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South Bay Community Land Trust

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

EIN: 850539855 ✦ San jose, CA ✦ Designated as a 501(c)(3)

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Overview

What is South Bay Community Land Trust?

South Bay Community Land Trust, established in San Jose, California, is a nonprofit organization with a mission to combat displacement, land speculation, and community deterioration. By acquiring and managing real property, this organization aims to benefit the community, particularly low-income and moderate-income residents in Santa Clara County. The primary goal is to expand housing and economic development opportunities, thus improving the living conditions and prospects of these residents. With a dedicated workforce of six individuals, South Bay Community Land Trust plays a pivotal role in enhancing community well-being and fostering equitable growth in the region.


Official website here: www.southbayclt.org

Is South Bay Community Land Trust legitimate?

South Bay Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bay 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: $92,254
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,109

For more financial information, click here


Official website here: www.southbayclt.org

What is the mission statement of South Bay Community Land Trust?

The South Bay Community Land Trust's mission is to combat displacement, land speculation, and community deterioration in Santa Clara County. They aim to achieve this by acquiring and managing real property for community benefit. This mission is designed to expand housing and economic development opportunities for low-income and moderate-income residents. The organization's activities are geared towards fighting against factors that threaten community stability and enhancing living conditions for a significant section of the population.


Official website here: www.southbayclt.org

What is the revenue of South Bay Community Land Trust?

South Bay Community Land Trust's revenue in 2023 was $595,740.


Official website here: www.southbayclt.org

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

The average compensation at South Bay Community Land Trust during 2023 was $59,394. There are 6 employees and 20 volunteers at South Bay Community Land Trust.

Here are 10 key members and their salaries:


Josefina Aguilar (Executive Director)
  • Compensation: $85,225
  • Related: $0
  • Other: $3,815
Jocelin Hernandez (Board Member)
  • Compensation: $6,230
  • Related: $0
  • Other: $0
Laura Diaz (Board Member)
  • Compensation: $800
  • Related: $0
  • Other: $0
Elizabeth Gonzalez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Perry (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyssa Serrano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Lujano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tafhari Franklin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Olivos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emerald Ip (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.southbayclt.org

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

South Bay Community Land Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.southbayclt.org

Learn more at the official website: www.southbayclt.org

Mission Statement of South Bay Community Land Trust

South Bay Community Land Trust, abbreviated as SBCLT, is an organization committed to making a positive impact in the community. Its mission is centered around acquiring and managing real property for the benefit of the community. This mission aims to combat displacement, land speculation, and community deterioration. Furthermore, SBCLT strives to expand housing and economic development opportunities for low-income and moderate-income residents in Santa Clara County. The organization's programs are geared towards achieving these objectives, working diligently to ensure the well-being and prosperity of its local community.

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Impact




July, 2024

South Bay Community Land Trust's impact can be seen in its efforts to combat displacement, land speculation, and community deterioration in Santa Clara County. By acquiring and managing real property for community benefit, the organization helps expand housing and economic development opportunities for low-income and moderate-income residents. Through its general programs, South Bay Community Land Trust works towards creating a more equitable and sustainable living environment for individuals and families in the region.




This information is meant to be a general summary of South Bay 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
$595,740 (2023)
Expenses
$582,813 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $992
  • Program Service Revenue: $13,992
  • Gross Receipts: $595,740

Assets and Liabilities:

  • Total Assets: $736,895
  • Total Liabilities: $7,188
  • Net Assets: $729,707

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Programs

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

PROGRAM FEES

Revenue

$13,992

Organization Details

Founding Year

2019

Principal Officer

Elizabeth Gonzalez

NTEE Category

Code: L25 - Housing

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