AI Transparency Report
Community Development Corporation Of Long Island Inc (CDCLI) demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the organization's overall expenses closely track its revenue, indicating efficient use of funds rather than significant accumulation or depletion of reserves. For example, in 2023, expenses were $25,221,620 against revenues of $25,135,356. The organization's assets have shown growth over the years, from $15,665,292 in 2015 to $29,482,817 currently, suggesting financial stability. However, the significant fluctuations in reported revenue and expenses in 2018, 2017, 2016, and 2015 (e.g., $98M in 2018 vs. $18M in 2019) warrant further investigation to understand the nature of these large financial activities and their impact on long-term sustainability and program delivery. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency regarding executive pay.