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Nonprofit · EIN 13-2938457

HARLEM COMMONWEALTH COUNCIL INC

Also known as COMMONWEALTH LOCAL DEVELOPMENT CORP

Tax-exempt · NEW YORK, NY 10027

Financials

$1.8M$2M2023$1.8M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of HARLEM COMMONWEALTH COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,795,718$1,647,042$148,676$23,981,478$1,922,007$22,059,471
June 30, 2024990$1,800,974$2,045,172-$244,198$23,866,180$1,964,046$21,902,134
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,753,450
Investment income
$42,268
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$103,549
Other salaries and wages
$296,451
Salaries, compensation and benefits (total)
$400,000
Professional fundraising fees
$0
Legal fees
$16,020
Accounting fees
$3,396
Occupancy
$30,000
Management and general (functional)
$1,647,042

Balance sheet and other

Total assets, start of year
$23,866,180
Total assets, end of year
$23,981,478
Total liabilities, end of year
$1,922,007
Net assets, end of year
$22,059,471
Land, buildings and equipment
$11,031,441
Net assets without donor restrictions
$22,059,471
Gross receipts
$1,795,718
Employees
0
Volunteers
10
Year formed
1977
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
E Hamil DouglasPresident
Officer
10$123,244$184,865
Ayesha CodringtonDirect of Finance10$69,648$104,472
Terri-Ann SmithSenior Lending Dir10$36,452$109,355
Andre SimonChief of Staff10$35,778$107,335
Joseph TaitBoard Memb/COO
Trustee or director, Officer
10$31,250$31,250
Zevilla Jackson-PrestonBoard Chair
Trustee or director, Officer
2$0$0
Sharon E JosephVice Chair
Trustee or director, Officer
2$0$0
Erik ChietteSecretary
Trustee or director, Officer
2$0$0
Lewiston MurrayBoard Member
Trustee or director
2$0$0
Curtis ArcherBoard Member
Trustee or director
2$0$0
Ashli GibbsBoard Member
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationFrom related orgs
Joseph TaitBoard Member
Trustee or director
10$42,500$382,500
E Hamil DouglasPresident
Officer
10$74,486$173,799
Suzanne HurleyVice President10$8,099$153,875
Ayesha CodringtonDirect of Finance10$37,957$100,069
Zevilla Jackson-PrestonBoard Chair
Trustee or director, Officer
2$0$0
Sharon E JosephVice Chair
Trustee or director, Officer
2$0$0
Erik ChietteSecretary
Trustee or director, Officer
2$0$0
Michael JohnsonBoard Member
Trustee or director
2$0$0
Curtis ArcherBoard Member
Trustee or director
2$0$0
Ashli GibbsBoard Member
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
361 WEST 125TH STREET, NEW YORK, NY 10027-4843
Principal officer (990 for 2024)
Sharon E Joseph, 361 West 125th Street, New York, NY 10027
Signed the 990
Sharon E Joseph, President & CEO
Phone
(212) 749-0900
Return prepared by
WatsonRice LLP

Mission

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

990 for the year ended June 30, 2025

Program accomplishments

  • CLDC IS A LOCAL DEVELOPMENT CORPORATION THAT MANAGES LOCAL DEVELOPMENT PROJECTS IN HARLEM AND SURROUNDING COMMUNITIES. THE PORTFOLIO OF PROJECTS INCLUDES RETAIL AND COMMERCIAL DEVELOPMENTS WHICH HAVE BEEN CRITICAL IN THE ECONOMIC DEVELOPMENT OF THE LOCALS OF HARLEM ECONOMY. HUNDREDS OF JOBS HAVE BEEN CREATED AND RETAINED IN VARIOUS SECTORS AND ARE AVAILABLE TO RESIDENTS OF THE COMMUNITY. THE ORGANIZATIONS OVERALL WORK PROMOTES THE ECONOMIC VIBRANCY AND GENERAL WELFARE OF THE COMMUNITY AND it's RESIDENTS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-2938457
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Exempt since
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,981,478
Income (IRS master file)
$1,795,718

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,795,718$1,647,042$23,981,478IRS
990June 2024$1,800,974$2,045,172$23,866,180IRS
990June 2023$1,247,682$545,275$14,754,330IRS
990June 2022$1,255,309$521,175$14,096,606IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2938457).

Questions about HARLEM COMMONWEALTH COUNCIL INC

What is the EIN of HARLEM COMMONWEALTH COUNCIL INC?
The employer identification number (EIN) of HARLEM COMMONWEALTH COUNCIL INC is 13-2938457.
Is HARLEM COMMONWEALTH COUNCIL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Which annual return does HARLEM COMMONWEALTH COUNCIL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HARLEM COMMONWEALTH COUNCIL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HARLEM COMMONWEALTH COUNCIL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HARLEM COMMONWEALTH COUNCIL INC?
The 990 for the year ended June 30, 2025 names Sharon E Joseph.
Who are the officers and directors of HARLEM COMMONWEALTH COUNCIL INC?
The 990 for the year ended June 30, 2025 lists 11 people; 5 received compensation from the organization, the highest $123,244 (E Hamil Douglas, President).
How much revenue does HARLEM COMMONWEALTH COUNCIL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,795,718, expenses of $1,647,042 and total assets of $23,981,478 at year end.

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