Public Charity

LIA FOUNDATION INC

LIA FOUNDATION INC is a nonprofit organization categorized as Public Charity based in MELVILLE, NY. Its most recent IRS filing (2024) reports revenue of $350K, expenses of $371K, total assets of $32K. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $50K.

EIN: 113539717 MELVILLE, NY Research Institutes & Public Policy Analysis NTEE: S05 Latest filing: 2024
Total Revenue$350K
Total Expenses$371K
Total Assets$32K
Grant Records4
Funding Total$50K
Filing Years2019–2024

Mission

(SEE SCHEDULE O)THE LIA FOUNDATION AIMS TO IMPLEMENT PROGRAMS, HOLD EVENTS, AND CONDUCT RESEARCH THAT FOCUS ON AREAS CRITICAL TO LONG ISLAND'S ECONOMIC DEVELOPMENT, INCLUDING:- SUPPORTING SMALL BUSINESSES- PROTECTING LONG ISLAND'S MOST VULNERABLE RESIDENTS IN NEED - ENCOURAGING WORKFORCE TRAINING TO SUPPORT EMPLOYERS AND THEIR EMPLOYEES- CULTIVATING INNOVATIONTHE FOUNDATION SOLICITS GRANTS AND CONTRIBUTIONS FOR PROJECTS THAT BENEFIT LONG ISLAND. THIS INCLUDES, BUT IS NOT LIMITED TO, GRANTS THAT WOULD IMPLEMENT PROGRAMS TO FURTHER THE LIA'S PRIORITIES TO SUPPORT ECONOMIC GROWTH ON LONG ISLAND, SUCH AS SMALL BUSINESS SUPPORT. THE FOUNDATION PROVIDED $ 370,875 IN SUPPORT TO THE LONG ISLAND ASSOCIATION IN CALENDAR YEAR 2024.

Where $100 goes at Lia Foundation Inc

How Lia Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
During 2024, the foundation released $370,875 of grants and sponsorships to support various long island association ("lia") programs.In 2024, the foundation received generous support for its initial l.O.C.A.L
All program spending · Reported in the filing: 50 businesses
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Dr Chris Rosa
CHAIRMAN Lawrence Waldman
PRESIDENT & CEO OF LIA Matthew Cohen Esq
CFO Michelle Byrne
DIRECTOR Neela Mukherjee Lockel
DIRECTOR Paule T Pachter

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$30,000 3 grants
General Support
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $350K $371K $32K
2023 $88K $83K $377K
2022 $28K $70K $35K
2020 $156K $154K $84K
2019 $189K $170K $74K

Between 2019 and 2024, reported annual revenue grew from $189K to $350K (+85%), with total assets most recently reported at $32K.

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

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