LEVITICUS 2523 ALTERNATIVE FUND INC
220 WHITE PLAINS ROAD NO 125, TARRYTOWN, NY 10591 www.leviticusfund.org

Total Revenue
$6,626,249
Total Expenses
$2,799,311
Net Assets
$17,188,626

Organizations Filed Purposes: THE LEVITICUS FUND IS MOTIVATED BY FAITH AND FOUNDED ON THE BIBLICAL VERSE OF LEVITICUS 25:23 AND ITS CALL FOR JUSTICE IN THE STEWARDSHIP OF ECONOMIC RESOURCES. THE FUND SUPPORTS TRANSFORMATIVE SOLUTIONS THAT SERVE LOW-INCOME AND VULNERABLE PEOPLE BY COMBINING FLEXIBLE CAPITAL FROM SOCIAL IMPACT INVESTORS AND CONTRIBUTORS WITH KNOWLEDGE-SHARING TO CREATE SUSTAINABLE AND AFFORDABLE COMMUNITIES.

PROVIDE LOANS TO ORGANIZATIONS FOR THE BENEFIT OF ECONOMICALLY DISADVANTAGED INDIVIDUALS, FAMILIES AND COMMUNITIES.

THE LEVITICUS FUND'S FLEXIBLE CAPITAL AND TECHNICAL ASSISTANCE SUPPORT A RANGE OF COMMUNITY DEVELOPMENT PROJECTS SERVING LOW-INCOME COMMUNITIES AND LOW-INCOME INDIVIDUALS AND FAMILIES. IN 2020, OUR LENDING ACTIVITIES INCLUDED THE FOLLOWING CLOSED LOANS:13 LOANS TOTALING $12,323,399, WHICH PARTIALLY FINANCED 763 HOUSING UNITS, INCLUDING 738 UNITS OF AFFORDABLE AND SUPPORTIVE HOUSING; 1 LOAN TOTALING $626,020, WHICH SUPPORTED THE COMPLETION OF CONSTRUCTION OF A NEW EARLY CARE AND AFTER SCHOOL PROGRAM WITH THE CAPACITY TO SERVE 96 CHILDREN, AND PROVIDE SOCIAL ASSISTANCE TO AN ESTIMATED 1,300 FAMILIES; 1 LOAN TOTALING $1,000,000 WHICH SUPPORTED REFINANCING OF EXISTING DEBT FOR A NONPROFIT THAT PROVIDES CARE FOR NEARLY 2,800 ABANDONED, NEGLECTED, ABUSED AND DEVELOPMENTALLY DISABLED CHILDREN AND ADULTS THROUGH FAMILY FOSTER CARE, GROUP HOMES AND VARIOUS IN-HOME AND PREVENTIVE FAMILY SERVICES IN THE NEW YORK METRO AND HUDSON VALLEY AREA OF NEW YORK.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mr Gregory MaherEXECUTIVE DIRECTOR40$213,882
Mr Jose RiveraFINANCE DIRECTOR40$133,167
Mr Kevin McqueenDIRECTOR OF LENDING40$105,000
Mr Jonathan HummelBOARD MEMBER0.5$0
Rev Julius WallsBOARD MEMBER0.5$0
Ms Elizabeth TorresBOARD MEMBER0.5$0
Ms Darlene RobinsonBOARD MEMBER0.5$0
Mr Joseph ReillyBOARD MEMBER0.5$0
Mr Dan LetendreBOARD MEMBER0.5$0
Ms Becky KochBOARD MEMBER0.5$0
Ms Elaine DovasBOARD MEMBER0.5$0
Sr Ellenrita Purcaro OpBOARD SECRETARY0.5$0
Ms Toni PalamarBOARD TREASURER0.5$0
Sr Peggy Scarano OpBOARD VICE PRESIDENT (AS OF 06/2020)0.5$0
Mr Michael SenaBOARD VICE PRESIDENT (UNTIL 05/2020)0.5$0
Sr Rosemary Jeffries RsmBOARD PRESIDENT0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202121389349300737_public.xml