EIN 06-1337421

Equity Trust

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1991
Most recent tax filings
2023-12-01
Description
Equity Trust promotes economic and social justice by providing equitable access to land and capital, located in Amherst, MA.
Also known as...
Non Profit 501 C 3
Total revenues
$595,867
2023
Total expenses
$382,373
2023
Total assets
$6,582,486
2023
Num. employees
3
2023

Program areas at Equity Trust

Equity Trust fund: enabling socially conscious lenders and donors to support the preservation of affordable working farms, the development of affordable housing, and the implementation of other socially beneficial and environmentally sustainable projects. The fund added five new projects in 2023. The current porfolio as of the end of the year included thirty-four projects representing the full range of the fund's mission.
Education and technical assistance to existing and emerging community land trusts with a mission to hold and steward land for permanently affordable housing, food production, local enterprises, and/or community space; support for groups engaged in development of complementary strategies for community stewardship of land and property.
Education and technical assistance to promote the establishment and sustainability of environmentally sound farms that benefit their local communities. Support access to farmland for historically marginalized people and communities and the permanent protection of farmland and farm infrastructure and their affordability for working farmers. In 2023, Equity Trust's work focused on farm land access for farm workers and immigrant farmers; guidance to land trusts and land owners on innovative strategies for protecting and stewarding working farms; and responding to assistance requests from community groups, farmers, land owners, and land trusts from around the country.
Property stewardship: Equity Trust owns and stewards permanently preserved and affordable farm properties in new york and new hampshire, holds conservation easements permanently protecting farm properties in California and Massachusetts, and supports affordable housing by stewarding land and holding affordability restrictions in Massachusetts and Connecticut.

Who funds Equity Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Novo FoundationGeneral Support$150,000
Novo FoundationGeneral Support$150,000
Claneil FoundationGeneral Operating$65,000
...and 5 more grants received

Personnel at Equity Trust

NameTitleCompensation
Jim OldhamExecutive Director
Terry GibsonProject Manager
Rob Crowner, LoanLoan Fund Manager
James OldhamPast Executive Director$64,164
Scott ReedBoard President$0
...and 6 more key personnel

Financials for Equity Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$439,713
Program services$136,179
Investment income and dividends$19,975
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$595,867

Form 990s for Equity Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-08990View PDF
2022-122023-05-26990View PDF
2021-122022-07-05990View PDF
2020-122021-09-01990View PDF
2019-122020-12-23990View PDF
...and 10 more Form 990s
Data update history
August 28, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 7, 2024
Updated personnel
Identified 2 new personnel
January 1, 2024
Received grants
Identified 3 new grant, including a grant for $65,000 from Claneil Foundation
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $150,000 from Novo Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Arts, cultural, and humanitiesHuman servicesHousing
Characteristics
Conservation easementTax deductible donationsAccepts online donations
General information
Address
PO Box 746
Amherst, MA 01004
Metro area
Springfield, MA
County
Hampshire County, MA
Website URL
equitytrust.org/ 
Phone
(413) 256-6161
IRS details
EIN
06-1337421
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L00: Housing, Shelter: General
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Reporting Incomplete
FTB status revoked
Not revoked
AG Registration Number
CT0234336
FTB Entity ID
1928854
AB 488 data last updated ("as-of") date
2024-10-16
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