Oak Ridge Land Bank Inc.
Oak Ridge Land Bank Inc.
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About this organization
Revenue
-$40,826
Expenses
$6,898
Mission
To acquire, develop and return vacant or undesirable land to productive use
About
Evaluating, reclaiming and developing unused, vacant, tax-delinquent, or undesirable land for potential housing opportunities or returning them to productive public use properties.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “Oak ridge land bank will stimulate planning, economic development and neighborhood revitalization by acquiring, managing and disposing of vacant, abandoned, tax-delinquent and under-utilized properties in a manner that fosters the development of such property by returning them to productive use. in addition, the organization will analyze and evaluate properties throughout the city of oak ridge to preserve and revitalize neighborhoods.”.
When discussing its operations, they were characterized as: “To acquire, develop and return vacant or undesirable land to productive use”.
- The non-profit's legally reported state of operation is TN.
- The filing states that the non-profit's address in the year 2020 is PO BOX 1, OAK RIDGE, TN, 37831.
- The form submitted by the non-profit for 2020 shows a total of 0 employees.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue less expenses is -$47,724.
- The organization has 7 independent voting members.
- The organization was formed in 2013.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.