Totals
- Total revenue
- $487,044
- Total expenses
- $557,489
- Contributions and grants received
- $421,707
- Grants paid
- $113,496
- Program service revenue
- $51,970
- Investment income
- $13,367
- Other revenue
- $0
- Total assets, end of year
- $2,782,653
- Total liabilities, end of year
- $2,604,738
- Net assets or fund balances, end of year
- $177,915
- Program services expenses (Part IX)
- $429,361
- Management and general expenses
- $74,955
- Fundraising expenses
- $53,173
- Program service expenses (Part III)
- $429,361
Program services were 77.0% 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.
-
1e · Government grants (contributions)
$143,066
-
1f · All other contributions, gifts and grants
$278,641
-
2a · Program service revenue: Rental Income
total $51,970 · related or exempt $51,970
-
3 · Investment income
total $13,367 · excluded $13,367
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $113,496 · program services $113,496
-
7 · Other salaries and wages
total $290,985 · program services $212,005 · management and general $44,351 · fundraising $34,629
-
8 · Pension plan contributions
total $5,604 · program services $4,083 · management and general $854 · fundraising $667
-
9 · Other employee benefits
total $8,114 · program services $5,911 · management and general $1,237 · fundraising $966
-
10 · Payroll taxes
total $22,058 · program services $16,071 · management and general $3,362 · fundraising $2,625
-
11b · Fees: legal
total $10,285 · program services $6,461 · management and general $3,403 · fundraising $421
-
11c · Fees: accounting
total $19,837 · program services $12,461 · management and general $6,564 · fundraising $812
-
11e · Fees: professional fundraising services
total $1,650 · fundraising $1,650
-
11g · Fees: other
total $14,257 · program services $8,895 · management and general $529 · fundraising $4,833
-
12 · Advertising and promotion
total $11,982 · program services $6,345 · fundraising $5,637
-
13 · Office expenses
total $6,523 · program services $4,655 · management and general $1,522 · fundraising $346
-
16 · Occupancy
total $7,627 · program services $5,339 · management and general $1,907 · fundraising $381
-
17 · Travel
total $3,669 · management and general $3,669
-
19 · Conferences, conventions and meetings
total $3,107 · management and general $3,107
-
23 · Insurance
total $12,415 · program services $8,470 · management and general $3,945
-
24a · Other expenses: Repairs and Maintenance
total $24,519 · program services $24,519
-
24b · Other expenses: Program supplies
total $650 · program services $650
-
24c · Other expenses: Governance expenses
total $505 · management and general $505
-
24d · Other expenses: Membership dues
total $206 · fundraising $206
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $381,665 · end of year $38,892
-
2 · Savings and temporary cash investments
end of year $268,368
-
3 · Pledges and grants receivable
beginning of year $87,029
-
4 · Accounts receivable
beginning of year $6,775 · end of year $69,472
-
9 · Prepaid expenses and deferred charges
beginning of year $5,507 · end of year $4,911
-
10a · Land, buildings and equipment: cost or other basis
$2,369,299
-
10c · Land, buildings and equipment, net
beginning of year $2,369,299 · end of year $2,369,299
-
13 · Investments: program-related
beginning of year $28,750 · end of year $28,750
-
15 · Other assets
beginning of year $10,069 · end of year $2,961
-
17 · Accounts payable and accrued expenses
beginning of year $33,439 · end of year $4,725
-
25 · Other liabilities
beginning of year $2,607,295 · end of year $2,600,013
-
27 · Net assets without donor restrictions
beginning of year $118,066 · end of year $88,820
-
28 · Net assets with donor restrictions
beginning of year $130,294 · end of year $89,095
Mission and programs · 2024
Mission
MACLT liberates land for the benefit of historically marginalized populations at the lowest incomes possible, preserving urban space for community use, and creating deeply and permanently affordable homeownership opportunities for those typically exploited by the housing market.
-
MADISON AREA COMMUNITY LAND TRUST PROVIDES ONGOING STEWARDSHIP OF 62 HOMES AND THE LAND UNDERNEATH THEM THAT ARE KEPT PERMANENTLY AFFORDABLE UNDER THE TERMS OF A GROUND LEASE AND/OR DECLARATION OF RESTRICTIVE COVENANTS WITH THE LAND TRUST. MACLT ALSO STEWARDS THE LAND UNDER 10 MARKET-RATE HOMES AS WELL AS CONSERVATION AND AGRICULTURAL LAND. AND MACLT HAS A MAINTENANCE SERVICES PROGRAM THAT INVOLVES OBTAINING GRANT FUNDING AND COORDINATING MAINTENANCE SERVICES TO THE LOW-INCOME HOMEOWNERS IN OUR HOMEOWNERSHIP PROGRAM.
Expenses $429,361 · Grants $113,496 · Revenue $51,970
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Karen von Huene
Board President
- Total calculated
- $0
- Hours/week
- 1.5
-
Beth Welch
Board Vice President
- Total calculated
- $0
- Hours/week
- 1.5
-
Evan Bonsall
Board Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Shaya Schreiber
Board Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Grace Coleman
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert Paolino
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
DaMontae January
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Eva Wingren
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Andy Heidt
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Olivia Williams
Executive Director
- Total calculated
- $114,967
- From this org
- $109,524
- From related orgs
- $0
- Other
- $5,443
- Hours/week
- 40
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533219349305673
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.