ESSEX COMMUNITY LAND TRUST INC

EIN: 453725586 501(c)(3) Housing & Shelter

MONTCLAIR, NJ

Total Revenue
$137,240
Total Expenses
$89,622
Total Assets
$766,576
Net Assets
$764,751
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NJ
Principal Officer
HAROLD SIMON
Phone
9733064738
Tax Period
2023-01-01 to 2023-12-31

ESSEX COMMUNITY LAND TRUST INC, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $137K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $48K, a strong 35% operating margin.

Mission

THE ESSEX COMMUNITY LAND TRUST IS AN ORGANIZATION THAT HOLDS LAND IN TRUST FOR THE PURPOSES OF PRESERVING AFFORDABILITY OF THE HOMES BUILT ON THE LAND BY COMMUNITY DEVELOPERS. IN DOING THIS, THE ORGANIZATION ALSO PRESERVES PUBLIC DOLLARS USED TO BUILD RECONSTRUCT HOUSING AND ENSURES THE LOW TO MODERATE INCOME BUYERS SUCCEED AS BUYERS AND DO NOT FORECLOSE BY PROVIDING PRE AND POST PURCHASE STEWARDSHIP.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $133,340
Program Service Revenue $3,900
Investment Income $0
Other Revenue $0
TOTAL REVENUE $137,240

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $89,622
Other Expenses $89,622
TOTAL EXPENSES $89,622

Year-over-Year Comparison

2023 2022 Change
Revenue $137,240 $197,675 -0.3%
Expenses $89,622 $67,061 +0.3%
Net Income $47,618 $130,614 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

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
10
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL ARNDT BOARD VICE P N/A
Officer
$0 $0 $0
ARNOLD COHEN BOARD MEMBER N/A
Officer
$0 $0 $0
DREW CURTIS BOARD SECRET N/A
Officer
$0 $0 $0
JAMES DEFILIPPIS BOARD MEMBER N/A
Officer
$0 $0 $0
RENEE PEARSON BOARD MEMBER N/A
Officer
$0 $0 $0
DARLENE REEVES BOARD MEMBER N/A
Officer
$0 $0 $0
LEONARD ROBBINS BOARD MEMBER N/A
Officer
$0 $0 $0
HAROLD SIMON BOARD MEMBER N/A
Officer
$0 $0 $0
ALAINA THOMAS BOARD MEMBER N/A
Officer
$0 $0 $0
BRITNEE TIMBERLAKE FOUNDER N/A
Officer
$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
2024 No data No data No data No data
2023 $137,240 $89,622 $766,576 $47,618
2022 $197,675 $67,061 $716,931 $130,614
2021 $141,640 $59,909 $587,199 $81,731
2020 $54,407 $67,144 $509,269 $-12,737
2019 $365,450 $268,398 $565,319 $97,052
2018 $159,615 $609,624 $539,875 $-450,009
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ESSEX COMMUNITY LAND TRUST INC with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.