EIN 11-2890302

The Local Development Corporation of Crown Heights

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
1987
Most recent tax filings
2022-12-01
Description
LDCCH provides affordable housing and community services, including financial literacy in Brooklyn, NY.
Also known as...
The Local Dev Corp of Crown Heights
Total revenues
$1,270,264
2022
Total expenses
$1,132,590
2022
Total assets
$10,056,426
2022
Num. employees
6
2022

Program areas at The Local Development Corporation of Crown Heights

Community and social services - operated/funded through npp program is complemented by a program that teaches key financial concepts, such as credit, budgeting and debt reduction. In 2021, The organization provided training and informational sessions as well as individual assistance to residents of The Crown Heights and central brooklyn community.
Providing affordable housing services - this program offers assistance in housing and quality of life issues. Other services offered under this program include first time home buyer workshops, housing Development programs, apartment relocation, counseling to business owners and individuals, small business Development education programs, collaborative projects with other community organizations, information and referrals to government agencies and other organizations funded by nys division of housing and community renewal and housing maintenance workshops. The organization sponsors various affordable housing through its control and ownership interests in various affordable housing projects in The Crown Heights area. (cont'd on scheudle o)in 2022, this program provided 700 units of low-income senior or affordable housing in 7 developments consisting of 20 buildings in The central brooklyn community.

Personnel at The Local Development Corporation of Crown Heights

NameTitleCompensation
Val HenryPresident and Chief Executive Officer$172,274
Carmen MartinezOffice Manager and Outreach Director / Corporate Secretary and Office Manager / Vice Chairperson / Vice - Chair$116,019
Fred OsiasSenior Accounting Manager / Director of Finance$104,978
C. Allyson FranklinChairman$0
Alecia D. MasonVice Chair$0
...and 5 more key personnel

Financials for The Local Development Corporation of Crown Heights

RevenuesFYE 12/2022
Total grants, contributions, etc.$208,495
Program services$1,024,000
Investment income and dividends$165,249
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-190,394
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$62,914
Total revenues$1,270,264

Form 990s for The Local Development Corporation of Crown Heights

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-08-27990View PDF
...and 10 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 1 new personnel
January 11, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
LobbyingState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
230 Kingston Ave
Brooklyn, NY 11213
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
ldcch.org/ 
Phone
(718) 467-8800
IRS details
EIN
11-2890302
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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