Swap Community Land Trust Inc
- Assets
- $253.9k
- Revenue
- $322.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 08/1991
- Data as of
- 06/2021
- EIN
- 05-0453207
Organization Overview
Swap Community Land Trust Inc is located in Providence, RI. The organization was established in 1991. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swap Community Land Trust Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF IMPROVEMENT OF INNER CITY NEIGHBORHOODS BY WORKING WITH RESIDENTS TO PROMOTE THE REHABILITATION AND RENOVATION OF VACANT AND ABANDONED HOUSES. ALSO ASSIST ON AFFORDABLE HOUSING COMPONENTS OF MASTER PLANNED DEVELOPMENTS.
MANAGEMENT OF AFFORDABLE HOUSING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Bortolotti President | 0.25 | $0 | |
Carla Destefano Executive Director | 1 | $0 | |
Rosetta Clark Brooks Vice President | 0.25 | $0 | |
Miguel Quezada Director | 0.25 | $0 | |
Nancy Whit Secretary | 0.25 | $0 | |
Richardson Ogidan Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $322,678 |
| Other Income | $0 |
| Total Revenue | $322,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $70,651 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71,989 |
| Total operating and administrative expenses | $159,220 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $159,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,446 |
| Savings and temporary cash investments | $2,000 |
| Net Accounts receivable | $36,477 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,950 |
| Total assets | $253,873 |
| Accounts payable and accrued expenses | $30,064 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,827 |
| Total liabilities | $37,891 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Reservations Boston, MA | $373,027,910 | $79,907,362 |
Aquidneck Land Trust Middletown, RI | $25,504,310 | $25,123,306 |
Essex County Green Belt Association Inc Essex, MA | $63,698,611 | $7,120,409 |
Berkshire Natural Resources Lenox, MA | $30,614,127 | $3,680,063 |
South Kingstown Land Trust South Kingstown, RI | $12,353,634 | $3,040,984 |
Wildlands Trust Inc Plymouth, MA | $11,768,642 | $4,407,182 |
Kestrel Land Trust Inc Amherst, MA | $7,170,959 | $4,804,533 |
Sudbury Valley Trustees Inc Sudbury, MA | $30,284,086 | $6,625,833 |
Northwest Connecticut Land Conservancy Inc Kent, CT | $63,407,223 | $2,698,064 |
Nantucket Land Council Inc Nantucket, MA | $42,170,457 | $1,862,044 |
Lands Sake Incorporated Weston, MA | $5,942,890 | $2,602,179 |
Quissett Harbor Preservation Trust Inc Falmouth, MA | $1,121,885 | $780,014 |