NonprofitsWaterbury Land Bank Authority Inc

Housing & Shelter

Waterbury Land Bank Authority Inc

WATERBURY, CT

Total revenue

$707K

Total expenses

$362K

Net assets

$442K

Grants received

$221K

6 grants

EIN

874720705

Tax year

2023

Mission

The waterbury land bank authority ("wlb") works to enhance the quality of life for waterbury residents. We do this by repurposing vacant lots and structures into new community assets. We work closely with the city of waterbury, other community nonprofits, and local businesses to catalyze neighborhood investments. Our priorities include infill housing, housing rehabilitation, community greening projects, and expanding waterbury's tree canopy. Our work promotes a mix of housing options, reduces blight, and clears dilapidated structures to allow new development.

Financials

FY 2023

Revenue

Contributions & grants$705K
Program service revenue
Investment income$2K
Other revenue
Total revenue$707K

Expenses

Grants paid
Salaries & benefits$246K
Fundraising$1K
Other expenses$116K
Total expenses$362K
Total assets$468K
Net assets$442K

People

8 listed

NameRoleCompensation

NANCY MACMILLAN

EXECUTIVE DIRECTOR

Board

$133K

40 hrs/wk

ROBERT POLITO

TREASURER

Board

2 hrs/wk

DANIEL LAUER

MEMBER

Board

2 hrs/wk

JAMES GATLING

VICE-CHAIR

Board

2 hrs/wk

FRED LUEDKE

CHAIR

Board

2 hrs/wk

GAWDYS GRULLON

MEMBER

Board

2 hrs/wk

JOEL BECKER

MEMBER

Board

2 hrs/wk

MAGARET SMITH

SECRETARY

Board

2 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$20K
WOW Neighborhood Revitalization
2024
$75K
GREATER WATERBURY COMMUNITY LAND BANK
2023
$20K
TO SUPPORT A CONDITIONS ASSESSMENT
2023
$6K
STRENGTHENING STRATEGIC PLAN
2023
$75K
GREATER WATERBURY COMMUNITY LAND BANK
2022

Funded by

$221K from 5 funders · 6 grants · 2022–2024

Harold Webster Smith Foundation Inc

$150K · 2 grants · 2022–2023

Webster Bank Charitable Foundation

$20K · 1 grant · 2024

Liberty Bank Foundation Inc

$20K · 1 grant · 2023

Details

EIN874720705
NTEE codeL20
Subsection03
Ruling date2022-11
Formed2022
Employees2
Volunteers7
WATERBURY LAND BANK AUTHORITY INC — Mission, Financials & Grants Received | Grantivo