Moab Area Community Land Trust is located in Moab, UT. The organization was established in 2014. 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. Moab Area 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 12/2021, Moab Area Community Land Trust generated $233.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (46.3%) each year. All expenses for the organization totaled $73.2k during the year ending 12/2021. 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 THE OPPORTUNITY FOR PERMANENT, AFFORDABLE HOUSING BY PRESERVING LAND HELD IN TRUST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CREATE THE OPPORTUNITY FOR PERMANENT AFFORDABLE HOUSING BY PRESERVING LAND HELD IN TRUST IN MOAB CITY, GRAND COUNTY, AND NORTHERN SAN JUAN COUNTY. DURING 2021, THE LAND TRUST SUPERVISED THE INSTALLATION OF INFRASTRUCTURE FOR A 40 ACRE AFFORDABLE HOUSING PROJECT IN GRAND COUNTY UTAH CALLED ARROYO CROSSING. WHEN COMPLETED, ARROYO CROSSING WILL PROVIDE 300 UNITS FOR WORKFORCE HOUSING INCLUDING SINGLE FAMILY HOMES, TOWNHOMES, AND APARTMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Audrey Graham Chair | OfficerTrustee | 2 | $0 |
Sheri Griffith Vice Chair | OfficerTrustee | 2 | $0 |
Barbara Hicks Treasurer | OfficerTrustee | 2 | $0 |
Katherine Minehart Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $30,000 |
All other contributions, gifts, grants, and similar amounts not included above | $200,820 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $230,820 |
Total Program Service Revenue | $600 |
Investment income | $2,203 |
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 | $233,623 |
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 | $64,268 |
Fees for services: Accounting | $1,974 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $695 |
Advertising and promotion | $201 |
Office expenses | $244 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $160 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,813 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,196 |
All other expenses | $0 |
Total functional expenses | $73,166 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30,535 |
Savings and temporary cash investments | $3,841 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $180 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $420,340 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $2,041 |
Net Land, buildings, and equipment | $2,811,471 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $420 |
Total assets | $3,268,828 |
Accounts payable and accrued expenses | $1,750 |
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 | $0 |
Unsecured mortgages and notes payable | $200,000 |
Other liabilities | $0 |
Total liabilities | $201,750 |
Net assets without donor restrictions | $3,067,078 |
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 | $3,268,828 |
Over the last fiscal year, we have identified 1 grants that Moab Area Community Land Trust has recieved totaling $2,500,164.
Awarding Organization | Amount |
---|---|
Palladium Foundation Salt Lake City, UT PURPOSE: LAND PRESERVATION | $2,500,164 |
Organization Name | Assets | Revenue |
---|---|---|
Northwest Real Estate Capital Corporation Boise, ID | $42,438,639 | $10,028,848 |
Western Region Nonprofit Housing Corporation Salt Lake City, UT | $76,676,954 | $12,236,656 |
Habitat For Humanity Tucson Inc Tucson, AZ | $32,170,830 | $10,758,994 |
Habitat For Humanity International Inc Glenwood Springs, CO | $10,815,473 | $6,555,105 |
Utah Nonprofit Housing Corporation Salt Lake City, UT | $66,026,062 | $36,661,110 |
Mercy Housing South East Denver, CO | $32,176,710 | $9,687,514 |
Save The Family Foundation Of Arizona Mesa, AZ | $6,981,907 | $8,677,083 |
Pikes Peak Habitat For Humanity Inc Colorado Springs, CO | $13,774,284 | $6,271,945 |
Habitat For Humanity International Inc Fort Collins, CO | $6,791,081 | $6,218,115 |
Mercy Housing Calwest Denver, CO | -$18,791,913 | $14,657,764 |
Neighborhood Nonprofit Housing Corporation Logan, UT | $21,218,797 | $11,345,815 |
Habitat For Humanity International Inc Jackson, WY | $8,153,958 | $5,142,791 |