Nonprofit · EIN 20-5420298
BAY AREA COMMUNITY LAND TRUST
Tax-exempt · BERKELEY, CA 94702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $778,503 | $946,833 | -$168,330 | $20,917,509 | $18,009,500 | $2,908,009 |
| December 31, 2023 | 990 | $636,417 | $927,877 | -$291,460 | $17,948,071 | $14,942,715 | $3,005,356 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $219,829
- Program service revenue
- $214,652
- Investment income
- $1,890
- Net rental income
- $223,141
- Other revenue
- $342,132
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $391,872
- Salaries, compensation and benefits (total)
- $391,872
- Professional fundraising fees
- $0
- Legal fees
- $13,677
- Accounting fees
- $65,922
- Travel
- $5,029
- Depreciation
- $330,685
- Program services (functional)
- $726,741
- Management and general (functional)
- $192,430
- Fundraising (functional)
- $27,662
Balance sheet and other
- Total assets, start of year
- $17,948,071
- Total assets, end of year
- $20,917,509
- Total liabilities, end of year
- $18,009,500
- Net assets, end of year
- $2,908,009
- Land, buildings and equipment
- $19,952,665
- Net assets without donor restrictions
- $2,888,279
- Net assets with donor restrictions
- $19,730
- Gross receipts
- $1,376,330
- Employees
- 7
- Volunteers
- 2
- Year formed
- 2006
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Barton | Public Member Trustee or director | 1 | $0 |
| Aja Fasah | General Member Trustee or director | 1 | $0 |
| Bernadette Okereke | General Member Trustee or director | 1 | $0 |
| Michael Wharton | Lessee Member Trustee or director | 1 | $0 |
| April King | Lessee Member Trustee or director | 1 | $0 |
| Michael Chao | Public Member Trustee or director | 1 | $0 |
| Dustin Tranberg | Lessee Member Trustee or director | 1 | $0 |
| Paula Saenghoi | Lessee Member Trustee or director | 1 | $0 |
| Arienne Senten | Alternate Lessee Member Trustee or director | 1 | $0 |
| Jocelyn Zorn | Alternate Lessee Member Trustee or director | 1 | $0 |
| Will Adams | Alternate Lessee Member Trustee or director | 1 | $0 |
| Tracy Parent | Organizational Director Elect Trustee or director | 5 | $0 |
| Mary Lucas McDonald | Vice President Trustee or director, Officer | 5 | $0 |
| Beth Youhn | Secretary Trustee or director, Officer | 1 | $0 |
| Kori Chen | Treasurer Trustee or director, Officer | 1 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jasmine Sozi | President Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Theresa Parent | Organizational Director Key employee, Highest-paid employee | 1 | $90,000 |
| Marcia Caine Edelen | Board Member Trustee or director | 1 | $0 |
| Michael Chao | Treasurer Trustee or director | 1 | $0 |
| Wei Li King | Board Member Trustee or director | 1 | $0 |
| Michael Wharton | Board Member Trustee or director | 1 | $0 |
| Aja Fasah | Board Member Trustee or director | 1 | $0 |
| Stephen Barton | Board Member Trustee or director | 1 | $0 |
| Christine Hernandez | Board Member Trustee or director | 1 | $0 |
| James Tracy | Vice President Trustee or director, Officer | 1 | $0 |
| Mary Lucas McDonald | President Trustee or director, Officer | 5 | $0 |
| Beth Youhn | Secretary Trustee or director, Officer | 1 | $0 |
| Kori Chen | Board Member Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2652, BERKELEY, CA 94702-0652
- In care of
- % MATTHEW GUSTAFSON
- Mailing address (990-N for 2014)
- PO Box 1004, Berkeley CA 94701
- Principal officer (990-N for 2014)
- Richard Lewis, PO Box 1004, Berkeley CA 94701
- Signed the 990
- MATTHEW GUSTAFSON, Organizational Director
- Website
- bayareaclt.org
- Return prepared by
- Fitzgerald & Company CPAs
California records
California keeps its own records of charities and corporations. Search them by EIN 20-5420298 or by the name BAY AREA COMMUNITY LAND TRUST.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Support and develop low-income affordable cooperative housing.
Program accomplishments
- BACLT continued with the renovation of one building while actively preparing for the purchase of one additional property in Berkeley for low-income housing. BACLT conducted many training workshops for low-income housing cooperatives and monitored co-op elections. The organization actively participated in policy work to educate about community land trusts and housing cooperatives.Expenses $726,741 · revenue $726,741
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5420298
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $20,917,509
- Income (IRS master file)
- $1,376,330
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $778,503 | $946,833 | $20,917,509 | XML |
| 990 | December 2023 | $636,417 | $927,877 | $17,948,071 | XML |
| 990 | December 2022 | $516,494 | $633,258 | $15,948,538 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: Richard Lewis | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5420298).
Questions about BAY AREA COMMUNITY LAND TRUST
- What is the EIN of BAY AREA COMMUNITY LAND TRUST?
- The employer identification number (EIN) of BAY AREA COMMUNITY LAND TRUST is 20-5420298.
- Is BAY AREA COMMUNITY LAND TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to BAY AREA COMMUNITY LAND TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAY AREA COMMUNITY LAND TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BAY AREA COMMUNITY LAND TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAY AREA COMMUNITY LAND TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BAY AREA COMMUNITY LAND TRUST?
- The 990-N for 2014 names Richard Lewis.
- Who are the officers and directors of BAY AREA COMMUNITY LAND TRUST?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does BAY AREA COMMUNITY LAND TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $778,503, expenses of $946,833 and total assets of $20,917,509 at year end.
Other nonprofits in BERKELEY
- HOOKSTON SENIOR HOMES INC EIN 94-3312528 · last filed 990 for 2024
- SATELLITE AFFORDABLE HOUSING ASSOCIATES EIN 94-3186770 · last filed 990 for 2025
- BUILDING OPPORTUNITIES FOR SELF - SUFFICIENCY EIN 51-0173390 · last filed 990 for 2025
- ALAMEDA COUNTY HOMELESS ACTION CENTER EIN 94-3123953 · last filed 990 for 2025
- BERKELEY STUDENT COOPERATIVE INC EIN 94-0948140 · last filed 990 for 2025
- SATELLITE AHA DEVELOPMENT INC EIN 94-3248729 · last filed 990 for 2024
- SATELLITE SENIOR HOMES II INC EIN 94-2598866 · last filed 990 for 2025
- SATELLITE SENIOR HOMES III INC EIN 94-2835291 · last filed 990 for 2025
All nonprofits in BERKELEY · California · Housing and shelter