Civic Intelligence

Dime Community Bank Foundation

EIN 88-2297121 • 501(c)3 • Hauppauge, NY

Profile

The Dime Community Bank Foundation provides support to local charities that enhance the quality of life and strengthen communities on Long Island and New York City.

898 Veterans Memorial HwyHauppauge, NY 11788-2955
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

85th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T20 • <$500k nonprofits • Source year 2024

Net Margin

22nd percentile

-78%

Higher net margin than 22% of similar nonprofits.

NTEE T20 • <$500k nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

NTEE T20 • <$500k nonprofits • Source year 2024

Asset Growth

11th percentile

-66%

Faster asset growth than 11% of similar nonprofits.

NTEE T20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

-0.9%

Faster revenue growth than 47% of similar nonprofits.

NTEE T20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$61,538

Down $59,101 (-49%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$61,538

Down $59,101 (-49%) from 2022

Operations
Liabilities / Revenue85th percentileNet Margin22nd percentile

Revenue

Up

$153,510

Up $7,631 (+5.2%) from 2022

Expenses

Up

$272,723

Up $247,483 (+981%) from 2022

Net Income

Down

-$119,213

Down $239,852 (-199%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2022: $120,639Liabilities 2022: $0Net Assets 2022: $120,6392022Assets 2024: $61,538Liabilities 2024: $0Net Assets 2024: $61,5382024

Highlighted filing

2024

Assets$61,538
Liabilities$0
Net Assets$61,538
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2022: $145,879Expenses 2022: $25,240Net Income 2022: $120,6392022Revenue 2024: $153,510Expenses 2024: $272,723Net Income 2024: -$119,2132024

Highlighted filing

2024

Revenue$153,510
Expenses$272,723
Net Income-$119,213
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$61,538
Liabilities
$0
Net assets
$61,538
Revenue
$153,510
Expenses
$272,723
Net income
-$119,213
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$1.54$2.73$1.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.00$1.21$1.46$0.25$1.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$153,510
Mission and Program Overview

Mission

The Dime Community Bank Foundation provides support to local charities that enhance the quality of life and strengthen communities on Long Island and New York City.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$180,751$61,538▼ $119,213
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$180,751$61,538▼ $119,213
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$180,751$61,538▼ $119,213
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$180,751$61,538▼ $119,213
Total Liabilities and Net Assets / Fund Balance$180,751$61,538▼ $119,213
Compensation and Service Providers
Top Officer Pay92nd percentile

Board Members and Trustees

NameTitle
Steven MileyChairman of Board and President
Christopher PorzeltBoard Member
Stuart LubowBoard Member
Avinash ReddyBoard Member and Treasurer CFO
Judy WuGeneral Counsel
Revenue and Support

Revenue Composition

Contributions and Grants
$153,510
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$153,510
Change in Net Assets
$-119,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$224,938
Grants and Similar Amounts Paid$47,785
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$224,938$0$0$224,938
Grants to Domestic Orgs$47,785--$47,785
Total Functional Expenses$272,723$0$0$272,723
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Marty Lyons FoundationCommack, NY501(c)(3)To help fulfill the wishes of children ages three to seventeen who have been diagnosed as having terminal or life-threatening illnesses$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

“Form 990 has been distributed to the Board for review. Form 990 was presented and to the President of the Board and walked through each answer.”

Part VI, Line 12C

“Disbursements are made through the accounts payable system which require review and approval before money is distributed. The Board is made aware of charitable disbursements at the recurring Board meetings.”

Part VI, Line 19

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Dime Community Bank Foundation
EIN
88-2297121
In Care Of
% STEVEN MILEY
Phone
6315371000
Address
898 VETERANS MEMORIAL HWY, HAUPPAUGE, NY 11788-2955

Signing Officer

Name
Elizabeth Digangi
Title
Chief Accounting Officer
Signed
2025-05-13

Organization Details

Principal Officer
Steven Miley
Formed
2022
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
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