2024-11-14T11:37:16+00:00 2023-12-31 440160260 Forvis Mazars LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2023-01-01 852544201 Trust Neighborhoods TRUS 8163522490 1737 Walnut Suite C Kansas City MO 64108 DAVID KEMPER CEO 8163522490 2024-11-14 true true Michael Engle P00482834 8162216300 2024-11-15 2023 2024-10-15 13:58:12Z DAVID KEMPER 1737 Walnut Suite C Kansas City MO 64108 4245454 false X TRUSTNEIGHBORHOODS.COM X 2020 MO TRUST NEIGHBORHOODS CREATES MIXED INCOME NEIGHBORHOOD TRUSTS "MINTS" AS COMMUNITY GOVERNED HOUSING TO PROVIDE AFFORDABILITY AND NEIGHBORHOOD BENEFIT. 6 3 7 4 0 0 1220200 4177741 255000 64167 0 589 11366 2957 1486566 4245454 0 0 620689 793226 0 0 316929 392615 937618 1185841 548948 3059613 1394026 2076855 298487 85663 1095539 1991192 WORKING FOR NEIGHBORHOODS TO HARNESS GROWTH TO PREVENT DISPLACEMENT AND BENEFIT EXISTING RESIDENTS. false false 824540 0 64167 Trust Neighborhoods partners with neighborhood-based organizations to create Mixed-Income Neighborhood Trusts (MINTs) to prevent displacement, improve neighborhoods, and build community power in gentrifying areas. MINTs are an innovative structure combining community centric governance with mixed-income housing to ensure neighborhoods can become even better places to live while benefiting existing residents. Each MINT acquires and develops real estate subject to control by a Perpetual Purpose Trust stewarded by community stakeholders. Through 2023, Trust Neighborhoods has helped launch and scale four MINTs in Fresno, Tulsa, Kansas City, and Boston that have invested over $65 million to secure over 215 units of housing. Trust Neighborhoods provides capacity and expertise to its local partners supporting each MINT's growth and the refinement of the MINT model. Through 2023, these MINTs have served hundreds of residents, providing affordability, improving housing quality, and changing power structures to benefit community members. 824540 true true false false false false false false false false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true true 3 0 true 7 true false false false false false false false false false false false false X 6 3 false false false false false false false true false false false true true true true true true false false true true X X DAVID KEMPER 8163522490 1737 WALNUT SUITE C KANSAS CITY MO 64108 DAVID B KEMPER CHIEF EXECUTIVE OFFICER 40.0 0.0 X X 131722 0 7920 JASON DEHAEMERS CHIEF PRODUCT OFFICER 40.0 0.0 X X 131589 0 9554 KAVYA SHANKAR CHIEF OPERATING OFFICER 40.0 0.0 X X 131642 0 8974 PAUL BRADLEY DIRECTOR 0.3 0.0 X 0 0 0 TONY PICKETT DIRECTOR 0.3 0.0 X 0 0 0 TONY SALAZAR DIRECTOR 0.3 0.0 X 0 0 0 KATRINA CHAVES DIRECTOR OF REAL ESTATE AND PLANNING 40.0 0.0 X 123894 0 8793 518847 0 35241 4 false false false 0 4177741 4177741 SERVICE/FEE INCOME 900099 64167 64167 0 0 0 0 64167 589 589 0 0 0 0 2957 0 0 2957 2957 4245454 64167 0 3546 421400 294980 126420 286161 200229 85932 27776 19443 8333 57889 40522 17367 9670 9670 40865 40865 282 282 0 0 9370 9370 37050 37050 19726 17754 1972 83023 24907 58116 MINT FORMATION 175888 175888 16741 0 16741 0 1185841 824540 361301 0 650242 690344 50040 245211 20763 366226 0 0 0 0 166629 100 0 0 0 0 0 610000 600000 62981 8345 1394026 2076855 65506 27318 0 0 50000 50000 182981 8345 298487 85663 X 1045499 1745981 50040 245211 1095539 1991192 1394026 2076855 X 3059613 176040 -2340000 X false true X true false X 0 251500 785000 1220200 4177741 6434441 0 0 0 251500 785000 1220200 4177741 6434441 3270953 3163488 0 0 0 0 589 589 0 0 0 15910 11366 2957 30233 6465263 369167 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - PROJECT REIMBURSEMENT, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 15910.0, COLUMN D - 11366.0, COLUMN E - 2957.0, COLUMN F - 30233.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED EBNT HOLDINGS, LLC 250000 C LYKINS NT HOLDINGS, LLC 350000 C EBNT HOLDINGS PROMISSORY NOTE 600000 OPERATING LEASE LIABILITY 8345 DEFERRED COMPENSATION 8345 4245454 0 0 4245454 0 0 4245454 3525841 2340000 2340000 1185841 0 0 1185841 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Change in NENT Valuation Discount - 2340000 Form 990, Part VI, Line 15a & 15b - PROCESS FOR ESTABLISHING COMPENSATION THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL AND OTHER OFFICERS IS THROUGH REVIEW OF SALARIES OF OTHER COMPARABLE ORGANIZATIONS. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A DRAFT IS REVIEWED BY THE CEO AND EXECUTIVE TEAM, THEN IS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S OFFICERS AND DIRECTORS ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE ORGANIZATION REGULARLY MONITORS COMPLIANCE WITH THE POLICY. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue PROJECT REIMBURSEMENT - Total Revenue: 2957, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 2957; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN NENT VALUATION DISCOUNT - -2340000; EBNT HOLDINGS LLC 80 BORDER ST EAST BOSTON MA 021281926 883885518 REAL ESTATE MA Related false -40168 208929 false false 0.0485 LYKINS NT HOLDINGS LLC 705 STE B SE M LEES SUMMIT MO 64063 861882935 REAL ESTATE MO Related false -21963 325804 false false 0.1458