Phipps Houses

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111187480 ✦ New york, NY ✦ Designated as a 501(c)(4)

Overview

What is Phipps Houses?

Phipps Houses, founded by Henry Phipps in 1905, is New York City's oldest and largest not-for-profit organization, dedicated to providing affordable housing for low and moderate-income families. With a mission to create lasting communities, Phipps Houses specializes in housing development, property management, and social services. As a not-for-profit corporation, they are the sponsor, developer, and owner of numerous affordable housing units in New York City. With a team of 24 employees, they continue to strive towards improving the living conditions for thousands of families.


Official website here: www.phippsny.org

Is Phipps Houses legitimate?

Phipps Houses is a legitimate nonprofit organization registered as a 501(c)(4) entity. Phipps Houses 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,322,394
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,615,967

For more financial information, click here


Official website here: www.phippsny.org

What is the mission statement of Phipps Houses?

Phipps Houses is a not-for-profit organization dedicated to providing affordable housing solutions for low and moderate-income families. Founded in 1905 by Henry Phipps, the corporation has been a leading developer, sponsor, and owner of housing units in New York City. Its mission is to develop enduring communities by offering well-designed and affordable housing, coupled with related property management and social services. Phipps Houses aims to provide a stable living environment for its residents and contribute to their overall well-being.


Official website here: www.phippsny.org

Who is the CEO of Phipps Houses?

Adam Weinstein is the President/Ceo of Phipps Houses. The CEO's salary of Phipps Houses is $806,771 and their total compensation is $968,887.


Official website here: www.phippsny.org

What is the revenue of Phipps Houses?

Phipps Houses's revenue in 2022 was $101,156,342.


Official website here: www.phippsny.org

Who are the executives of Phipps Houses and what are their salaries?

The average compensation at Phipps Houses during 2022 was $289,098. There are 24 employees and 17 volunteers at Phipps Houses.

Here are 29 key members and their salaries (Phipps Houses's CEO's salary is $806,771 and their total compensation is $968,887):

    Adam Weinstein (President/Ceo)
  • Compensation: $806,771
  • Related: $0
  • Other: $162,116

    • James Robert Pigott Jr (Vice President And Secretary)
  • Compensation: $340,062
  • Related: $0
  • Other: $74,966

    • Matthew Kelly (Vp Property Development)
  • Compensation: $337,028
  • Related: $0
  • Other: $70,890

    • Brian Bricker (Treasurer)
  • Compensation: $316,782
  • Related: $0
  • Other: $69,454

    • Colleen Mcauliffe (Human Resources Director)
  • Compensation: $0
  • Related: $306,387
  • Other: $63,417

    • Michael Wadman (Vp Property Development)
  • Compensation: $310,698
  • Related: $0
  • Other: $57,805

    • Cathy Pennington (Vice President)
  • Compensation: $0
  • Related: $319,729
  • Other: $5,233

    • Andre White (Vice President)
  • Compensation: $306,990
  • Related: $0
  • Other: $6,990

    • Matthew Washington (Chief Of Staff)
  • Compensation: $265,008
  • Related: $0
  • Other: $11,021

    • Gennadiy Trakhtman (Director Of Mis)
  • Compensation: $0
  • Related: $179,398
  • Other: $39,290

    • Ronald Richard Hill (Vp - Technical Services)
  • Compensation: $149,644
  • Related: $0
  • Other: $36,169

    • Carmelo Torres (Assistant Director)
  • Compensation: $146,449
  • Related: $0
  • Other: $34,142

    • Andrew Sidamon-Eristoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Boris Gutin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darcy Stacom (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dita Amory (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Notice (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Felix Matos-Rodriguez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Oxiris Barbot (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Neveloff (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Duncan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Kessler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert E Selsam (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronay Menschel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Powell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seray Incoglu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Craig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Osterman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Guest (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.phippsny.org

    Where can I find the form 990 for Phipps Houses?

    The Phipps Houses’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 Houses

    Phipps Houses, a not-for-profit corporation founded by Henry Phipps in 1905, is New York City's oldest and largest provider of affordable housing for low and moderate-income families. With a mission to create enduring communities, Phipps Houses focuses on housing development, property management, and social services.

    In its over a century-long history, Phipps Houses has remained dedicated to providing affordable and well-designed housing for working-class New Yorkers. The organization's foundational belief is that a stable housing situation is essential for individuals and families to thrive. Phipps Houses' expansive portfolio includes the development, sponsorship, and ownership of housing units for those in need. By prioritizing the creation of lasting communities, Phipps Houses strives to ensure that families can call a safe and affordable home their own.

    The mission of Phipps Houses extends beyond the mere provision of housing. The organization recognizes the importance of related property management and social services in fostering successful communities. By offering supportive services, Phipps Houses works to ensure that families have access to the resources they need to succeed. This holistic approach to community development is a testament to Phipps Houses' commitment to enhancing the lives of its residents and promoting their overall well-being.

    Impact

    This information is meant to be a general summary of Phipps Houses. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Phipps Houses has a significant impact on low and moderate-income residents in New York City by providing, promoting, and developing affordable housing. Since its founding in 1905 by Henry Phipps, this organization has been dedicated to offering well-designed housing options for working-class New Yorkers. As the city's oldest and largest nonprofit developer, sponsor, and owner of housing for low and moderate-income families, Phipps Houses plays a vital role in creating enduring communities through housing development, property management, and essential social services. Their mission is central to addressing the critical need for affordable housing and ensuring that vulnerable populations have a place to call home.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33,254,346
  • Program Service Revenue: $52,616,510
  • Gross Receipts: $235,158,870

    • Assets and Liabilities:
  • Total Assets: $827,242,266
  • Total Liabilities: $38,298,683
  • Net Assets: $788,943,583
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SERVICE FEES

    Revenue

    $41,365,060

    RENTAL INCOME

    Revenue

    $11,251,450

    Organization Details

    Founding Year

    1905

    Principal Officer

    Adam Weinstein

    Main Address

    902 BROADWAY 13TH FLOOR, NEW YORK, NY, 100106033

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Phipps Houses 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.