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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 Community Improvement & Capacity Building The Community Preservation Corporation

The Community Preservation Corporation

Fiscal year ending 2023. Filed on May 7, 2024.

220 East 42nd Street 16th Floor
New York, New York 10017

The Community Preservation Corporation (EIN: 13-2792409) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, The Community Preservation Corporation, a 501(c)(3) charitable organization, reported compensation for 69 out of 200 total employees. Among the employees shown here, the average compensation is $311,048. The highest compensated employee at The Community Preservation Corporation is Rafael E Cestero with fiscal year 2023 compensation of $1,555,740.

Revenue, expenses, and employee compensation

Revenue

$77,918,946

Expenses

$86,569,758

Employee compensation

$30,067,536
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rafael E Cestero
President and Chief Executive Officer and Director
$1,555,740
$1,474,712 No related comp$81,028
John M Cannon
Executive Vice President
$821,128
$246,181 $496,492 $78,455
Sarah J Singman
Executive Vice President
$814,362
$733,334 No related comp$81,028
Timothy Deegan
Vice President
$705,476
$212,048 $417,282 $76,146
David Rothberg
EXEC Vice President and CFO
$610,176
$526,527 $271 $83,378
William C Russo IV
Senior Vice President
$596,070
$513,466 No related comp$82,604
Carolyn Au
EXEC Vice President and COO
$554,840
$493,966 No related comp$60,874
Jeffrey B Ely
Senior Vice President
$529,747
$489,682 $252 $39,813
Richard A Kumro
Executive Vice President, GENL Counsel, SECY
$520,069
$451,222 No related comp$68,847
Steven M Getz
Vice President
$483,241
$108,996 $332,788 $41,457
Joseph Tancredi
Vice President
$436,365
$115,229 $248,817 $72,319
Robert L Riggs
Senior Vice President
$389,196
$314,453 No related comp$74,743

Benchmark Employee Compensation

Non-Employee Board Members

Anders Tomson
Director
Carol M Joseph
Director
Eduardo Diaz-Perez
Director
Gary Rodney
Director
Ingrid Gould Ellen
Director
Louise Carroll
Director
Manuel Menendez Jr
Director
Michael Hegarty
Director
Nicole Ferreira
Director
Peter Cannava
Director
Richard Roberts
Director
Steven J Weiss
Director

Contractors

Eisneramper Managed Technologies
Information Technology
$2,626,836
Wpg Consulting LLC
Information Technology
$461,561
Cohn Reznick LLP
Accounting
$387,700
Bmc Advisory Services LLC
Information Technology
$383,135
Ibm Corporation
Information Technology
$360,323

Mission Statement

TO COMBAT COMMUNITY DETERIORATION, PROMOTE THE GENERAL WELFARE, AND LESSEN THE BURDENS OF GOVERNMENT BY PROVIDING DEBT AND/OR EQUITY FINANCING FOR LOW & MODERATE INCOME HOUSING.

Revisions to this organization profile

May 7, 2024:
2023 The Community Preservation Corporation 990 filed
May 4, 2023:
2022 The Community Preservation Corporation 990 filed
May 4, 2022:
2021 The Community Preservation Corporation 990 filed

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