EIN 11-1187480

Phipps Houses

IRS 501(c) type
501(c)(4)
Num. employees
24
Year formed
1905
Most recent tax filings
2022-12-01
Description
Phipps Houses was founded by henry Phipps in 1905 to provide affordable and well-designed housing for working class new yorkers. Phipps Houses, a not-for-profit corporation, is new york city's oldest and largest not-for-profit developer, sponsor and owner of housing for low and moderate-income families. The mission of Phipps Houses is the creation of enduring communities for such families, through housing development, related property management and social services. To provide, promote and develop affordable housing for low and moderate income residents of the new york metropolitan area.
Total revenues
$101,156,342
2022
Total expenses
$21,095,910
2022
Total assets
$827,242,266
2022
Num. employees
24
2022

Program areas at Phipps Houses

To provide, promote and develop affordable housing for low and moderate income residents.

Grants made by Phipps Houses

GranteeGrant descriptionAmount
The Bronx DefendersTo Support the Organizations Mission.$25,000
New York Housing ConferenceTo Support the Organizations Mission.$15,000
LoisaidaTo Support the Organizations Mission.$15,000
...and 4 more grants made

Who funds Phipps Houses

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Phipps Affordable Housing Support CorporationGeneral Support$12,944,116
KB25 Housing Development Fund CorporationThe Development Or Maintenance of Low-Income Or Affordable Housing on A Tax Exempt Basis.$650,000
KB25 Housing Development Fund CorporationThe Development Or Maintenance of Low-Income Or Affordable Housing on A Tax Exempt Basis.$650,000
...and 4 more grants received

Personnel at Phipps Houses

NameTitleCompensation
Adam WeinsteinPresident and Chief Executive Officer$806,771
Matthew WashingtonChief of Staff$265,008
Ronald Richard HillVice President - Technical Services$149,644
Matthew KellyVice President Property Development$337,028
Colleen McAuliffeHuman Resources Director$0
...and 11 more key personnel

Financials for Phipps Houses

RevenuesFYE 12/2022
Total grants, contributions, etc.$14,980,438
Program services$52,616,510
Investment income and dividends$22,633,357
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$10,620,989
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$305,048
Total revenues$101,156,342

Form 990s for Phipps Houses

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122022-02-15990View PDF
2019-122022-02-11990View PDF
2019-122021-01-20990View PDF
...and 9 more Form 990s
Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 3 new personnel
January 1, 2024
Received grants
Identified 6 new grant, including a grant for $1,095,000 from Henry Phipps Plaza North Housing Development Fund Corporation
December 26, 2023
Used new vendors
Identified 2 new vendors, including , and
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsHeadquarter / parent organizations
Issues
Human servicesHousing
Characteristics
State / local levelEndowed support
General information
Address
902 Broadway 13th Floor
New York, NY 10010
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
phippsny.org/ 
Phone
(212) 243-9090
Facebook page
Phipps-Neighborhoods 
Twitter profile
@phippsny 
IRS details
EIN
11-1187480
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1905
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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