Overview
What is El Sereno Community Land Trust?
El Sereno Community Land Trust is a nonprofit organization situated in Los Angeles, California, specifically at 5469 Huntington Drive N, 90032. Their mission is centered around empowering low-income residents of Northeast Los Angeles by enabling them to obtain properties for housing, commercial, and open spaces. These properties are designed to be safe, dignified, accessible, and affordable, and are managed and controlled by the community members themselves in a long-term capacity, ensuring community stewardship. The organization, which consists of dedicated residents and stakeholders, aims to secure decent and affordable land for the community of El Sereno, Los Angeles.
Is El Sereno Community Land Trust legitimate?
El Sereno Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Sereno 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,400
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What is the mission statement of El Sereno Community Land Trust?
The El Sereno Community Land Trust, comprised of dedicated residents and stakeholders, endeavors to offer opportunities for low-income residents in Northeast LA to obtain properties for housing, commercial, and open space. These properties should be safe, dignified, accessible, and affordable, and they should be dedicated to the common good. The trust aims to ensure that these properties are stewarded and controlled by the residents on a permanent basis, thus promoting community ownership and long-term sustainability.
What is the revenue of El Sereno Community Land Trust?
El Sereno Community Land Trust's revenue in 2023 was $676,859.
Who are the executives of El Sereno Community Land Trust and what are their salaries?
The average compensation at El Sereno Community Land Trust during 2023 was $37,480. There are 5 employees and 400 volunteers at El Sereno Community Land Trust.
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Where can I find the form 990 for El Sereno Community Land Trust?
El Sereno Community Land Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of El Sereno Community Land Trust
El Sereno Community Land Trust, comprised of dedicated residents and stakeholders, is on a mission to provide opportunities for the people of El Sereno, Los Angeles. Their goal is to help low-income residents secure properties for housing, commercial, and open space that are safe, dignified, accessible, and affordable. This mission is driven by the belief that these properties should be not only owned but also stewarded and controlled by the community members in a long-term capacity. By doing so, the trust aims to contribute to the common good of the community. In essence, El Sereno Community Land Trust is working towards ensuring that community land and housing remain decent, affordable, and in the hands of the community for the long term.
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Impact
October, 2024
El Sereno Community Land Trust significantly impacts the residents of El Sereno, Los Angeles, by creating pathways for low-income individuals and families to access decent, affordable housing, commercial spaces, and open areas. By focusing on long-term stewardship, the Land Trust empowers community members to control and manage properties dedicated to the common good, ensuring that these resources remain accessible and safe for future generations. This commitment fosters a sense of community engagement and ownership, helping to stabilize the neighborhood while combating issues related to displacement and affordability in a rapidly changing urban landscape. Through its initiatives, the Land Trust not only addresses immediate housing needs but also cultivates resilience and sustainability within the El Sereno community.
This information is meant to be a general summary of El Sereno 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 2023.
- Investment Income: $88
- Program Service Revenue: $34,830
- Gross Receipts: $754,648
Assets and Liabilities:
- Total Assets: $2,958,175
- Total Liabilities: $127,281
- Net Assets: $2,830,894
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME
Revenue
$34,830
Organization Details
Founding Year
2018
Principal Officer
Sua Hernandez
NTEE Category
Code: L99 - Housing
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