2024-11-14T10:55:19-06:00 2023-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2023-01-01 811773249 WILMINGTON NEIGHBORHOOD CONSERVANCY LAND BANK CORPORATION WILM 3027466009 404 N MARKET ST WILMINGTON DE 19801 RAY SACCOMANDI CHIEF OPERATING OFFICER 3027466009 2024-11-11 1 0 MICHAEL E MAST CPA P01236422 3022250600 2024-11-11 2023 2024-10-15 13:58:12Z RAY SACCOMANDI 404 N MARKET ST WILMINGTON DE 19801 8035722 0 X WWW.WILMINGTONLANDBANK.ORG X 2016 DE 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. 15 7 4 15 0 0 5174269 7014561 0 0 -276488 -2643601 36252 17715 4934033 4388675 50801 14400 0 0 318486 310476 0 0 90839 3194413 3953585 3563700 4278461 1370333 110214 3846516 4678307 1868705 2348543 1977811 2329764 X 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 DEVELOMPENT PLAN; AND - INVESTS IN EXISTING NEIGHBORHOODS. 0 0 4076073 14400 -2625886 RETURN VACANT, DILAPIDATED, ABANDONED, AND DELINQUENT PROPERTIES TO PRODUCTIVE USE IN ORDER TO STRENGTHEN AND REVITALIZE OUR NEIGHBORHOODS AND SPUR ECONOMIC DEVELOPMENT. 4076073 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X X WILMINGTON NEIGHBORHOOD CONSERVANCY LAND BANK CORPORATION 3027466009 404 N MARKET STREET WILMINGTON DE 19801 X RICHARD J GESSNER JR CHAIR 10.00 X X 0 0 0 SUSAN FRANK TREASURER 2.00 X X 0 0 0 RAHEEMAH JABBAR-BEY DIRECTOR 2.00 X 0 0 0 KEVIN SMITH DIRECTOR 2.00 X 0 0 0 HAL SCHNEIKERT DIRECTOR 2.00 X 0 0 0 ROBERT L WEIR DIRECTOR 2.00 X 0 0 0 ERNEST CONGO DIRECTOR 2.00 X 0 0 0 CHRISTOPHER C JOHNSON DIRECTOR 2.00 X 0 0 0 TOM OGDEN DIRECTOR 2.00 X 0 0 0 MARIA CABRERA DIRECTOR 2.00 X 0 0 0 CASSANDRA MARSHALL DIRECTOR 2.00 X 0 0 0 VANDELL HAMPTON DIRECTOR 2.00 X 0 0 0 TIMOTHY LUCAS DIRECTOR 2.00 X 0 0 0 DAVID ROSS DIRECTOR 2.00 X 0 0 0 RAY FITZGERALD DIRECTOR 2.00 X 0 0 0 RAY SACCOMANDI CHIEF OPERATING OFFICER 40.00 X 111195 0 21154 111195 0 21154 1 0 0 0 PINNACLE HOMES LLC 1725 GILPIN AVENUE WILMINGTON DE 19806 CONSTRUCTION SERVICES 521000 PICASSO CONTRACTING 618 EAST DURHAM STREET PHILADELPHIA PA 19119 CONSTRUCTION SERVICES 340083 DEPENDABLE CONSTRUCTION OF DELAWARE 300 CORNELL DRIVE SUITE A2 WILMINGTON DE 19801 CONSTRUCTION SERVICES 271671 CHIEF MECHANICAL 109 WEST 36TH STREET WILMINGTON DE 19803 CONSTRUCTION SERVICES 217130 SME MASONRY CONTRACTORS 1205 BRUCE ROAD WILMINGTON DE 19803 CONSTRUCTION SERVICES 193965 8 6938161 76400 62000 7014561 17715 0 17715 17715 17715 1003446 3647047 -2643601 -2643601 -2643601 4388675 -2625886 0 0 14400 14400 132350 106248 13051 13051 153635 76567 9801 67267 519 345 43 131 3712 2970 371 371 20260 12683 1585 5992 26878 15215 11663 33740 33740 4163 4163 10129 10129 34023 27219 3402 3402 3897 3117 390 390 2350 1880 235 235 8802 8802 720 720 2996 2996 56893 43439 13454 SUBSIDY ALLOWANCE ON PR 3637830 3637830 PROPERTY MAINTENANCE CO 139568 139568 POLLUTION REMEDIATION E -8404 -8404 4278461 4076073 111549 90839 2322324 2930053 132557 137248 51000 17265 14978 14229 7489 749 1333146 1592992 3846516 4678307 95768 184033 1481930 1484704 160435 592500 130572 87306 1868705 2348543 X 1953633 2255586 24178 74178 1977811 2329764 3846516 4678307 110214 241739 0 X X 0 0 1 1 X 907919 863331 2179796 5188269 7014561 16153876 907919 863331 2179796 5188269 7014561 16153876 74793 16079083 1683 764 68 36252 17715 56482 16210358 1704179 0.99190 0.97440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 0 0 0 0 0 PART II-B, LINE 1: MANAGEMENT HAS LOBBIED FOR THE ALLOCATION OF GOVERNMENT ASSISTANCE TO THE ORGANIZATION. 14978 14229 749 749 PROPERTY HELD FOR SALE AND FUTURE USE, NET 1592195 SECURITY DEPOSIT 797 1592992 POLLUTION REMEDIATION OBLIGATION 86509 SECURITY DEPOSIT 797 87306 1 LATIN AMERICAN COMMUNITY CENTER 403 NORTH VAN BUREN WILMINGTON DE 19805 237047048 14400 0 TO FUND SECURITY SYSTEM 1 PART I, LINE 2: THE ORGANIZATION WORKS WITH THE REPAIR SERVICE PROVIDERS DIRECTLY TO ENSURE THE REPAIRS ARE COMPLETED AND FUNDS ARE APPROPRIATLY EXPENDED. X 3 62000 VALUE ESTIMATE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION ENGAGES A THIRD PARTY TO PREPARE THE FORM. THE COMPLETED FORM IS REVIEWED BY THE ORGANIZATION'S MANAGEMENT TEAM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY AND PRIOR TO APPOINTMENT, EACH DIRECTOR, MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS' DELEGATED POWERS, OFFICER, EMPLOYEE AND TECHNICAL BOARD MEMBER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S BOARD OF DIRECTORS EVALUATED COMPARABLE COMPENSATION DATA TO SET THE COMPENSATION LEVEL FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART VII 1(F) - EXPLANATION OF REASONABLE EFFORT COMPENSATION INFORMATION FROM THE CITY OF WILMINGTON, DELAWARE (A RELATED PARTY) FOR COMPENSATION PAID BY THE CITY OF WILMINGTON, DELAWARE DIRECTLY TO BOARD MEMBERS OF THE LAND BANK WAS NOT AVAILABLE. FORM 990, PART XII, LINE 3B: AT THE TIME OF FILING, THE REQUIRED AUDIT IS BEING PERFORMED. THE AUDIT WAS DELAYED DUE TO STAFFING CHALLENGES EXPERIENCED BY THE ORGANIZATION IN COMPLETING THE CLOSE OF ITS BOOKS AND RECORDS FOR 2023. CITY OF WILMINGTON DELAWARE 800 N FRENSH STREET WILMINGTON DE 19801 PRIMARY LOCAL GOVERNMENT DE GOVERNMENT ENTITY 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CITY OF WILMINGTON DELAWARE C 3954700 CASH