EAST NEW YORK CLT INC

EAST NEW YORK CLT INC

Brooklyn, NY, US
501(c)3
EIN
85-4288954

EAST NEW YORK CLT INC

Brooklyn, NY, US
501(c)3
EIN
85-4288954

Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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EAST NEW YORK CLT INC is a nonprofit organization dedicated to preserving housing affordability and fostering generational wealth through community leadership and activism. With an operating budget of $653.2K and total revenue of $856.8K for the 2024 filing year, the organization focuses on owning land and leasing it to building owners and other users. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.eastnewyorkclt.org.

Mission Statement

ENYCLT IS AN ORGANIZATION OF COMMUNITY LEADERS AND ACTIVISTS DEDICATED TO PRESERVING AFFORDABILITY FOR FUTURE GENERATIONS AND PROVIDING A VEHICLE TO CREATE GENERATIONAL WEALTH. ENYCLT SEEKS TO OWN LAND AND LEASE THE LAND TO THE OWNERS OF THE BUILDINGS AND OTHER USERS ON THE LAND.
Revenues

$856.8K

Expenses

$653.2K

Net Income:
+$203.5K
Assets

$3.9M

Liabilities

$2.5M

Net Assets:
+$1.4M
Operating Budget

$653.2K

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
$40K
Largest grant received
$209.9K
C
Chanel Haliburton
Board Member
J
Jakob Schneider
Board Member
B
Boris Santos
Board Member

Frequently Asked Questions

What is EAST NEW YORK CLT INC’s budget?
In 2024, EAST NEW YORK CLT INC reported an annual operating budget of around $653 thousand. More detailed financial information is available to registered users.
What causes does EAST NEW YORK CLT INC support?
EAST NEW YORK CLT INC supports work in Shelter and residential care and Housing services.
Where does EAST NEW YORK CLT INC operate?
EAST NEW YORK CLT INC is headquartered in Brooklyn, NY.
Who funded EAST NEW YORK CLT INC recently?
In 2024, EAST NEW YORK CLT INC received grants from NEW YORK WOMEN'S FOUNDATION INC, Jewish Communal Fund, and NEW YORK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant EAST NEW YORK CLT INC received in 2024?
The largest grant to EAST NEW YORK CLT INC in 2024 exceeds $210 thousand.
What is EAST NEW YORK CLT INC’s reliance on government grants?
EAST NEW YORK CLT INC relied on government grants for more than 65% of their total revenue in 2024.
Overview
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