CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION INC

BROOKLYN, NY, 11208-1203 (718) 647-2800 Est. 1983 EIN 11-2683663
S200— Community Improvement Form 990 501(c)(3)
WWW.CYPRESSHILLS.ORG

Mission

WITH COMMUNITY RESIDENTS LEADING THE WAY, THE MISSION OF CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (CHLDC) IS TO BUILD A STRONG SUSTAINABLE CYPRESS HILLS AND EAST NEW YORK, WHERE YOUTH AND ADULTS ACHIEVE EDUCATIONAL AND ECONOMIC SUCCESS, SECURE AFFORDABLE HOUSING AND DEVELOP LEADERSHIP SKILLS TO TRANSFORM THEIR LIVES AND COMMUNITY. WE ALSO PROMOTE POLICIES THAT PROMOTE RACIAL EQUITY.

Financials

Total Revenue
$29,259,219
Total Expenses
$20,735,952
Net Assets
$19,931,956
608 employees 30 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
11.5 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 54.5%
Expenses ↑ 14.1%
Revenue Sources
Contributions 93.8% Earned revenue 3.4% Investment 0.7% Other 2.0%
Expense Breakdown
Program 81.7% Management 16.2% Fundraising 2.2%

Officers & Key Employees (22)

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Grants Received (234)

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Filing History (12 filings)

YearRevenueExpensesNet Assets
2023 Form 990$28,477,850 $20,566,805$19,319,734
2023 Form 990$29,259,219 $20,735,952$19,931,956
2022 Form 990$19,269,176 $18,060,306$11,851,488
2022 Form 990$18,937,282 $18,171,211$11,408,689
2021 Form 990$19,227,738 $16,361,867$10,642,618
2020 Form 990$13,804,521 $13,188,403$4,736,999
2020 Form 990$16,091,549 $13,376,706$7,776,747
2019 Form 990$14,908,263 $14,572,786$4,403,135
2018 Form 990$15,595,371 $15,570,800$4,067,658
2018 Form 990$15,595,371 $15,570,800$4,067,658

2 older filings not shown

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EIN: 11-2683663 · Source: IRS Form 990 e-file data