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Lake County Land Reutilization Corp

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

EIN: 900889645 ✦ Painesville, OH ✦ Designated as a 501(c)(3)

Overview

What is Lake County Land Reutilization Corp?

Lake County Land Reutilization Corp is a nonprofit organization situated in Painesville, Ohio. Its primary role involves managing vacant, abandoned, or tax-foreclosed real property, overseeing their reclamation, rehabilitation, and reutilization. The company takes necessary steps to clear titles of these properties and collaborates with other governmental entities to assemble properties for future development. Additionally, Lake County Land Reutilization Corp assists both non-profit and for-profit entities in their redevelopment, renovation, or revitalization efforts. With a single employee, this organization plays a crucial role in revitalizing the community by transforming neglected properties into valuable assets.


Is Lake County Land Reutilization Corp legitimate?

Lake County Land Reutilization Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake County Land Reutilization Corp 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: $68,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,666

For more financial information, click here


What is the mission statement of Lake County Land Reutilization Corp?
Who is the CEO of Lake County Land Reutilization Corp?
What is the revenue of Lake County Land Reutilization Corp?
Who are the executives of Lake County Land Reutilization Corp and what are their salaries?
Where can I find the form 990 for Lake County Land Reutilization Corp?

Mission Statement of Lake County Land Reutilization Corp

Lake County Land Reutilization Corp is a dedicated organization that plays a crucial role in managing and revitalizing vacant, abandoned, or tax-foreclosed properties. Their mission involves holding these properties until they can be reclaimed, rehabilitated, and ultimately reutilized. The company takes the necessary steps to clear the titles of these properties, preparing them for future use. Apart from this, Lake County Land Reutilization Corp also assists various governmental entities in assembling properties for future development. Furthermore, they extend their support to both non-profit and for-profit entities, helping them with redevelopment, renovation, or revitalization efforts. By doing so, the corporation contributes to the overall transformation and regeneration of these properties, thereby potentially contributing to the betterment of the communities they are situated in.

Impact

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




Saturday, July 20, 2024

Lake County Land Reutilization Corp's impact is significant in revitalizing communities by holding and managing vacant, abandoned, or tax-foreclosed real property, facilitating their reclamation, rehabilitation, and reutilization. Through clearing titles and assisting in property assembly for future development, the organization plays a crucial role in enhancing neighborhoods and supporting both governmental and non-profit/for-profit entities in their redevelopment efforts. Its efforts directly contribute to community improvement by breathing new life into underutilized properties and fostering sustainable development.





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: $4,224
  • Program Service Revenue: $67,222
  • Gross Receipts: $1,505,845

    • Assets and Liabilities:
  • Total Assets: $7,577,246
  • Total Liabilities: $1,498
  • Net Assets: $7,575,748
  • Programs

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

    PROPERTY SALES

    Revenue

    $67,222

    Organization Details

    Founding Year

    2012

    Principal Officer

    John M Rogers

    Main Address

    8 N STATE ST STE 215, PAINESVILLE, OH, 44077

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Lake County Land Reutilization Corp 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.