- Revenue 2024
- $540,097
- Expenses 2024
- $386,990
Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- P80
- Classification
- 1000
- Street
- 1660 WALT WHITMAN RD STE 130
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
CDCLI FUNDING CORPORATION IS A NOT-FOR-PROFIT CORPORATION THAT IS CERTIFIED BY THE U.S. DEPARTMENT OF TREASURY AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION.THE ENTITY OFFERS VARIOUS LOAN PRODUCTS TO UNDER-RESOURCED AND UNDER-FINANCED INDIVIDUALS, COMMUNITIES AND DEVELOPMENTS.
Activities or mission (Part I)
CDCLI FUNDING CORP. OFFERS RESIDENTIAL LOAN PRODUCTS WHICH ASSIST FIRST-TIME BUYERS IN PURCHASING A HOME AND EXISTING HOMEOWNERS WITH NEEDED REPAIRS & IMPROVEMENTS.
-
PROGRAM SERVICE EXPENSES INCURRED IN CONNECTION WITH OVERSEEING ALL OPERATIONAL ASPECTS OF THE CDFI. OUTREACH, EDUCATION, LOAN PROCESS, UNDERWRITING, CLOSING AND LOAN MANAGEMENT.
Expenses $350,811 · Revenue $242,620
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
ANNE-MARIE SCHEIDT
BOARD MEMBER/CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
BRIAN CLARKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
GWEN O'SHEA
PRESIDENT/CEO
- Total calculated
- $443,514
- From this org
- $0
- From related orgs
- $400,444
- Other
- $43,070
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $333,518 related
- Bonus
- $0 + $64,322 related
- Other
- $0 + $2,604 related
- Deferred
- $0 + $28,522 related
- Nontaxable benefits
- $0 + $14,548 related
- Filer's total
- $0 + $443,514 related
-
JAMES COUGHLAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
RICHARD ROBERTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
THERESA SANDERS
BOARD MEMBER/VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
ALAN HEITNER
CFO/ TREASURER (UNTIL AUGUST 2024)
- Total calculated
- $178,255
- From this org
- $0
- From related orgs
- $168,154
- Other
- $10,101
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $118,621 related
- Bonus
- $0 + $7,500 related
- Other
- $0 + $42,033 related
- Deferred
- $0 + $10,101 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $178,255 related
-
ALLISON NORRIS
SECRETARY
- Total calculated
- $95,709
- From this org
- $0
- From related orgs
- $83,281
- Other
- $12,428
- Hours/week
- 2 + 38 related
-
MARIAN CONWAY
TREASURER (AS OF SEPTEMBER 2024)
- Total calculated
- $0
- Hours/week
- 2 + 38 related
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, and on a Form 990-PF Part VIII's — 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $540,097
- Expenses
- $386,990
- Contributions
- $297,477
- Grants paid
- $0
-
2023
- Revenue
- $383,331
- Expenses
- $338,588
- Contributions
- $185,000
- Grants paid
- $0
-
2022
- Revenue
- $1,526,404
- Expenses
- $216,770
- Contributions
- $1,313,000
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $303,422
- Expenses
- $180,752
- Assets (EOY)
- $10,027,474
-
2020 · 990
- Revenue
- $927,910
- Expenses
- $285,984
- Assets (EOY)
- $8,591,609
-
2019 · 990
- Revenue
- $121,008
- Expenses
- $224,112
- Assets (EOY)
- $6,707,888
-
2018 · 990
- Revenue
- $358,516
- Expenses
- $284,885
- Assets (EOY)
- $6,890,725
-
2016 · 990
- Revenue
- $562,009
- Expenses
- $184,145
- Assets (EOY)
- $6,593,238
-
2011 · 990
- Revenue
- not reported
- Expenses
- $354,168
- Assets (EOY)
- $6,424,540
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2022 RESIDENTIAL LOAN PRODUCTS FINANCING
-
2024 RESIDENTIAL LOAN PRODUCTS FINANCING
-
2023 RESIDENTIAL LOAN PRODUCTS FINANCING
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
COMMUNITY DEV CORP OF LONG ISLAND INC
501(C)(3) · SERVICE PROVIDER · NY
-
CDCLI HOUSING DEVELOPMENT FUND CORP
501(C)(3) · HOUSING · NY
Declared as related by
-
COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC
On its 2024 return as a controlled entity
-
CDCLI HOUSING DEVELOPMENT FUND CORPORATION
On its 2024 return
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related partnerships on its 2024 return
-
REAL ESTATE · NY
Related corporations and trusts on its 2024 return
-
CARMAN PLACE HOUSING DEVELOPMENT FUND COMPANY INC
C · REAL ESTATE · NY
-
CATHEDRAL PLACE HOUSING DEVELOPMENT FUND
C · HOUSING · NY
-
C · REAL ESTATE · NY
-
C · REAL ESTATE · NY
-
C · REAL ESTATE · NY
-
C · REAL ESTATE · NY
-
CDC PORT JEFFERSON CROSSING INC
C · REAL ESTATE · NY
-
C · REAL ESTATE · NY
-
C · REAL ESTATE · NY
-
C · REAL ESTATE · NY
-
TWIN OAKS HOUSING DEVELOPMENT FUND CO
C · HOUSING · NY
-
VINEYARD VIEW HOUSING DEVELOPMENT FUND
C · REAL ESTATE · NY
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.