Pima County Community Land Trust
- Assets
- $5.4m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Tucson, AZ
- Founding
- 08/2010
- Data as of
- 06/2022
- EIN
- 27-2635994
Organization Overview
Pima County Community Land Trust is located in Tucson, AZ. The organization was established in 2010. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Pima County Community Land Trust employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pima County 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, Pima County Community Land Trust generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 42.0% each year . All expenses for the organization totaled $586.0k 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
PIMA COUNTY LAND TRUST'S MISSION IS TO CREATE A PERMANENT INVENTORY OF AFFORDABLE HOMES IN OUR COMMUNITY. ADDITIONALLY, THE LAND TRUST CREATED HOMEOWNERSHIP OPPORTUNITIES FOR LOW INCOME INDIVIDUALS BY REMOVING THE LAND COST FROM THE PURCHASE PRICE AND LEASING THE LOT TO THE HOMEOWNER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAND TRUST'S MISSION IS THE PERMANENT STEWARDSHIP OF LAND FOR THE COMMUNITY BENEFIT AND THE PERPERTUAL PRESERVATION OF THE AFFORDABILITY OF HOUSING ON THE LAND. PCCLT MAKES IT POSSIBLE FOR LOW-TO-MODERATE INCOME HOUSEHOLDS TO OWN HOMES ON LAND LEASED FROM PCCLT THROUGH A LONG TERM (99 YEAR), INHERITABLE GROUND LEASE. PCCLT'S STEWARDSHIP PROGRAM PROVIDES OUTREACH INCLUDING ONE-ON-ONE COUNSELING, REFERRALS TO SUPPORTIVE SERVICES AND EMPOWERMENT WORKSHOPS WHICH INCLUDE A FINANCIAL LITERACY COMPONENT AND CONTACTS THAT PROVIDE LONG-TERM SOCIAL AND ECONOMIC SUPPORT TO PARTICIPANTS. PCCLT LEASES SINGLE FAMILY HOMES AND APARTMENTS TO LOW-TO-MODERATE INCOME FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Amado Tellez Executive Dir. | OfficerTrustee | 40 | $78,880 |
Johanna Simental Director | Trustee | 1 | $0 |
Albert Celaya Director | Trustee | 2 | $0 |
Clintonia Blanson Director | Trustee | 1 | $0 |
Guadalupe Mitz Director | Trustee | 1 | $0 |
Monica Ortiz Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Durazo Construction Rehab Expense | 6/29/15 | $220,830 |
Antigua Builders Rehab Expense | 6/29/15 | $391,428 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,327,420 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,204 |
| Noncash contributions included in lines 1a–1f | $1,972,600 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,464,624 |
| Total Program Service Revenue | $206,667 |
| Investment income | $78 |
| 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 | -$292,860 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,378,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,000 |
| 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. | $78,880 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $221,752 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,885 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $377 |
| Fees for services: Accounting | $17,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,668 |
| Advertising and promotion | $3,581 |
| Office expenses | $18,138 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,870 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,263 |
| Insurance | $17,340 |
| All other expenses | $3,375 |
| Total functional expenses | $586,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $492,058 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $43,893 |
| Accounts receivable, net | $39,216 |
| 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 | $20,753 |
| Net Land, buildings, and equipment | $2,623,308 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,192,023 |
| Total assets | $5,411,251 |
| Accounts payable and accrued expenses | $31 |
| Grants payable | $0 |
| Deferred revenue | $12,930 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $38,656 |
| Total liabilities | $51,617 |
| Net assets without donor restrictions | $332,126 |
| Net assets with donor restrictions | $5,027,508 |
| 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 | $5,411,251 |