AI Summary
The Local Development Corp of East New York is dedicated to empowering low-to-moderate income women and minorities through economic development programs that promote economic sufficiency and asset building. With an operating budget of $689.4K and total revenue of $632.2K for the filing year 2024, the organization collaborates with local businesses to enhance industry retention and growth. Key funders include Silicon Valley Community Foundation, THE BLACKBAUD GIVING FUND, and THE ANDREW W MELLON FOUNDATION, among others, none of which provide over 50% of the organization's revenue.
Mission Statement
The mission of LDCENY is to empower low-to-moderate income women and minorities with programs that promote economic sufficiency, build assets and improve their lives and those of their families. LDCENY works with local businesses to retain and build industry and
Cause Areas
1
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is Local Development Corp of East New York’s budget?
In 2024, Local Development Corp of East New York reported an annual operating budget of around $689 thousand. More detailed financial information is available to registered users.
What causes does Local Development Corp of East New York support?
Local Development Corp of East New York supports work in Economic development.
Where does Local Development Corp of East New York operate?
Local Development Corp of East New York is headquartered in Brooklyn, NY.
Who funded Local Development Corp of East New York recently?
In 2024, Local Development Corp of East New York received grants from LOCAL INITIATIVES SUPPORT CORPORATION, THE BLACKBAUD GIVING FUND, and THE ANDREW W MELLON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Local Development Corp of East New York received in 2024?
The largest grant to Local Development Corp of East New York in 2024 exceeds $35 thousand.
What is Local Development Corp of East New York’s reliance on government grants?
Local Development Corp of East New York relied on government grants for more than 25% of their total revenue in 2024.