2023-11-09T07:29:20-08:00 2022-12-31 200592958 LARRY SAUNDERS & ASSOCIATES 2902 CHAMBERLAYNE AVE RICHMOND VA 23222 990 2022-01-01 475629011 THE MAGGIE WALKER COMMUNITY LAND TRUST MAGG 8049156729 203 N ROBINSON STREET RICHMOND VA 23220 ERICA SIMS CHIEF EXECUTIVE OFFICER 8049156729 2023-10-03 true ERICA SIMS XXX-XX-XXXX true James E Benson P00175791 8043218512 2023-11-09 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z ERICA SIMS 203 N ROBINSON RICHMOND VA 23220 5454425 false X HTTPS//MAGGIEWALKERCLT.ORG X 2015 VA THE MWCLT SEEKS TO DEVELOP AND MAINTAIN PERMANENTLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS. 15 15 0 15 0 0 3692945 5853900 -156618 -409409 5274 8554 5135 1380 3546736 5454425 0 0 0 0 0 0 0 6300 6300 304461 603821 304461 610121 3242275 4844304 9584537 13928536 1538925 1038620 8045612 12889916 THE MWCLT SEEKS TO DEVELOP AND MAINTAIN PERMANENTLY AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME HOUSEHOLDS. false false 471659 0 0 THE MWCLT ACTS AS A DEVELOPER AND STEWARD OF PERMANENTLY AFFORDABLE HOUSING IN THE RICHMOND, VIRGINIA REGION BY:(1) ACQUIRING AND HOLDING LAND PARCELS (2) BUILDING HOMES ON THE PARCELS AND (3) SELLING THE HOMES TO QUALIFIED LOW-TO-MODERATE INCOME HOME BUYERS WHO ENTER INTO A 99 YEAR LAND LEASE AGREEMENT WITH THE MWCLT. MWCLT ALSO ACTS AS THE LAND BANK FOR THE REGION'S THREE PRIMARY JURISDICTIONS CITY OF RICHMOND, HENRICO COUNTY AND CHESTERFIELD COUNTY. MWCLT OPERATES A PILOT LEASE-TO-OWN PROGRAM WHEREBY APPLICANTS RENT A HOME AND SAVE FOR ULTIMATELY PURCHASING. 471659 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false X 15 15 false false false false false false false false false false false true true true true false false false false false X DOUGLAS PULLAN 8044225017 8975 THREE CHOPT RD HENRICO VA 23229 X CAROLYN CHAMPION CHAIR 3.00 X X 0 0 0 SCHIRRA HAYES VICE CHAIR 3.00 X X 0 0 0 WILLIAM MARTIN TREASURER 3.00 X X 0 0 0 JEISSON APOLO ARMAS SECRETARY 3.00 X X 0 0 0 LAURA LAFAYETTE IMMEDIATE PAST CHAIR 3.00 X X 0 0 0 DURON CHAVIS DIRECTOR 1.00 X 0 0 0 CHANEL DIXON DIRECTOR 1.00 X 0 0 0 ALLISON DOMSON DIRECTOR 1.00 X 0 0 0 TIFFANY GOODMAN DIRECTOR 1.00 X 0 0 0 MICHAEL MULVILLE DIRECTOR 1.00 X 0 0 0 NELSON REVELEY DIRECTOR 1.00 X 0 0 0 ASHLEIGH SHANNON DIRECTOR 1.00 X 0 0 0 PATRICIA TROTTA DIRECTOR 1.00 X 0 0 0 WHITNEY BROWN DIRECTOR 1.00 X 0 0 0 ADRIENNE SNEAD DIRECTOR 1.00 X 0 0 0 0 0 0 false false false 3046743 2807157 32352 5853900 DEVELOPMENT AND SALES 531110 61000 0 0 RENTAL INCOME 531390 27176 0 0 NET LOSS 531390 -497585 0 0 -409409 8554 0 8554 OTHER INCOME 531390 1380 1380 0 0 1380 5454425 -408029 0 8554 6300 6300 9811 9811 0 0 9080 0 9080 0 6287 6287 0 0 18219 0 18219 0 -4608 -4608 0 0 565032 460169 104863 0 610121 471659 132162 6300 2544138 2873044 1991339 1991339 3243323 194000 189000 3568684 2779995 3568684 2075065 2063146 9584537 13928536 145497 114510 1364562 892530 28866 31580 1538925 1038620 X 5902759 8370209 2142853 4519707 8045612 12889916 9584537 13928536 4844304 X false true X true false X 0 2268876 1881049 838569 3692945 5853900 14535339 0 0 2268876 1881049 838569 3692945 5853900 14535339 0 14535339 3480 7315 26562 28556 65913 0 0 14601252 0.99550 0.98190 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3568684 0 3568684 3568684 HOUSING DEVELOPMENT COST 1334159 DEVELOPED PROPERTIES HELD FOR SALE 0 PROPERTIES HELD FOR RENT AND FUTURE SALE 725816 OTHER ASSETS 3171 2063146 DEPOSIT LIABILITIES 31580 31580 5535839 32352 32352 5503487 5503487 610121 32532 32532 577589 577589 X LAND 2 32532 EST VALUE false false false Pt VI, Line 11b A DRAFT OF THE 990 IS SENT TO MWCLT EXECUTIVE BOARD FOR REVIEW AND DISCUSSION. THE FINAL VERSION OF THE 990 IS SENT TO ALL BOARD MEMBERS FOR AN OPPORTUNITY TO COMMENT. Pt VI, Line 12c THE MWCLT BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY AND AGREE TO FOLLOW THE POLICY. CONFLICT OF INTEREST POLICIES ARE KEPT ON FILE. Pt VI, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND REVIEWED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Pt VI, Line 8a THE MWCLT HOLDS BI-MONTHLY BOARD MEETINGS OF THE GOVERNING BODY AND COMMITTEE MEETNGS AS NEEDED. AT THE BOARD MEETINGS FORMAL MINUTES ARE TAKEN AND ADOPTED. AT THE COMMITTEE MEETINGS CONTEMPORANEOUS NOTES ARE TAKEN ( BUT NOT FORMAL MINUTES). Pt VI, Line 8b THE MWCLT HOLDS MONTHLY MEETINGS OF THE GOVERNING BODY AND COMMITTEE MEETINGS AS NEEDED. AT THE BOARD MEETINGS FORMAL MINUTES ARE TAKEN AND ADOPTED. AT THE COMMITTEE MEETINGS COMTEMPORANEOUS NOTES ARE TAKEN 9 BUT NOT FORMAL). Form 990, Part IX, Line 24e DUES AND SUBSCRIPTIONS 6672. 0. 6672. 0. Form 990, Part IX, Line 24e EDUCATION 44754. 44754. 0. 0. Form 990, Part IX, Line 24e LAND BANK TRUST 54120. 54120. 0. 0. Form 990, Part IX, Line 24e OTHER 529. 0. 529. 0. Form 990, Part IX, Line 24e PERSONNEL COST 415788. 336788. 79000. 0. Form 990, Part IX, Line 24e PRINTING COST 944. 0. 944. 0. Form 990, Part IX, Line 24e PROFESSIONAL FEES 15907. 0. 15907. 0. Form 990, Part IX, Line 24e SUPPLIES 5227. 5227. 0. 0. Form 990, Part IX, Line 24e HB GRANT EXPENSE 19280. 19280. 0. 0. Form 990, Part IX, Line 24e TELECOMMUNICATIONS 1811. 0. 1811. 0.