Essex Community Land Trust Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO STRENGTHEN COMMUNITIES IN ESSEX COUNTY AND ACROSS NEW JERSEY BY CREATING PERMANENT AFFORDABLE HOUSING, PROMOTING LAND RIGHTS, PREVENTING DISPLACEMENT, AND OFFERING FINANCIAL EMPOWERMENT OPPORTUNITIES.
- Income
- $189,690
- Spending
- $141,139
- Spent on programs
- 100%
- Reserves
- 69.1 months of spending
- Largest source of income
- government grants, 98%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 95% of charities in its peer group (housing, under $250k).
Reserves
35 of 35Spendable reserves would cover 69.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 26% of income.
Income trend
15 of 15Income rose 38% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 69 out of 100. Higher than 39% of charities in its peer group (housing, under $250k).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- THE ESSEX COMMUNITY LAND TRUST (ECLT) EXISTS TO CREATE AND PRESERVE PERMANENT AFFORDABLE HOUSING WHILE PROTECTING VITAL COMMUNITY ASSETS ACROSS NEW JERSEY. OUR PURPOSE IS ROOTED IN PROMOTING LAND RIGHTS, PREVENTING DISPLACEMENT, AND EMPOWERING RESIDENTS THROUGH FINANCIAL EDUCATION AND STEWARDSHIP. WHILE HOMEOWNERSHIP IS A CORE FOCUS, OUR WORK EXTENDS TO SAFEGUARDING CIVIC SPACES, CULTURAL LANDMARKS, AND OTHER COMMUNITY-OWNED RESOURCES THAT CONTRIBUTE TO LONG-TERM NEIGHBORHOOD STABILITY AND ECONOMIC JUSTICE. BY APPLYING THE TRADITIONAL COMMUNITY LAND TRUST MODEL, ECLT ENSURES THAT LAND AND ASSETS REMAIN ACCESSIBLE, AFFORDABLE, AND UNDER COMMUNITY CONTROL.
- $141,139 spent. THE GOALS OF THE ECLT ARE TO PROVIDE PERMANENT AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW-TO MODERATE-INCOME INDIVIDUALS; WARN AGAINST PREDATORY MORTGAGES; FACILITATE HOMEOWNER AND FINANCIAL SUCCESS EDUCATION; DIVERSIFY NEIGHBORHOODS IN TERMS OF ETHNICITY AND INCOME; INCREASE THE LENGTH OF DEED RESTRICTIONS; AND PROVIDE ON-GOING STEWARDSHIP OVER TRANSFORMED ABANDONED HOMES LOCATED ON CLT LAND.
- THE GOALS OF THE ECLT ARE TO PROVIDE PERMANENT AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW-TO MODERATE-INCOME INDIVIDUALS; WARN AGAINST PREDATORY MORTGAGES; FACILITATE HOMEOWNER AND FINANCIAL SUCCESS EDUCATION; DIVERSIFY NEIGHBORHOODS IN TERMS OF ETHNICITY AND INCOME; INCREASE THE LENGTH OF DEED RESTRICTIONS; AND PROVIDE ON-GOING STEWARDSHIP OVER TRANSFORMED ABANDONED HOMES LOCATED ON CLT LAND.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.