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Local Development Corporation of Crown Heights INC

Public charity
DBA: OF CROWN HEIGHTS
Community Development · BROOKLYN, NY · EIN 11-2890302

About

The local development corporation of crown heights, INC. ("ldcch") was organized in november 1987 as a not-for-profit charitable corporation whose purpose was to relieve and reduce unemployment, inter ALIA, and was later amended to include providing housing accommodations to persons and families of low income, as well as operating certain programs to support the surrounding community.

DBA Of Crown Heights

Donations are tax-deductible
Category
Community Development
Employees
5
Volunteers
12

Financial Snapshot

FY ending 2023-12-31
Revenue
$1.2M
Expenses
$1.5M
Assets
$12.9M
Liabilities
$3.3M

Financial history

$1.8M$881K$0
1617181920212223
RevenueExpenses
Latest FY2023: $1.2M · Peak FY2019: $1.8M · Avg: $1.1M
LOCAL DEVELOPMENT CORPORATION OF CROWN HEIGHTS INC
Your actions

Address

230 Kingston AVE
Brooklyn, NY, 11213-269

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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