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EIN 81-4188947

Long Island Partnership CLT Housing Development Fund Company

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Hauppauge
State
New York
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
Long Island Partnership CLT Housing Development Fund Company, Inc. was established to provide housing within Nassau and Suffolk Counties in New York for "persons of low income", as defined in any federal or state low-income housing capital program. In 2022, lipclt continued its pre-development and construction work toward the rebuilding of 23 superstorm sandy-damaged homes across Long Island, as well as the next phase of scattered site developments. This work included the demolition and start of construction activities.
Related structure
Long Island Partnership CLT Housing Development Fund Company is a subordinate organization under Long Island Housing Partnership.
Total revenues
$3,631,973
2022
Total expenses
$3,399,322
2022
Total assets
$3,304,336
2022
Num. employees
0
2022

Program areas at Long Island Partnership CLT Housing Development Fund Company

In 2022, lipclt continued its pre-development and construction work toward the rebuilding of 23 superstorm sandy-damaged homes across Long Island, as well as the next phase of scattered site developments. This work included the demolition and start of construction on several new homes in both nassau and suffolk counties. Eight homes were sold in 2022 to eligible home buyers who met income guidelines and would not otherwise have been able to afford a new home in the market place.

Personnel at Long Island Partnership CLT Housing Development Fund Company

NameTitleCompensation
Valerie CannyChief Financial Officer$0
Jill Rosen-NikoloffChief Commercial Officer and General Counsel$0
Peter J ElkowitzPresident$0
Kevin S LawSecretary$0
James BritzExecutive Vice President and Chief Operating Officer$0
...and 2 more key personnel

Financials for Long Island Partnership CLT Housing Development Fund Company

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,631,158
Program services$2,000,815
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,631,973

Form 990s for Long Island Partnership CLT Housing Development Fund Company

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-10-19990View PDF
2019-122021-02-22990View PDF
2018-122019-12-30990View PDF
...and 1 more Form 990
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 15, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 4, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
180 Oser Ave Suite 800
Hauppauge, NY 11788
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Suffolk County, NY
Website URL
lihp.org/ 
Phone
(631) 435-4710
IRS details
EIN
81-4188947
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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