CREATING COMMUNITY OWNERSHIP THAT PRESERVES AFFORDABILITY AND INCLUSIVITY IS THE MISSION OF THE CITY OF LAKES COMMUNITY LAND TRUST.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$32.1M
+103.0% YoY
Revenue
$13.3M
+486.5% YoY
Net Investment Income
$179K
+8538.9% YoY
Expenses
$2.2M
-48.9% YoY
About City of Lakes Community Land Trust
Based on IRS filings
City of Lakes Community Land Trust is a nonprofit organization focused on Housing & Shelter, based in MINNEAPOLIS, MN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $32.1M in total assets. Net investment income was $179K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $32,072,076 | $15,797,710 | $16,464,418 |
| Revenue | $13,296,198 | $2,266,852 | $5,065,737 |
| Expenses | $2,202,127 | $4,308,132 | $2,327,987 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $178,997 | $2,072 | $1,342 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALICIA SMITH | CHAIR | 2 | — |
| LAO LU HANG | TREASURER | 2 | — |
| LIBBY MURPHY | SECRETARY | 2 | — |
| SHEILA BLAND | MEMBER | 1 | — |
| J RALPH PACE | MEMBER | 1 | — |
| NATALY SANCHEZ | MEMBER | 1 | — |
| MATTHEW C SARGENT | MEMBER | 1 | — |
| PEGGY MOORE | MEMBER | 1 | — |
| TAYLOR SMIRKARAVA | MEMBER | 1 | — |
| MINKARA TEZET | MEMBER | 1 | — |
| CHRISTINA JENNINGS | MEMBER | 1 | — |
| BONITA TURNIPSEED | MEMBER | 1 | — |
| CATRICE WILLIAMS | MEMBER | 1 | — |
| JEFF WASHBURNE | FORMER EXECUTIVE DIRECTOR | 37 | $87,108 |
| STACI HORWITZ | OPERATIONS DIRECTOR | 36.5 | $98,872 |
| MOLLIE MOSMAN | FINANCE DIRECTOR | 36.5 | $97,106 |
| ANDREA REESE | EXECUTIVE DIRECTOR | 37 | $54,922 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Minnesota Citizens Concerned
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Assets
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Clearway Minnesota (sm)
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Assets
—
Grants
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Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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