Public Charity

BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC

Based in LOS ANGELES, CA, BLACK OWNED AND OPERATED COMMUNITY LAND TRUST INC operates as a Public Charity. The organization reported $902K in revenue, $397K in expenses, $7.5M in total assets for fiscal year 2024. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $4.2M.

EIN: 822764286 LOS ANGELES, CA Human Service Organizations NTEE: P20 Latest filing: 2024
Total Revenue$902K
Total Expenses$397K
Total Assets$7.5M
Grant Records6
Funding Total$4.2M
Filing Years2020–2024

Mission

Dedicated to empowering Black communities in Leimert Park and beyond focusing on economic resilience community stability self-governance and small business development. Integrating healing modalities art and cultural preservation the organization aims to acquire develop and preserve land and housing for low- to moderate-income individuals and families particularly in historically Black communities in Los Angeles. It promotes economic development prevents displacement and offers affordable housing and commercial space to support small businesses cultural programming and community self-governance. Activities include property acquisition tenant stabilization leadership training and partnerships for equitable development and cultural heritage preservation.

Where $100 goes at Black Owned and Operated Community Land Trust Inc

How Black Owned and Operated Community Land Trust Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$65 Programs the work itself
$35 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $65 for programs

$65
Community Business Stabilization & Support
All program spending
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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.

Officers & Directors

Vice President Anthony L Jolly Jr
Committee Chair Charity Chandlercole
Treasurer Diandra Bremond Edd
Programs Committee Chair Niika Kuykendall
Chair Prophet Walker

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$4,100,000 3 grants
Civil Rights & Social Justice
$25,000 1 grant
General Support
$10,000 1 grant
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $902K $397K $7.5M
2023 $279K $716K $6.9M
2022 $777K $1.0M $7.1M
2021 $917K $595K $344K
2020 $189K $168K $21K

Between 2020 and 2024, reported annual revenue grew from $189K to $902K (+377%), with total assets most recently reported at $7.5M.

Interactive year-over-year charts and full filing details available with membership.

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