Albany County Land Bank Corporation
Albany County Land Bank Corporation
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About this organization
Mission
The Land Bank facilitates the process of acquiring, improving and redistributing vacant and abandoned properties to eliminate the harms and liabilities caused by such properties and return them to productive use, while being consistent with the municipality's redevelopment and comprehensive plans.
About
The Albany County Land Bank facilitates the process of acquiring, improving and redistributing vacant and abandoned properties to eliminate the harms and liabilities caused by such properties and return them to productive use, while being consistent with the municipality's redevelopment and comprehensive plans. In fiscal year ending June 30, 2018, the organization acquired 91 properties, sold 183 properties, and demolished 18 properties.
Interesting data from their 2019 990 filing
The purpose of the non-profit is outlined in the filing as “The albany county land bank facilitates the process of acquiring, improving and redistributing vacant and abandoned properties to eliminate the harms and liabilities caused by such properties and return them to productive use, while being consistent with the municipality's redevelopment and comprehensive plans.”.
When discussing its operations, they were defined as: “The land bank facilitates the process of acquiring, improving and redistributing vacant and abandoned properties to eliminate the harms and liabilities caused by such properties and return them to productive use, while being consistent with the municipality's redevelopment and comprehensive plans.”.
- The state where the non-profit operates has been legally reported as NY.
- The filing indicates that the non-profit's address in 2019 is located at 69 STATE STREET 8TH FLOOR, ALBANY, NY, 12207.
- The non-profit has reported 10 employees on their form as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$1,624,781.
- The organization has 9 independent voting members.
- The organization was formed in 2014.
- The organization pays $524,107 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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