Overview
What is Sawmill Community Land Trust?
Sawmill Community Land Trust is a nonprofit organization situated in Albuquerque, New Mexico, specifically at 990 18th Street NW, with a mission to foster prosperous and vibrant neighborhoods in Albuquerque and Bernalillo County. They achieve this goal by developing and stewarding long-term affordable housing, funded by federal, state, and local agencies, as well as community support. The organization's activities include the development and sale of affordable housing to low and moderate-income buyers. Additionally, Sawmill Community Land Trust attempts to facilitate the transfer of affordable housing among eligible buyers by providing long-term lease options on land under housing. This nonprofit organization empowers communities through civic engagement, education, and advocacy, aiming to create sustainable economic opportunities for those with lower to moderate incomes. With a team of eight dedicated individuals, Sawmill Community Land Trust is committed to its mission of making a significant impact in the lives of local families.
Official website here: www.sawmillclt.org
Is Sawmill Community Land Trust legitimate?
Sawmill Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sawmill 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: $22,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,564
For more financial information, click here
Official website here: www.sawmillclt.org
What is the mission statement of Sawmill Community Land Trust?
The mission of Sawmill Community Land Trust is centered around developing vibrant and prosperous communities. They achieve this by creating and stewarding permanent affordable housing and fostering sustainable economic opportunities for low-to-moderate-income families. The organization empowers communities through civic engagement, education, and advocacy. They develop and sell affordable housing in various locations, funded by federal, state, and local agencies, as well as community support. The Land Trust also stimulates the conveyance of affordable housing among eligible buyers by providing access to housing through long-term leases of land under the housing.
Official website here: www.sawmillclt.org
Who is the CEO of Sawmill Community Land Trust?
Nicole Smith is the Board Presid of Sawmill Community Land Trust.
Official website here: www.sawmillclt.org
What is the revenue of Sawmill Community Land Trust?
Sawmill Community Land Trust's revenue in 2022 was $244,245.
Official website here: www.sawmillclt.org
Who are the executives of Sawmill Community Land Trust and what are their salaries?
The average compensation at Sawmill Community Land Trust during 2022 was $15,150. There are 8 employees at Sawmill Community Land Trust.
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Official website here: www.sawmillclt.org
Where can I find the form 990 for Sawmill Community Land Trust?
Sawmill Community Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sawmillclt.org
Learn more at the official website: www.sawmillclt.org
Mission Statement of Sawmill Community Land Trust
Sawmill Community Land Trust is dedicated to the mission of fostering vibrant, prosperous neighborhoods in various parts of Bernalillo County, including Albuquerque. The organization achieves this goal by developing and stewarding long-term affordable housing. Their aim is to empower low-to moderate-income families by providing them with sustainable economic opportunities. Sawmill Community Land Trust engages in community development by creating and managing permanently affordable housing units. They achieve this through the sale of affordable housing to eligible buyers, funded by federal, state, and local agencies, as well as community support. Additionally, the trust stimulates the conveyance of affordable housing among eligible buyers by offering long-term lease options of land beneath the housing units. The organization also promotes civic engagement, education, and advocacy within the communities it serves, contributing to their overall well-being and prosperity.
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Impact
October, 2024
Sawmill Community Land Trust significantly impacts the Albuquerque area by developing and stewarding long-term affordable housing for low and moderate-income families. By providing affordable housing options, it helps create vibrant and prosperous neighborhoods, fostering a sense of community and stability for residents.
Through the development and sale of affordable homes, Sawmill empowers eligible buyers by facilitating access to housing via long-term land leases. This innovative approach not only makes homeownership attainable but also promotes the sustainability of the affordable housing stock in Bernalillo County. The impact extends beyond housing; the organization also stimulates economic opportunities and community engagement, ensuring that residents have a stake in their neighborhoods.
Additionally, Sawmill's commitment to civic engagement, education, and advocacy plays a crucial role in building awareness and support for affordable housing initiatives. As a result, the community benefits not just from stable living conditions but also from a strengthened local economy and empowered citizens ready to advocate for their needs.
This information is meant to be a general summary of Sawmill 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: $3,280
- Program Service Revenue: $239,900
- Gross Receipts: $369,981
Assets and Liabilities:
- Total Assets: $10,007,503
- Total Liabilities: $2,718,797
- Net Assets: $7,288,706
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAND LEASE FEES
Revenue
$172,582
ASSOCIATION & OTHER FEES
Revenue
$34,014
OTHER PROGRAM INCOME
Revenue
$33,304
Organization Details
Founding Year
1994
Phone
(505) 764-0359Principal Officer
Nicole Smith
Main Address
990 18TH STREET NW, ALBUQUERQUE, NM, 87104
Website
www.sawmillclt.orgNTEE Category
Code: L80K - Housing
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