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Organizations Community Improvement & Capacity Building Promesa Housing Development Fund Corporation Inc

Promesa Housing Development Fund Corporation Inc

Fiscal year ending 2016. Filed on November 6, 2017.

311 East 175th Street
Bronx, New York 10457

Promesa Housing Development Fund Corporation Inc (EIN: 13-3608906) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Promesa Housing Development Fund Corporation Inc, a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $323,520. The highest compensated employee at Promesa Housing Development Fund Corporation Inc is Raul Russi with fiscal year 2016 compensation of $616,980.

Revenue, expenses, and employee compensation

Revenue

$9,469,742

Expenses

$8,486,807

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raul Russi
Chief Executive Officer
$616,980
$9,850 $584,705 $22,425
David Glasel
Vice President, Compliance
$453,382
$7,257 $426,874 $19,251
Pamela Mattel
Chief Operating Officer
$403,082
$5,799 $336,783 $60,500
Tomas del Rio
Chief Financial Officer
$343,471
$5,113 $301,550 $36,808
Ralph Declet
Vice President
$286,579
$219,862 $31,409 $35,308
Adriene Rosell
Administrator
$262,684
$0 $226,236 $36,448
Hector L Diaz
President
$252,103
$4,038 $236,941 $11,124
David Collymore
Chief Medical Officer
$244,956
$0 $231,566 $13,390
Drsaroj Bakshi
Medical Director
$239,090
$0 $217,556 $21,534
Milton Derienzo
Chief Financial Officer
$132,868
$2,220 $130,648 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Carlos Laboy-Diaz
Acting Chair
Eliezer Rodrigeuz
Treasurer
Ingle Stephens
Member
Pedro Falcon
Secretary

Contractors

Laxmi Management LLC
Management
$1,875,000
Tyler's Dimes LLC
Rent
$1,782,036
Nbx Acquisition LLC
Rent
$1,056,918
My NYC LLC
Rent
$611,371
Distinctive Affordable Housing Solu
Consulting
$251,851

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 10, 2025:
2024 Promesa Housing Development Fund Corporation Inc 990 filed
November 13, 2024:
2023 Promesa Housing Development Fund Corporation Inc 990 filed
November 15, 2023:
2022 Promesa Housing Development Fund Corporation Inc 990 filed

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