Commonwealth Local Development Corp Cldc FY2020 filing
Builds community economic development projects for public benefit. For fiscal year 2020 it reported $1.2M in revenue, $1.6M in expenses, and $10.4M in net assets.Pt I
- Founded
- 1977
- Type
- Public charity (501(c)(3)) · Nonprofit
- Location
- New York, NY
- Website
- www.harlemcommonwealth.org
- Filings
- 5 on file (2020–2020)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 |
|---|---|---|---|
| E Hamil Douglas | $123,244 | $74,486 | $70,601 |
| Ayesha Codrington | $69,648 | $37,957 | $33,422 |
| Joseph Tait | $31,250 | $42,500 | — |
| Terri-Ann Smith | $36,452 | — | — |
| Andre Simon | $35,778 | — | — |
| Joseph L Tait | — | — | $35,000 |
| Suzanne Hurley | — | $8,099 | $32,325 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
CLDC is a local development corporation that manages local development projects in harlem and surrounding communities. The portfolio of projects includes retail and commercial developments which have been critical in the economic development of the locals of harlem economy.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 17% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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