Rochester Land Bank Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,251,364 | 690,500 | 560,864 | 9.7 | 0% |
| 2015 | 840,905 | 899,127 | −58,222 | 6.7 | 32% |
| 2016 | 1,788,450 | 1,181,470 | 606,980 | 11.3 | 23% |
| 2017 | 740,582 | 1,442,305 | −701,723 | 3.4 | 7% |
| 2018 | 942,195 | 457,502 | 484,693 | 23.4 | 42% |
| 2019 | 1,648,427 | 1,155,876 | 492,551 | 14.4 | 15% |
| 2020 | 669,310 | 839,256 | −169,946 | 17.4 | 11% |
| 2021 | 973,439 | 1,078,049 | −104,610 | 12.0 | 7% |
| 2022 | 853,798 | 369,557 | 484,241 | 50.6 | 0% |
| 2023 | 353,180 | 770,791 | −417,611 | 17.8 | 7% |
| 2024 | 523,454 | 274,758 | 248,696 | 60.7 | 43% |
In its most recent public year (2024), this organization brought in $248,696 more than it spent. Its reserves stood at about 60.7 months of spending, up from 9.7 in 2014. Staff pay was 43% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Rochester Land Bank Corporation's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works