Ashland County Land Reutilization Corporation is located in Ashland, OH. The organization was established in 2018. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Ashland County Land Reutilization Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland County Land Reutilization 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 12/2021, Ashland County Land Reutilization Corporation generated $44.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $34.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS RETURNING VACANT LOW VALUE PROPERTIES TO PRODUCTIVE USE IN AN EQUITABLE AND QUALITATIVE MANNER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED ASSISTANCE TO GOVERNMENTAL ENTITIES AND OTHER NON-PROFIT OR FOR-PROFIT PERSONS TO ASSEMBLE, CLEAR, AND CLEAR THE TITLE OF REAL PROPERTY IN ASHLAND COUNTY TO PROMOTE ECONOMIC AND HOUSING DEVELOPMENT IN ASHLAND COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann M Wurster Treasurer | OfficerTrustee | 2 | $0 |
Matthew D Miller President | OfficerTrustee | 2 | $0 |
Angela S Mcquillen Secretary | OfficerTrustee | 2 | $0 |
Jerad White Vice President | OfficerTrustee | 2 | $0 |
Denny D Bittle Board Member | Trustee | 2 | $0 |
Jeff Reep Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $70,304 |
All other contributions, gifts, grants, and similar amounts not included above | $80 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $70,384 |
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 | -$25,742 |
Miscellaneous Revenue | $0 |
Total Revenue | $44,642 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $16,250 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $944 |
Fees for services: Management | $0 |
Fees for services: Legal | $315 |
Fees for services: Accounting | $1,830 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $457 |
Office expenses | $1,010 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $650 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $95 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $34,188 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $270,239 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $141,473 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $411,712 |
Accounts payable and accrued expenses | $362 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $362 |
Net assets without donor restrictions | $411,350 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $411,712 |
Over the last fiscal year, we have identified 1 grants that Ashland County Land Reutilization Corporation has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Ashland County Community Foundation Ashland, OH PURPOSE: STRATEGIC GRANTS | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Northwest Central Indiana Community Partnerships Inc West Lafayette, IN | $12,143,513 | $4,878,239 |
Detroit Future City Detroit, MI | $3,886,880 | $3,923,868 |
Shepherd University Foundation Supporting Organization Shepherdstown, WV | $18,727,712 | $1,761,060 |
Nonprofit Development Corporation Inc Butler, PA | $3,393,535 | $1,924,841 |
Indianapolis Neighborhood Resource Center Inc Indianapolis, IN | $1,122,953 | $770,097 |
Urban Core Collective Grand Rapids, MI | $555,526 | $892,347 |
Friends Of Dugas Community Park Inc Scottsville, KY | $5,738,305 | $521,676 |
Shared Enterprise Management Inc Lafayette, IN | $5,168,519 | $342,006 |
Central Appalachian Rural Investment Corporation London, KY | $174,968 | $303,826 |
Southeast Indiana Chamber Foundation Inc Lawrenceburg, IN | $4,649 | $281,343 |
Community Renaissance Fund Port Huron, MI | $2,626,576 | $380,059 |
Hola Ohio Painesville, OH | $1,921,865 | $997,056 |