nonprofit logo

Cdcli Housing Development Fund Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113312539 ✦ Melville, NY ✦ Designated as a 501(c)(3)

Overview

What is Cdcli Housing Development Fund Corporation?

Cdcli Housing Development Fund Corporation, located in Melville, New York, is a nonprofit organization with a mission to provide affordable housing for low-income individuals. They currently manage 46 rental properties and actively engage in the development of additional affordable residential housing projects. The organization serves as the development affiliate of Community Development Corporation of Long Island, Inc., contributing to the community by offering housing solutions for families with modest incomes.


Official website here: www.cdcli.org

Is Cdcli Housing Development Fund Corporation legitimate?

Cdcli Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cdcli Housing Development Fund Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cdcli.org

What is the mission statement of Cdcli Housing Development Fund Corporation?

Cdcli Housing Development Fund Corporation was established with the primary objective of providing affordable housing options for low-income individuals. As the development affiliate of Community Development Corporation of Long Island, Inc., the organization owns and manages 46 houses, currently rented to families falling into the very low to moderate income brackets. Moreover, Cdcli Housing Development Fund Corporation is actively engaged in the development of additional affordable residential housing projects. The organization's mission is aimed at addressing the housing needs of financially vulnerable individuals, contributing to a more equitable and inclusive community.


Official website here: www.cdcli.org

Who is the CEO of Cdcli Housing Development Fund Corporation?

Gwen O'Shea is the President /Ceo of Cdcli Housing Development Fund Corporation. The CEO's salary of Cdcli Housing Development Fund Corporation is $0 and their total compensation is $382,059.


Official website here: www.cdcli.org

What is the revenue of Cdcli Housing Development Fund Corporation?

Cdcli Housing Development Fund Corporation's revenue in 2022 was $1,171,934.


Official website here: www.cdcli.org

Who are the executives of Cdcli Housing Development Fund Corporation and what are their salaries?

Here are 17 key members and their salaries (Cdcli Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $382,059):

    Gwen O'Shea (President /Ceo)
  • Compensation: $0
  • Related: $327,730
  • Other: $54,329

    • Alan Heitner (Cfo/Treasurer)
  • Compensation: $0
  • Related: $206,079
  • Other: $16,464

    • Elsie Meissner (Secretary)
  • Compensation: $0
  • Related: $96,176
  • Other: $8,785

    • Adrian Fasset (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann-Marie Scheidt (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Clarke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Calone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Coughlan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jan Burman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Willen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Novitz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kennetha Pettus (Board Member Thru 6/13/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marian Conway (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rashid Walker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Guardino (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Sanders (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Killeen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cdcli.org

    Where can I find the form 990 for Cdcli Housing Development Fund Corporation?

    The Cdcli Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cdcli.org

    Learn more at the official website: www.cdcli.org

    Mission Statement of Cdcli Housing Development Fund Corporation

    Cdcli Housing Development Fund Corporation, as the development affiliate of Community Development Corporation of Long Island, Inc., was established with a primary mission to provide affordable housing for low-income individuals. This mission is carried out in two main ways. Firstly, the organization owns and manages 46 houses that are rented to families with very low to moderate incomes. Secondly, Cdcli Housing Development Fund Corporation is actively involved in the development of affordable residential housing projects, ensuring that more individuals in need have access to suitable housing options. By focusing on affordable housing, this nonprofit organization is making a significant contribution to the well-being and stability of its community.

    Impact

    This information is meant to be a general summary of Cdcli Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Cdcli Housing Development Fund Corporation's impact is significant in providing affordable housing to low-income individuals. With 46 houses under its ownership, the organization plays a crucial role in accommodating very low to moderate-income families in Melville, NY. By being actively involved in the development of affordable residential housing, Cdcli Housing Development Fund Corporation addresses the pressing need for accessible housing options in the community. Through its dedication to this mission, the organization contributes to improving the quality of life for those in need of affordable housing solutions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $884
  • Program Service Revenue: $1,171,050
  • Gross Receipts: $1,171,934

    • Assets and Liabilities:
  • Total Assets: $15,592,317
  • Total Liabilities: $9,200,128
  • Net Assets: $6,392,189
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $1,171,050

    Organization Details

    Founding Year

    1995

    Principal Officer

    Gwen O'Shea

    Main Address

    1660 WALT WHITMAN ROAD 130, MELVILLE, NY, 11747

    NTEE Category

    Code: L82Z - Housing

    If you are a representative of Cdcli Housing Development Fund Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.