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Filing year 2024

FRANKFORT AREA COMMUNITY LAND TRUST

Frankfort, Michigan·EIN 87-4567668·NTEE L12 · Housing & Shelter·501(c)(3)
Total revenue
$318k
Total assets
$544k
Total expenses
$67k
Reported officers
8
Mission

THE FACLT IS A COMMUNITY LAND TRUST (CLT); A NON-PROFIT CREATED TO PROVIDE ATTAINABLE HOMES FOR THE BENEFIT OF OUR EXISTING COMMUNITY.

Reported officers (all unpaid)

No paid executives reported in 2024. FRANKFORT AREA COMMUNITY LAND TRUST reported 8 unpaid officers and board members on its 990.

President
Vice Preside
Treasurer
Director
Director
Director
Director
Secretary
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FRANKFORT AREA COMMUNITY LAND TRUST equaled 27% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
27%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

FRANKFORT AREA COMMUNITY LAND TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$179k
$73k
2023
$318k
$67k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Michigan

FRANKFORT AREA COMMUNITY LAND TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Michigan earns a median of $69,471.

25th percentile
$41k
Median
$69,471
75th percentile
$98k
90th percentile
$157k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 244 organizations across 244 filings (2022 – 2024).

See full Housing & Shelter pay data for Michigan

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FAQ

Common questions about FRANKFORT AREA COMMUNITY LAND TRUST

What are FRANKFORT AREA COMMUNITY LAND TRUST's revenue and expenses?

In 2024, FRANKFORT AREA COMMUNITY LAND TRUST reported $318k in total revenue and $67k in total expenses on its IRS Form 990.

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