EIN 39-1680095

Madison Area Community Land Tr

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1990
Most recent tax filings
2023-12-01
Description
The Madison Area Community Land Trust liberates land for marginalized populations, preserves urban space, and provides affordable homeownership opportunities. MACLT stewards 62 permanently affordable homes and the land underneath them, as well as the land under 10 market-rate homes.
Also known as...
Madison Area CLT Corporation
Total revenues
$1,272,410
2023
Total expenses
$1,018,916
2023
Total assets
$2,889,094
2023
Num. employees
3
2023

Program areas at Madison Area Community Land Tr

Madison Area Community Land trust provides ongoing stewardship of 62 homes and the Land underneath them that are kept permanently affordable under the terms of a ground lease and/or declaration of restrictive covenants with the Land trust. Maclt also stewards the Land under 10 market-rate homes as well as conservation and agricultural Land. And maclt has a maintenance services program that involves obtaining grant funding and coordinating maintenance services to the low-income homeowners in our homeownership program.

Who funds Madison Area Community Land Tr

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Roots and Wings FoundationUnrestricted Grant$50,000
Otto Bremer Trust (OBT)General Operations$30,000
Wheda FoundationPermanent$29,586
...and 6 more grants received

Financials for Madison Area Community Land Tr

RevenuesFYE 12/2023
Total grants, contributions, etc.$986,336
Program services$198,874
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$87,200
Total revenues$1,272,410
Data update history
February 24, 2025
Updated personnel
Identified 1 new personnel
January 23, 2025
Updated personnel
Identified 2 new personnel
January 12, 2025
Received grants
Identified 7 new grant, including a grant for $50,000 from The Roots and Wings Foundation
January 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
November 23, 2024
Received grants
Identified 3 new grant, including a grant for $30,000 from Otto Bremer Trust (OBT)
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
902 Royster Oaks Dr Ste 105
Madison, WI 53714
Metro area
Madison, WI
County
Dane County, WI
Website URL
maclt.org/ 
Phone
(608) 285-2691
IRS details
EIN
39-1680095
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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