2024-11-15T10:34:07-06:00 2023-12-31 113066459 CERINI & ASSOCIATES LLP 3340 VETERANS MEMORIAL HWY BOHEMIA NY 11716 990 2023-01-01 113431263 LONG ISLAND SMALL BUSINESS ASSISTANCE CORP LONG 5164335000 175 ENGINEER ROAD 200 HAUPPAUGE NY 11788 GINA SLATER PARKER PRESIDENT & CEO 5164335000 2024-11-15 1 0 MATT BURKE P00760659 6315821600 2024-11-14 2023 2024-10-15 13:58:12Z GINA SLATER PARKER 175 ENGINEER ROAD 200 HAUPPAUGE NY 11788 27206 0 X HTTP://WWW.LISBAC.ORG X 1998 NY LISBAC IS CERTIFIED BY THE UNITED STATES TREASURY AS A COMMUNITY DEVELOPMENT INSTITUTION (CDFI), AND A COMMUNITY DEVELOPMENT ENTITY (CDE). LISBAC IDENTIFIES AND SERVES THE UNBANKED, UNDERBANKED, SOCIALLY ECONOMICALLY DISADVANTAGED INDIVIDUAL (SEDI) BUSINESS ENTITIES OF THE LONG ISLAND REGION. LISBAC DELIVERS INNOVATIVE FINANCIAL LITERACY, PRIVATE/PUBLIC SECTOR PROCUREMENT SUPPORT, BUSINESS REGISTRATIONS/CERTIFICATIONS, AND SMALL BUSINESS DEVELOPMENT TECHNICAL ASSISTANCE SERVICES TO THE LONG ISLAND BUSINESS MARKET. 8 7 1 21 0 0 10000 15000 4398 12195 11 11 0 0 14409 27206 0 0 0 0 38022 80625 0 0 0 97084 91987 135106 172612 -120697 -145406 293540 651184 6885 509935 286655 141249 LISBAC PROVIDES LOW-COST MICRO-LOANS, SMALL BUSINESS TECHNICAL ASSISTANCE AND PRIVATE/PUBLIC SECTOR PROCUREMENT RESOURCES THAT ALL AID IN INCREASING BUSINESS GROWTH, CAPACITY AND ACCESS TO CAPITAL TO UNDERSERVED TARGET MARKETS. 0 0 104831 12195 BUSINESS CREDIT IMPROVEMENT PROGRAM (BCIP) - A LENDING PROGRAM THAT AIDS SMALL BUSINESSES IN ESTABLISHING BUSINESS CREDIT AND INCREASES THE BUSINESS ENTITY'S BORROWING POTENTIAL. 104831 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X LONG ISLAND SMALL BUSINESS ASSISTANCE 5164335000 175 ENGINEERS ROAD SUITE 200 HAUPPAUGE NY 11788 GINA HILL SLATER PARKER CEO/PRESIDENT 10.00 X X 69000 0 0 MICHELLE DIBENEDETTO BOARD MEMBER 1.00 X 0 0 0 PHYLLIS HILL SLATER FOUNDING CHAIR 1.00 X 0 0 0 DIANA WEIR VICE PRESIDENT 1.00 X X 0 0 0 ISABEL MEDINA TREASURER 1.00 X X 0 0 0 KIT CAFARO SECRETARY 0.00 X X 0 0 0 MICHAEL REED BOARD MEMBER 1.00 X 0 0 0 ANNIE TOM BOARD MEMBER 1.00 X 0 0 0 69000 0 0 0 0 0 0 0 15000 15000 ACCRUED INTEREST INCOM 522291 6943 6943 APPLICATION & COMMITME 522291 3411 3411 LOAN INTEREST INCOME 522291 1841 1841 12195 11 11 27206 12195 0 11 69000 55200 13800 5821 4657 1164 5804 4643 1161 15750 15750 500 500 1256 1256 3518 3518 6685 6685 ADMINISTRATIVE EXPENSES 21200 16960 4240 0 COWORKING 18000 13500 4500 0 BAD DEBTS 12595 0 12595 0 DUES AND SUBSCRIPTIONS 8951 8951 0 0 3532 920 2612 172612 104831 67781 0 217094 582882 58199 59511 8247 1848 10000 6943 293540 651184 3571 3250 3314 500000 0 6685 6885 509935 X 151328 141249 135327 0 286655 141249 293540 651184 -145406 0 X 1 X 0 1 0 X 17000 229500 10000 15000 271500 17000 229500 10000 15000 271500 271500 73 40 18 11 11 153 4398 5252 9650 281303 0.96520 0.99920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ACCRUED INTEREST PAYABLE 6685 6685 X PART X, LINE 2: LISBAC EVALUATED ITS ACTIVITIES FOR UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS FOR 2023. FORM 990, PART VI, SECTION A, LINE 2 GINA HILL SLATER PARKER IS THE DAUGHTER OF PHYLLIS HILL SLATER. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO SUBMISSION OF THE 990, THE PRESIDENT/CEO REVIEWS THE DRAFT OF THE 990 WITH THE ACCOUNTANTS. THE 990 IS THEN REVIEWED WITH THE ORGANIZATION'S TREASURER. IT IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL CONFLICTS OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION AND DESTRUCTION POLICIES ARE OVERSEEN BY THE LISBAC EXECUTIVE COMMITEE. ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY PRESENT OR POTENTIAL FUTURE CONFLICTS OF INTEREST WHEN THEY ARE ONBOARDED AND AT THE ANNUAL MEETNG. FORM 990, PART VI, SECTION C, LINE 19 ALL CONFLICTS OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION AND DESTRUCTION POLICIES ARE OVERSEEN BY THE LISBAC EXECUTIVE COMMITEE. ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY PRESENT OR POTENTIAL FUTURE CONFLICTS OF INTEREST WHEN THEY ARE ONBOARDED, AND AT THE ANNUAL MEETNG. LONG ISLAND DEVELOPMENT CORPORATION 175 ENGINEERS ROAD NO 200 HAUPPAUGE NY 11788 112556172 ASSIST WITH LOANS AND TECHNICAL ASSISTANCE NY 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 LONG ISLAND DEVELOPMENT CORPORATION C 15000 FAIR VALUE LONG ISLAND DEVELOPMENT CORPORATION K 18000 FAIR VALUE LONG ISLAND DEVELOPMENT CORPORATION O 69000 FAIR VALUE