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Liberty Community Land Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843839351 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Liberty Community Land Trust?

Liberty Community Land Trust is a nonprofit organization situated in Los Angeles, California, specifically at 3818 Crenshaw Boulevard, 90008. Their primary mission lies in the preservation and development of permanently affordable housing within a broader context of fostering a democratic economy. This initiative aims to promote liberation and healing in the community. In pursuit of this goal, Liberty Community Land Trust actively participates in the tax-exempt filing process and acquires naturally occurring affordable housing. Through community stewardship of land, they ensure long-term affordability and sustainable development.


Official website here: www.libertyclt.org/

Is Liberty Community Land Trust legitimate?

Liberty Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.libertyclt.org/

What is the mission statement of Liberty Community Land Trust?

Liberty Community Land Trust, as part of an aim to foster liberation and healing within a democratic economy, focuses on preserving and developing affordable housing that is permanently accessible. The organization also prioritizes ensuring community stewardship over land. In essence, their mission is to safeguard and enhance affordable housing opportunities, while promoting collective responsibility towards land management. The Trust is currently in the process of completing their tax-exempt filing and acquiring naturally occurring affordable housing properties.


Official website here: www.libertyclt.org/

Who is the CEO of Liberty Community Land Trust?

Gregory Akili is the Chairman of Liberty Community Land Trust.


Official website here: www.libertyclt.org/

What is the revenue of Liberty Community Land Trust?

Liberty Community Land Trust's revenue in 2022 was $1,816,743.


Official website here: www.libertyclt.org/

Who are the executives of Liberty Community Land Trust and what are their salaries?


Here are 7 key members and their salaries:


Gregory Akili (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zerita Jones (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damien Goodmon (Secretary-Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Malcolm Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Estuardo Mazariegos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Silvia Venegas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Yergan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.libertyclt.org/

Where can I find the form 990 for Liberty Community Land Trust?

Liberty Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.libertyclt.org/

Learn more at the official website: www.libertyclt.org/

Mission Statement of Liberty Community Land Trust

Liberty Community Land Trust, as part of an ecosystem striving for liberation and healing, focuses on the development of a democratic economy. This nonprofit organization is committed to preserving and developing permanently affordable housing and ensuring community stewardship of land. By completing the tax-exempt filing process and acquiring naturally occurring affordable housing, Liberty Community Land Trust aims to contribute significantly to this mission. Their goal is to foster a sense of community and offer long-term housing solutions that are both affordable and sustainable.

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Impact




October, 2024

Liberty Community Land Trust plays a crucial role in promoting affordable housing and community stewardship in Los Angeles. By focusing on the preservation and development of permanently affordable housing, it addresses the urgent need for accessible living spaces in a city marked by rising housing costs. The initiative not only provides financial relief to residents but also fosters a sense of ownership and responsibility among community members toward their local environment.

Through its efforts, Liberty Community Land Trust seeks to create an ecosystem that champions liberation and healing, contributing to a democratic economy that prioritizes people over profits. By completing the tax-exempt filing process and acquiring naturally occurring affordable housing, the organization is actively working to safeguard housing stability for vulnerable populations in the area. The focus on community stewardship ensures that land remains a shared resource, allowing residents to have a say in its use and future development. Overall, Liberty Community Land Trust's impact is felt in the tangible improvements in housing accessibility and the empowerment of local communities.




This information is meant to be a general summary of Liberty 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.

Revenue
$1,816,743 (2022)
Expenses
$88,097 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,033
  • Program Service Revenue: $46,850
  • Gross Receipts: $1,816,743

Assets and Liabilities:

  • Total Assets: $4,641,476
  • Total Liabilities: $2,092,000
  • Net Assets: $2,549,476

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$46,850

Organization Details

Founding Year

2019

Principal Officer

Gregory Akili

Main Address

3818 CRENSHAW BLVD 314, LOS ANGELES, CA, 90008

NTEE Category

Code: L20 - Housing

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