Form 990 for tax year 2022
Filed by COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC.
Totals
- Total revenue
- $21,886,256
- Total expenses
- $22,249,629
- Contributions and grants received
- $1,100,537
- Grants paid
- $10,793,281
- Program services expenses (Part IX)
- $19,706,449
- Management and general expenses
- $2,543,180
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $19,706,449
Program services were 88.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ADRIAN FASSET
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
ANN-MARIE SCHEIDT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
BRIAN CLARKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
DAVID CALONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
JAMES COUGHLAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
JAN BURMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
JOSEPH WILLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
KEITH NOVITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
KENNETHA PETTUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
MARIAN CONWAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
RASHID WALKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
RICHARD GUARDINO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
THERESA SANDERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
THOMAS KILLEEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
ALAN HEITNER
CFO/TREASURER
- Total calculated
- $222,543
- From this org
- $206,079
- From related orgs
- $0
- Other
- $16,464
- Hours/week
- 36 + 4 related
Schedule J breakdown matched by us
- Base
- $195,385
- Bonus
- $10,173
- Other
- $521
- Deferred
- $16,464
- Nontaxable benefits
- $0
- Filer's total
- $222,543
-
ELSIE MEISSNER
EXECTUTIVE SECRETARY
- Total calculated
- $104,961
- From this org
- $96,176
- From related orgs
- $0
- Other
- $8,785
- Hours/week
- 36 + 4 related
-
GWEN O'SHEA
PRESIDENT/CEO
- Total calculated
- $382,059
- From this org
- $327,730
- From related orgs
- $0
- Other
- $54,329
- Hours/week
- 36 + 4 related
Schedule J breakdown matched by us
- Base
- $273,510
- Bonus
- $52,209
- Other
- $2,011
- Deferred
- $26,219
- Nontaxable benefits
- $28,110
- Filer's total
- $382,059
-
NATALIE WRIGHT
CSO
- Total calculated
- $84,478
- From this org
- $80,030
- From related orgs
- $0
- Other
- $4,448
- Hours/week
- 40
-
MILDRED RIVERA
VICE PRESIDENT RENTAL ASSI
- Total calculated
- $180,287
- From this org
- $152,101
- From related orgs
- $0
- Other
- $28,186
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,706
- Bonus
- $7,874
- Other
- $521
- Deferred
- $6,371
- Nontaxable benefits
- $21,815
- Filer's total
- $180,287
-
JEANMARIE BUFFET
SVP OF HOUSING DEVELOPMENT AND PLANNING
- Total calculated
- $149,867
- From this org
- $138,773
- From related orgs
- $0
- Other
- $11,094
- Hours/week
- 40
-
JONATHAN RECINOS
VICE PRESIDENT/CONTROLLER
- Total calculated
- $144,824
- From this org
- $123,384
- From related orgs
- $0
- Other
- $21,440
- Hours/week
- 40
-
LUCINDA DAS-MOHAN
VICE PRESIDENT HUMAN RESOU
- Total calculated
- $114,983
- From this org
- $110,563
- From related orgs
- $0
- Other
- $4,420
- Hours/week
- 40
-
TADEO ASOJANO
SVP OF PROGRAM, STRATEGY AND IMPACT
- Total calculated
- $136,925
- From this org
- $121,210
- From related orgs
- $0
- Other
- $15,715
- Hours/week
- 40
-
TRICIA GLEATON
VICE PRESIDENT HOME OWNERSHIP CENTER
- Total calculated
- $119,760
- From this org
- $103,268
- From related orgs
- $0
- Other
- $16,492
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE BONUS FOR THE CEO IS AWARDED BASED ON THE DISCRETION OF THE COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE OF THE BOARD OF DIRECTORS. UPON THE RECOMMENDATION OF MANAGEMENT, THE COMPENSATION AND MANAGEMENT DEVELOPMENT COMMITTEE ANNUALLY SETS AN AGGREGATE AMOUNT OF MONEY AVAILABLE FOR ALL OTHER BONUSES. THESE BONUSES ARE AWARDED TO ELIGIBLE EMPLOYEES BASED ON A FORMALIZED EVALUATION PROCESS AND THE DISCRETION OF MANAGERS AND THE CEO.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$275,000
RESIDENTIAL LOAN PRODUCTS FINANCING
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · FINC'L INST!. · NY · controlled entity
Directly controlled by CDCLI
-
CDCLI HOUSING DEVELOPMENT FUND CORP HOUSING NY
501(C)(3) · HOUSING · NY · controlled entity
Directly controlled by CDCLI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349318360
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