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Nonprofit · EIN 84-3434830

COMMUNITY HOMES LAND TRUST

Tax-exempt · GRAND RAPIDS, MI 49507

Financials

$142K$107K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY HOMES LAND TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$141,591$106,788$34,803$623,236$338,565$284,671
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$7,788
Investment income
$132,600
Net gain from sales of assets
$132,600
Other revenue
$1,203

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$275
Accounting fees
$12,100
Occupancy
$620
Program services (functional)
$102,389
Management and general (functional)
$4,399

Balance sheet and other

Total assets, start of year
$1,226,093
Total assets, end of year
$623,236
Total liabilities, end of year
$338,565
Net assets, end of year
$284,671
Land, buildings and equipment
$270,219
Net assets without donor restrictions
$284,671
Gross receipts
$141,931
Employees
0
Volunteers
1
Year formed
2018
State of legal domicile
MI

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RYAN VER WYSCEO
Officer
1$0$129,287$12,054
JAN VAN DER WOERDPRESIDENT
Trustee or director, Officer
1$0$91,685$17,201
MOLLY PETERSENVICE PRESIDENT OF FINANCE
Officer
1$0$103,343$0
ANDREW D HAKKENSECRETARY
Trustee or director, Officer
1$0$90,698$9,009
DAKOTA RIEHLVICE PRESIDENT
Officer
1$0$74,121$8,976
DEVETTA BLAKELYDIRECTOR
Trustee or director
1$0$0$0
JON IPPELDIRECTOR
Trustee or director
1$0$0$0
JAY KILGODIRECTOR
Trustee or director
1$0$0$0
DANA DAVIS GARCIADIRECTOR
Trustee or director
1$0$0$0
BERNIZ CONSTANZA TERPSTRADIRECTOR - PART YEAR
Trustee or director
1$0$0$0
MICHELLE COVINGTONDIRECTOR - PART YEAR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
415 MARTIN LUTHER KING JR ST SE 1, GRAND RAPIDS, MI 49507-1275
In care of
% RYAN VERWYS
Principal officer (990 for 2024)
MOLLY PETERSEN, 415 MARTIN LUTHER KING JR ST SE 100, GRAND RAPIDS, MI 49507
Signed the 990
MOLLY PETERSEN, VP FINANCE
Phone
(616) 336-9333
Return prepared by
PLANTE & MORAN PLLC

Mission

TO ACQUIRE, OWN, DISPOSE OF, AND DEAL WITH REAL AND PERSONAL PROPERTY AND INTERESTS TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE. TO PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING FOR FUTURE LOW AND MODERATE INCOME RESIDENTS OF THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • TO ACQUIRE, OWN, DISPOSE OF, AND DEAL WITH REAL AND PERSONAL PROPERTY AND INTERESTS TO PROVIDE OPPORTUNITIES FOR LOW AND MODERATE INCOME PEOPLE TO SECURE HOUSING THAT IS DECENT AND AFFORDABLE. TO PRESERVE THE QUALITY AND AFFORDABILITY OF HOUSING FOR FUTURE LOW AND MODERATE INCOME RESIDENTS OF THE COMMUNITY.
    Expenses $102,389 · revenue $8,991

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
84-3434830
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$623,236
Income (IRS master file)
$141,931

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$141,591$106,788$623,236XML
990December 2022–––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 84-3434830).

Questions about COMMUNITY HOMES LAND TRUST

What is the EIN of COMMUNITY HOMES LAND TRUST?
The employer identification number (EIN) of COMMUNITY HOMES LAND TRUST is 84-3434830.
Is COMMUNITY HOMES LAND TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to COMMUNITY HOMES LAND TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY HOMES LAND TRUST 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 HOMES LAND TRUST due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY HOMES LAND TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY HOMES LAND TRUST?
The 990 for the year ended December 31, 2024 names MOLLY PETERSEN.
Who are the officers and directors of COMMUNITY HOMES LAND TRUST?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does COMMUNITY HOMES LAND TRUST have?
On its 990 for the year ended December 31, 2024 it reported revenue of $141,591, expenses of $106,788 and total assets of $623,236 at year end.

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