NonprofitsLocal Development Corporation Of East New York

Local Development Corporation Of East New York

BROOKLYN, NY

Total revenue

$632K

Total expenses

$689K

Net assets

$116K

Grants received

$645K

4 grants

EIN

112556667

Tax year

2023

Mission

The mission of LDCENY is to empower low-to-moderate income women and minorities with programs that promote economic sufficiency, build assets and improve their lives and those of their families. LDCENY works with local businesses to retain and build industry and

Financials

FY 2023

Revenue

Contributions & grants$597K
Program service revenue
Investment income$252
Other revenue$35K
Total revenue$632K

Expenses

Grants paid
Salaries & benefits$347K
Fundraising$37K
Other expenses$342K
Total expenses$689K
Total assets$272K
Net assets$116K

People

5 listed

NameRoleCompensation

William Wilkins

Executive Director

Board

$146K

40 hrs/wk

Priscilla Frey - Incorvaia

Chair

Board

2 hrs/wk

Kim Council

Vice Chair

Board

2 hrs/wk

Stephen Genovese

Secretary/Treasurer

Board

1 hrs/wk

Brad Faden

Board Member

Board

1 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$550K
TO SUPPORT EXPANDED COMMUNITY FOOD, CULTURE AND ARTS PROGRAMMATIC INITIATIVES, INCREASED STAFF, AND RENOVATION OF FOOD PRODUCTION SPACE
2022
$40K
GENERAL FUND
2022
$20K
GENERAL SUPPORT
2022

Funded by

$645K from 4 funders · 4 grants · 2022–2024

The Andrew W Mellon Foundation

$550K · 1 grant · 2022

The Durst Family Foundation

$40K · 1 grant · 2022

The Blackbaud Giving Fund

$20K · 1 grant · 2022

Details

EIN112556667
Subsection03
Ruling date1979-05
Formed1981
Employees6
Volunteers4
LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK — Mission, Financials & Grants Received | Grantivo