New York · Nonprofit
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (New York) receives grants from 72 organizations whose IRS filings report $30,021,329 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($8,100,000). 56 of them have funded it in more than one year.
- Revenue FY2025
- $33M
- Funders on record
- 72
- Grants received
- $30M
- Net assets
- $28M
What Cypress Hills Local Development Corporation does
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.
As stated on its FY2025 Form 990.
Programs
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 persistence services, our beacon school-based community centers and our middle school student success center in fy25. In our afterschool programs we engaged young people in nutritious meals, field trips, homework help, evidence-based literacy building programming, arts and cultural activities, recreation and sports and community service. Our organization has implemented several strategies to strengthen the social and emotional competencies of our youth. At our beacon school-based community centers at jhs 218 and ps 214 we served 1,527 youth and adults with education, recreation and leadership development programs, including our counselors in training initiative which is the first rung our internal ladders of leadership which enhances the leadership skills of our youth and trains them for careers in youth development at our organization. In fy25 our middle school student success center (msssc) educated 245 middle school students about the high school choice process and its…
$9,821,062 spentof which $105,960 as grants$1,488,196 earned by the program51% of program spendingCareer & 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 summer youth employment program and sector specific job training programs, in high growth employment sectors: transportation, it, and construction skills. Last year, 196 workforce development program participants gained an industry recognized credential and 159 secured employment at an average wage of $21 an hour. Chldc also provided organizing support to the cypress hills business partners merchants association that successfully won the city's approval to establish a business improvement district in the neighborhood. This designation enables small businesses and property owners on the commercial corridor to tax themselves at slightly higher rates and use the funds to offer supplemental safety, sanitation and promotional services. In fy25 we continue to expand our community kitchen at our community center. The state-of-the-art industrial kitchen is a small business incubator with 31 members. We are providing start-up caterers, bakers and restaurateurs with a modern production kitchen as well as…
$4,498,681 spentof which $199,659 as grants23% of program spendingCommunity 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 and public benefits enrollment work in east new york. We were able to offer sports and recreation classes for 871 young people and adults and sustain a silver saturdays program for 50 older adults providing computer classes, recreation and a nutritious meal. Chldc made progress on a robust pipeline of affordable housing development and preservation projects, which are in the pre-development phase and getting closer to construction loan closings. We partnered with the eny community land trust to organize residents of a long forgotten part of the community known as the hole which lacks basic infrastructure, floods frequently and attracts dumping. The two organizations have engaged residents, elected officials and government representatives to plan for massive infrastructure upgrades and the future of the area. Our organization, along with the pratt center and impacct brooklyn also launched an energyfit initiative to retrofit and electrify small homes in the community. Chldc…
$2,589,843 spent13% of program spendingUnited community centers in fy25, chldc welcomed the staff, several former board members and the programs of a sister settlement house, united community centers (ucc) to the Cypress Hills Local Development Corporation family. Through a legal merger, the former independent not-for-profit organization, ucc is now a division of chldc. We have retained ucc's staff and services and are deepening our collective impact and reach across east new york. We now run an early learning center for 60 toddlers and preschoolers. The child care center creates a learning environment that represents the diversity of our city and teaches children to live with one another and develop an understanding of themselves and of their world. We serve young children, ages 2 to 5 years with school day and extended day licensed child care and nutritious meals. We design exciting and cultural authentic learning environments, use standards-based instructional strategies and assessment tools. Another former ucc initiative that chldc now offers is protecting the east (pte), a peer leadership sexual health education and reproductive justice program. Pte promotes healthy relationships among youth and young adults in…
$2,523,201 spent13% of program spendingCollege success programs - chldc runs a suite of programs that support young people in east new york in aspiring to college, applying to college and financial aid, matriculating into college and persisting until graduation. In fy25, we provided college access and persistence services to 2,474 high school and college students across two school-based student success centers (ssc) and our community-based college steps office. We provide early awareness groups, college knowledge workshops, in-person college trips, one on one intensive admissions counseling, essay writing help, financial aid help and support around selecting the "best fit" college. Through our college persistence program, we worked with 1,320 college students to transition into higher education, select courses and majors, secure academic and other support services on their college campuses, navigate oftentimes-bureaucratic systems and transfer from community colleges to four-year institutions as appropriate.
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $19,432,787.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $23M to $37M (+63%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 73% · 2018 77% · 2019 81% · 2020 76% · 2021 62% · 2022 69% · 2023 74% · 2024 50% · 2025 54%. Grants only. Government contracts and fees sit inside program revenue.
93% of CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Michelle Neugebauer
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 19 funders to 36 funders, grant income rose $1.5M → $2.6M.
12 of 72 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 31% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 72 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 27% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
62% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 28% · 2018 30% · 2019 25% · 2020 19% · 2021 24% · 2022 26% · 2023 13% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
63% of CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 78% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
72% of CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $9.5M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 366 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 366 community improvement nonprofits $10M–$100M, FY2025
Government funding CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.3M on record.
- Department of Education$2.5M
- Department of Labor$1.5M
- Department of Agriculture$300k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 30 related entities
- Cypress Restore LLC · disregarded
- Arlington Apartments Housing Development Fund Corporation · exempt
- Chestnut Commons Housing Development Fund Corporation · exempt
- Cypress Community Housing Development Fund Corporation · exempt
- Cypress Hills Child Care Corporation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION?
- CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION (New York) receives grants from 72 organizations whose IRS filings report $30,021,329 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($8,100,000). 56 of them have funded it in more than one year.
- How many funders does CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION have?
- IRS filings report 72 organizations giving $30,021,329 in grants to CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION, 56 of which have funded it in more than one year.
- Who is the largest funder of CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $8,100,000 in grants. The full list of funders is on this page.
- How can an organization like CYPRESS HILLS LOCAL DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Cypress Hills Local Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 72 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing