Van Wert County Land Reutilization Corporation

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

EIN: 813568202 ✦ Van wert, OH ✦ Designated as a 501(c)(4)

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Overview

What is Van Wert County Land Reutilization Corporation?

Van Wert County Land Reutilization Corporation is a nonprofit organization dedicated to revitalizing blighted, foreclosed, and abandoned properties within its jurisdiction. By managing 23 homes in its inventory, this corporation plays a crucial role in transforming these neglected properties into viable and marketable assets. The organization's mission is to contribute positively to the community by enhancing the overall appearance and livability of its neighborhoods, thereby improving the quality of life for local residents.

Is Van Wert County Land Reutilization Corporation legitimate?

Van Wert County Land Reutilization Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Van Wert County Land Reutilization 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.

What is the mission statement of Van Wert County Land Reutilization Corporation?

The Van Wert County Land Reutilization Corporation's mission is to oversee the transformation of dilapidated, foreclosed, and abandoned properties into marketable assets. By doing so, they aim to revitalize affected areas and contribute to the overall improvement of the property market. Currently, the corporation has 23 properties in its inventory, ready for transition.

Who is the CEO of Van Wert County Land Reutilization Corporation?

Stan Owens is the Trustee of Van Wert County Land Reutilization Corporation.

What is the revenue of Van Wert County Land Reutilization Corporation?

Van Wert County Land Reutilization Corporation's revenue in 2022 was $81,084.

Who are the executives of Van Wert County Land Reutilization Corporation and what are their salaries?


Here are 6 key members and their salaries:


Stan Owens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Wolfrum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mcintosh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Simmerman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Markward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Stevens (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Van Wert County Land Reutilization Corporation?

Van Wert County Land Reutilization Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Van Wert County Land Reutilization Corporation

The Van Wert County Land Reutilization Corporation is dedicated to transforming neglected, foreclosed, and deserted properties into viable and saleable assets. With a stock of 23 homes, this organization plays a crucial role in revitalizing communities by breathing new life into previously blighted properties. The corporation's mission is to facilitate this transition, ultimately contributing to the improvement of the local property market.

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Impact




October, 2024

The Van Wert County Land Reutilization Corporation plays a crucial role in revitalizing communities by transforming blighted, foreclosed, and abandoned properties into viable marketable homes. With an inventory of 23 properties, it addresses the challenges of urban decay, fostering neighborhood improvement and enhancing property values. Its efforts not only help to mitigate the effects of foreclosure and abandonment but also contribute to a more stable housing market in Van Wert, Ohio. Through this process, the corporation creates opportunities for new homeowners, encourages community engagement, and promotes sustainable development, thereby positively impacting the overall quality of life in the region.




This information is meant to be a general summary of Van Wert 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.

Revenue
$81,084 (2022)
Expenses
$106,958 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $220
  • Gross Receipts: $81,084

Assets and Liabilities:

  • Total Assets: $252,597
  • Total Liabilities: $0
  • Net Assets: $252,597

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Organization Details

Principal Officer

Stan Owens

Main Address

145 EAST MAIN STREET, VAN WERT, OH, 45891

NTEE Category

Code: L25 - Housing

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