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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building The Local Development Corporation of Crown Heights

The Local Development Corporation of Crown Heights

Fiscal year ending 2024. Filed on November 13, 2025.

230 Kingston Avenue
Brooklyn, New York 11213

The Local Development Corporation of Crown Heights (EIN: 11-2890302) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Local Development Corporation of Crown Heights, a 501(c)(3) charitable organization, reported compensation for 4 out of 5 total employees. Among the employees shown here, the average compensation is $143,495. The highest compensated employee at The Local Development Corporation of Crown Heights is Val Henry with fiscal year 2024 compensation of $203,098. The Local Development Corporation of Crown Heights changed its name from The Local Dev Corp. of Crown Heights in 2017.

Revenue, expenses, and employee compensation

Revenue

$3,068,979

Expenses

$1,697,699

Employee compensation

$690,955
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Val Henry
President and Chief Executive Officer
$203,098
$195,500 No related comp$7,598
Carmen Martinez
Office Manager/Outreach DI
$133,126
$131,593 No related comp$1,533
Fred Osias
Senior Account Manager
$119,308
$103,616 No related comp$15,692
Nany Ramos
ASST Office Manager
$118,449
$118,449 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Allyson Franklin, Esq
Member
Charles E Thomas
Chair
Cory Sargeant
Treasurer PRO TEM
Kenneth L Pyle Sr
Member
Kenneth Laidlow
Member
Michael Bailey, Esq
Member
Mildred Smith
Member
Steve Cromity Sr
Member
Victoria Powe-Bittle
Member
Von Joseph
Member

Contractors

Cnorm Associates Inc.
Consulting
$126,444

Mission Statement

THE LOCAL DEVELOPMENT CORPORATION OF CROWN HEIGHTS, INC. ("LDCCH") WAS ORGANIZED IN NOVEMBER 1987 AS A NOT-FOR-PROFIT CHARITABLE CORPORATION WHOSE PURPOSE WAS TO RELIEVE AND REDUCE UNEMPLOYMENT, INTER ALIA, AND WAS LATER AMENDED TO INCLUDE PROVIDING HOUSING ACCOMMODATIONS TO PERSONS AND FAMILIES OF LOW INCOME, AS WELL AS OPERATING CERTAIN PROGRAMS TO SUPPORT THE SURROUNDING COMMUNITY.

Revisions to this organization profile

November 13, 2025:
2024 The Local Development Corporation of Crown Heights 990 filed
January 14, 2025:
Amended (originally filed November 15, 2024)2023 The Local Development Corporation of Crown Heights 990 filed
November 14, 2023:
2022 The Local Development Corporation of Crown Heights 990 filed

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