Overview
What is Adams County Land Reutilization Corporation?
Adams County Land Reutilization Corporation is a nonprofit organization situated in West Union, Ohio. Its primary mission is focused on acquiring problem properties, alleviating associated liabilities, and transferring these properties to responsible new owners. Established for the purpose of reclamation, rehabilitation, and reutilization, this corporation aims to revitalize vacant, abandoned, tax-foreclosed, or other neglected real estate within the county. This initiative serves to improve the overall condition of the community and boost property value while ensuring beneficial ownership.
Is Adams County Land Reutilization Corporation legitimate?
Adams County Land Reutilization Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Adams 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $12,826
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Adams County Land Reutilization Corporation?
The Adams County Land Reutilization Corporation was established with a mission to revitalize vacant, abandoned, tax foreclosed, or other neglected real estate within its jurisdiction. Its primary objective is to reclaim, rehabilitate, and reintegrate these properties back into productive use. To accomplish this, the corporation acquires the title to problematic properties, alleviates associated liabilities, and subsequently transfers the rejuvenated properties to reputable new owners. This endeavor aims to revitalize the affected areas and contribute to the overall improvement of the community.
What is the revenue of Adams County Land Reutilization Corporation?
Adams County Land Reutilization Corporation's revenue in 2023 was $514,767.
Who are the executives of Adams County Land Reutilization Corporation and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Adams County Land Reutilization Corporation?
Adams County Land Reutilization Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Adams County Land Reutilization Corporation
Adams County Land Reutilization Corporation, in its mission, is dedicated to reclaiming, rehabilitating, and reutilizing vacant, abandoned, tax-foreclosed, or other problematic real estate within the county. Its primary objective is to acquire title to these properties, eliminate any associated liabilities, and ultimately transfer them to new, responsible owners. By fulfilling this mission, the corporation aims to revitalize neglected areas and contribute to the overall improvement of the county's community and property landscape.
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Impact
October, 2024
The Adams County Land Reutilization Corporation plays a crucial role in revitalizing communities by addressing the issues associated with vacant, abandoned, and tax-foreclosed properties. By acquiring these problem properties, the organization removes liabilities that can burden local governments and communities. This process stimulates local economies by returning properties to productive use, ultimately leading to increased property values and enhanced community aesthetics.
Additionally, the corporation facilitates the transfer of these properties to responsible new owners, fostering investment and encouraging development. Through its efforts, Adams County benefits from a more vibrant and sustainable environment, where challenges posed by neglected properties are transformed into opportunities for growth and improvement.
This information is meant to be a general summary of Adams County Land Reutilization Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $83,383
- Gross Receipts: $514,767
Assets and Liabilities:
- Total Assets: $412,695
- Total Liabilities: $4,300
- Net Assets: $408,395
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Organization Details
Founding Year
2017
Principal Officer
Paul Worley
NTEE Category
Code: Z99 - Unknown
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