Vesta Community Housing Development Board Inc
To help individuals recover from the disease of alcohol and drug addiction. To help ease the transition from correctional facilities to community living, and assist the individual to confront and overcome the underlying problems that trigger and sustain substance abuse and other self-destructive behaviors. To end the cycle of incarceration and relapse, and assist the individual in successful and constructive reentry into society. In short, to create taxpayers. We create taxpayers by serving people who are afflicted with chemical dependencies; those who are homeless; and those unprepared to make a successful transition to the world of work and good citizenship, responsibility, and community reintegration.
Vesta Community Housing Development Board Inc at a glance
In short: Vesta Community Housing Development Board Inc gave $500K across 1 grant in 2024 (avg $500K), mostly in New York. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $500,000
- Grants made (2024)
- 1
- Average grant
- $500,000
- Median grant
- $500,000
- Total assets
- $3,220,550
- -11.9% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated November 2026.
Who Vesta Community Housing Development Board Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Altamont Program Inc ($500K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $500K–1M range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Vesta Community Housing Development Board Inc gives
- Giving grew 67% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $200K (2020) to $950K (2022). In 2024 it made 1 grant totaling $500K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Altamont Program Inc Latham, NY | Program and Operating Costs | $500,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,220,550 | $1,223,714 | $1,126,410 | $500,000 | 1 | $89,267 |
| 2023 | $3,656,297 | $668,265 | $562,164 | — | — | — |
| 2022 | $3,464,159 | $1,999,686 | $1,607,817 | $950,000 | 1 | $1,276,859 |
| 2021 | $3,779,824 | $908,129 | $817,817 | $300,000 | 1 | $166,059 |
| 2020 | $4,135,808 | $688,698 | $757,468 | $200,000 | 1 | $96,105 |
About Vesta Community Housing Development Board Inc
Based on IRS filings
Vesta Community Housing Development Board Inc is a public charity, based in Latham, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.2M in total assets. In 2024, it awarded 1 grant totaling $500K. Net investment income was $89K.
Leadership & Key People
Officers and directors from IRS filings
Vesta Community Housing Development Board Inc is led by Peter Newkirk, CEO & Secretary since 2022 (on filings since 2020); none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter Newkirk
CEO & Secretary
CEO → CEO & Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Kevin Luibrand Esq.
President
On filings since 2020
1 hr/week
No compensation reported
James Morrell
Director
Directors → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Kerri Bishop
Director of Finance
On filings since 2022
2 hrs/week
No compensation reported
John Graham
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Bill Hennessy
Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: William Balfe (2023) — Vice President
- Former: Rebecca Rosen (2020–2022) — Director of Finance
- Former: William Hennessy (2020–2022) — Vice President
Data from IRS Form 990 filings, 2020–2024. "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 Vesta Community Housing Development Board Inc
How much does Vesta Community Housing Development Board Inc give each year?
Vesta Community Housing Development Board Inc gave $500K across 1 grant in 2024, according to its 2024 IRS Form 990.
How large is Vesta Community Housing Development Board Inc?
Vesta Community Housing Development Board Inc reported $3.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.2M.
Where does Vesta Community Housing Development Board Inc operate?
Vesta Community Housing Development Board Inc has awarded grants in New York.
What is Vesta Community Housing Development Board Inc's EIN?
Vesta Community Housing Development Board Inc's EIN (Employer Identification Number) is 14-1635262. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 21, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 28, 2026)
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