Long Island Development Corporation
Economic development to assist small businesses and not-for-profit entities with loans and technical assistance.
Key facts about Long Island Development Corporation
- EIN
- 11-2556172
- Latest 990 filing
- Form 990, 2025
- Total assets
- $14,441,914
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$14.4M
-2.5% YoY
Revenue
$420K
-50.1% YoY
Net Investment Income
$56K
+894.5% YoY
Expenses
$1.2M
-8.2% YoY
About Long Island Development Corporation
Based on IRS filings
Long Island Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Hauppauge, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $14.4M in total assets. Net investment income was $56K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $10K (2023) to $30K (2022). In 2024 it made 1 grant totaling $15K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $14,441,914 | $14,809,816 | $14,406,347 |
| Revenue | $419,874 | $841,559 | $623,735 |
| Expenses | $1,213,285 | $1,321,904 | $1,119,140 |
| Net Investment Income | $55,931 | $5,624 | $21,336 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 31, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Long Island Development Corporation is led by Gina Slater Parker, President, CEO & Board Member on every filing since 2019; 1 of 8 officers listed in 2025 is compensated.
Officers on the 2025 filing
Gina Slater Parker
President, CEO & Board Member
On filings since 2019
35 hrs/week
$249K (2019) → $240K (2025)
Diana Weir
Board Member
Vice Chair → Board Member, 2022
On filings since 2019
5 hrs/week
No compensation reported
Domenic Abbatiello
Board Member
On filings since 2019
2 hrs/week
No compensation reported
Isabel Medina
Board Member
Treasurer & Secretary → Board Member, 2022
On filings since 2019
5 hrs/week
No compensation reported
Michael Fields
Board Member
On filings since 2019
2 hrs/week
No compensation reported
Michelle Dibenedetto
Board Member
On filings since 2019
5 hrs/week
No compensation reported
Phil Ballin
Board Member
On filings since 2019
5 hrs/week
No compensation reported
Phyllis Hill Slater
Board Member
Chairman & Board Member → Board Member, 2022
On filings since 2019
10 hrs/week
No compensation reported
Former officers (1)
- Former: Steven Glass (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $240K, to Gina Slater Parker (President/CEO/Board Member).
Frequently asked questions about Long Island Development Corporation
How large is Long Island Development Corporation?
Long Island Development Corporation reported $14.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $420K.
What is Long Island Development Corporation?
Long Island Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Hauppauge, NY. It holds $14.4M in total assets as of 2025.
Where does Long Island Development Corporation operate?
Long Island Development Corporation has awarded grants in New York.
What is Long Island Development Corporation's EIN?
Long Island Development Corporation's EIN (Employer Identification Number) is 11-2556172. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Long Island Development Corporation by hand.
Explore Open Grants
Browse active grant opportunities in Long Island Development Corporation's focus areas in our free grants database
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