2025-11-12T09:48:55-06:00 2024-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990 2024-01-01 811773249 WILMINGTON NEIGHBORHOOD CONSERVANCY LAND BANK CORPORATION WILM 3027466009 226 N FRANKLIN STREET WILMINGTON DE 19805 CHARLES M FREEL EXECUTIVE DIRECTOR 3027466009 2025-11-12 1 0 MICHAEL E MAST CPA P01236422 3022250600 2025-11-12 2024 2025-03-06 01:10:19Z X CHARLES M FREEL 226 N FRANKLIN STREET WILMINGTON DE 19805 8837177 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 5 15 0 0 7014561 7205983 0 0 -2643601 -1317532 17715 0 4388675 5888451 14400 0 0 0 310476 368374 0 0 100989 3953585 1930932 4278461 2299306 110214 3589145 4678307 9052955 2348543 2897470 2329764 6155485 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 2048743 -1335573 RETURN VACANT, DILAPIDATED, ABANDONED, AND DELINQUENT PROPERTIES TO PRODUCTIVE USE IN ORDER TO STRENGTHEN AND REVITALIZE OUR NEIGHBORHOODS AND SPUR ECONOMIC DEVELOPMENT. 2048743 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 1 5 1 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 226 N FRANKLIN STREET WILMINGTON DE 19805 X RICHARD J GESSNER JR CHAIR 10.00 X X 0 0 0 RAHEEMAH JABBAR-BEY 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 KEVIN SMITH SECRETARY 2.00 X X 0 0 0 SUSAN FRANK TREASURER 2.00 X X 0 0 0 HAL SCHNEIKERT VICE PRESIDENT 2.00 X X 0 0 0 RAY SACCOMANDI CHIEF OPERATING OFFICER 40.00 X 125000 0 21191 125000 0 21191 1 0 0 0 9SDC LLC 1007 N ORANGE STREET WILMINGTON DE 19801 CONSTRUCTION SERVICES 910100 SUBCOOL HEAT & AIR 2907 N MARKET STREET WILMINGTON DE 19802 CONSTRUCTION SERVICES 456450 SME MASONRY CONTRACTORS 1205 BRUCE ROAD WILMINGTON DE 19803 CONSTRUCTION SERVICES 390505 PINNACLE HOMES LLC 1725 GILPIN AVENUE WILMINGTON DE 19806 CONSTRUCTION SERVICES 319921 CHIEF MECHANICAL 109 WEST 36TH STREET WILMINGTON DE 19802 CONSTRUCTION SERVICES 265470 11 6812450 393533 10200 7205983 18041 18041 1613153 2948726 -1335573 -1335573 -1335573 5888451 -1335573 0 18041 146191 116953 14619 14619 182200 96000 12000 74200 3171 2537 317 317 13311 10649 1331 1331 23501 14994 1874 6633 9005 7414 1591 94944 94944 60091 53577 6514 16953 16953 8653 6923 865 865 6860 5488 686 686 23376 18700 2338 2338 1886 1886 260 260 749 749 47595 37246 10349 SUBSIDY ALLOWANCE ON PR 1266372 1266372 PROPERTY MAINTENANCE CO 301622 301622 POLLUTION REMEDIATION E 92566 92566 2299306 2048743 149574 100989 2930053 4606833 518790 137248 125000 62500 17265 15915 1301871 14978 749 1286893 1592992 2437024 4678307 9052955 184033 269351 1484704 2541473 592500 87306 86646 2348543 2897470 X 2255586 5973068 74178 182417 2329764 6155485 4678307 9052955 3589145 236576 0 X 0 1 X 1 1 1 X 863331 2179796 5188269 7014561 7205983 22451940 863331 2179796 5188269 7014561 7205983 22451940 22451940 764 68 36252 17715 18041 72840 22524780 3026320 0.99680 0.99190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14978 14978 0 1286893 1286893 1286893 PROPERTY HELD FOR SALE AND FUTURE USE, NET 2436225 SECURITY DEPOSIT 799 2437024 POLLUTION REMEDIATION OBLIGATION 85851 SECURITY DEPOSIT 795 86646 8843177 6000 2948726 2954726 5888451 0 5888451 5254032 6000 2948726 2954726 2299306 0 2299306 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF PROPERTY SOLD 2,948,726. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF PROPERTY SOLD 2,948,726. 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. 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 2340564 REVENUE