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Kulshan Community Land Trust

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

EIN: 911995485 ✦ Bellingham, WA ✦ Designated as a 501(c)(3)

Overview

What is Kulshan Community Land Trust?

Kulshan Community Land Trust is a nonprofit organization located in Bellingham, Washington, with an address at 1303 Commercial Street 6. Its mission is to strengthen the community and support the local economy by providing secure and affordable access to land and homeownership for households of modest means. To achieve this, the trust builds new affordable housing, rehabilitates existing homes, and holds land in trust to create permanently affordable housing. Additionally, it offers educational and financial services to people of modest means. Kulshan Community Land Trust, with a team of seven employees, operates in the state of Washington, assisting qualified families in purchasing houses and condominiums.


Official website here: www.kulshanclt.org

Is Kulshan Community Land Trust legitimate?

Kulshan Community Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kulshan 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $360,171

For more financial information, click here


Official website here: www.kulshanclt.org

What is the mission statement of Kulshan Community Land Trust?

The Kulshan Community Land Trust, in its mission, works towards strengthening communities and supporting local economies by providing secure and affordable access to land and homeownership for households of modest means. To achieve this, the trust builds new affordable housing, rehabilitates existing ones, and holds land in trust to create permanently affordable housing. In addition, they offer educational and financial services to individuals of modest means. The organization aids qualified families in purchasing houses and condominiums within the state of Washington.


Official website here: www.kulshanclt.org

Who is the CEO of Kulshan Community Land Trust?

Dean Fearing is the Trustee of Kulshan Community Land Trust.


Official website here: www.kulshanclt.org

What is the revenue of Kulshan Community Land Trust?

Kulshan Community Land Trust's revenue in 2022 was $1,789,576.


Official website here: www.kulshanclt.org

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

The average compensation at Kulshan Community Land Trust during 2022 was $51,453. There are 7 employees and 4 volunteers at Kulshan Community Land Trust.

Here are 11 key members and their salaries:

    Josh Parrish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Walker (Former President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathalina Barril (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Buhler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alison Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Aslan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danne Neill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Chiavario (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eamonn Collins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Young (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelcy King (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kulshanclt.org

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

    The Kulshan Community Land Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kulshanclt.org

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

    Mission Statement of Kulshan Community Land Trust

    Kulshan Community Land Trust is dedicated to strengthening communities and supporting local economies by ensuring secure, affordable access to land and homeownership for households of modest means. The organization's mission is multifaceted, encompassing the construction of new affordable housing, the rehabilitation of existing properties, and the preservation of land in trust to create permanently affordable housing options. Kulshan Community Land Trust also provides educational and financial services to individuals and families within this income bracket. By assisting qualified families in the purchase of houses and condominiums in Washington State, the organization aims to contribute to a more equitable and sustainable housing market.

    Impact

    This information is meant to be a general summary of Kulshan Community Land Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Kulshan Community Land Trust strengthens our community by providing secure affordable access to land and homeownership for households of modest means in Bellingham, Washington. They build new affordable housing, rehabilitate existing housing, and hold land in trust to create permanently affordable housing. Additionally, they provide educational and financial services to people of modest means. Their impact is felt through the increased availability of affordable housing options, empowering more families to achieve homeownership and stability in their communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,581
  • Program Service Revenue: $134,610
  • Gross Receipts: $1,795,798

    • Assets and Liabilities:
  • Total Assets: $9,301,406
  • Total Liabilities: $3,761,403
  • Net Assets: $5,540,003
  • Programs

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

    LEASE FEES AND RENTAL

    Revenue

    $71,454

    PROGRAM INCOME AND FEE

    Revenue

    $54,656

    DEVELOPER FEES

    Revenue

    $8,500

    Organization Details

    Founding Year

    1999

    Principal Officer

    Dean Fearing

    Main Address

    1303 COMMERCIAL STREET 6, BELLINGHAM, WA, 98225

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Kulshan Community Land Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.