Housing Land Trust Of Sonoma County

Organization Overview

Housing Land Trust Of Sonoma County is located in Petaluma, CA. The organization was established in 2002. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Housing Land Trust Of Sonoma County employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Land Trust Of Sonoma County 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, Housing Land Trust Of Sonoma County generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.6% each year . All expenses for the organization totaled $589.0k during the year ending 12/2021. While expenses have increased by 11.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE HOUSING LAND TRUST OF SONOMA COUNTY IS TO INCREASE HOME OWNERSHIP OPPORTUNITIES TO LOW- AND MODERATE-INCOME FAMILIES IN SONOMA COUNTY WHILE ENSURING PERMANENT HOUSING AFFORDABILITY THROUGH THE USE OF A LAND TRUST MODEL. OUR MISSION IS BASED UPON THE BELIEF THAT (1) ALL WORKING FAMILIES DESERVE A HOME OF THEIR OWN, AND (2) COMMUNITIES WITH HOMEOWNERS FROM A BROAD SOCIO-ECONOMIC RANGE ARE THE STRONGEST AND MOST VIBRANT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S CORE PROGRAM IS TO LESSEN THE BURDEN OF GOVERNMENT BY ASSISTING IN THE DEVELOPMENT OF AFFORDABLE HOUSING IN SONOMA COUNTY. THE ORGANIZATION WORKS IN PARTNERSHIP WITH GOVERNMENT AGENCIES AND PRIVATE GROUPS TO EDUCATE THE PUBLIC ON THE BENEFITS AND OPTIONS RELATED TO AFFORDABLE HOUSING PROGRAMS, AND PROVIDES ADMINISTRATIVE AND MANAGEMENT SERVICES FOR NEW AND EXISTING AFFORDABLE HOUSING PROJECTS.THE ORGANIZATION HAS ADOPTED THE DBA HOUSING AND LAND TRUST OF THE NORTH BAY.


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Board, Officers & Key Employees

Name (title)Compensation
Devika Goetschius
Executive Direc
$146,500
David Sears
President
$0
Michael Hatfield
Vice President
$0
Deborah Hatfield
Secretary
$0
Jeff Nguyen
Director
$0
David Doss
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,510,914
Noncash contributions included in lines 1a–1f $3,334,232
Total Revenue from Contributions, Gifts, Grants & Similar$3,510,914
Total Program Service Revenue$324,536
Investment income $302
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 $3,835,752

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Housing Land Trust Of Sonoma County has recieved totaling $1,243.

Awarding OrganizationAmount
Mcnabb Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$243
View Grant Recipient Profile

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