PathStone Corporation

PathStone Corporation is a nonprofit community development and human services organization dedicated to eliminating poverty and strengthening families and individuals. Established in 1969, it provides services in several states, including New York, Pennsylvania, New Jersey, Ohio, Indiana, Virginia, Vermont, and Puerto Rico.

Mission and Vision

PathStone's mission is to build family and individual self-sufficiency by strengthening farmworker, rural, and urban communities. It promotes social justice through its programs and advocacy. The vision of PathStone is to be a visionary, diverse organization empowering individuals, families, and communities to attain economic and social resources for building better lives.

Services

PathStone offers a range of services across different divisions:

• Workforce Development: Provides quality career and employment services to enhance the skills, performance, and potential of individuals, leading to meaningful employment in desired career pathways.
• Education and Health: Delivers education and health services to promote lifelong learning, healthy living, and employability for individuals and families.
• Housing: Promotes access to personal counseling and financial resources to stabilize living environments and provide the foundation for economic security.
• Community Development: Creates opportunities for people to live and work in thriving communities, accessing robust community services.

Affiliates

PathStone has several affiliate organizations:

• PathStone Development Corporation (PDC): Focused on real estate development projects to preserve and expand affordable housing in rural, urban, and suburban communities.
• PathStone Management Corporation (PMC): Provides full service property management, specializing in the affordable housing market.
• PathStone Enterprise Center (PEC): Offers financial services, including loans for small businesses, and technical assistance to support local economic development.

Financial Profile

PathStone is primarily funded through contributions, which account for approximately 96% of its total revenue. The organization also earns income from program services and rental properties. As of recent financial reports, PathStone's total assets exceeded $36 million, reflecting its capacity to execute its mission effectively.

Impact

Through its comprehensive services and partnerships, PathStone plays a crucial role in economic development, particularly in underserved communities. Its programs have supported the creation of affordable housing, promoted local entrepreneurship, and enhanced community resources. In Puerto Rico, PathStone's efforts have been instrumental in bringing together funding organizations, businesses, and local communities to leverage economic opportunities.

[1] https://www.hispanicfederation.org/nonprofit-member/pathstone-corporation/ [2] https://pathstone.org/our-impact/ [3] https://www.hudexchange.info/programs/rural/case-studies/pathstone-corporation/ [4] https://projects.propublica.org/nonprofits/organizations/160984913 [5] https://pathstone.org/affiliateboardvacancies/