CDCLI FUNDING CORPORATION

EIN: 113418906 501(c)(3) Human Services

MELVILLE, NY

Total Revenue
$540,097
Total Expenses
$386,990
Total Assets
$12,460,862
Net Assets
$3,881,993
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
GWEN O'SHEA
Phone
6314711215
Tax Period
2024-01-01 to 2024-12-31

CDCLI FUNDING CORPORATION, founded in 1997, is a small nonprofit in the Human Services sector that reported $540K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 28% operating margin.

Mission

CDCLI FUNDING CORP. OFFERS RESIDENTIAL LOAN PRODUCTS WHICH ASSIST FIRST-TIME BUYERS IN PURCHASING A HOME AND EXISTING HOMEOWNERS WITH NEEDED REPAIRS & IMPROVEMENTS.

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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 $297,477
Program Service Revenue $242,620
Investment Income $0
Other Revenue $0
TOTAL REVENUE $540,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,988
Fundraising Expenses $0
Program Expenses $350,811
Other Expenses $376,002
TOTAL EXPENSES $386,990

Year-over-Year Comparison

2024 2023 Change
Revenue $540,097 $383,331 +0.4%
Expenses $386,990 $338,588 +0.1%
Net Income $153,107 $44,743 +2.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
5
Employees
1
Volunteers
5

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
6
$717,478
Total Directors
6
$443,514
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE-MARIE SCHEIDT BOARD MEMBER/CHAIR 1.00
Officer Director
$0 $0 $0
BRIAN CLARKE BOARD MEMBER 1.00
Director
$0 $0 $0
GWEN O'SHEA PRESIDENT/CEO 2.00
Officer Director
$0 $43,070 $443,514
JAMES COUGHLAN BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
THERESA SANDERS BOARD MEMBER/VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALAN HEITNER CFO/ TREASURER (UNTIL AUGUST 2024) 2.00
Officer
$0 $10,101 $178,255
ALLISON NORRIS SECRETARY 2.00
Officer
$0 $12,428 $95,709
MARIAN CONWAY TREASURER (AS OF SEPTEMBER 2024) 2.00
Officer
$0 $0 $0
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 $540,097 $386,990 $12,460,862 $153,107
2023 $383,331 $338,588 $9,828,456 $44,743
2022 $1,526,404 $216,770 $9,703,857 $1,309,634
2021 $303,422 $180,752 $10,027,474 $122,670
2020 $927,910 $285,984 $8,591,609 $641,926
2019 $121,008 $224,112 $6,707,888 $-103,104
2018 $358,516 $284,885 $6,890,725 $73,631
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