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Nonprofit · EIN 13-3154100

LEVITICUS 25-23 ALTERNATIVE FUND INC

Tax-exempt · TARRYTOWN, NY 10591

Financials

$9.9M$4.2M2023$15.8M$5.5M2024$11.3M$8.6M2025
Revenue Expenses · by fiscal year end
Financials of LEVITICUS 25-23 ALTERNATIVE FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$11,346,687$8,617,003$2,729,684$157,103,270$109,690,613$47,412,657
December 31, 2024990$15,772,383$5,529,123$10,243,260$136,483,847$91,800,874$44,682,973
December 31, 2023990$9,907,653$4,151,054$5,756,599$91,814,753$57,375,040$34,439,713
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$3,037,990
of which government grants
$2,285,000
Program service revenue
$7,865,008
Investment income
$441,203
Other revenue
$2,486

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$580,451
Other salaries and wages
$1,659,999
Salaries, compensation and benefits (total)
$2,676,729
Professional fundraising fees
$0
Legal fees
$62,500
Occupancy
$194,902
Travel
$23,934
Program services (functional)
$7,759,999
Management and general (functional)
$716,608
Fundraising (functional)
$140,396

Balance sheet and other

Total assets, start of year
$136,483,847
Total assets, end of year
$157,103,270
Total liabilities, end of year
$109,690,613
Net assets, end of year
$47,412,657
Land, buildings and equipment
$46,712
Net assets without donor restrictions
$38,580,342
Net assets with donor restrictions
$8,832,315
Gross receipts
$11,346,687
Employees
22
Volunteers
29
Year formed
1983
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MR GREGORY MAHEREXECUTIVE DIRECTOR
Trustee or director, Officer
40$302,500$47,833
MR JOSE RIVERAFINANCE DIRECTOR
Officer
40$214,583$15,535
MS SOHAM DHESISENIOR INVESTMENT OFFICER
Highest-paid employee
40$166,333$32,690
MR KEVIN MCQUEENDIRECTOR OF LENDING
Highest-paid employee
40$170,333$17,712
MR BRIAN GURSKICHIEF COMPLIANCE & IMPACT OFFICER
Highest-paid employee
40$143,231$33,763
MR ALEXANDER CANZONEINVESTMENT OFFICER
Highest-paid employee
40$103,333$19,669
SR ROSEMARY JEFFRIES RSMBOARD PRESIDENT
Trustee or director, Officer
0.5$0$0
MS DARLENE ROBINSONBOARD VICE PRESIDENT
Trustee or director, Officer
0.5$0$0
MR RONALD ROSADO ABADBOARD TREASURER
Trustee or director, Officer
0.5$0$0
SR ELLENRITA PURCARO OPBOARD SECRETARY
Trustee or director, Officer
0.5$0$0
SR PEGGY SCARANO OPBOARD MEMBER
Trustee or director
0.5$0$0
MS ELAINE DOVASBOARD MEMBER
Trustee or director
0.5$0$0
MR DAN LETENDREBOARD MEMBER
Trustee or director
0.5$0$0
MR JOSEPH REILLYBOARD MEMBER
Trustee or director
0.5$0$0
MS ELIZABETH TORRESBOARD MEMBER
Trustee or director
0.5$0$0
8 more people on this return
NameTitleHours / weekCompensation
MR JONATHAN HUMMELBOARD MEMBER
Trustee or director
0.5$0
MS MARIA FERREIRA LMSWBOARD MEMBER
Trustee or director
0.5$0
MS ARIEL GARCIABOARD MEMBER
Trustee or director
0.5$0
MS MELODY MARAVILLASBOARD MEMBER
Trustee or director
0.5$0
MS JUSTINE MCPHERSONBOARD MEMBER
Trustee or director
0.5$0
MR RALPH BUMBACABOARD MEMBER
Trustee or director
0.5$0
MS BECKY KOCHBOARD MEMBER (UNTIL 5/25)
Trustee or director
0.5$0
MR JONATHAN VASCONESBOARD MEMBER (UNTIL 12/25)
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
MR GREGORY MAHEREXECUTIVE DIRECTOR
Trustee or director, Officer
40$266,036$55,608
MR JOSE RIVERAFINANCE DIRECTOR
Officer
40$179,199$14,376
MR KEVIN MCQUEENDIRECTOR OF LENDING
Highest-paid employee
40$150,839$23,983
MS SOHAM DHESISENIOR INVESTMENT OFFICER
Highest-paid employee
40$141,743$31,828
MS KAYLA JEFFREYSENIOR INVESTMENT OFFICER
Highest-paid employee
40$103,956$19,370
MS MARYANN SORESEIMPACT MEASUREMENT & COMPLIANCE OFFICER
Highest-paid employee
40$103,861$10,439
MS HELEN DAVISLOAN MANAGER
Highest-paid employee
40$102,798$10,108
SR ROSEMARY JEFFRIES RSMBOARD PRESIDENT
Trustee or director, Officer
0.5$0$0
MS DARLENE ROBINSONBOARD VICE PRESIDENT
Trustee or director, Officer
0.5$0$0
MR RONALD ROSADO ABADBOARD TREASURER
Trustee or director, Officer
0.5$0$0
SR ELLENRITA PURCARO OPBOARD SECRETARY
Trustee or director, Officer
0.5$0$0
SR PEGGY SCARANO OPBOARD MEMBER
Trustee or director
0.5$0$0
MS ELAINE DOVASBOARD MEMBER
Trustee or director
0.5$0$0
MS BECKY KOCHBOARD MEMBER
Trustee or director
0.5$0$0
MR DAN LETENDREBOARD MEMBER
Trustee or director
0.5$0$0
MR JOSEPH REILLYBOARD MEMBER
Trustee or director
0.5$0$0
MS ELIZABETH TORRESBOARD MEMBER
Trustee or director
0.5$0$0
MR JONATHAN HUMMELBOARD MEMBER
Trustee or director
0.5$0$0
MR JONATHAN VAZCONESBOARD MEMBER
Trustee or director
0.5$0$0
MS MARIA FERREIRA LMSWBOARD MEMBER
Trustee or director
0.5$0$0
MS ARIEL GARCIABOARD MEMBER
Trustee or director
0.5$0$0
MS MELODY MARAVILLASBOARD MEMBER
Trustee or director
0.5$0$0
MS JUSTINE MCPHERSONBOARD MEMBER
Trustee or director
0.5$0$0
MS SHONA ST ANGELOBOARD MEMBER (UNTIL 5/2024)
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
MR GREGORY MAHEREXECUTIVE DIRECTOR
Officer
40$265,833$47,191
MR JOSE RIVERAFINANCE DIRECTOR
Officer
40$174,333$13,312
MS SOHAM DHESISENIOR INVESTMENT OFFICER
Highest-paid employee
40$139,333$30,438
MR KEVIN MCQUEENDIRECTOR OF LENDING
Highest-paid employee
40$140,625$25,807
MS KAYLA JEFFREYSENIOR INVESTMENT OFFICER
Highest-paid employee
40$111,000$18,031
SR ROSEMARY JEFFRIES RSMBOARD PRESIDENT
Trustee or director, Officer
0.5$0$0
MS DARLENE ROBINSONBOARD VICE PRESIDENT
Trustee or director, Officer
0.5$0$0
MR RONALD ROSADO ABADBOARD TREASURER
Trustee or director, Officer
0.5$0$0
SR ELLENRITA PURCARO OPBOARD SECRETARY
Trustee or director, Officer
0.5$0$0
MS SHONA ST ANGELOBOARD MEMBER
Trustee or director
0.5$0$0
SR PEGGY SCARANO OPBOARD MEMBER
Trustee or director
0.5$0$0
MS ELAINE DOVASBOARD MEMBER
Trustee or director
0.5$0$0
MS BECKY KOCHBOARD MEMBER
Trustee or director
0.5$0$0
MR DAN LETENDREBOARD MEMBER
Trustee or director
0.5$0$0
MR JOSEPH REILLYBOARD MEMBER
Trustee or director
0.5$0$0
MS ELIZABETH TORRESBOARD MEMBER
Trustee or director
0.5$0$0
MR JONATHAN HUMMELBOARD MEMBER
Trustee or director
0.5$0$0
MR JONATHAN VAZCONESBOARD MEMBER
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
220 WHITE PLAINS RD SUITE 415, TARRYTOWN, NY 10591-5837
Principal officer (990 for 2025)
GREGORY MAHER, 220 WHITE PLAINS ROAD 415, TARRYTOWN, NY 10591
Signed the 990
GREGORY MAHER, EXECUTIVE DIRECTOR
Phone
(914) 909-4498
Return prepared by
AAFCPAS INC

Mission

THE LEVITICUS 25:23 ALTERNATIVE FUND IS ROOTED IN FAITH AND THE CALL FOR ACCESS TO ECONOMIC IMPROVEMENT. THE FUND PROVIDES FLEXIBLE CAPITAL, EXPERTISE, AND SUPPORT TO PROPEL THE GROWTH OF HEALTHIER COMMUNITIES. LEVITICUS CREATES OPPORTUNITIES FOR VULNERABLE, LOW-INCOME PEOPLE TO THRIVE AND LIVE WITH DIGNITY.

990 for the year ended December 31, 2025

Program accomplishments

  • THE LEVITICUS FUND'S FLEXIBLE CAPITAL AND TECHNICAL ASSISTANCE SUPPORT A RANGE OF COMMUNITY DEVELOPMENT PROJECTS SERVING LOW-INCOME COMMUNITIES, FAMILIES, AND INDIVIDUALS. HIGHLIGHTS OF OUR LENDING IN 2025 INCLUDE:TWENTY-FOUR, OR 73%, OF THE PROJECTS FINANCED WERE AFFORDABLE HOUSING RELATED. SEVEN PROJECTS INVOLVED CHILDCARE CENTERS, HEALTHY FOOD RETAIL, AND COMMUNITY FACILITIES.TOTAL DEVELOPMENT WILL GENERATE 1,925 UNITS OF RENTAL HOUSING, WITH 1,639 UNITS, OR 85%, SERVING LOW-INCOME HOUSEHOLDS (80% AMI), PLUS AN ADDITIONAL 85 TRANSITIONAL UNITS. OF THE 1,925 AFFORDABLE UNITS, 53% ARE DESIGNATED FOR VERY LOW AND EXTREMELY LOW-INCOME FAMILIES AND INDIVIDUALS. SIX HUNDRED AND FIFTY-FIVE UNITS, OR 34%, WILL INCLUDE SUPPORTIVE SERVICES. OF THE 24 HOUSING PROJECTS WE FUNDED, 19, OR 80%, MET A GREEN BUILDING STANDARD OR INVOLVED GREEN BUILDING FEATURES.IN TERMS OF THE COMMUNITIES WE SERVED IN 2025, 22, OR 67%, OF OUR LOANS WERE TO PROJECTS LOCATED IN AREAS OF ECONOMIC DISTRESS WHICH ARE CENSUS TRACTS CHARACTERIZED BY HIGH POVERTY RATES, UNEMPLOYMENT, AND LOW-INCOME LEVELS. NINETEEN, OR 58%, OF OUR LOANS WERE TO PROJECTS LOCATED IN LOW INCOME DISADVANTAGE COMMUNITIES WHICH ARE CENSUS TRACTS THAT FACE A DISPROPORTIONATE BURDEN OF ENVIRONMENTAL AND SOCIAL CHALLENGES OFTEN DUE TO FACTORS SUCH AS POVERTY, LACK OF ACCESS TO RESOURCES, AND EXPOSURE TO ENVIRONMENTAL POLLUTION.
    Expenses $7,759,999 · revenue $7,867,494

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3154100
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Exempt since
1946
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P28Z)
Assets (IRS master file)
$157,103,270
Income (IRS master file)
$11,346,687

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$11,346,687$8,617,003$157,103,270XML
990December 2024$15,772,383$5,529,123$136,483,847IRS
990December 2023$9,907,653$4,151,054$91,814,753XML
990December 2022$9,522,448$3,682,427$78,088,191IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3154100).

Questions about LEVITICUS 25-23 ALTERNATIVE FUND INC

What is the EIN of LEVITICUS 25-23 ALTERNATIVE FUND INC?
The employer identification number (EIN) of LEVITICUS 25-23 ALTERNATIVE FUND INC is 13-3154100.
Is LEVITICUS 25-23 ALTERNATIVE FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does LEVITICUS 25-23 ALTERNATIVE FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEVITICUS 25-23 ALTERNATIVE FUND INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEVITICUS 25-23 ALTERNATIVE FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LEVITICUS 25-23 ALTERNATIVE FUND INC?
The 990 for the year ended December 31, 2025 names GREGORY MAHER.
Who are the officers and directors of LEVITICUS 25-23 ALTERNATIVE FUND INC?
The 990 for the year ended December 31, 2025 lists 23 people; 6 received compensation from the organization, the highest $302,500 (MR GREGORY MAHER, EXECUTIVE DIRECTOR).
How much revenue does LEVITICUS 25-23 ALTERNATIVE FUND INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $11,346,687, expenses of $8,617,003 and total assets of $157,103,270 at year end.

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