Overview
What is Westhab Inc?
Westhab Inc is a New York-based nonprofit organization with a mission to provide safe and affordable housing for homeless and low-income individuals and families. With a workforce of 1,482 employees, they aim to help people become self-sufficient while revitalizing distressed neighborhoods. Their operations involve the development of affordable housing and the provision of essential services. Westhab's goal is to create stable living environments that foster personal growth.
Official website here: www.westhab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star Rating
Westhab Inc has received an 85% score from Charity Navigator, earning a Three-Star rating. This rating reflects a strong performance in accountability and finance, with a notable emphasis on transparency and effective governance practices. The organization has a fully independent board and excels in various accountability measures, indicating a commitment to ethical management.
The financial health of Westhab Inc is robust, demonstrated by a high program expense ratio of 93.56%, meaning a significant majority of its expenses are directed towards its programs rather than administrative costs. Additional strengths include having no material diversion of assets and maintaining comprehensive policies on conflicts of interest and whistleblower protections. The organization also actively posts its financial documents online, fostering transparency.
While the overall rating is positive, the data does not provide insights into the impact or effectiveness of Westhab's programs. Potential donors and supporters may want to seek additional information regarding the outcomes of their initiatives and how they measure success in serving their community.
This AI summary has been generated from information found on Charity Navigator.
Is Westhab Inc legitimate?
Westhab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westhab Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,685,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,014,535
For more financial information, click here
Official website here: www.westhab.org
What is the mission statement of Westhab Inc?
Westhab Inc's mission is to construct communities that transform lives. By offering safe and affordable housing, this organization enables homeless and low-income individuals and families to attain self-sufficiency. Furthermore, Westhab aims to enhance the physical, social, and economic stability of distressed neighborhoods. They do this by building affordable housing, rejuvenating communities, and providing essential adult and youth services.
Official website here: www.westhab.org
Who is the CEO of Westhab Inc?
Richard Nightingale is the President & Ceo of Westhab Inc. The CEO's salary of Westhab Inc is $407,733 and their total compensation is $453,048.
Official website here: www.westhab.org
What is the revenue of Westhab Inc?
Westhab Inc's revenue in 2022 was $111,319,786.
Official website here: www.westhab.org
Who are the executives of Westhab Inc and what are their salaries?
The average compensation at Westhab Inc during 2022 was $26,113. There are 1482 employees and 200 volunteers at Westhab Inc.
Here are 33 key members and their salaries (Westhab Inc's CEO's salary is $407,733 and their total compensation is $453,048):
- Compensation: $407,733
- Related: $0
- Other: $45,315
- Compensation: $278,420
- Related: $0
- Other: $43,454
- Compensation: $264,439
- Related: $0
- Other: $42,476
- Compensation: $248,491
- Related: $0
- Other: $41,359
- Compensation: $191,362
- Related: $0
- Other: $22,895
- Compensation: $177,161
- Related: $0
- Other: $35,131
- Compensation: $161,444
- Related: $0
- Other: $35,266
- Compensation: $177,682
- Related: $0
- Other: $12,438
- Compensation: $146,437
- Related: $0
- Other: $34,216
- Compensation: $146,239
- Related: $0
- Other: $19,737
- Compensation: $142,767
- Related: $0
- Other: $10,648
- Compensation: $128,847
- Related: $0
- Other: $23,965
- Compensation: $117,015
- Related: $0
- Other: $32,156
- Compensation: $127,180
- Related: $0
- Other: $18,403
- Compensation: $115,589
- Related: $0
- Other: $28,467
- Compensation: $123,383
- Related: $0
- Other: $18,137
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Official website here: www.westhab.org
Where can I find the form 990 for Westhab Inc?
Westhab Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westhab.org
Learn more at the official website: www.westhab.org
Mission Statement of Westhab Inc
Westhab Inc, a renowned nonprofit organization, is dedicated to building communities and changing lives. Their primary mission is to provide safe, affordable housing for homeless and low-income individuals and families. By offering housing, they enable people to work towards self-sufficiency and improve their physical, social, and economic stability. Additionally, Westhab Inc strives to revitalize distressed neighborhoods by developing affordable housing and providing critically needed adult and youth services. Their ultimate goal is to create thriving communities where people can call home and build better lives for themselves.
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Impact
August, 2024
Westhab Inc's impact lies in its commitment to providing safe, affordable housing to homeless and low-income families. By offering housing services and operations that aim to foster physical, social, and economic stability in distressed neighborhoods, Westhab Inc plays a crucial role in building communities and changing lives. Through their mission of enabling individuals and families to become self-sufficient, developing affordable housing, revitalizing communities, and providing essential adult and youth services, Westhab Inc contributes significantly to creating a more stable and secure environment for those in need.
This information is meant to be a general summary of Westhab Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $136,996
- Program Service Revenue: $3,401,999
- Gross Receipts: $111,524,011
Assets and Liabilities:
- Total Assets: $322,845,331
- Total Liabilities: $243,322,717
- Net Assets: $79,522,614
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANTS RENT PARTICIPATION
Revenue
$2,321,147
AFFORDABLE HOUSING MANAGEMENT FEES
Revenue
$462,648
DEVELOPER FEES
Revenue
$618,204
Organization Details
Founding Year
1981
Phone
(914) 345-2800Principal Officer
Richard Nightingale
Main Address
8 Bashford Street, Yonkers, NY, 10701
Website
www.westhab.orgNTEE Category
Code: L410 - Housing
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