MACON-BIBB COUNTY LAND BANK AUTHORITY PROPERTIES INC

EIN: 582270914 501(c)(3) Public & Societal Benefit

MACON, GA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$5,000
Net Assets
$5,000
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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
1996
Legal Domicile
GA
Principal Officer
Everett Verner
Phone
4787419005
Tax Period
2024-07-01 to 2025-06-30

Mission

: TO ACQUIRE TAX DELINQUENT AND NON REVENUE GENERATING PROPERTY AND PROVIDE NEW HOUSING, NEW JOBS AND NEW INDUSTRIES FOR THE CITIZENS OF BIBB COUNTY AND THE CITY OF MACON.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $9 -1.0%
Expenses N/A N/A N/A
Net Income N/A $9 N/A
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

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Governance

Voting Members
5
Independent Members
5
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
3
$121,872
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYLVIA MCGEE SECRETARY 2.00
Officer Director
$0 $0 $0
BERT BIVINS III BOARD MEMBER 2.00
Director
$0 $0 $0
SUNDRA WOODFORD VICE-CHAIR 2.00
Officer Director
$0 $0 $0
VERONICA MCCLENDON BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS ELLINGTON CHAIRMAN 2.00
Director
$0 $0 $0
EVERETT VERNER EXECUTIVE DIRECTOR 40.00
Officer
$0 $15,984 $121,872
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 No data No data $5,000 No data
2024 $9 No data $104,681 No data
2023 $85 No data $104,672 No data
2022 $10 $137,025 $104,662 $-137,015
2021 $10 $105,025 $241,677 $-105,015
2020 $19 $43,025 $346,692 $-43,006
2019 $20 $13,000 $389,698 $-12,980
2018 $20 $19,653 $402,678 $-19,633
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