2025-11-10T14:00:37-06:00 2024-12-31 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-01-01 463687876 LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INS LONG 6314354710 180 OSER AVENUE 800 HAUPPAUGE NY 11788 PETER ELKOWITZ PRESIDENT 6314354710 2025-10-20 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2025-10-20 2024 2025-03-06 01:10:19Z PETER ELKOWITZ 180 OSER AVENUE 800 HAUPPAUGE NY 11788 12863 0 X LIHP.ORG X 2013 NY TO LESSEN THE BURDENS OF GOVERMENT AND ENHANCE THE WELL-BEIGN OF COMMUNITIES BY INCREASING THE SUPPLY OF NEWLY CONSTRUCTED AND REHABILITATED RESIDENCES (HOMEOWNERSHIP AND/OR RENTAL) FOR COMMUNITY AND REDEVELOPMENT PROGRAMS. THESE PURPOSES ARE INTENDED TO BE MET PRIMARILY THROUGH THE ISSUANCE OF CONSTRUCTION, PREDEVELOPMENT AND PERMANENT FINANCING LOANS AND ANCILLARY DEVELOPMENT SERVICES FOR THE DEVELOPMENT OF AFFORADABLE HOUSING IN ELIGIBLE TARGET MARKETS (INVESTMENT AREAS WITH POVERTY RATES OF AT LEAST 20%) IN NASSAU AND SUFFOLK COUNTIES, NEW YORK. 6 4 0 4 0 0 200000 0 23347 12863 0 0 0 0 223347 12863 0 0 0 0 0 0 0 0 0 15898 9605 15898 9605 207449 3258 1423351 1426626 325117 325134 1098234 1101492 X LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, INC. (LIHPCDFI) WAS CREATED TO LESSEN THE BURDENS OF GOVERNMENT AND TO ENHANCE THE WELL-BEING OF COMMUNITIES BY INCREASING THE SUPPLY OF NEWLY CONSTRUCTED AND REHABILITATED RESIDENCIES (HOMEOWNERSHIP AND/OR RENTAL) FOR COMMUNITY AND REDEVELOPMENT PROGRAMS. THESE PURPOSES ARE INTENDED TO BE MET PRIMARILY THROUGH THE ISSUANCE OF CONSTRUCTION, PREDEVELOPMENT AND PERMANENT FINANCING LOANS AND ANCILLARY DEVELOPMENT SERVICES FOR THE DEVELOPMENT OF AFFORADABLE HOUSING IN ELIGIBLE TARGET MARKETS (INVESTMENT AREAS WITH POVERTY RATES OF AT LEAST 20%) IN NASSAU AND SUFFOLK COUNTIES, NEW YORK. 0 0 7155 12863 LOANS WERE MADE TO ONE DEVELOPER, BEGINNING IN 2016, TO HELP FINANCE THE ISLIP IX DEVELOPMENT. THIS DEVELOPMENT IS CURRENTLY OWNED BY AND HELD IN NAME OF THE NASSAU SUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, INC., AN AFFILIATE ENTITY. 7155 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X ANDREW BENTIVEGNA DIRECTOR OF FINANCE 6314354710 180 OSER AVENUE HAUPPAUGE NY 11788 ANTHONY ESERNIO TREASURER 0.10 0.50 X X 0 0 0 ELENA DUNDON SECRETARY 0.10 0.50 X X 0 0 0 JAMES BRITZ EXECUTIVE VICE PRESIDENT & COO 1.00 44.00 X X 0 253571 66592 KEVIN S LAW ESQ CHAIRMAN 0.10 0.90 X X 0 0 0 PETER ELKOWITZ PRESIDENT & CEO 1.00 49.00 X X 0 349855 57551 STEVEN F PHILBIN VICE CHAIRMAN 0.10 0.50 X X 0 0 0 ANDREW BENTIVEGNA DIRECTOR OF FINANCE 1.00 44.00 X 0 24213 0 JILL ROSEN-NIKOLOFF SENIOR V.P., GENERAL COUNSEL & CCO 1.00 44.00 X 0 197453 12772 VALERIE CANNY CHIEF FINANCIAL OFFICER (OUTGOING) 1.00 44.00 X 0 134633 4697 0 959725 141612 0 0 1 0 0 LOAN PORTFOLIO INTERES 525990 12863 12863 12863 12863 12863 0 0 3378 2072 1306 116 116 938 938 5083 5083 90 90 9605 7155 2450 0 403469 409388 512503 512658 420 1462 453483 453483 13 53476 49622 1423351 1426626 100 117 250000 250000 75017 75017 325117 325134 X 1098234 1101492 1098234 1101492 1423351 1426626 3258 0 X X 0 1 X 1 0 X 30000 200000 230000 22122 15231 14511 23347 12863 88074 22122 15231 44511 223347 12863 318074 0 0 0 318074 22122 15231 44511 223347 12863 318074 1.00000 1.00000 0.00000 X 0 GRANT ADVANCE 75017 75017 X 5791351 5778488 5778488 12863 0 12863 5978167 5968562 5968562 9605 0 9605 PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023 IN ACCORDANCE WITH FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 8,913,711. CONSOLIDATING ELIMINATIONS -3,135,223. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 9,103,785. CONSOLIDATING ELIMINATIONS -3,135,223. 0 0 0 0 0 0 0 0 0 PETER ELKOWITZ PRESIDENT & CEO 0 291256 0 55000 0 3599 0 20289 0 37262 0 407406 0 0 JAMES BRITZ EXECUTIVE VICE PRESIDENT & COO 0 196025 0 45000 0 12546 0 13206 0 53386 0 320163 0 0 JILL ROSEN-NIKOLOFF SENIOR V.P., GENERAL COUNSEL & CCO 0 182453 0 15000 0 0 0 12772 0 0 0 210225 0 0 PART I, LINE 3 THE COMPENSATION FOR THE PRESIDENT & CEO IS ESTABLISHED BY THE RELATED ENTITY LONG ISLAND HOUSING PARTNERSHIP. SCHEDULE J, PART II, COLUMN B(III): PETER J. ELKOWITZ JR., PRESIDENT/CEO AND JAMES BRITZ, EXEC. VP/COO RECEIVED AUTO ALLOWANCE AND IT IS REPORTED IN COLUMN B(III). FORM 990, PART I, LINE 6 LIHPCDFI UTILIZES THE SERVICES OF MANY EXPERTS AND PROFESSIONAL VOLUNTEERS WHO GENEROUSLY DONATE THEIR EXPERTISE TO SUPPORT PROGRAM AND ADMINISTRATIVE NEEDS. VOLUNTEERS INCLUDE UNCOMPENSATED BOARD OFFICERS AND BOARD DIRECTORS, WHOSE CHIEF FUNCTION IS TO ADVANCE THE ORGANIZATION'S MISSION, AND PROVIDE ORGANIZATIONAL OVERSIGHT, SUPPORT, AND DIRECTION. BOARD OFFICERS AND DIRECTORS MEET PERIODICALLY TO DISCUSS AND VOTE ON THE AFFAIRS OF THE ORGANIZATION. MANY BOARD OFFICERS AND DIRECTORS ALSO VOLUNTEER ADDITIONAL TIME SERVING ON VARIOUS BOARD COMMITTEES. FORM 990, PART VI, SECTION A, LINE 6 LONG ISLAND HOUSING PARTNERSHIP, INC. (LIHP), ACTING THROUGH ITS BOARD OF DIRECTORS, OR EXECUTIVE COMMITTEE, IS THE SOLE CORPORATE MEMBER OF LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, INC.'S (LIHPCDFI). FORM 990, PART VI, SECTION A, LINE 7A EACH DIRECTOR SHALL BE ELECTED BY THE MEMBER AT THE ANNUAL MEETING. DIRECTORS SHALL HOLD OFFICE UNTIL THE NEXT SUCCEEDING ANNUAL MEETING UNTIL THEIR SUCCESSORS HAVE BEEN ELECTED AND QUALIFIED. NEWLY ELECTED DIRECTORSHIPS AND ANY EXISTING VACANCIES IN THE BOARD OF DIRECTORS, INCLUDING VACANCIES RESULTING FROM THE REMOVAL OF DIRECTORS FOR CAUSE, MAY BE FILLED BY THE AFFIRMATIVE VOTE OF THE MAJORITY OF THE DIRECTORS THEN IN OFFICE, ALTHOUGH LESS THAN A QUORUM EXISTS OR BY THE SOLE REMAINING DIRECTOR. A DIRECTOR ELECTED TO FILL A VACANCY CAUSED BY RESIGNATION, DEATH OR REMOVAL SHALL BE ELECTED TO HOLD OFFICE FOR THE UNEXPIRED TERM OF HIS PREDECESSOR. FORM 990, PART VI, SECTION A, LINE 7B ANY DIRECTOR MAY BE REMOVED FOR CAUSE BY VOTE OF THE MEMBER OR BY VOTE OF THE DIRECTORS PROVIDED THAT A QUORUM IS PRESENT AT THE TIME SUCH ACTION IS TAKEN. ALL OF THE DIRECTORS MAY BE REMOVED WITHOUT CAUSE BY VOTE OF THE MEMBER. THE BY-LAWS OF LIHPCDFI MAY HE AMENDED OR REPEALED BY THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED AND APPROVED BY SENIOR MANAGEMENT AND THE TREASURER, AN INDEPENDENT MEMBER OF THE BOARD OF DIRECTORS. A FULL COPY OF THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, INC.'S (LIHPCDFI) CONFLICT OF INTEREST POLICY IS OVERSEEN AND ADMINISTERED BY ITS AUDIT COMMITTEE. LIHPCDFI ASKS ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES TO COMPLETE A QUESTIONNAIRE, WHICH REQUIRES DISCLOSURE OF ANY CONFLICTS OF INTEREST THAT WOULD IMPACT THEIR DUTIES AND RESPONSIBILITIES TO LIHPCDFI. THIS IS TO BE COMPLETED BY ALL INCOMING OFFICERS, DIRECTORS, REPRESENTATIVES OF DIRECTORS (AT BOARD MEETINGS) AND KEY EMPLOYEES, PRIOR TO COMMENCEMENT OF SERVICE, AND IS TO BE UPDATED ON AN ANNUAL BASIS. AT THE BEGINNING OF THE YEAR, ALL INDIVIDUALS MUST ALSO DISCLOSE CONFLICTS OR POTENTIAL CONFLICTS IMMEDIATELY. RECORDS OF THE COMPLETED QUESTIONNAIRES ARE KEPT BY MANAGEMENT. ALL CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD OF DIRECTORS, WHO MUST: 1) APPROVE, IN ADVANCE, THAT THE REPORTED RELATED PARTY TRANSACTION IS FAIR, REASONABLE AND IN THE BEST INTEREST OF THE ORGANIZATION. ANY MEMBER OF THE BOARD WITH A CONFLICT OF INTEREST DOES NOT PARTICIPATE IN, AND IS NOT PERMITTED TO BE PRESENT DURING, THE VOTING OR DELIBERATIONS. 2) MAKE ITS DECISION IN RELIANCE ON APPROPRIATE DATA AS TO COMPARABLE ARRANGEMENTS TO THE EXTENT THEY ARE AVAILABLE. 3) ADEQUATELY DOCUMENT ITS DECISION AND DELIBERATIONS IN THE CORPORATE RECORDS. FORM 990, PART VI, SECTION C, LINE 19 LIHPCDFI'S CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. A CONDENSED VERSION OF THE AUDITED COMBINED FINANCIAL STATEMENTS, WITH AUDITOR'S OPINION, IS PUBLISHED IN THE ANNUAL REPORT OF LONG ISLAND HOUSING PARTNERSHIP, INC. (LIHP). ANNUAL REPORTS, AS WELL AS FULL VERSIONS OF THE MOST RECENT YEAR'S AUDITED COMBINED FINANCIAL STATEMENTS, ARE AVAILABLE ON LIHP'S WEBSITE AT WWW.LIHP.ORG. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LI PARTNERSHIP COMMUNITY DEV CORP 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 113415840 AFF HSG DV NY 501(C)(3) LINE 7 N/A 0 LONG ISLAND HOUSING PARTNERSHIP INC 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 112889068 AFF HSG DV NY 501(C)(3) LINE 7 N/A 0 NASSAUSUFFOLK PARTERNSHIP HDFC INC 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 113360966 AFF HSG DV NY 501(C)(3) LINE 7 N/A 0 LI PARTNERSHIP HSNG DEV FUND CO INC 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 112911043 AFF HSG DV NY 501(C)(3) LINE 7 N/A 0 CMTY DEV AND DISASTER RELIEF CORP 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 462861979 AFF HSG DV NY 501(C)(3) LINE 10 N/A 0 LI PARTNERSHIP CLT HSNG DEV FUND COMPANY INC 180 OSER AVENUE 800 HAUPPAUGE NY 11788 814188947 AFF HSG DV NY 501(C)(3) LINE 7 N/A 0 LI SNR CITIZEN HSNG BROADWAY WEST 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 113504473 DEV RNT UN NY N/A C 0 LI SENIOR HSNG AT MEDFORD LANDING 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 113590300 DEV RNT UN NY N/A C 0 HG HOUSING DEVELOPMENT FUND CO INC 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 472286341 DEV RNT UN NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0