Community Development Corporation Of Long Island Inc
Community Development Corporation Of Long Island Inc maintains stable financial operations with consistent revenue and expense levels, showing significant asset growth over time.
EIN: 112221341 · Melville, NY · NTEE: S200 · Updated: 2026-03-28
Is Community Development Corporation Of Long Island Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Development Corporation Of Long Island Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Development Corporation Of Long Island Inc
Community Development Corporation Of Long Island Inc (EIN: 112221341) is a nonprofit organization based in Melville, NY, classified under NTEE code S200. The organization reported total revenue of $27.3M and total assets of $29.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Development Corporation Of Long Island Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Development Corporation Of Long Island Inc is a large nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.1M |
| Total Expenses | $25.2M |
| Surplus / Deficit | $-86,264 |
| Total Assets | $25.9M |
| Total Liabilities | $9.1M |
| Net Assets | $16.8M |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 35.2% |
| Months of Reserves | 12.3 months |
Financial Health Grade: B
In 2023, Community Development Corporation Of Long Island Inc reported a deficit of $86K with expenses exceeding revenue, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 35.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Community Development Corporation Of Long Island Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | +13.4% | +37.7% |
| 2022 | +9.8% | +9.5% | -5.7% |
| 2021 | +15.7% | +18.9% | +1.5% |
| 2020 | -5.2% | -1.2% | +1.0% |
| 2019 | -81.5% | -82.2% | +8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Development Corporation Of Long Island Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Community Development Corporation Of Long Island Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and revenue, and suggests further scrutiny of how leadership is compensated or if this field is reported differently.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Development Corporation Of Long Island Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and requires further investigation.
- Significant, unexplained fluctuations in revenue and expenses in certain years (e.g., $98M in 2018 vs. $18M in 2019), which could indicate complex financial activities not immediately clear from summary data.
Strengths
The following positive indicators were identified for Community Development Corporation Of Long Island Inc:
- Consistent growth in assets from $15.6M in 2015 to $29.4M currently, indicating financial stability and capacity.
- Expenses closely track revenue, suggesting efficient management of funds and a focus on program delivery rather than excessive accumulation of reserves.
- Long filing history (14 filings) demonstrates a commitment to transparency and compliance with IRS reporting requirements.
Frequently Asked Questions about Community Development Corporation Of Long Island Inc
Is Community Development Corporation Of Long Island Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Development Corporation Of Long Island Inc (EIN: 112221341) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Community Development Corporation Of Long Island Inc spend its money?
Community Development Corporation Of Long Island Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Development Corporation Of Long Island Inc tax-deductible?
Community Development Corporation Of Long Island Inc is registered as a tax-exempt nonprofit (EIN: 112221341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What accounts for the significant fluctuations in reported revenue and expenses in certain years (e.g., $98M in 2018 vs. $18M in 2019)?
The provided data shows substantial swings in revenue and expenses, such as $98,038,469 in 2018 and $94,434,900 in 2017, compared to typical figures around $20-25M in other years. This could indicate large one-time projects, pass-through funding, or significant asset sales/purchases that are not typical operating revenue/expenses. Further investigation into the detailed 990 forms would be necessary to understand these anomalies.
How does Community Development Corporation Of Long Island Inc compensate its leadership if officer compensation is consistently reported as 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization with annual revenues exceeding $20 million. This could mean that compensation is reported under a different category, paid through a related entity, or that the organization relies heavily on volunteer leadership or a unique compensation structure. A deeper dive into the full 990 forms, specifically Part VII, would clarify this.
What is the organization's primary source of revenue, given its NTEE code S200 (Housing & Shelter)?
Given the NTEE code S200, it's likely that a significant portion of CDCLI's revenue comes from government grants, program service fees related to housing development or services, or contributions for specific housing initiatives. The large revenue spikes in some years might also suggest significant real estate transactions or development project funding.
Filing History
IRS 990 filing history for Community Development Corporation Of Long Island Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Community Development Corporation Of Long Island Inc's revenue has declined by 64.5%, moving from $70.8M to $25.1M. Total assets increased by 70% over the same period, from $15.2M to $25.9M. Total functional expenses fell by 63.9%, from $69.8M to $25.2M. In its most recent filing year (2023), Community Development Corporation Of Long Island Inc reported a deficit of $86K, with expenses exceeding revenue. The organization holds $9.1M in liabilities against $25.9M in assets (debt-to-asset ratio: 35.2%), resulting in net assets of $16.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.1M | $25.2M | $25.9M | $9.1M | — | — |
| 2022 | $21.9M | $22.2M | $18.8M | $1.9M | — | View 990 |
| 2021 | $19.9M | $20.3M | $19.9M | $2.7M | — | View 990 |
| 2020 | $17.2M | $17.1M | $19.6M | $2.0M | — | View 990 |
| 2019 | $18.2M | $17.3M | $19.4M | $3.5M | — | View 990 |
| 2018 | $98.0M | $97.4M | $17.9M | $2.8M | — | View 990 |
| 2017 | $16.5M | $16.5M | $17.4M | $3.0M | — | View 990 |
| 2017 | $94.4M | $93.5M | $17.6M | $3.2M | — | View 990 |
| 2016 | $85.8M | $84.6M | $17.0M | $3.6M | — | View 990 |
| 2015 | $70.8M | $70.1M | $15.7M | $3.4M | — | View 990 |
| 2014 | $69.6M | $68.7M | $14.6M | $3.1M | — | View 990 |
| 2013 | $72.7M | $71.6M | $15.8M | $5.1M | — | View 990 |
| 2012 | $77.2M | $76.0M | $14.3M | $4.7M | — | View 990 |
| 2011 | $70.8M | $69.8M | $15.2M | $6.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.1M, expenses of $25.2M, and assets of $25.9M (revenue +14.8% year-over-year).
- 2022: Revenue of $21.9M, expenses of $22.2M, and assets of $18.8M (revenue +9.8% year-over-year).
- 2021: Revenue of $19.9M, expenses of $20.3M, and assets of $19.9M (revenue +15.7% year-over-year).
- 2020: Revenue of $17.2M, expenses of $17.1M, and assets of $19.6M (revenue -5.2% year-over-year).
- 2019: Revenue of $18.2M, expenses of $17.3M, and assets of $19.4M (revenue -81.5% year-over-year).
- 2018: Revenue of $98.0M, expenses of $97.4M, and assets of $17.9M (revenue +495.1% year-over-year).
- 2017: Revenue of $16.5M, expenses of $16.5M, and assets of $17.4M (revenue -82.6% year-over-year).
- 2017: Revenue of $94.4M, expenses of $93.5M, and assets of $17.6M (revenue +10.0% year-over-year).
- 2016: Revenue of $85.8M, expenses of $84.6M, and assets of $17.0M (revenue +21.3% year-over-year).
- 2015: Revenue of $70.8M, expenses of $70.1M, and assets of $15.7M (revenue +1.7% year-over-year).
- 2014: Revenue of $69.6M, expenses of $68.7M, and assets of $14.6M (revenue -4.3% year-over-year).
- 2013: Revenue of $72.7M, expenses of $71.6M, and assets of $15.8M (revenue -5.8% year-over-year).
- 2012: Revenue of $77.2M, expenses of $76.0M, and assets of $14.3M (revenue +9.0% year-over-year).
- 2011: Revenue of $70.8M, expenses of $69.8M, and assets of $15.2M.
Data Sources and Methodology
This transparency report for Community Development Corporation Of Long Island Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.