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EIN 83-1409504

Asheville-Buncombe Community Land Trust

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Asheville
State
North Carolina
Year formed
2018
Most recent tax filings
2022-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
The Asheville Buncombe Community Land Trust aims to provide affordable housing for low-income households. In 2019, as a first-year nonprofit, they spent most of their time planning and hired a consultant to build a website for their organization. They also hosted their first annual membership meeting where they elected their board of directors and reviewed their annual report. They are located in Asheville, NC.
Total revenues
$553,223
2022
Total expenses
$229,063
2022
Total assets
$1,057,180
2022
Num. employees
3
2022

Program areas at Asheville-Buncombe Community Land Trust

Sale of First Home - we sold our first home and executed our first ground lease with resale restrictions ensuring that the home remains permanently affordable. Purchase of Additional Properties - we purchased two existing homes in the East End neighborhood and began renovations on both. Creation of a Home Repair Program and a Community Ambassador Program - we established two new initiatives: a home repair program within our two neighborhood-based funds and a community ambassador program.

Who funds Asheville-Buncombe Community Land Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dogwood Health TrustThis Grant Will Support Abclt's Efforts To Provide Equitable Housing Opportunities To Households Who Are Typically Excluded From the Economic and Political Mainstream, With An Emphasis on Historically Black Communities.$125,000
The Morton and Barbara Mandel Family FoundationGeneral Operating Support$40,000
Community Foundation of Western North CarolinaBuilding Community & Economic Vitality$10,500
...and 3 more grants received

Personnel at Asheville-Buncombe Community Land Trust

NameTitleCompensation
Anna ZuevskayaExecutive Director$80,080
Tara BrownBoard Member$0
Libby KylesBoard Chair$0
Renee WhiteVice - Chair$0
C Nicole HinebaughSecretary$0
...and 1 more key personnel

Financials for Asheville-Buncombe Community Land Trust

RevenuesFYE 12/2022
Total grants, contributions, etc.$599,739
Program services$325
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-45,000
Net income from fundraising events$0
Net income from gaming activities$-2,091
Net income from sales of inventory$0
Miscellaneous revenues$250
Total revenues$553,223

Form 990s for Asheville-Buncombe Community Land Trust

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-11-18990EZView PDF
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 2 new personnel
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $125,000 from Dogwood Health Trust
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
LobbyingPartially liquidatedFundraising eventsState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
825 Merrimon Ave
Asheville, NC 28804
Metro area
Asheville, NC
County
Buncombe County, NC
Website URL
abclt.org/ 
Phone
(828) 222-0812
IRS details
EIN
83-1409504
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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