Overview
What is Flagstaff Townsite Historic?
Flagstaff Townsite Historic, operating under the name Properties Community Land Trust, is a nonprofit organization based in Flagstaff, Arizona. Their primary mission is to foster historic preservation and community investment by offering permanently affordable owner-occupied homes. By doing so, they aim to promote sustainable growth and development within the community, ensuring that these properties remain accessible and affordable for future generations. The organization's activities and purpose revolve around this fundamental commitment to historic preservation and community investment.
Official website here: www.townsiteclt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
Flagstaff Townsite Historic has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score is based entirely on the Accountability & Finance beacon, which showcases strengths in governance and financial health. With a significant program expense ratio of 95.80%, the organization effectively directs most of its resources to its mission-driven activities.
The nonprofit boasts a fully independent board, with 100% of its members meeting independence criteria. Additionally, it has demonstrated no material diversion of assets, which indicates robust fiscal management. The organization has also made its tax form available on its website, ensuring transparency in its operations.
However, there are notable gaps in its governance practices, specifically the absence of a whistleblower policy and a document retention and destruction policy, which received no points. Addressing these areas could enhance its accountability profile and further improve stakeholder confidence in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Flagstaff Townsite Historic legitimate?
Flagstaff Townsite Historic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flagstaff Townsite Historic 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.townsiteclt.org
What is the mission statement of Flagstaff Townsite Historic?
The Flagstaff Townsite Historic, through its Townsite Land Trust, aims to foster historic preservation and community investment. They accomplish this by facilitating the creation of permanently affordable, owner-occupied homes. By doing so, they contribute to the preservation of historical sites while also investing in the community's housing market, ensuring affordability for homeowners.
Official website here: www.townsiteclt.org
Who is the CEO of Flagstaff Townsite Historic?
Charles Silver is the President of Flagstaff Townsite Historic.
Official website here: www.townsiteclt.org
What is the revenue of Flagstaff Townsite Historic?
Flagstaff Townsite Historic's revenue in 2022 was $761,482.
Official website here: www.townsiteclt.org
Who are the executives of Flagstaff Townsite Historic and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.townsiteclt.org
Where can I find the form 990 for Flagstaff Townsite Historic?
Flagstaff Townsite Historic's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.townsiteclt.org
Learn more at the official website: www.townsiteclt.org
Mission Statement of Flagstaff Townsite Historic
Flagstaff Townsite Historic, a mission-driven organization, is committed to fostering historic preservation and community investment. Their primary objective is to create and maintain permanently affordable owner-occupied homes. By doing so, they aim to contribute positively to the community, promoting a sense of history and sustainable development. Their purpose is to strike a balance between preserving the past and investing in the future, ensuring that affordable housing remains an integral part of the community landscape.
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Impact
July, 2024
Flagstaff Townsite Historic's impact lies in its dedication to promoting historic preservation and community investment through the creation of permanently affordable owner-occupied homes. By prioritizing the preservation of historical sites and offering affordable housing options, Flagstaff Townsite Historic contributes to the cultural and economic sustainability of the community. This organization's work not only protects the heritage and character of Flagstaff but also ensures that residents have access to affordable housing, fostering a more inclusive and thriving community for all.
This information is meant to be a general summary of Flagstaff Townsite Historic. 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: $977
- Program Service Revenue: $3,050
- Gross Receipts: $761,482
Assets and Liabilities:
- Total Assets: $1,643,046
- Total Liabilities: $6,025
- Net Assets: $1,637,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROUND LEASE & APP FEE
Revenue
$3,050
Organization Details
Founding Year
2015
Principal Officer
Charles Silver
Main Address
PO BOX 234, FLAGSTAFF, AZ, 86002
Website
www.townsiteclt.orgNTEE Category
Code: L20 - Housing
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