Lyons, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Wayne County Regional Land Bank Corporation, founded in 2018, is a small nonprofit in the Environment sector that reported $653K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Net assets of $2.8M represent 52 months of operating reserves.
To address the problems of vacant, abandoned, derelict, contaminated, or tax delinquent property in Wayne County in a coordinated manner through the acquisition and disposition of real property and returning that property to productive use in order to strengthen the economy, improve the quality of life, and improve the financial condition of the municipalities, through the use of the powers and tools granted to Land Banks by the Laws of the State of New York.
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 | $653,001 | $1,473,478 | -0.6% |
| Expenses | $654,377 | $819,426 | -0.2% |
| Net Income | $-1,376 | $654,052 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Steve Groat | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Roger Gallant | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kristen Scott | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Donalty | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Joyce Moyer | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Pincelli | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Bob Ohmann | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Richard VanLaeken | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kaleigh Flynn | Executive Director | 40.00 |
Officer
|
$85,000 | $0 | $85,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $653,001 | $654,377 | $2,841,899 | $-1,376 |
| 2023 | $1,473,478 | $819,426 | $2,859,945 | $654,052 |
| 2022 | $1,023,318 | $404,828 | $2,185,751 | $618,490 |
| 2021 | $740,188 | $641,726 | $1,602,219 | $98,462 |
| 2020 | $482,510 | $564,742 | $1,483,130 | $-82,232 |
Compare Wayne County Regional Land Bank Corporation with other nonprofits in New York and across the country.