Overview
What is Henry Phipps Plaza East Inc?
Henry Phipps Plaza East Inc is a nonprofit organization established with the purpose of managing a 104-unit residential apartment building in Manhattan, New York. Its mission is to provide affordable housing for individuals with low income, ensuring they have access to a living space within the bustling city. The organization operates solely for this purpose, aiming to contribute positively to the local community.
Is Henry Phipps Plaza East Inc legitimate?
Henry Phipps Plaza East Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Henry Phipps Plaza East 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $226,115
For more financial information, click here
What is the mission statement of Henry Phipps Plaza East Inc?
Henry Phipps Plaza East Inc was established with the primary objective of providing low-income housing. To achieve this, the company was formed to own and operate a 104-unit residential apartment building. This endeavor is aimed at serving individuals who may not have the means to afford regular housing prices. By doing so, Henry Phipps Plaza East Inc contributes to the community by making housing more accessible and affordable. The company's mission is centered on providing a basic necessity, housing, to individuals who need it most.
Who is the CEO of Henry Phipps Plaza East Inc?
Adam Weinstein is the President of Henry Phipps Plaza East Inc.
What is the revenue of Henry Phipps Plaza East Inc?
Henry Phipps Plaza East Inc's revenue in 2022 was $2,117,835.
Who are the executives of Henry Phipps Plaza East Inc and what are their salaries?
The average compensation at Henry Phipps Plaza East Inc during 2022 was $75,372. There are 3 employees at Henry Phipps Plaza East Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $791,174
- Other: $162,104
- Compensation: $0
- Related: $330,476
- Other: $74,903
- Compensation: $0
- Related: $302,845
- Other: $69,987
- Compensation: $0
- Related: $326,830
- Other: $74,122
- Compensation: $0
- Related: $301,098
- Other: $58,003
Where can I find the form 990 for Henry Phipps Plaza East Inc?
Henry Phipps Plaza East Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Henry Phipps Plaza East Inc
Henry Phipps Plaza East Inc was established with a mission to provide affordable housing for individuals with low incomes. This nonprofit organization operates a 104-unit residential apartment building, serving as a sanctuary for those who may not otherwise have access to such housing opportunities. By owning and managing this building, Henry Phipps Plaza East Inc contributes to the community by ensuring that a significant number of individuals can reside in a secure and comfortable living environment. The organization's commitment to low-income housing is a vital step in supporting the well-being and stability of the community's members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Henry Phipps Plaza East Inc plays a crucial role in the community by owning and operating a 104-unit residential apartment building in Manhattan, New York. Its primary focus is to provide low-income housing, addressing a significant need for affordable living options in one of the most expensive cities in the world. By offering accessible housing, it contributes to the stability and well-being of low-income families and individuals, fostering a sense of community and helping to alleviate housing insecurity. The presence of such facilities can have a positive impact on local neighborhoods by promoting diversity and inclusivity, making urban living more attainable for a broader range of residents.
This information is meant to be a general summary of Henry Phipps Plaza East 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: $170,863
- Program Service Revenue: $1,929,974
- Gross Receipts: $2,117,835
Assets and Liabilities:
- Total Assets: $7,028,464
- Total Liabilities: $6,766,991
- Net Assets: $261,473
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,900,649
TENANT CHARGES
Revenue
$29,325
Organization Details
Founding Year
1970
Phone
(212) 243-9090Principal Officer
Adam Weinstein
Main Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY, 100106033
NTEE Category
Code: L21 - Housing
If you are a representative of Henry Phipps Plaza East Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.