Long Island Partnership Community Development Corporation
- Assets
- $156.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hauppauge, NY
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 11-3415840
Organization Overview
Long Island Partnership Community Development Corporation is located in Hauppauge, NY. The organization was established in 1998. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Long Island Partnership Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Long Island Partnership Community Development Corporation generated $249.0 in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $7.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE DEVELOPMENT AND/OR REHABILITATION AND TRANSFER OF COMPLETED HOUSING UNITS TO HOMEOWNERS IN ACCORDANCE WITH THE ORGANIZATION'S TAX EXEMPT PURPOSE. IN 2021, ONE UNIT WAS UNDER CONSTRUCTION AND SUBSEQUENTLY SOLD TO AN INCOME-ELIGIBLE HOME BUYER IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter J Elkowitz Jr President / | 1 | $296,826 | |
James Britz Exec. VP / C | 1 | $204,696 | |
Jill Rosen-Nikoloff Cco/ General | 1 | $166,100 | |
Valerie Canny CFO | 1 | $155,800 | |
Steven F Philbin Vice Chairma | 0.1 | $0 | |
Elena Dundon Secretary | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $246 |
| Total Revenue | $249 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,794 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $919 |
| Total expenses | $7,713 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,118 |
| Other assets | $0 |
| Total assets | $156,209 |
| Total liabilities | $340,879 |
| Net assets or fund balances | -$184,670 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Jamaica Development Corp Jamaica, NY | $43,416,674 | $8,397,998 |
South Bronx Overall Economic Development Corporation Bronx, NY | $11,273,834 | $9,485,057 |
Dorchester Bay Economic Development Corporation Dorchester, MA | $50,118,730 | $16,286,134 |
National Basketball Association Foundation New York, NY | $26,984,536 | $31,000,000 |
Newark Downtown District Management Corporation Newark, NJ | $7,203,712 | $5,205,083 |
Rdc Commercial Center Inc Brooklyn, NY | $15,313,985 | $4,091,889 |
Pittsburgh Downtown Partnership Pittsburgh, PA | $5,197,454 | $6,457,703 |
Grow America Fund Inc Brooklyn, NY | $143,748,091 | $12,181,976 |
Upper Manhattan Empowerment Zone Development Corporation New York, NY | $90,632,786 | $3,433,188 |
Enterprise Center Philadelphia, PA | $14,775,584 | $14,297,548 |
Pidc Community Capital Philadelphia, PA | $51,592,924 | $9,506,766 |
Hester Street Collaborative Inc New York, NY | $3,142,438 | $5,168,829 |