Overview
What is Ashland County Land Reutilization Corporation?
The Ashland County Land Reutilization Corporation is a nonprofit organization situated in Ashland, Ohio. Its primary objective is to assist both governmental entities and various other organizations, whether non-profit or for-profit, in the process of acquiring, clearing, and securing the title of vacant real estate properties within Ashland County. This initiative is aimed at promoting economic and housing development in the region. The organization's mission involves returning low-value, vacant properties to productive use in a fair and efficient manner. To accomplish this, it provides a systematic process for reclaiming, rehabilitating, and reutilizing such properties, which have either become abandoned, foreclosed due to taxes, or fallen into disuse for other reasons, within Ashland County. The organization is led by a small team of one dedicated individual.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
The Ashland County Land Reutilization Corporation has received a low rating primarily due to its lack of transparency and accountability in financial practices. The overall score reflects a significant deficiency in key areas, particularly in its program expense ratio and several missing policies, which are critical for ensuring the organization operates effectively and ethically.
On a positive note, the organization boasts a fully independent board, with all members meeting the independence criteria, and there are no reported material diversions of assets. This indicates a commitment to governance that could potentially foster trust among stakeholders. However, the absence of essential policies such as conflict of interest and whistleblower protections undermines its accountability framework.
Overall, while the structure and governance of the Ashland County Land Reutilization Corporation show potential, the lack of financial transparency and missing operational policies significantly detracts from its effectiveness as a nonprofit organization. Improvement in these areas is necessary for gaining credibility and better serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Ashland County Land Reutilization Corporation legitimate?
Ashland County Land Reutilization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashland County Land Reutilization 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: $15,000
For more financial information, click here
What is the mission statement of Ashland County Land Reutilization Corporation?
The Ashland County Land Reutilization Corporation's mission is centered around revitalizing vacant, low-value properties in a fair and high-quality manner. This organization facilitates the reclamation, rehabilitation, and reutilization of abandoned, tax-foreclosed, or other real properties within Ashland County. They offer assistance to governmental entities, non-profit organizations, and for-profit individuals to gather, clear, and secure the titles of real properties in Ashland County. This initiative aims to stimulate economic and housing development within the county.
Who is the CEO of Ashland County Land Reutilization Corporation?
Bill Harvey is the Board Member of Ashland County Land Reutilization Corporation.
What is the revenue of Ashland County Land Reutilization Corporation?
Ashland County Land Reutilization Corporation's revenue in 2022 was $50,654.
Who are the executives of Ashland County Land Reutilization Corporation and what are their salaries?
The average compensation at Ashland County Land Reutilization Corporation during 2022 was $15,000. There is 1 employee at Ashland County Land Reutilization Corporation.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Ashland County Land Reutilization Corporation?
Ashland County Land Reutilization Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ashland County Land Reutilization Corporation
The Ashland County Land Reutilization Corporation is an organization with a mission to restore vacant, low-value properties to productive use in an equitable and qualitative manner. This mission is executed through a process that facilitates the reclamation, rehabilitation, and reutilization of abandoned, tax-foreclosed, or other real property within Ashland County. By providing assistance to governmental entities, non-profit organizations, and for-profit persons, the organization aids in the assembly, clearing, and clearing the title of real property in Ashland County. This process promotes economic and housing development within the county, ultimately contributing to its overall growth and prosperity.
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Impact
August, 2024
The Ashland County Land Reutilization Corporation plays a crucial role in revitalizing and improving the community in Ashland County. By returning vacant, low-value properties to productive use in an equitable and qualitative manner, the organization contributes to economic and housing development in the region. Their assistance to governmental entities and other organizations in assembling, clearing, and securing the title of real property helps facilitate the reclamation, rehabilitation, and reutilization of abandoned or tax-foreclosed properties in Ashland County. Overall, the impact of the Ashland County Land Reutilization Corporation is significant in promoting community improvement and revitalization efforts in the area.
This information is meant to be a general summary of Ashland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $97,178
Assets and Liabilities:
- Total Assets: $421,222
- Total Liabilities: $362
- Net Assets: $420,860
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Organization Details
Founding Year
2018
Phone
(419) 282-4220Principal Officer
Bill Harvey
Main Address
1605 COUNTY ROAD 1095, ASHLAND, OH, 44805
NTEE Category
Code: S19 - Community improvement
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