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Richland County Land Reutilization Corporation

Richland County Land Bank

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

EIN: 465339994 ✦ Mansfield, OH ✦ Designated as a 501(c)(3)

Overview

What is Richland County Land Reutilization Corporation?

The Richland County Land Reutilization Corporation is a nonprofit organization based in Mansfield, Ohio. Its mission is to improve the community by strategically acquiring vacant and abandoned properties, reducing blight, increasing property values, and returning them to productive use. This enhances the quality of life for county residents. The organization achieves this by obtaining properties through contributions and foreclosure proceedings, evaluating buildings for environmental hazards, and demolishing those not suitable for rehabilitation. Empty lots are then offered to eligible adjacent landowners at a small fee and recording costs. This process helps revitalize the community and stimulate economic growth in Richland County.


Official website here: www.richlandcountylandbank.org

Is Richland County Land Reutilization Corporation legitimate?

Richland County Land Reutilization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richland County Land Reutilization 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.richlandcountylandbank.org

What is the mission statement of Richland County Land Reutilization Corporation?

The Richland County Land Reutilization Corporation aims to positively impact its community in a sustainable manner. They accomplish this by strategically acquiring vacant and abandoned properties, reducing blight, increasing property values, and returning these properties to productive use. This process ultimately improves the quality of life for local residents. The organization acquires blighted properties through contributions and foreclosure proceedings. Buildings are assessed for environmental hazards like asbestos. If buildings cannot be rehabilitated, they are demolished. Empty lots are then offered first to eligible adjacent landowners for purchase at a small fee plus recording costs.


Official website here: www.richlandcountylandbank.org

Who is the CEO of Richland County Land Reutilization Corporation?

Bart Hamilton is the Chairman of Richland County Land Reutilization Corporation.


Official website here: www.richlandcountylandbank.org

What is the revenue of Richland County Land Reutilization Corporation?

Richland County Land Reutilization Corporation's revenue in 2022 was $2,044,353.


Official website here: www.richlandcountylandbank.org

Who are the executives of Richland County Land Reutilization Corporation and what are their salaries?

Here are 9 key members and their salaries:

    Bart Hamilton (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Parton (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Theaker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Houser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Vero (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Holden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cliff Mears (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Gies (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jotika Shetty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.richlandcountylandbank.org

    Where can I find the form 990 for Richland County Land Reutilization Corporation?

    The Richland County Land Reutilization Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.richlandcountylandbank.org

    Learn more at the official website: www.richlandcountylandbank.org

    Mission Statement of Richland County Land Reutilization Corporation

    The Richland County Land Reutilization Corporation aims to make a positive and sustainable impact on its community by strategically acquiring vacant and abandoned properties. This nonprofit organization's mission is twofold: firstly, it seeks to reduce blight in the community by acquiring these properties, either through contributions or foreclosure proceedings. Secondly, it aims to increase property values and return these properties to productive use, ultimately improving the quality of life for local residents.

    In accomplishing its mission, the Richland County Land Reutilization Corporation evaluates the acquired properties for potential environmental hazards, such as asbestos. If a building cannot be rehabilitated due to these hazards, it is demolished. The organization then offers empty lots first to adjacent landowners who are eligible to purchase them at a small fee, plus recording costs. This approach not only helps to revitalize the community but also provides an opportunity for local landowners to expand their property holdings.

    In summary, the Richland County Land Reutilization Corporation is committed to improving its community by acquiring and revitalizing blighted properties, thereby reducing blight, increasing property values, and returning these properties to productive use. This mission is crucial in improving the quality of life for local residents and fostering a sense of community pride and investment.

    Impact

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




    Saturday, July 20, 2024

    Richland County Land Reutilization Corporation's impact is significant in revitalizing vacant and abandoned properties in the community. By strategically acquiring blighted properties and reducing blight, the organization helps to increase property values and improve the quality of life for county residents. Through their efforts of evaluating buildings for environmental hazards, rehabilitating viable structures, and demolishing those beyond repair, they contribute to the overall betterment of the community. Additionally, by offering empty lots for purchase to adjoining landowners, they facilitate the productive use of previously neglected spaces. Overall, their work plays a crucial role in transforming neighborhoods and creating a more desirable living environment for residents.





    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: $4,277
  • Program Service Revenue: $110,818
  • Gross Receipts: $2,044,353

    • Assets and Liabilities:
  • Total Assets: $948,119
  • Total Liabilities: $372,948
  • Net Assets: $575,171
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRACT ADMIN- DEMOS

    Revenue

    $69,354

    SALE OF LOTS TO END USERS

    Revenue

    $41,464

    Organization Details

    Founding Year

    2013

    Principal Officer

    Bart Hamilton

    Main Address

    50 PARK AVENUE EAST, MANSFIELD, OH, 44902

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Richland County Land Reutilization 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.