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Organizations Promesa Homefirst Housing Development Fund Company Inc.

Promesa Homefirst Housing Development Fund Company Inc.

Fiscal year ending 2018. Filed on November 15, 2019.

300 East 175th Street
Bronx, New York 10457

Promesa Homefirst Housing Development Fund Company Inc. (EIN: 35-2217515) has filed an IRS Form 990 from fiscal year 2018–2019. In its fiscal year 2018 IRS Form 990 filing, Promesa Homefirst Housing Development Fund Company Inc., a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $360,281. The highest compensated employee at Promesa Homefirst Housing Development Fund Company Inc. is Raul Russi with fiscal year 2018 compensation of $831,953.

Revenue, expenses, and employee compensation

Revenue

$750

Expenses

$4,279

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raul Russi
Chief Executive Officer
$831,953
$0 $773,182 $58,771
Pamela Mattel
COO (Through 6/30/18)
$530,862
$0 $472,149 $58,713
Jose A Rodriguez
CLO (From 7/1/18)
$414,775
$0 $368,889 $45,886
Milton Derienzo
Executive Vice President and Chief Financial Officer
$409,973
$0 $398,305 $11,668
David Glasel
CLO (Through 6/30/18)
$331,417
$0 $312,156 $19,261
Hon Hector Diaz
President
$321,066
$0 $307,188 $13,878
Ralph Declet
DIV Director Affordable Housing
$300,190
$0 $265,399 $34,791
Lymaris Albors
Evp/Chief of Staff
$241,625
$0 $232,776 $8,849
Lorraine Coleman
Vice President of REAL Estate Management
$200,456
$0 $171,573 $28,883
Madelyn Lugo
Vice President
$200,430
$0 $176,979 $23,451
Ramon Velez
Vice President
$180,347
$0 $157,706 $22,641

Benchmark Employee Compensation

Non-Employee Board Members

Carlos Laboy-Diaz
Secretary
Eduardo Alayon
Chair
Pedro Falcon
Treasurer

Mission Statement

TO COMBAT COMMUNITY DETERIORATION AND LESSEN NEIGHBORHOOD TENSIONS THROUGH THE RESIDENTIAL REVITALIZATION OF THE BRONX AND ADJACENT AREAS OF BRONX COUNTY.

Revisions to this organization profile

November 13, 2020:
2019 Promesa Homefirst Housing Development Fund Company Inc. 990 filed
November 15, 2019:
2018 Promesa Homefirst Housing Development Fund Company Inc. 990 filed

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