Civic Intelligence

Long Island Partnership Community Development Corporation

990EZ • Fiscal year 2019 • EIN 11-3415840

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 29, 2020

180 Oser Avenue Suite 800Hauppauge, NY 11788

(631) 435-4710

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

5.59x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

24.51x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Net Margin

2nd percentile

-483%

Higher net margin than 2% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE S • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-92%

Faster asset growth than 2% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-96%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • NTEE S • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$29,755

Down $353,108 (-92%) from 2018

Net Assets

Down

-$136,503

Down $32,740 (-32%) from 2018

Liabilities

Down

$166,258

Down $320,368 (-66%) from 2018

Revenue

Down

$6,784

Down $150,358 (-96%) from 2018

Expenses

Down

$39,524

Down $172,225 (-81%) from 2018

Net Income

Up

-$32,740

Up $21,867 (+40%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0-$200KAssets 2010: $345,821Liabilities 2010: $10,407Net Assets 2010: $335,4142010Assets 2011: $310,367Liabilities 2011: $10,207Net Assets 2011: $300,1602011Assets 2012: $266,210Liabilities 2012: $10,506Net Assets 2012: $255,7042012Assets 2013: $406,241Liabilities 2013: $177,098Net Assets 2013: $229,1432013Assets 2014: $475,627Liabilities 2014: $313,058Net Assets 2014: $162,5692014Assets 2016: $549,188Liabilities 2016: $536,447Net Assets 2016: $12,7412016Assets 2017: $504,214Liabilities 2017: $553,370Net Assets 2017: -$49,1562017Assets 2018: $382,863Liabilities 2018: $486,626Net Assets 2018: -$103,7632018Assets 2019: $29,755Liabilities 2019: $166,258Net Assets 2019: -$136,5032019Assets 2020: $27,815Liabilities 2020: $205,021Net Assets 2020: -$177,2062020Assets 2021: $156,209Liabilities 2021: $340,879Net Assets 2021: -$184,6702021Assets 2022: $14,118Liabilities 2022: $102,611Net Assets 2022: -$88,4932022Assets 2023: $14,632Liabilities 2023: $103,150Net Assets 2023: -$88,5182023Assets 2024: $6,057Liabilities 2024: $104,106Net Assets 2024: -$98,0492024

Highlighted filing

2019

Assets$29,755
Liabilities$166,258
Net Assets-$136,503

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $30,6182010Expenses 2011: $35,9822011Expenses 2012: $45,0762012Revenue 2013: $395,376Expenses 2013: $421,937Net Income 2013: -$26,5612013Revenue 2014: $249Expenses 2014: $66,823Net Income 2014: -$66,5742014Revenue 2016: $185Expenses 2016: $126,727Net Income 2016: -$126,5422016Revenue 2017: $4,623Expenses 2017: $66,520Net Income 2017: -$61,8972017Revenue 2018: $157,142Expenses 2018: $211,749Net Income 2018: -$54,6072018Revenue 2019: $6,784Expenses 2019: $39,524Net Income 2019: -$32,7402019Revenue 2020: $233Expenses 2020: $40,936Net Income 2020: -$40,7032020Revenue 2021: $249Expenses 2021: $7,713Net Income 2021: -$7,4642021Revenue 2022: $395,430Expenses 2022: $299,253Net Income 2022: $96,1772022Revenue 2023: $0Expenses 2023: $25Net Income 2023: -$252023Revenue 2024: $0Expenses 2024: $9,531Net Income 2024: -$9,5312024

Highlighted filing

2019

Revenue$6,784
Expenses$39,524
Net Income-$32,740
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 29, 2020
Return Version
2019v5.0
Gross Receipts
$6,784
Mission and Program Overview

Mission

The development and/or rehabilitation and transfer of completed housing units to homeowners in accordance with the organization's tax exempt purpose. In 2020, no affordable housing units were under construction and no affordable housing units were completed or transferred.

The development and/or rehabilitation and transfer of completed housing units to homeowners in accordance with the organization's tax exempt purpose. In 2019, no units were under construction and no units were completed or transferred.

Program Services

DescriptionGrantsExpenses
IN 2019, NO UNITS WERE COMPLETED OR TRANSFERRED. NO ADDITIONAL UNITS WERE UNDER CONSTRUCTION AS OF THE END OF THE YEAR.-$11,540
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER J ELKOWITZ JRPresident /-$0--
JAMES BRITZExec. VP / C-$0--
KEVIN S LAW ESQChairman-$0--
STEVEN F PHILBINVice Chairma-$0--
RANDY KAPLANSecretary (O-$0--
ELENA DUNDONSecretary (I-$0--
LUTRICIA EDWARDSTreasurer-$0--
ANTHONY ESERNIODirector-$0--
BELINDA PAGDANGANANDirector-$0--
MARTIN FALLIERDirector-$0--
CHARLES MANCINIDirector-$0--
VINCENT MAINEDirector (Ou-$0--
VLADIMIR ORTEGADirector (In-$0--
CHRISTOPHER M HAHNDirector-$0--
ANDREA ROTHCHILDDirector-$0--
MARLO PAVENTI DILTSDirector (In-$0--
THOMAS B HAGGERTYDirector-$0--
VINCENT E GIOVINCODirector-$0--
KEVIN HARVEYDirector-$0--
RICHARD D DEVERNADirector-$0--
GRANT HAVASYDirector (Ou-$0--
PETER G FLOREYDirector (In-$0--
LAURA A CASSELLDirector-$0--
MARY REIDDirector-$0--
LAWRENCE S JONESDirector-$0--
PATRICK HALPINDirector-$0--
PETER KLEINDirector-$0--
CHRISTOPHER MCKEEVERDirector-$0--
REV DR DARIS DIXON-CLARKDirector-$0--
RICHARD J LOCKEDirector-$0--
ROBERT A ISAKSENDirector-$0--
ROBERT C CREIGHTON ESQDirector-$0--
ROBERT J COUGHLANDirector-$0--
CARLA SIMPSONDirector-$0--
SHIRLEY E COVERDALEDirector-$0--
STEVEN KRIEGERDirector-$0--
THOMAS P DEJESUDirector-$0--
VALERIE CANNYCFO-$0--
Filing and Contact Details

Filer

Filer Name
Long Island Partnership Community
EIN
11-3415840
Phone
6314354710
Address
180 OSER AVENUE SUITE 800, HAUPPAUGE, NY 11788

Signing Officer

Name
Peter J Elkowitz Jr
Title
President / CEO
Phone
6314354710
Signed
2020-09-29
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 1,247 program and project costs 1,157 filing fees 50 total 2,454

Form 990-ez, Part II, Line 24

Capitalized project costs 359,376 11,148 total 359,376 11,148

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 37,884 4,004 project grant advances 209,633 0 due to affiliates 239,109 162,254 construction reserve 0 0

Form 990-ez, Part III

The development and/or rehabilitation and transfer of completed housing units to homeowners in accordance with the organization's tax exempt purpose. In 2019, no units were under construction and no units were completed or transferred.

Form 990-ez, Part IV

Officer compensation and related benefits for work done on long island partnership community development corporation (lipcdc)and work done on the following related organizations: long island housing partnership, inc. (lihp), long island partnership housing development company, inc. (liphdfc), nassau suffolk partnership housing development company, inc. (nsphdfc), long island partnership community development corporation (lipcdc), community development and disaster relief corporation (cddrc), long island partnership clt housing development fund company, inc. (lipclthdfc), and long island housing partnership community development financial institution, inc. (lihpcdfi) are paid through the main affiliate organization, lihp. Lipcdc reimburses lihp for its respective portion of compensation and benefits on an annual basis, but no compensation or benefits are paid directly by lipcdc to its officers.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt070000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0167806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0330
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0185
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0233
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0786
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0234608
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99530
IRS990ScheduleA/PublicSupportPY170Pct00.99560
IRS990ScheduleA/PublicSupportTotal170Amt0167806
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06454
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt086752
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt070000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0167806
IRS990ScheduleA/TotalSupportAmt0168592
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 1,247 PROGRAM AND PROJECT COSTS 1,157 FILING FEES 50 TOTAL 2,454
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CAPITALIZED PROJECT COSTS 359,376 11,148 TOTAL 359,376 11,148
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 37,884 4,004 PROJECT GRANT ADVANCES 209,633 0 DUE TO AFFILIATES 239,109 162,254 CONSTRUCTION RESERVE 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DEVELOPMENT AND/OR REHABILITATION AND TRANSFER OF COMPLETED HOUSING UNITS TO HOMEOWNERS IN ACCORDANCE WITH THE ORGANIZATION'S TAX EXEMPT PURPOSE. IN 2019, NO UNITS WERE UNDER CONSTRUCTION AND NO UNITS WERE COMPLETED OR TRANSFERRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICER COMPENSATION AND RELATED BENEFITS FOR WORK DONE ON LONG ISLAND PARTNERSHIP COMMUNITY DEVELOPMENT CORPORATION (LIPCDC)AND WORK DONE ON THE FOLLOWING RELATED ORGANIZATIONS: LONG ISLAND HOUSING PARTNERSHIP, INC. (LIHP), LONG ISLAND PARTNERSHIP HOUSING DEVELOPMENT COMPANY, INC. (LIPHDFC), NASSAU SUFFOLK PARTNERSHIP HOUSING DEVELOPMENT COMPANY, INC. (NSPHDFC), LONG ISLAND PARTNERSHIP COMMUNITY DEVELOPMENT CORPORATION (LIPCDC), COMMUNITY DEVELOPMENT AND DISASTER RELIEF CORPORATION (CDDRC), LONG ISLAND PARTNERSHIP CLT HOUSING DEVELOPMENT FUND COMPANY, INC. (LIPCLTHDFC), AND LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, INC. (LIHPCDFI) ARE PAID THROUGH THE MAIN AFFILIATE ORGANIZATION, LIHP. LIPCDC REIMBURSES LIHP FOR ITS RESPECTIVE PORTION OF COMPENSATION AND BENEFITS ON AN ANNUAL BASIS, BUT NO COMPENSATION OR BENEFITS ARE PAID DIRECTLY BY LIPCDC TO ITS OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART IV
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER J ELKOWITZ JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT / CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06314354710
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LONG ISLAND PARTNERSHIP COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LONG
ReturnHeader/Filer/EIN0113415840
ReturnHeader/Filer/PhoneNum06314354710
ReturnHeader/Filer/USAddress/AddressLine1Txt0180 OSER AVENUE SUITE 800
ReturnHeader/Filer/USAddress/CityNm0HAUPPAUGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011788
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E4EBF77B0FEF3F3DF56FD433D5107AF716BE22B6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E4EBF77B0FEF3F3DF56FD433D5107AF716BE22B6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0148.76.126.162
ReturnHeader/FilingSecurityInformation/IPDt02020-10-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:27:03
ReturnHeader/ReturnTs02020-10-16T10:27:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.06$1.04$0.98$0.00$0.10$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.15$1.03$0.89$0.00$0.00$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$1.03$0.88$3.95$2.99$0.96
2021Detailed filing. Detailed filing data is available for this year.$1.56$3.41$1.85$0.00$0.08$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$2.05$1.77$0.00$0.41$0.41
2019Detailed filing. Detailed filing data is available for this year.$0.30$1.66$1.37$0.07$0.40$0.33
2018Summary only. Only limited summary data is available for this year.$3.83$4.87$1.04$1.57$2.12$0.55
2017Summary only. Only limited summary data is available for this year.$5.04$5.53$0.49$0.05$0.67$0.62
2016Summary only. Only limited summary data is available for this year.$5.49$5.36$0.13$0.00$1.27$1.27
2014Detailed filing. Detailed filing data is available for this year.$4.76$3.13$1.63$0.00$0.67$0.67
2013Detailed filing. Detailed filing data is available for this year.$4.06$1.77$2.29$3.95$4.22$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.11$2.56$0.45
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$0.10$3.00$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.10$3.35$0.31