Nonprofit · EIN 82-2764286
BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC
Tax-exempt · LOS ANGELES, CA 90008
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $901,561 | $396,692 | $504,869 | $7,490,061 | $7,337,358 | $152,703 |
| December 31, 2023 | 990 | $279,170 | $715,861 | -$436,691 | $6,893,230 | $7,215,934 | -$322,704 |
| December 31, 2022 | 990 | $776,679 | $1,026,709 | -$250,030 | $7,053,347 | $6,959,555 | $93,792 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $680,698
- Program service revenue
- $0
- Investment income
- $5
- Net rental income
- $220,858
- Other revenue
- $220,858
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,923
- Salaries, compensation and benefits (total)
- $1,923
- Professional fundraising fees
- $0
- Legal fees
- $17,834
- Accounting fees
- $32,797
- Occupancy
- $6,845
- Travel
- $3,357
- Depreciation
- $19,444
- Program services (functional)
- $230,000
- Management and general (functional)
- $166,692
Balance sheet and other
- Total assets, start of year
- $6,893,230
- Total assets, end of year
- $7,490,061
- Total liabilities, end of year
- $7,337,358
- Net assets, end of year
- $152,703
- Land, buildings and equipment
- $6,781,613
- Gross receipts
- $917,433
- Employees
- 0
- Volunteers
- 11
- Year formed
- 2017
- 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 |
|---|---|---|---|
| Prophet Walker | Chair Officer | 12 | $0 |
| Anthony L Jolly Jr | Vice President Officer | 12 | $0 |
| Diandra Bremond EdD | Treasurer Officer | 12 | $0 |
| Niika Kuykendall | Programs Committee Chair Officer | 12 | $0 |
| Charity ChandlerCole | Committee Chair Officer | 12 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Prophet Walker | Chair Officer | 12 | $0 |
| Anthony L Jolly Jr | Vice President Officer | 12 | $0 |
| Diandra Bremond EdD | Treasurer Officer | 12 | $0 |
| Niika Kuykendall | Programs Committee Chair Officer | 12 | $0 |
| Charity ChandlerCole | Committee Chair Officer | 12 | $0 |
990 for the year ended December 31, 2022: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marc Byers | Director Officer | 10 | $0 |
| Tommy Johnson | Executive director Officer | 10 | $0 |
| Himyo Gree | Executive director Officer | 10 | $0 |
| Lauren Michaels | Executive director Officer | 10 | $0 |
| Jordana de Moraes | Inside director Officer | 10 | $0 |
| Mario Holten | Nominee director Officer | 10 | $0 |
| Tony Jolly | Vice chair Officer | 10 | $0 |
| Tax Arnold | Chairman of the board Officer | 10 | $0 |
| Ferris Mason | Treasurer Officer | 20 | $0 |
| Mahongany Singleton | Secretary Officer | 20 | $0 |
| Ade Neff | Vice President Officer | 20 | $0 |
| Dewey West | President Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 4327 DEGNAN BLVD, LOS ANGELES, CA 90008-4908
- In care of
- % ALFRED LEE
- Mailing address (990-N for 2019)
- 4317 Degnan St, Los Angeles CA 90008
- Principal officer (990 for 2024)
- Alfred Lee, 4327 S Degnan Blvd, LOS ANGELES, CA 900084908
- Principal officer (990-N for 2019)
- Dewey Maurice West, 4317 Degnan St, Los Angeles CA 90008
- Signed the 990
- Alfred Lee, CEO
- Return prepared by
- Peace of Mind Offerings
California records
California keeps its own records of charities and corporations. Search them by EIN 82-2764286 or by the name BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC.
- 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
Dedicated to empowering Black communities in Leimert Park and beyond focusing on economic resilience community stability self-governance and small business development. Integrating healing modalities art and cultural preservation the organization aims to acquire develop and preserve land and housing for low- to moderate-income individuals and families particularly in historically Black communities in Los Angeles. It promotes economic development prevents displacement and offers affordable housing and commercial space to support small businesses cultural programming and community self-governance. Activities include property acquisition tenant stabilization leadership training and partnerships for equitable development and cultural heritage preservation.
Program accomplishments
- Community Business Stabilization & Support: Provides affordable and accessible commercial space to long-term small business owners focusing on those at risk of displacement. Offers lease education rent stabilization assistance and resources to strengthen business operations and sustainability. Black Business & Street Vendor Incubator: Supports Black-owned small businesses and independent street vendors through affordable retail opportunities permitting assistance technical training and marketing support. Helps vendors formalize operations increase income and connect to local markets while protecting cultural street economies. Cultural Corridor Preservation: Preserves and celebrates the historical and cultural legacy of Black communities in Los Angeles with a focus on Leimert Park Village. Supports arts music cultural events and heritage projects that reinforce community identity and pride. Community Land Stewardship & Activation: Stewards commercial properties and public spaces for perpetual community benefit. Activates spaces for markets pop-ups performances and events that generate economic opportunity and foster cultural expression. Equitable Development Partnerships: Works with public agencies philanthropic partners and private investors to design and implement projects that advance economic opportunity protect cultural identity and close racial wealth gaps-all while centering community voice. Community Relations & Engagement: Builds and maintains strong relationships among residents businesses street vendors cultural organizations and public agencies. Facilitates neighborhood meetings listening sessions and collaborative projects that strengthen trust resolve conflicts and promote shared goals for the communitys future.Expenses $230,000
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
- 82-2764286
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $7,490,061
- Income (IRS master file)
- $917,433
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $901,561 | $396,692 | $7,490,061 | XML |
| 990 | December 2023 | $279,170 | $715,861 | $6,893,230 | XML |
| 990 | December 2022 | $776,679 | $1,026,709 | $7,053,347 | XML |
| 990 | December 2021 | $917,040 | $594,549 | $343,822 | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Dewey Maurice West | December 31, 2019 | ≤ $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 82-2764286).
Questions about BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC
- What is the EIN of BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC?
- The employer identification number (EIN) of BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC is 82-2764286.
- Is BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BLACK OWNED AND OPERATED COMMUNITY LAND TRUST 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 BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC 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 BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC 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 BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC?
- The 990 for the year ended December 31, 2024 names Alfred Lee.
- Who are the officers and directors of BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $901,561, expenses of $396,692 and total assets of $7,490,061 at year end.
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