Mission
CREATING COMMUNITY OWNERSHIP THAT PRESERVES AFFORDABILITY AND INCLUSIVITY IS THE MISSION OF THE CITY OF LAKES COMMUNITY LAND TRUST.
Public Charity
CITY OF LAKES COMMUNITY LAND TRUST
CITY OF LAKES COMMUNITY LAND TRUST is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2024 filing: $3.1M revenue, $3.5M expenses, $31.4M total assets. 40 publicly reported grants to this organization, totaling roughly $11.7M, appear in IRS filings.
EIN: 061665031
MINNEAPOLIS, MN
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$3.1M
Total Expenses$3.5M
Total Assets$31.4M
Grant Records40
Funding Total$11.7M
Filing Years2020–2024
Where $100 goes at City of Lakes Community Land Trust
How City of Lakes Community Land Trust divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$97
Programs
the work itself
$2
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $97 for programs
$95
In 2024 the clclt assisted 48 new households achieve clclt homeownership in Minneapolis, bringing the total number of homes in trust to 415 via ground lease and deed…
$2
City of lakes community realty (clcr), a minnesota limited liabilty nonprofit company, was formed to facilitate land trust resales, purchases, and sell residential real estate on behalf of…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$10,500
HUMAN SERVICES
$5,070
HUMAN SERVICES, DONOR-ADVISED, HUMAN SERVICES
$104,000
For grant recipient's exempt purposes
$25,575
Grant for general operating support
$25,000
Showing up to 5 of 40 total records — full history available with membership.
Officers & Directors
EXECUTIVE DIRECTOR
Andrea Reese
MEMBER
Bonita Turnipseed
CHAIR
Catrice Williams
TREASURER
Christina A Jennings
MEMBER
Jasmine Billey
MEMBER
J Ralph Pace
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.1M | $3.5M | $31.4M |
| 2023 | $13.3M | $2.2M | $32.1M |
| 2022 | $2.3M | $4.3M | $15.8M |
| 2021 | $5.1M | $2.3M | $16.5M |
| 2020 | $2.5M | $1.8M | $12.6M |
Between 2020 and 2024, reported annual revenue grew from $2.5M to $3.1M (+23%), with total assets most recently reported at $31.4M.
Interactive year-over-year charts and full filing details available with membership.