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.
For the year ending 12/2023, Allegany County Land Bank Corporation generated $118.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $129.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Loucks Chair | 1 | $0 | |
Jenna Kelley Director | 1 | $0 | |
Darwin Fanton Treasurer | 1 | $0 | |
H Kier Dirlam Secretary | 1 | $0 | |
David Evans Director | 1 | $0 | |
Edward Zalar Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $118,221 |
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 | $118,921 |
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 | $86,622 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $42,569 |
Total expenses | $129,191 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,092 |
Other assets | $0 |
Total assets | $438,617 |
Total liabilities | $20,302 |
Net assets or fund balances | $418,315 |