Program areas at Raleigh Area Land Trust
Continued site preparation for cottages of idlewild, an 18-unit affordable housing development aiming to provide home purchase and rental opportunities for low income residents (below 80% ami)
Completed community outreach to 105 potential homebuyers and community residents
Expanded homeownership program to serve 15 prospective homebuyers by providing homebuyer education and connections to support services including financial counseling and down payment assistance programs
Sold two homes at an affordable price to low-income homebuyers and preserved Land in community Land Trust for 99+ years
Hosted a two-day volunteer event to provide landscaping and property upgrades to two affordable homes for future residents
Who funds Raleigh Area Land Trust
Grants from foundations and other nonprofits
Financials for Raleigh Area Land Trust
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $644,203 | $345,551 | 86.4% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $274 | $66 | 315.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $9,229 | -100% |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $67,238 | $0 | 999% |
| Miscellaneous revenues | $103 | $517 | -80.1% |
| Total revenues | $711,818 | $355,363 | 100.3% |
Organizations like Raleigh Area Land Trust
| Organization | Type | Location | Revenue |
|---|
| Pima County Community Land Trust | 501(c)(3) | Tucson, AZ | $693,485 |
| Amherst Community Land Trust | 501(c)(3) | Amherst, MA | $204,021 |
| East Harlem El Barrio Community Land | 501(c)(3) | New York, NY | $198,250 |
| Home Trust of Skagit | 501(c)(3) | Mount Vernon, WA | $797,124 |
| Southern Pines Land and Housing Trust | 501(c)(3) | Southern Pines, NC | $555,318 |
| Chicago Community Land Trust | 501(c)(3) | Chicago, IL | $713,581 |
| Colorado Community Land Trust Denver LLC | 501(c)(3) | Denver, CO | $655,416 |
| Collier County Community Land Trust | 501(c)(3) | Naples, FL | $519,327 |
| Piedmont Community Land Trust | 501(c)(3) | Charlottesville, VA | $257,679 |
| Shadetree Historical Artisan Development Engine | 501(c)(3) | Oakland, CA | $323,061 |
Data update history
February 12, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 10, 2025
Updated personnel
Identified 1 new personnel
November 24, 2024
Received grants
Identified 1 new grant, including a grant for $3,900 from Mungo Homes Foundation August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Legally formed as corporationState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 311 New Bern Ave 28363
- Raleigh, NC 27601
- Metro area
- Raleigh-Cary, NC
- County
- Wake County, NC
- Website URL
- ralt.org/Â
- Phone
- (503) 333-5774
IRS details
- EIN
- 83-1319881
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2018
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L21: Public Housing Facilities
- NAICS code, primary
- 813312: Environment, Conservation, and Wildlife Organizations
- Parent/child status
- Independent
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