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Organizations Community Improvement & Capacity Building The Community Preservation Corporation

The Community Preservation Corporation

Fiscal year ending 2019. Filed on April 13, 2020.

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 2019 IRS Form 990 filing, The Community Preservation Corporation, a 501(c)(3) charitable organization, reported compensation for 52 out of 177 total employees. Among the employees shown here, the average compensation is $272,199. The highest compensated employee at The Community Preservation Corporation is Rafael E Cestero with fiscal year 2019 compensation of $1,249,054.

Revenue, expenses, and employee compensation

Revenue

$80,113,763

Expenses

$69,162,655

Employee compensation

$24,230,967
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rafael E Cestero
President and Chief Executive Officer and Director
$1,249,054
$772,187 $415,793 $61,074
Sarah J Singman
EXEC Vice President and COO
$594,982
$530,734 No related comp$64,248
David Rothberg
EXEC Vice President and CFO
$526,595
$399,254 $64,098 $63,243
Richard A Kumro
Executive Vice President, GENL Counsel, SECY
$462,700
$329,202 $79,744 $53,754
Carolyn Au
Senior Vice President
$452,205
$405,038 No related comp$47,167
Thomas P McGrath
Senior Vice President
$413,279
$361,773 No related comp$51,506
Richard P Conley
Senior Vice President
$398,869
$362,516 No related comp$36,353
Robert L Riggs
Senior Vice President
$385,323
$324,720 No related comp$60,603
Elizabeth Propp
Senior Vice President
$364,109
$112,283 $208,526 $43,300
Jeffrey B Ely
Senior Vice President
$352,402
$297,429 $5,554 $49,419
Wanda Chin
Senior Vice President
$349,927
$293,245 No related comp$56,682
Douglas L Olcott
Senior Vice President
$334,525
$279,447 No related comp$55,078

Benchmark Employee Compensation

Non-Employee Board Members

Alan Wiener
Director
Anders Tomson
Director
Bruce A Beal
Director
Carol M Joseph
Director
D Kenneth Patton
Director
Eduardo Diaz-Perez
Director
Gary Rodney
Director
Gregory R Reimers
Director
Ingrid Gould Ellen
Director
Manuel Menendez Jr
Director
Richard Roberts
Director
Steven J Weiss
Director

Contractors

Ibm Corporation
Information Technology
$728,934
Mccracken Financial Solutions Corp.
Information Technology
$673,622
Wpg Consulting LLC
Information Technology
$519,145
Cohn Reznick LLP
Accounting
$245,300
Cjc Worldwide Technologies LLC
Information Technology
$207,100

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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