Civic Intelligence

Community Development and Disaster Relief Corporation

990EZ • Fiscal year 2019 • EIN 46-2861979

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

100th percentile

25325.00x

Higher debt load relative to assets than 100% of similar nonprofits.

2019 filings • NTEE P60 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

2019 filings • NTEE P60 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2019 filings • NTEE P60 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1

Down $57,384 (-100%) from 2018

Net Assets

-$25,324

No earlier filing loaded for comparison.

Liabilities

Down

$25,325

Down $57,359 (-69%) from 2018

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$25

Down $52,576 (-100%) from 2018

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2013: $305,107Liabilities 2013: $318,871Net Assets 2013: -$13,7642013Assets 2014: $1,889Liabilities 2014: $12,312Net Assets 2014: -$10,4232014Assets 2015: $18,753Liabilities 2015: $14,9252015Assets 2016: $145,386Liabilities 2016: $163,2292016Assets 2017: $76,269Liabilities 2017: $97,6932017Assets 2018: $57,385Liabilities 2018: $82,6842018Assets 2019: $1Liabilities 2019: $25,325Net Assets 2019: -$25,3242019Assets 2020: $1Liabilities 2020: $4,737Net Assets 2020: -$4,7362020Assets 2021: $5,001Liabilities 2021: $9,762Net Assets 2021: -$4,7612021Assets 2022: $5,001Liabilities 2022: $9,762Net Assets 2022: -$4,7612022Assets 2023: $5,001Liabilities 2023: $9,7622023Assets 2024: $164,881Liabilities 2024: $155,074Net Assets 2024: $9,8072024

Highlighted filing

2019

Assets$1
Liabilities$25,325
Net Assets-$25,324

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2013: $304,607Expenses 2013: $318,371Net Income 2013: -$13,7642013Revenue 2014: $107,430Expenses 2014: $104,089Net Income 2014: $3,3412014Revenue 2015: $19,811Expenses 2015: $5,560Net Income 2015: $14,2512015Revenue 2016: $126,634Expenses 2016: $148,305Net Income 2016: -$21,6712016Revenue 2017: $195,956Expenses 2017: $199,537Net Income 2017: -$3,5812017Revenue 2018: $48,726Expenses 2018: $52,601Net Income 2018: -$3,8752018Expenses 2019: $252019Revenue 2020: $20,987Expenses 2020: $399Net Income 2020: $20,5882020Expenses 2021: $252021Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $35,655Expenses 2024: $21,087Net Income 2024: $14,5682024

Highlighted filing

2019

Revenue-
Expenses$25
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 29, 2020
Return Version
2019v5.0
Mission and Program Overview

Mission

Community development and disaster relief corporation (cddrc) was formed to promote and support, financially and administratively, community development and redevelopment programs, including disaster relief, for the construction of new single and multi-family homes, rehabilitation of existing residences and construction and rehabilitation of community buildings and related infrastructure, through cooperation with local, state and federal levels of government and private partners.

Program Services

DescriptionGrantsExpenses
COMMUNITY DEVELOPMENT AND DISASTER RELIEF CORPORATION (CDDRC) FUNCTIONS AS A DESIGNATED LOCAL ADVISOR TO NEW YORK STATE (NYS) IN ADMINISTERING THE NY RISING HOUSING RECOVERY PROGRAM. AS SUCH, CDDRC PROVIDES CRITICALLY-NEEDED ASSISTANCE TO OWNERS OF STORM DAMAGED HOMES ACROSS LONG ISLAND.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN S LAW ESQChairman-$0--
STEVEN F PHILBINVice Chairma-$0--
RANDY KAPLANSecretary (O-$0--
ELENA DUNDONSecretary (I-$0--
LUTRICIA EDWARDSTreasurer-$0--
PETER J ELKOWITZ JRPresident-$0--
JAMES BRITZExec. Vice P-$0--
VALERIE CANNYCFO-$0--
Filing and Contact Details

Filer

Filer Name
Community Development and Disaster
EIN
46-2861979
Phone
6314354710
Address
180 OSER AVENUE SUITE 800, HAUPPAUGE, NY 11788

Signing Officer

Name
Peter J Elkowitz Jr
Title
President
Phone
6314354710
Signed
2020-09-29

Preparer

Firm
Long Island Housing Partnership Inc
Address
180 OSER AVE STE 800, HAUPPAUGE, NY 11788-3737
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses filing fees 25 total 25

Form 990-ez, Part II, Line 24

Accounts receivable 54,255 0 total 54,255 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 60,734 0 due to affiliates 21,950 25,325

Form 990-ez, Part III

Community development and disaster relief corporation (cddrc) was formed to promote and support, financially and administratively, community development and redevelopment programs, including disaster relief, for the construction of new single and multi-family homes, rehabilitation of existing residences and construction and rehabilitation of community buildings and related infrastructure, through cooperation with local, state and federal levels of government and private partners.

Form 990-ez, Part III, Line 28

Community development and disaster relief corporation (cddrc) functions as a designated local advisor to new york state (nys) in administering the ny rising housing recovery program. As such, cddrc provides critically-needed assistance to owners of storm damaged homes across long island.

Form 990-ez, Part IV

Officer compensation and related benefits for work done on community development and disaster relief corporation (cddrc)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), long island partnership community development corporation (lipcdc), 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. Cddrc reimburses lihp for its respective portion of compensation and benefits on an annual basis, but no compensation or benefits are paid directly by cddrc 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/PrimaryExemptPurposeTxt0COMMUNITY DEVELOPMENT AND DISASTER RELIEF CORPORATION (CDDRC) WAS FORMED TO PROMOTE AND SUPPORT, FINANCIALLY AND ADMINISTRATIVELY, COMMUNITY DEVELOPMENT AND REDEVELOPMENT PROGRAMS, INCLUDING DISASTER RELIEF, FOR THE CONSTRUCTION OF NEW SINGLE AND MULTI-FAMILY HOMES, REHABILITATION OF EXISTING RESIDENCES AND CONSTRUCTION AND REHABILITATION OF COMMUNITY BUILDINGS AND RELATED INFRASTRUCTURE, THROUGH COOPERATION WITH LOCAL, STATE AND FEDERAL LEVELS OF GOVERNMENT AND PRIVATE PARTNERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES FILING FEES 25 TOTAL 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 54,255 0 TOTAL 54,255 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 60,734 0 DUE TO AFFILIATES 21,950 25,325
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMMUNITY DEVELOPMENT AND DISASTER RELIEF CORPORATION (CDDRC) WAS FORMED TO PROMOTE AND SUPPORT, FINANCIALLY AND ADMINISTRATIVELY, COMMUNITY DEVELOPMENT AND REDEVELOPMENT PROGRAMS, INCLUDING DISASTER RELIEF, FOR THE CONSTRUCTION OF NEW SINGLE AND MULTI-FAMILY HOMES, REHABILITATION OF EXISTING RESIDENCES AND CONSTRUCTION AND REHABILITATION OF COMMUNITY BUILDINGS AND RELATED INFRASTRUCTURE, THROUGH COOPERATION WITH LOCAL, STATE AND FEDERAL LEVELS OF GOVERNMENT AND PRIVATE PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMMUNITY DEVELOPMENT AND DISASTER RELIEF CORPORATION (CDDRC) FUNCTIONS AS A DESIGNATED LOCAL ADVISOR TO NEW YORK STATE (NYS) IN ADMINISTERING THE NY RISING HOUSING RECOVERY PROGRAM. AS SUCH, CDDRC PROVIDES CRITICALLY-NEEDED ASSISTANCE TO OWNERS OF STORM DAMAGED HOMES ACROSS LONG ISLAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICER COMPENSATION AND RELATED BENEFITS FOR WORK DONE ON COMMUNITY DEVELOPMENT AND DISASTER RELIEF CORPORATION (CDDRC)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), LONG ISLAND PARTNERSHIP COMMUNITY DEVELOPMENT CORPORATION (LIPCDC), 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. CDDRC REIMBURSES LIHP FOR ITS RESPECTIVE PORTION OF COMPENSATION AND BENEFITS ON AN ANNUAL BASIS, BUT NO COMPENSATION OR BENEFITS ARE PAID DIRECTLY BY CDDRC 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 III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART IV
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER J ELKOWITZ JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06314354710
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMUNITY DEVELOPMENT AND DISASTER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0RELIEF CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0462861979
ReturnHeader/Filer/PhoneNum06314354710
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ReturnHeader/FilingSecurityInformation/IPDt02020-10-16
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ReturnHeader/FilingSecurityInformation/IPTm010:27:03
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0180 OSER AVE STE 800
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0117883737
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-16
ReturnHeader/ReturnTs02020-10-16T10:27:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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