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Local Initiatives Support Corporation

Public charityFed auditsIRS 990
DBA: % LILY LIM
Community Development · NEW YORK, NY · EIN 13-3030229

About

Together with residents and partners, the organization forges resilient and inclusive communities of opportunities across america - great places to live, work, visit, do business and raise families.

In care of LILY LIM

Donations are tax-deductible
Category
Community Development
Employees
987
Volunteers
20

Financial Snapshot

FY ending 2024-12-31
Revenue
$363.9M
Expenses
$344.5M
Assets
$1.6B
Liabilities
$1.1B

Financial history

$363.9M$181.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $363.9M · Avg: $233.6M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
—
Lobbying
$447K
Grants Given
—
LOCAL INITIATIVES SUPPORT CORPORATION
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Address

28 Liberty ST 34TH FL
New YORK, NY, 10005-152

Governance

Voting board members21
Independent members19
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Retained by contractors$232K
ChannelsMail · Phone · Email · In-person · Grant solicitation
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.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.