Overview

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Est.

1989

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

OPAL Community Land Trust is a nonprofit organization dedicated to housing development on Orcas Island, focusing on providing permanently affordable homes and support services for island residents, including families, seniors, and singles whose needs are unmet by the traditional market. With an operating budget of $1.5 million and total revenue of $4.1 million for the 2024 filing year, the organization is financially supported by a diverse range of funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.opalclt.org.

Mission Statement

THE MISSION OF OPAL COMMUNITY LAND TRUST IS TO HELP SUSTAIN ORCAS ISLAND AS A HEALTHY, ECONOMICALLY DIVERSE COMMUNITY BY PROVIDING PERMANENTLY AFFORDABLE HOMES AND RELATED EDUCATION AND SUPPORT FOR ISLANDERS-FAMILIES, SENIORS AND SINGLES - WHOSE HOUSING NEEDS ARE NOT MET BY THE TRADITIONAL MARKET.
Revenues
$4.1M
Expenses
$1.5M
Net Income:
+$2.6M
Assets
$38M
Liabilities
$5.6M
Net Assets:
+$32.4M
Operating Budget
$1.5M
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
11
Median grant size
$10K
Largest grant received
$833.8K
B
Bob Morris
Board Member
M
Minor Lile
Board Member
A
Anne Bertino
Board Member

Frequently Asked Questions

What is OPAL COMMUNITY LAND TRUST’s budget?
In 2024, OPAL COMMUNITY LAND TRUST reported an annual operating budget of around $1.5 million. More detailed financial information is available to registered users.
What causes does OPAL COMMUNITY LAND TRUST support?
OPAL COMMUNITY LAND TRUST supports work in Housing development.
Where does OPAL COMMUNITY LAND TRUST operate?
OPAL COMMUNITY LAND TRUST is headquartered in Eastsound, WA.
Who funded OPAL COMMUNITY LAND TRUST recently?
In 2025, OPAL COMMUNITY LAND TRUST received grants from CHARITIES AID FOUNDATION AMERICA, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and ORCAS ISLAND COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant OPAL COMMUNITY LAND TRUST received in 2024?
The largest grant to OPAL COMMUNITY LAND TRUST in 2024 exceeds $834 thousand.
What is OPAL COMMUNITY LAND TRUST’s reliance on government grants?
OPAL COMMUNITY LAND TRUST relied on government grants for more than 35% of their total revenue in 2024.