Overview
What is 1675 Westchester Avenue Housing Development Fund Corporation?
1675 Westchester Avenue Housing Development Fund Corporation is a nonprofit organization situated in New York City, specifically at 902 Broadway, 13th Floor, New York, NY 10010. Their primary mission is to provide affordable housing, offering 249 residential apartment units to individuals of low income, located at 1675-1679 Westchester Avenue, The Bronx, New York. The organization is staffed by a team of 10 dedicated individuals.
Official website here: www.phippsny.org
Is 1675 Westchester Avenue Housing Development Fund Corporation legitimate?
1675 Westchester Avenue Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. 1675 Westchester Avenue Housing Development Fund Corporation 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: $202,448
For more financial information, click here
Official website here: www.phippsny.org
What is the mission statement of 1675 Westchester Avenue Housing Development Fund Corporation?
The 1675 Westchester Avenue Housing Development Fund Corporation is dedicated to providing affordable housing. Specifically, they offer 249 residential apartment units for individuals of low income. This organization's mission is centered around making housing accessible to those who may not be able to afford it otherwise. By doing so, they contribute to the well-being and stability of their community.
Official website here: www.phippsny.org
Who is the CEO of 1675 Westchester Avenue Housing Development Fund Corporation?
Adam Weinstien is the Principal Officer of 1675 Westchester Avenue Housing Development Fund Corporation. The CEO's salary of 1675 Westchester Avenue Housing Development Fund Corporation is $0 and their total compensation is $968,887.
Official website here: www.phippsny.org
What is the revenue of 1675 Westchester Avenue Housing Development Fund Corporation?
1675 Westchester Avenue Housing Development Fund Corporation's revenue in 2022 was $325,768.
Official website here: www.phippsny.org
Who are the executives of 1675 Westchester Avenue Housing Development Fund Corporation and what are their salaries?
The average compensation at 1675 Westchester Avenue Housing Development Fund Corporation during 2022 was $20,245. There are 10 employees at 1675 Westchester Avenue Housing Development Fund Corporation.
Here are 3 key members and their salaries (1675 Westchester Avenue Housing Development Fund Corporation'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 1675 Westchester Avenue Housing Development Fund Corporation?
1675 Westchester Avenue Housing Development Fund Corporation'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 1675 Westchester Avenue Housing Development Fund Corporation
The 1675 Westchester Avenue Housing Development Fund Corporation is committed to providing affordable housing solutions. Specifically, this organization has established 249 residential apartment units designed for individuals of low income. This mission is carried out at 1675-1679 Westchester Avenue, a location in New York, although the information provided does not specify the city or borough within New York. The corporation's primary objective is to make housing accessible and affordable for individuals who may otherwise struggle with these expenses. By offering these apartment units, the 1675 Westchester Avenue Housing Development Fund Corporation is contributing to the broader goal of creating a more equitable living environment.
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Impact
October, 2024
1675 Westchester Avenue Housing Development Fund Corporation plays a crucial role in addressing the housing needs of low-income residents in The Bronx, New York. By offering 249 residential apartment units, it provides vital affordable housing options in a city where such resources are increasingly scarce. This initiative helps alleviate the financial burden on low-income families, allowing them to secure stable and safe living conditions. The presence of these units contributes to the overall well-being of the community, fostering a sense of stability and encouraging local economic growth. By focusing on affordable housing, the organization significantly impacts the quality of life for its residents, promoting social equity and community development in an area that faces many challenges related to housing availability and affordability.
This information is meant to be a general summary of 1675 Westchester Avenue Housing Development Fund Corporation. 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.
- Program Service Revenue: $325,768
- Gross Receipts: $325,768
Assets and Liabilities:
- Total Assets: $55,056
- Total Liabilities: $89,077
- Net Assets: -$34,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT
Revenue
$325,768
Organization Details
Founding Year
2017
Phone
(212) 243-9090Principal Officer
Adam Weinstien
Main Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY, 10010
Website
www.phippsny.orgNTEE Category
Code: L20 - Housing
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