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EIN 81-1773249

Wilmington Neighborhood Conservancy Land Bank Corporation

IRS 501(c) type
501(c)(3)
Num. employees
4
City
Wilmington
State
Delaware
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
Wilmington Neighborhood Conservancy Land Bank Corporation strives to revitalize neighborhoods and spur economic development by transforming vacant, dilapidated, abandoned, and delinquent properties into productive assets.
Total revenues
$4,934,033
2022
Total expenses
$3,563,700
2022
Total assets
$3,846,516
2022
Num. employees
4
2022

Program areas at Wilmington Neighborhood Conservancy Land Bank Corporation

Return vacant, dilapidated, abandoned, and delinquent properties to productive use in order to strengthen and revitalize our neighborhoods and spur economic development.

Who funds Wilmington Neighborhood Conservancy Land Bank Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Habitat for Humanity - New Castle CountyNeighborhood Revitalization$0

Personnel at Wilmington Neighborhood Conservancy Land Bank Corporation

NameTitleCompensation
Ray SaccomandiChief Operating Officer$100,000
Richard J GessnerChairman of the Board / Chair / President$0
Susan FrankTreasurer$0
Rick GessnerChairman of the Board
William FreebornExecutive Director$27,500
...and 3 more key personnel

Financials for Wilmington Neighborhood Conservancy Land Bank Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,174,269
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$36,252
Net gain from sale of non-inventory assets$-276,488
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,934,033

Form 990s for Wilmington Neighborhood Conservancy Land Bank Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-11990View PDF
2019-122021-03-02990View PDF
2018-122020-01-23990View PDF
...and 1 more Form 990
Data update history
January 24, 2024
Updated personnel
Identified 5 new personnel
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Business and community development organizationsReal estate organizationsCharities
Issues
Community improvement
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
404 N Market St
Wilmington, DE 19801
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Website URL
wilmingtonlandbank.org/ 
Phone
(302) 746-6009
IRS details
EIN
81-1773249
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
5313: Real Estate Services
Parent/child status
Independent
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