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  4. Two Rivers Community Land Trust
EIN 41-1971550

Two Rivers Community Land Trust

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Woodbury
State
Minnesota
Year formed
2000
Most recent tax filings
2022-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
The Two Rivers Community Land Trust provides permanently affordable housing alternatives for low and moderate income individuals, families, and households earning up to 80% of median income within Washington County in the state of Minnesota. The organization offers ownership services including buyer outreach, referral to community housing resources, training for potential community Land Trust homebuyers, facilitates buyer process & closing, and provides post purchase support to owners. Additionally, the Two Rivers Community Land Trust creates housing through their housing development program.
Total revenues
$1,632,577
2022
Total expenses
$1,463,107
2022
Total assets
$3,595,116
2022
Num. employees
3
2022

Program areas at Two Rivers Community Land Trust

Ownership services: provides buyer outreach, referral to Community housing resources, training for potential ocmmunity Land Trust homebuyers, facilitates buyer process & closing, provides post purchase support to owners. Housing development: creates housing development opportunities for new construction & acquisistion and rehab; negotiates projects with partners; develops project pro forma for multi-year housing development projects; negotiates financing for programs; raises housing development private & government funds; creates partnerships with cities & counties; financial management of housing development projects; works with contracted service provider to manage rehab on units.

Who funds Two Rivers Community Land Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hugh J Andersen FoundationGeneral Operating & Capital Support$50,000
Otto Bremer Trust (OBT)General Operations$45,000
Fred C and Katherine B Andersen FoundationGeneral Support$40,000
...and 2 more grants received

Personnel at Two Rivers Community Land Trust

NameTitleCompensation
Sherry Timmermann GoodpasterExecutive Director$90,244
Sunny Bjorklund SchultzChair$0
Michael MeisVice Chair$0
Tanner JohnsonTreasurer$0
Gene AhoSecretary$0
...and 7 more key personnel

Financials for Two Rivers Community Land Trust

RevenuesFYE 12/2022
Total grants, contributions, etc.$460,841
Program services$1,171,531
Investment income and dividends$205
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$0
Total revenues$1,632,577

Form 990s for Two Rivers Community Land Trust

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-12990View PDF
2021-122022-10-25990View PDF
2020-122022-01-15990View PDF
2020-122021-05-26990View PDF
2019-122020-08-27990View PDF
...and 10 more Form 990s

Organizations like Two Rivers Community Land Trust

OrganizationLocationRevenue
City of Lakes Community Land TrustMinneapolis, MN$2,266,852
San Francisco Community Land Trust (SFCLT)San Francisco, CA$3,351,516
Chinatown Community Land TrustBoston, MA$698,181
Lexington Community Land TrustLexington, KY$919,698
24 1 Community Land Trust (CLT)Saint Louis, MO$1,098,444
Vashon HouseholdVashon, WA$1,002,799
Pahc ApartmentsPalo Alto, CA$4,276,884
Palm City Garden ApartmentsFort Myers, FL$948,889
TG 106 (West Ave)San Antonio, TX$3,363,943
Habitat for Humanity of Gunnison ValleyGunnison, CO$617,568
Data update history
October 24, 2023
Received grants
Identified 2 new grant, including a grant for $45,000 from Otto Bremer Trust (OBT)
August 19, 2023
Received grants
Identified 4 new grant, including a grant for $50,000 from Hugh J Andersen Foundation
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
PO Box 25451
Woodbury, MN 55125
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Washington County, MN
Website URL
tworiversclt.org/ 
Phone
(651) 994-9194
IRS details
EIN
41-1971550
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2000
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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