San Francisco Community Land Tr
- Assets
- $35.3m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 5
- Location
- San Francisco, CA
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 11-3700403
Organization Overview
San Francisco Community Land Tr is located in San Francisco, CA. The organization was established in 2004. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2021, San Francisco Community Land Tr employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Francisco Community Land Tr 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, San Francisco Community Land Tr generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE PERMANENT, AFFORDABLE, RESIDENT-CONTROLLED HOUSING FOR LOW TO MODERATE INCOME PEOPLE IN SAN FRANCISCO THROUGH COMMUNITY OWNERSHIP OF LAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF AFFORDABLE HOUSING FOR 107 UNITS AND 200 RESIDENTS; ASSET MANAGEMENT AND STEWARDSHIP, RESDIENT SUPPORT, VACANCY FILLING IN COMPLIANCE WITH MOHCD PROCEDURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Saki Bailey Executive Director | Officer | 40 | $68,462 |
Charles Higgins Executive Director - Left In 2021 | Officer | 40 | $16,543 |
Keith Hennessy President | OfficerTrustee | 5 | $0 |
Shanti Singh Vice President | OfficerTrustee | 1 | $0 |
Hans How Treasurer | OfficerTrustee | 5 | $0 |
Vivian Schwab Secretary | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amone Corp Consrtuction Service | 12/30/20 | $176,136 |
Gy Engineering Consrtuction Service | 12/30/20 | $139,095 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,712 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $188,395 |
| All other contributions, gifts, grants, and similar amounts not included above | $727,765 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $917,872 |
| Total Program Service Revenue | $1,591,738 |
| Investment income | $771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$44,897 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,465,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $85,189 |
| 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. | $85,005 |
| Compensation of current officers, directors, key employees. | $32,706 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $213,486 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,197 |
| Payroll taxes | $23,702 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,655 |
| Fees for services: Accounting | $53,608 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,955 |
| Advertising and promotion | $5,288 |
| Office expenses | $26,498 |
| Information technology | $1,502 |
| Royalties | $0 |
| Occupancy | $15,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,310 |
| Interest | $603,247 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $635,478 |
| Insurance | $58,847 |
| All other expenses | $14,030 |
| Total functional expenses | $2,373,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,456 |
| Savings and temporary cash investments | $2,149,195 |
| Pledges and grants receivable | $50,353 |
| Accounts receivable, net | $155,987 |
| 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 | $27,698 |
| Net Land, buildings, and equipment | $29,180,990 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,436,157 |
| Total assets | $35,292,836 |
| Accounts payable and accrued expenses | $1,414,362 |
| Grants payable | $0 |
| Deferred revenue | $14,395 |
| 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 | $35,910,810 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $55,061 |
| Total liabilities | $37,394,628 |
| Net assets without donor restrictions | -$2,614,944 |
| Net assets with donor restrictions | $513,152 |
| 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 | $35,292,836 |
Grants Awarded
Over the last fiscal year, San Francisco Community Land Tr has awarded $85,189 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: SUPPORT AFFORDABLE HOUSING PROGRAM. | $46,789 |
San Francisco, CA PURPOSE: SUBGRANTEE OF SFCLT'S MOHCD CAPACITY GRANT. | $38,400 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that San Francisco Community Land Tr has recieved totaling $266,863.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: TO SUPPORT THE PLANNED ACQUISITION OF THE 285 TURK STREET APARTMENT COMPLEX LOCATED IN SAN FRANCISCO, CALIFORNIA. | $200,000 |
Tipping Point Community San Francisco, CA PURPOSE: CHI | $44,580 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $12,250 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Living Desert Palm Desert, CA | $126,171,704 | $34,591,756 |
Sonoma Land Trust Santa Rosa, CA | $48,073,426 | $13,750,403 |
Shasta Land Trust Redding, CA | $1,713,307 | $11,450,498 |
Center For Natural Lands Management Temecula, CA | $268,081,806 | $7,030,474 |
Truckee Donner Land Trust Truckee, CA | $49,860,390 | $8,251,860 |
Wildlands Conservancy Oak Glen, CA | $148,685,880 | $11,621,099 |
Organic Materials Review Institute Eugene, OR | $2,429,450 | $7,163,991 |
Hiipaka Llc Haleiwa, HI | $26,440,527 | $11,083,496 |
Banning Ranch Conservancy Newport Beach, CA | $180,703 | $352,883 |
Arizona Land And Water Trust Inc Tucson, AZ | $19,341,295 | $7,113,905 |
Ala Kahakai Trail Association Kamuela, HI | $15,140,176 | $6,288,942 |
Pacific Forest And Watershed Lands Stewardship Council Orangevale, CA | $18,809,229 | $90,114 |