CITY OF LAKES COMMUNITY LAND TRUST

MINNEAPOLIS, MN, 55405 (612) 594-7150 Est. 2002 EIN 06-1665031
L20 - Housing Development, Construction & Management 990 - Public charity return 501(c)(3)
www.clclt.org

Mission

CREATING COMMUNITY OWNERSHIP THAT PRESERVES AFFORDABILITY AND INCLUSIVITY IS THE MISSION OF THE CITY OF LAKES COMMUNITY LAND TRUST.

Giving Portfolio

Total Grants
2
Total Giving
$2.8M
Recipients
2
Years Active
2021 - 2022
Avg grant: $1,424,429 Median: $1,424,429

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20221$2.3M $2.3M01
20211$541K $541K10

Sectors Funded

Community Improvement
2

Top States

Minnesota
2

Grantee Size Profile

$500K - $1M
2

Top Grantees

Grants Awarded · 2 grants

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Financials

Total Revenue
$3,142,461
Total Expenses
$3,512,334
Net Assets
$16,744,105
9 employees 20 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.8 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 76.4%
Expenses ↑ 59.5%
Revenue Sources
Contributions 175.6% Earned revenue 14.2% Investment 14.0%
Expense Breakdown
Program 98.1% Management 1.3% Fundraising 0.6%

Officers & Trustees (14)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$3,142,461 ↓$3,512,334$16,744,105
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$13,296,198 ↑$2,202,127$16,920,978
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$2,266,852 ↓$4,308,132$5,826,907
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$5,065,737 ↑$2,327,987$7,868,187
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,548,331 ↑$1,795,887$5,130,437
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$2,458,984 $1,484,803$3,980,014

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EIN: 06-1665031 · Source: IRS Form 990 e-file data