Taproot CLT Inc

Nonprofit profile at a glance

EIN
920538178
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Kingston, NY, USA
Phone
8457509222
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$197,765
Expenses
$103,106
Assets
$250,577
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • KRISTEN WILSON (BOARD CHAIR)
  • DAVID TODD (BOARD MEMBER)
  • ANDREW PEZZULLO (TREASURER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of TapRoot Community Land Trust is to offer quality, stable, and affordable housing to the underserved communities in Ulster County allowing permanent home ownership thereby protecting and stabilizing the community as a whole.

What it reported doing in 2025

In 2025, Taproot CLT transitioned from foundational planning to robust operational growth, significantly strengthening its organizational infrastructure and community presence. Key achievements included formalizing legal partnerships for real estate and ground leases, and expanding the professional team with a new Portfolio Development Manager and dedicated bookkeeping services. The organization also refined its core programs by establishing a Fair Housing and Homeowner Selection Policy and launching an educational webinar series. This momentum was matched by successful fundraising for portfolio expansion and the development of a strong pipeline for future projects and operational grants for 2026.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 84
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 47.9%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 2.43; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 22.6% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 46.6% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.