NonprofitsSouthern Arizona Land Trust Inc

Community Improvement & Capacity Building

Southern Arizona Land Trust Inc

TUCSON, AZ

Total revenue

$2.2M

Total expenses

$2.0M

Net assets

$15.3M

Grants received

$45K

3 grants

EIN

262948288

Tax year

2024

Mission

The mission of southern arizona land trust inc. Is to promote community interests in pima county and southern arizona by investing in and revitalizing neighborhoods through the development of quality affordable housing.

Programs

2 programs

Support affordable housing and economic development purposes and activities of the industrial development authority of the county of pima and it's affiliates. Accomplishment: developed and constructed 3 single-family homes (bentley) for the purpose of providing new affordable housing to 120% ami or below tenants. 100% of the homes built were added to the existing rental portfolio. The 1m project at s bentley ave provided economic opportunities for subconstractors, vendors and material suppliers. This development activity transformed a donated land parcel into new energy efficient homes and added vauable housing stock to a community that is lacking affordable housing inventory. Sales of selected homes in current rental portfolio provided funding needed to complete this project.

Provide new affordable housing to low income and moderate income families in tucson through the development of landbank properties. Accomplishment: belnor vista: secured water to block iv. Work in progress with the development plans for block i and the onsite sewer system plans. Emery park place: fully development of the 1.3-acre site and completed 80% of four (4) new duplexes in conjunction with affiliate organization. Pinal vista place: sold the property to affiliate organization for a future affordable housing. Elstone ii: design three (3) house plans and working on predevelopment for this future ten (10) lot affordable housing subdivision.

Financials

FY 2024

Revenue

Contributions & grants$36K
Program service revenue$1.9M
Investment income$239K
Other revenue$40K
Total revenue$2.2M

Expenses

Grants paid
Salaries & benefits$675K
Fundraising
Other expenses$1.3M
Total expenses$2.0M
Total assets$21.4M
Net assets$15.3M

People

5 listed

NameRoleCompensation

GREGG T SASSE

EXECUTIVE DI

Board

$145K

40 hrs/wk

DEBRA SEIDL

ACCT/FINANCE

Board

$90K

40 hrs/wk

SHAIMA NAMAZIFORD

BOARD SECRET

Board

0.25 hrs/wk

KENNETH SILVERMAN

BOARD TREASU

Board

0.33 hrs/wk

FRANK VALENZUELA

BOARD CHAIRM

Board

0.5 hrs/wk

Independent contractors

CHAMBERLAIN LATH & STUCCO LLC

STUCCO & LATH

$123K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$25K
For grant recipient's exempt purposes
2023
$10K
For grant recipient's exempt purposes
2022
$10K
GENERAL SUPPORT
2019

Funded by

$45K from 2 funders · 3 grants · 2019–2023

Fidelity Investments Charitable Gift Fund

$35K · 2 grants · 2022–2023

Community Foundation For

$10K · 1 grant · 2019

Details

EIN262948288
NTEE codeS32
Subsection03
Ruling date2009-04
Formed2008
Employees7
SOUTHERN ARIZONA LAND TRUST INC — Mission, Financials & Grants Received | Grantivo