AccomplishmentsAssisted another 31 low-income households achieve perpetually affordable homeownership in Minneapolis.
Grew the CLCLT to 340 homes.
Grew the total number of low-income households assisted into homeownership to 446 households.
Served households at an average of 51% of Area Median Income.
Served Households of Color at rate of 56% of all households served.
No CLCLT homeowner foreclosures in 2021.
Current Goals40 new CLCLT homeowners in 2022.
At least 60% of households served will represent Households of Color.
No (0) CLCLT homeowner foreclosures.
At least 30 CLCLT homebuyer orientations.
Host at least 12 homeowner post-purchase events or trainings.
Community or Constituency ServedLow- and moderate-income households seeking homeownership in the City of Minneapolis.
Geographic Area ServedCity of Minneapolis
Reports & Finances
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Major Program Expenses
Community Land Trust Program:
$1,186,656
Lending Activity:
$342,362
City of Lakes Community Realty:
$35,530
Commercial Land Trust Program:
$805,597
Management and General:
$53,252
Fundraising:
$14,702
3 Year Average Expenses
Program Services
$1,768,558
96%
Management
$60,682
3.3%
Fundraising
$13,207
0.7%
Unrestricted Net Assets
End of Year:
Beginning of Year:
Difference:
2021
$5,108,571
$4,601,605
$506,966
2020
$4,601,605
$3,549,776
$1,051,829
2019
$3,549,876
$3,281,227
$268,649
Notes from the Council
Organization Last Reviewed on 09/12/2022
This date is representative of when we completed our initial Accountability Wizard® nonprofit review, and provided the organization with their results. This review is good for three years from the date provided
Our mission is building donor and nonprofit relationships for strong, vibrant and just communities. We envision healthy communities for all, benefiting from effective and trustworthy nonprofits that are supported by a well-informed public’s generosity.
