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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 Housing & Shelter Ler Housing Development Fund Corp.

Ler Housing Development Fund Corp.

Fiscal year ending 2024. Filed on November 17, 2025.

413 East 120th Street
413 East 120th Street Rm 403
New York, New York 10035

Ler Housing Development Fund Corp. (EIN: 13-4032452) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Ler Housing Development Fund Corp., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $743,192. The highest compensated employee at Ler Housing Development Fund Corp. is Raul Russi with fiscal year 2024 compensation of $998,427.

Revenue, expenses, and employee compensation

Revenue

$277,109

Expenses

$382,635

Employee compensation

$64,628
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raul Russi
President
$998,427
$0 $896,597 $101,830
Lymaris Albors
Chief Executive Officer
$892,752
$0 $836,684 $56,068
Jose R Rodriguez
Clo/Exec Vice President
$592,593
$0 $562,331 $30,262
Vicky Gatell
Chief Financial Officer
$488,994
$0 $442,213 $46,781

Benchmark Employee Compensation

Non-Employee Board Members

Arnie Segarra
Member
Carmen S Malero
Vice Chair
Eliezer Rodriguez, Esq
Chair
Gilbert Hernandez
Secretary
Marybeth Hotaling
Treasurer

Mission Statement

THIS CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME AND NEEDY, PURSUANT TO SECTION 573 OF ARTICLE XI OF THE PHFL

Revisions to this organization profile

November 17, 2025:
2024 Ler Housing Development Fund Corp. 990 filed
November 14, 2024:
2023 Ler Housing Development Fund Corp. 990 filed
November 14, 2023:
2022 Ler Housing Development Fund Corp. 990 filed

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