Overview

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Est.

2020

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Elevation Community Land Trust is a nonprofit organization dedicated to providing affordable homeownership opportunities through the community land trust model, focusing on public housing initiatives. With an operating budget of $7.3 million and total revenue of $15.4 million for the 2024 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.elevationclt.org.

Mission Statement

PROVIDING AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES USING THE COMMUNITY LAND TRUST MODEL.
Revenues
$15.4M
Expenses
$8.1M
Net Income:
+$7.3M
Assets
$102M
Liabilities
$59.9M
Net Assets:
+$42.1M
Operating Budget
$7.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$50K
Largest grant received
$200K
S
Stefka Fanchi
Board Member
K
Kelly Evans
Board Member
D
Dave Younggren
Board Member

Frequently Asked Questions

What is ELEVATION COMMUNITY LAND TRUST’s budget?
In 2024, ELEVATION COMMUNITY LAND TRUST reported an annual operating budget of around $7.3 million. More detailed financial information is available to registered users.
What causes does ELEVATION COMMUNITY LAND TRUST support?
ELEVATION COMMUNITY LAND TRUST supports work in Public housing.
Where does ELEVATION COMMUNITY LAND TRUST operate?
ELEVATION COMMUNITY LAND TRUST is headquartered in Denver, CO.
Who funded ELEVATION COMMUNITY LAND TRUST recently?
In 2024, ELEVATION COMMUNITY LAND TRUST received grants from GATES FAMILY FOUNDATION, GATES FAMILY FOUNDATION, and La Plata County Economic Development Alliance. More information on this organization’s funders is available to registered users.
What is the largest grant ELEVATION COMMUNITY LAND TRUST received in 2024?
The largest grant to ELEVATION COMMUNITY LAND TRUST in 2024 exceeds $200 thousand.
What is ELEVATION COMMUNITY LAND TRUST’s reliance on government grants?
ELEVATION COMMUNITY LAND TRUST relied on government grants for more than 85% of their total revenue in 2024.