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Cattaraugus County Land Bank Corporation

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

EIN: 813344989 ✦ Little valley, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cattaraugus County Land Bank Corporation?

The Cattaraugus County Land Bank Corporation is a nonprofit organization situated in Little Valley, New York. Their primary goal is to combat issues related to vacant, abandoned, tax-delinquent, and tax foreclosed properties in the county. By strategically acquiring, developing, and selling distressed properties, they aim to lessen the burden on local government, increase home ownership, and stimulate economic development. They also focus on preserving and creating quality housing, improving neighborhoods, and fostering private sector investment in responsible land ownership. Collaborating with stakeholders, they seek to enhance community life and encourage development efforts.


Official website here: www.cattlandbank.org/

Is Cattaraugus County Land Bank Corporation legitimate?

Cattaraugus County Land Bank Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cattaraugus 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cattlandbank.org/

What is the mission statement of Cattaraugus County Land Bank Corporation?

The Cattaraugus County Land Bank Corporation's mission is centered around restoring and enhancing community value. They aim to put underutilized properties back into productive use, preserving and creating quality housing, and improving the quality of life within neighborhoods. The corporation also encourages private sector investment, cooperating with stakeholders who prioritize responsible land ownership. Their ultimate goal is to promote a dynamic and vibrant community.


Official website here: www.cattlandbank.org/

Who is the CEO of Cattaraugus County Land Bank Corporation?

Matthew Keller is the Treasurer of Cattaraugus County Land Bank Corporation.


Official website here: www.cattlandbank.org/

What is the revenue of Cattaraugus County Land Bank Corporation?

Cattaraugus County Land Bank Corporation's revenue in 2022 was $425,772.


Official website here: www.cattlandbank.org/

Who are the executives of Cattaraugus County Land Bank Corporation and what are their salaries?


Here are 7 key members and their salaries:


Matthew Keller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Abers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Koch (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Helmich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Higgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Martonis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cattlandbank.org/

Where can I find the form 990 for Cattaraugus County Land Bank Corporation?

Cattaraugus County Land Bank Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cattlandbank.org/

Learn more at the official website: www.cattlandbank.org/

Mission Statement of Cattaraugus County Land Bank Corporation

The Cattaraugus County Land Bank Corporation is dedicated to revitalizing and enhancing the community by transforming underutilized properties into productive assets. Their mission is twofold: firstly, they aim to restore the value of neglected properties, transforming them into dynamic and useful spaces. Secondly, they focus on preserving and creating high-quality housing, thereby improving the quality of life within neighborhoods. This organization encourages private sector investment and collaborates with stakeholders who share a commitment to responsible land ownership, thereby fostering a sense of communal growth and progress.

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Impact




October, 2024

The Cattaraugus County Land Bank Corporation significantly impacts the region by transforming underutilized properties into vibrant assets. By addressing the challenges posed by vacant, abandoned, and tax-delinquent properties, the organization helps rejuvenate neighborhoods and enhance quality of life. Through strategic acquisition and development, it returns improved properties to the tax roll, increasing homeownership and affordable housing opportunities.

This initiative combats community deterioration and urban decay, providing a remedy for the physical, economic, and social issues associated with neglected lands. By responsibly managing and improving promising properties, the Land Bank attracts reputable buyers committed to revitalization efforts. Its collaboration with private sectors, municipalities, and housing providers fosters a cooperative environment aimed at improving structures and removing those that no longer serve community needs.

The Land Bank's proactive approach not only lessees the burden on local governments but also stimulates economic development through the planning and implementation of targeted programs. By leveraging both internal resources and external partnerships, the organization plays a pivotal role in fostering community improvement and resilience throughout Cattaraugus County.




This information is meant to be a general summary of Cattaraugus 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.

Revenue
$425,772 (2022)
Expenses
$257,462 (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: $189,900
  • Gross Receipts: $425,772

Assets and Liabilities:

  • Total Assets: $542,264
  • Total Liabilities: $27,402
  • Net Assets: $514,862

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Programs

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

Property sales

Revenue

$189,900

Organization Details

Founding Year

2016

Principal Officer

Matthew Keller

Main Address

303 Court St, Little Valley, NY, 14755

NTEE Category

Code: S30 - Community improvement

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