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LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK

Company Details

Name: LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK
Jurisdiction: New York
Legal type: DOMESTIC NOT-FOR-PROFIT CORPORATION
Status: Active
Date of registration: 04 May 1979 (46 years ago)
Entity Number: 554998
ZIP code: 11207
County: Kings
Place of Formation: New York
Address: 100 PENNSYLVANIA AVE., BROOKLYN, NY, United States, 11207

Unique Entity ID

Unique Entity ID Expiration Date Physical Address Mailing Address
YNYLG968TFN5 2025-01-02 80 JAMAICA AVE FL 3, BROOKLYN, NY, 11207, 3162, USA 80 JAMAICA AVENUE, 3RD FLOOR, BROOKLYN, NY, 11207, 2405, USA

Business Information

URL http://www.ldceny.net
Congressional District 07
State/Country of Incorporation NY, USA
Activation Date 2024-01-05
Initial Registration Date 2005-03-29
Entity Start Date 1979-05-04
Fiscal Year End Close Date Jun 30

Points of Contacts

Electronic Business
Title PRIMARY POC
Name WILLIAM WILKINS
Role EXECUTIVE DIRECTOR
Address 80 JAMAICA AVENUE, 3RD FLOOR, BROOKLYN, NY, 11207, 2504, USA
Title ALTERNATE POC
Name CAMILLE NEWMAN
Address 80 JAMAICA AVENUE, 3RD FLOOR, BROOKLYN, NY, 11207, 2504, USA
Government Business
Title PRIMARY POC
Name WILLIAM WILKINS
Role EXECUTIVE DIRECTOR
Address 80 JAMAICA AVENUE, BROOKLYN, NY, 11207, 2405, USA
Title ALTERNATE POC
Name JUAN CARLOS SOTO
Address 80 JAMAICA AVENUE, 3RD FLOOR, BROOKLYN, NY, 11207, 2504, USA
Past Performance Information not Available

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2022 112556667 2024-04-15 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 10
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2021 112556667 2023-04-04 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 10
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045

Signature of

Role Plan administrator
Date 2023-04-04
Name of individual signing WILLIAM WIKINS
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2020 112556667 2022-04-15 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2019 112556667 2021-04-14 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2018 112556667 2020-03-18 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2017 112556667 2019-04-12 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2016 112556667 2018-01-22 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 8
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045

Signature of

Role Plan administrator
Date 2018-01-22
Name of individual signing SHERRY ROBERTS
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2015 112556667 2017-02-06 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 11
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045

Signature of

Role Plan administrator
Date 2017-02-06
Name of individual signing SHERRY ROBERTS
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2015 112556667 2017-02-07 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 11
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045
LOCAL DEVELOPMENT CORP OF EAST NEW YORK RETIREMENT PLAN AND TRUST 2014 112556667 2016-01-15 LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK 10
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2001-05-01
Business code 813000
Sponsor’s telephone number 7183856700
Plan sponsor’s address 80 JAMAICA AVE, FLOOR 3, BROOKLYN, NY, 112072045

Signature of

Role Plan administrator
Date 2016-01-15
Name of individual signing SHERRY ROBERTS
Role Employer/plan sponsor
Date 2016-01-15
Name of individual signing SHERRY ROBERTS

DOS Process Agent

Name Role Address
LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK DOS Process Agent 100 PENNSYLVANIA AVE., BROOKLYN, NY, United States, 11207

Filings

Filing Number Date Filed Type Effective Date
20210226067 2021-02-26 ASSUMED NAME LLC INITIAL FILING 2021-02-26
A781833-6 1981-07-15 CERTIFICATE OF AMENDMENT 1981-07-15
A572530-10 1979-05-04 CERTIFICATE OF INCORPORATION 1979-05-04

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
SBAHQ11W0103 Small Business Administration 59.043 - WOMEN'S BUSINESS OWNERSHIP ASSISTANCE 2010-09-30 2013-09-29 WOMEN'S BUSINESS OWNERSHIP ASSISTANCE-RENEWAL
Recipient LOCAL DEVELOPMENT CORP OF EAST NEW YORK
Recipient Name Raw LOCAL DEVELOPMENT CORP OF EAST NEW YORK
Recipient UEI YNYLG968TFN5
Recipient DUNS 105858369
Recipient Address 80 JAMAICA AVENUE, 3RD FLOOR, BROOKLYN (BOROUGH OF, KINGS, NEW YORK, 11207-2405
Obligated Amount 123367.00
Non-Federal Funding 123367.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
0202400Z007401 Small Business Administration 59.043 - WOMEN'S BUSINESS OWNERSHIP ASSISTANCE 2010-09-30 2011-09-29 WOMEN'S BUSINESS OWNERSHIP ASSISTANCE
Recipient LOCAL DEVELOPMENT CORP OF EAST NEW YORK
Recipient Name Raw LOCAL DEVELOPMENT CORP OF EAST NEW YORK
Recipient UEI YNYLG968TFN5
Recipient DUNS 105858369
Recipient Address 80 JAMAICA AVENUE, 3RD FLOOR, BROOKLYN (BOROUGH OF, KINGS, NEW YORK, 11207-2405
Obligated Amount 119879.00
Non-Federal Funding 119879.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
90EI0218 Department of Health and Human Services 93.602 - ASSETS FOR INDEPENDENCE DEMONSTRATION PROGRAM 2002-09-30 2008-03-31 ASSETS FOR INDEPENDENCE DEMONSTRATION PROGRAM (IDA PROGRAM)
Recipient LOCAL DEVELOPMENT CORP OF EAST NEW YORK
Recipient Name Raw LOCAL DEVELOPMENT CORPORATION OF EAST NEW YOR
Recipient UEI YNYLG968TFN5
Recipient DUNS 105858369
Recipient Address 80 JAMAICA AVE, 0, BROOKLYN, KINGS, NEW YORK, 11207
Obligated Amount 6008.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
11-2556667 Corporation Unconditional Exemption 80 JAMAICA AVE, BROOKLYN, NY, 11207-3162 1979-05
In Care of Name -
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Agricultural Organization, Board of Trade, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Burial Association, Credit Union, Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
Tax Period 2023-06
Asset 100,000 to 499,999
Income 500,000 to 999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Jun
Asset Amount 410211
Income Amount 783742
Form 990 Revenue Amount 783742
National Taxonomy of Exempt Entities -
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name LOCAL DEVELOPMENT CORP OF EAST NEW YORK
EIN 11-2556667
Tax Period 202206
Filing Type E
Return Type 990
File View File
Organization Name LOCAL DEVELOPMENT CORP OF EAST NEW YORK
EIN 11-2556667
Tax Period 201906
Filing Type P
Return Type 990
File View File
Organization Name LOCAL DEVELOPMENT CORP OF EAST NEW YORK
EIN 11-2556667
Tax Period 201806
Filing Type P
Return Type 990
File View File
Organization Name LOCAL DEVELOPMENT CORP OF EAST NEW YORK
EIN 11-2556667
Tax Period 201806
Filing Type P
Return Type 990
File View File
Organization Name LOCAL DEVELOPMENT CORP OF EAST NEW YORK
EIN 11-2556667
Tax Period 201706
Filing Type P
Return Type 990
File View File
Organization Name LOCAL DEVELOPMENT CORP OF EAST NEW YORK
EIN 11-2556667
Tax Period 201606
Filing Type P
Return Type 990
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7212347703 2020-05-01 0202 PPP 80 Jamaica Avenue 3rd Floor, Brooklyn, NY, 11207
Loan Status Date 2021-07-16
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 74400
Loan Approval Amount (current) 74400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 49274
Servicing Lender Name Citibank, N.A.
Servicing Lender Address 5800 S. Corporate Place, Sioux Falls, SD, 57108
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Brooklyn, KINGS, NY, 11207-0001
Project Congressional District NY-07
Number of Employees 5
NAICS code 813910
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 49274
Originating Lender Name Citibank, N.A.
Originating Lender Address Sioux Falls, SD
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 75197.73
Forgiveness Paid Date 2021-06-02

Date of last update: 18 Mar 2025

Sources: New York Secretary of State