LAND REUTILIZATION CORPORATION OF … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

KRISTEN PIRRO EVANS

Phone

5183771109

Tax Period

2025-01-01 to 2025-12-31

LAND REUTILIZATION CORPORATION OF THE CAPITAL REGION, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $2.2M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO STRENGTHEN NEIGHBORHOODS BY MITIGATING BLIGHT THROUGH THE IMPROVEMENT OF EXISTING STRUCTURES AND BY RETURNING VACANT AND ABANDONED PROPERTY TO PRODUCTIVE USE.

Program Service Accomplishments

Program 1

Expenses: $2,224,971 Revenue: $165,586

IDENTIFY AND REMOVE ENVIRONMENTAL FACTORS THAT ARE CONSIDERED BLIGHTING INFLUENCES ON A NEIGHBORHOOD SUCH AS CONDEMNED, BURNED, AND OTHERWISE UNSALVAGABLE BUILDINGS, ABANDONED CARS, TRASH, AND...

IDENTIFY AND REMOVE ENVIRONMENTAL FACTORS THAT ARE CONSIDERED BLIGHTING INFLUENCES ON A NEIGHBORHOOD SUCH AS CONDEMNED, BURNED, AND OTHERWISE UNSALVAGABLE BUILDINGS, ABANDONED CARS, TRASH, AND DEBRIS. WORK WITH CROSS-REGIONAL AND LOCAL MUNICIPAL GOVERNMENTS TO ASSURE ENFORCEMENT OF PROPERTY MAINTENANCE STANDARDS AND THE DEVELOPMENT OF AFFORDABLE HOUSING AND COMMERCIAL ACTIVITY WHICH WILL FOSTER ENHANCED ECONOMIC DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,018,904

Program Service Revenue $165,586

Investment Income $55,484

Other Revenue $3

TOTAL REVENUE $2,239,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,224,971

Other Expenses $2,393,465

TOTAL EXPENSES $2,393,465

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,239,977	$1,977,573	+0.1%
Expenses	$2,393,465	$2,098,156	+0.1%
Net Income	$-153,488	$-120,583	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD RUZZO	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT DICAPRIO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOSEPH BERLANT	TREASURER	1.00	Officer Director	$0	$0	$0
RICHARD PATIERNE	SECRETARY	1.00	Officer Director	$0	$0	$0
BOB MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
ALEXANDRIA CARVER	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN ROONEY	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,239,977	$2,393,465	$1,845,759	$-153,488
2024	$1,977,573	$2,098,156	$2,130,306	$-120,583
2023	$1,431,102	$1,280,817	$2,170,733	$150,285
2022	$1,191,407	$360,715	$1,968,572	$830,692
2021	$862,144	$984,646	$1,261,256	$-122,502
2020	$1,319,680	$993,484	$1,501,498	$326,196
2019	$2,513,084	$2,029,668	$1,061,921	$483,416
2018	$1,388,956	$1,389,841	$778,094	$-885

LAND REUTILIZATION CORPORATION OF THE CAPITAL REGION