Pathstone Corporation
Also known as Group Return PathStone Housing Action Corporation
Pathstone Corporation reported $22.7 million in revenue and $23.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $87.36 went to program services, $12.64 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 76.3% of the total. Government grants made up 72.4%. The highest compensation it reported for one person was $301,259 (Senior Vice President). Revenue rose 6% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $23MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $23MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.4% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.6% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 76.3% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 72.4% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 21.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $301,259 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.28% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 49.3 | 10.0 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseADULT EDUCATION, TRAINING & EMPLOYMENT: Provide quality job training and employment services leading to gainful employment at livable wages for individuals who are underemployed or unemployed. The services offered are: skills assessment, job training, career exploration, placement and retention support. Those served include: farmworkers, seniors, formerly incarcerated/returning citizens, TANF recipients, residents of targeted communities, and other low-wage workers. 4,341 people were enrolled in services and 835 more were placed in jobs. Continued on Schedule OServices are available in…
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…
REAL ESTATE DEVELOPMENT: PathStone and its affiliates 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. 47 affordable housing units have been developed, $27,000,000 has been invested in affordable housing…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Senior Vice President Officer, 1.00 hrs/week | $0 | $283,714 | $17,545 | $301,259 |
| VP of Finance, Treasurer Officer, 1.00 hrs/week | $0 | $243,827 | $16,391 | $260,218 |
| Secretary Officer, 0.20 hrs/week | $0 | $221,743 | $6,660 | $228,403 |
| VP for Housing Officer, 0.20 hrs/week | $0 | $185,335 | $17,914 | $203,249 |
| VP and Assistant Treasurer Officer, 0.20 hrs/week | $0 | $177,457 | $15,976 | $193,433 |
| VP for Property Management Officer, 0.20 hrs/week | $0 | $156,319 | $26,695 | $183,014 |
| President Officer, 0.20 hrs/week | $0 | $153,712 | $3,038 | $156,750 |
| Vice President Officer, 0.20 hrs/week | $0 | $110,800 | $3,324 | $114,124 |
0 people received more than $100,000 in reportable compensation from Pathstone Corporation (Part VII, line 2).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 611
Correct a figure or respond
Every number above is copied from Pathstone Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Pathstone Corporation, you can publish a response that is linked from this page.
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Of every $100 Pathstone Corporation spent in FY2025, $87.36 went to programs. The full breakdown, from its IRS Form 990:
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All housing & shelter charities · Largest charities in New York
Questions people ask
How much of Pathstone Corporation's spending goes to programs?
In the fiscal year ending September 30, 2025, Pathstone Corporation reported that 87.4% of its $23.5 million in expenses went to program services, 12.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Pathstone Corporation pay its top executive?
The largest total compensation Pathstone Corporation reported for one person in the fiscal year ending September 30, 2025 was $301,259, for the role of Senior Vice President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Pathstone Corporation get its money?
Of $22.7 million in revenue in the fiscal year ending September 30, 2025, 76.3% came from contributions and grants (including 72.4% from government grants) and 21.3% from program service revenue (Form 990, Part VIII).
Is Pathstone Corporation a registered charity?
The IRS lists EIN 16-1183242 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622229349301817 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522109349301107 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349303813 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202322169349300637 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202310419349300016 · read the filing
All filings for EIN 16-1183242: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.