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  4. Community Preservation Corporation (CPC)
EIN 13-2792409

Community Preservation Corporation (CPC)

IRS 501(c) type
501(c)(3)
Num. employees
200
City
New York
State
New York
Year formed
1974
Most recent tax filings
2023-06-01
NTEE code, primary
L25: Housing Rehabilitation
Description
The Community Preservation Corporation's mission (CPC) is to provide innovative capital solutions, fresh thinking, and a collaborative approach to the often complex challenges that owners and developers of multifamily housing face.
Total revenues
$77,918,946
2023
Total expenses
$86,569,758
2023
Total assets
$1,733,974,820
2023
Num. employees
200
2023

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 49 years of existence, cpc has financed The rehabilitation or construction of 250,000 affordable housing units. During The year ended june 30, 2023, cpc originated $264,528,036 of public and private funds representing financing on 2,275 units.

Grants made by CPC

GranteeGrant descriptionAmount
Citizens Housing and Planning Council (CHPC)General Support$62,500
Settlement Housing FundGeneral Support$15,000
PathStone FoundationGeneral Support$15,000
...and 14 more grants made

Personnel at CPC

NameTitleCompensation
Rafael E. CesteroChief Executive Officer Chair, Operating Committee$2,307,793
Sadie McKeownPresident
David RothbergExecutive Vice President and Chief Financial Officer$793,862
Stephanie CanzaniSenior Vice President Operations Interim$240,709
Jaime SharrockSenior Vice President Strategic Communications and Community Engagement
...and 46 more key personnel

Financials for CPC

RevenuesFYE 06/2023
Total grants, contributions, etc.$13,196
Program services$57,620,416
Investment income and dividends$12,402,067
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$7,883,267
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$77,918,946

Form 990s for CPC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-07990View PDF
2022-062023-05-04990View PDF
2021-062022-05-04990View PDF
2020-062021-04-19990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s

Organizations like CPC

OrganizationLocationRevenue
National Fair Housing AllianceWashington, DC$25,347,724
Tides CenterSan Francisco, CA$281,474,772
Community InitiativesOakland, CA$59,435,734
The Anti-Recidivism CoalitionLos Angeles, CA$28,365,184
Human CoalitionPlano, TX$29,533,305
Close Up FoundationArlington, VA$41,097,715
Elevate EnergyChicago, IL$40,435,759
Community Advocates (CA)Milwaukee, WI$46,085,952
Purpose Dignity Action Lead National Support BureauSeattle, WA$30,015,100
National Children's AllianceWashington, DC$32,300,331
Data update history
July 12, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 10 new vendors, including , , , , , , , , , and
July 3, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsHousing and shelter organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Political advocacyLobbyingReceives government fundingTax deductible donationsAccepts online 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/ 
Phone
(212) 869-5300
Facebook page
CommunityP 
Twitter profile
@communityp 
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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