TROY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TROY COMMUNITY LAND BANK CORPORATION, founded in 2014, is a small nonprofit in the Community Improvement sector that reported $168K in total revenue in fiscal year 2020. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $385K exceeded revenue, resulting in a 130% operating deficit.
THE TROY COMMUNITY LAND BANK ACQUIRES, REHABILITATES AND RESELLS VACANT AND ABANDONED BUILDINGS THROUGHOUT THE CITY OF TROY, NEW YORK
THE CORE PURPOSE OF THE TROY COMMUNITY LAND BANK IS TO REDEVELOP VACANT, ABANDONED, AND UNDER-UTILIZED PROPERTIES THROUGH COMMUNITY PARTNERSHIPS AND STRATEGIC PLANNING. OUR GOAL IS TO ENCOURAGE...
THE CORE PURPOSE OF THE TROY COMMUNITY LAND BANK IS TO REDEVELOP VACANT, ABANDONED, AND UNDER-UTILIZED PROPERTIES THROUGH COMMUNITY PARTNERSHIPS AND STRATEGIC PLANNING. OUR GOAL IS TO ENCOURAGE ECONOMIC GROWTH, LONG-TERM SUSTAINABILITY AND NEW OPPORTUNITIES FOR ALL OF TROY'S RESIDENTS AND BUSINESSES SO THAT WE CAN BUILD STRONGER NEIGHBORHOODS AND ENJOY A GREATER QUALITY OF LIFE.DURING 2020, 0 PARCELS OF PROPERTY WERE ACQUIRED AND 4 PROPERTIES WERE SOLD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $167,779 | $242,186 | -0.3% |
| Expenses | $385,409 | $384,009 | +0.0% |
| Net Income | $-217,630 | $-141,823 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANTHONY TOZZI | EXECUTIVE DIRECTOR | 50.00 |
Officer
Director
|
$77,885 | $0 | $77,885 |
| HEATHER KING | BOARD CHAIR | 4.10 |
Officer
Director
|
$0 | $0 | $0 |
| SUZANNE SPELLEN | BOARD VICE CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN BARKER | BOARD SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHARON NICHOLS | FORMER TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEANNETTE NICHOLSON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ANDREW COOPER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN CUBIT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KRYSTINA MARABLE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA REILLY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN CARMELLO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $167,779 | $385,409 | $1,119,768 | $-217,630 |
| 2019 | $242,186 | $384,009 | $1,223,269 | $-141,823 |
| 2018 | $291,892 | $441,993 | $875,726 | $-150,101 |
Compare TROY COMMUNITY LAND BANK CORPORATION with other nonprofits in New York and across the country.