Totals
- Total revenue
- $636,417
- Total expenses
- $927,877
- Contributions and grants received
- $76,511
- Grants paid
- $0
- Program service revenue
- $241,434
- Investment income
- $294
- Other revenue
- $318,178
- Total assets, end of year
- $17,948,071
- Total liabilities, end of year
- $14,942,715
- Net assets or fund balances, end of year
- $3,005,356
- Program services expenses (Part IX)
- $798,079
- Management and general expenses
- $129,798
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $798,079
Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$76,511
-
2a · Program service revenue: In Kind Service
total $30,767 · related or exempt $30,767
-
2b · Program service revenue: Government Contracts
total $205,200 · related or exempt $205,200
-
2c · Program service revenue: MembershipElection
total $1,375 · related or exempt $1,375
-
2d · Program service revenue: Technical AssistTrain
total $4,092 · related or exempt $4,092
-
3 · Investment income
total $294 · related or exempt $294
-
6a · Gross rents
real property $617,053
-
6b · Less rental expenses
real property $324,387
-
6c · Rental income or loss
real property $292,666
-
6d · Net rental income or loss
total $292,666 · related or exempt $292,666
-
11a · Other revenue: Other Income
total $11,962 · related or exempt $11,962
-
11b · Other revenue: Rent relief
total $13,550 · related or exempt $13,550
-
11e · Other revenue, total
$25,512
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $203,188 · program services $203,188
-
11b · Fees: legal
total $7,328 · management and general $7,328
-
11c · Fees: accounting
total $52,815 · management and general $52,815
-
11g · Fees: other
total $47,904 · program services $15,594 · management and general $32,310
-
13 · Office expenses
total $27,818 · management and general $27,818
-
17 · Travel
total $1,742 · management and general $1,742
-
20 · Interest
total $307,055 · program services $307,055
-
22 · Depreciation, depletion and amortization
total $265,172 · program services $265,172
-
24a · Other expenses: Other Expenses
total $7,785 · management and general $7,785
-
24b · Other expenses: In Kind Service
total $7,070 · program services $7,070
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $636,380 · end of year $587,485
-
4 · Accounts receivable
beginning of year $219,260 · end of year $87,410
-
9 · Prepaid expenses and deferred charges
beginning of year $21,514 · end of year $16,314
-
10a · Land, buildings and equipment: cost or other basis
$18,000,939
-
10b · Land, buildings and equipment: accumulated depreciation
$754,419
-
10c · Land, buildings and equipment, net
beginning of year $15,060,090 · end of year $17,246,520
-
14 · Intangible assets
beginning of year $11,294 · end of year $10,342
-
17 · Accounts payable and accrued expenses
beginning of year $394,538 · end of year $231,072
-
22 · Loans and payables to officers and key people
beginning of year $152,000 · end of year $125,000
-
23 · Secured mortgages and notes payable
beginning of year $12,154,569 · end of year $14,515,660
-
25 · Other liabilities
beginning of year $59,350 · end of year $70,983
-
27 · Net assets without donor restrictions
beginning of year $3,140,210 · end of year $2,985,626
-
28 · Net assets with donor restrictions
beginning of year $47,871 · end of year $19,730
Mission and programs · 2023
Mission
Support and develop low-income affordable cooperative housing.
-
BACLT completed the renovation of two buildings and continued with the renovation of one building while actively preparing for the purchase of additional properties in Berkeley and Oakland for low-income housing. BACLT conducted several training workshops for low-income housing cooperatives and co-op elections for additional housing cooperatives. The organization actively participated in policy work to educate about community land trusts and housing cooperatives.
Expenses $798,079
As filed on the 2023 return.
Listed in Part VII
-
Theresa Parent
Organizational Director
- Total calculated
- $90,000
- From this org
- $90,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Marcia Caine Edelen
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Chao
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Wei Li King
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Michael Wharton
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Aja Fasah
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Stephen Barton
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Christine Hernandez
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
James Tracy
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Mary Lucas McDonald
President
- Total calculated
- $0
- Hours/week
- 5
-
Beth Youhn
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Kori Chen
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
Brown Shingle Mutual Housing LLC
cooperative housing · CA · income $90,059 · assets $1,419,712
Directly controlled by Bay Area Community Land Trust
-
cooperative housing · CA · income $61,402 · assets $1,256,823
Directly controlled by Bay Area Community Land Trust
-
affordable housing · CA · income $208,742 · assets $7,037,210
Directly controlled by Bay Area Community Land Trust
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441299349303934
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