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Rochester Land Bank Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 463600343 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Rochester Land Bank Corporation?

Rochester Land Bank Corporation is a nonprofit organization based in Rochester, New York, specifically at 30 Church Street 125B. Their primary objective is to revitalize the city by evaluating, reclaiming, and developing abandoned, vacant, tax-delinquent, or undesirable land, transforming it into potential housing opportunities. By acquiring, developing, and returning such land and buildings into productive use, they aim to stimulate economic growth and community development in Rochester. This initiative ultimately promotes neighborhood revitalization and eliminates the associated liabilities and negative impacts of these properties.


Official website here: www.cityofrochester.gov/landbank

Is Rochester Land Bank Corporation legitimate?

Rochester Land Bank Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rochester Land Bank Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cityofrochester.gov/landbank

What is the mission statement of Rochester Land Bank Corporation?

The Rochester Land Bank Corporation's mission is focused on stimulating economic and community development. They achieve this by acquiring and disposing of properties that have been deemed vacant, abandoned, tax delinquent, or in tax foreclosure. This process promotes neighborhood and community revitalization, aiming to eliminate the harms and liabilities caused by such properties. The corporation's activities ultimately contribute to improving the overall well-being of the community.


Official website here: www.cityofrochester.gov/landbank

Who is the CEO of Rochester Land Bank Corporation?

Paul Scuderi is the Chair of Rochester Land Bank Corporation.


Official website here: www.cityofrochester.gov/landbank

What is the revenue of Rochester Land Bank Corporation?

Rochester Land Bank Corporation's revenue in 2022 was $853,798.


Official website here: www.cityofrochester.gov/landbank

Who are the executives of Rochester Land Bank Corporation and what are their salaries?

Here are 7 key members and their salaries:

    Jim Smith (Director)
  • Compensation: $0
  • Related: $153,132
  • Other: $0

    • Kurt Martin (Director)
  • Compensation: $0
  • Related: $125,323
  • Other: $0

    • Carol Wheeler (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $113,662
  • Other: $0

    • Erik Frisch (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $102,901
  • Other: $0

    • John Fornof (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $99,046
  • Other: $0

    • Paul Scuderi (Executive Director)
  • Compensation: $0
  • Related: $80,418
  • Other: $0

    • Lashay Harris (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $33,670
  • Other: $0


  • Official website here: www.cityofrochester.gov/landbank

    Where can I find the form 990 for Rochester Land Bank Corporation?

    The Rochester Land Bank Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cityofrochester.gov/landbank

    Learn more at the official website: www.cityofrochester.gov/landbank

    Mission Statement of Rochester Land Bank Corporation

    The Rochester Land Bank Corporation's mission is centered around acquiring, developing, and repurposing vacant, tax-delinquent, or undesirable land and buildings in a manner that stimulates economic and community development. By doing so, the organization aims to eliminate the harm and liabilities associated with such properties, ultimately contributing to neighborhood and community revitalization. The corporation's purpose is to facilitate the acquisition and disposal of properties that have been deemed vacant, abandoned, tax delinquent, or in tax foreclosure, thus fulfilling its role in promoting a more prosperous and flourishing community.

    Impact

    This information is meant to be a general summary of Rochester Land Bank Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Rochester Land Bank Corporation's impact is felt through its efforts to acquire, develop, and repurpose vacant, tax-delinquent, or undesirable land and buildings in Rochester, New York. By evaluating, reclaiming, and developing abandoned properties, the corporation contributes to potential housing opportunities and promotes community revitalization in the city. Through its mission to stimulate economic and community development by acquiring and disposing of properties that are vacant, abandoned, tax delinquent, or in tax foreclosure, the Rochester Land Bank Corporation plays a vital role in promoting neighborhood and community revitalization. Its work contributes to eliminating the harms and liabilities associated with such properties, ultimately leading to significant improvements in the overall community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-7,724
  • Program Service Revenue: $0
  • Gross Receipts: $1,008,926

    • Assets and Liabilities:
  • Total Assets: $1,564,321
  • Total Liabilities: $6,122
  • Net Assets: $1,558,199
  • Organization Details

    Founding Year

    2013

    Principal Officer

    Paul Scuderi

    Main Address

    30 CHURCH STREET 125B, ROCHESTER, NY, 14614

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Rochester Land Bank Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.