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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 2017. Filed on April 30, 2018.

28 East 28th Street 9th Floor
New York, New York 10016

The Community Preservation Corporation (EIN: 13-2792409) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2017 IRS Form 990 filing, The Community Preservation Corporation, a 501(c)(3) charitable organization, reported compensation for 44 out of 148 total employees. Among the employees shown here, the average compensation is $269,023. The highest compensated employee at The Community Preservation Corporation is Rafael E Cestero with fiscal year 2017 compensation of $945,430.

Revenue, expenses, and employee compensation

Revenue

$54,628,157

Expenses

$49,332,899

Employee compensation

$18,930,684
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rafael E Cestero
President and Chief Executive Officer and Director
$945,430
$577,314 $310,862 $57,254
Daniel J Brandt
Former Executive Vice President, CFO and Treasurer
$591,359
$558,423 $20,374 $12,562
Sarah J Singman
Exec Vice President and COO
$555,737
$470,652 $24,771 $60,314
David Rothberg
Chief Financial Officer and Executive Vice President and Treasurer
$461,414
$374,352 $28,264 $58,798
Richard A Kumro
Executive Vice President, Genl Counsel, Secy
$448,157
$348,282 $44,148 $55,727
Carolyn Au
Senior Vice President
$422,340
$378,327 No related comp$44,013
Thomas P McGrath
Senior Vice President
$396,263
$319,489 $28,728 $48,046
Richard P Conley
Senior Vice President
$359,160
$301,945 No related comp$57,215
Susan C McClure
Vice President
$324,788
$269,813 $5,563 $49,412
Robert L Riggs
Senior Vice President
$318,855
$263,950 No related comp$54,905
Douglas L Olcott
Senior Vice President
$318,101
$267,041 No related comp$51,060
Wanda Chin
Senior Vice President
$315,482
$274,670 No related comp$40,812

Benchmark Employee Compensation

Non-Employee Board Members

Alan Weiner
Director
Anders Tomson
Director
Arthur H Seter
Director
Bruce A Beal
Director
Carol M Joseph
Director
D Kenneth Patton
Director
Felice L Michetti
Director
Gregory R Reimers
Director
Ingrid Gould Ellen
Director
John Somers
Director
Michael Hegarty
Chair
Michael J Wechsler
Director

Contractors

Ibm Corporation
Information Technology
$705,167
Mccracken Financial Solutions Corp.
Information Technology
$151,819
Suka Creative Inc.
Marketing
$127,038
Construction Monitoring Consultants Inc.
Consulting
$120,000
FL Andrew Padian
Consulting
$117,141

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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