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Wilmington Neighborhood Conservancy Land Bank Corporation

Wilmington Neighborhood Conservancy Land Bank Corporation

Wilmington, DE 19801
Tax ID81-1773249

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About this organization

Revenue

$425,997

Expenses

$1,019,287

Mission

The mission of the Wilmington Neighborhood Conservancy Land Bank (WNCLB) is to return vacant, dilapidated, abandoned, and delinquent properties to productive use in order to strengthen and revitalize our neighborhoods and spur economic development. We accomplish our mission in a way that: - is purposeful, transparent, and for the public good; - improves the coordination of resources and efforts within and between governments, community organizations, and the private sector; - is both economically efficient and sustainable; - reflects the goals and objectives of the city's comprehensive development plan; and - invests in existing neighborhoods.

About

Return vacant, dilapidated, abandoned, and delinquent properties to productive use in order to strengthen and revitalize our neighborhoods and spur economic development.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “The mission of the wilmington neighborhood conservancy land bank (wnclb) is to return vacant, dilapidated, abandoned, and delinquent properties to productive use in order to strengthen and revitalize our neighborhoods and spur economic development.we accomplish our mission in a way that: - is purposeful, transparent, and for the public good; - improves the coordination of resources and efforts within and between governments, community organizations, and the private sector; - is both economically efficient and sustainable; - reflects the goals and objectives of the city's comprehensive development plan; and - invests in existing neighborhoods.”.

When outlining its functions, they were explained as: “The mission of the wilmington neighborhood conservancy land bank (wnclb) is to return vacant, dilapidated, abandoned, and delinquent properties to productive use in order to strengthen and revitalize our neighborhoods and spur economic development.we accomplish our mission in a way that: - is purposeful, transparent, and for the public good; - improves the coordination of resources and efforts within and between governments, community organizations, and the private sector; - is both economically efficient and sustainable; - reflects the goals and objectives of the city's comprehensive development plan; and - invests in existing neighborhoods.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as DE.
  • The filing records the non-profit's address for 2020 as 404 N MARKET STREET, WILMINGTON, DE, 19801.
  • As of 2020, the non-profit's form reports a total of 3 employees.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$593,290.
  • The organization has 9 independent voting members.
  • The organization was formed in 2016.
  • The organization pays $143,777 in salary, compensation, and benefits to its employees.
  • The organization pays $15,642 in fundraising expenses.