Wayne County Regional Land Bank Corporation

Organization Overview

Wayne County Regional Land Bank Corporation is located in Lyons, NY. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne County Regional 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 12/2021, Wayne County Regional Land Bank Corporation generated $740.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.2% each year . All expenses for the organization totaled $641.7k 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 ADDRESS THE PROBLEMS OF VACANT, ABANDONED, DERELICT, CONTAMINATED, OR TAX DELINQUENT PROPERTY IN WAYNE COUNTY IN A COORDINATED MANNER THROUGH THE ACQUISITION AND DISPOSITION OF REAL PROPERTY AND RETURNING THAT PROPERTY TO PRODUCTIVE USE IN ORDER TO STRENGTHEN THE ECONOMY, IMPROVE THE QUALITY OF LIFE, AND IMPROVE THE FINANCIAL CONDITION OF THE MUNICIPALITIES, THROUGH THE USE OF THE POWERS AND TOOLS GRANTED TO LAND BANKS BY THE LAWS OF THE STATE OF NEW YORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LAND BANK WAS FORMED TO COMBAT COMMUNITY DETERIORATION BY FACILITATING THE RETURN OF VACANT, ABANDONED, TAX-DELINQUENT PROPERTIES TO PRODUCTIVE USE IN ORDER TO ELIMITATE THE HARMS AND LIABILITES CAUSED BY SUCH PROPERTIES, AND TO LESSEN THE BURDEN OF GOVERNMENT AND TO ACT IN THE PUBLIC INTEREST.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Mark Humbert
Land Bank Director
$65,500
Steve Groat
Chairman
$0
Karen Ambroz
Treasurer
$0
Roger Ambroz
Vice Chair
$0
Mike Donalty
Board Member
$0
John Denniston
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $721,638
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$721,638
Total Program Service Revenue$7,750
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,800
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 $740,188

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Wayne County Regional Land Bank Corporation has recieved totaling $778,522.

Awarding OrganizationAmount
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT

$389,261
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT

$389,261
View Grant Recipient Profile

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