Linc - Community Development Corporation

Nonprofit profile at a glance

EIN
330711110
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Long Beach, CA, USA
Phone
5626841100
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$17,116,719
Expenses
$17,168,024
Assets
$96,624,407
Liabilities
$125,778,270

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • REBECCA F CLARK (CEO)
  • SUNY CHANG (president & coo)
  • BENJAMIN WINTER (Vice President)

Highest reported compensation

  • REBECCA F CLARK (CEO): $615,510 total reported compensation
  • SUNY CHANG (president & coo): $574,102 total reported compensation
  • ERIK SVENSSON (CFO): $363,306 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Linc-cdc engages in the solicitation, administration, disbursement and rental of property to foster low income housing. It serves as a chdo to assist local jurisdictions to better use their home grants from the federal department of housing and urban development.

What it reported doing in 2025

Provide low income affordable housing to needy individuals.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 68
  • Accountability: 65
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93%; rating input score 93
  • Program expense ratio: 93.7%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 80%; rating input score 80; 13th percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.3%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 5.63; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 1.3; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 14% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 18.9% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 11.8% per year; rating input score 100; 74th percentile among comparable filings

Details

  • Where the money goes: 93% of revenue deployed · 93.7% of spending went to programs
  • Governance: 4 of 5 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $16.1M in reported program spending
  • Leadership: top reported pay $616K · 13 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 18 of 18 current checks pass
  • Schedules: 6 filed schedules · includes grants, executive pay, and related organizations
  • Filing history: 11 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 15 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • High — Sustainability: Operating margin scored 20/100.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.