84
The Promesa Housing Development Fund Corporation
Community Development · Bronx, New York
311 E 175Th St, Bronx, NY 10457-5859
EIN: 133608906· Founded: Jun 1992· 34 years active· Filing Year: 2023
Annual Revenue
$7.8M
Total Expenses
$9.7M
Total Assets
$46.5M
Program Spending
80%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$657K
6.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.2M
Total Payroll
$1.9M
19% of total expenses
Where the Money Goes
80%
Programs: 80%
Payroll: 19%
Other overhead: 20%
Program Revenue$7.8M (100%)
Total Expenses$9.7M (100%)
Payroll$1.9M (19%)
Overhead (non-program)20%
Trust Score Breakdown
Program Spending Ratio
80% of expenses go to programs
Revenue & Stability
$7.8M annual revenue
Executive Compensation
$657K total officer comp (6.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$46.5M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.