Overview
What is Lake County Land Reutilization Corp?
Lake County Land Reutilization Corp is a nonprofit organization situated in Painesville, Ohio. Its primary role involves managing vacant, abandoned, or tax-foreclosed real property, overseeing their reclamation, rehabilitation, and reutilization. The company takes necessary steps to clear titles of these properties and collaborates with other governmental entities to assemble properties for future development. Additionally, Lake County Land Reutilization Corp assists both non-profit and for-profit entities in their redevelopment, renovation, or revitalization efforts. With a single employee, this organization plays a crucial role in revitalizing the community by transforming neglected properties into valuable assets.
Is Lake County Land Reutilization Corp legitimate?
Lake County Land Reutilization Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake County Land Reutilization Corp 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.
Here are some key statistics you may want to consider:
Executive Compensation: $68,809
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,666
For more financial information, click here
Mission Statement of Lake County Land Reutilization Corp
Lake County Land Reutilization Corp is a dedicated organization that plays a crucial role in managing and revitalizing vacant, abandoned, or tax-foreclosed properties. Their mission involves holding these properties until they can be reclaimed, rehabilitated, and ultimately reutilized. The company takes the necessary steps to clear the titles of these properties, preparing them for future use. Apart from this, Lake County Land Reutilization Corp also assists various governmental entities in assembling properties for future development. Furthermore, they extend their support to both non-profit and for-profit entities, helping them with redevelopment, renovation, or revitalization efforts. By doing so, the corporation contributes to the overall transformation and regeneration of these properties, thereby potentially contributing to the betterment of the communities they are situated in.
Impact
This information is meant to be a general summary of Lake County Land Reutilization Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Lake County Land Reutilization Corp's impact is significant in revitalizing communities by holding and managing vacant, abandoned, or tax-foreclosed real property, facilitating their reclamation, rehabilitation, and reutilization. Through clearing titles and assisting in property assembly for future development, the organization plays a crucial role in enhancing neighborhoods and supporting both governmental and non-profit/for-profit entities in their redevelopment efforts. Its efforts directly contribute to community improvement by breathing new life into underutilized properties and fostering sustainable development.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY SALES
Revenue
$67,222
Organization Details
Founding Year
2012
Phone
(440) 350-2133
Principal Officer
John M Rogers
Main Address
8 N STATE ST STE 215, PAINESVILLE, OH, 44077
NTEE Category
Code: S20 - Community improvement
If you are a representative of Lake County Land Reutilization Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.