Allegany County Land Bank Corporation
- Assets
- $449.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, NY
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 81-2744513
Organization Overview
Allegany County Land Bank Corporation is located in Belmont, NY. The organization was established in 2019. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allegany County Land Bank Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMBATING THE PROBLEM OF VACANT AND ABANDONED PROPERTIES IN ALLEGANY COUNTY, NEW YORK AND FACILITATE THE RETURN OF VACANT, ABANDONED, AND TAX-DELINQUENT PROPERTIES TO THE TAX ROLE AND PRODUCTIVE USE. ELIMINATING THE HARMS AND LIABILITIES CAUSED BY VACANT AND ABANDONED PROPERTIES. MAKING IT AFFORDABLE FOR REPUTABLE CONSUMERS AND DEVELOPERS TO ACQUIRE PROPERTIES THROUGH STRATEGIC SELECTION OF PROPERTIES.
COMBATING THE PROBLEM OF VACANT AND ABANDONED PROPERTIES IN ALLEGANY COUNTY, NEW YORK AND FACILITATE THE RETURN OF VACANT, ABANDONED, AND TAX-DELINQUENT PROPERTIES TO THE TAX ROLE AND PRODUCTIVE USE. ELIMINATING THE HARMS AND LIABILITIES CAUSED BY VACANT AND ABANDONED PROPERTIES. MAKING IT AFFORDABLE FOR REPUTABLE CONSUMERS AND DEVELOPERS TO ACQUIRE PROPERTIES THROUGH STRATEGIC SELECTION OF PROPERTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Loucks Chair | 1 | $0 | |
Darwin Fanton Treasurer | 1 | $0 | |
Edward Zalar Director | 1 | $0 | |
Carissa Knapp Director | 1 | $0 | |
H Kier Dirlam Secretary | 1 | $0 | |
David Evans Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,703 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | -$10,512 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $72,341 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,027 |
| Total expenses | $76,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,637 |
| Other assets | $0 |
| Total assets | $449,593 |
| Total liabilities | $21,008 |
| Net assets or fund balances | $428,585 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Allegany County Land Bank Corporation has recieved totaling $823,502.
| Awarding Organization | Amount |
|---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT | $411,751 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT | $411,751 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
2life Development Inc Brighton, MA | $71,180,944 | $18,442,494 |
East River Development Alliance Inc Long Island City, NY | $2,664,233 | $7,145,499 |
Habitat For Humanity International Inc Paterson, NJ | $19,525,437 | $11,477,809 |
Habitat For Humanity International Inc Yarmouth Port, MA | $9,542,224 | $5,229,112 |
Lancaster Area Habitat For Humanity Inc Lancaster, PA | $5,963,327 | $5,141,180 |
Green Mountain Habitat For Humanity Williston, VT | $6,106,072 | $4,490,260 |
Metropolitan Camden Habitat For Humanity Inc Cherry Hill, NJ | $1,174,752 | $3,056,249 |
Mesa Of N Y Inc Syracuse, NY | $17,850,923 | $2,659,402 |
Habitat For Humanity International Inc Reading, PA | $677,514 | $1,374,155 |
Bphc Northhampton Development Corp Inc Boston, MA | $21,203,432 | $1,699,614 |
Episcopal Church Home Foundation Inc Rochester, NY | $28,068,379 | $3,009,679 |
Bnai Brith Housing New England Inc Brighton, MA | $13,547,116 | $1,754,959 |