Overview
What is Milwaukee Community Land Trust Ltd?
Milwaukee Community Land Trust Ltd is a nonprofit organization situated in Milwaukee, Wisconsin. Its primary mission is to empower local neighborhoods and community organizations by implementing the Community Land Trust model. This approach aims to ensure the availability of permanently affordable housing, promote community control over real estate, and prevent displacement during development projects. With a small team of dedicated individuals, the organization works diligently to support these objectives in the Milwaukee area.
Official website here: www.milwaukeeclt.org
Is Milwaukee Community Land Trust Ltd legitimate?
Milwaukee Community Land Trust Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Community Land Trust Ltd 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: $83,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,238
For more financial information, click here
Official website here: www.milwaukeeclt.org
What is the mission statement of Milwaukee Community Land Trust Ltd?
The Milwaukee Community Land Trust Ltd aims to empower local neighborhoods and neighborhood organizations by implementing the community land trust model. This model supports the establishment of permanently affordable housing, fosters community control over real estate, and promotes development without displacement. By altering the typical homebuying process, the organization seeks to ensure housing remains affordable in the long term.
Official website here: www.milwaukeeclt.org
What is the revenue of Milwaukee Community Land Trust Ltd?
Milwaukee Community Land Trust Ltd's revenue in 2024 was $354,106.
Official website here: www.milwaukeeclt.org
Who are the executives of Milwaukee Community Land Trust Ltd and what are their salaries?
The average compensation at Milwaukee Community Land Trust Ltd during 2024 was $68,757. There are 2 employees at Milwaukee Community Land Trust Ltd.
Here are 10 key members and their salaries:
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Official website here: www.milwaukeeclt.org
Where can I find the form 990 for Milwaukee Community Land Trust Ltd?
Milwaukee Community Land Trust Ltd's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.milwaukeeclt.org
Learn more at the official website: www.milwaukeeclt.org
Mission Statement of Milwaukee Community Land Trust Ltd
Milwaukee Community Land Trust Ltd, in its mission, aims to empower neighborhoods and neighborhood organizations within Milwaukee. By utilizing the community land trust model, the organization seeks to achieve three primary objectives: promoting permanently affordable housing, securing community control over real estate, and preventing displacement during development processes. This nonprofit organization intends to alter the traditional home buying process, ensuring that housing remains affordable for the community. By implementing these strategies, Milwaukee Community Land Trust Ltd endeavors to empower neighborhoods and contribute to sustainable, inclusive, and equitable urban development.
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Impact
October, 2024
Milwaukee Community Land Trust Ltd plays a pivotal role in transforming the housing landscape in Milwaukee by empowering neighborhoods to take control of their real estate. By utilizing the community land trust model, it supports the development of permanently affordable housing, ensuring that residents can purchase homes without the fear of displacement. This approach fundamentally changes the traditional homebuying process, making it more accessible and sustainable for the community. Through its efforts, the organization fosters community control over land and encourages development practices that prioritize local residents' needs, strengthening neighborhoods and promoting long-term stability.
This information is meant to be a general summary of Milwaukee Community Land Trust Ltd. 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 2024.
- Investment Income: $2,207
- Gross Receipts: $354,106
Assets and Liabilities:
- Total Assets: $388,048
- Total Liabilities: $289,028
- Net Assets: $99,020
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Organization Details
Founding Year
2016
Principal Officer
Lamont Davis
Website
www.milwaukeeclt.orgNTEE Category
Code: L80 - Housing
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