2022 Annual Report

Partners and Financial Summary

Community Lending

Comunilife, Inc.
$1,232,619 permanent loan
78 affordable/supportive units

Comunilife’s mission is to provide vulnerable communities with housing and culturally sensitive supportive services. We committed a pre-construction loan to get this project started, and played a second role in the project, after construction, by providing the completed project a permanent loan. Nonprofit efforts to build, sustain, and support strong communities where people of all incomes can achieve their full potential strongly aligns with the mission of Leviticus. 

Center for Family Life, Sunset Park
$3,000,000 mini-permanent loan

The Center for Family Life of Sunset Park (CFL) was established in 1978 by two Sisters of the Good Shepherd. Our loan will allow CFL to continue as a stabilizing force in a neighborhood plagued by persistent poverty. CFL provides integrated social and human services that promote the development of families and children and increases the quality of life for neighborhood residents.

The Doe Fund
$5,250,000 acquisition/predevelopment loan
96 affordable/supportive units

The Doe Fund (TDF) is a developer and service provider for homeless persons, with a focus on people returning from prison. Our loan refinanced an existing $4.0 million acquisition loan and $1.0 million predevelopment loan for The Casanova, a property at 1220 Spofford Avenue. The Casanova will include 35 units for persons living with HIV/AIDS and 23 units for chronically homeless individuals. The remaining 37 units will be reserved for seniors 62 and older.

Women In Need
$500,000 predevelopment loan
318 transitional, supportive and affordable units

Since they opened their first shelter in 1983, WIN (Women in Need) has been offering transitional shelter and supportive housing for families experiencing homelessness and outpatient substance abuse treatment specifically for women. The Project will demolish an obsolete 72,000 square foot city-owned homeless shelter on the site and create a new facility to help women and children rebuild their lives and break the cycle of homelessness.

The Beacon Center’s residential building will be constructed at the back of the existing East Harlem Multi-Service Center, which will be rehabilitated and expanded.

TCB – The Beacon
$1,924,248 predevelopment loan
264 affordable units

TCB (The Community Builders) was established in 1964 to build and sustain strong communities where people of all incomes can achieve their full potential. This project, dubbed The Beacon, will preserve the historic Public School 80 building for its existing tenants, and create a new 100% affordable 250-unit residential building with 30% of homes set aside for households that have experienced homelessness.

Glens Falls Area Habitat for Humanity
Warren County, NY
$758,678 acquisition/rehab/mini-perm loan
10 affordable units

Glens Falls, population 14,722, sits mid-way between New York City and Montreal. The local Habitat for Humanity saw that rehabbing single-family homes wasn’t doing enough to address the region’s need for affordable housing. They assembled funding from a variety of sources to purchase a multi-family home, including a loan from the Leviticus Fund. Two existing five-unit buildings will be renovated to create 10 units of much-needed affordable rental housing in the community. 

Evergreen Village CoOperative, LLC
Mt. Bethel, PA
$2,197,913 ($2,200,000 mini-perm loan participation)
158 affordable homes

Evergreen Village is a 158-site manufactured home community set on almost 80 acres, built in the early 1980s and managed by the same family for 40 years. Ninety-three percent (93%) of tenants are over the age of 55, 74% are over 62 and 71% are low-income. When the owners wished to retire, they agreed to work with ROC (Resident Ownership Capital USA, LLC) to allow tenants to form a co-operative and preserve their naturally occurring retirement community.


Financial Statements for the Years Ended December 31, 2022 and 2021



Evergreen Village


The Leviticus Fund welcomes donations of any size, which increase our lending capacity and allow our donors to give back to the communities where they live and work.

Learn More About Giving to Leviticus Fund

Gifts Received 1/1/22 – 12/31/22 

We make every effort to ensure the accuracy of this report. If there is an error or omission, please accept our apologies and contact Jose Rivera at [email protected] to correct. 

In October, the entire Leviticus team assembled at our headquarters in Tarrytown – the first time we’ve all been in the office together since the pandemic! Following a delicious lunch, we wrapped up our work and headed to the Opportunity Finance Network (OFN) Conference in New York City.

After two years of virtual convenings, the enthusiasm for learning, sharing and networking was palpable. The theme of the conference – Invest in Change – was more than a theme. It was a call to action. It defines the work we and other Community Development Financial Institutions (CDFIs) do every day to provide economic opportunity for all.

When you make a gift to Leviticus in any amount, you’re investing in change.

We thank you for your support.

Individual Donors

  • Amy Barber 
  • Jonathan Beard & Rachel Theilheimer 
  • Anne Marie Bucher, OP 
  • Lisa & Dick Cashin 
  • Bernadette Cronin-Geller 
  • Salvatore & Bernadette Del Bene 
  • Rose DiMartino & Karen Smith 
  • Rev. Kevin Donovan 
  • Jennifer Gamlen 
  • Jonathan Hummel & Joanna Edwards 

  • Rosemary Jeffries, RSM 
  • Carole Kakos 
  • Maureen LaPiana 
  • Sue Ellen & Greg Maher 
  • Robert & Mary Jean McCarthy 
  • Robert T. McCarthy 
  • Paul & Michele Meaney 
  • Kathy Murnion 
  • Richard & Susan O’Brien 
  • John & Mary Beth Powers 
  • Ellenrita Purcaro, OP 
  • David & Sharon Raynor 
  • Alexander Roberts 
  • Colleen M. Ryan 
  • Steve Sagner 
  • Peggy Scarano, OP 
  • Donald A. Smith, Jr. 
  • Frances Sullivan & John Brennan 
  • Justin & Kristi Towey 
  • Michael Vitale & Christine Flanigan 
  • John Young 

Organizational Donors

  • Amazon Smile 
  • Apple Bank for Savings 
  • Capital One 
  • CDFI Fund 
  • HSBC Bank 
  • KeyBank Foundation 
  • M&T Charitable Foundation 
  • Morgan Stanley 
  • New York Community Bancorp 
  • PNC Foundation 
  • Renate, Hans & Maria Hofmann Trust 
  • Ridgewood Savings Bank 
  • Santander Bank, N.A. 
  • Signature Bank 
  • TD Charitable Foundation 
  • Webster Bank 
  • Wells Fargo 

Memorial and Tribute Gifts

  • In memory of Michael Gaffney 
    Leonora Maher 
  • In memory of Robert McCarthy 
    Leonora Maher 


Do you want to foster social and environmental impact as well as earn a financial return? Become an impact investor with the Leviticus Fund, and we’ll put your resources to work helping people and communities in need. We offer investment opportunities to organizations and individuals.

Learn About Investing in Leviticus Fund

Member Investors

  • Albany Area Housing Opportunities, Albany, NY 
  • Augustinians of the Province of St. Thomas of Villanova, Villanova, PA 
  • Catholic Biblical Association, Washington, DC 
  • Church of St. Raymond, Bronx, NY 
  • Congregation de Notre-Dame, Blessed Sacrament Province 
  • Congregation of Holy Cross, Moreau Province, Austin, TX 
  • Congregation of Infant Jesus, Rockville Centre, NY 
  • Congregation of the Blessed Sacrament, Cleveland, OH 
  • Crusade for Family Prayer, North Easton, MA 
  • Daughters of Divine Charity, Staten Island, NY 
  • Daughters of the Holy Spirit, Putnam, CT 
  • Daughters of Wisdom, Islip, NY 
  • Discalced Carmelite Nuns, Beacon, NY 
  • Dominican Sisters of Hope, Ossining, NY  
  • Dominican Sisters of Peace, Columbus, OH  
  • Dominican Sisters of Sparkill, NY 
  • Felician Sisters of North America, Beaver Falls, PA  
  • Franciscan Brothers of Brooklyn, NY 
  • Franciscan Sisters of Allegany, St. Bonaventure, NY 
  • Franciscan Sisters of Peace, Haverstraw, NY 
  • Franciscan Sisters of Peekskill, NY 
  • Franciscan Sisters of the Atonement, Garrison, NY 
  • FSC DENA Endowment Trust, Eatontown, NJ 
  • Georgian Court University, Lakewood, NJ 
  • Leadership Conference of Women Religious, Region 2, NY 
  • Marist Brothers of the Schools, Forest Hills, NY 
  • Maryknoll Fathers and Brothers, Ossining, NY 
  • Maryknoll Sisters, Ossining, NY 
  • Mercy Investment Services Inc., St. Louis, MO 
  • Montfort Missionaries, Bay Shore, NY 
  • Paulist Fathers, New York, NY 
  • Province of St. Mary of the Capuchin Order, White Plains, NY 
  • Redemptoristine Nuns, Beacon, NY 
  • Religious of the Sacred Heart of Mary, Tarrytown, NY 
  • Salesian Society, Province of St. Philip the Apostle, New Rochelle, NY 
  • School Sisters of Notre Dame Atlantic-Midwest Province, Baltimore, MD 
  • School Sisters of St. Francis, Milwaukee, WI 
  • Sisters of Charity of Halifax, Nova Scotia, Canada 
  • Sisters of Charity of New York, Bronx, NY 
  • Sisters of Charity of the Blessed Virgin Mary, Dubuque, IA 
  • Sisters of Mary Reparatrix, Allen Park, MI 
  • Sisters of Our Lady of Christian Doctrine, Nyack, NY 
  • Sisters of St. Dominic, Blauvelt, NY  
  • Sisters of St. Dominic, Caldwell, NY 
  • Sisters of St. Francis of Philadelphia, Aston, PA 
  • Sisters of St. Francis of the Neumann Communities, Syracuse, NY 
  • Sisters of St. John the Baptist, Bronx, NY 
  • Sisters of St. Joseph, Brentwood, NY  
  • Sisters of St. Joseph of Carondelet, Albany Province, NY 
  • Sisters of St. Joseph of Peace, Englewood Cliffs, NY 
  • Sisters of St. Joseph of Rochester, NY 
  • Sisters of St. Ursula, Rhinebeck, NY 
  • Sisters of the Blessed Sacrament, Bensalem, NY 
  • Sisters of the Divine Compassion, White Plains, NY 
  • Sisters of the Good Shepherd, Astoria, NY 
  • Sisters of the Holy Cross, Notre Dame, IN 
  • Sisters of the Order of St. Dominic, Amityville, NY 
  • Sisters of the Presentation of the Blessed Virgin Mary, New Windsor, NY 
  • Sisters of the Resurrection, Castleton-on-Hudson, NY 
  • Sisters Servants of the Immaculate Heart of Mary,  Malvern, PA 
  • Sisters Servants of the Immaculate Heart of Mary, Scranton, PA 
  • Society of Jesus, Northeast Province, NY 
  • Society of the Holy Child Jesus, American Province, Rosemont, PA 
  • The Sinsinawa Dominicans, Sinsinawa, WI 
  • Ursuline Convent of St. Teresa, New Rochelle, NY 
  • Ursuline Sisters of the Roman Union, Eastern Province, New Rochelle, NY 
  • Ursuline Sisters of Tildonk, Jamaica, NY

Bold denotes Legacy Fund Member

Associate, Government, and Bank Investors

  • Amalgamated Bank 
  • Apple Bank for Savings 
  • Bank of America* 
  • Basilian Fathers of Toronto, Ontario, Canada 
  • Bon Secours Health System, Inc., Cincinnati, OH 
  • Capital One, N.A. 
  • Carmelite Communities, Inc., Beacon, NY 
  • Carmelite Sisters for the Aged and Infirm, Germantown, NY 
  • Carmelite Sisters of Charity, Washington, DC 
  • Catholic Health Initiatives, Englewood, CO 
  • CDFI Fund – United States Treasury 
  • CDFI Community Investment I, LLC 
  • Congregation of the Sisters of Charity of the Incarnate Word, Houston TX 
  • CNote Group, Inc.* 
  • De Colores Foundation, Chula Vista, CA 
  • Deutsche Bank Americas Foundation 
  • DIME Bank (formerly Bridgehampton National Bank) 
  • General Board of Global Ministries of the United Methodist Church, Atlanta, GA 
  • HSBC Bank USA, N.A. 
  • Key Bank* 
  • Leadership Conference of Women Religious, Region 2, NY 
  • M&T Bank  
  • Mercy Investment Services Inc., St. Louis, MO 
  • Missionary Sisters Servants of the Holy Spirit, Techny, IL 
  • Mizuho Bank 
  • New England Conference of Diocesan Directors of Religious Education 
  • New York Quarterly Meeting, New York, NY 
  • Opportunity Finance Network-HSBC Good to Grow 
  • Opportunity Fund II, LP 
  • Regional Foundation, LLC, Philadelphia, PA  
  • Religious Communities Impact Fund 
  • Sacred Heart University, Inc.*  
  • School Sisters of Notre Dame, Atlantic-Midwest Province 
  • School Sisters of Notre Dame, Central Pacific Province 
  • Seton Enablement Fund, Sisters of Charity of Cincinnati, OH 
  • Sisters of Charity, Nazareth, KY 
  • Sisters of Charity of St. Elizabeth, Convent Station, NJ 
  • Sisters of St Joseph of Carondelet, Albany Province 
  • Sisters of St Joseph of Carondelet, St. Paul Province 
  • Sisters of St Joseph of Northwestern Pennsylvania 
  • Sisters of the Holy Names of Jesus and Mary, U.S – Ontario Province 
  • Sisters, Servants of Immaculate Heart of Mary, Scranton PA 
  • Society of the Divine Word, Techny, IL 
  • St. John’s Episcopal Church, Larchmont, NY 
  • St. Thomas Aquinas College 
  • TD Bank* 
  • The Sustainability Group, Boston, MA 
  • Trinity Health Corporation, Livonia, MI 
  • Unitarian Universalist Congregation at Shelter Rock, NY 
  • Ursuline Community – Linden Avenue, New Rochelle, NY   
  • U.S. Bank 
  • Webster Bank N.A. (Sterling Bank legacy) 
  • Wells Fargo 

* Denotes new investment in 2022

Individual Associate Investors

  • David & Paula Antonacci  
  • Jonathan D. Beard & Rachel Theilheimer   
  • Anne Marie Bucher, OP   
  • Lynn & Thomas Campbell   
  • Ainsley Chanda   
  • Edward & Elaine Chanda   
  • Quincy E. Chanda   
  • Thomas Conlon   
  • Peter Crippen   
  • Nancy & Joe Cruickshank 
  • Julie Cutter, DC 
  • Jeanne-Marie DeBaun 
  • Arthur Diem, III   
  • Rose DiMartino & Karen Smith 
  • Dorothy Distel 
  • Lawrence and Marjorie Donahue   
  • Marilyn Dunn, OP 
  • Mary-Cabrini Durkin   
  • Katherine M. Elsner 
  • Mary Florin-McBride & Guy Garandeau 
  • Gadfly Trust 
  • Sarah Gamble 
  • Marjorie Gilbert   
  • David Gustafson 
  • Barbara Jane Hart & Joseph Slakas   
  • Jonathan Hummel & Joanna Edwards 
  • John & RoseMary Hunt   
  • Carole Kakos Trust 
  • Brian Kaminer 
  • Patricia M. Kenny   
  • Alan J. Kidder  
  • Cynthia Knox 
  • Ann W. LaValle   
  • Elizabeth M. Leddy Trust 
  • Francis R. Lewis 
  • Lenore Maroney   
  • Thomas & Heather McArdle   
  • William M. & Miriam F. Meehan Foundation Inc.   
  • Hayley Morland* 
  • Kathleen Murnion   
  • Mary C. Oberc   
  • Richard & Susan O’Brien   
  • Maureen O’Leary 
  • Carla Padilla 
  • James Pittman 
  • Dr. Frances M. Poggioli   
  • David & Sharon Raynor 
  • Jane & Joseph Reilly   
  • Lawrence M. Rich & Susan Weissert   
  • Darlene Robinson 
  • Cathy & Tom Rowan   
  • Michael Sena   
  • Amy Sherman 
  • John Socolick 
  • Robert Strittmatter & Norine R. DiCarlo   
  • Mary A. Sullivan 
  • Kathleen Tashner 
  • Robert Thoelen 
  • Richard & Charline Watts 
  • Margaret and Leonard Weber 
  • Kathleen M. Worthington 

* Denotes new investment in 2022

Leviticus Fund Team

Board of Directors

Rosemary Jeffries, RSM
Board President
Executive Director
All-Africa Conference: Sister to Sister

Darlene Robinson
Board Vice President
Vice President
Commercial Community Development Lending
Fulton Bank

Sr. Ellenrita Purcaro, OP 
Board Secretary  
Empowerment Center at Harmony Farm 

Ronald Rosado Abad 
Board Treasurer 
Chief Executive Officer 
Community Housing Innovations 

Elaine Dovas 
CRA Officer, Senior Vice President  
Apple Bank for Savings 

Jonathan Hummel 
Managing Director, Risk Management  
Deutsche Bank AG  

Becky Koch 
Senior Relationship Manager & Team Leader 
HSBC Bank USA, N.A. 

Dan Letendre 
Managing Director and CDFI Lending & Investing Executive 
Bank of America 

Joseph F. Reilly 
President & CEO 
Community Development Trust, Inc.

Sr. Peggy Scarano, OP 
Regional Representative 

Shona St. Angelo 
Assistant Director of Finance 
Union for Reform Judaism 

Elizabeth Torres 
HousingSmarts, LLC 

Jonathan Vazcones 
First Vice President, CRA Officer 
Amalgamated Bank 


Carmel Caputo, CND
Missionaries of La Salette

Shelly Cleary
Community Development Trust , Inc.

Marisol Franco
Santander Bank, N.A.

Derrick Lovett
MBD Community Housing Corp.

Shawn Luther
Local Initiatives Support Corporation 

Kathleen Murnion
Retired Nonprofit Consultant

Peter Mosbacher
Webster Bank

Bill Rilley
Church of St. Raymond

Steve Sagner
American Technion Society 

Maryann Summa, OP
Retired, St. Thomas Aquinas College

Michael Vitale 
Webster Bank 

Rev. Julius Walls, Jr.  
Greater Centennial CDC 

Andrew Warren 
TD Bank 


ArentFox Schiff 
Christine McGuinness 

Richard Stempler 
Austin Castellano 
Robert McCarthy 

Haynes Boone 
Brad Lavender 
Stephanie Chung 
Abbey Hone 

Hunton Andrews Kurth 
Bethany Frank 
Molly Daugherty 
Sarah Eskreis 
Lara Adoumie 
Joelle Pisani 
Jillian Cherry 
Matthew Halal 

Rene Kathawala 
Jeffrey Philip 
Gerard Walsh 
Ekaterina Popoff 

Paul Hastings 
Michael Berman 
Zak Rosenbaum 
Justin Tsang 
Keegan Williams 

Michael McCarthy 


Greg Maher
Executive Director

Michael Bourne 
Accounting Supervisor 

Helen Davis 
Loan Manager  

Soham Dhesi  
Senior Investment Officer  

Kayla Jeffrey  
Senior Investment Officer 

 Jelani Jones  
Lending Associate 

Marlene Larrow 
Operations Associate 

Denise McCrawford 
Loan Management & Office Associate 

Kevin McQueen  
Director of Lending  

Jose Rivera  
Finance Director  

Colleen M. Ryan  
Communications Officer  

Maryann Sorese  
Impact Measurement & Compliance Officer 

Sabine Werner 
Grant Writer