Nonprofit · EIN 99-3198921
HERKIMER COUNTY LAND BANK CORPORATION
Tax-exempt · HERKIMER, NY 13350
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $348,069 | $276,838 | $71,231 | $247,437 | $157,400 | $90,037 |
| December 31, 2024 | 990-EZ | $68,104 | $49,298 | $18,806 | $53,806 | $35,000 | $18,806 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $387,132
- of which government grants
- $336,782
- Program service revenue
- $0
- Investment income
- -$39,063
- Net gain from sales of assets
- -$40,718
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $70,718
- Salaries, compensation and benefits (total)
- $70,718
- Professional fundraising fees
- $0
- Travel
- $659
- Program services (functional)
- $245,154
- Management and general (functional)
- $31,684
Balance sheet and other
- Total assets, start of year
- $53,806
- Total assets, end of year
- $247,437
- Total liabilities, end of year
- $157,400
- Net assets, end of year
- $90,037
- Net assets without donor restrictions
- $90,037
- Gross receipts
- $393,790
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2024
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL EDWARDS | EXECUTIVE DIRECTOR Trustee or director | 40 | $70,718 |
| JAMES WALLACE | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| PETER CAMPIONE | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| KIMBERLY ENEA | TREASURER Trustee or director, Officer | 8 | $0 |
| MARK FEANE | SECRETARY Trustee or director, Officer | 2 | $0 |
| RAYMOND DONLEY | BOARD MEMBER Trustee or director | 2 | $0 |
| CYNTHIA BENNETT | BOARD MEMBER Trustee or director | 2 | $0 |
| V JAMES BONO | BOARD MEMBER Trustee or director | 2 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES WALLACE | CHAIRMAN | 2 | $0 |
| PETER CAMPIONE | VICE CHAIRMAN | 2 | $0 |
| KIMBERLY ENEA | TREASURER | 2 | $0 |
| MARK FEANE | SECRETARY | 2 | $0 |
| RAYMOND DONLEY | BOARD MEMBER | 2 | $0 |
| CYNTHIA BENNETT | BOARD MEMBER | 2 | $0 |
| V JAMES BONO | BOARD MEMBER | 2 | $0 |
| MICHAEL EDWARDS | EXECUTIVE DIRECTOR | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 109 MARY ST, HERKIMER, NY 13350-1998
- Principal officer (990 for 2025)
- MICHAEL EDWARDS, 109 MARY STREET SUITE 1310, HERKIMER, NY 13350
- Signed the 990
- MICHAEL EDWARDS, EXECUTIVE DIRECTOR
- Phone
- (315) 867-1650
- Website
- HERKIMERCOUNTYLANDBANK.ORG
- Return prepared by
- D'ARCANGELO & CO LLP
Mission
THE MISSION OF THE HERKIMER COUNTY LAND BANK CORPORATION IS TO ADDRESS VACANT, ABANDONED AND BLIGHTED PROPERTIES LOCATED WITHIN HERKIMER COUNTY. LOCAL GOVERNMENTS ALONE DO NOT HAVE SUFFICIENT RESOURCES OR TOOLS BY WHICH TO IDENTIFY, STABILIZE, REHABILITATE AND RESELL SUCH PROPERTIES, NOR TO UNDERTAKE THE PROCESS OF DECONSTRUCTION OR DEMOLITION OF THOSE BUILDINGS THAT ARE BEYOND REASONABLE REPAIR. THE LAND BANK WOULD ACT IN CONJUNCTION WITH LOCAL GOVERNMENTS, AND OTHER NOT-FOR-PROFIT GROUPS TO LEVERAGE ALL AVAILABLE RESOURCES TO REVITALIZE ALL HERKIMER COUNTY COMMUNITIES.
Program accomplishments
- THE HERKIMER COUNTY LAND BANK FACILITATES THE PROCESS OF ACQUIRING, IMPROVING AND REDISTRIBUTING VACANT AND ABANDONED PROPERTIES TO ELIMINATE THE HARMS AND LIABILITIES CAUSED BY SUCH PROPERTIES AND RETURN THEM TO PRODUCTIVE USE, WHILE BEING CONSISTENT WITH THEMUNICIPALITY'S REDEVELOPMENT AND COMPREHENSIVE PLANS.Expenses $245,154 · revenue $336,782
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3198921
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $247,437
- Income (IRS master file)
- $393,790
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $348,069 | $276,838 | $247,437 | IRS |
| 990-EZ | December 2024 | $68,104 | $49,298 | $53,806 | 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 99-3198921).
Questions about HERKIMER COUNTY LAND BANK CORPORATION
- What is the EIN of HERKIMER COUNTY LAND BANK CORPORATION?
- The employer identification number (EIN) of HERKIMER COUNTY LAND BANK CORPORATION is 99-3198921.
- Is HERKIMER COUNTY LAND BANK CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to HERKIMER COUNTY LAND BANK CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HERKIMER COUNTY LAND BANK CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HERKIMER COUNTY LAND BANK CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HERKIMER COUNTY LAND BANK CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HERKIMER COUNTY LAND BANK CORPORATION?
- The 990 for the year ended December 31, 2025 names MICHAEL EDWARDS.
- Who are the officers and directors of HERKIMER COUNTY LAND BANK CORPORATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $70,718 (MICHAEL EDWARDS, EXECUTIVE DIRECTOR).
- How much revenue does HERKIMER COUNTY LAND BANK CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $348,069, expenses of $276,838 and total assets of $247,437 at year end.
Other nonprofits in HERKIMER
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- HERKIMER 9 FOUNDATION INC EIN 85-4267172 · last filed 990-EZ for 2025
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- NYSARC INC EIN 16-0973231 · last filed 990 for 2024
- VALLEY HEALTH SERVICES INC EIN 22-2511614 · last filed 990 for 2024
- VALLEY RESIDENTIAL SERVICES INC EIN 46-3703838 · last filed 990 for 2024
- HERKIMER COUNTY COMMUNITY COLLEGE HOUSING AUTHORITY EIN 16-1579707 · last filed 990 for 2025
- HERKIMER COUNTY COLLEGE FOUNDATION INC EIN 16-6076227 · last filed 990 for 2025
All nonprofits in HERKIMER · New York · Community improvement and capacity building