Overview
What is Moab Area Community Land Trust?
The Moab Area Community Land Trust is a nonprofit organization situated in Moab, Utah (84532). Their primary mission is to provide opportunities for permanent, affordable housing by preserving land held in trust within Moab city, Grand County, and Northern San Juan County. In 2022, they supervised the installation of infrastructure for a 40-acre affordable housing project named Arroyo Crossing in Grand County, Utah. Upon completion, Arroyo Crossing will offer 300 units of workforce housing, including single-family homes, townhomes, and apartments. The Moab Area Community Land Trust is dedicated to enhancing the community by ensuring affordable housing options for its residents.
Official website here: www.moabclt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
The Moab Area Community Land Trust has earned an 81% score from Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects a solid commitment to transparency and effective governance, which is crucial for building trust with donors and stakeholders. Notably, the organization has a fully independent board and adheres to best practices in conflict of interest policies and document retention.
Strengths include a high program expense ratio of 88.66%, suggesting that the majority of funds are directed towards its mission rather than administrative costs. Additionally, the organization has demonstrated responsible financial management, with a low liabilities to assets ratio of 5.29%, indicating stability and sustainability. The presence of comprehensive policies further reinforces its commitment to ethical operations.
While the overall rating is positive, it is important for potential donors to consider the single beacon score approach used by Charity Navigator, which might not capture all facets of organizational effectiveness. As such, interested parties are encouraged to look beyond the score and explore the Land Trust's impact and community initiatives to gain a fuller picture of its contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Moab Area Community Land Trust legitimate?
Moab Area Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moab Area 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,500
For more financial information, click here
Official website here: www.moabclt.org
What is the mission statement of Moab Area Community Land Trust?
The Moab Area Community Land Trust's mission is to establish the possibility for long-term, reasonably priced housing by safeguarding land under trust. This mission extends to the cities of Moab, Grand County, and Northern San Juan County. In 2022, the land trust managed the installation of essential infrastructure for a 40-acre affordable housing project in Grand County, Utah, named Arroyo Crossing. Upon completion, Arroyo Crossing will offer 300 units of workforce housing, including single-family homes, townhouses, and apartments.
Official website here: www.moabclt.org
Who is the CEO of Moab Area Community Land Trust?
Kara Stoner is the Chair of Moab Area Community Land Trust.
Official website here: www.moabclt.org
What is the revenue of Moab Area Community Land Trust?
Moab Area Community Land Trust's revenue in 2022 was $683,558.
Official website here: www.moabclt.org
Who are the executives of Moab Area Community Land Trust and what are their salaries?
The average compensation at Moab Area Community Land Trust during 2022 was $62,500. There is 1 employee and 8 volunteers at Moab Area Community Land Trust.
Here are 5 key members and their salaries:
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Official website here: www.moabclt.org
Where can I find the form 990 for Moab Area Community Land Trust?
Moab Area Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.moabclt.org
Learn more at the official website: www.moabclt.org
Mission Statement of Moab Area Community Land Trust
The Moab Area Community Land Trust, a nonprofit organization, is committed to creating the possibility of permanent, affordable housing. They achieve this by preserving land held in trust. By doing so, the land trust aims to provide a lasting solution for affordable housing in various areas, including Moab city, Grand County, and Northern San Juan County. In 2022, the organization supervised the installation of infrastructure for a substantial 40-acre affordable housing project named Arroyo Crossing in Grand County, Utah. Upon completion, this project will offer 300 units of workforce housing, including single-family homes, townhomes, and apartments, thereby expanding the availability of affordable housing options.
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Impact
July, 2024
Moab Area Community Land Trust's impact includes creating the opportunity for permanent, affordable housing in Moab city, Grand County, and Northern San Juan County. Through projects like Arroyo Crossing, the land trust is providing 300 units of workforce housing, including single-family homes, townhomes, and apartments. By preserving land and supervising the installation of infrastructure for such projects, the trust is addressing the critical need for affordable housing in the region, ultimately improving the livelihoods of individuals and families in the community.
This information is meant to be a general summary of Moab Area 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: $14,491
- Program Service Revenue: $13,490
- Gross Receipts: $683,558
Assets and Liabilities:
- Total Assets: $3,859,080
- Total Liabilities: $204,415
- Net Assets: $3,654,665
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lot Lease Income
Revenue
$13,490
Organization Details
Founding Year
2012
Phone
(435) 210-0248Principal Officer
Kara Stoner
Main Address
125 W 200 S Unit 125, Moab, UT, 84532
Website
www.moabclt.orgNTEE Category
Code: L20 - Housing
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