THE DISABILITY FUND INC

HEWLETT, NY | Nassau County
Community Services

Overview

THE DISABILITY FUND INC
26-0283588
1331 ADAMS RD
HEWLETT, NY 11557
Nassau County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Community Services
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
P12

P - Human Services

Fund Raising and Fund Distribution

Organizations that raise and distribute funds for multiple organizations within the Human Services - Multipurpose and Other major group area.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813219
Other Grantmaking and Giving Services

CRA Alignment

CRA Category info
Community Services
Social services and other support for low- and moderate-income, homeless or at-risk individuals.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2016 $1,800,000 Capital Magnet Fund open_in_new Disability Fund, Inc., The
2014 $1,250,000 CDFI Financial Assistance open_in_new Disability Fund, Inc., The
2018 $875,000 CDFI Financial Assistance open_in_new Disability Fund, Inc., The
2020 $557,000 CDFI Financial Assistance open_in_new Disability Fund, Inc., The
2021 $590,000 CDFI Financial Assistance open_in_new Disability Fund, Inc., The
2021 $1,826,265 CDFI Rapid Response Program (COVID-19) open_in_new Disability Fund, Inc., The
2018 $400,000 Disability Funds Financial Assistance open_in_new Disability Fund, Inc., The
2020 $268,750 Disability Funds Financial Assistance open_in_new Disability Fund, Inc., The
2021 $500,000 Disability Funds Financial Assistance open_in_new Disability Fund, Inc., The

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$9.3M
Revenue
$4.9M
Assets
$63.3M

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
2008-03
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-12
Tax period ending in
2021-12
Tax period ending in
2020-12
Tax period ending in
2019-12
Tax period ending in
2018-12
Tax period ending in
2017-12
Tax period ending in
2016-12

Nonprofit Location

Physical Address info
1331 ADAMS RD
HEWLETT, NY 11557
Nassau County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
35004
MSA/MD info
36
State info
059
County info
4115.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
35620 - New York-Newark-Jersey City, NY-NJ-PA
Combined Statistical Area info
408 - New York-Newark, NY-NJ-CT-PA
Metropolitan Division info
35004 - Nassau County-Suffolk County, NY
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 13.05%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
4115.00 Nassau County
Population
Total Population 3,250 1,389,160
Total Households 893 454,771
Income
Median Family Income (Census*) $250,001 $137,709
Median Family Income (2023 FFIEC est.) $156,300 $156,300
Tract Income Percentage 191.86% N/A
Below Poverty Level 1.9% 5.4%
Unemployment Level 1.6% 4.6%
Housing
Total Housing Units 973 476,982
Total Owner-Occupied Units 90.2% 81.8%
Total Renter-Occupied Units 1.5% 18.2%
Total Vacant Units 8.2% 5.4%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

12
Total Voting Members
in Governing Body
info
11
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Charles D Hammerman
(516) 399-3020
Principal Officer info
Charles D Hammerman
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-12.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.