2024-06-13T09:39:31-05:00 2023-12-31 201317788 BOWERS & COMPANY CPAS PLLC 333 W WASHINGTON ST SUITE 500 SYRACUSE NY 13202 990 2023-01-01 812549668 OSWEGO COUNTY LAND BANK CORPORATION OSWE 3153493202 44 E BRIDGE STREET 303 OSWEGO NY 13126 SHANE BROADWELL PRESIDENT 3153493202 2024-06-12 1 SHANE BROADWELL 999009999 1 RICHARD FARLEY JR CPA P01083459 3152341100 2024-06-12 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z OSWEGO LAND BANK SHANE BROADWELL 44 E BRIDGE STREET 303 OSWEGO NY 13126 880369 0 X WWW.OSWEGOCOUNTYLANDBANK.COM X 2016 NY STRATEGICALLY TRANSFORM BLIGHTED OR VACANT PROPERTIES INTO APPEALING RESIDENTIAL PROPERTIES, IN ORDER TO STIMULATE THE LOCAL PLANNING, ECONOMIC DEVELOPMENT, AND NEIGHBORHOOD REVITALIZATION AND TO IMPROVE THE QUALITY OF LIFE IN LOCAL COMMUNITIES THROUGHOUT THE COUNTY. 11 11 0 11 0 0 812828 446788 0 0 1158 6081 219278 -646661 1033264 -193792 0 0 0 0 0 0 0 0 0 177401 190552 177401 190552 855863 -384344 3426387 3166425 57211 181593 3369176 2984832 STRATEGICALLY TRANSFORM BLIGHTED OR VACANT PROPERTIES INTO APPEALING RESIDENTIAL PROPERTIES, IN ORDER TO STIMULATE THE LOCAL PLANNING, ECONOMIC DEVELOPMENT, NEIGHBORHOOD REVITALIZATION, AND TO IMPROVE THE QUALITY OF LIFE IN LOCAL COMMUNITIES THROUGHOUT THE COUNTY. 0 0 35904 -646661 OSWEGO COUNTY LAND BANK TRANSFORMS BLIGHTED OR VACANT PROPERTIES THAT ARE DETERIORATING SURROUNDING TAXPAYERS' PROPERTY VALUES AND INVITING NEGATIVE IMPACTS INTO A COMMUNITY. THROUGH REHABILITATION OR, OCCASSIONALLY, DEMOLITION, OSWEGO COUNTY LAND BANK RETURNS THE NEGLECTED PROPERTIES TO THE MOST PRODUCTIVE AND ECONOMICAL USE FOR THE RESPECTIVE COMMUNITIES AND GET THEM BACK ON THE TAX ROLLS.IN 2023, 4 COMPLETE REHABILITATIONS AND 3 HOUSES WERE SOLD DURING THE YEAR. 35904 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 0 0 0 0 1 21 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NY X KIMBERLY PARK 3153493202 44 E BRIDGE STREET SUITE 303 OSWEGO NY 13126 SHANE BROADWELL PRESIDENT 2.00 X X 0 0 0 JAMES DOWD TREASURER 1.00 X X 0 0 0 DANIEL BREITWEG SECRETARY 1.00 X X 0 0 0 PAUL STEWART DIRECTOR 1.00 X 0 0 0 JAKE MULCAHEY DIRECTOR 1.00 X 0 0 0 RICHARD KAULFUSS DIRECTOR 1.00 X 0 0 0 MARTY WEBSTER DIRECTOR 1.00 X 0 0 0 LAURIE MANGANO DIRECTOR 1.00 X 0 0 0 LINDA EAGAN DIRECTOR 1.00 X 0 0 0 JOE ANNORINO DIRECTOR 1.00 X 0 0 0 MARK TESORIERO DIRECTOR 1.00 X 0 0 0 KIMBERLY PARK EXECUTIVE DIRECTOR 40.00 X 93022 0 0 93022 0 0 0 0 0 0 TRADITIONAL CONTRACTING 9049 E MUD LAKE RD BALDWINSVILLE NY 13027 CONSTRUCTION 220414 WYANT CONTRACTING 1831 ENO ROAD MARTVILLE NY 13111 CONSTRUCTION 130108 2 435613 11175 446788 6081 6081 427500 1074161 -646661 -646661 -193792 -646661 0 6081 44604 35904 8700 5745 5745 3900 3900 1314 1314 330 330 PROFESSIONAL SERVICES 131405 131405 LICENSES AND FEES 1775 1775 UTILITIES 780 780 TELEPHONE 699 699 190552 35904 154648 0 19290 30906 1914993 1974023 374528 236287 1117354 924159 9755 8705 222 1050 3426387 3166425 57211 181593 57211 181593 X 3369176 2984832 3369176 2984832 3426387 3166425 X -384344 39043 -39043 X 0 1 X 1 0 X 615512 944845 643163 812828 446778 3463126 615512 944845 643163 812828 446778 3463126 3463126 572 754 646 1158 6081 9211 3472337 4852531 0.99730 0.99910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9755 8705 1050 1050 X 919412 39043 39043 880369 -1074161 -1074161 -193792 1303756 39043 1074161 1113204 190552 0 190552 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE CORPORATION QUALIFIES FOR THE CHARITABLE CONTRIBUTIONS DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ENTITY OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE CORPORATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE CORPORATION DOES NOT BELIEVE THAT IT HAS ANY UNCERTAIN TAX POSITIONS WITH RESPECT TO THESE OR OTHER MATTERS AND HAS NOT RECORDED ANY UNRECOGNIZED TAX BENEFITS OR LIABILITY FOR PENALTIES OR INTEREST. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF PROPERTIES SOLD -1,074,161. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF PROPERTIES SOLD 1,074,161. FORM 990, PART I, ITEM C DBA: OSWEGO LAND BANK FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S GOVERNING BODY REVIEWS THE RETURN AND RESOLVES ANY QUESTIONS REGARDING THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE SECRETARY OF THE CORPORATION DISTRIBUTES ANNUALLY TO ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES A FORM SOLICITING THE DISCLOSURE OF ALL CONFLICTS OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE CORPORATION AND WHETHER THE PROCESS FOR APPROVAL SET FORTH IN THE POLICY WAS USED. SUCH DISCLOSURE FORM MAY REQUIRE DISCLOSURE OF OTHER RELATIONSHIPS THAT MAY NOT CONSTITUTE AN ACTUAL CONFLICT OF INTEREST, BUT WHICH ARE REQUIRED TO BE DISCLOSED IN ORDER FOR THE CORPORATION TO COMPLY WITH ITS ANNUAL REPORTING REQUIREMENTS. FOLLOWING RECEIPT OF INFORMATION THE BOARD WILL CONSIDER THE MATERIAL FACTS CONCERNING THE PROPOSED CONTRACT OR TRANSACTION. THE BOARD WILL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE CORPORATION AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE CORPORATION. THE BOARD WILL SET FORTH THE BASIS FOR ITS DECISION WITH RESPECT TO APPROVAL OF CONTRACTS OR TRANSACTIONS INVOLVING CONFLICTS OF INTEREST IN THE MINUTES OF THE MEETING AT WHICH THE DECISION IS MADE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: IN-KIND DONATION -39,043.