NonprofitsEssex Community Land Trust Inc

Housing & Shelter

Essex Community Land Trust Inc

EAST ORANGE, NJ

Total revenue

$190K

Total expenses

$141K

Net assets

$813K

Grants received

$336K

7 grants

EIN

453725586

Tax year

2024

Mission

The essex community land trust is an organization that holds land in trust for the purposes of preserving affordability of the homes built on the land by community developers. In doing this, the organization also preserves public dollars used to build reconstruct housing and ensures the low to moderate income buyers succeed as buyers and do not foreclose by providing pre and post purchase stewardship.

Programs

1 program

The goals of the eclt are to provide permanent affordable homeownership opportunities for low-to moderate-income individuals; warn against predatory mortgages; facilitate homeowner and financial success education; diversify neighborhoods in terms of ethnicity and income; increase the length of deed restrictions; and provide on-going stewardship over transformed abandoned homes located on clt land.

Expenses: $141K

Financials

FY 2024

Revenue

Contributions & grants$186K
Program service revenue$3K
Investment income
Other revenue
Total revenue$190K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$141K
Total expenses$141K
Total assets$815K
Net assets$813K

People

11 listed

NameRoleCompensation

DANIEL ARNDT

BOARD VICE P

Board

ARNOLD COHEN

BOARD MEMBER

Board

DREW CURTIS

BOARD SECRET

Board

JAMES DEFILIPPIS

BOARD MEMBER

Board

SHANTE PALMER

BOARD MEMBER

Board

RENEE PEARSON

BOARD MEMBER

Board

DARLENE REEVES

BOARD MEMBER

Board

LEONARD ROBBINS

BOARD MEMBER

Board

HAROLD SIMON

CO-FOUNDER

Board

ALAINA THOMAS

BOARD MEMBER

Board

BRITNEE TIMBERLAKE

CO-FOUNDER

Board

Grants received

Showing 7 of 7

FromAmountPurposeYear
$100K
GENERAL SUPPORT
2024
$100K
GENERAL SUPPORT
2023
$100K
GENERAL SUPPORT
2022
$30K
SHARED EQUITY INITIATIVE GRANT
2022
$500
CHARITABLE DONATION
2018

Funded by

$336K from 4 funders · 7 grants · 2018–2024

Impactassetsinc

$300K · 3 grants · 2022–2024

Highland Avenue Foundation

$5K · 2 grants · 2022–2023

Details

EIN453725586
NTEE codeL80
Subsection03
Ruling date2013-09
Formed2012
Employees0
ESSEX COMMUNITY LAND TRUST INC — Mission, Financials & Grants Received | Grantivo