Nonprofit · EIN 11-3312539
CDCLI HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · MELVILLE, NY 11747
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,408,842 | $1,353,200 | $55,642 | $14,342,770 | $7,839,671 | $6,503,099 |
| December 31, 2023 | 990 | $1,370,365 | $1,303,786 | $66,579 | $14,275,328 | $7,827,871 | $6,447,457 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,373,178
- Investment income
- $26,282
- Other revenue
- $9,382
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $5,873
- Occupancy
- $9,469
- Depreciation
- $505,730
- Program services (functional)
- $1,321,950
- Management and general (functional)
- $31,250
Balance sheet and other
- Total assets, start of year
- $14,275,328
- Total assets, end of year
- $14,342,770
- Total liabilities, end of year
- $7,839,671
- Net assets, end of year
- $6,503,099
- Land, buildings and equipment
- $8,867,297
- Net assets without donor restrictions
- $6,503,099
- Gross receipts
- $1,408,842
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1995
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GWEN O'SHEA | PRESIDENT /CEO Officer | 2 | $0 | $400,444 | $43,070 |
| ALAN HEITNER | CFO/ TREASURER (UNTIL AUGUST 2024) Officer | 2 | $0 | $168,154 | $10,101 |
| ALLISON NORRIS | SECRETARY Officer | 2 | $0 | $83,281 | $12,428 |
| ADRIAN FASSET | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN-MARIE SCHEIDT | BOARD MEMBER/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN CLARKE | BOARD MEMBER/CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAVID CALONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES COUGHLAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAN BURMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH WILLEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KEITH NOVITZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MARIAN CONWAY | BOARD MEMBER/TREASURER (BEG SEP 2024) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RASHID WALKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD GUARDINO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THERESA SANDERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS KILLEEN | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 |
| EVLYN TSIMIS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GWEN O'SHEA | PRESIDENT /CEO Officer | 2 | $0 | $370,075 | $48,357 |
| ALAN HEITNER | CFO/TREASURER Officer | 2 | $0 | $209,634 | $16,607 |
| ALLISON NORRIS | EXECUTIVE SECRETARY Officer | 2 | $0 | $36,661 | $3,454 |
| ADRIAN FASSET | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANN-MARIE SCHEIDT | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRIAN CLARKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID CALONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAMES COUGHLAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JAN BURMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOSEPH WILLEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KEITH NOVITZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MARIAN CONWAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RASHID WALKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD GUARDINO | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THERESA SANDERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS KILLEEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD ROBERTS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1660 WALT WHITMAN RD STE 130, MELVILLE, NY 11747-3082
- In care of
- % GWEN O SHEA
- Principal officer (990 for 2024)
- GWEN O'SHEA, 1660 WALT WHITMAN ROAD 130, MELVILLE, NY 11747
- Signed the 990
- GWEN O'SHEA, PRESIDENT/CEO
- Phone
- (631) 471-1215
- Website
- WWW.CDCLI.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
CDCLI HOUSING DEVELOPMENT FUND CORPORATION WAS ORGANIZED FOR THE PURPOSE OF BEING THE DEVELOPMENT AFFILIATE OF COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND, INC. THE ORGANIZATION OWNS 46 HOUSES WHICH ARE RENTED TO VERY LOW TO MODERATE INCOME FAMILIES AND IS INVOLVED IN THE DEVELOPMENT OF AFFORDABLE RESIDENTIAL HOUSING.
Program accomplishments
- THE ORGANIZATION OWNS 45 HOUSES WHICH ARE CURRENTLY RENTED TO VERY LOW TO MODERATE INCOME FAMILIES AND IS INVOLVED IN THE DEVELOPMENT OF AFFORDABLE RESIDENTIAL HOUSING.Expenses $1,321,950 · revenue $1,382,560
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3312539
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L82Z)
- Assets (IRS master file)
- $14,342,770
- Income (IRS master file)
- $1,408,842
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,408,842 | $1,353,200 | $14,342,770 | XML |
| 990 | December 2023 | $1,370,365 | $1,303,786 | $14,275,328 | XML |
| 990 | December 2022 | $1,171,934 | $1,338,722 | $15,592,317 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 11-3312539).
Questions about CDCLI HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of CDCLI HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of CDCLI HOUSING DEVELOPMENT FUND CORPORATION is 11-3312539.
- Is CDCLI HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CDCLI HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CDCLI HOUSING DEVELOPMENT FUND CORPORATION 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 CDCLI HOUSING DEVELOPMENT FUND CORPORATION 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 CDCLI HOUSING DEVELOPMENT FUND CORPORATION 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 CDCLI HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names GWEN O'SHEA.
- Who are the officers and directors of CDCLI HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does CDCLI HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,408,842, expenses of $1,353,200 and total assets of $14,342,770 at year end.
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