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Organizations Commonwealth Local Development Corp CLDC

Commonwealth Local Development Corp CLDC

Fiscal year ending 2024. Filed on May 15, 2025.

361 West 125th Street
New York, New York 10027

Commonwealth Local Development Corp CLDC (EIN: 13-2938457) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Commonwealth Local Development Corp CLDC, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $243,321. The highest compensated employee at Commonwealth Local Development Corp CLDC is Joseph Tait with fiscal year 2024 compensation of $425,000.

Revenue, expenses, and employee compensation

Revenue

$1,800,974

Expenses

$2,045,172

Employee compensation

$400,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Tait
Board Member
$425,000
$42,500 $382,500 No other comp
E Hamil Douglas
President
$248,285
$74,486 $173,799 No other comp
Suzanne Hurley
Vice President
$161,974
$8,099 $153,875 No other comp
Ayesha Codrington
Finance Director
$138,026
$37,957 $100,069 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Ashli Gibbs
Board Member
Curtis Archer
Board Member
Erik Chiette
Secretary
Michael Johnson
Board Member
Sharon E Joseph
Vice Chair
Zevilla Jackson-Preston
Board Chair

Mission Statement

To stimulate overall economic development of the Harlem Community through the creation of enterprises, generation of jobs and improvement of services.

Revisions to this organization profile

May 15, 2025:
2024 Commonwealth Local Development Corp CLDC 990 filed
May 15, 2024:
2023 Commonwealth Local Development Corp CLDC 990 filed
May 16, 2023:
2022 Commonwealth Local Development Corp CLDC 990 filed

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