Phipps Affordable Housing Development Fund Corporation
To provide affordable housing to low and moderate-income persons.
Phipps Affordable Housing Development Fund Corporation at a glance
- Total assets
- $1,782,493
- -1.8% vs 2024
- Revenue (2025)
- $349,626
- +3.0% vs 2024
- Net investment income (2025)
- $4,212
- -6.7% vs 2024
- Expenses (2025)
- $407,485
- +3.0% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Phipps Affordable Housing Development Fund Corporation funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $84K (2021) to $100K (2020). In 2021 it made 1 grant totaling $84K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Phipps Houses New York, NY | Promoting Affordable | $84,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,782,493 | $349,626 | $407,485 | — | — | $4,212 |
| 2024 | $1,814,749 | $339,580 | $395,507 | — | — | $4,515 |
| 2023 | $1,877,710 | $388,342 | $419,078 | — | — | $3,343 |
| 2022 | $1,860,660 | $319,352 | $371,137 | — | — | $730 |
| 2021 | $1,907,111 | $288,952 | $416,631 | $84,000 | 1 | $346 |
| 2020 | $2,031,448 | $294,117 | $388,700 | $100,000 | 1 | $902 |
| 2019 | $2,117,524 | $308,792 | $313,995 | — | — | $3,739 |
About Phipps Affordable Housing Development Fund Corporation
Based on IRS filings
Phipps Affordable Housing Development Fund Corporation is a public charity, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.8M in total assets. Net investment income was $4K.
Leadership & Key People
Officers and directors from IRS filings
Phipps Affordable Housing Development Fund Corporation is led by Adam Weinstein, President & CEO since 2023 (on filings since 2019); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Adam Weinstein
President & CEO
President → President & CEO, 2023
On filings since 2019
1 hr/week
No compensation reported
Gregory Breskin
Director
On filings since 2019
1 hr/week
No compensation reported
James Robert Pigott Jr.
Vice President & Secretary
On filings since 2019
1 hr/week
No compensation reported
Matthew Kelly
Vice President
On filings since 2019
1 hr/week
No compensation reported
Michael Wadman
Vice President
On filings since 2019
1 hr/week
No compensation reported
Lukeman Ogunyinka
Treasurer
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: Brian Bricker (2019–2023) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Phipps Affordable Housing Development Fund Corporation
How large is Phipps Affordable Housing Development Fund Corporation?
Phipps Affordable Housing Development Fund Corporation reported $1.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $350K.
Where does Phipps Affordable Housing Development Fund Corporation operate?
Phipps Affordable Housing Development Fund Corporation has awarded grants in New York.
What is Phipps Affordable Housing Development Fund Corporation's EIN?
Phipps Affordable Housing Development Fund Corporation's EIN (Employer Identification Number) is 27-0018002. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS March 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 14, 2022)
- Added Form 990 for fiscal year 2019 (received by the IRS August 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)
- IRS filings on file for fiscal years 2020–2024
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