CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION
AI Summary
Cypress Hills Local Development Corporation (EIN: 11-2683663) is a nonprofit organization focused on community improvement in East New York, with a mission to build a strong and equitable neighborhood through revitalization efforts. In the 2024 filing year, the organization operates with a budget of $20.5 million and reported total revenue of $28.5 million, relying on multiple funders without a single source contributing 50% or more of its revenue. More information can be found on their website at www.cypresshills.org.
Mission Statement
THE MISSION OF CHLDC IS TO BUILD A STRONG, EQUITABLE EAST NEW YORK BY REVITALIZING THE COMMUNITY.
Cause Areas
1
Community improvement
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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 CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION’s budget?
In 2024, CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION reported an annual operating budget of around $20.5 million. More detailed financial information is available to registered users.
What causes does CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION support?
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION supports work in Community improvement.
Where does CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION operate?
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION is headquartered in Brooklyn, NY.
Who funded CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION recently?
In 2025, CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION received grants from TD CHARITABLE FOUNDATION, EXPANDED SCHOOLS INC, and LEVITT FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION received in 2024?
The largest grant to CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION in 2024 exceeds $8 million.
What is CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION’s reliance on government grants?
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION relied on government grants for more than 50% of their total revenue in 2024.