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THE PROMESA HOUSING DEVELOPMENT FUND CORPORATION

EIN 13-3608906 BRONX, NY

Revenue 2024
$5,678,952
Expenses 2024
$7,060,417

Program services were 92.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S210
Classification
1000
Street
311 E 175TH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • RAUL RUSSI

    PRESIDENT

    Total calculated
    $998,427
    From this org
    $0
    From related orgs
    $896,597
    Other
    $101,830
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $693,183 related
    Bonus
    $0 + $203,414 related
    Other
    $0
    Deferred
    $0 + $50,625 related
    Nontaxable benefits
    $0 + $51,205 related
    Filer's total
    $0 + $998,427 related

  • LYMARIS ALBORS

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $892,752
    From this org
    $0
    From related orgs
    $836,684
    Other
    $56,068
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $645,440 related
    Bonus
    $0 + $191,244 related
    Other
    $0
    Deferred
    $0 + $39,177 related
    Nontaxable benefits
    $0 + $16,891 related
    Filer's total
    $0 + $892,752 related

  • JOSE A RODRIGUEZ

    CHIEF LEGAL OFFICER/EXEC. VP

    Total calculated
    $592,593
    From this org
    $0
    From related orgs
    $562,331
    Other
    $30,262
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $513,136 related
    Bonus
    $0 + $49,195 related
    Other
    $0
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $13,762 related
    Filer's total
    $0 + $592,593 related

  • VICKY GATELL

    CHIEF FINANCIAL OFFICER

    Total calculated
    $488,994
    From this org
    $0
    From related orgs
    $442,213
    Other
    $46,781
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $403,779 related
    Bonus
    $0 + $38,434 related
    Other
    $0
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $30,281 related
    Filer's total
    $0 + $488,994 related

  • LORRAINE COLEMAN

    VP OF SPECIAL PROJECTS

    Total calculated
    $247,377
    From this org
    $204,061
    From related orgs
    $0
    Other
    $43,316
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $204,061
    Bonus
    $0
    Other
    $0
    Deferred
    $12,664
    Nontaxable benefits
    $30,652
    Filer's total
    $247,377

  • DAVID ALMONTE

    DIRECTOR - HOUSING DEVELOPMENT

    Total calculated
    $245,838
    From this org
    $199,442
    From related orgs
    $0
    Other
    $46,396
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $189,442
    Bonus
    $10,000
    Other
    $0
    Deferred
    $9,708
    Nontaxable benefits
    $36,688
    Filer's total
    $245,838

  • ANNE-MARIE A HENDRICKSON

    SR. VP OF AFFORABLE HOUSING

    Total calculated
    $208,347
    From this org
    $194,327
    From related orgs
    $0
    Other
    $14,020
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $194,327
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,020
    Filer's total
    $208,347

  • CORNELIA NAROVICI

    CONSTRUCTION DIRECTOR

    Total calculated
    $188,982
    From this org
    $167,171
    From related orgs
    $0
    Other
    $21,811
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $157,171
    Bonus
    $10,000
    Other
    $0
    Deferred
    $7,791
    Nontaxable benefits
    $14,020
    Filer's total
    $188,982

  • ELIEZER RODRIGUEZ ESQ

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • CARMEN S MELERO

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • MARYBETH HOTALING

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • GILBERT HERNANDEZ

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • ARNIE SEGARRA

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 10 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $5,678,952
    Expenses
    $7,060,417
    Contributions
    $400,000
    Grants paid
    $0
  • 2023
    Revenue
    $7,768,189
    Expenses
    $9,682,782
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $7,954,144
    Expenses
    $9,492,956
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

The first 25 as filed. The return lists every one.

Declared as related by

The most recent declarers. The API serves every row.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.