Phipps Affordable Housing Development

NEW YORK, NY EIN: 27-0018002

TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE-INCOME PERSONS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

-3.4% YoY

Revenue

$340K

-12.6% YoY

Net Investment Income

$5K

+35.1% YoY

Expenses

$396K

-5.6% YoY

About Phipps Affordable Housing Development

Based on IRS filings

Phipps Affordable Housing Development is a nonprofit organization, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$115K$230K$346K$461K20202021202220232024
Metric202420232022
Total Assets$1,814,749$1,877,710$1,860,660
Revenue$339,580$388,342$319,352
Expenses$395,507$419,078$371,137
Qualifying Distributions
Net Investment Income$4,515$3,343$730
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grants20201 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

2 grants across all recorded years

<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ADAM WEINSTEINPRESIDENT/CEO1
GREGORY BRESKINDIRECTOR1
JAMES ROBERT PIGOTT JRVICE PRESIDENT AND SECRETA1
LUKEMAN OGUNYINKATREASURER1
MATTHEW KELLYVICE PRESIDENT1
MICHAEL WADMANVICE PRESIDENT1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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