Allegany County Land Bank Corporation

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.

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.

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.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Loucks
Chair
$0
Jenna Kelley
Director
$0
Darwin Fanton
Treasurer
$0
H Kier Dirlam
Secretary
$0
David Evans
Director
$0
Edward Zalar
Director
$0

Financial Statements

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

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