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EIN 45-3725586

Essex Community Land Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Montclair
State
New Jersey
Year formed
2012
Most recent tax filings
2023-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
The Essex Community Land Trust holds land in trust to preserve perpetual affordability of homes built by community developers, preserving public dollars. Its mission is to strengthen communities by providing permanently affordable housing and financial empowerment opportunities throughout Essex County. The goals of the eclt include facilitating homeowner education and diversifying neighborhoods. It is located in Montclair, NJ.
Total revenues
$137,240
2023
Total expenses
$89,622
2023
Total assets
$766,576
2023
Num. employees
0
2023

Program areas at Essex Community Land Trust

The Essex Community Land Trust is an organization that holds Land in Trust for the purposes of preserving perpetual affordability of the homes built on the Land by Community developers. In doing this, the organization also preserves public dollars used to build reconstruct housing and ensures the low to moderate income buyers suceed as buyers and do not foreclose by providng pre and post stewardship.
The goals of the eclt are to provide permanent affordable homeownership opportunities for low-to moderate-income individuals; warn against predatory mortgages; facilitate homeowner and financial success education; diversify neighborhoods in terms of ethnicity and income; increase the length of deed restrictions; and provide on-going stewardship over transformed abandoned homes located on clt Land.

Who funds Essex Community Land Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ImpactAssetsGeneral Support$100,000
Community Asset Preservation CorporationShared Equity Initiative Grant$30,000
Highland Avenue FoundationCharitable$2,500

Personnel at Essex Community Land Trust

NameTitleCompensation
Britnee TimberlakeFounder$0
Arnold CohenBoard Member$0
Daniel ArndtBoard Vice President$0
Renee PearsonBoard Member$0
Drew CurtisBoard Secretary$0
...and 1 more key personnel

Financials for Essex Community Land Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$133,340
Program services$3,900
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$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$137,240

Form 990s for Essex Community Land Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-17990View PDF
2022-122023-05-10990View PDF
2021-122022-08-22990View PDF
2020-122021-11-14990View PDF
2019-122021-04-02990View PDF
...and 8 more Form 990s
Data update history
July 15, 2024
Received grants
Identified 1 new grant, including a grant for $2,500 from Highland Avenue Foundation
January 2, 2024
Received grants
Identified 2 new grant, including a grant for $100,000 from ImpactAssets
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Land and water conservationEnvironmentHuman servicesCommunity improvementHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
60 Fullerton Ave Suite 202
Montclair, NJ 07042
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Essex County, NJ
Website URL
essexclt.org/ 
Phone
(973) 306-4738
IRS details
EIN
45-3725586
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
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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