Webster Terrace Housing Development Fund

BROOKLYN, NY EIN: 11-2650864

WEBSTER TERRACE HOUSING DEVELOPMENT FUND'S MISSION IS TO PROVIDE & OPERATE SUBSIDIZED MULTI-FAMILY HOUSING FOR LOW INCOME SENIORS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

+1.4% YoY

Annual Giving

$125K

Grant Count

1

Avg Grant Size

$125K

About Webster Terrace Housing Development Fund

Based on IRS filings

Webster Terrace Housing Development Fund is a nonprofit organization focused on Housing & Shelter, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 1 grants totaling $125K. Net investment income was $236K.

Focus Areas

Ready to take the next step with Webster Terrace Housing Development Fund?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Brooklyn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$447K$893K$1M$2M20202021202220232024
Metric202420232022
Total Assets$5,505,000$5,430,155$6,882,838
Revenue$235,834$226,363$216,980
Expenses$285,989$1,624,047$162,753
Qualifying Distributions
Net Investment Income$235,834$226,363$216,980
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$63K$94K$125K1 grants20201 grants20211 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

BOROUGH PARK HOUSING COR…$125K

Grant Size Distribution

4 grants across all recorded years

3<$50K$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
DAVID SINGERPRESIDENT0.5
MENACHEM SHAYOVICHV.P./SECY0.5

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

What could you do with Webster Terrace Housing Development Fund on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities