Organizations Filed Purposes:
ST. LOUIS PUBLIC DEVELOPMENT CORPORATION (PDC I) WORKS TO REDEVELOP AND STRENGTHEN COMMUNITIES BY PROVIDING HOUSING DEVELOPMENT SERVICES, CAPACITY-BUILDING AND FINANCING FOR THE SUCCESSFUL REVITALIZATION OF NEIGHBORHOODS IN THE ST. LOUIS METROPOLITAN AREA IN COOPERATION WITH RISE COMMUNITY DEVELOPMENT, A 501(C)(3) ORGANIZATION.
TO REDEVELOP AND STRENGTHEN COMMUNITIES IN COOPERATION WITH RISE COMMUNITY DEVELOPMENT.
OWNER OF AFFORDABLE, MIXED-INCOME AND MIXED-USE DEVELOPMENTS/GUARANTOR FOR ALL RISE-AFFILIATED REAL ESTATE DEVELOPMENT PROJECTS. ST. LOUIS PUBLIC DEVELOPMENT CORPORATION ("PDC I") OWNS OR PARTICIPATES IN THE OWNERSHIP OF A WIDE RANGE OF AFFORDABLE AND MIXED-INCOME HOUSING AND MIXED-USE REAL ESTATE DEVELOPMENTS WITH OVER 300 RESIDENTIAL UNITS IN UNDERINVESTED COMMUNITIES IN THE ST. LOUIS AREA. PDC I ALSO MAINTAINS A RISK RESERVE TO LEVERAGE THE FINANCIAL GUARANTEES IT MAKES ON BEHALF OF ALL RISE-AFFILIATE REAL ESTATE DEVELOPMENT ACTIVITY. IT CURRENTLY GUARANTEES OVER $47 MILLION IN REAL ESTATE INVESTMENT-RELATED CONTINGENT LIABILITIES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| David C Mason | DIRECTOR | 1 | $0 |
| Peter Kaiser | TREASURER | 1 | $0 |
| Frederick Bonasch | SECRETARY | 1 | $0 |
| Mark Stroker | VICE PRESIDENT | 1 | $0 |
| Stephen Acree | PRESIDENT | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202032279349302778_public.xml