LONG ISLAND PARTNERSHIP HOUSING DEVELOPMENT FUND CORPORATION INC Charity Report

Public IRS 990 nonprofit record

LONG ISLAND PARTNERSHIP HOUSING DEVELOPMENT FUND CORPORATION INC

EIN 11-2911043 · Housing & Shelter (L200)

What they do

LONG ISLAND PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, INC. WAS FORMED for THE PURPOSE of ACQUIRING and HOLDING TITLE to LAND FROM GOVERNMENT and PRIVATE SOURCES, SECURING FINANCING THROUGH VARIOUS GOVERNMENT and PRIVATE GRANTS for PRE-DEVELOPMENT and CONSTRUCTION ACTIVITIES, CONSTRUCTING HOMES, and TRANSFERRING LAND and COMPLETED UNITS to HOMEBUYERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

69.73%of revenue went to mission work86.2% of expenses · Program services

$80.87spent for every $100 of revenueRevenue covered expenses this year.

11.14%of revenue went to management and office costs13.8% of expenses

$1.59in assets for every $1 spent this yearSome assets cannot be spent right away.

1.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $66,592 for JAMES BRITZ (EXEC. VP/COO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,553,105

Mission workProgram services$1,780,32969.73% of revenue86.2% of expenses

ManagementOffice and general costs$284,39511.14% of revenue13.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$488,38119.13% of revenueShown in gray on the chart

Total expenses$2,064,72480.87% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 80.87% of revenue

2023Expense mix: 85.4% mission · 14.6% management · 0.0% fundraisingTotal expenses: 103.17% of revenue

2022Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 74.64% of revenue

2021Expense mix: 43.2% mission · 56.8% management · 0.0% fundraisingTotal expenses: 143.78% of revenue

2020Expense mix: 86.3% mission · 13.7% management · 0.0% fundraisingTotal expenses: 69.59% of revenue

2019Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 96.03% of revenue

Money in and money out

Revenue$2,553,105

Expenses$2,064,724

Annual surplus $488,381 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,780,329 · 86.2% of expenses

Management and office costs$284,395 · 13.8% of expenses

See all reported dollar amounts

Revenue$2,553,105

Expenses$2,064,724

Assets$3,283,215

Income$2,553,105

Contributions$48,847

Mission work (program services)$1,780,329

Management and general$284,395

Accounting fees$12,128

Investing fees$2,086

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JAMES BRITZEXEC. VP/COO · 3 hrs/week $66,592Base · Other $66,592

PETER J ELKOWITZ JRPRESIDENT/CEO · 4 hrs/week $57,551Base · Other $57,551

JILL ROSEN-NIKOLOFFCCO/GENERAL COUNSEL · 3 hrs/week $12,772Base · Other $12,772

VALERIE CANNYCFO (OUTGOING) · 3 hrs/week $4,697Base · Other $4,697

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

JAMES BRITZEXEC. VP/COO

PETER J ELKOWITZ JRPRESIDENT/CEO

JILL ROSEN-NIKOLOFFCCO/GENERAL COUNSEL

VALERIE CANNYCFO (OUTGOING)

SHAWN CASSIDYDIRECTOR

PETER G FLOREYDIRECTOR

REINALDO REI PEREZDIRECTOR

REV DR DARIS DIXON-CLARKDIRECTOR

RICHARD J LOCKEDIRECTOR

ROBERT A ISAKSENDIRECTOR

ROBERT C CREIGHTON ESQDIRECTOR

ROBERT J COUGHLANDIRECTOR

SCOTT BRONSONDIRECTOR

PATRICK HALPINDIRECTOR

SHIRLEY E COVERDALEDIRECTOR

STEVEN KRIEGERDIRECTOR

STEVEN F PHILBINVICE CHAIRMAN

THOMAS P DEJESUDIRECTOR

VINCENT E GIOVINCODIRECTOR

PETER KLEINDIRECTOR

ANDREA ROTHCHILDDIRECTOR

MELISSA SANTOSDIRECTOR

MATTHEW COHENDIRECTOR

MARY REID2ND VICE CHAIRWOMAN

MARTHA ABRAMSDIRECTOR

MARLO PAVENTIDIRECTOR

LAWRENCE S JONESDIRECTOR

KEVIN S LAW ESQCHARIMAN

KEVIN HARVEYDIRECTOR

ELENA DUNDONSECRETARY

CHRISTOPHER M HAHNDIRECTOR

CHRISTOPHER MCKEEVERDIRECTOR

BRIAN SAPPDIRECTOR

ANTHONY ESERNIOTREASURER

ANDREW BENTIVENGNADIRECTOR OF FINANCE

About this charity

Recognized since: January 1993
Location: 180 OSER AVE STE 800, HAUPPAUGE, NY 11788-3737
County: Suffolk
In care of: PETER J ELKOWITZ JR
Primary officer: PETER J ELKOWITZ JR, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@lihp.org Phone(631) 435-4710

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Housing & Shelter (L200)
IRS tax category: Other Community Housing Services