MELVILLE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC, founded in 1969, is a mid-sized nonprofit in the Community Improvement sector that reported $25.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.
CDCLI INVESTS IN THE HOUSING AND ECONOMIC ASPIRATIONS OF INDIVIDUALS AND FAMILIES BY PROVIDING SOLUTIONS THAT FOSTER AND MAINTAIN VIBRANT, EQUITABLE, AND SUSTAINABLE COMMUNITIES.
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 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 2023, WE SERVED 410 FAMILIES UNDER THIS PROGRAM.
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 8,796 HOUSEHOLDS.
WEATHERIZATION - PROVIDES GRANTS TO LOW INCOME HOUSING FAMILIES WHOSE HOMES REQUIRE WORK TO ENSURE THAT THEY ARE ENERGY EFFICIENT. 648 HOMES AND APARTMENTS RECEIVED ENERGY CONSERVATION AND OTHER...
WEATHERIZATION - PROVIDES GRANTS TO LOW INCOME HOUSING FAMILIES WHOSE HOMES REQUIRE WORK TO ENSURE THAT THEY ARE ENERGY EFFICIENT. 648 HOMES AND APARTMENTS RECEIVED ENERGY CONSERVATION AND OTHER IMPROVEMENTS, REDUCING ANNUAL ENERGY USE BY $125,000.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $25,135,356 | $21,886,256 | +0.1% |
| Expenses | $25,221,620 | $22,249,629 | +0.1% |
| Net Income | $-86,264 | $-363,373 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ADRIAN FASSETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANN-MARIE SCHEIDT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN CLARKE | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID CALONE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES COUGHLAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAN BURMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH NOVITZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIAN CONWAY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RASHID WALKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD GUARDINO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA SANDERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS KILLEEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD ROBERTS | BOARD MEMBER AS OF 6/22/2023 | 1.00 |
Director
|
$0 | $0 | $0 |
| EVLYN TSIMIS | BOARD MEMBER AS OF 6/22/2023 | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH WILLEN | OUTGOING-BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GWEN O'SHEA | PRESIDENT/CEO | 36.00 |
Officer
|
$370,074 | $48,357 | $418,431 |
| ALAN HEITNER | CFO/TREASURER | 36.00 |
Officer
|
$209,634 | $16,607 | $226,241 |
| ALLISON NORRIS | EXECUTIVE SECRETARY | 38.00 |
Officer
|
$36,661 | $3,454 | $40,115 |
| NATALIE WRIGHT | CSO | 40.00 |
Officer
|
$207,070 | $14,188 | $221,258 |
| MILDRED RIVERA | VICE PRESIDENT RENTAL ASSI | 40.00 |
Key Emp
|
$152,477 | $25,302 | $177,779 |
| JEANMARIE BUFFETT | SVP HOUSING DEVELOPMENT AND PLANNING | 40.00 |
Highest
|
$147,649 | $8,356 | $156,005 |
| JONATHAN RECINOS | VICE PRESIDENT/CONTROLLER | 40.00 |
Highest
|
$133,606 | $18,522 | $152,128 |
| TADEO ASOJANO | SVP OF PROGRAM, STRATEGY AND IMPACT | 40.00 |
Highest
|
$127,260 | $13,899 | $141,159 |
| WILLIAM ACHNITZ | VICE PRESIDENT HOME IMPROVEMENT AND OPTIMIZATION | 40.00 |
Highest
|
$108,104 | $26,487 | $134,591 |
| TRICIA GLEATON | VICE PRESIDENT HOME OWNERSHIP CENTER | 40.00 |
Highest
|
$106,078 | $12,409 | $118,487 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $25,135,356 | $25,221,620 | $25,856,202 | $-86,264 |
| 2022 | $21,886,256 | $22,249,629 | $18,775,025 | $-363,373 |
| 2021 | $19,933,485 | $20,315,700 | $19,901,766 | $-382,215 |
| 2020 | $17,226,123 | $17,079,570 | $19,600,543 | $146,553 |
| 2019 | $18,169,476 | $17,289,860 | $19,412,644 | $879,616 |
| 2018 | $98,038,469 | $97,387,617 | $17,900,935 | $650,852 |
| 2018 | $17,010,219 | $16,359,367 | $17,900,935 | $650,852 |
Compare COMMUNITY DEVELOPMENT CORPORATION OF LONG ISLAND INC with other nonprofits in New York and across the country.