Program areas at CPC
The Community Preservation Corporation (cpc) is a private not-for-profit mortgage lender and investor specializing in The financing of low and moderate income housing. Cpc's mission is to work with government to preserve and develop affordable housing in new york and, to a lesser extent, elsewhere. In its 48 years of existence, cpc has financed The rehabilitation or construction of 194,328 affordable housing units. During The year ended june 30, 2022, cpc originated $419,263,378 of public and private funds representing financing on 3,842 units.
Who funds Community Preservation Corporation (CPC)
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Goldman Sachs Foundation | 2021-12 | Grant To Support Covid-19 Relief Efforts in Nyc. | $100,000 |
Personnel at CPC
| Name | Title | Compensation | Date of data |
|---|
| Rafael E. Cestero | Chief Executive Officer Chair, Operating Committee | $2,307,793 | 2023-01-22 |
| Sadie McKeown | President | | 2023-01-22 |
| David Rothberg | Executive Vice President and Chief Financial Officer | $793,862 | 2023-05-04 |
| Stephanie Canzani | Senior Vice President Operations Interim | $240,709 | 2023-01-22 |
| Jaime Sharrock | Senior Vice President Strategic Communications and Community Engagement | | 2023-01-22 |
| ...and 47 more key personnel |
Financials for CPC
| Revenues | FYE 06/2022 | FYE 06/2021 | % Change |
|---|
| Total grants, contributions, etc. | $412,575 | $101,472 | 306.6% |
| Program services | $49,983,266 | $51,770,445 | -3.5% |
| Investment income and dividends | $4,546,907 | $4,122,787 | 10.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $12,380,024 | $9,844,896 | 25.8% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $67,322,772 | $65,839,600 | 2.3% |
Organizations like CPC
| Organization | Type | Location | Revenue |
|---|
| The Center for New York City Neighborhoods | 501(c)(3) | New York, NY | $23,546,233 |
| Prosperity Now | 501(c)(3) | Washington, DC | $24,644,874 |
| Alliance for Downtown New York | 501(c)(3) | New York, NY | $22,676,926 |
| MidPen Housing | 501(c)(3) | Foster City, CA | $50,937,724 |
| PolicyLink | 501(c)(3) | Oakland, CA | $83,393,172 |
| Collaborative for Academic Social and Emotional Learning (CASEL) | 501(c)(3) | Chicago, IL | $18,024,160 |
| Casa | 501(c)(3) | Hyattsville, MD | $25,725,278 |
| Fortune Society | 501(c)(3) | Long Island City, NY | $59,216,910 |
| National Center for Missing and Exploited Children (NCMEC) | 501(c)(3) | Alexandria, VA | $54,122,734 |
| Futures Without Violence | 501(c)(3) | San Francisco, CA | $17,427,941 |
Data update history
July 3, 2023
Updated personnel
Identified 3 new personnel
May 16, 2023
Updated personnel
Identified 18 new personnel
May 10, 2023
Used new vendors
Identified 2 new vendors, including , and
January 23, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Social advocacy organizationsHousing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Political advocacyLobbyingReceives government fundingTax deductible donations
General information
- Address
- 220 E 42nd St 16th Floor
- New York, NY 10017
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- communityp.com/Â
- Phone
- (212) 869-5300
- Facebook page
- CommunityPÂ
- Twitter profile
- @communitypÂ
IRS details
- EIN
- 13-2792409
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1974
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L25: Housing Rehabilitation
- NAICS code, primary
- 813319: Social Advocacy Organizations
- Parent/child status
- Independent
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