Overview
What is Allegany County Land Bank Corporation?
Allegany County Land Bank Corporation is a nonprofit organization situated in Belmont, New York. Their primary mission is to address the issue of vacant and abandoned properties in Allegany County, aiming to transform these neglected sites into productive assets. The organization's objective is to eliminate the detrimental effects and liabilities associated with vacant properties, thereby contributing positively to the community's well-being. Their work involves facilitating the restoration of vacant, abandoned, and tax-delinquent properties, thereby revitalizing the region.
Official website here: www.aclbc.org
Is Allegany County Land Bank Corporation legitimate?
Allegany County Land Bank Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allegany County Land Bank Corporation submitted a form 990EZ, 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.
Official website here: www.aclbc.org
What is the mission statement of Allegany County Land Bank Corporation?
Allegany County Land Bank Corporation is dedicated to addressing the issue of vacant and abandoned properties in its jurisdiction. Its primary mission is to restore these properties to productive use, thereby eliminating the associated harms and liabilities. The organization operates with the goal of transforming vacant and tax-delinquent properties into valuable assets, contributing positively to the community. It is committed to combating the negative impacts of such properties, thereby enhancing the overall well-being of the area.
Official website here: www.aclbc.org
Who is the CEO of Allegany County Land Bank Corporation?
Darwin Fanton is the Treasurer of Allegany County Land Bank Corporation.
Official website here: www.aclbc.org
What is the revenue of Allegany County Land Bank Corporation?
Allegany County Land Bank Corporation's revenue in 2022 was -$10,512.
Official website here: www.aclbc.org
Who are the executives of Allegany County Land Bank Corporation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.aclbc.org
Where can I find the form 990EZ for Allegany County Land Bank Corporation?
Allegany County Land Bank Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.aclbc.org
Learn more at the official website: www.aclbc.org
Mission Statement of Allegany County Land Bank Corporation
Allegany County Land Bank Corporation, a nonprofit organization, is committed to addressing the issue of vacant and abandoned properties in Allegany County, New York. Its primary mission is to facilitate the transformation of these neglected properties into productive assets, thereby eliminating the associated harm and liability. The corporation's primary goal is to return vacant, abandoned, and tax-delinquent properties to their former utility, thereby enhancing the overall welfare of the community.
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Impact
October, 2024
The Allegany County Land Bank Corporation addresses the critical issue of vacant and abandoned properties in Allegany County, New York, making a substantial impact on the community. By facilitating the return of these properties to productive use, the organization helps to revitalize neighborhoods, improve property values, and enhance the overall quality of life for residents.
Through its efforts, the Land Bank Corporation effectively eliminates the harms and liabilities posed by vacant structures, such as increased crime rates, blight, and decreased urban aesthetics. By transforming vacant and tax-delinquent properties into viable housing options, the organization contributes to a healthier housing market and fosters economic development within the region.
Located in Belmont, NY, the Allegany County Land Bank Corporation is dedicated to creating sustainable community solutions that benefit both current and future residents, ultimately promoting stability and growth in Allegany County.
This information is meant to be a general summary of Allegany 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.
- Gross Receipts: $126,009
Assets and Liabilities:
- Total Assets: $449,593
- Total Liabilities: $21,008
- Net Assets: $428,585
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Organization Details
Phone
(585) 268-7472Principal Officer
Darwin Fanton
Main Address
6087 STATE ROUTE 19 N 300, BELMONT, NY, 14813
Website
www.aclbc.orgNTEE Category
Code: L19 - Housing
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