Overview
What is Grand Forks Community Land Trust?
Grand Forks Community Land Trust is a nonprofit organization situated in Grand Forks, North Dakota. Their primary mission is to ensure the availability of permanently affordable housing opportunities within the community. To achieve this goal, they acquire and refurbish land or real estate, later selling these properties at affordable prices to prospective homeowners. This initiative is designed to cater to the housing needs of the Grand Forks community, thus contributing to its overall development. The organization operates with a commitment to making housing more accessible and affordable for its residents.
Official website here: www.gfclt.org
Is Grand Forks Community Land Trust legitimate?
Grand Forks Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Forks 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: $29,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,746
For more financial information, click here
Official website here: www.gfclt.org
What is the mission statement of Grand Forks Community Land Trust?
The Grand Forks Community Land Trust's mission is centered around providing permanently affordable housing opportunities. This organization achieves this by acquiring land and real estate, which they then develop or rehabilitate before selling at affordable prices to prospective homeowners. By doing so, the Grand Forks Community Land Trust aims to contribute to a more financially accessible housing market, thereby benefiting the community as a whole. The organization's activities are geared towards promoting affordable homeownership, thereby enhancing the living conditions of its residents.
Official website here: www.gfclt.org
Who is the CEO of Grand Forks Community Land Trust?
Emily Contreras is the Secretary/Treasurer of Grand Forks Community Land Trust.
Official website here: www.gfclt.org
What is the revenue of Grand Forks Community Land Trust?
Grand Forks Community Land Trust's revenue in 2022 was $112,091.
Official website here: www.gfclt.org
Who are the executives of Grand Forks Community Land Trust and what are their salaries?
There 9 volunteers at Grand Forks Community Land Trust.
Here are 9 key members and their salaries:
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- Compensation: $29,463
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- Other: $0
Official website here: www.gfclt.org
Where can I find the form 990 for Grand Forks Community Land Trust?
Grand Forks Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gfclt.org
Learn more at the official website: www.gfclt.org
Mission Statement of Grand Forks Community Land Trust
Grand Forks Community Land Trust, as an organization, is committed to providing permanently affordable housing opportunities within its community. In pursuit of this mission, the Land Trust acquires land and real estate, developing or rehabilitating them to later sell at affordable prices to future homeowners. This strategic approach ensures that the Grand Forks community has access to housing that remains reasonably priced, benefiting a wide range of individuals and families. By providing affordable housing, the Grand Forks Community Land Trust contributes to the stability and well-being of its community, making homeownership a more attainable goal for many.
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Impact
October, 2024
Grand Forks Community Land Trust significantly enhances the availability of affordable housing in Grand Forks, ND. By acquiring land and other real estate, the organization develops and rehabilitates properties that can be sold at affordable prices to future homeowners. This not only enables individuals and families to attain homeownership but also fosters community stability and growth. The emphasis on permanently affordable housing ensures that these opportunities are sustained over time, directly benefiting the local economy and enhancing the quality of life for residents. Through its efforts, the organization plays a vital role in addressing housing needs and promoting equitable access to homeownership within the community.
This information is meant to be a general summary of Grand Forks 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: $95
- Program Service Revenue: $60,884
- Gross Receipts: $129,736
Assets and Liabilities:
- Total Assets: $1,366,017
- Total Liabilities: $1,054,178
- Net Assets: $311,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUES
Revenue
$60,884
Organization Details
Founding Year
2009
Phone
(701) 795-6307Principal Officer
Emily Contreras
Main Address
33 SOUTH 3RD STREET SUITE D, GRAND FORKS, ND, 58201
Website
www.gfclt.orgNTEE Category
Code: L25 - Housing
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