Lehigh Valley Community Land Trust
- Assets
- $416.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bethlehem, PA
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 26-4840272
Organization Overview
Lehigh Valley Community Land Trust is located in Bethlehem, PA. The organization was established in 2010. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, 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. Lehigh Valley 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, Lehigh Valley Community Land Trust generated $10.0k 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 (36.0%) each year. All expenses for the organization totaled $111.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
LVCLT ACQUIRES HOMES AND THEIR RESPECTIVE PROPERTIES THROUGH A VARIETY OF CHANNELS, RENOVATES THESE HOMES IN AN ENERGY-EFFICIENT MANNER AND SELLS THE HOMES TO INCOME QUALIFIED APPLICANTS IN ITS PROGRAM. THE LAND IS HELD PERMANENTLY BY THE ORGANIZATION TO ENSURE PERPETUAL AFFORDABILITY. UNLIKE MANY OTHER HOME PROVIDERS, LVCLT IS COMMITTED TO PROMOTING LONG-TERM SELF-SUFFFICIENCY AND SUCCESS WITH HOMEOWNERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Hunsicker Board Member | 2 | $0 | |
Rebecca Keybida Board Member | 2 | $0 | |
Amanda Raudenbush Board Member | 2 | $0 | |
Mark Hartney Vp-Acting President | 2 | $0 | |
Lisa Borick Secretary/treasurer | 2 | $0 | |
Dawn Godshall Executive Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $13,226 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$3,685 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,041 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $532 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $25 |
| Other expenses | $110,616 |
| Total expenses | $111,173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,653 |
| Other assets | $0 |
| Total assets | $416,200 |
| Total liabilities | $632 |
| Net assets or fund balances | $415,568 |