Nonprofit · EIN 20-5090958
COMMUNITY LAND TRUST OF PALM BEACH COUNTY
Tax-exempt · LAKE WORTH, FL 33461
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,434,206 | $1,296,953 | $137,253 | $10,223,436 | $10,426,094 | -$202,658 |
| September 30, 2024 | 990 | $1,161,237 | $921,753 | $239,484 | $9,358,473 | $9,986,093 | -$627,620 |
| September 30, 2023 | 990 | $470,845 | $871,895 | -$401,050 | $8,684,877 | $9,551,981 | -$867,104 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $657,670
- of which government grants
- $624,467
- Program service revenue
- $745,308
- Investment income
- $31,228
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $300,000
- Compensation of officers, directors and key employees
- $121,340
- Other salaries and wages
- $114,845
- Salaries, compensation and benefits (total)
- $278,843
- Professional fundraising fees
- $0
- Legal fees
- $13,550
- Accounting fees
- $43,800
- Occupancy
- $15,908
- Depreciation
- $205,526
- Program services (functional)
- $1,206,608
- Management and general (functional)
- $90,345
Balance sheet and other
- Total assets, start of year
- $9,358,473
- Total assets, end of year
- $10,223,436
- Total liabilities, end of year
- $10,426,094
- Net assets, end of year
- -$202,658
- Land, buildings and equipment
- $8,743,652
- Net assets without donor restrictions
- -$5,916,955
- Net assets with donor restrictions
- $5,714,297
- Gross receipts
- $1,434,206
- Employees
- 3
- Volunteers
- 18
- Year formed
- 2006
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CYNTHIA LACOURSE-BLUM | EXECUTIVE DIRECTOR Officer | 40 | $122,476 | $3,420 |
| TIMOTHY P WHEAT | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| TAMMY MCDONALD | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| ANDREW ZEEMAN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| RANDY S WERTEPNY | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| SILVIA RICKETTS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SHIRLEY ERAZO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TANGENICA HENRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DERRICK PENN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| HAZEL LUCAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AIME ROGERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STACEY STEVENS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CYNTHIA LACOURSE-BLUM | EXECUTIVE DIRECTOR Officer | 40 | $115,254 | $3,420 |
| TIMOTHY P WHEAT | PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| TAMMY MCDONALD | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 | $0 |
| ANDREW ZEEMAN | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| SILVIA RICKETTS | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| SHIRLEY ERAZO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TANGENICA HENRY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DERRICK PENN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RANDY S WERTEPNY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SANDRA YOUNG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDEE LACOURSE-BLUM | EXECUTIVE DIRECTOR Officer | 40 | $108,493 |
| TIMOTHY P WHEAT | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| HAZEL LUCAS | VICE PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| ANDREW ZEEMAN | TREASURER Trustee or director, Officer | 0.5 | $0 |
| SILVIA RICKETTS | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| SHIRLEY ERAZO | DIRECTOR Trustee or director | 0.5 | $0 |
| TANGENICA HENRY | DIRECTOR Trustee or director | 0.5 | $0 |
| TAMMY MCDONALD | DIRECTOR Trustee or director | 0.5 | $0 |
| DERRICK PENN | DIRECTOR Trustee or director | 0.5 | $0 |
| RANDY S WERTEPNY | DIRECTOR Trustee or director | 0.5 | $0 |
| SANDRA YOUNG | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 4938 DAVIS ROAD, LAKE WORTH, FL 33461-5503
- In care of
- % REMAR M HARVIN
- Principal officer (990 for 2024)
- CINDEE LACOURSE-BLUM, 4938 DAVIS ROAD, LAKE WORTH, FL 33461
- Signed the 990
- CINDEE LACOURSE-BLUM, EXECUTIVE DIRECTOR
- Phone
- (561) 318-8430
- Website
- WWW.CLTOFPBC.ORG
- Return prepared by
- TEMPLETON & COMPANY LLP
Mission
SEE SCHEDULE O.
Program accomplishments
- THROUGH THE COMMITMENT OF ITS ALL-VOLUNTEER BOARD OF DIRECTORS, THE DEDICATION OF ITS STAFF, AND SUPPORT OF ITS MEMBERS, THE CLT OF PBCTC HAS BEEN ABLE TO ACCOMPLISH THE FOLLOWING IN FY 2024-25:LAKE WORTH BEACH CLT VILLAS PROJECT - CONSTRUCTION BEGAN ON LAKE WORTH BEACH CLT VILLAS, THE NEXT PHASE OF THE LAKE WORTH BEACH CLT COTTAGE HOMES INITIATIVE. THIS PHASE INCLUDES EIGHT (8) ATTACHED SINGLE-FAMILY HOMES, EACH WITH THREE BEDROOMS AND TWO BATHROOMS, LOCATED ON FOUR LOTS DONATED BY THE LAKE WORTH BEACH CRA. HOMES ARE SET-ASIDE FOR HOUSEHOLDS EARNING AT OR BELOW 80% OF THE AREA MEDIAN INCOME (AMI). THE PROJECT RECEIVED $1 MILLION IN FEDERAL HOME CHDO FUNDING AND $1.64 MILLION IN PALM BEACH COUNTY HOUSING BOND FINANCING.AFFORDABLE HOME SALES - SOLD FOUR (4) AFFORDABLE HOMES UNDER THE COMMUNITY LAND TRUST MODEL TO ELIGIBLE HOUSEHOLDS EARNING BELOW 100% OF THE AREA MEDIAN INCOME (AMI). THESE SALES EXPANDED ACCESS TO STABLE, PERMANENTLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOCAL WORKING FAMILIES.PROVIDED AND MAINTAINED 80 AFFORDABLE RENTAL UNITS AT DAVIS LANDINGS AND LA JOYA VILLAGES, SERVING HOUSEHOLDS WITH INCOMES RANGING FROM 30% TO 120% OF THE AREA MEDIAN INCOME (AMI). THESE DEVELOPMENTS CONTINUE TO OFFER HIGH-QUALITY, STABLE HOUSING OPTIONS FOR A DIVERSE RANGE OF WORKING FAMILIES IN PALM BEACH COUNTY.Expenses $1,206,608 · grants $300,000 · revenue $745,308
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 20-5090958
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $10,223,436
- Income (IRS master file)
- $1,434,206
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,434,206 | $1,296,953 | $10,223,436 | XML |
| 990 | September 2024 | $1,161,237 | $921,753 | $9,358,473 | XML |
| 990 | September 2023 | $470,845 | $871,895 | $8,684,877 | XML |
| 990 | September 2022 | $941,353 | $1,042,573 | $7,684,960 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5090958).
Questions about COMMUNITY LAND TRUST OF PALM BEACH COUNTY
- What is the EIN of COMMUNITY LAND TRUST OF PALM BEACH COUNTY?
- The employer identification number (EIN) of COMMUNITY LAND TRUST OF PALM BEACH COUNTY is 20-5090958.
- Is COMMUNITY LAND TRUST OF PALM BEACH COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to COMMUNITY LAND TRUST OF PALM BEACH COUNTY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY LAND TRUST OF PALM BEACH COUNTY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY LAND TRUST OF PALM BEACH COUNTY due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY LAND TRUST OF PALM BEACH COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of COMMUNITY LAND TRUST OF PALM BEACH COUNTY?
- The 990 for the year ended September 30, 2025 names CINDEE LACOURSE-BLUM.
- Who are the officers and directors of COMMUNITY LAND TRUST OF PALM BEACH COUNTY?
- The 990 for the year ended September 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $122,476 (CYNTHIA LACOURSE-BLUM, EXECUTIVE DIRECTOR).
- How much revenue does COMMUNITY LAND TRUST OF PALM BEACH COUNTY have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,434,206, expenses of $1,296,953 and total assets of $10,223,436 at year end.
Other nonprofits in LAKE WORTH
- FAIR HOUSING CENTER OF THE GREATER PALM BEACHES EIN 65-0972629 · last filed 990 for 2025
- HABITAT HOUSING SOLUTIONS INC EIN 46-3352865 · last filed 990 for 2025
- PROMISE OF HOPE HOUSING INC EIN 93-3854313 · last filed 990-N for 2025
- SEE ME FOUNDATION INC EIN 92-3477631 · last filed 990-N for 2023
- LAKE WORTH COMMUNITY DEVELOPMENT CORPORATION EIN 65-0239821 · last filed 990-EZ for 2022
- UNITED STATES POLO ASSOCIATION INC EIN 36-3016024 · last filed 990 for 2024
- PALM BEACH COUNTY FOOD BANK INC EIN 90-0788707 · last filed 990 for 2025
- RESTORATION BRIDGE INTERNATIONAL INC EIN 55-0808840 · last filed 990 for 2025
All nonprofits in LAKE WORTH · Florida · Housing and shelter