Form 990 for tax year 2022
Filed by COMMUNITY LAND TRUST ASSOCIATION OF WEST MARIN.
Totals
- Total revenue
- $1,524,604
- Total expenses
- $1,155,252
- Contributions and grants received
- $1,197,943
- Grants paid
- $0
- Program service revenue
- $324,815
- Investment income
- $1,846
- Other revenue
- $0
- Total assets, end of year
- $9,493,461
- Total liabilities, end of year
- $3,195,451
- Net assets or fund balances, end of year
- $6,298,010
- Program services expenses (Part IX)
- $809,820
- Management and general expenses
- $145,618
- Fundraising expenses
- $199,814
- Program service expenses (Part III)
- $809,820
Program services were 70.1% 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)
$143,461
-
1f · All other contributions, gifts and grants
$1,054,482
-
1g · Noncash contributions included above
$5,060
-
2a · Program service revenue: OTHER
total $10,752 · related or exempt $10,752
-
2b · Program service revenue: RENTALS AFFORDABLE HOUSNG
total $314,063 · related or exempt $314,063
-
3 · Investment income
total $1,846 · excluded $1,846
-
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 $0
-
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 $123,620 · program services $112,494 · management and general $4,945 · fundraising $6,181
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $407,919 · program services $215,047 · management and general $57,960 · fundraising $134,912
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $30,088 · program services $15,051 · management and general $4,491 · fundraising $10,546
-
10 · Payroll taxes
total $40,844 · program services $24,915 · management and general $4,901 · fundraising $11,028
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,920 · program services $2,720 · management and general $200
-
11c · Fees: accounting
total $58,904 · management and general $58,904
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $25,933 · program services $20,626 · management and general $4,629 · fundraising $678
-
12 · Advertising and promotion
total $10,320 · program services $3,025 · fundraising $7,295
-
13 · Office expenses
total $17,292 · program services $10,992 · management and general $1,938 · fundraising $4,362
-
14 · Information technology
total $808 · management and general $808
-
15 · Royalties
total $0
-
16 · Occupancy
total $41,157 · program services $31,884 · management and general $2,853 · fundraising $6,420
-
17 · Travel
total $256 · management and general $256
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $1,991 · management and general $1,991
-
20 · Interest
total $56,827 · program services $56,827
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $95,006 · program services $94,627 · management and general $379
-
23 · Insurance
total $14,444 · program services $12,547 · management and general $584 · fundraising $1,313
-
24a · Other expenses: PROPERTY MANAGEMENT
total $114,289 · program services $114,289
-
24b · Other expenses: PROJECT DEVELOPMENT
total $64,972 · program services $64,972
-
24c · Other expenses: EVENTS EXPENSES
total $17,760 · program services $2,196 · fundraising $15,564
-
24d · Other expenses: MAINTENANCE & REPAIRS
total $12,215 · program services $12,215
-
24e · All other expenses
total $17,687 · program services $15,393 · management and general $779 · fundraising $1,515
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,580,616 · end of year $1,552,274
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $23,036 · end of year $305,167
-
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 $8,660 · end of year $35,539
-
10a · Land, buildings and equipment: cost or other basis
$8,165,504
-
10b · Land, buildings and equipment: accumulated depreciation
$760,663
-
10c · Land, buildings and equipment, net
beginning of year $5,742,011 · end of year $7,404,841
-
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 $5,890 · end of year $5,310
-
15 · Other assets
beginning of year $152,304 · end of year $155,330
-
17 · Accounts payable and accrued expenses
beginning of year $89,999 · end of year $94,702
-
23 · Secured mortgages and notes payable
beginning of year $2,507,760 · end of year $3,079,549
-
25 · Other liabilities
beginning of year $21,100 · end of year $21,200
-
27 · Net assets without donor restrictions
beginning of year $3,618,742 · end of year $4,231,882
-
28 · Net assets with donor restrictions
beginning of year $2,309,916 · end of year $2,066,128
Mission and programs · 2022
Mission
the mission of the community land trust association of west marin is to provide stable and permanently affordable housing in an environmentally responsible way in the communities surrounding tomales bay. as a community land trust, clam holds land and housing in trust for the community in perpetuity while creating housing that working people can afford.
-
In 2022, CLAM provided ongoing management and stewardship of its rental properties that provide 18 affordable rentals in the West Marin area. We provide housing to 30 renters in 18 rental housing units and two affordable ownership homes. Significant improvements were made on two rental apartment buildings CLAM owns - the Mesa Apts and Ocean Terrace.
Expenses $589,070 · Revenue $324,815
-
In 2022, CLAM continued our work to secure Pt. Reyes Coast Guard housing site to provide 54 units of rental housing. 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 which is planned to be leased up in 2027. This project planning submission was deemed substantially complete and the project has moved into the CEQA or environmental phase of permitting which is expected to last until the end of 2024.
Expenses $174,638
-
In 2022, CLAMs Real Community Rentals Program provided assessments for homeowners that want to add additional units of housing. Due to financial hardships created by the pandemic, CLAM continued to operate a Resilience Fund to provide direct rental assistance to CLAMs residents who needed it due to significant income loss.
Expenses $46,112
As filed on the 2022 return.
Listed in Part VII
-
Pam DorrPAM DORR
Executive Dir.
- Total calculated
- $123,620
- From this org
- $112,611
- From related orgs
- $0
- Other
- $11,009
- Hours/week
- 40
-
Pamela WrightPAMELA WRIGHT
President
- Total calculated
- $0
- Hours/week
- 8
-
Carol WhitmanCAROL WHITMAN
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Maureen CorneliaMAUREEN CORNELIA
Trustee
- Total calculated
- $0
- Hours/week
- 3
-
Susan BraytonSUSAN BRAYTON
Trustee
- Total calculated
- $0
- Hours/week
- 3
-
Steve AntonarosSTEVE ANTONAROS
Trustee
- 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
-
Susan ScottSUSAN SCOTT
Trustee
- Total calculated
- $0
- Hours/week
- 3
-
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
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.
-
OCEAN TERRACE LLC
RENTAL PROPERTY · CA · income $167,625 · assets $2,625,623
Directly controlled by COMMUNITY LAND TRUST ASSOC OF WEST MARIN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 4 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312479349300516
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