Holyoke Community Land Trust Inc
Nonprofit profile at a glance
- EIN
- 043085298
- IRS 990-EZ coverage
- 2017–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2010
- Location
- Holyoke, MA, USA
- Phone
- 4135345231
- Rating confidence
- Limited
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $-147,755
- Expenses
- $4,140
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MYRIAM QUINONES (PRESIDENT)
People named in this filing
- MYRIAM QUINONES (PRESIDENT)
- HECTOR MARTINEZ (TREASURER)
- DEBORAH RODRIGUEZ (CLERK)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Stewardship of existing units in this community land trust (seventeen buildings which comprises of nineteen dwelling units); the properties are deed-restricted for fifteen years then the deed is conveyed to the leaseholders. This amendment to the ground lease occured during the current year.
What it reported doing in 2020
Stewardship of existing units in this community land trust (seventeen buildings which comprises of nineteen dwelling units); theses properties are deed restricted for fifteen years and then the deed is conveyed to the leaseholders.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 13
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -102.8%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -8.6% per year; rating input score 0; 39th percentile among comparable filings
- Revenue growth: Limited
- Asset growth: -48.8% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2017 to 2020
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.