LONG ISLAND CENTER FOR INDEPENDENT LIVING INC

EIN: 112621496 501(c)(3)

LEVITTOWN, NY

Total Revenue
$13,802,966
Total Expenses
$13,445,565
Total Assets
$3,915,395
Net Assets
$1,864,841
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
NY
Principal Officer
LYNETTE PEREZ
Phone
5167960144
Tax Period
2024-01-01 to 2024-12-31

LONG ISLAND CENTER FOR INDEPENDENT LIVING INC, founded in 1982, is a mid-sized nonprofit that reported $13.8M in total revenue in fiscal year 2024.

Mission

TO PROMOTE EMPOWERMENT THROUGH EDUCATION, INFORMATION AND RALLYING BEHIND ISSUES THAT DIRECTLY IMPACT THE DAILY LIVES OF PERSONS WITH DISABILITIES. LICIL EFFECTIVELY SERVES PEOPLE OF ALL AGES AND ACROSS ALL DISABILITY EXPERIENCES, WHETHER LIFELONG OR ACQUIRED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $37,866
Program Service Revenue $13,753,408
Investment Income $10,732
Other Revenue $960
TOTAL REVENUE $13,802,966

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,695,186
Fundraising Expenses $0
Program Expenses $12,587,858
Other Expenses $750,379
TOTAL EXPENSES $13,445,565

Year-over-Year Comparison

2024 2023 Change
Revenue $13,802,966 $12,926,698 +0.1%
Expenses $13,445,565 $13,061,528 +0.0%
Net Income $357,401 $-134,830 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
526
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$346,891
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNETTE PEREZ PRESIDENT 6.00
Officer Director
$0 $0 $0
ELLEN ABBERBOCK VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
CHRISTINE SWEENEY SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
JAMES DENSON MEMBER 2.00
Director
$0 $0 $0
CLIFF CARR MEMBER 2.00
Director
$0 $0 $0
JONATHAN BELL MEMBER 2.00
Director
$0 $0 $0
SANDRA LAMB MEMBER 2.00
Director
$0 $0 $0
SUSAN MCCORMACK EXECUTIVE DIRECTOR 35.00
Officer
$174,541 $19,268 $193,809
LAURA MARQUES DIRECTOR OF FISCAL MANAGEM 35.00
Officer
$135,541 $17,541 $153,082
HOLLY PECO ASSISTANT TO DIRECTOR OF F 35.00
Highest
$108,042 $45,492 $153,534
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $13,802,966 $13,445,565 $3,915,395 $357,401
2023 $12,926,698 $13,061,528 $2,880,797 $-134,830
2022 $12,328,641 $12,507,061 $3,091,574 $-178,420
2021 $12,705,116 $12,825,991 $2,758,758 $-120,875
2020 $13,910,440 $13,947,518 $2,902,271 $-37,078
2019 $15,855,089 $15,594,104 $3,786,567 $260,985
2018 $16,928,435 $16,707,229 $3,647,284 $221,206
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