NASSAUSUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY Charity Report

Public IRS 990 nonprofit record

NASSAUSUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY

EIN 11-3360966 · Housing Development, Construction & Management (L20)

What they do

NASSAU SUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, INC. (NSPHDFC) WAS ORGANIZED to DEVELOP HOUSING for PERSONS of LOWER AND/OR MODERATE INCOME WHERE NO ADEQUATE HOUSING EXISTS for SUCH PERSONS IN NASSAU AND/OR SUFFOLK COUNTIES IN NEW YORK. THIS CORPORATION is DESIGNATED AS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO), AS DEFINED IN THE FEDERAL REGULATIONS.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $24.40 was reported for mission work and $0.00 for fundraising. Understand this before you give.

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

27.81%of revenue went to mission work24.4% of expenses · Program services

$114.19spent for every $100 of revenueSpending was higher than revenue this year.

86.38%of revenue went to management and office costs75.6% of expenses

$9.35in assets for every $1 spent this yearSome assets cannot be spent right away.

12.7%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.

Worth asking: Expenses exceeded revenue by $55,937 this year. Ask whether that was planned or caused by a one-time event.

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$394,170

Mission workProgram services$109,60727.81% of revenue24.4% of expenses

ManagementOffice and general costs$340,50086.38% of revenue75.6% of expenses

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

Total expenses$450,107114.19% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 24.4% went to mission work. Ask the charity to explain these numbers and show recent results.

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: 24.4% mission · 75.6% management · 0.0% fundraisingTotal expenses: 114.19% of revenue

2023Expense mix: 41.0% mission · 59.0% management · 0.0% fundraisingRevenue comparison unavailable

2022Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 85.16% of revenue

2021Expense mix: 93.5% mission · 6.5% management · 0.0% fundraisingTotal expenses: 91.57% of revenue

2020Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 84.81% of revenue

2019Expense mix: 82.9% mission · 17.1% management · 0.0% fundraisingTotal expenses: 89.56% of revenue

Money in and money out

Revenue$394,170

Expenses$450,107

Annual shortfall $55,937 Expenses were higher than revenue 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)$109,607 · 24.4% of expenses

Management and office costs$340,500 · 75.6% of expenses

See all reported dollar amounts

Revenue$394,170

Expenses$450,107

Assets$4,208,417

Income$394,170

Contributions$50,000

Mission work (program services)$109,607

Grants given$168,656

Average grant$84,328

Management and general$340,500

Accounting fees$23,100

Investing fees$12,611

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 · 7 hrs/week $66,592Base · Other $66,592

PETER J ELKOWITZ JRPRESIDENT/CEO · 9 hrs/week $57,551Base · Other $57,551

JILL ROSEN-NIKOLOFFCCO/GENERAL COUNSEL · 7 hrs/week $12,772Base · Other $12,772

VALERIE CANNYCFO (OUTGOING) · 7 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 BENTIVEGNADIRECTOR OF FINANCE

About this charity

Recognized since: January 1997
Location: 180 OSER AVE STE 800, HAUPPAUGE, NY 11788-3737
County: Suffolk
In care of: % JIM MORGO
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 Development, Construction & Management (L20)
IRS tax category: Housing Development, Construction & Management
Grant-giving organization: Yes