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FB Community Land Trust Inc
Buffalo, NY · EIN 821388918 · Form 990 · FY2024 · NTEE S21 · Community Improvement · Micro (<$100K)
revenue
$3K
expenses
$39K
net assets
$332K
employees
0
program ratio
88%
mission · from form 990

To promote historic and cultural restoration by creating affordable housing and generating community wealth through the collective ownership of Buffalo's historic Fruit Belt

profile · synthesized from sources

FB Community Land Trust Inc promotes historic and cultural restoration in Buffalo, New York by developing and stewarding affordable housing through community-owned land. The organization focuses on the Fruit Belt neighborhood, aiming to prevent displacement and generate community wealth via collective ownership models. It combines housing development with public education and community engagement.

irs program accomplishments · form 990 part iii · fy2022

What they reported doing

  1. #1 primary $87K
    Public education and outreach focusing on affordable housing and continuously monitoring all of the properties to make sure the community needs are met.
  2. #2 $6K
    FBCLT serves as a steward to the community by providing resources and expertise to build safe and affordable housing for residents while creating economic revitalization through increased employment opportunities.
named programs · 3 · from sources

What they call their work

Community Land Stewardship
Manages and monitors properties in the Fruit Belt to ensure long-term affordability and community benefit, preventing displacement and supporting neighborhood stability.
Public Education and Outreach
Provides education on affordable housing, community land trusts, and collective ownership models to residents and stakeholders in Buffalo.
Safe and Affordable Housing Development
Develops and supports the construction of safe, affordable housing units in partnership with residents, emphasizing economic revitalization and employment opportunities.
activities · 2 groups

What they do

  • Affordable Housing Development and Management 1 activity
    • Development of safe and affordable housing
      Provides resources and expertise to develop safe and affordable housing units and supports economic revitalization by fostering employment opportunities.
  • Housing Policy Advocacy & Tenant Organizing 1 activity
    • Public education and outreach on affordable housing
      Conducts public education and outreach to raise awareness about affordable housing issues and monitors properties to ensure alignment with community needs.
financials · form 990 · fy2024
revenue
Total revenue$3K
Contributions & grants$3K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$39K
Program expenses88%
Admin / overhead12%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$344K
Cash$97K
Investments$0
Liabilities$12K
Net assets$332K
Liquid reserves29.7 mo
5 years on record · 2020–2024
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • Dewette Aughtry — Board member
  • Dr Beverly Newkirk — President Elect
  • Pamela Perry — Board member
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community Land Trust Model
    methodology: community-land-trust
    By removing land from the speculative market and placing it under community ownership, we create permanently affordable housing and generate community wealth, because collective stewardship prevents displacement and enables long-term cultural and historic restoration.