Totals
- Total revenue
- $3,768,932
- Total expenses
- $1,552,815
- Contributions and grants received
- $3,106,593
- Grants paid
- $0
- Program service revenue
- $71,643
- Investment income
- $409,444
- Other revenue
- $181,252
- Total assets, end of year
- $20,238,649
- Total liabilities, end of year
- $8,147,968
- Net assets or fund balances, end of year
- $12,090,681
- Program services expenses (Part IX)
- $873,635
- Management and general expenses
- $520,839
- Fundraising expenses
- $158,341
- Program service expenses (Part III)
- $873,635
Program services were 56.3% 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)
$1,365,313
-
1f · All other contributions, gifts and grants
$1,741,280
-
1g · Noncash contributions included above
$1,201,789
-
2a · Program service revenue: RESIDENT STEWARDSHIP F
total $61,643 · related or exempt $61,643
-
2b · Program service revenue: DEVELOPMENT FEES
total $10,000 · related or exempt $10,000
-
3 · Investment income
total $96,543 · excluded $96,543
-
7a · Gross sales of assets other than inventory
other assets $351,806
-
7b · Less cost or other basis and sales expenses
other assets $38,905
-
7c · Gain or loss
other assets $312,901
-
7d · Net gain or loss
total $312,901 · excluded $312,901
-
11a · Other revenue: OTHER INCOME
total $181,252 · related or exempt $181,252
-
11e · Other revenue, total
$181,252
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $185,000 · program services $127,650 · management and general $40,408 · fundraising $16,942
-
7 · Other salaries and wages
total $145,916 · program services $100,682 · management and general $31,871 · fundraising $13,363
-
8 · Pension plan contributions
total $19,439 · program services $13,413 · management and general $4,246 · fundraising $1,780
-
9 · Other employee benefits
total $21,284 · program services $14,686 · management and general $4,649 · fundraising $1,949
-
10 · Payroll taxes
total $42,713 · program services $29,472 · management and general $9,329 · fundraising $3,912
-
11c · Fees: accounting
total $137,106 · management and general $137,106
-
11g · Fees: other
total $264,863 · program services $79,621 · management and general $132,315 · fundraising $52,927
-
12 · Advertising and promotion
total $8,598 · program services $5,933 · management and general $1,878 · fundraising $787
-
13 · Office expenses
total $8,150 · program services $5,624 · management and general $1,780 · fundraising $746
-
14 · Information technology
total $294 · program services $203 · management and general $64 · fundraising $27
-
16 · Occupancy
total $2,679 · program services $1,849 · management and general $585 · fundraising $245
-
19 · Conferences, conventions and meetings
total $3,272 · program services $2,186 · management and general $765 · fundraising $321
-
20 · Interest
total $10,551 · program services $7,280 · management and general $2,305 · fundraising $966
-
22 · Depreciation, depletion and amortization
total $175 · program services $121 · management and general $38 · fundraising $16
-
23 · Insurance
total $249,291 · program services $172,011 · management and general $54,450 · fundraising $22,830
-
24a · Other expenses: MISCELLANEOUS EXPENSE
total $370,744 · program services $255,813 · management and general $80,978 · fundraising $33,953
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $32,410 · program services $22,363 · management and general $7,079 · fundraising $2,968
-
24c · Other expenses: BAD DEBT EXPENSE
total $20,182 · program services $13,926 · management and general $4,408 · fundraising $1,848
-
24d · Other expenses: MEMBERSHIP & SUBSCRIPTI
total $13,060 · program services $9,011 · management and general $2,853 · fundraising $1,196
-
24e · All other expenses
total $17,088 · program services $11,791 · management and general $3,732 · fundraising $1,565
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,443,624 · end of year $1,371,394
-
2 · Savings and temporary cash investments
beginning of year $1,005,724 · end of year $2,819,927
-
4 · Accounts receivable
beginning of year $732,915 · end of year $165,710
-
9 · Prepaid expenses and deferred charges
beginning of year $3,874 · end of year $3,874
-
10a · Land, buildings and equipment: cost or other basis
$8,183,570
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $7,144,048 · end of year $8,183,570
-
15 · Other assets
beginning of year $708,417 · end of year $7,694,174
-
17 · Accounts payable and accrued expenses
beginning of year $149,864 · end of year $239,299
-
19 · Deferred revenue
beginning of year $6,695 · end of year $608,120
-
23 · Secured mortgages and notes payable
beginning of year $2,676,643 · end of year $6,074,412
-
25 · Other liabilities
beginning of year $3,910 · end of year $1,226,137
-
27 · Net assets without donor restrictions
beginning of year $3,725,732 · end of year $4,927,105
-
28 · Net assets with donor restrictions
beginning of year $6,475,758 · end of year $7,163,576
Mission and programs · 2023
Mission
THE MISSION OF THE ATLANTA LAND TRUST (ALT) 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.
Activities or mission (Part I)
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.
-
THE ATLANTA LAND TRUST COLLABORATES WITH COMMUNITIES TO CO-CREATESOLUTIONS TO THEIR AFFORDABLE HOUSING CHALLENGES WITH THE GOAL OFCREATING 300 PERMANENTLY AFFORDABLE, ENERGY-EFFICIENT HOMES BY2025. IN 2022 ALT CONTINUED TO ADVANCE THE DEVELOPMENT OF THREEAFFORDABLE TOWNHOME COMMUNITIES: 1091 TUCKER AVENUE, 1024 DONNELLYAVENUE AND 697 FAYETTEVILLE ROAD. IN 2023, ALT COMMENCEDCONSTRUCTION ON PHASE 1 OF 1091 TUCKER AVENUE, CLOSED ON THEACQUISITION AND FINANCING OF THE 2-ACRE SITE AT 697 FAYETTEVILLEROAD AND COMPLETED REZONING AND ENTITLEMENTS FOR 1024 DONNELLYAVENUE.IN TOTAL THESE PROJECTS WILL CREATE 120 NEW TOWNHOME UNITS OF WHICH 90 WILL BE PERMANENTLY AFFORDABLE. ALT AS ALSO BEEN WORKING TO GROW ITS PORTFOLIO OF SCATTERED-SITE SINGLE FAMILY HOMES AND HIRED A NEW STAFF MEMBER TO OVERSEE THIS WORK. AT THE END OF 2023, ALT'S PORTFOLIO OF OCCUPIED HOMES TOTALED 20 UNITS AND ITS PIPELINE HAS GROWN TO APPROXIMATELY 300 UNITS WHICH ARE EXPECTED TO BE DELIVERED WITHIN THE NEXT SEVERAL YEARS.
Expenses $873,635
-
THE ATLANTA LAND TRUST STRIVES TO BE A COMMUNITY-CENTERED 'TRUSTEDPARTNER' WITH A PROVEN MODEL AND CAPACITY TO PARTNER WITHCOMMUNITIES. WE WORKED TO EXPAND AWARENESS AND UNDERSTANDING OFALT AND THE COMMUNITY LAND TRUST MODEL SO THAT ALT WILL BERECOGNIZED AS THE GO-TO ORGANIZATION FOR PERMANENTLY AFFORDABLEHOUSING IN ATLANTA. IN 2023 ALT HOSTED 11 MONTHLY COMMUNITYINFORMATION SESSIONS AND ATTENDED OVER 100 COMMUNITY MEETINGS.THROUGH THESE ACTIVITIES WE HAVE BEEN ABLE TO GROW OUR PIPELINE OF HOMEBUYERS TO OVER 400 PEOPLE. ALT ALSO HELD POST-PURCHASE EDUCATIONAL PROGRAMMING FOR HOMEOWNERS, INCLUDING AN ESTATE PLANNING WORKSHOP, AND HOSTED TWO CONTINUING EDUCATION CLASSES FOR REAL ESTATE AGENTS.
Revenue $252,895
-
THE ATLANTA LAND TRUST WORKS TO CREATE A FAVORABLE ENVIRONMENT FORCLT DEVELOPMENT BY ADVOCATING FOR SUPPORTIVE LONG-TERM AFFORDABLEHOUSING POLICY AND FUNDING. ALT WORKED TO DRAFT LEGISLATION TO BEINTRODUCED AT THE STATE LEVEL PROVIDING NONPROFIT ORGANIZATIONSPROPERTY TAX EXEMPTIONS.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
AMANDA RHEIN
EXECUTIVE DIRECTOR
- Total calculated
- $208,052
- From this org
- $185,000
- From related orgs
- $0
- Other
- $23,052
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $178,500
- Bonus
- $6,500
- Other
- $0
- Deferred
- $11,417
- Nontaxable benefits
- $11,635
- Filer's total
- $208,052
-
CASS BREWER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
DAWN ARNOLD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JIM SCHRODER
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
ROB BRAWNER
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
KYLE LAMONT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
MAKEISHA ROBEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
TARA MITCHELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
SULE CARPENTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
ANDY SCHNEGGENBURGER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
KARIM SHARIFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
TERRI BLOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
WESLEY BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHANEL ZEISEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
LISA BENNETT
DIRECTOR
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
-
ALT 602 HOPE STREET LLC
LAND ACQUISITION · GA · assets $187,700
-
ALT TUCKER AVENUE LLC
CONSTRUCTION · GA · assets $2,043,738
-
ALT FAYETTEVILLE LLC
LAND · GA · assets $3,850,000
-
URBAN REALTY DONNELLY PARTNERS LLC
LAND · GA · assets $0
-
THE AVENUE AT OAKLAND CITY LLC
LAND · GA · assets $0
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521219349300937
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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