The Community Preservation Corporation
The Community Preservation Corporation
Want to make a donation using Daffy?
Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.
Do you work for The Community Preservation Corporation? Learn more here.
About this organization
Mission
To combat community deterioration, promote the general welfare, and lessen the burdens of government by providing financing for low & moderate income housing.
About
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 44 years of existence, CPC has financed the rehabilitation or construction of 171,298 affordable housing units. During the year ended June 30, 2018, CPC originated $841,814,393 of public and private funds representing financing on 5,761 units.
Interesting data from their 2019 990 filing
The non-profit's mission, as documented in the filing, is “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.”.
When detailing its duties, they were outlined as: “To combat community deterioration, promote the general welfare, and lessen the burdens of government by providing financing for low & moderate income housing.”.
- The non-profit is legally allowed to operate in the state of NY, as reported.
- The filing provides the non-profit's address in 2019 as 28 EAST 28TH STREET 9TH FLOOR, NEW YORK, NY, 100167943.
- The non-profit's form for the year 2019 reports a total of 157 employees on their payroll.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $3,691,221.
- The organization has 14 independent voting members.
- The organization was formed in 1974.
- The organization pays $21,453,490 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
Additional Non-Profits in the area
By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.