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Nonprofit · EIN 85-1916187

DWELLING PLACE REGIONAL COMMUNITY LAND TRUST

Tax-exempt · GRAND RAPIDS, MI 49503

Financials

$67K$242K2023$1.2M$335K2024
Revenue Expenses · by fiscal year end
Financials of DWELLING PLACE REGIONAL COMMUNITY LAND TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,234,075$334,822$899,253$10,660,756$9,784,085$876,671
December 31, 2023990$66,916$241,557-$174,641$3,461,259$3,289,658$171,601
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,334,250
of which government grants
$1,334,250
Program service revenue
$145,627
Investment income
-$245,802
Net gain from sales of assets
-$245,802
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$7,234
Occupancy
$17,138
Program services (functional)
$300,549
Management and general (functional)
$34,273

Balance sheet and other

Total assets, start of year
$3,461,259
Total assets, end of year
$10,660,756
Total liabilities, end of year
$9,784,085
Net assets, end of year
$876,671
Land, buildings and equipment
$9,780,507
Net assets without donor restrictions
$595,400
Net assets with donor restrictions
$281,271
Gross receipts
$1,536,604
Employees
0
Volunteers
4
Year formed
2020
State of legal domicile
MI

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.

NameTitleHours / weekCompensationFrom related orgs
JEREMY DEROOFORMER CEO
Trustee or director, Officer
0.1$0$240,829
FELISHA RODRIGUEZFORMER COO
Officer
0.1$0$201,112
ALONDA TRAMMELL-MILLERCHIEF PROGRAMS OFFICER
Officer
0.1$0$177,424
JACOB HORNERCHIEF REAL ESTATE DEVELOPM
Officer
0.1$0$173,644
VINCE LAMBERTCHIEF FINANCIAL OFFICER
Officer
0.1$0$170,410
RICH KOGELSCHATZTRUSTEE
Trustee or director
0.1$0$0
LEE NELSON WEBERTRUSTEE
Trustee or director, Officer
0.1$0$0
DORETHA ARDOINTRUSTEE
Trustee or director
0.1$0$0
KIM SIMSTRUSTEE
Trustee or director, Officer
0.1$0$0
GIL SEGOVIAFORMER TRUSTEE
Trustee or director
0.1$0$0
GEORGE LARIMORETRUSTEE
Trustee or director
0.1$0$0
JEFF WASHBURNETRUSTEE
Trustee or director
0.1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEREMY DEROOCHIEF EXECUTIVE OFFICER
Trustee or director, Officer
0.1$0$210,352$32,206
ALONDA TRAMMELL-MILLERCHIEF SERVICES OFFICER
Officer
0.1$0$143,336$19,933
FELISHA RODRIGUEZCHIEF OPERATING OFFICER
Officer
0.1$0$139,961$16,251
KIM CROSSFORMER COO
Officer
0.1$0$148,927$4,487
DAVID DE VELDERFORMER DIRECTOR OF COMMUNITY LAND
Officer
40$73,729$0$17,268
STEVE RECKERFORMER CFO
Officer
0.1$0$81,918$5,335
VINCE LAMBERTCHIEF FINANCIAL OFFICERS
Officer
0.1$0$68,308$6,181
JACOB HORNERCHIEF REAL ESTATE DEVELOPMENT OFFICER (BEG OCT)
Officer
0.1$0$26,747$4,376
RICH KOGELSCHATZTRUSTEE
Trustee or director
0.1$0$0$0
LEE NELSON WEBERCHAIRPERSON
Trustee or director, Officer
0.1$0$0$0
DORETHA ARDOINTRUSTEE
Trustee or director
0.1$0$0$0
GIL SEGOVIATREASURER
Trustee or director, Officer
0.1$0$0$0
KIM SIMSTRUSTEE
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
101 SHELDON AVE SE STE 2, GRAND RAPIDS, MI 49503-4262
Principal officer (990 for 2024)
VINCE LAMBERT, 101 SHELDON BLVD SE STE 2, GRAND RAPIDS, MI 495034262
Signed the 990
VINCE LAMBERT, CFO
Phone
(616) 855-0411
Return prepared by
EAG AFFORDABLE HOUSING LLC

Mission

TO PROVIDE OPPORTUNITIES FOR LOW-INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE AND THAT IS CONTROLLED BY THEM ON A LONG-TERM BASIS.

990 for the year ended December 31, 2024

Program accomplishments

  • AS A COMMUNITY LAND TRUST, DP CLT PROVIDES VOLUNTARY ASSISTANCE FOR LOW-INCOME WORKING FAMILIES BY PROVIDING EQUITY FUNDING TO PERMANENTLY REDUCE THE COST OF HOMES FOR INCOME-QUALIFIED HOME BUYERS. LOW-INCOME HOUSEHOLDS WILL PURCHASE AND OWN AFFORDABLY PRICED HOMES AND ENTER AN 89 YEAR GROUND LEASE AGREEMENT GRANTING THEM AN EXCLUSIVE, DURABLE, ENFORCEABLE RIGHT TO THE LOT ON WHICH THEIR HOME SITS; THE LEASE WILL BE ASSIGNABLE TO QUALIFIED HEIRS AND RENEWABLE FOR A SECOND 89 YEAR TERM.
    Expenses $300,549 · revenue $145,627

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-1916187
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,660,756
Income (IRS master file)
$1,536,604

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,234,075$334,822$10,660,756XML
990December 2023$66,916$241,557$3,461,259XML
990December 2022$486,541$408,973$811,728IRS
990December 2021–––IRS
990December 2020–––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 85-1916187).

Questions about DWELLING PLACE REGIONAL COMMUNITY LAND TRUST

What is the EIN of DWELLING PLACE REGIONAL COMMUNITY LAND TRUST?
The employer identification number (EIN) of DWELLING PLACE REGIONAL COMMUNITY LAND TRUST is 85-1916187.
Is DWELLING PLACE REGIONAL COMMUNITY LAND TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to DWELLING PLACE REGIONAL COMMUNITY LAND TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DWELLING PLACE REGIONAL 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 DWELLING PLACE REGIONAL 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 DWELLING PLACE REGIONAL 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 DWELLING PLACE REGIONAL COMMUNITY LAND TRUST?
The 990 for the year ended December 31, 2024 names VINCE LAMBERT.
Who are the officers and directors of DWELLING PLACE REGIONAL COMMUNITY LAND TRUST?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does DWELLING PLACE REGIONAL COMMUNITY LAND TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,234,075, expenses of $334,822 and total assets of $10,660,756 at year end.

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