Totals
- Total revenue
- $6,223,299
- Total expenses
- $697,939
- Contributions and grants received
- $6,183,185
- Grants paid
- $0
- Program service revenue
- $40,114
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $12,138,522
- Total liabilities, end of year
- $1,236,954
- Net assets or fund balances, end of year
- $10,901,568
- Program services expenses (Part IX)
- $384,572
- Management and general expenses
- $313,367
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $384,572
Program services were 55.1% 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.
-
1b · Membership dues
$871
-
1e · Government grants (contributions)
$142,151
-
1f · All other contributions, gifts and grants
$6,040,163
-
2a · Program service revenue: OTHER PROGRAM INCOME
total $38,914 · related or exempt $38,914
-
2b · Program service revenue: LAND LEASE PAYMENTS
total $1,200 · related or exempt $1,200
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $116,551 · program services $107,547 · management and general $9,004
-
7 · Other salaries and wages
total $111,492 · program services $102,572 · management and general $8,920
-
8 · Pension plan contributions
total $18,544 · program services $17,061 · management and general $1,483
-
9 · Other employee benefits
total $12,200 · program services $11,224 · management and general $976
-
10 · Payroll taxes
total $16,107 · program services $14,818 · management and general $1,289
-
11b · Fees: legal
total $5,959 · program services $5,933 · management and general $26
-
11c · Fees: accounting
total $40,625 · management and general $40,625
-
11g · Fees: other
total $15,499 · program services $13,440 · management and general $2,059
-
12 · Advertising and promotion
total $513 · program services $408 · management and general $105
-
13 · Office expenses
total $11,851 · program services $10,200 · management and general $1,651
-
16 · Occupancy
total $5,282 · program services $4,933 · management and general $349
-
17 · Travel
total $722 · program services $701 · management and general $21
-
19 · Conferences, conventions and meetings
total $157 · program services $157
-
20 · Interest
total $50,651 · program services $50,651
-
22 · Depreciation, depletion and amortization
total $1,084 · program services $1,030 · management and general $54
-
23 · Insurance
total $25,416 · program services $21,216 · management and general $4,200
-
24a · Other expenses: BAD DEBT
total $242,535 · management and general $242,535
-
24b · Other expenses: STEWARDSHIP
total $11,097 · program services $11,097
-
24c · Other expenses: LICENSES AND FEES
total $10,189 · program services $10,189
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $920 · program services $850 · management and general $70
-
24e · All other expenses
total $545 · program services $545
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $528,911 · end of year $6,047,338
-
3 · Pledges and grants receivable
beginning of year $48,680 · end of year $275,165
-
4 · Accounts receivable
beginning of year $3,804 · end of year $1,875
-
7 · Other notes and loans receivable
beginning of year $2,370,635 · end of year $2,128,100
-
9 · Prepaid expenses and deferred charges
end of year $2,475
-
10a · Land, buildings and equipment: cost or other basis
$3,610,800
-
10b · Land, buildings and equipment: accumulated depreciation
$1,246
-
10c · Land, buildings and equipment, net
beginning of year $2,967,835 · end of year $3,609,554
-
15 · Other assets
beginning of year $38,990 · end of year $74,015
-
17 · Accounts payable and accrued expenses
beginning of year $12,647 · end of year $17,698
-
23 · Secured mortgages and notes payable
beginning of year $570,000 · end of year $1,219,256
-
27 · Net assets without donor restrictions
beginning of year $5,150,608 · end of year $10,425,968
-
28 · Net assets with donor restrictions
beginning of year $225,600 · end of year $475,600
Mission and programs · 2023
Mission
TO PLANT THE ROOTS OF AFFORDABILITY, SECURITY, AND PROSPERITY FOR CURRENT AND FUTURE GENERATIONS. ENABLING THE INCLUSIVE AND EQUITABLE DEVELOPMENT AND PRESERVATION OF PERMANENTLY AFFORDABLE HOUSING, LOCAL SMALL BUSINESS, AND OTHER PUBLIC ASSETS THROUGH COMMUNITY OWNERSHIP OF LAND.
-
THE DOUGLASS COMMUNITY LAND TRUST (DOUGLASS CLT) IS A NONPROFIT MEMBERSHIP ORGANIZATION CENTERED AROUND RACIAL AND ECONOMIC EQUITY THAT WAS CREATED TO PREVENT DISPLACEMENT OF CURRENT AND FUTURE RESIDENTS, CREATE COMMUNITY-HELD ASSETS, AND BUILD ASSETS FOR INDIVIDUALS AND FAMILIES, WHILE ENSURING DECISION-MAKING RESIDES WITHIN THE COMMUNITY. FUNDAMENTALLY DOUGLASS CLT AIMS TO MAKE DC AN EQUITABLE PLACE WHERE EVERYONE CAN STAY AND THRIVE - AND SPECIFICALLY LOW-INCOME, BLACK AND BROWN RESIDENTS WHO HAVE CONTRIBUTED TO MAKING DC THE THRIVING COMMUNITY IT HAS BECOME, BUT HAVE NOT BENEFITTED FROM THE ECONOMIC PROSPERITY IN NEARLY THE SAME PROPORTION AS THEIR WHITE COUNTERPARTS. DOUGLASS CLT DRIVES TOWARD THIS EQUITY BY SECURING LASTING AFFORDABILITY OF RENTAL AND OWNERSHIP HOUSING, AS WELL AS LOCAL SMALL BUSINESS, THROUGH COMMUNITY OWNERSHIP OF LAND AND COLLECTIVE STEWARDSHIP.
Expenses $384,572 · Revenue $40,114
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Vaughn PerryVAUGHN PERRY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Jade Hall TinsleyJADE HALL TINSLEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Corzann SailerCORZANN SAILER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Keiva DennisKEIVA DENNIS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Sheldon ClarkSHELDON CLARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kiesha DavisKIESHA DAVIS
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Luwam KebadeLUWAM KEBADE
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Maybelle Taylor BennettMAYBELLE TAYLOR BENNETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Gwendolyn LoweryGWENDOLYN LOWERY
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Meche MartinezMECHE MARTINEZ
VICE PRESIDENT UNTIL AUGUST
- Total calculated
- $0
- Hours/week
- 1.5
-
Kymone FreemanKYMONE FREEMAN
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Houry KendoyanHOURY KENDOYAN
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Wanda LockridgeWANDA LOCKRIDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Michelle MitchellMICHELLE MITCHELL
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Brett Theodos PhDBRETT THEODOS PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Silvia SalazarSILVIA SALAZAR
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Coy McKinneyCOY MCKINNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Pauline MoorePAULINE MOORE
DIRECTOR
- Total calculated
- $500
- From this org
- $500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.5
-
Ginger RumphGINGER RUMPH
EXECUTIVE DIRECTOR
- Total calculated
- $112,551
- From this org
- $98,501
- From related orgs
- $0
- Other
- $14,050
- Hours/week
- 55
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
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423199349311592
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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