2022-11-07T14:33:26-06:00 2021-12-31 201826687 Pilc & Moseley LLC 4312 Grove Avenue Richmond VA 23221 990 2021-01-01 475629011 The Maggie Walker Community Land Trust MAGG 8049156729 203 N Robinson Street Richmond VA 23220 Erica Sims Executive Director 8049156729 2022-10-31 1 Erica Sims 999009999 William C Pilc P00292400 8049188490 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Erica Sims 203 N Robinson Street Richmond VA 23220 3546736 0 X https://maggiewalkerclt.org/ X 2015 VA The Maggie Walker Community Land Trust (MWCLT) seeks to develop and maintain permanently affordable homeownership opportunities for low and moderate income households. 13 13 0 13 0 0 838569 3692945 139532 -156618 0 5274 0 5135 978101 3546736 0 0 0 0 0 0 0 0 25200 327082 304461 327082 304461 651019 3242275 5872621 9584537 1397720 1538925 4474901 8045612 The Maggie Walker Community Land Trust (MWCLT) seeks to develop and maintain permanently affordable homeownership opportunities for low and moderate income households. 0 0 226002 -151483 The MWCLT is a recently formed nonprofit corporation. It acts as the 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. 226002 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X Douglas Pullan 8044225017 8975 Three Chopt Road Richmond VA 23229 X Carolyn Champion Chair 3.00 X X 0 0 0 Schirra Hayes Vice Chair 3.00 X X 0 0 0 Will 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 3.00 X 0 0 0 Chanel Dixon Director 3.00 X 0 0 0 Allison Domson Director 3.00 X 0 0 0 Tiffany Goodman Director 3.00 X 0 0 0 Mike Mulville Director 3.00 X 0 0 0 Nelson Reveley Director 3.00 X 0 0 0 Ashleigh Shannon Director 3.00 X 0 0 0 Patricia Trotta Director 3.00 X 0 0 0 0 0 0 0 0 0 0 0 1285850 2407095 215000 3692945 Development and Sales 531110 46500 46500 Rental Income 531390 21288 21288 Net Gain/Loss on Home 531390 -224406 -224406 -156618 5274 5274 Other Income 531390 5135 5135 5135 3546736 -151483 0 5274 2435 2435 7058 7058 4011 4011 3150 786 2364 378 378 11585 11585 1055 1055 250 250 6250 6250 3024 3024 Contract Personnel 188473 170080 18393 Land Bank Costs 35866 35866 Fund Development 25200 25200 Education 11180 11180 4546 4546 304461 226002 53259 25200 2412458 2544138 1991339 1249 0 199000 194000 2779995 1589836 2779995 1670078 2075065 5872621 9584537 18832 145497 1322707 1364562 56181 28866 1397720 1538925 X 1854694 5902759 2620207 2142853 4474901 8045612 5872621 9584537 X 3242275 328436 X 0 1 X 1 0 X 140008 2268876 1881049 838569 3692945 8821447 140008 2268876 1881049 838569 3692945 8821447 8821447 3480 7315 26562 37357 73829 51635 125464 8984268 0.98190 0.98420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2779995 2779995 2779995 Housing Development Costs 514924 Developed Properties Held For Sale 670912 Properties Held For Rent and Future Sale 884633 Other Assets 4596 2075065 Deposit Liabilities 28866 28866 X 3600081 53345 53345 3546736 0 3546736 357806 53345 53345 304461 0 304461 Part X, Line 2: The Organization follows FASB guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. Management evaluated the Organization's tax position and concluded that the Organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. X Land 2 215000 Estimated Fair Marke 0 0 0 Form 990, Part VI, Section A, line 8b The MWCLT holds monthly board meetings of the governing body and committee meetings as needed. At the board meetings formal minutes are taken and adopted. At the committee meetings contemporaneous notes are taken (but not formal minutes). Form 990, Part VI, Section B, line 11b A draft of the 990 is sent to The Maggie Walker Community Land Trust Executive Board for review and discussion. The final version of the 990 is sent to all board members for an opportunity to comment. Form 990, Part VI, Section B, line 12c The Maggie Walker Community Land Trust board members sign a conflict of interest policy and agree to follow the policy. Conflict of interest policies are kept on file. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policies and reviewed financial statements available to the public upon request. Form 990, Part XI, line 9: Prior Period Adjustment 328,436.