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ROCHESTER LAND BANK CORPORATION

ROCHESTER, NY · EIN 463600343 · Form 990 · FY2024 · NTEE S30 · Community Improvement · Medium ($1M-$10M) · cityofrochester.gov
revenue
$1.5M
expenses
$2.0M
net assets
$836K
employees
0
program ratio
80%
mission · from form 990

TO ACQUIRE, DEVELOP, AND RETURN VACANT, TAX-DELINQUENT, OR UNDESIRABLE LAND AND BUILDING INTO PRODUCTIVE USE THAT PROMOTES THE COMMUNITY.

profile · synthesized from sources

The City of Rochester issues permits and licenses for a wide range of activities including business operations, entertainment venues, food vending, and vehicle services. The website details application processes, fees, and regulatory requirements for various licenses such as amusement centers, junk dealers, taxicabs, and food trucks. It serves as an informational resource for residents and businesses navigating local regulations.

named programs · 4 · from sources

What they call their work

Animal and Poultry Licensing
Provides two-year licenses for individuals or businesses keeping legal live animals or fowl, subject to police department approval.
Business and Vendor Licensing
Issues licenses for businesses including amusement centers, billiard rooms, bowling centers, and entertainment venues with defined fee structures and approval requirements.
Food Truck and Cart Vending
Regulates mobile food vending through annual licenses, special event permits, and location-based fees for Center City and non-Center City areas.
Taxicab and Livery Services
Issues hack plates and livery licenses for taxicab operations, requiring background checks, insurance, and compliance with city safety standards.
activities · 2 groups

What they do

  • Land Bank Property Revitalization 1 activity
    • Acquires and redevelops vacant and abandoned properties
      Acquires, holds, and disposes of vacant, abandoned, or underutilized real property to return it to productive use, primarily through the City of Rochester Tax Foreclosure Auction. Manages and redevelops these properties for community benefit.
  • Uncategorized 1 activity
    • Provides online access to property data and mapping tools
      Provides public access to property assessment, tax, and water billing information for properties in Rochester, and enables users to generate detailed PDF reports and printable maps of specific properties through an interactive platform.
financials · form 990 · fy2024
revenue
Total revenue$1.48M
Contributions & grants$1.12M76%
Program service revenue$00%
Investment income$356K24%
Other revenue$0
expenses
Total expenses$2.03M
Program expenses80%
Admin / overhead20%
Fundraising0%
Salaries & benefits$159K
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$3.39M
Cash$3.32M
Investments$0
Liabilities$2.56M
Net assets$836K
Liquid reserves19.6 mo
6 years on record · 2019–2024 · YoY revenue +182.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
JAMES SMITH DIRECTOR 1 $211K
ERIK FRISCH CHAIR 1 $192K
JOHN FORNOF TREASURER 1 $181K
CASMIC REID DIRECTOR 1 $175K
PAUL SCUDERI EXECUTIVE DIRECTOR 15 $173K
CAROL WHEELER VICE-CHAIR 1 $161K
board members · 2
  • ERIK VAN DUSEN — DIRECTOR
  • LASHAY HARRIS — SECRETARY
relationships · 5

Who they work with

  • City of Rochester Government — Primary governmental partner; source of tax-foreclosed properties and appointing authority for board members.
  • City of Rochester Government — Rochester Land Bank Corporation operates as a municipal entity under the City of Rochester government structure.
  • Flowbird Partner — Partner organization providing mobile payment technology for city parking meters.
  • Monroe County Government — Refers users to the Monroe County Real Property Portal for property information in neighboring towns.
  • Rochester Roots HDFC Partner — Co-located or collaborates in shared meeting space, as indicated by shared meeting resource listing
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Strategic Land Reutilization for Community Revitalization
    methodology: land_reutilization
    By acquiring and redeveloping vacant or tax-delinquent properties in alignment with city-planned development strategies, the organization increases productive land use and neighborhood revitalization because it ensures reuse is coordinated, intentional, and responsive to community needs.
  • Transparent Data Access to Support Community Decision-Making
    methodology: open-data-access
    By providing open access to property data, the organization enables residents and stakeholders to make informed decisions about land use and redevelopment, because transparency fosters civic engagement and accountability in the revitalization process.