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ESPERANZA COMMUNITY LAND TRUST

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Tax-exempt status may be revoked

ESPERANZA COMMUNITY LAND TRUST

EIN 84-5160981 · Low-Income & Subsidized Rental Housing (L21)

What they do

The Land Trust is Acquiring, Developing and Managing Housing for Low Income Persons and Households In The Hunting Park Neighborhood In Philadelphia. Total Time of The Land Trust Employees Are Dedicated to This Activity. The Activity is Funded By Donations and Grants. The Activity Furthers The Exempt Purpose of The Organization Which is To: (1) to Improve The Lives of Families In Philadelphia Through The Elimination of Blighted and Vacant Properties. (2) to Support The Housing Needs of Lower Income Residences In The Hunting Park Section and Surrounding Areas of Philadelphia.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.85%of revenue went to mission work99.5% of expenses · Program services
$90.26spent for every $100 of revenueRevenue covered expenses this year.
0.41%of revenue went to management and office costs0.5% of expenses
$4.89in assets for every $1 spent this yearSome assets cannot be spent right away.
91.2%of its money came from giftsOther money may come from services or investments.

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Pay context: The highest compensation shown in this filing is $22,030 for WALTER TOLIVER (BOARD MEMBER). Compare pay with organizations of similar size and complexity.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$859,803
Mission workProgram services$772,55289.85% of revenue99.5% of expenses
ManagementOffice and general costs$3,5290.41% of revenue0.5% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$83,7229.74% of revenueShown in gray on the chart
Total expenses$776,08190.26% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$859,803
Expenses$776,081
Annual surplus $83,722 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$772,552 · 99.5% of expenses
Management and office costs$3,529 · 0.5% of expenses
See all reported dollar amounts
Revenue$859,803
Expenses$776,081
Assets$3,795,980
Income$859,803
Contributions$784,491
Mission work (program services)$772,552
Management and general$3,529
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
WALTER TOLIVERBOARD MEMBER · 2 hrs/week $22,030Base · Other $22,030
REV DANNY CORTESCHAIR · 2 hrs/week $17,516Base · Other $17,516
REV LUIS CORTES JRVICE CHAIR · 2 hrs/week $16,920Base · Other $16,920

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (3)

WALTER TOLIVERBOARD MEMBER

REV DANNY CORTESCHAIR

REV LUIS CORTES JRVICE CHAIR

About this charity

Recognized since
January 2025
Location
4261 North 5th Street, Philadelphia, PA 19140
County
Philadelphia
In care of
Artemio Rodriguez
Primary officer
Artemio Rodriguez, controller

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
May 8, 2025
Return type
990
Tax preparer
WITHUMSMITHBROWN PC
NTEE classification
Low-Income & Subsidized Rental Housing (L21)
IRS tax category
Low-Income & Subsidized Rental Housing
Revocation date
November 15, 2024

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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