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

Promesa Housing Development Fund Corporation Inc

Fiscal year ending 2021. Filed on November 14, 2022.

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 2021 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 $415,351. The highest compensated employee at Promesa Housing Development Fund Corporation Inc is Raul Russi with fiscal year 2021 compensation of $916,359.

Revenue, expenses, and employee compensation

Revenue

$8,538,986

Expenses

$11,348,226

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Raul Russi
President
$916,359
$0 $848,126 $68,233
Lymaris Albors
Chief Operating Officer
$576,831
$0 $532,238 $44,593
Jose R Rodriguez
Chief Legal Officer/Exec. Vice President
$554,975
$0 $517,229 $37,746
Maria del Carmen Arroyo
Chief Administrative Officer
$443,183
$0 $404,476 $38,707
David Collymore
Cmo/Senior Vice President Clinical Affairs
$436,790
$0 $421,681 $15,109
Vicky Gatell
Chief Financial Officer
$344,395
$0 $306,593 $37,802
Lorraine Coleman
Senior Vice President Development, Policy and Pl
$276,956
$147,769 $103,691 $25,496
David Almonte
Director - Housing Development
$221,891
$111,987 $72,177 $37,727
Ralph Declet
Director of Affordable Housing
$209,112
$106,759 $70,014 $32,339
Cornelia Narovici
Construction Director
$173,018
$93,672 $60,634 $18,712

Benchmark Employee Compensation

Non-Employee Board Members

Arnie Segarra
Member
Carmen S Melero
Vice Chair
Eliezer Rodriguez, Esq
Chair
Marybeth Hotaling
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 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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