Form 990 for tax year 2022
Filed by ELEVATION COMMUNITY LAND TRUST.
Totals
- Total revenue
- $12,223,973
- Total expenses
- $5,922,826
- Contributions and grants received
- $11,165,121
- Grants paid
- $0
- Program service revenue
- $2,640,449
- Investment income
- -$1,581,597
- Other revenue
- $0
- Total assets, end of year
- $67,907,518
- Total liabilities, end of year
- $39,999,190
- Net assets or fund balances, end of year
- $27,908,328
- Program services expenses (Part IX)
- $5,184,481
- Management and general expenses
- $566,417
- Fundraising expenses
- $171,928
- Program service expenses (Part III)
- $5,184,481
Program services were 87.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
JOSE ESPARZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KAREN FOX ELWELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
ANNE GARCIA
VICE CHAIR & TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
SHANNON GIFFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TOM GOUGEON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SUSAN POWERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
DAVE YOUNGGREN
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
KELLY EVANS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CAMELLIA FLETCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RODNEY MILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
STEFKA FANCHI
PRESIDENT AND CEO
- Total calculated
- $241,785
- From this org
- $184,993
- From related orgs
- $0
- Other
- $56,792
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $182,535
- Bonus
- $0
- Other
- $2,458
- Deferred
- $13,494
- Nontaxable benefits
- $43,298
- Filer's total
- $241,785
-
ROBIN HICKEY
CHIEF FINANCIAL OFFICER
- Total calculated
- $173,100
- From this org
- $159,226
- From related orgs
- $0
- Other
- $13,874
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $153,768
- Bonus
- $3,000
- Other
- $2,458
- Deferred
- $11,338
- Nontaxable benefits
- $2,536
- Filer's total
- $173,100
-
LAUREN DEBELL
CHIEF STRATEGY OFFICER
- Total calculated
- $156,652
- From this org
- $134,526
- From related orgs
- $0
- Other
- $22,126
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $133,276
- Bonus
- $1,250
- Other
- $0
- Deferred
- $9,511
- Nontaxable benefits
- $12,615
- Filer's total
- $156,652
-
BARBARA NAVIN
VICE PRESIDENT OF STEWARDSHIP
- Total calculated
- $155,008
- From this org
- $139,423
- From related orgs
- $0
- Other
- $15,585
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $138,256
- Bonus
- $1,167
- Other
- $0
- Deferred
- $6,045
- Nontaxable benefits
- $9,540
- Filer's total
- $155,008
-
DAVID OGUNSANYA
VICE PRESIDENT OF REAL ESTATE
- Total calculated
- $152,307
- From this org
- $120,041
- From related orgs
- $0
- Other
- $32,266
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $116,586
- Bonus
- $1,167
- Other
- $2,288
- Deferred
- $8,764
- Nontaxable benefits
- $23,502
- Filer's total
- $152,307
-
TIANA PATTERSON
VP SOCIAL IMPACT & WEALTH EQUITY
- Total calculated
- $149,271
- From this org
- $111,148
- From related orgs
- $0
- Other
- $38,123
- 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. 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 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 7 · Other non-fixed payments
Answered no
- 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
The filer's explanations (Part III)
- PART I, LINE 4A
- BARBARA NAVIN RECIEVED $55,000 IN SEVERANCE.
- PART I, LINE 7
- THE CEO'S BONUS IS DETERMINED BY THE EXECUTIVE COMMITTEE. THE CEO DETERMINES THE BONUSES OF THE REST OF THE STAFF (INCLUDING SENIOR LEADERSHIP AS OUTLINED IN THE COMPENSATION POLICY), IN CONSULTATION WITH THEIR SUPERVISORS, BASED ON INDIVIDUAL AND OVERALL ORGANIZATIONAL PERFORMANCE AND THE AVAILABILITY OF FUNDS. IN ALL CASES, BONUSES ARE CONSIDERED AS PART OF THE ANNUAL EMPLOYEE EVALUATION PROCESS AND ARE EVALUATED FOR REASONABLENESS USING LOCAL SALARY SURVEYS FOR THE NONPROFIT AND RELATED INDUSTRIES.
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.
-
HOLD PROPERTY · CO · income $2,078 · assets $629,000
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $354,786 · assets $4,421,812
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $0 · assets $937,720
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $31,200 · assets $3,360,000
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $32,600 · assets $1,073,072
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $0 · assets $915,000
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $5,931 · assets $1,509,824
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $350,397 · assets $5,488,767
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $26,124 · assets $1,525,000
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
ECLT ILIFF STATION COMMONS LLC
HOLD PROPERTY · CO · income $0 · assets $799,312
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $2,838,930 · assets $1,847,094
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $0 · assets $0
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $1,422,981 · assets $11,228,769
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $68,571 · assets $1,440,564
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $69,188 · assets $1,452,273
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $686,767 · assets $2,023,503
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $109,183 · assets $2,419,134
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $4,621,181 · assets $8,760,981
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $70,479 · assets $1,901,667
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $37,295 · assets $1,162,518
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
ECLT WELTON COMMONS LLC
HOLD PROPERTY · CO · income $0 · assets $0
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $1,953 · assets $667,726
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $1,201,005 · assets $5,601,918
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
HOLD PROPERTY · CO · income $39,174 · assets $214,300
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
TENNYSON CLT LLC
HOLD PROPERTY · CO · income $0 · assets $1,526,146
Directly controlled by ELEVATION COMMUNITY LAND TRUST
-
ELEVATION COMMUNITY LAND TRUST LLC
COMMUNITY LAND TRUST · CO · income $1,563,466 · assets $7,001,418
Directly controlled by ELEVATION COMMUNITY LAND TRUST
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303189349311200
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