West Rehoboth Community Land Trust is located in Rehoboth Beach, DE. The organization was established in 2006. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Rehoboth Community Land Trust 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 06/2022, West Rehoboth Community Land Trust generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $42.0k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O; GENERAL EXPLANATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE OPPORTUNITIES FOR LOW OR MODERATE INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND THAT IS CONTROLLED BY THE RESIDENTS ON A LONG-TERM BASIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eleanor Marchtmon President | OfficerTrustee | 0 | $0 |
Carman Blackwell Vice President | Officer | 0 | $0 |
Karen Hugues Secretary | Officer | 0 | $0 |
James Blakeslee Program Treasurer | Officer | 0 | $0 |
Minnie Smith-Burton Board Member | Trustee | 0 | $0 |
P Randolph Taylor Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $24,569 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,569 |
Total Program Service Revenue | $26,710 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $51,279 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,125 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $214 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,193 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,224 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,059 |
Insurance | $3,409 |
All other expenses | $0 |
Total functional expenses | $42,036 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,040 |
Savings and temporary cash investments | $28,612 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $637,552 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $3,468 |
Other assets | $0 |
Total assets | $685,672 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $142,656 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $142,656 |
Net assets without donor restrictions | $543,016 |
Net assets with donor restrictions | $0 |
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 | $685,672 |
Over the last fiscal year, we have identified 1 grants that West Rehoboth Community Land Trust has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Redwood Housing Inc North Bethesda, MD | $20,814,666 | $9,748,902 |
Habitat For Humanity International Inc Maple Shade, NJ | $11,003,483 | $12,605,455 |
Habitat For Humanity Of The Chesapeake Inc Baltimore, MD | $24,324,066 | $8,169,233 |
Greater Berks Development Fund Reading, PA | $39,552,158 | $9,719,449 |
Habitat For Humanity International Inc Philadelphia, PA | $20,358,278 | $15,243,125 |
Lgarpa Corp Turtle Creek, PA | $11,929,864 | $9,395,264 |
Habitat For Humanity International Inc Wilmington, DE | $10,048,891 | $7,048,193 |
Chemung View Housing Inc North Bethesda, MD | $48,659,010 | $8,326,428 |
Allies & Ross Management Anddevelopment Corporation Pittsburgh, PA | $255,249,004 | $26,193,210 |
Habitat For Humanity International Inc Silver Spring, MD | $5,733,841 | $7,602,541 |
Habitat For Humanity International Inc Salisbury, MD | $3,867,227 | $5,868,087 |
Ch Pennsylvania Under - 21 Philadelphia, PA | $9,080,269 | $6,343,251 |