OSWEGO COUNTY LAND BANK CORPORATION (EIN 812549668) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

SHANE BROADWELL

Phone

3153493202

Tax Period

2024-01-01 to 2024-12-31

OSWEGO COUNTY LAND BANK CORPORATION, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $965K, a strong 82% operating margin.

Mission

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.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,370,378

Program Service Revenue $0

Investment Income $9,186

Other Revenue $-1,199,887

TOTAL REVENUE $1,179,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,799

Other Expenses $214,500

TOTAL EXPENSES $214,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,179,677	$-193,792	-7.1%
Expenses	$214,500	$190,552	+0.1%
Net Income	$965,177	$-384,344	-3.5%

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

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

$91,889

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANE BROADWELL	PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES DOWD	TREASURER	1.00	Officer Director	$0	$0	$0
DANIEL BREITWEG	SECRETARY	1.00	Officer Director	$0	$0	$0
PAUL STEWART	DIRECTOR	1.00	Director	$0	$0	$0
FRANK CASTIGLIA	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE NAZARIAN	DIRECTOR	1.00	Director	$0	$0	$0
MARTY WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD GILSON	DIRECTOR	1.00	Director	$0	$0	$0
LINDA EAGAN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA CLEARY	DIRECTOR	1.00	Director	$0	$0	$0
MARK TESORIERO	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY PARK	EXECUTIVE DIRECTOR	40.00	Officer	$91,889	$0	$91,889

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
2024	$1,179,677	$214,500	$4,017,147	$965,177
2023	$-193,792	$190,552	$3,166,425	$-384,344
2022	$1,033,264	$177,401	$3,426,387	$855,863
2021	$763,403	$173,051	$2,611,446	$590,352
2020	$970,904	$260,811	$2,085,648	$710,093
2019	$1,446,148	$1,303,565	$1,341,891	$142,583
2018	$1,174,308	$776,812	$1,038,167	$397,496

OSWEGO COUNTY LAND BANK CORPORATION