Overview
What is Crescent City Clt Inc?
Crescent City Clt Inc, based in New Orleans, Louisiana, is a dedicated nonprofit organization with a mission to foster opportunity and equity in the city. Their primary focus is on community land trust-based commercial and residential development. This approach aims to provide affordable housing for local families, enabling them to reside near areas of significant economic growth and opportunities. Additionally, Crescent City Clt Inc supports local entrepreneurs by helping them establish businesses, thereby contributing to the city's economic development. With a modest workforce of 2 individuals, this nonprofit organization strives to make a tangible impact on the New Orleans community.
Official website here: www.ccclt.org
Is Crescent City Clt Inc legitimate?
Crescent City Clt Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crescent City Clt 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: $50,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,084
For more financial information, click here
Official website here: www.ccclt.org
What is the mission statement of Crescent City Clt Inc?
Crescent City Community Land Trust, often referred to as Crescent City CLT Inc., aims to foster opportunity and equality in various communities by utilizing community land trust-based commercial and residential development. This initiative enables local families to secure employment opportunities, grow their own businesses, and reside in affordable housing, all situated near areas experiencing significant economic growth and development. By providing residential stewardship, including development, rental, limited-equity cooperative, and shared equity homeownership units, Crescent City CLT Inc. contributes to the overall well-being and prosperity of the communities it serves.
Official website here: www.ccclt.org
Who is the CEO of Crescent City Clt Inc?
Oji Alexander is the Board Member of Crescent City Clt Inc.
Official website here: www.ccclt.org
What is the revenue of Crescent City Clt Inc?
Crescent City Clt Inc's revenue in 2022 was -$259.
Official website here: www.ccclt.org
Who are the executives of Crescent City Clt Inc and what are their salaries?
The average compensation at Crescent City Clt Inc during 2022 was $42,619. There are 2 employees at Crescent City Clt Inc.
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Official website here: www.ccclt.org
Where can I find the form 990 for Crescent City Clt Inc?
Crescent City Clt Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccclt.org
Learn more at the official website: www.ccclt.org
Mission Statement of Crescent City Clt Inc
Crescent City CLT, an organization dedicated to increasing opportunity and equity in various communities, achieves this through community land trust-based commercial and residential development. Their mission is twofold: firstly, they aim to help local families gain access to job opportunities and grow their own businesses. Secondly, they strive to provide affordable housing options for these families near areas of significant economic development and opportunity. This is accomplished through various means, including the development, rental, and post-occupancy management of rental, limited-equity cooperative, and shared equity homeownership units. By doing so, Crescent City CLT aims to contribute positively to the socio-economic landscape of the communities it serves.
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Impact
October, 2024
Crescent City CLT Inc significantly enhances opportunity and equity in New Orleans through its innovative community land trust model. By focusing on both commercial and residential development, it empowers local families to access jobs, start businesses, and secure affordable housing in proximity to key economic developments.
The organization actively engages in residential stewardship, which includes the development, sale, rental, and management of various housing units, such as limited-equity cooperatives and shared-equity homeownership options. This approach helps stabilize communities, ensuring that local residents can thrive economically and socially.
Overall, Crescent City CLT Inc plays a vital role in fostering sustainable growth and well-being in New Orleans, addressing the critical need for affordable housing and economic opportunities for its residents.
This information is meant to be a general summary of Crescent City Clt 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: -$123,071
- Program Service Revenue: $2,375
- Gross Receipts: $122,814
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW-INCOME HOUSING RENTAL INCOME
Revenue
$2,375
Organization Details
Founding Year
2011
Phone
(504) 563-9454Principal Officer
Oji Alexander
Main Address
300 BROAD ST NO 208, NEW ORLEANS, LA, 70119
Website
www.ccclt.orgNTEE Category
Code: L20 - Housing
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