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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 2022. Filed on May 4, 2023.

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 2022 IRS Form 990 filing, The Community Preservation Corporation, a 501(c)(3) charitable organization, reported compensation for 60 out of 185 total employees. Among the employees shown here, the average compensation is $377,030. The highest compensated employee at The Community Preservation Corporation is Rafael E Cestero with fiscal year 2022 compensation of $2,377,364.

Revenue, expenses, and employee compensation

Revenue

$67,322,772

Expenses

$69,181,777

Employee compensation

$34,529,804
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rafael E Cestero
President and Chief Executive Officer and Director
$2,377,364
$2,307,793 No related comp$69,571
Sarah J Singman
Executive Vice President
$953,274
$883,703 No related comp$69,571
John M Cannon
Executive Vice President
$902,095
$860,107 No related comp$41,988
David Rothberg
EXEC Vice President and CFO
$864,221
$793,862 $1,084 $69,275
Carolyn Au
EXEC Vice President and COO
$849,187
$787,607 No related comp$61,580
Richard A Kumro
Executive Vice President, GENL Counsel, SECY
$815,182
$754,085 No related comp$61,097
William C Russo IV
Senior Vice President
$734,541
$664,353 No related comp$70,188
Thomas P McGrath
Senior Vice President
$700,269
$642,918 No related comp$57,351
Elizabeth Propp
Senior Vice President
$654,481
$591,703 $14,775 $48,003
Wanda Chin
Senior Vice President
$581,382
$526,440 No related comp$54,942
Jeffrey B Ely
Senior Vice President
$573,661
$518,362 $708 $54,591
Timothy Deegan
Vice President
$521,590
$460,644 No related comp$60,946

Benchmark Employee Compensation

Non-Employee Board Members

Alan Wiener
Director
Anders Tomson
Director
Bruce A Beal
Director
Carol M Joseph
Director
Eduardo Diaz-Perez
Director
Gary Rodney
Director
Ingrid Gould Ellen
Director
Manuel Menendez Jr
Director
Michael Hegarty
Director
Richard Roberts
Director
Steven J Weiss
Director
Todd A Gomez
Director

Contractors

Ibm Corporation
Information Technology
$634,327
Kforce Inc.
Information Technology
$376,000
Cohn Reznick LLP
Accounting
$320,320
Mccracken Financial Solutions Corp.
Information Technology
$305,818
Eisneramper Managed Technologies
Information Technology
$281,247

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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