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Troy Community Land Bank Corporation

Troy Community Land Bank Corporation

Troy, NY
Tax ID47-2386710

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About this organization

Revenue

$291,892

Expenses

$441,993

Mission

The Troy Community Land Bank acquires, rehabilitates and resells vacant and abandoned buildings throughout the city of Troy, New York

About

The core purpose of the Troy Community Land Bank is to redevelop vacant, abandoned, and under-utilized properties through community partnerships and strategic planning. Our goal is to encourage economic growth, long-term sustainability and new opportunities for all of Troy's residents and businesses so that we can build stronger neighborhoods and enjoy a greater quality of life. During 2018 5 parcels of property were acquired and 9 properties were sold.

Interesting data from their 2019 990 filing

The purpose of the non-profit is outlined in the filing as “The troy community land bank acquires, rehabilitates and resells vacant and abandoned buildings throughout the city of troy, new york”.

When discussing its operations, they were defined as: “The troy community land bank acquires, rehabilitates and resells vacant and abandoned buildings throughout the city of troy, new york”.

  • The state where the non-profit operates has been legally reported as NY.
  • The filing indicates that the non-profit's address in 2019 is located at 200 BROADWAY NO 701, TROY, NY, 12180.
  • The non-profit has reported 2 employees on their form as of 2019.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$150,101.
  • The organization has 9 independent voting members.
  • The organization was formed in 2014.
  • The organization pays $105,297 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.