Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Muncie Land Bank Inc, identified by EIN 82-2984093, is a nonprofit organization dedicated to economic development in Muncie, Indiana. With an operating budget of $224.5K and total revenue of $133.3K for the 2024 filing year, the organization focuses on aiding the economic revitalization of the area through securing land for housing initiatives and urban renewal. Muncie Land Bank Inc does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base for its mission. More information can be found on their website at municelandbank.org.

Mission Statement

AID IN THE ECONOMIC REVITALIZATION OF MUNCIE INDIANA THROUGH SECURING LAND FOR HOUSING INITIATIVES AND URBAN RENEWAL
Revenues
$133.3K
Expenses
$224.5K
Net Income:
-$91.3K
Assets
$209.2K
Liabilities
$554
Net Assets:
+$208.7K
Operating Budget
$224.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$55K
Largest grant received
$55K
H
Heather Williams
Board Member
J
James Lowe
Board Member
J
John West
Board Member

Frequently Asked Questions

What is MUNCIE LAND BANK INC’s budget?
In 2024, MUNCIE LAND BANK INC reported an annual operating budget of around $225 thousand. More detailed financial information is available to registered users.
What causes does MUNCIE LAND BANK INC support?
MUNCIE LAND BANK INC supports work in Economic development.
Where does MUNCIE LAND BANK INC operate?
MUNCIE LAND BANK INC is headquartered in Muncie, IN.
Who funded MUNCIE LAND BANK INC recently?
In 2024, MUNCIE LAND BANK INC received grants from BALL BROTHERS FOUNDATION, BALL BROTHERS FOUNDATION, and THE COMMUNITY FOUNDATION OF MUNCIE AND DELAWARE COUNTY INC. More information on this organization’s funders is available to registered users.
What is the largest grant MUNCIE LAND BANK INC received in 2024?
The largest grant to MUNCIE LAND BANK INC in 2024 exceeds $55 thousand.
What is MUNCIE LAND BANK INC’s reliance on government grants?
MUNCIE LAND BANK INC relied on government grants for more than 15% of their total revenue in 2024.