Nonprofit · EIN 46-3600343
ROCHESTER LAND BANK CORPORATION
Tax-exempt · ROCHESTER, NY 14614
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,480,554 | $2,034,102 | -$553,548 | $3,393,175 | $2,557,439 | $835,736 |
| June 30, 2024 | 990 | $523,454 | $274,758 | $248,696 | $2,224,025 | $834,741 | $1,389,284 |
| June 30, 2023 | 990 | $353,180 | $770,791 | -$417,611 | $1,196,252 | $55,664 | $1,140,588 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,124,354
- of which government grants
- $1,124,354
- Program service revenue
- $0
- Investment income
- $356,200
- Net gain from sales of assets
- $242,541
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $159,416
- Salaries, compensation and benefits (total)
- $159,416
- Professional fundraising fees
- $0
- Program services (functional)
- $1,629,681
- Management and general (functional)
- $404,421
Balance sheet and other
- Total assets, start of year
- $2,224,025
- Total assets, end of year
- $3,393,175
- Total liabilities, end of year
- $2,557,439
- Net assets, end of year
- $835,736
- Net assets without donor restrictions
- $835,736
- Gross receipts
- $1,480,554
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2013
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES SMITH | DIRECTOR Trustee or director | 1 | $0 | $168,974 | $41,711 |
| ERIK FRISCH | CHAIR Trustee or director, Officer | 1 | $0 | $145,680 | $46,406 |
| JOHN FORNOF | TREASURER Trustee or director, Officer | 1 | $0 | $139,508 | $41,551 |
| CASMIC REID | DIRECTOR Trustee or director | 1 | $0 | $119,448 | $55,259 |
| PAUL SCUDERI | EXECUTIVE DIRECTOR Officer | 15 | $0 | $117,978 | $55,259 |
| CAROL WHEELER | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $126,090 | $34,741 |
| LASHAY HARRIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ERIK VAN DUSEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES SMITH | DIRECTOR Trustee or director | 1 | $0 | $159,341 | $29,055 |
| KURT MARTIN | DIRECTOR Trustee or director | 1 | $0 | $133,826 | $31,482 |
| ERIK FRISCH | CHAIR Trustee or director, Officer | 1 | $0 | $127,660 | $32,816 |
| JOHN FORNOF | TREASURER Trustee or director, Officer | 1 | $0 | $131,469 | $24,044 |
| CAROL WHEELER | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $120,306 | $23,206 |
| PAUL SCUDERI | EXECUTIVE DIRECTOR Officer | 15 | $0 | $112,864 | $30,100 |
| LASHAY HARRIS | SECRETARY Trustee or director, Officer | 1 | $0 | $37,556 | $13,756 |
| ERIK VAN DUSEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES SMITH | DIRECTOR Trustee or director | 1 | $0 | $170,368 | $90,295 |
| KURT MARTIN | DIRECTOR Trustee or director | 1 | $0 | $128,291 | $67,994 |
| JOHN FORNOF | TREASURER Trustee or director, Officer | 1 | $0 | $122,873 | $65,123 |
| ERIK FRISCH | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $118,930 | $63,033 |
| CAROL WHEELER | CHAIR Trustee or director, Officer | 1 | $0 | $115,195 | $61,053 |
| PAUL SCUDERI | EXECUTIVE DIRECTOR Officer | 15 | $0 | $107,854 | $57,163 |
| LASHAY HARRIS | SECRETARY Trustee or director, Officer | 1 | $0 | $34,677 | $18,379 |
| ERIC VAN DUSAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 30 CHURCH ST RM 125B, ROCHESTER, NY 14614-1290
- In care of
- % KATHERINE SHEETS
- Principal officer (990 for 2024)
- PAUL SCUDERI, 30 CHURCH STREET 125B, ROCHESTER, NY 14614
- Signed the 990
- PAUL SCUDERI, EXECUTIVE DIRECTOR
- Phone
- (585) 428-7527
- Return prepared by
- EFPR ADVISORY LLC
Mission
THE ROCHESTER LAND BANK CORPORATION PURPOSE IS TO STIMULATE ECONOMIC AND COMMUNITY DEVELOPMENT THROUGH THE ACQUISITION AND DISPOSAL OF PROPERTIES THAT HAVE BEEN DEEMED VACANT, ABANDONED, TAX DELINQUENT, OR IN TAX FORECLOSURE. AS A RESULT, PROMOTING NEIGHBORHOOD AND COMMUNITY REVITALIZATION AND ELIMINATING THE HARMS AND LIABILITIES CAUSED BY SUCH PROPERTIES.
Program accomplishments
- THE PURPOSE IS TO EVALUATE, RECLAIM, AND DEVELOP ABANDONED, VACANT, TAX-DELINQUENT, OR UNDESIRABLE LAND FOR POTENTIAL HOUSING OPPORTUNITIES AND TO PROMOTE COMMUNITY REVITALIZATION IN THE CITY OF ROCHESTER, NEW YORK.Expenses $1,629,681 · revenue $242,541
What it must file and when
IRS records say it files Not required (state instrumentality). Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3600343
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Not required (state instrumentality)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $3,393,175
- Income (IRS master file)
- $1,480,554
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,480,554 | $2,034,102 | $3,393,175 | IRS |
| 990 | June 2024 | $523,454 | $274,758 | $2,224,025 | XML |
| 990 | June 2023 | $353,180 | $770,791 | $1,196,252 | XML |
| 990 | June 2022 | $853,798 | $369,557 | $1,564,321 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3600343).
Questions about ROCHESTER LAND BANK CORPORATION
- What is the EIN of ROCHESTER LAND BANK CORPORATION?
- The employer identification number (EIN) of ROCHESTER LAND BANK CORPORATION is 46-3600343.
- Is ROCHESTER LAND BANK CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to ROCHESTER LAND BANK CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCHESTER LAND BANK CORPORATION file?
- Form Not required (state instrumentality).
- When is the next return of ROCHESTER LAND BANK CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCHESTER LAND BANK CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ROCHESTER LAND BANK CORPORATION?
- The 990 for the year ended June 30, 2025 names PAUL SCUDERI.
- Who are the officers and directors of ROCHESTER LAND BANK CORPORATION?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ROCHESTER LAND BANK CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,480,554, expenses of $2,034,102 and total assets of $3,393,175 at year end.
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All nonprofits in ROCHESTER · New York · Community improvement and capacity building