NonprofitsWilmington Neighborhood Conservancy Land Bank Corporation

Community Improvement & Capacity Building

Wilmington Neighborhood Conservancy Land Bank Corporation

WILMINGTON, DE

Total revenue

$5.9M

Total expenses

$2.3M

Net assets

$6.2M

Grants received

$549K

7 grants

EIN

811773249

Tax year

2024

Mission

The mission of the wilmington neighborhood conservancy land bank (wnclb) is to return vacant, dilapidated, abandoned, and delinquent properties to productive use in order to strengthen and revitalize our neighborhoods and spur economic development.we accomplish our mission in a way that: - is purposeful, transparent, and for the public good; - improves the coordination of resources and efforts within and between governments, community organizations, and the private sector; - is both economically efficient and sustainable; - reflects the goals and objectives of the city's comprehensive development plan; and - invests in existing neighborhoods.

Financials

FY 2024

Revenue

Contributions & grants$7.2M
Program service revenue
Investment income
Other revenue
Total revenue$5.9M

Expenses

Grants paid
Salaries & benefits$368K
Fundraising$101K
Other expenses$1.9M
Total expenses$2.3M
Total assets$9.1M
Net assets$6.2M

People

16 listed

NameRoleCompensation

RAY SACCOMANDI

CHIEF OPERATING OFFICER

Board

$125K

40 hrs/wk

RAHEEMAH JABBAR-BEY

DIRECTOR

Board

2 hrs/wk

ROBERT L WEIR

DIRECTOR

Board

2 hrs/wk

ERNEST CONGO

DIRECTOR

Board

2 hrs/wk

CHRISTOPHER C JOHNSON

DIRECTOR

Board

2 hrs/wk

TOM OGDEN

DIRECTOR

Board

2 hrs/wk

MARIA CABRERA

DIRECTOR

Board

2 hrs/wk

CASSANDRA MARSHALL

DIRECTOR

Board

2 hrs/wk

RICHARD J GESSNER JR

CHAIR

Board

10 hrs/wk

TIMOTHY LUCAS

DIRECTOR

Board

2 hrs/wk

DAVID ROSS

DIRECTOR

Board

2 hrs/wk

RAY FITZGERALD

DIRECTOR

Board

2 hrs/wk

KEVIN SMITH

SECRETARY

Board

2 hrs/wk

SUSAN FRANK

TREASURER

Board

2 hrs/wk

HAL SCHNEIKERT

VICE PRESIDENT

Board

2 hrs/wk

VANDELL HAMPTON

DIRECTOR

Board

2 hrs/wk

Independent contractors

9SDC LLC

CONSTRUCTION SERVICES

$910K

SUBCOOL HEAT & AIR

CONSTRUCTION SERVICES

$456K

SME MASONRY CONTRACTORS

CONSTRUCTION SERVICES

$391K

PINNACLE HOMES LLC

CONSTRUCTION SERVICES

$320K

CHIEF MECHANICAL

CONSTRUCTION SERVICES

$265K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$33K
COMMUNITY INVESTMENTS (ART, COMMUNITY CENTERS, GREEN SPACES)
2024
$216K
NEIGHBORHOOD REVITALIZATION
2023
$85K
NEIGHBORHOOD REVITALIZATION
2022
$250
GENERAL OPERATING SUPPORT
2020
$200K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2019
$100
GENERAL OPERATING SUPPORT
2018

Funded by

$549K from 4 funders · 7 grants · 2018–2024

Habitat For Humanity Of New Castle

$301K · 2 grants · 2022–2023

Jpmorgan Chase Foundation

$200K · 3 grants · 2018–2020

Wsfs Cares Foundation

$33K · 1 grant · 2024

Details

EIN811773249
NTEE codeS20
Subsection03
Ruling date2016-10
Formed2016
Employees5
Volunteers15
WILMINGTON NEIGHBORHOOD CONSERVANCY LAND BANK CORPORATION — Mission, Financials & Grants Received | Grantivo