Overview
What is Phipps Affordable Housing Support Corp?
Phipps Affordable Housing Support Corp is a nonprofit organization based in New York City, specifically at 902 Broadway, 13th Floor. Its primary mission is to assist not-for-profit corporations that are affiliates of Phipps Houses, a related 501(c)(4) organization, in the development of affordable housing for low-income individuals and families. By providing support, the corporation aims to contribute to the creation of affordable living spaces within the community, addressing a crucial need for many families.
Official website here: www.phippsny.org
Is Phipps Affordable Housing Support Corp legitimate?
Phipps Affordable Housing Support Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Phipps Affordable Housing Support Corp 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: $0
For more financial information, click here
Official website here: www.phippsny.org
What is the mission statement of Phipps Affordable Housing Support Corp?
Phipps Affordable Housing Support Corp is an organization dedicated to assisting not-for-profit corporations affiliated with Phipps Houses, a related 501(C)(4) organization. Its primary goal is to support the development of affordable housing for low-income individuals and families. By providing necessary resources and guidance, this corporation aims to contribute to the creation of sustainable living spaces for those who require financial assistance. The organization's mission is to foster a community where affordable housing is accessible, thereby improving the living conditions of numerous families.
Official website here: www.phippsny.org
Who is the CEO of Phipps Affordable Housing Support Corp?
Adam Weinstien is the Principal Officer of Phipps Affordable Housing Support Corp. The CEO's salary of Phipps Affordable Housing Support Corp is $0 and their total compensation is $968,887.
Official website here: www.phippsny.org
What is the revenue of Phipps Affordable Housing Support Corp?
Phipps Affordable Housing Support Corp's revenue in 2022 was -$749,916.
Official website here: www.phippsny.org
Who are the executives of Phipps Affordable Housing Support Corp and what are their salaries?
Here are 3 key members and their salaries (Phipps Affordable Housing Support Corp's CEO's salary is $0 and their total compensation is $968,887):
- Compensation: $0
- Related: $806,771
- Other: $162,116
- Compensation: $0
- Related: $340,062
- Other: $74,966
- Compensation: $0
- Related: $316,782
- Other: $69,454
Official website here: www.phippsny.org
Where can I find the form 990 for Phipps Affordable Housing Support Corp?
Phipps Affordable Housing Support Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phippsny.org
Learn more at the official website: www.phippsny.org
Mission Statement of Phipps Affordable Housing Support Corp
Phipps Affordable Housing Support Corp is an organization established with the primary objective of supporting not-for-profit corporations that are affiliates of Phipps Houses, a related 501(c)(4) organization. This support is geared towards the development of affordable housing for low-income individuals and families. The corporation's mission is to provide the necessary resources and assistance to these affiliated nonprofits, enabling them to effectively construct and manage affordable housing units. By doing so, Phipps Affordable Housing Support Corp aims to contribute to the alleviation of housing affordability issues faced by many low-income individuals and families. The corporation's role is crucial in facilitating the provision of affordable housing, thereby helping to improve the living conditions and quality of life for those in need.
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Impact
October, 2024
Phipps Affordable Housing Support Corp plays a crucial role in enhancing the availability of affordable housing for low-income individuals and families in New York. By supporting not-for-profit affiliates of Phipps Houses, the organization facilitates the development and improvement of housing initiatives that address the pressing needs of underserved communities.
The impact of Phipps Affordable Housing Support Corp is multi-faceted. It contributes to the creation of safe and affordable living spaces, which are essential for family stability and community well-being. By focusing on low-income demographics, the organization helps to alleviate housing insecurity, reduce homelessness, and promote economic mobility among vulnerable populations.
Furthermore, the collaborative nature of its support enables a synergistic approach to affordable housing development, leveraging resources, expertise, and innovative solutions. This not only enhances the quality of housing but also fosters community engagement and resilience, ultimately leading to a more equitable urban environment in New York.
This information is meant to be a general summary of Phipps Affordable Housing Support Corp. 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: -$749,916
- Gross Receipts: $13,834,360
Assets and Liabilities:
- Total Assets: $14,090,556
- Total Liabilities: $137,155
- Net Assets: $13,953,401
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Organization Details
Founding Year
2011
Phone
(212) 243-9090Principal Officer
Adam Weinstien
Main Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY, 100106033
Website
www.phippsny.orgNTEE Category
Code: L20 - Housing
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