Form 990 for tax year 2024
Filed by COMMUNITY LAND TRUST ASSOCIATION OF WEST MARIN.
Totals
- Total revenue
- $1,312,440
- Total expenses
- $1,335,001
- Contributions and grants received
- $901,700
- Grants paid
- $81,000
- Program service revenue
- $379,206
- Investment income
- $31,534
- Other revenue
- $0
- Total assets, end of year
- $11,493,368
- Total liabilities, end of year
- $3,763,387
- Net assets or fund balances, end of year
- $7,729,981
- Program services expenses (Part IX)
- $994,006
- Management and general expenses
- $223,214
- Fundraising expenses
- $117,781
- Program service expenses (Part III)
- $994,006
Program services were 74.5% 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
$901,700
-
1g · Noncash contributions included above
$5,258
-
2a · Program service revenue: OTHER
total $2,216 · related or exempt $2,216
-
2b · Program service revenue: RENTALS AFFORDABLE HOUSNG
total $376,990 · related or exempt $376,990
-
3 · Investment income
total $31,534 · excluded $31,534
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $81,000 · program services $81,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $112,658 · program services $102,519 · management and general $10,139
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $358,349 · program services $225,607 · management and general $70,354 · fundraising $62,388
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $26,331 · program services $16,086 · management and general $5,356 · fundraising $4,889
-
10 · Payroll taxes
total $36,305 · program services $25,127 · management and general $6,267 · fundraising $4,911
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $10,137 · program services $10,137
-
11c · Fees: accounting
total $57,510 · management and general $57,510
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $82,542 · program services $21,375 · management and general $60,772 · fundraising $395
-
12 · Advertising and promotion
total $41,894 · program services $12,764 · fundraising $29,130
-
13 · Office expenses
total $15,496 · program services $11,425 · management and general $2,282 · fundraising $1,789
-
14 · Information technology
total $479 · program services $479
-
15 · Royalties
total $0
-
16 · Occupancy
total $60,547 · program services $53,036 · management and general $4,211 · fundraising $3,300
-
17 · Travel
total $4,139 · program services $1,952 · management and general $1,794 · fundraising $393
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $52,913 · program services $52,913
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $129,666 · program services $129,666
-
23 · Insurance
total $26,492 · program services $23,749 · management and general $1,538 · fundraising $1,205
-
24a · Other expenses: PROPERTY MANAGEMENT
total $150,671 · program services $150,671
-
24b · Other expenses: PROJECT DEVELOPMENT
total $50,052 · program services $50,052
-
24c · Other expenses: EVENTS EXPENSES
total $20,000 · program services $10,920 · fundraising $9,080
-
24d · Other expenses: IN KIND EXPENSES
total $5,258 · program services $5,258
-
24e · All other expenses
total $12,562 · program services $9,270 · management and general $2,991 · fundraising $301
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $730,444 · end of year $1,658,571
-
2 · Savings and temporary cash investments
beginning of year $1,023,720 · end of year $1,084,865
-
3 · Pledges and grants receivable
beginning of year $598,743 · end of year $29,189
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $35,000 · end of year $35,000
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $38,068 · end of year $45,555
-
10a · Land, buildings and equipment: cost or other basis
$9,370,128
-
10b · Land, buildings and equipment: accumulated depreciation
$1,011,509
-
10c · Land, buildings and equipment, net
beginning of year $8,423,939 · end of year $8,358,619
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $11,848 · end of year $10,701
-
15 · Other assets
beginning of year $182,965 · end of year $270,868
-
17 · Accounts payable and accrued expenses
beginning of year $88,093 · end of year $114,655
-
23 · Secured mortgages and notes payable
beginning of year $3,131,264 · end of year $3,593,828
-
25 · Other liabilities
beginning of year $72,828 · end of year $54,904
-
27 · Net assets without donor restrictions
beginning of year $5,543,279 · end of year $5,273,205
-
28 · Net assets with donor restrictions
beginning of year $2,209,263 · end of year $2,456,776
Mission and programs · 2024
Mission
CLAM strengthens communities in West Marin through the creation and stewardship of permanently affordable homes.We envision a diverse West Marin community where people have a secure place to call home.
-
In 2024, CLAM provided ongoing management and stewardship of its rental properties that provide 20 affordable rentals in the West Marin area. We provided housing to 40 renters in 20 rental housing units and three affordable ownership homes. Significant improvements were made on two rental apartment buildings CLAM owns - the Mesa Apts and Ocean Terrace.
Expenses $899,636 · Grants $81,000 · Revenue $379,206
-
In 2024, CLAM continued our work to secure the Coast Guard Neighborhood Project in Point Reyes Station to provide 54 units of rental housing to over 180 residents. CLAM and co-development partner Eden Housing worked with our design team, including architects, and a consulting General Contractor, and septic engineers to complete the planning submission portion of the low-income housing tax credit project. This project planning submission was deemed substantially complete and the project comlpeted the CEQA phase of environmental review, as well as secured planning entitlements and a use permit.
Expenses $58,044
-
Martinelli Ranch/Displaced Families-2024 Marked the start of CLAMs work assisting displaced families. CLAM began the process of investigating potential property acquisitions for the purpose of rehousing soon to be displaced ranch families. CLAM received funding from Marin Community Foundation to perform an Interim Housing Feasibility Study, reviewing more than 30 local sites to assess for lease or acquisition.
Expenses $36,326
As filed on the 2024 return.
Listed in Part VII
-
Laura J GiacominiLAURA J GIACOMINI
DEVELOPMENT DIRECT
- Total calculated
- $135,069
- From this org
- $126,569
- From related orgs
- $0
- Other
- $8,500
- Hours/week
- 40
-
Jarrod RussellJARROD RUSSELL
Ex Dir 6/5/24-
- Total calculated
- $78,116
- From this org
- $70,364
- From related orgs
- $0
- Other
- $7,752
- Hours/week
- 40
-
Pam DorrPAM DORR
Ex Dir -6/5/24
- Total calculated
- $34,542
- From this org
- $32,481
- From related orgs
- $0
- Other
- $2,061
- Hours/week
- 40
-
Pamela WrightPAMELA WRIGHT
President
- Total calculated
- $0
- Hours/week
- 8
-
Sarah MyersSARAH MYERS
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Cathleen Dorinson
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Nicole BartoliniNICOLE BARTOLINI
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Lynn GiacominiLYNN GIACOMINI
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Steve AntonarosSTEVE ANTONAROS
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Angela MotaANGELA MOTA
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Bob HoughtelingBOB HOUGHTELING
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Jorge MartinezJORGE MARTINEZ
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Jelani Bertoni
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Daniel Cordrey
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Joe Gillach
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Stephen Horvat
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Jonathan Barajas
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Elvira XaxniELVIRA XAXNI
Trustee
- Total calculated
- $0
- Hours/week
- 2
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
-
$81,000
Promote Clean Local Energy
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.
-
OCEAN TERRACE LLC
RENTAL PROPERTY · CA · income $213,405 · assets $2,633,046
Directly controlled by COMMUNITY LAND TRUST ASSOC OF WEST MARIN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 28 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503019349301770
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