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EIN 83-4461699

Somerville Community Land Trust

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Somerville
State
Massachusetts
Year formed
2019
Most recent tax filings
2023-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
The Somerville Community Land Trust promotes neighborhood stability and engagement by creating and preserving permanently affordable housing for low-income residents. They achieve this by offering deeply subsidized homeownership opportunities and developing innovative methods.
Total revenues
$57,238
2023
Total expenses
$217,626
2023
Total assets
$1,084,923
2023
Num. employees
1
2023

Program areas at Somerville Community Land Trust

Sclt promotes neighborhood stability and engagement through the creation & preservation of permanently affordable housing by offering deeply subsidized homeownership opportunities to low-income residents. Additionally, sclt works to develop innovative methods to increase homeownership, and empowers low- and moderate-income people along with those who share its vision of Community control of Land by fostering stewardship of perpetually affordable homeownership and rental housing and providing supportive services.

Who funds Somerville Community Land Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$6,000

Personnel at Somerville Community Land Trust

NameTitleCompensation
Benjamin BaldwinExecutive Director$8,633
Miranda StromingerPast Executive Director$42,756
Jill ArnoldBoard Member$0
Michael GintzClerk$0

Financials for Somerville Community Land Trust

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,124,958
Program services$2,000
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,069,720
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$57,238

Form 990s for Somerville Community Land Trust

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122024-02-15990View PDF
Data update history
July 11, 2024
Updated personnel
Identified 12 new personnel
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
May 22, 2024
Updated personnel
Identified 8 new personnel
May 20, 2024
Used new vendors
Identified 1 new vendor, including
May 10, 2023
Received grants
Identified 1 new grant, including a grant for $7,000 from Dudley Street Neighborhood Initiative (DSNI)
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
337 Broadway
Somerville, MA 02145
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
somervillecommunitylandtrust.org/ 
Phone
(857) 756-5104
IRS details
EIN
83-4461699
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
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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