Nonprofit · EIN 87-4720705
WATERBURY LAND BANK AUTHORITY INC
Tax-exempt · WATERBURY, CT 06720
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $887,220 | $621,017 | $266,203 | $756,561 | $48,072 | $708,489 |
| June 30, 2024 | 990 | $707,062 | $361,600 | $345,462 | $468,257 | $25,971 | $442,286 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $797,351
- of which government grants
- $673,127
- Program service revenue
- $0
- Investment income
- $1,469
- Net income from sales of inventory
- $88,400
- Other revenue
- $88,400
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $145,404
- Other salaries and wages
- $77,846
- Salaries, compensation and benefits (total)
- $274,783
- Professional fundraising fees
- $0
- Legal fees
- $14,730
- Accounting fees
- $18,882
- Occupancy
- $12,866
- Travel
- $1,725
- Depreciation
- $10,000
- Program services (functional)
- $435,081
- Management and general (functional)
- $185,351
- Fundraising (functional)
- $585
Balance sheet and other
- Total assets, start of year
- $468,257
- Total assets, end of year
- $756,561
- Total liabilities, end of year
- $48,072
- Net assets, end of year
- $708,489
- Land, buildings and equipment
- $15,750
- Gross receipts
- $887,220
- Employees
- 2
- Volunteers
- 7
- Year formed
- 2022
- State of legal domicile
- CT
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 | Other / benefits |
|---|---|---|---|---|
| NANCY MACMILLAN | EXECUTIVE DIRECTOR Officer | 40 | $145,404 | $25,096 |
| DANIEL LAUER | MEMBER Trustee or director | 2 | $0 | $0 |
| JOEL BECKER | MEMBER Trustee or director | 2 | $0 | $0 |
| LANA OGRODNIK | MEMBER Trustee or director | 0 | $0 | $0 |
| FRED LUEDKE | CHAIR Officer | 2 | $0 | $0 |
| ROBERT POLITO | TREASURER Officer | 2 | $0 | $0 |
| JAMES GATLING | VICE-CHAIR Officer | 2 | $0 | $0 |
| GAWDYS GRULLON | SECRETARY Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NANCY MACMILLAN | EXECUTIVE DIRECTOR Officer | 40 | $133,213 |
| FRED LUEDKE | CHAIR Trustee or director | 2 | $0 |
| ROBERT POLITO | TREASURER Trustee or director | 2 | $0 |
| DANIEL LAUER | MEMBER Trustee or director | 2 | $0 |
| JAMES GATLING | VICE-CHAIR Trustee or director | 2 | $0 |
| MAGARET SMITH | SECRETARY Trustee or director | 2 | $0 |
| GAWDYS GRULLON | MEMBER Trustee or director | 2 | $0 |
| JOEL BECKER | MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 825, WATERBURY, CT 06720-0825
- Principal officer (990 for 2024)
- NANCY MACMILLAN, 207 BANK STREET 3RD FLOOR, WATERBURY, CT 06702
- Signed the 990
- NANCY MACMILLAN, EXECUTIVE DIRECTOR
- Phone
- (203) 721-6958
- Website
- WATERBURYLANDBANK.ORG
- Return prepared by
- ZACKIN ZIMYESKI SULLIVAN CPA LLC
Mission
THE WATERBURY LAND BANK AUTHORITY ("WLB") WORKS TO ENHANCE THE QUALITY OF LIFE FOR WATERBURY RESIDENTS. WE DO THIS BY REPURPOSING VACANT LOTS AND STRUCTURES INTO NEW COMMUNITY ASSETS. WE WORK CLOSELY WITH THE CITY OF WATERBURY, OTHER COMMUNITY NONPROFITS, AND LOCAL BUSINESSES TO CATALYZE NEIGHBORHOOD INVESTMENTS. OUR PRIORITIES INCLUDE INFILL HOUSING, HOUSING REHABILITATION, COMMUNITY GREENING PROJECTS, AND EXPANDING WATERBURY'S TREE CANOPY. OUR WORK PROMOTES A MIX OF HOUSING OPTIONS, REDUCES BLIGHT, AND CLEARS DILAPIDATED STRUCTURES TO ALLOW NEW DEVELOPMENT.
Program accomplishments
- THE MISSION FOR THE WATERBURY LAND BANK IS TO STRENGTHEN NEIGHBORHOODS BY RETURNING DISTRESSED PROPERTY TO PRODUCTIVE USE, PROMOTING ECONOMIC DEVELOPMENT, INCREASING REAL PROPERTY VALUES, AND IMPROVING THE QUALITY OF LIFE FOR WATERBURY RESIDENTS.Expenses $435,081
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 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
- 87-4720705
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $756,561
- Income (IRS master file)
- $887,220
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $887,220 | $621,017 | $756,561 | IRS |
| 990 | June 2024 | $707,062 | $361,600 | $468,257 | XML |
| 990 | June 2023 | $374,605 | $277,780 | $140,898 | 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 87-4720705).
Questions about WATERBURY LAND BANK AUTHORITY INC
- What is the EIN of WATERBURY LAND BANK AUTHORITY INC?
- The employer identification number (EIN) of WATERBURY LAND BANK AUTHORITY INC is 87-4720705.
- Is WATERBURY LAND BANK AUTHORITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to WATERBURY LAND BANK AUTHORITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WATERBURY LAND BANK AUTHORITY INC 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 WATERBURY LAND BANK AUTHORITY INC 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 WATERBURY LAND BANK AUTHORITY INC 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 WATERBURY LAND BANK AUTHORITY INC?
- The 990 for the year ended June 30, 2025 names NANCY MACMILLAN.
- Who are the officers and directors of WATERBURY LAND BANK AUTHORITY INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $145,404 (NANCY MACMILLAN, EXECUTIVE DIRECTOR).
- How much revenue does WATERBURY LAND BANK AUTHORITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $887,220, expenses of $621,017 and total assets of $756,561 at year end.
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- GRACE CONGREGATE HOUSING CORPORATION EIN 22-3507406 · last filed 990 for 2024
- MARK LANE HOUSING CORP EIN 06-1356231 · last filed 990 for 2025
- CREDO HOUSING DEVELOPMENT CORPORATION EIN 22-2813920 · last filed 990 for 2025
- BRASS CITY RESIDENCES INC EIN 46-4912687 · last filed 990-EZ for 2025
- LOTUS RE-EMERGE INC EIN 33-3636572 · last filed 990-EZ for 2026
- WATERBURY RESIDENTIAL INC EIN 81-4882379 · last filed 990-N for 2023
All nonprofits in WATERBURY · Connecticut · Housing and shelter