Commonspace Community Land Trust
- Assets
- $944.6k
- Revenue
- $55.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Sebastopol, CA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 82-1340715
Organization Overview
Commonspace Community Land Trust is located in Sebastopol, CA. The organization was established in 2017. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonspace Community Land Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Commonspace Community Land Trust generated $55.6k in total revenue. All expenses for the organization totaled $46.2k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REMOVE LAND FROM THE SPECULATIVE MARKET IN PERPETUITY, PROVIDING ATTAINABLE ACCESS TO LAND, QUALITY HOUSING, SUSTAINABLE AGRICULTURE AND WOODLAND, COOPERATIVE COMMUNITIES AND COTTAGE INDUSTRIES. TO DEVELOP PRACTICES THAT STEWARD, PRESERVE, PROTECT AND HEAL THE NATURAL ENVIRONMENT ITS LAND, AIR AND WATER. TO DEMONSTRATE THIS STEWARDSHIP OF THE ENVIRONMENT AND ATTAINABLE HOUSING BY PROVIDING INFORMATION, RESOURCES, REPLICABLE MODELS AND EXPERTISE TO THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CSCLT WAS AWARDED A $25,000 ECONOMIC DEVELOPMENT GRANT TO FUND INITIATIVES THAT SIGNIFICANTLY INCLUDE THE VOICE OF THE POOR AND MARGINALIZED IN DEVELOPING NEW AFFORDABLE HOUSING. CSCLT PROVIDES AFFORDABLE HOUSING IN ONE (1) UNIT SERVING TWO (2) PEOPLE AT THE ONE (1) PROPERTY IT OWNS. CSCLT HELD 3 DIVERSITY, EQUITY, & INCLUSION TRAINING EVENTS SERVING 7 BOARD OF DIRECTORS AND 2 AFFORDABLE HOUSING RESIDENTS. CSCLT OBJECTIVE IN 2021 & LONGER TERM GOAL, IS TO PROVIDE MORE OUTREACH & EDUCATION ON THE BENEFITS OF COMMUNITY LAND TRUST AS A VIABLE MODEL FOR SECURING AFFORDABLE HOUSING UNITS IN PERPETUITY AND TO HELP PROTECT, PRESERVE, & PRODUCE MORE AFFORDABLE HOUSING UNITS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Tellez Ramos Director | Trustee | 8 | $4,325 |
Eden Trenor Secretary | OfficerTrustee | 1 | $0 |
Darryl Berlin President | OfficerTrustee | 5 | $0 |
Cynthia Cunningham Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $336 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,646 |
| Total Program Service Revenue | $27,900 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,575 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,325 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $520 |
| Payroll taxes | $508 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,987 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $269 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $432 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,260 |
| Insurance | $3,104 |
| All other expenses | $386 |
| Total functional expenses | $46,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,054 |
| Savings and temporary cash investments | $39,110 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $872,413 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $944,577 |
| Accounts payable and accrued expenses | $26 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26 |
| Net assets without donor restrictions | $944,551 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $944,577 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Commonspace Community Land Trust has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kaweah Management Company Visalia, CA | $89,940,808 | $9,935,142 |
Many Mansions A California Non Profit Corporation Thousand Oaks, CA | $49,275,263 | $6,482,508 |
Habitat For Humanity International Inc Bend, OR | $14,216,100 | $11,437,404 |
Central Valley Low Income Housing Corporation Stockton, CA | $1,196,462 | $6,920,915 |
Hopelink Of Southern Nevada Henderson, NV | $2,897,801 | $7,179,714 |
New Economics For Women Los Angeles, CA | $39,265,644 | $7,599,995 |
Innovative Housing Inc Portland, OR | $72,167,425 | $8,053,529 |
Charities Housing Development Corp Of Santa Clara County San Jose, CA | $123,331,448 | $9,533,186 |
Hawaii Assisted Housing Inc Honolulu, HI | $9,716,019 | $6,363,305 |
Nikkei Senior Gardens Arleta, CA | $17,603,501 | $5,624,678 |
Riverside Community Housing Corporation Riverside, CA | $11,750,399 | $5,118,956 |
Housing Development Partners Of San Diego San Diego, CA | $64,899,022 | $5,565,742 |