nonprofit logo

Land Reutilization Corporation Of The Capital Region

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

EIN: 460775590 ✦ Schenectady, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Land Reutilization Corporation Of The Capital Region?

Land Reutilization Corporation of the Capital Region is a nonprofit organization situated in Schénectady, New York. Their primary mission is to revitalize neighborhoods by addressing blighting influences, such as derelict buildings, abandoned vehicles, waste, and debris. They collaborate with cross-regional and local municipal governments to enforce property maintenance standards and promote the development of affordable housing and commercial activities. This collaborative approach aims to foster enhanced economic development, thereby improving the overall condition of the neighborhoods they serve.


Official website here: www.capitalregionlandbank.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating. The Land Reutilization Corporation of the Capital Region has achieved a high level of accountability and financial health, with its score reflecting a strong commitment to transparency and effective management. The charity's overall score is derived from its accountability and finance metrics, highlighting its robust operational practices.

The organization excels in several key areas, including having a fully independent board, with all members meeting the criteria for independence. Additionally, it is noted for its strong financial oversight, including an effective audit and oversight committee. The organization also demonstrates excellent practices around conflict of interest, whistleblower policies, and document management, all of which contribute to its positive standing.

Despite its strengths, the data does not indicate any limitations or areas needing improvement, which underscores the charity's solid financial practices and governance. With a program expense ratio of nearly 94%, the majority of its funds are directed toward its programs, ensuring that its mission is effectively supported.


This AI summary has been generated from information found on Charity Navigator.

Is Land Reutilization Corporation Of The Capital Region legitimate?

Land Reutilization Corporation Of The Capital Region is a legitimate nonprofit organization registered as a 501(c)(3) entity. Land Reutilization Corporation Of The Capital Region 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.capitalregionlandbank.com

What is the mission statement of Land Reutilization Corporation Of The Capital Region?

The Land Reutilization Corporation of an unspecified region aims to enhance neighborhoods by mitigating blight. This is achieved through the improvement of existing structures and the transformation of vacant and abandoned properties into productive assets. To accomplish this, the corporation identifies and removes environmental factors that contribute to blight, such as condemned buildings, abandoned vehicles, trash, and debris. Furthermore, they collaborate with local and cross-regional municipal governments to ensure the enforcement of property maintenance standards and promote the development of affordable housing and commercial activities, thereby fostering economic development.


Official website here: www.capitalregionlandbank.com

Who is the CEO of Land Reutilization Corporation Of The Capital Region?

David Hogenkamp is the Board Chair of Land Reutilization Corporation Of The Capital Region.


Official website here: www.capitalregionlandbank.com

What is the revenue of Land Reutilization Corporation Of The Capital Region?

Land Reutilization Corporation Of The Capital Region's revenue in 2022 was $1,191,407.


Official website here: www.capitalregionlandbank.com

Who are the executives of Land Reutilization Corporation Of The Capital Region and what are their salaries?


Here are 8 key members and their salaries:


Richard Ruzzo (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Martin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Berlant (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Patierne (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Diotte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Dicaprio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Rooney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hogenkamp (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.capitalregionlandbank.com

Where can I find the form 990 for Land Reutilization Corporation Of The Capital Region?

Land Reutilization Corporation Of The Capital Region's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.capitalregionlandbank.com

Learn more at the official website: www.capitalregionlandbank.com

Mission Statement of Land Reutilization Corporation Of The Capital Region

The Land Reutilization Corporation of the Capital Region is committed to enhancing neighborhoods by mitigating blight. This is achieved through the improvement of existing structures and the transformation of vacant and abandoned properties into productive uses. The corporation's mission is twofold: first, it identifies and removes environmental factors that contribute to neighborhood blight, such as condemned buildings, burned structures, accumulated trash, and debris. Second, it collaborates with cross-regional and local municipal governments to ensure the enforcement of property maintenance standards and the development of affordable housing and commercial activities. These initiatives foster enhanced economic development, ultimately strengthening the neighborhoods the corporation serves.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

The Land Reutilization Corporation Of The Capital Region works to strengthen neighborhoods by mitigating blight through the improvement of existing structures and by returning vacant and abandoned property to productive use. They identify and remove environmental factors that are considered blighting influences on a neighborhood, such as condemned, burned, and otherwise unsalvageable buildings, abandoned cars, trash, and debris. Additionally, they collaborate with cross-regional and local municipal governments to ensure enforcement of property maintenance standards and the development of affordable housing and commercial activities that foster enhanced economic development in the community. Their efforts have a positive impact on community improvement in Schenectady, NY.




This information is meant to be a general summary of Land Reutilization Corporation Of The Capital Region. 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.

Revenue
$1,191,407 (2022)
Expenses
$360,715 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $112,386
  • Gross Receipts: $1,191,407

Assets and Liabilities:

  • Total Assets: $1,968,572
  • Total Liabilities: $20,509
  • Net Assets: $1,948,063

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

CHARGE FOR SERVICES

Revenue

$109,793

PROPERTY SALES

Revenue

$2,593

Organization Details

Founding Year

2012

Principal Officer

David Hogenkamp

Main Address

433 STATE STREET CO METROPLEX, SCHENECTADY, NY, 12305

NTEE Category

Code: S20 - Community improvement

If you are a representative of Land Reutilization Corporation Of The Capital Region 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.