Public Charity

PAISANO HOUSING RE-DEVELOPMENT CORP

PAISANO HOUSING RE-DEVELOPMENT CORP is a Public Charity headquartered in EL PASO, TX. Financial data from the 2025 filing: $32.9M revenue, $-10.9M expenses, $465.1M total assets.

EIN: 742793526 EL PASO, TX Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$32.9M
Total Expenses$-10.9M
Total Assets$465.1M
Grant Records0
Filing Years2020–2025

Mission

PROMOTE COMMUNITY REINVESTMENT BY FINANCING INSTITUTIONS TO SUPPORT THE AFFORDABLE HOUSING NEEDS OF LOWER INCOME RESIDENTS THROUGH COMMUNITY DEVELOPMENT LENDING, AFFORDABLE HOUSING, OR LINKED DEPOSIT PROGRAMS.

Where $100 goes at Paisano Housing Re-Development Corp

How Paisano Housing Re-Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$24 Programs the work itself
$76 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $24 for programs

$24
Promote community reinvestment by financing institutions to support the affordable housing needs of lower income residents through community development lending, affordable housing, or linked deposit programs
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

RESIDENT COMMISIONER Angelixa Avila
COMMISSIONER Anna Perez
CHAIRPERSON Eileen Karisruher
CHIEF EXECUTIVE OFFICER Gerald Cichon
VICE-CHAIRPERSON Richard Porras
CHIEF FINANCIAL OFFICER Zoran Arula

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $32.9M $-10.9M $465.1M
2024 $35.8M $9.1M $426.2M
2023 $29.0M $7.9M $415.2M
2022 $38.7M $-7.6M $370.5M
2020 $16.9M $977K $376.4M

Between 2020 and 2025, reported annual revenue grew from $16.9M to $32.9M (+95%), with total assets most recently reported at $465.1M.

Interactive year-over-year charts and full filing details available with membership.

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