Public Charity

CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION

Based in BROOKLYN, NY, CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $33.1M in revenue, $25.2M in expenses, $54.3M in total assets for fiscal year 2025. Imperigo tracks 112 reported grant relationships connected to this organization totaling approximately $18.4M.

EIN: 112683663 BROOKLYN, NY Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$33.1M
Total Expenses$25.2M
Total Assets$54.3M
Grant Records112
Funding Total$18.4M
Filing Years2021–2025

Mission

WITH COMMUNITY RESIDENTS LEADING THE WAY, THE MISSION OF CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (CHLDC) IS TO BUILD A STRONG SUSTAINABLE CYPRESS HILLS AND EAST NEW YORK, WHERE YOUTH AND ADULTS ACHIEVE EDUCATIONAL AND ECONOMIC SUCCESS, SECURE AFFORDABLE HOUSING AND DEVELOP LEADERSHIP SKILLS TO TRANSFORM THEIR LIVES AND COMMUNITY. WE ALSO PROMOTE POLICIES THAT PROMOTE RACIAL EQUITY.

Where $100 goes at Cypress Hills Local Development Corporation

How Cypress Hills Local Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$84 Programs the work itself
$14 Management running the organization
$2 Fundraising raising the next dollar

Inside the $84 for programs

$37
Youth and human services the Cypress Hills Local Development Corporation (chldc) served 6,751 young people children in high quality, comprehensive afterschool and summer camp programming, college success and…
45% of program spending · Reported in the filing: 6,751 people; 1,527 youth; 245 students
$17
Career & education, small business support and community organizing - chldc served 1,378 residents and small businesses through our career & education programs in fy25 which includes the…
20% of program spending · Reported in the filing: 1,378 residents; 196 participants; 31 members
$10
Community development, housing counseling & advocacy and community center our beautiful and spacious new community center enables us to grow our workforce development, college success, small business services…
12% of program spending · Reported in the filing: 871 people; 50 adults; 2,808 members

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
LOANS, GRANTS AND RESOURCE DEVELOPMENT
$45,000
2025
GENERAL SUPPORT
$37,000
2024
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
$350,000
2024
CHANGE CAPITAL FUND - CHANGE CAPITAL FUND THE CHANGE CAPITAL FUND (CCF) IS A COLLABORATION OF PHILANTHROPIC FOUNDATIONS AND FINANCIAL INSTITUTIONS THAT POOL FUNDS TO INVEST IN COMMUNITY DEVELOPMENT EFFORTS ACROSS NEW YORK CITY. CCF BEGAN FUNDING COMMUNITY DEVELOPMENT CORPORATIONS TOWARDS THE GOAL OF MORE EFFECTIVELY REDUCING PERSISTENT AND CHRONIC POVERTY. EACH PARTICIPATING NONPROFIT ORGANIZATION WILL BE FUNDED OVER FOUR YEARS AND RECEIVE TECHNICAL ASSISTANCE SUPPORT TOWARDS THE GOAL OF BUILDING INTERNAL CAPACITY FOR MULTI-DISCIPLINARY PRACTICES AND IMPROVED OUTCOMES TRACKING SYSTEMS, AND DEVELOPING MORE EFFECTIVE BUSINESS MODELS.
$170,389

Showing up to 5 of 112 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Aidan Lanigan
BOARD MEMBER Alexis Sanchez
BOARD MEMBER Amory Sanchez
BOARD MEMBER Crystal Lopez
DEPUTY DIRECTOR Emily N Van Ingen
DIVISION DIRECTOR OF YFS Erica N Oquendo

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$8,875,000 4 grants
General Support
$4,139,034 51 grants
Mental Health & Substance Abuse
$1,537,789 12 grants
Economic Development
$1,001,764 6 grants
Research & Policy
$380,376 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $33.1M $25.2M $54.3M
2024 $28.5M $20.6M $46.7M
2023 $18.9M $18.2M $37.2M
2022 $19.2M $16.4M $22.9M
2021 $16.1M $13.4M $20.4M

Between 2021 and 2025, reported annual revenue grew from $16.1M to $33.1M (+106%), with total assets most recently reported at $54.3M.

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

See the full picture for CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION

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