COMMUNITY LAND TRUST OF PALM BEACH COUNTY INC
4938 DAVIS ROAD, LAKE WORTH, FL 33461 www.cltofpbc.org

Total Revenue
$564,708
Total Expenses
$707,217
Net Assets
$809,884

Organizations Filed Purposes: TO INCREASE THE PERMANENT SUPPLY OF HOUSING AFFORDABLE FOR VERY-LOW, LOW AND MODERATE INCOME RESIDENTS IN PALM BEACH COUNTY.

COMPLETED PHASE 1 OF THE KIRK ROAD CLT HOMES PROJECT COMPRISED OF THREE (3) 2BD/2BA HOMES, ONE (1) 4BD/2BA HOME, AND TWO (2) ATTACHED 3BD/2BA HOMES. THE PROJECT WAS FINANCED WITH A $654,767 FEDERAL HOME CHDO LOAN FROM PALM BEACH COUNTY AND A $1 MILLION DOLLAR CONSTRUCTION LOAN FROM THE PALM BEACH COUNTY HOUSING FINANCE AUTHORITY. COMPLETED THE REHABILITATION OF 702 LATONA AVE IN THE CITY OF LAKE WORTH. THIS HOME WILL BE SOLD TO A HOUSEHOLD WHOSE INCOME IS AT OR BELOW 50% OF THE AMI.MADE 80 AFFORDABLE RENTAL HOUSING UNITS AVAILABLE TO HOUSEHOLDS WITH INCOMES RANGING FROM 30% AMI TO 120% AMI AT DAVIS LANDINGS, LA JOYA VILLAGES AND THE CLT OF PBC'S LEASE WITH AN OPTION TO PURCHASE PROGRAM. SOLD 20 AFFORDABLE HOUSES UNDER THE COMMUNITY LAND TRUST MODEL OF HOMEOWNERSHIP TO ELIGIBLE FAMILIES WITH INCOMES BELOW 80% AMI. PROVIDED HOUSING RELATED SERVICES TO 657 WALK IN CLIENTS.PROVIDED STEWARDSHIP SERVICES TO 56 COMMUNITY LAND TRUST HOUSEHOLDS.HELD 11 COMMUNITY LAND TRUST ORIENTATIONS.

COMPLETED THE REHABILITATION OF THE TOWNHOUSE AT 5030 ELMHURST ROAD IN WEST PALM BEACH AND SOLD IT UNDER THE COMMUNITY LAND TRUST MODEL OF HOMEOWNERSHIP TO A HOMEBUYER WHOSE HOUSEHOLD INCOME IS BELOW 120% OF THE AMI.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Cindee Lacourse-BlumEXECUTIVE DIRECTOR40$97,353
Sandra YoungDIRECTOR0.5$0
Randy S WertepnyDIRECTOR0.5$0
Derrick PennDIRECTOR0.5$0
Carolyn PelicieuxDIRECTOR0.5$0
Tammy McdonaldDIRECTOR0.5$0
Tangenica HenryDIRECTOR0.5$0
Shirley ErazoDIRECTOR0.5$0
Silvia RickettsSECRETARY0.5$0
Andrew ZeemanTREASURER0.5$0
Hazel LucasVICE PRESIDENT0.5$0
Timothy P WheatPRESIDENT0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202042209349300014_public.xml