Overview
What is Rocky Mountain Community Land Trust?
Rocky Mountain Community Land Trust is a nonprofit organization situated in Colorado Springs, Colorado. Their primary mission is to offer and facilitate long-term affordable home ownership for low-income families. To achieve this goal, they collaborate closely with individuals and families in need, aiming to acquire affordable housing units. With a dedicated team of five employees, Rocky Mountain Community Land Trust is committed to making an impact in the community and ensuring that families have access to secure and affordable housing options.
Official website here: www.rmclt.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Rocky Mountain Community Land Trust (RMCLT) has achieved a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The rating is based entirely on the organization's performance in accountability and finance, where it scored particularly well in areas such as independent board governance, material diversion of assets, and program expenses. Specifically, RMCLT allocates approximately 84% of its expenses directly to programs, showcasing a strong commitment to fulfilling its mission.
User feedback reflects a mix of experiences with RMCLT. Positive reviews highlight the organization's impactful Affordable Homeownership Program, which has helped individuals achieve home ownership who otherwise might struggle in the housing market. One client shared a heartfelt story of how the Land Trust supported her as a single mother, allowing her to create a nurturing home environment for her child, while also becoming actively involved in the organization.
Conversely, some users express frustration with the responsiveness of the organization. A volunteer noted a lack of communication after initial interactions, leading to feelings of uncertainty about the process and timelines for home ownership. This suggests that while RMCLT has strong financial health and positive impacts, there may be challenges in client engagement and communication that need addressing to enhance user experiences.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Rocky Mountain Community Land Trust legitimate?
Rocky Mountain Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocky Mountain 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: $127,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $137,670
For more financial information, click here
Official website here: www.rmclt.org
What is the mission statement of Rocky Mountain Community Land Trust?
The Rocky Mountain Community Land Trust's mission is centered around partnering with low-income individuals and families. Their primary goal is to facilitate the acquisition of affordable housing for these families, aiming to provide them with long-term affordable home ownership. This organization strives to make homeownership an attainable and sustainable option for families who may otherwise struggle to afford housing.
Official website here: www.rmclt.org
Who is the CEO of Rocky Mountain Community Land Trust?
Nathan P Clyncke is the Executive Director of Rocky Mountain Community Land Trust.
Official website here: www.rmclt.org
What is the revenue of Rocky Mountain Community Land Trust?
Rocky Mountain Community Land Trust's revenue in 2022 was $1,546,070.
Official website here: www.rmclt.org
Who are the executives of Rocky Mountain Community Land Trust and what are their salaries?
The average compensation at Rocky Mountain Community Land Trust during 2022 was $52,940. There are 5 employees and 25 volunteers at Rocky Mountain Community Land Trust.
Here are 14 key members and their salaries:
- Compensation: $120,979
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- Other: $6,049
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Official website here: www.rmclt.org
Where can I find the form 990 for Rocky Mountain Community Land Trust?
Rocky Mountain Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmclt.org
Learn more at the official website: www.rmclt.org
Mission Statement of Rocky Mountain Community Land Trust
Rocky Mountain Community Land Trust, a nonprofit organization, is committed to partnering with low-income individuals and families to secure affordable housing. Their mission is centered around providing and facilitating long-term affordable home ownership for these families, aiming to make housing a sustainable and attainable goal for those who might otherwise struggle with affordability. By offering this service, Rocky Mountain Community Land Trust seeks to contribute to the stability and well-being of its communities, ensuring that low-income families can establish a solid foundation for their future.
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Impact
July, 2024
Rocky Mountain Community Land Trust partners with low-income individuals and families in Colorado Springs to acquire affordable housing. Their impact lies in providing and facilitating long-term affordable homeownership opportunities for low-income families in the area. Through their initiatives, they contribute to addressing the housing needs of underserved communities and enabling individuals to achieve stability through homeownership.
This information is meant to be a general summary of Rocky Mountain 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 2022.
- Investment Income: $859,084
- Program Service Revenue: $119,072
- Gross Receipts: $1,885,413
Assets and Liabilities:
- Total Assets: $13,657,435
- Total Liabilities: $5,075,661
- Net Assets: $8,581,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$119,072
Organization Details
Founding Year
1996
Phone
(719) 447-9300Principal Officer
Nathan P Clyncke
Main Address
1212 W COLORADO AVE, COLORADO SPRINGS, CO, 80904
Website
www.rmclt.orgNTEE Category
Code: L200 - Housing
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