City of Lakes Community Land Trust

Mission Statement

Creating Community Ownership that Preserves Affordability and Inclusivity is the mission of the City of Lakes Community Land Trust

Impact and Programs

Accomplishments Increased the number of new homeowners served by over 50% over previous year from 27 2014 to 41 in 2015. 60% of new homeowners in 2015 represented Community of Color households, up from 52% in 2014. Developed and revised previous CLCLT homeowner survey, which was administered in the 1st quarter of 2016.
Current Goals A. Be the catalyst to ensure proactive permanent affordable homeownership policy(ies) and investments at the City of Minneapolis in order to double the number of CLCLT homes from 200 to 400 by 2020. B. Prioritize the Homebuyer Initiated Program (HIP) as the preferred buyer program while balancing earned income streams presented through development opportunities with policies/funding that would significantly grow the number of CLCLT units. C. Deepen and grow CLCLT organizational and programmatic capacity to best serve the voiced needs of the community. D. Explore and support the development of Commercial CLTs and other innovative community-driven initiatives that prioritize the long-term benefit to the community through CLCLT principles.
Community or Constituency Served Low-to Moderate-Income households (less than 80% AMI) seeking to achieve affordable, supportive, sustainable homeownership in Minneapolis.
Geographic Area Served City of Minneapolis

Reports & Finances

If you have additional questions regarding a nonprofit's financials, visit their webiste, or call and ask to review their IRS Form 990, Annual Report, or Audit for a more complete picture of their financial story.
3 Year Average Expenses
Program Services
$942,437
94.9%
Management
$37,678
3.8%
Fundraising
$13,108
1.3%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2014
$2,284,882
$1,995,926
$288,956
2013
$1,995,926
$1,811,206
$184,720
2012
$1,811,206
$1,623,064
$188,142
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Connect

Address:
1930 Glenwood Avenue
Minneapolis, MN 55405
Phone: 612-594-7150
Website: www.clclt.org

General Information

Alternative Name: CLCLT. CLCLT acquired Neighborhood Housing Services of Minneapolis (NHSM) in 2015. Neither CLCLT nor NHSM fundraise for the NHSM purposes/past programs.
EIN: 06-1665031
Principal Staff: Jeff Washburne
Number of Full-Time Equivalents (FTE): 5.25
Volunteers: 100
Number of Clients: 2,000 (approximate number of households touched - classes, programs, homes, etc.)

Board

Board Chair: Leticia Selmon
Number of Board Members: 13
Average Member Attendance: 9.4

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Charities Review Council

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Let’s Connect

700 Raymond Avenue, Suite 160 • Saint Paul, MN 55114
Phone: (651) 224–7030 • E-mail: info@smartgivers.org

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