Organizations Filed Purposes:
To develop high quality, affordable housing for low and moderate income families; to professionally manage the housing; to assist and encourage residents' participation to ensure that developments offer a satisfying living environment; and to create communities that are assets to residents, the larger community, and to PathStone Development Corporation.
Developing housing that will be affordable over the long-term for low and moderate income families.
RENTAL PROPERTY PORTFOLIO:Consists of the corporate legal entities required to own and operate affordable residential rental communities and the commercial properties owned by PathStone Corporation and its affiliate entities. Limited partnerships, limited liability companies and equity holding corporations are established to maintain the long-term ownership and organizational structure required by the PathStone Corporation Board of Directors and governmental and private lenders. The portfolio provides housing for qualifying families, individuals, farmworkers, seniors, and special needs population. The portfolio consisted of 84 affordable housing communities comprised 3,662 units that provided high-quality, affordable homes for 8,368 residents. (Continued on Schedule O) The portfolio has rental properties in Indiana, New York, Ohio, Pennsylvania, and Puerto Rico. REAL ESTATE DEVELOPMENT:Work with community partners, non?profits, private developers and government officials to design and build housing that is affordable, accessible and seamlessly integrated into the community in which it is built. The services offered are: development and acquisition of affordable rental housing for families, farmworkers, seniors, and special needs populations while also offering affordable single-family for sale home construction. 33 affordable housing units have been developed, $10,888,190 has been invested in affordable housing developments and 1,003 manufactured homes have been preserved through resident ownership since the program's inception. Services are available in: Indiana, New York, Pennsylvania, and Puerto Rico. The current pipeline includes a number of developments that are transformative to the communities they are located within. Our present developments include an adaptive reuse of a vacant store; historical preservation of a significant Main St property; developing a GREEN product that can be replicated. We are committed to provide housing to meet the needs of the communities we work in.
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 |
|---|
| Ruperto Montero | VP for Finance (beginning 1/19) | 1 | $0 |
| Kevin Ryck | VP for Finance (through 1/19) | 1 | $0 |
| Miriam Zinter | Member | 0.4 | $0 |
| Richard Rising | Member | 0.4 | $0 |
| Carl Forty | Member | 0.4 | $0 |
| Marcia Gass | Member | 0.4 | $0 |
| Yvonne Thompson | Member | 0.4 | $0 |
| George Master | Member | 0.4 | $0 |
| Wilma Alejandro Ramirez | Member | 0.4 | $0 |
| Dirk Schneider | Member | 0.4 | $0 |
| Steven Savoca | Member | 0.4 | $0 |
| Patrick Tobin | Member | 0.4 | $0 |
| Joel Frater | Member | 0.4 | $0 |
| Joshua Gewolb | Board Secretary | 0.4 | $0 |
| Rebecca Caico | Board Vice Chair | 0.4 | $0 |
| Jim Affronti | Member | 0.4 | $0 |
| Jean A Lowe | Board Chair | 0.4 | $0 |
| Kathleen Greeley | Board Treasurer | 0.4 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202001909349301415_public.xml