HOUSING LAND TRUST OF SONOMA COUNTY

EIN: 330995500 501(c)(3) Housing & Shelter

Petaluma, CA

Total Revenue
$684,365
Total Expenses
$521,916
Total Assets
$27,858,215
Net Assets
$27,854,914
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CA
Principal Officer
Devika Goetschius
Phone
7077668875
Tax Period
2025-01-01 to 2025-12-31

HOUSING LAND TRUST OF SONOMA COUNTY, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $684K in total revenue in fiscal year 2025. Revenue fell 67% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $162K, a strong 24% operating margin.

Mission

The mission of the Housing Land Trust of the North Bay is to increase home ownership opportunities to low- and moderate-income families in North Bay while ensuring permanent housing affordability through the use of a land trust model. Our mission is based upon the belief that (1) all working families deserve a home of their own, and (2) communities with homeowners from a broad socio-economic range are the strongest and most vibrant.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $298,510
Program Service Revenue $366,540
Investment Income $19,315
Other Revenue $0
TOTAL REVENUE $684,365

Expense Breakdown

Grants Paid $0
Salaries & Benefits $367,808
Fundraising Expenses $0
Program Expenses $317,043
Other Expenses $154,108
TOTAL EXPENSES $521,916

Year-over-Year Comparison

2025 2024 Change
Revenue $684,365 $2,065,230 -0.7%
Expenses $521,916 $532,399 0.0%
Net Income $162,449 $1,532,831 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
4
Employees
3
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
6
$197,296
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Devika Goetschius Executive Direc 40.00
Director
$197,296 $0 $197,296
DAVID SEARS Secretary 1.00
Director
$0 $0 $0
Michael Hatfield President 1.00
Director
$0 $0 $0
Deborah Hatfield Vice President 1.00
Director
$0 $0 $0
KATHLEEN KANE Director 1.00
Director
$0 $0 $0
DAYMON DOSS Treasurer 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $684,365 $521,916 $27,858,215 $162,449
2024 $2,065,230 $532,399 $27,695,356 $1,532,831
2023 $3,045,719 $508,178 $26,162,023 $2,537,541
2022 $5,624,297 $568,400 $23,629,609 $5,055,897
2021 $3,835,752 $588,962 $18,574,505 $3,246,790
2020 $2,122,765 $471,522 $15,326,868 $1,651,243
2019 $3,013,619 $430,174 $13,671,872 $2,583,445
2018 $1,636,350 $681,877 $11,094,547 $954,473
2017 $1,678,999 $318,084 $10,130,245 $1,360,915
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