Overview
What is Chautauqua County Land Bank Corporation?
The Chautauqua County Land Bank Corporation, located at 214 Central Ave, Dunkirk, NY 14048, is a nonprofit organization with a mission to revitalize the County of Chautauqua's housing and commercial sector. Their primary activity involves rehabilitating and selling properties to restore them to the local tax rolls. By controlling and improving promising properties, they aim to attract reputable buyers, thereby counteracting the deterioration of the area's real estate market. With a team of five dedicated individuals, they play a significant role in maintaining and enhancing the community's infrastructure.
Official website here: www.chautauqualandbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating. This high score reflects the Chautauqua County Land Bank Corporation's strong performance in accountability and finance, which is crucial for donor confidence. The organization's overall score is based entirely on its single beacon score, indicating a robust commitment to transparency and responsible financial practices.
A significant strength of the organization is its governance structure, with a majority of independent board members and a comprehensive audit and oversight committee. The land bank has implemented effective policies, including conflict of interest and whistleblower policies, ensuring ethical practices in its operations. Additionally, the organization maintains a healthy financial standing, demonstrated by a low liabilities-to-assets ratio and a high percentage of its expenses directed toward programs.
There are no notable limitations mentioned in the data, which speaks to the organization's effectiveness and good standing within the nonprofit sector. With a program expense ratio of nearly 70%, it indicates that most of its financial resources are allocated toward its mission-driven activities, further enhancing its reputation for responsible stewardship of donor funds. Overall, the Chautauqua County Land Bank Corporation exemplifies strong financial health and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Chautauqua County Land Bank Corporation legitimate?
Chautauqua County Land Bank Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chautauqua County Land Bank 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: $80,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,875
For more financial information, click here
Official website here: www.chautauqualandbank.org
What is the mission statement of Chautauqua County Land Bank Corporation?
The Chautauqua County Land Bank Corporation aims to halt the worsening state of the county's housing and commercial structures. By controlling and modestly enhancing promising properties, it seeks to attract reliable buyers, thereby reversing the trend of further deterioration. Its primary activity involves rehabilitating properties and selling them back into the market, thereby returning them to the tax rolls. This organization's mission is centered around revitalizing the property market and contributing positively to the county's economy.
Official website here: www.chautauqualandbank.org
Who is the CEO of Chautauqua County Land Bank Corporation?
Gina Paradis is the Executive Director of Chautauqua County Land Bank Corporation.
Official website here: www.chautauqualandbank.org
What is the revenue of Chautauqua County Land Bank Corporation?
Chautauqua County Land Bank Corporation's revenue in 2022 was $524,970.
Official website here: www.chautauqualandbank.org
Who are the executives of Chautauqua County Land Bank Corporation and what are their salaries?
The average compensation at Chautauqua County Land Bank Corporation during 2022 was $35,841. There are 5 employees at Chautauqua County Land Bank Corporation.
Here are 12 key members and their salaries:
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Official website here: www.chautauqualandbank.org
Where can I find the form 990 for Chautauqua County Land Bank Corporation?
Chautauqua County Land Bank Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chautauqualandbank.org
Learn more at the official website: www.chautauqualandbank.org
Mission Statement of Chautauqua County Land Bank Corporation
The Chautauqua County Land Bank Corporation is committed to addressing the issue of deteriorating housing and commercial properties within the County of Chautauqua. Their mission is twofold: firstly, to halt the further decline of these properties, and secondly, to enhance their appeal to reputable buyers. This is achieved by identifying and managing promising properties, making modest improvements to them, with the ultimate goal of attracting reliable purchasers. By doing so, the corporation aims to rejuvenate these properties and restore them to the tax rolls, thereby contributing positively to the County's overall development.
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Impact
July, 2024
The Chautauqua County Land Bank Corporation has had a significant impact on the community by actively working to reverse the trend of further deterioration of Chautauqua County's housing and commercial stock. Through their efforts to control and modestly improve properties, they have successfully attracted reputable buyers and returned these properties to the tax rolls. This has not only helped in revitalizing the community but has also contributed to the overall economic growth of the region. Their focus on rehabilitating and selling properties in Chautauqua County has made a tangible difference in addressing the housing challenges faced by the community.
This information is meant to be a general summary of Chautauqua County Land Bank 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 2022.
- Investment Income: $185
- Gross Receipts: $532,575
Assets and Liabilities:
- Total Assets: $1,365,132
- Total Liabilities: $156,830
- Net Assets: $1,208,302
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Organization Details
Founding Year
2012
Phone
(716) 969-7843Principal Officer
Gina Paradis
Main Address
214 Central Ave 213, Dunkirk, NY, 14048
Website
www.chautauqualandbank.orgNTEE Category
Code: L25 - Housing
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