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Filing year 2024

Promesa Housing Development Fund Corporation Inc

Bronx, New York·EIN 13-3608906·NTEE S210 · Community Improvement & Capacity Building·3
Total revenue
$5.7M
Total assets
$50.7M
Total expenses
$7.1M
Reported officers
13
Mission

TO COMBAT COMMUNITY DETERIORATION AND LESSEN NEIGHBORHOOD TENSIONS THROUGH THE RESIDENTIAL REVITALIZATION OF THE BRONX AND ADJACENT AREAS OF BRONX COUNTY.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2024

VP of Special Projects
vice president
$247k
$267k
Base
$204k
Bonus
Other
Benefits
$31k
Director - Housing Development
$246k
$266k
Base
$189k
Bonus
$10k
Other
Benefits
$37k
Sr. VP of Afforable Housing
vice president
$208k
$225k
Base
$194k
Bonus
Other
Benefits
$14k
Construction Director
highest compensated employee
$189k
$204k
Base
$157k
Bonus
$10k
Other
Benefits
$14k
$102k
$110k
Chief Executive Officer
$56k
$61k
Chief Financial Officer
$47k
$51k
Chief Legal Officer/exec. VP
vice president
$30k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Down 48%
from 2023

From $473k in 2023 to $247k in 2024.

$473k
2023
$247k
2024
In today's dollarsEst.
Down 50% in real terms$531k to $267k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Promesa Housing Development Fund Corporation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.8M
$9.7M
2023
$5.7M
$7.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New York

Comparable community improvement & capacity building organizations in New York pay their highest-earning executive a median of $103,140.

25th percentile
$42k
Median
$103,140
75th percentile
$212k
90th percentile
$362k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 214 organizations across 214 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New York
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