Overview
What is Atlanta Land Trust Inc?
Atlanta Land Trust Inc is a dedicated nonprofit organization based in Atlanta, Georgia, with a specific focus on addressing affordable housing challenges within the city. Their mission is to deliver and steward permanently affordable housing, fostering inclusive and equitable communities, particularly in areas surrounding the Atlanta Beltline and other targeted locations. In 2022, Atlanta Land Trust continued its work by advancing the development of several affordable townhome communities, including 1091 Tucker Avenue, 1024 Donnelly Avenue, and 697 Fayetteville Road. Significant progress was made on these projects, with construction commencing on 1091 Tucker Avenue, the acquisition and financing of a 2-acre site at 697 Fayetteville Road, and the completion of rezoning and entitlements for 1024 Donnelly Avenue. With a workforce of six individuals, Atlanta Land Trust Inc remains committed to its goal of creating 300 permanently affordable, energy-efficient homes by 2025.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Atlanta Land Trust Inc has earned a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance as well as culture and community engagement. The organization showcases strong governance, with a fully independent board and effective financial oversight, resulting in high scores across several measures, including no material diversion of assets and excellent fundraising efficiency.
The charity's program expense ratio is somewhat lower at 67.59%, which may indicate room for improvement in how funds are allocated toward programs versus administrative costs. However, its strong financial ratios, including a low liabilities to assets ratio and a substantial working capital ratio, suggest that the organization is in a stable financial position, capable of sustaining its operations.
Additionally, the organization's commitment to equity strategies is noteworthy, scoring 89 out of 100. This indicates a proactive approach to inclusivity and effective data-driven policies, highlighting Atlanta Land Trust Inc's dedication to community engagement and social impact. Overall, the charity demonstrates a healthy balance of financial accountability and strategic community focus, though enhancing program spending could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Atlanta Land Trust Inc legitimate?
Atlanta Land Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlanta Land Trust Inc 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: $204,815
Professional Fundraising Fees: $170,923
Other Salaries and Wages: $100,696
For more financial information, click here
What is the mission statement of Atlanta Land Trust Inc?
Atlanta Land Trust Inc's mission is focused on delivering and stewarding permanently affordable housing to foster inclusive and equitable communities. This mission is particularly targeted towards areas near the Atlanta beltline and other specified locations within the city. The organization works collaboratively with communities to co-create solutions to their affordable housing challenges, with a goal of constructing 300 such homes by 2025. In 2022, Atlanta Land Trust made significant strides in this endeavor, advancing the development of three affordable townhome communities and commencing construction on one of them.
Who is the CEO of Atlanta Land Trust Inc?
Amanda Rhein is the Executive Director of Atlanta Land Trust Inc.
What is the revenue of Atlanta Land Trust Inc?
Atlanta Land Trust Inc's revenue in 2022 was $6,510,406.
Who are the executives of Atlanta Land Trust Inc and what are their salaries?
The average compensation at Atlanta Land Trust Inc during 2022 was $50,918. There are 6 employees and 14 volunteers at Atlanta Land Trust Inc.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Atlanta Land Trust Inc?
Atlanta Land Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Atlanta Land Trust Inc
Atlanta Land Trust Inc is dedicated to delivering and stewarding permanently affordable housing, aiming to foster inclusive and equitable communities. Their mission is to support these communities near the Atlanta beltline and other targeted areas within the city, with a goal of creating 300 such homes by 2025. In 2022, the organization made significant strides towards this objective, advancing the development of three affordable townhome communities: 1091 Tucker Avenue, 1024 Donnelly Avenue, and 697 Fayetteville Road. They commenced construction on phase 1 of 1091 Tucker Avenue, closed on the acquisition and financing of the 2-acre site at 697 Fayetteville Road, and completed rezoning and entitlements for 1024 Donnelly Avenue. This demonstrates Atlanta Land Trust Inc's commitment to addressing affordable housing challenges in collaboration with local communities, with the ultimate goal of creating sustainable, inclusive living spaces.
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Impact
July, 2024
Atlanta Land Trust Inc's impact is focused on delivering and stewarding permanently affordable housing to support inclusive, equitable communities near the Atlanta Beltline and other targeted areas in the city of Atlanta. The organization collaborates with communities to co-create solutions to affordable housing challenges with the goal of creating 300 permanently affordable, energy-efficient homes by 2025. In 2022, Atlanta Land Trust continued to advance the development of three affordable townhome communities: 1091 Tucker Avenue, 1024 Donnelly Avenue, and 697 Fayetteville Road. Additionally, in 2022, the organization commenced construction on phase 1 of 1091 Tucker Avenue, closed on the acquisition and financing of the 2-acre site at 697 Fayetteville Road, and completed rezoning and entitlements for 1024 Donnelly Avenue. Atlanta Land Trust's mission underscores its commitment to fostering inclusive, equitable communities through the provision of affordable housing solutions.
This information is meant to be a general summary of Atlanta Land Trust Inc. 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: $183,374
- Program Service Revenue: $59,605
- Gross Receipts: $6,826,379
Assets and Liabilities:
- Total Assets: $13,038,602
- Total Liabilities: $2,837,112
- Net Assets: $10,201,490
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT STEWARDSHIP FEES
Revenue
$11,605
DEVELOPMENT FEES
Revenue
$48,000
Organization Details
Founding Year
2009
Phone
(404) 257-6866Principal Officer
Amanda Rhein
Main Address
245 North Highland Ave NE 230-724, ATLANTA, GA, 30307
NTEE Category
Code: L20 - Housing
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