2024-11-11T08:22:22-05:00 2024-06-30 520619968 FAW CASSON & CO LLP 160 GREENTREE DRIVE SUITE 203 DOVER DE 19904 990 2023-07-01 203625660 DIAMOND STATE C L T INC DIAM 4434801797 363 SAULSBURY RD DOVER DE 19904 AMY PRATT EXECUTIVE DIRECTOR 4434801797 2024-10-31 true KEITH KAHN P01873834 3026744305 2024-10-31 2023 2024-10-15 13:58:12Z DEBORAH GALONSKY 19413 JINGLE SHELL WAY SUITE 6 LEWES DE 19958 144931 false X WWW.DIAMONDSTATECLT.ORG X 2006 DE TO STRENGTHEN DELAWARE COMMUNITIES BY CREATING AND STEWARDING FOREVER AFFORDABLE HOUSING TO LOW-MODERATE INCOME INDIVIDUALS AND FAMILIES WHILE PROMOTING SUSTAINABLE USE OF THE LAND. 4 4 0 0 431 69673 17570 75258 243 0 0 18244 144931 0 0 51573 0 0 0 37298 38655 88871 38655 -70627 106276 546821 736041 381911 464855 164910 271186 TO STRENGTHEN DELAWARE COMMUNITIES BY CREATING AND STEWARDING FOREVER AFFORDABLE HOUSING TO LOW-MODERATE INCOME INDIVIDUALS AND FAMILIES WHILE PROMOTING SUSTAINABLE USE OF THE LAND. false false 35741 75258 LAND IS THE MOST CRITICAL FACTOR IN DETERMINING THE COST OF A NEW HOME. THE DIAMOND STATE CLT ("DSCLT") COMMUNITY LAND TRUST MAKES HOUSING AFFORDABLE BY THE UNIQUE METHOD OF SHARING EQUITY GAINS BETWEEN THE CLT AND THE HOMEOWNER., THEREBY LESSENING THE IMPACT OF LAND AND LOCATIONAL FACTORS AND ALLOWING THE HOME TO REMAIN AFFORDABLE HOUSING TO MODEST INCOME HOUSEHOLDS THAT WILL REMAIN AFFORDABLE FOR FUTURE GENERATIONS. FURTHER, THE ORGANIZATION PROMOTES THE CONCEPT THAT THE FUNDING IT RECEIVES TO HELP MAKE THOSE HOMES AFFORDABLE SHOULD BE PRESERVED OVER THE LONG-TERM SO THAT FUTURE GENERATIONS ILL BE ABLE TO AFFORD HOME OWNERSHIP. DSCLT HAS PRESERVED OVER 4.2 MILLION IN PUBLIC INVESTMENT. 35741 true true false false false false false false false false true false 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 false false false false true 0 0 false 0 false false false false false false false false false false false false false false X 4 4 false false false false true true true true true false false true true false true false false true true false X NEIGBORGOOD PARTNERS 3026789400 363 SAULSBURY RD DOVER DE 19904 X DEBORAH GALONSKY VICE PRESIDE 0.25 X X 0 0 0 KATHY FANSLER SECRETARY 0.25 X X 0 0 0 BIANCA MERS TREASURER 0.25 X X 0 0 0 TRISH KELLEHER DIRECTOR 0.25 X 0 0 0 false false false 69238 435 69673 GAIN ON HOUSING HELD FOR SALE 531190 54546 54546 GROUND LEASE / RENT INCOME 531390 20712 20712 75258 144931 75258 2000 1860 140 80 80 1247 1122 125 696 626 70 11558 11558 8818 8818 MISCELLANEOUS 12333 11100 1233 MEMBERSHIPS DUES AND SUBS 1923 577 1346 38655 35741 2914 0 3430 320955 9730 2386 1792 160012 160012 160012 371263 253282 546821 736041 5379 1353 255674 306455 137751 70077 70077 381911 464855 X 164910 216640 54546 164910 271186 546821 736041 X 106276 X true false false X 164789 31981 17984 18001 69673 302428 164789 31981 17984 18001 69673 302428 302428 21174 959 1017 243 23393 18048 25851 25964 69863 395684 93071 0.76430 0.86410 X PART II, LINE 10 69,863 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 160012 160012 160012 AFFORDABLE HOUSING HELD FOR SALE 253282 253282 FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION AND INCLUDES ALL CLT HOMEOWNERS IN ITS MEMBERSHIP. THE ANNUAL AND SPECIAL MEMBERSHIP MEETINGS GUIDE THE BOARD AND MANAGEMENT, ELECT BOARD MEMBERS AND PROVIDE COMMUNITY OVERSIGHT FOR THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION AND INCLUDES ALL HOMEOWNERS IN ITS MEMBERSHIP. THE ANNUAL AND SPECIAL MEMBERSHIP MEETINGS GUIDE THE BOARD AND MANAGEMENT, ELECT BOARD MEMBERS AND PROVIDE COMMUNITY OVERSIGHT FOR THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7B THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION AND INCLUDES ALL HOMEOWNERS IN ITS MEMBERSHIP. THE ANNUAL AND SPECIAL MEMBERSHIP MEETINGS GUIDE THE BOARD AND MANAGEMENT, ELECT BOARD MEMBERS AND PROVIDE COMMUNITY OVERSIGHT FOR THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 WAS REVIEWED BY THE BOARD THROUGH ELECTRONIC DISTRIBUTION OF DRAFT AND FINAL CHANGES ARE MADE PRIOR TO COMMITTEE VOTE AND FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD MEMBERS AND STAFF COMPLETE A DETAILED CONFLICT OF INTEREST STATEMENT ANNUALLY AT THE BEGINNING OF THE PROGRAM YEAR. NEW MEMBERS COMPLETE THIS FORM UPON JOINING THE BOARD. ALL POTENTIAL CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD AND LISTED ON THE BOARD ROSTER AS A CONTINUING REMINDER AND PUBLIC DISCLOSURE. A SIMILAR CONFLICT OF INTEREST PROCESS IS IN PLACE FOR ALL CONTRACTUAL WORKERS. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION, IF ANY, IS ESTABLISHED THROUGH BOARD MEMBERS DISCUSSION OR PREVAILING SALARIES FOR EQUIVALENT PSOITIONS. WAGES ARE RAISED, WHEN APPROPRIATE, AFTER A PROCESS OF REVIEW BY THE COMMITTEE AND RECOMENDATION OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15B OFFICERS AND KEY EMPLOYEES COMPENSATION IS ESTABLISHED THROUGH BOARD MEMBERS DISCUSSION OF PREVAILING SALARIES FOR EQUIVALENT PSOITIONS. WAGES ARE RAISED, WHEN APPROPRIATE, AFTER A PROCESS OF REVIEW BY THE EXECUTIVE COMMITTEE AND RECOMENDATION TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9 OTHER DECREASE IN PRIOR YEAR FUND BALANCE 0