Chicago Community Land Trust
Chicago Community Land Trust maintains strong asset growth and reports no officer compensation.
EIN: 10883062 · Chicago, IL · NTEE: L210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $621K |
| Program Spending | 90% |
| Net Assets | $3.4M |
| Transparency Score | 92/100 |
Is Chicago Community Land Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chicago Community Land Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chicago Community Land Trust
Chicago Community Land Trust (EIN: 10883062) is a nonprofit organization based in Chicago, IL, classified under NTEE code L210. The organization reported total revenue of $1.0M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chicago Community Land Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chicago Community Land Trust is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $714K |
| Total Expenses | $621K |
| Surplus / Deficit | +$93K |
| Total Assets | $3.4M |
| Total Liabilities | $15K |
| Net Assets | $3.4M |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 65.6 months |
Financial Health Grade: A
In 2023, Chicago Community Land Trust reported a surplus of $93K with revenue exceeding expenses, holds 65.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chicago Community Land Trust's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.1% | +41.1% | +0.7% |
| 2022 | +60.4% | +28.2% | +4.4% |
| 2021 | -90.3% | +31.5% | -0.6% |
| 2020 | +1115.3% | +11.9% | +1398.0% |
| 2019 | +55.8% | +40.9% | +23.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chicago Community Land Trust with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Chicago Community Land Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, which would warrant further investigation for complete transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Chicago Community Land Trust's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Chicago Community Land Trust:
- Consistent asset growth, reaching over $3.3 million in 2023, indicating strong financial health and capacity.
- Low liabilities relative to assets, suggesting a strong balance sheet and minimal financial risk.
- Consistent operational surpluses in most recent years (e.g., $713,581 revenue vs. $620,572 expenses in 2023).
- Strong program focus implied by the 0% officer compensation and mission-aligned asset accumulation.
- Regular and consistent IRS 990 filings over 13 periods, demonstrating commitment to transparency and compliance.
Frequently Asked Questions about Chicago Community Land Trust
Is Chicago Community Land Trust a legitimate charity?
Chicago Community Land Trust (EIN: 10883062) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Chicago Community Land Trust spend its money?
Chicago Community Land Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Chicago Community Land Trust tax-deductible?
Chicago Community Land Trust is registered as a tax-exempt nonprofit (EIN: 10883062). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Chicago Community Land Trust compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Chicago Community Land Trust is above average for NTEE category L210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chicago Community Land Trust located?
Chicago Community Land Trust is headquartered in Chicago, Illinois and files with the IRS under EIN 10883062. It is classified under NTEE code L210.
How many years of IRS 990 filings does Chicago Community Land Trust have?
Chicago Community Land Trust has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
How does Chicago Community Land Trust manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual. It suggests either a fully volunteer executive leadership team, or that executive compensation is included within other expense categories, which would require a deeper dive into their detailed financial statements to understand fully.
What caused the significant revenue spike in 2020?
In 2020, the organization reported a revenue of $3,291,702, a substantial increase from previous and subsequent years. This could be due to a large one-time grant, a major capital campaign, or a significant property acquisition/sale related to their land trust activities. Further details from the 2020 990 filing would be needed to identify the specific source.
What is the primary use of the organization's growing assets?
As a Community Land Trust, it is highly probable that the significant and growing assets, which reached $3,393,435 in 2023, primarily consist of land and properties held in trust to provide affordable housing and community benefits. This aligns directly with their NTEE code L210 (Housing Development, Construction & Management).
Filing History
IRS 990 filing history for Chicago Community Land Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chicago Community Land Trust's revenue has grown by 201.7%, moving from $236K to $714K. Total assets increased by 5153.6% over the same period, from $65K to $3.4M. Total functional expenses rose by 178.9%, from $223K to $621K. In its most recent filing year (2023), Chicago Community Land Trust reported a surplus of $93K, with revenue exceeding expenses. The organization holds $15K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $714K | $621K | $3.4M | $15K | — | — |
| 2022 | $513K | $440K | $3.4M | $86K | — | View 990 |
| 2021 | $320K | $343K | $3.2M | $17K | — | View 990 |
| 2020 | $3.3M | $261K | $3.2M | $13K | — | View 990 |
| 2019 | $271K | $233K | $217K | $12K | — | View 990 |
| 2018 | $174K | $166K | $176K | $9K | — | View 990 |
| 2017 | $159K | $148K | $162K | $3K | — | View 990 |
| 2016 | $195K | $176K | $152K | $5K | — | View 990 |
| 2015 | $250K | $235K | $135K | $7K | — | View 990 |
| 2014 | $243K | $221K | $119K | $6K | — | View 990 |
| 2013 | $244K | $225K | $97K | $6K | — | View 990 |
| 2012 | $230K | $212K | $79K | $6K | — | View 990 |
| 2011 | $236K | $223K | $65K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $714K, expenses of $621K, and assets of $3.4M (revenue +39.1% year-over-year).
- 2022: Revenue of $513K, expenses of $440K, and assets of $3.4M (revenue +60.4% year-over-year).
- 2021: Revenue of $320K, expenses of $343K, and assets of $3.2M (revenue -90.3% year-over-year).
- 2020: Revenue of $3.3M, expenses of $261K, and assets of $3.2M (revenue +1115.3% year-over-year).
- 2019: Revenue of $271K, expenses of $233K, and assets of $217K (revenue +55.8% year-over-year).
- 2018: Revenue of $174K, expenses of $166K, and assets of $176K (revenue +9.0% year-over-year).
- 2017: Revenue of $159K, expenses of $148K, and assets of $162K (revenue -18.3% year-over-year).
- 2016: Revenue of $195K, expenses of $176K, and assets of $152K (revenue -21.9% year-over-year).
- 2015: Revenue of $250K, expenses of $235K, and assets of $135K (revenue +2.8% year-over-year).
- 2014: Revenue of $243K, expenses of $221K, and assets of $119K (revenue -0.2% year-over-year).
- 2013: Revenue of $244K, expenses of $225K, and assets of $97K (revenue +6.0% year-over-year).
- 2012: Revenue of $230K, expenses of $212K, and assets of $79K (revenue -2.8% year-over-year).
- 2011: Revenue of $236K, expenses of $223K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chicago Community Land Trust:
Data Sources and Methodology
This transparency report for Chicago Community Land Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.