NonprofitsRaleigh Area Land Trust

Housing & Shelter

Raleigh Area Land Trust

RALEIGH, NC

Total revenue

$1.3M

Total expenses

$338K

Net assets

$2.3M

Grants received

$688K

10 grants

EIN

831319881

Tax year

2024

Mission

The raleigh area land trust expands affordable home-ownership opportunities for families with low to moderate incomes so that they are able to live or remain incommunities of their choice.

Programs

3 programs

Expanded homeownership program to serve 15 prospective homebuyers byproviding homebuyer education and connections to support servicesincluding financial counseling and down payment assistance programs

Expenses: $73K

Completed community outreach to 105 potential homebuyers and communityresidents

Sold two homes at an affordable price to low-income homebuyers andpreserved land in community land trust for 99+ yearshosted a two-day volunteer event to provide landscaping and propertyupgrades to two affordable homes for future residents

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue
Investment income$762
Other revenue$350
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits$130K
Fundraising$39K
Other expenses$209K
Total expenses$338K
Total assets$2.5M
Net assets$2.3M

People

8 listed

NameRoleCompensation

KEVIN CAMPBELL

EXECUTIVE DIRECTOR

Board

$120K

40 hrs/wk

REV FRANK WHITE

VICE PRESIDENT

Board

2 hrs/wk

JENNIFER LAMPMAN

SECRETARY

Board

2 hrs/wk

JANE QUINN

TREASURER

Board

2 hrs/wk

LOUISE MARTIN

PRESIDENT

Board

2 hrs/wk

DR RASHEEDA MONROE

DIRECTOR

Board

2 hrs/wk

MATTHEW LEATHERMAN

DIRECTOR

Board

2 hrs/wk

LEE NORRIS

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$150K
AFFORDABLE HOUSING
2024
$75K
GENERAL ACTIVITIES
2024
$2K
CHARITABLE CONTRIBUTION
2024
$125K
GENERAL ACTIVITIES
2023
$10K
HUMAN SERVICES
2023
$4K
LANDSCAPING
2023
$25K
GENERAL ACTIVITIES
2022

Funded by

$688K from 7 funders · 10 grants · 2022–2024

Gipson Family Foundation

$225K · 3 grants · 2022–2024

Triangle Community Foundation Inc

$153K · 2 grants · 2022–2023

Ncar Housing Opportunity Foundation

$150K · 1 grant · 2024

North Carolina Community Foundation

$145K · 1 grant · 2022

National Philanthropic Trust

$10K · 1 grant · 2023

Mungo Homes Foundation Inc

$4K · 1 grant · 2023

John Rex Endowment

$2K · 1 grant · 2024

Details

EIN831319881
NTEE codeL21
Subsection03
Ruling date2019-09
Formed2018
Employees0
Volunteers25
RALEIGH AREA LAND TRUST — Mission, Financials & Grants Received | Grantivo