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Nonprofit · EIN 56-1203878

DURHAM COMMUNITY LAND TRUSTEES INC

Tax-exempt · DURHAM, NC 27701

Financials

$3.1M$2.4M2022$12.5M$2.9M2023$4.6M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of DURHAM COMMUNITY LAND TRUSTEES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,570,542$3,865,393$705,149$30,920,321$13,269,282$17,651,039
June 30, 2024990$12,502,669$2,865,765$9,636,904$23,819,109$7,161,317$16,657,792
June 30, 2023990$3,112,357$2,383,170$729,187$16,276,390$9,423,389$6,853,001
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,253,052
of which government grants
$1,456,949
Program service revenue
$1,958,610
Investment income
$358,111
Net gain from sales of assets
$349,977
Other revenue
$769

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$127,757
Other salaries and wages
$833,911
Salaries, compensation and benefits (total)
$1,207,634
Professional fundraising fees
$0
Legal fees
$14,944
Accounting fees
$11,120
Occupancy
$1,511,618
Travel
$20,331
Depreciation
$587,960
Program services (functional)
$2,920,828
Management and general (functional)
$723,785
Fundraising (functional)
$220,780

Balance sheet and other

Total assets, start of year
$23,819,109
Total assets, end of year
$30,920,321
Total liabilities, end of year
$13,269,282
Net assets, end of year
$17,651,039
Land, buildings and equipment
$22,867,111
Publicly traded securities
$5,959,417
Net assets without donor restrictions
$16,656,272
Net assets with donor restrictions
$994,767
Gross receipts
$4,570,542
Employees
13
Volunteers
134
Year formed
1987
State of legal domicile
NC

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHERRY TAYLOREXECUTIVE DIRECTOR
Officer
40$127,757
DONNA MYERSPRESIDENT
Trustee or director, Officer
1$0
ROCHELLE ARAUJOVICE PRESIDENT
Trustee or director, Officer
1$0
DOUG BUDDY AMISTREASURER
Trustee or director, Officer
1$0
ANTOINE FREEMANMEMBER
Trustee or director
1$0
CHARLES EBELMEMBER
Trustee or director
1$0
KARL TONY GINYARDMEMBER
Trustee or director
1$0
LAURA FRIEDERICHMEMBER
Trustee or director
1$0
THERESA TURNERMEMBER
Trustee or director
1$0
ARIEL SPRINGFIELDMEMBER
Trustee or director
1$0
JEAN THIBODEAUXMEMBER
Trustee or director
1$0
MICHAEL ENGLISHMEMBER
Trustee or director
1$0
GRAHAM FITZSIMONSMEMBER
Trustee or director
1$0
RACHEAL V HAMMONDMEMBER
Trustee or director
1$0
SABRINA IRIZARRYMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
SHERRY TAYLOREXECUTIVE DIRECTOR
Officer
40$123,235
KARL TONY GINYARDPRESIDENT
Trustee or director, Officer
1$0
ROCHELLE ARAUJOVICE PRESIDENT
Trustee or director, Officer
1$0
DONNA MYERSSECRETARY
Trustee or director, Officer
1$0
DOUG BUDDY AMISTREASURER
Trustee or director, Officer
1$0
OSCAR HALLMEMBER
Trustee or director
1$0
CHARLES EBELMEMBER
Trustee or director
1$0
ANTOINE FREEMANMEMBER
Trustee or director
1$0
LAURA FRIEDERICHMEMBER
Trustee or director
1$0
MONICA EDWARDSMEMBER
Trustee or director
1$0
THERESA TURNERMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 14 people
NameTitleHours / weekCompensation
SHERRY TAYLOREXECUTIVE DI
Officer
40$84,374
DOUG BUDDY AMISTREASURER
Trustee or director, Officer
1$0
ROCHELLE ARAUJOPRESIDENT
Trustee or director, Officer
1$0
JENNIFER CARROLLMEMBER
Trustee or director
1$0
LUCIA CONSTANTINEMEMBER
Trustee or director
1$0
CHARLES EBELMEMBER
Trustee or director
1$0
MONICA EDWARDSMEMBER
Trustee or director
1$0
ANTOINE FREEMANMEMBER
Trustee or director
1$0
LAURA FRIEDERICHMEMBER
Trustee or director
1$0
KARL TONY GINYARDMEMBER
Trustee or director
1$0
OSCAR HALLMEMBER
Trustee or director
1$0
LATONDRA JETERMEMBER
Trustee or director
1$0
DONNA MYERSSECRETARY
Trustee or director, Officer
1$0
THERESA TURNERMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1208 W CHAPEL HILL ST, DURHAM, NC 27701-3002
Principal officer (990 for 2024)
SHERRY TAYLOR, 1208 WEST CHAPEL HILL STREET, DURHAM, NC 27701
Signed the 990
SHERRY TAYLOR, EXECUTIVE DIRECTOR
Phone
(919) 490-0063
Return prepared by
SHARPE PATEL CPA

Mission

BUILD STRONG COMMUNITIES BY DEVELOPING, MANAGING, AND ADVOCATING FOR PERMANENT AFFORDABLE HOUSING THAT PROVIDES DURHAM RESIDENTS WITH LOW TO MODERATE INCOMES A STABLE FOUNDATION FOR ACHIEVING ECONOMIC SECURITY.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES.
    Expenses $2,920,828 · revenue $1,959,379

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-1203878
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
1979
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$30,920,321
Income (IRS master file)
$4,570,542

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,570,542$3,865,393$30,920,321XML
990June 2024$12,502,669$2,865,765$23,819,109IRS
990June 2023$3,112,357$2,383,170$16,276,390XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 56-1203878).

Questions about DURHAM COMMUNITY LAND TRUSTEES INC

What is the EIN of DURHAM COMMUNITY LAND TRUSTEES INC?
The employer identification number (EIN) of DURHAM COMMUNITY LAND TRUSTEES INC is 56-1203878.
Is DURHAM COMMUNITY LAND TRUSTEES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to DURHAM COMMUNITY LAND TRUSTEES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DURHAM COMMUNITY LAND TRUSTEES INC 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 DURHAM COMMUNITY LAND TRUSTEES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DURHAM COMMUNITY LAND TRUSTEES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DURHAM COMMUNITY LAND TRUSTEES INC?
The 990 for the year ended June 30, 2025 names SHERRY TAYLOR.
Who are the officers and directors of DURHAM COMMUNITY LAND TRUSTEES INC?
The 990 for the year ended June 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $127,757 (SHERRY TAYLOR, EXECUTIVE DIRECTOR).
How much revenue does DURHAM COMMUNITY LAND TRUSTEES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,570,542, expenses of $3,865,393 and total assets of $30,920,321 at year end.

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