Overview
What is Waterville Community Land Trust Inc?
Waterville Community Land Trust Inc is a nonprofit organization committed to offering affordable housing solutions to families with low incomes, earning 80% of the Area Median Income (AMI) or less. Beyond providing homes, the organization has also contributed to the community by expanding open spaces for the less privileged neighborhood. This was achieved by constructing seating areas and a gazebo, while ensuring the property's upkeep through volunteer labor for planting and regular mowing. Additionally, Waterville Community Land Trust Inc offers a Home Repair Program targeted at low-income families and seniors, having already assisted four families thus far.
Official website here: www.watervilleclt.org
Is Waterville Community Land Trust Inc legitimate?
Waterville Community Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterville Community Land Trust Inc submitted a form 990EZ, 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.
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Official website here: www.watervilleclt.org
What is the mission statement of Waterville Community Land Trust Inc?
Waterville Community Land Trust Inc's mission is centered around providing affordable housing solutions for low-income families whose annual income falls below 80% of the area's median income. The organization goes beyond just housing, also contributing to community development by enhancing open spaces in underserved neighborhoods. This is achieved through the creation of seating areas, gazebos, and maintenance tasks such as planting and mowing, all done with the help of volunteers. Additionally, Waterville Community Land Trust Inc offers a Home Repair Program aimed at assisting low-income families and seniors, with four families already benefiting from this service.
Official website here: www.watervilleclt.org
What is the revenue of Waterville Community Land Trust Inc?
Waterville Community Land Trust Inc's revenue in 2024 was $37,183.
Official website here: www.watervilleclt.org
Who are the executives of Waterville Community Land Trust Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.watervilleclt.org
Where can I find the form 990EZ for Waterville Community Land Trust Inc?
Waterville Community Land Trust Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.
Official website here: www.watervilleclt.org
Learn more at the official website: www.watervilleclt.org
Mission Statement of Waterville Community Land Trust Inc
Waterville Community Land Trust, a nonprofit organization, is dedicated to providing affordable housing solutions for low-income families whose annual income is 80% or less below the Area Median Income (AMI). Beyond offering affordable homes, the trust also works on expanding open spaces in impoverished neighborhoods. This is achieved by creating seating areas and constructing a gazebo, while ensuring the property's maintenance through volunteer labor, except for mowing tasks.
In addition to its housing initiatives, Waterville Community Land Trust operates a Home Repair Program, specifically tailored for low-income families and senior citizens. This program has already served four families, demonstrating the organization's commitment to improving living conditions for its community members. The trust's mission is multifaceted, encompassing both the provision of affordable housing and the enhancement of community spaces, thereby contributing to the betterment of the lives of its residents.
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Impact
August, 2024
Waterville Community Land Trust Inc has a significant impact on the community by providing affordable homes to low-income families, specifically those making 80% of the Area Median Income or less. They have also worked to enhance open space in the poorest neighborhood by creating seating areas and a gazebo, as well as maintaining the property with the help of volunteers. Additionally, their Home Repair Program has benefited several low-income families and seniors in need of assistance. Overall, the organization's efforts contribute to improving the quality of life and housing options for those in need in Waterville, ME.
This information is meant to be a general summary of Waterville Community Land Trust 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.
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This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $46
- Gross Receipts: $37,183
Assets and Liabilities:
- Total Assets: $153,405
- Total Liabilities: $48,231
- Net Assets: $105,174
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Organization Details
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