Land Reutilization Corporation Of The Capital Region

Organization Overview

Land Reutilization Corporation Of The Capital Region is located in Schenectady, NY. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Land Reutilization Corporation Of The Capital Region is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Land Reutilization Corporation Of The Capital Region generated $862.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $984.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STRENGTHEN NEIGHBORHOODS BY MITIGATING BLIGHT THROUGH THE IMPROVEMENT OF EXISTING STRUCTURES AND BY RETURNING VACANT AND ABANDONED PROPERTY TO PRODUCTIVE USE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IDENTIFY AND REMOVE ENVIRONMENTAL FACTORS THAT ARE CONSIDERED BLIGHTING INFLUENCES ON A NEIGHBORHOOD SUCH AS CONDEMNED, BURNED, AND OTHERWISE UNSALVAGABLE BUILDINGS, ABANDONED CARS, TRASH, AND DEBRIS. WORK WITH CROSS-REGIONAL AND LOCAL MUNICIPAL GOVERNMENTS TO ASSURE ENFORCEMENT OF PROPERTY MAINTENANCE STANDARDS AND THE DEVELOPMENT OF AFFORDABLE HOUSING AND COMMERCIAL ACTIVITY WHICH WILL FOSTER ENHANCED ECONOMIC DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Ruzzo
Board Chair
$0
Bob Dicaprio
Vice Chair
$0
Joseph Berlant
Treasurer
$0
David Hogenkamp
Executive Director
$0
Richard Patierne
Secretary
$0
Kristin Diotte
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gorick Construction Co Inc
Construction Contractor
$534,623
Better Community Neighborhoods
Home Rehabilitation
$200,000
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $128,000
All other contributions, gifts, grants, and similar amounts not included above$734,144
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$862,144
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $862,144

Grants Awarded

Over the last fiscal year, Land Reutilization Corporation Of The Capital Region has awarded $111,100 in support to 3 organizations.

Grant RecipientAmount

THE COMMUNITY BUILDERS INC

Org PageRecipient Profile

Boston, MA

PURPOSE: HOUSING RENOVATION AND DEVELOPMENT

$71,600

HOA RENAISSANCE PROPERTY LLC

PURPOSE: HOUSING RENOVATION AND DEVELOPMENT

$39,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Land Reutilization Corporation Of The Capital Region has recieved totaling $125,160.

Awarding OrganizationAmount
Schenectady Foundation Inc

Schenectady, NY

PURPOSE: NEIGHBORHOOD CHALLENGE PROJECTS - WALLINGFORD PARK SPLASH PAD, AND ENGINE HILL PROJECT

$125,160
View Grant Recipient Profile

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