Somerville Community Land Trust Inc

Housing & shelter organization based in Somerville, MA. 2 employees. Exempt under §501(c)(3).

MissionSCLT PROMOTES NEIGHBORHOOD STABILITY AND ENGAGEMENT THROUGH THE CREATION & PRESERVATION OF PERMANENTLY AFFORDABLE HOUSING BY OFFERING DEEPLY SUBSIDIZED HOMEOWNERSHIP OPPORTUNITIES TO LOW-INCOME RESIDENTS.

EIN
83-4461699
State
MA
Sector
Housing & shelter
Budget band
$500K–$1M
Latest filing
TY 2024
Records
1 officers · 3 years

Financial snapshot · TY 2024

$541K
Total revenue
$360K
Total expenses
$3.8M
Net assets

Financial health · TY 2024

47
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-8 months of expenses
Program efficiency
83
83.1% spent on programs
Revenue diversity
69
Mix of program fees, grants & contributions

Leadership compensation

Benjamin Baldwin
EXECUTIVE DIRECTOR
$93,727
62th percentile vs. peers

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Somerville Community Land Trust Inc Executive Compensation | 990 Data | DoubleNine