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Filing year 2023

WATERBURY LAND BANK AUTHORITY INC

Waterbury, Connecticut·EIN 87-4720705·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$707k
Total assets
$468k
Total expenses
$362k
Reported officers
8
Mission

THE WATERBURY LAND BANK AUTHORITY ("WLB") WORKS TO ENHANCE THE QUALITY OF LIFE FOR WATERBURY RESIDENTS. WE DO THIS BY REPURPOSING VACANT LOTS AND STRUCTURES INTO NEW COMMUNITY ASSETS. WE WORK CLOSELY WITH THE CITY OF WATERBURY, OTHER COMMUNITY NONPROFITS, AND LOCAL BUSINESSES TO CATALYZE NEIGHBORHOOD INVESTMENTS. OUR PRIORITIES INCLUDE INFILL HOUSING, HOUSING REHABILITATION, COMMUNITY GREENING PROJECTS, AND EXPANDING WATERBURY'S TREE CANOPY. OUR WORK PROMOTES A MIX OF HOUSING OPTIONS, REDUCES BLIGHT, AND CLEARS DILAPIDATED STRUCTURES TO ALLOW NEW DEVELOPMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Connecticut.

Executive Director
Median to 75th percentile
$133k
$149k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WATERBURY LAND BANK AUTHORITY INC equaled 37% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
37%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WATERBURY LAND BANK AUTHORITY INC

What does the Chief Executive Officer of WATERBURY LAND BANK AUTHORITY INC earn?

In 2023, the Chief Executive Officer of WATERBURY LAND BANK AUTHORITY INC received $133,213 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Connecticut, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WATERBURY LAND BANK AUTHORITY INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Connecticut, the 2023 pay of the Chief Executive Officer at WATERBURY LAND BANK AUTHORITY INC falls between the median and the 75th percentile. In 2023, the highest total compensation at WATERBURY LAND BANK AUTHORITY INC equaled 37% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are WATERBURY LAND BANK AUTHORITY INC's revenue and expenses?

In 2023, WATERBURY LAND BANK AUTHORITY INC reported $707k in total revenue and $362k in total expenses on its IRS Form 990.

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