Overview
What is Suburban Alternatives Land Trust?
The Suburban Alternatives Land Trust is a nonprofit organization devoted to aiding low-income families and individuals in their housing needs. They offer assistance in securing rental properties and provide aid, with their primary mission being to promote home ownership for those in financial distress. By doing so, the Suburban Alternatives Land Trust aims to enhance the economic positions of homeowners within this demographic.
Official website here: www.nfh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Suburban Alternatives Land Trust receives a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 82% overall, reflecting a strong emphasis on accountability and finance, which constitutes 100% of the rating. The most recent fiscal evaluation for FY2022 shows that the charity has a high program expense ratio of 89.45%, demonstrating effective allocation of funds towards its mission.
The organization benefits from a fully independent board, contributing to its governance strength. All board members are independent, and the trust has established policies regarding conflict of interest and whistleblower protections, which further enhance its credibility. Additionally, there have been no reported material diversions of assets, showcasing sound financial practices.
However, the organization’s liabilities to assets ratio is a noted limitation, scoring 0 out of 15 in that category, which may raise concerns about financial stability. Overall, while Suburban Alternatives Land Trust's commitment to accountability is commendable, potential donors might consider evaluating the organization's financial leverage before supporting it.
This AI summary has been generated from information found on Charity Navigator.
Is Suburban Alternatives Land Trust legitimate?
Suburban Alternatives Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suburban Alternatives 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: $96,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.nfh.org
What is the mission statement of Suburban Alternatives Land Trust?
The Suburban Alternatives Land Trust is committed to aiding low-income families and individuals in securing housing and rental assistance. Beyond this, the organization also assists homeowners in enhancing their financial standing. This is achieved through its primary mission, which focuses on offering home ownership opportunities for individuals with limited income. By fulfilling these objectives, the Suburban Alternatives Land Trust aims to contribute positively to the well-being and economic stability of its target community.
Official website here: www.nfh.org
Who is the CEO of Suburban Alternatives Land Trust?
Clark Blasdell is the CEO of Suburban Alternatives Land Trust The CEO's salary of Suburban Alternatives Land Trust is $96,000 and their total compensation is $171,760.
Official website here: www.nfh.org
What is the revenue of Suburban Alternatives Land Trust?
Suburban Alternatives Land Trust's revenue in 2023 was $11,022.
Official website here: www.nfh.org
Who are the executives of Suburban Alternatives Land Trust and what are their salaries?
The average compensation at Suburban Alternatives Land Trust during 2023 was $96,000. There is 1 employee at Suburban Alternatives Land Trust.
Here are 3 key members and their salaries (Suburban Alternatives Land Trust's CEO's salary is $96,000 and their total compensation is $171,760):
- Compensation: $96,000
- Related: $0
- Other: $75,760
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nfh.org
Where can I find the form 990 for Suburban Alternatives Land Trust?
Suburban Alternatives Land Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nfh.org
Learn more at the official website: www.nfh.org
Mission Statement of Suburban Alternatives Land Trust
Suburban Alternatives Land Trust, a nonprofit organization, is dedicated to aiding low-income families and individuals in their pursuit of stable housing. Through its mission, the trust provides assistance with securing housing and rental aid, as well as offering support for homeowners to enhance their financial standing. The heart of its mission lies in the promotion of home ownership for families with limited income, aiming to improve their economic situation and provide them with a sense of stability and security.
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Impact
October, 2024
Suburban Alternatives Land Trust plays a significant role in enhancing the lives of low-income families and individuals by facilitating access to home ownership and rental assistance. By focusing on housing solutions, it empowers families to secure stable living conditions, which in turn supports their economic advancement. The organization’s efforts contribute to building sustainable communities in Novato, CA, creating opportunities for families to improve their financial circumstances and achieve long-term stability. Through its mission, Suburban Alternatives Land Trust not only addresses immediate housing needs but also fosters a sense of belonging and community among the residents it serves.
This information is meant to be a general summary of Suburban Alternatives 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 2023.
- Investment Income: $2,036
- Program Service Revenue: $9,859
- Gross Receipts: $11,022
Assets and Liabilities:
- Total Assets: $1,001,352
- Total Liabilities: $845,822
- Net Assets: $155,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR MANAGEMENT SERVICES
Revenue
$9,859
Organization Details
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