HARTFORD, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HARTFORD LAND BANK INC, founded in 2017, is a small nonprofit in the Environment sector that reported $557K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $642K exceeded revenue, resulting in a 15% operating deficit.
THE MISSION OF THE HLB IS TO IDENTIFY, ACQUIRE, AND REDEVELOP - DIRECTLY OR THROUGH PARTNERSHIP WITH GOVERNMENT, NONPROFIT, AND PRIVATE SECTOR PARTNERS, VACANT, ABANDONED, TAX-DELINQUENT AND/OR DISTRESSED PROPERTIES IN THE CITY OF HARTFORD, WHERE SUCH REDEVELOPMENT WILL: IMPROVE COMMUNITY AND ECONOMIC VITALITY OF HARTFORD NEIGHBORHOODS, ENSURE LONG-TERM SUSTAINABILITY OF IMPACTED PROPERTIES AND ENHANCE THE QUALITY OF LIFE FOR RESIDENTS AND BUSINESSES. HLB COORDINATES ITS ACTIVITIES WITH OTHER COMMUNITY, REGIONAL AND NEIGHBORHOOD PARTNERS THAT PURSUE OBJECTIVES AND GOALS COMPLEMENTARY TO THAT OF HLB. THE CITY OF HARTFORD IS A KEY PARTNER AND THE HLB ED WILL BE THE PRIMARY LIAISON TO THE CITY OF HARTFORD.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $556,507 | $507,266 | +0.1% |
| Expenses | $642,372 | $1,138,407 | -0.4% |
| Net Income | $-85,865 | $-631,141 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| MELVYN COLON | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN HARRIS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEN HOCKENHULL | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VIOLETTE HALDANE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEAN HOLLOWAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM HORAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL PEREZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCUS ORDONEZ | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$122,677 | $2,822 | $125,499 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $556,507 | $642,372 | $3,556,266 | $-85,865 |
| 2024 | $507,266 | $1,138,407 | $3,924,678 | $-631,141 |
| 2023 | $1,903,300 | $683,876 | $4,953,641 | $1,219,424 |
| 2022 | $557,796 | $532,215 | $4,490,781 | $25,581 |
| 2021 | $541,095 | $214,371 | $4,948,132 | $326,724 |
| 2020 | $117,453 | $163,810 | $416,436 | $-46,357 |
| 2019 | $206,636 | $108,963 | $478,453 | $97,673 |
Compare HARTFORD LAND BANK INC with other nonprofits in Connecticut and across the country.