HAUPPAUGE, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INS, founded in 2013, is a small nonprofit in the Housing & Shelter sector that reported $223K in total revenue in fiscal year 2023. Revenue surged 402% from the prior year, signaling strong growth momentum. The organization ran a surplus of $207K, a strong 93% operating margin.
LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, INC. (LIHPCDFI) WAS CREATED TO LESSEN THE BURDENS OF GOVERNMENT AND TO ENHANCE THE WELL-BEING OF COMMUNITIES BY INCREASING THE SUPPLY OF NEWLY CONSTRUCTED AND REHABILITATED RESIDENCES (HOMEOWNERSHIP AND/OR RENTAL) FOR COMMUNITY DEVELOPMENT AND REDEVELOPMENT PROGRAMS. THESE PURPOSES ARE INTENDED TO BE MET PRIMARILY THROUGH THE ISSUANCE OF CONSTRUCTION, PREDEVELOPMENT AND PERMANENT FINANCING LOANS AND ANCILLARY DEVELOPMENT SERVICES FOR THE DEVELOPMENT OF AFFORDABLE HOUSING IN ELIGIBLE TARGET MARKETS (INVESTMENT AREAS WITH POVERTY RATES OF AT LEAST 20%) IN NASSAU AND SUFFOLK COUNTIES, NEW YORK.
LOANS WERE MADE TO ONE DEVELOPER, BEGINNING IN 2016, TO HELP FINANCE THE ISLIP IX DEVELOPMENT. THIS DEVELOPMENT IS CURRENTLY OWNED BY AND HELD IN NAME OF THE NASSAU SUFFOLK PARTNERSHIP HOUSING...
LOANS WERE MADE TO ONE DEVELOPER, BEGINNING IN 2016, TO HELP FINANCE THE ISLIP IX DEVELOPMENT. THIS DEVELOPMENT IS CURRENTLY OWNED BY AND HELD IN NAME OF THE NASSAU SUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, INC., AN AFFILIATE ENTITY.
A NO-INTEREST LOAN WAS MADE TO A LOCAL COMMUNITY LAND TRUST IN 2023 TO FUND AN AFFORDABLE HOUSING PROJECT IN NASSAU COUNTY, WITH CONSTRUCTION ON THIS UNIT EXPECTED TO BEGIN IN 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $223,347 | $44,511 | +4.0% |
| Expenses | $15,898 | $14,181 | +0.1% |
| Net Income | $207,449 | $30,330 | +5.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PETER J ELKOWITZ JR | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $58,483 | $408,420 |
| JAMES BRITZ | EXEC. VICE P | 1.00 |
Officer
Director
|
$0 | $14,350 | $255,757 |
| JILL ROSEN-NIKOLOFF | CCO/GENERAL | 1.00 |
Officer
|
$0 | $12,373 | $193,809 |
| VALERIE CANNY | CFO | 1.00 |
Officer
|
$0 | $11,999 | $189,122 |
| ELENA DUNDON | SECRETARY | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| ANTHONY ESERNIO | TREASURER | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN S LAW ESQ | CHAIRMAN | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN F PHILBIN | VICE CHAIRMA | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $223,347 | $15,898 | $1,423,351 | $207,449 |
| 2022 | $44,511 | $14,181 | $1,344,385 | $30,330 |
| 2021 | $15,231 | $17,800 | $1,111,987 | $-2,569 |
| 2020 | $22,122 | $52,699 | $1,582,502 | $-30,577 |
| 2019 | $17,454 | $59,871 | $1,516,072 | $-42,417 |
Compare LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INS with other nonprofits in New York and across the country.