Public Charity

Local Development Corp of East New York

Based in Brooklyn, NY, Local Development Corp of East New York operates as a Public Charity. The organization reported $659K in revenue, $631K in expenses, $490K in total assets for fiscal year 2025. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $80K.

EIN: 112556667 Brooklyn, NY Latest filing: 2025
Total Revenue$659K
Total Expenses$631K
Total Assets$490K
Grant Records3
Funding Total$80K
Filing Years2021–2025

Mission

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

Officers & Directors

Board Member Brad Faden
Vice Chair Kim Council
Chair Priscilla Frey - Incorvaia
Secretary/Treasurer Stephen Genovese
Executive Director William Wilkins

Officer compensation and complete director data available with membership.

Top Grant Purposes

SEE PART IV
$35,000 1 grant
COMMUNITY DEVELOPMENT
$25,000 1 grant
GENERAL SUPPORT
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $659K $631K $490K
2024 $705K $708K $280K
2023 $784K $819K $410K
2022 $724K $722K $774K
2021 $500K $557K $257K

Between 2021 and 2025, reported annual revenue grew from $500K to $659K (+32%), with total assets most recently reported at $490K.

Interactive year-over-year charts and full filing details available with membership.

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