Skip to main content

Nonprofit · EIN 11-2221341

COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC

Tax-exempt · MELVILLE, NY 11747

Financials

$25.1M$25.2M2023$27.2M$26.5M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$27,229,889$26,474,491$755,398$29,482,817$11,976,201$17,506,616
December 31, 2023990$25,135,356$25,221,620-$86,264$25,856,202$9,103,100$16,753,102
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,047,204
of which government grants
$1,842,275
Program service revenue
$24,856,893
Investment income
$155,006
Net gain from sales of assets
$34,105
Net income from fundraising events
-$37,024
Other revenue
$170,786

Expenses

Grants and similar amounts paid
$8,139,626
Compensation of officers, directors and key employees
$1,300,001
Other salaries and wages
$7,590,022
Salaries, compensation and benefits (total)
$11,176,075
Professional fundraising fees
$0
Legal fees
$141,812
Accounting fees
$129,871
Occupancy
$495,452
Travel
$136,452
Depreciation
$281,757
Program services (functional)
$23,337,820
Management and general (functional)
$3,136,671

Balance sheet and other

Total assets, start of year
$25,856,202
Total assets, end of year
$29,482,817
Total liabilities, end of year
$11,976,201
Net assets, end of year
$17,506,616
Land, buildings and equipment
$1,858,143
Publicly traded securities
$287,339
Net assets without donor restrictions
$16,070,922
Net assets with donor restrictions
$1,435,694
Gross receipts
$27,281,843
Employees
156
Volunteers
14
Year formed
1969
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
GWEN O'SHEAPRESIDENT/CEO
Officer
36$400,444$43,070
NATALIE WRIGHTCSO
Key employee
40$220,046$17,594
ALAN HEITNERCFO/TREASURER (UNTIL AUGUST 2024)
Officer
36$168,154$10,101
JEANMARIE BUFFETTSVP HOUSING DEVELOPMENT AND PLANNING
Key employee
40$160,214$12,808
HEATHER CARROLLSVP PEOPLE & CULTURE
Key employee
40$159,780$12,080
JONATHAN RECINOSVICE PRESIDENT/CONTROLLER
Highest-paid employee
40$131,786$29,053
WILLIAM ACHNITZVICE PRESIDENT HOME IMPROVEMENT AND OPTIMIZATION
Highest-paid employee
40$125,216$27,488
RAPHAEL JEAN-FRANCOISLOAN MANAGER
Highest-paid employee
40$117,246$19,436
RACHEL SEILERVICE PRESIDENT RESIDENT SERVICES
Highest-paid employee
40$109,142$26,854
TRICIA GLEATONVICE PRESIDENT HOME OWNERSHIP CENTER
Highest-paid employee
40$117,236$12,458
ALLISON NORRISEXECUTIVE SECRETARY
Officer
38$83,281$12,428
BRIAN CLARKEBOARD MEMBER/CHAIR
Trustee or director, Officer
1$0$0
ANN-MARIE SCHEIDTBOARD MEMBER/VICE CHAIR
Trustee or director, Officer
1$0$0
ADRIAN FASSETTBOARD MEMBER
Trustee or director
1$0$0
DAVID CALONEBOARD MEMBER
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
JAMES COUGHLANBOARD MEMBER
Trustee or director
1$0
JAN BURMANBOARD MEMBER
Trustee or director
1$0
KEITH NOVITZBOARD MEMBER
Trustee or director
1$0
MARIAN CONWAYBOARD MEMBER/TREASURER (BEG SEP 2024)
Trustee or director, Officer
1$0
RASHID WALKERBOARD MEMBER
Trustee or director
1$0
RICHARD GUARDINOBOARD MEMBER
Trustee or director
1$0
THERESA SANDERSBOARD MEMBER
Trustee or director
1$0
THOMAS KILLEENBOARD MEMBER
Trustee or director
1$0
RICHARD ROBERTSBOARD MEMBER
Trustee or director
1$0
EVLYN TSIMISBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
GWEN O'SHEAPRESIDENT/CEO
Officer
36$370,074$48,357
ALAN HEITNERCFO/TREASURER
Officer
36$209,634$16,607
NATALIE WRIGHTCSO
Officer
40$207,070$14,188
MILDRED RIVERAVICE PRESIDENT RENTAL ASSI
Key employee
40$152,477$25,302
JEANMARIE BUFFETTSVP HOUSING DEVELOPMENT AND PLANNING
Highest-paid employee
40$147,649$8,356
JONATHAN RECINOSVICE PRESIDENT/CONTROLLER
Highest-paid employee
40$133,606$18,522
TADEO ASOJANOSVP OF PROGRAM, STRATEGY AND IMPACT
Highest-paid employee
40$127,260$13,899
WILLIAM ACHNITZVICE PRESIDENT HOME IMPROVEMENT AND OPTIMIZATION
Highest-paid employee
40$108,104$26,487
TRICIA GLEATONVICE PRESIDENT HOME OWNERSHIP CENTER
Highest-paid employee
40$106,078$12,409
ALLISON NORRISEXECUTIVE SECRETARY
Officer
38$36,661$3,454
ADRIAN FASSETTBOARD MEMBER
Trustee or director
1$0$0
ANN-MARIE SCHEIDTBOARD MEMBER
Trustee or director
1$0$0
BRIAN CLARKECHAIR
Trustee or director, Officer
1$0$0
DAVID CALONEBOARD MEMBER
Trustee or director
1$0$0
JAMES COUGHLANBOARD MEMBER
Trustee or director
1$0$0
JAN BURMANBOARD MEMBER
Trustee or director
1$0$0
KEITH NOVITZBOARD MEMBER
Trustee or director
1$0$0
MARIAN CONWAYBOARD MEMBER
Trustee or director
1$0$0
RASHID WALKERBOARD MEMBER
Trustee or director
1$0$0
RICHARD GUARDINOBOARD MEMBER
Trustee or director
1$0$0
THERESA SANDERSBOARD MEMBER
Trustee or director
1$0$0
THOMAS KILLEENBOARD MEMBER
Trustee or director
1$0$0
RICHARD ROBERTSBOARD MEMBER AS OF 6/22/2023
Trustee or director
1$0$0
EVLYN TSIMISBOARD MEMBER AS OF 6/22/2023
Trustee or director
1$0$0
JOSEPH WILLENOUTGOING-BOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1660 WALT WHITMAN RD STE 130, MELVILLE, NY 11747-3082
Principal officer (990 for 2024)
GWEN OSHEA, 1660 WALT WHITMAN ROAD 130, MELVILLE, NY 11747
Signed the 990
GWEN OSHEA, PRESIDENT/CEO
Phone
(631) 471-1215
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

CDCLI INVESTS IN THE HOUSING AND ECONOMIC ASPIRATIONS OF INDIVIDUALS AND FAMILIES BY PROVIDING SOLUTIONS THAT FOSTER AND MAINTAIN VIBRANT, EQUITABLE, AND SUSTAINABLE COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE MAINSTREAM VOUCHER PROGRAM PROVIDES VOUCHERS FOR LOW-INCOME HOUSEHOLDS THAT INCLUDE A PERSON(S) WITH DISABILITIES. THE PROGRAM IS DESIGNED TO HELP TENANTS WITH DISABILITIES LIVE INDEPENDENTLY IN THE COMMUNITY. IN 2024, WE SERVED 404 FAMILIES UNDER THIS PROGRAM.
    Expenses $5,287,681 · grants $5,055,417 · revenue $5,552,218
  • SECTION 8 - PROVIDES RENTAL ASSISTANCE PAYMENTS TO LOW AND MODERATE INCOME FAMILIES AND TO TENANTS WHOSE LANDLORDS REHABILITATE THEIR APARTMENTS. RENTAL SUBSIDIES WERE PROVIDED FOR 8,925 HOUSEHOLDS.
    Expenses $5,299,234 · grants $266,607 · revenue $6,517,394
  • WEATHERIZATION - PROVIDES GRANTS TO LOW INCOME HOUSING FAMILIES WHOSE HOMES REQUIRE WORK TO ENSURE THAT THEY ARE ENERGY EFFICIENT. 377 HOMES AND APARTMENTS RECEIVED ENERGY CONSERVATION AND OTHER IMPROVEMENTS, REDUCING ANNUAL ENERGY USE BY $150,800.
    Expenses $4,492,457 · grants $2,572,602 · revenue $4,917,560
  • OTHER PROGRAM SERVICES: EXPENSES REPORTED ON LINES 4A THROUGH 4D REPRESENT ONLY PROGRAM SERVICE EXPENSES AND DO NOT INCLUDE ANY MANAGEMENT AND GENERAL EXPENSES REQUIRED TO SUCCESSFULLY OPERATE THE PROGRAM.
    Expenses $8,258,448 · grants $245,000 · revenue $8,077,532

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-2221341
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$29,482,817
Income (IRS master file)
$27,281,843

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$27,229,889$26,474,491$29,482,817XML
990December 2023$25,135,356$25,221,620$25,856,202XML
990December 2022$21,886,256$22,249,629$18,775,025IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2221341).

Questions about COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC

What is the EIN of COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC?
The employer identification number (EIN) of COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC is 11-2221341.
Is COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC?
The 990 for the year ended December 31, 2024 names GWEN OSHEA.
Who are the officers and directors of COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC?
The 990 for the year ended December 31, 2024 lists 25 people; 11 received compensation from the organization, the highest $400,444 (GWEN O'SHEA, PRESIDENT/CEO).
How much revenue does COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $27,229,889, expenses of $26,474,491 and total assets of $29,482,817 at year end.

Other nonprofits in MELVILLE

All nonprofits in MELVILLE · New York · Community improvement and capacity building