Overview
What is Oakland Community Land Trust?
Oakland Community Land Trust is a nonprofit organization situated in Oakland, California, with a mission to enhance housing and economic prospects for underserved communities, including Black, Indigenous, and other communities of color, as well as low-income residents. They achieve this by acquiring and preserving land, housing, and essential community-serving real estate, ensuring their affordability for generations to come. The trust fosters leadership and empowers its residents by involving them in decision-making processes, aiming to create a vision of resident-led development on community-owned land. Furthermore, it offers innovative shared-equity ownership structures and promotes neighborhood stability by supporting the development of commercial and retail facilities that cater to working families.
Official website here: www.oakclt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating) from Charity Navigator.
The Oakland Community Land Trust has achieved an impressive 92% overall score, reflecting its strong performance in both accountability and community engagement. With a high score of 93% in Accountability & Finance, the organization demonstrates effective management of its resources and transparency in its operations, ensuring donor trust and financial stability.
Additionally, the Land Trust excels in its Culture & Community initiatives, scoring a perfect 100%. This highlights their commitment to engaging with the community and fostering a positive organizational culture. Notably, they have received top marks for their feedback collection and usage, indicating that they actively seek and implement input from stakeholders to enhance their services.
While the organization shows exceptional strengths, it remains important for stakeholders to remain engaged and informed about ongoing community needs and challenges. Overall, the Oakland Community Land Trust stands out as a highly rated nonprofit dedicated to its mission and the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Oakland Community Land Trust legitimate?
Oakland Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakland 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: $102,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,480
For more financial information, click here
Official website here: www.oakclt.org
What is the mission statement of Oakland Community Land Trust?
The Oakland Community Land Trust works to combat community deterioration and enhance housing and economic prospects for low-income and moderate-income residents. Their goal is to foster neighborhood stability and community involvement by promoting permanently affordable homeownership and equity sharing options. Additionally, they support the development of commercial and retail facilities catering to working families. The organization aims to cultivate leadership among its community members through a responsible and informed board. In essence, the Oakland Community Land Trust serves as an advocate for low-income residents, striving to improve their living conditions and opportunities.
Official website here: www.oakclt.org
Who is the CEO of Oakland Community Land Trust?
Steve King is the Executive Director of Oakland Community Land Trust.
Official website here: www.oakclt.org
What is the revenue of Oakland Community Land Trust?
Oakland Community Land Trust's revenue in 2022 was $2,663,745.
Official website here: www.oakclt.org
Who are the executives of Oakland Community Land Trust and what are their salaries?
The average compensation at Oakland Community Land Trust during 2022 was $49,192. There are 7 employees at Oakland Community Land Trust.
Here are 8 key members and their salaries:
- Compensation: $94,153
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- Other: $0
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- Other: $0
Official website here: www.oakclt.org
Where can I find the form 990 for Oakland Community Land Trust?
Oakland Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oakclt.org
Learn more at the official website: www.oakclt.org
Mission Statement of Oakland Community Land Trust
The Oakland Community Land Trust, a nonprofit organization, is dedicated to combating community deterioration and expanding housing and economic opportunities for low and moderate-income residents. By promoting neighborhood stability and community involvement, the trust aims to achieve this goal through the provision of permanently affordable homeownership and equity sharing options. The organization also supports the development of commercial and retail facilities that cater to the needs of working families. Furthermore, the Oakland Community Land Trust strives to foster leadership among its members by ensuring a responsible and informed board of community members. Serving as a voice for low and moderate-income residents, the trust plays a crucial role in advocating for their needs and interests within the community.
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Impact
October, 2024
The Oakland Community Land Trust plays a pivotal role in enhancing housing stability and economic opportunities for low and moderate-income residents in Oakland. By acquiring and stewarding land and housing, it ensures these critical resources remain affordable indefinitely, providing permanent solutions to community deterioration.
With a focus on Black, Indigenous, and other communities of color, the Trust creates innovative shared-equity ownership models that help residents build wealth while preserving affordability for future generations. This approach fosters long-term neighborhood stability and empowers residents through active participation and leadership opportunities in community decision-making processes.
Additionally, the Trust supports the development of commercial and retail spaces tailored to the needs of working families, contributing to a more resilient local economy. By giving a voice to low and moderate-income residents, the Oakland Community Land Trust strengthens community ties and enhances the overall quality of life in Oakland.
This information is meant to be a general summary of Oakland 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: -$141,152
- Program Service Revenue: $586,869
- Gross Receipts: $2,663,745
Assets and Liabilities:
- Total Assets: $20,517,124
- Total Liabilities: $10,675,243
- Net Assets: $9,841,881
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other income
Revenue
$14,299
Rental income
Revenue
$572,570
Organization Details
Founding Year
2009
Phone
(510) 463-2887Principal Officer
Steve King
Main Address
101 Broadway 310, Oakland, CA, 94607
Website
www.oakclt.orgNTEE Category
Code: L25 - Housing
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