Atlanta Land Trust
Atlanta Land Trust
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About this organization
Mission
The mission of the Atlanta land Trust is to deliver and steward permanently affordable housing to support inclusive, equitable communities near the Atlanta BeltLine and other targeted areas in the city of Atlanta.
About
The primary focus for the Atlanta Land Trust in 2018 was building a sizable portfolio of permanently affordable housing. ALT was successful in cultivating relationships with for-profit and non-profit development partners who are committed to incorporating CLT units into their developments. At the end of 2018, ALT had 58 units in its pipeline which are expected to be delivered within the next year or two. ALT is pursuing three strategies for acquiring additional units, and will measure unit production within each of these: ALT-sponsored production -- Assemble land (or existing buildings) and partner with for-profit developers or regional nonprofit housing developers to complete construction (or rehabilitation) to ALT's standards. Municipally-sponsored production -- Position ALT to be the preferred buyer and long-term steward for affordably priced homes created through municipal mandate, municipal incentives or municipal investment. Fee-for-service stewardship -- Provide stewardship services on a fee-for-service for organizations that request ALT's assistance in marketing homes and maintaining the affordability, condition and security of those homes far into the future.
Interesting data from their 2019 990 filing
The purpose of the non-profit is outlined in the filing as “The mission of the atlanta land trust is to deliver and steward permanently affordable housing proximate to the atlanta beltline and other targeted areas in the city of atlanta. the alt will also create a favorable climate for community land trust development, strategically assemble land, and provide fee-for service stewardship to other entities”.
When discussing its operations, they were defined as: “To deliver and steward permanently affordable housing proximate to the atlanta beltline and other targeted areas in the city of atlanta.”.
- The state where the non-profit operates has been legally reported as GA.
- The filing indicates that the non-profit's address in 2019 is located at 112 KROG STREET 14, ATLANTA, GA, 30307.
- The non-profit has reported 2 employees on their form as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $230,615.
- The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 11 independent voting members.
- The organization was formed in 2009.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $65,713 in salary, compensation, and benefits to its employees.
- The organization pays $10,242 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has an excess benefit transaction.
- The organization's financial statements were reviewed by an accountant.
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