Pima County Community Land Trust's revenue in 2022 was $2,378,509.
Official website here: www.pcclt.org
Who are the executives of Pima County Community Land Trust and what are their salaries?
The average compensation at Pima County Community Land Trust during 2022 was $60,126. There are 5 employees at Pima County Community Land Trust.
Here are 13 key members and their salaries:
- Compensation: $78,880
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- Other: $8,067
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Official website here: www.pcclt.org
Where can I find the form 990 for Pima County Community Land Trust?
Pima County Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pcclt.org
Learn more at the official website: www.pcclt.org
Mission Statement of Pima County Community Land Trust
Pima County Community Land Trust (PCCLT) is dedicated to creating a lasting inventory of affordable homes within its community. To achieve this mission, the land trust removes the cost of land from the purchase price, offering low-income individuals the opportunity to own homes by leasing the land from PCCLT through a long-term, inheritable ground lease. This innovative approach allows for the perpetual preservation of housing affordability on the leased land. In addition to providing affordable housing opportunities, PCCLT also offers stewardship programs to support the homeowners. These programs include one-on-one counseling, referrals to supportive services, and empowerment workshops that incorporate financial literacy and long-term social and economic support. By leveraging these resources, PCCLT aims to help low-to-moderate income households successfully navigate homeownership and thrive in their communities.
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Impact
October, 2024
Pima County Community Land Trust significantly enhances housing affordability in Tucson, Arizona by creating a permanent inventory of affordable homes. By removing the land cost from the purchase price and leasing the land to homeowners through a long-term (99-year) inheritable ground lease, it enables low-to-moderate income families to achieve homeownership. This innovative approach allows for sustainable housing options while preserving affordability over time.
The trust also provides vital support through its stewardship program, offering outreach, one-on-one counseling, financial literacy workshops, and referrals to supportive services. This holistic support not only facilitates homeownership but also empowers individuals and families with the skills and resources needed for long-term economic stability. As a result, Pima County Community Land Trust plays a crucial role in fostering community resilience and enhancing the quality of life for low-income residents in the region.
This information is meant to be a general summary of Pima County 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: $78
- Program Service Revenue: $206,667
- Gross Receipts: $3,391,369
Assets and Liabilities:
- Total Assets: $5,411,251
- Total Liabilities: $51,617
- Net Assets: $5,359,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAND LEASE INCOME
Revenue
$48,015
LOW INCOME HOUSING INCOME
Revenue
$132,856
OTHER INCOME
Revenue
$25,796
Organization Details
Founding Year
2010
Phone
(520) 603-0587Principal Officer
Christina Herrera
Main Address
17 N Linda Ave, Tucson, AZ, 85745
Website
www.pcclt.orgNTEE Category
Code: L21 - Housing
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