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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Borough Park Housing Corporation ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOROUGH PARK HOUSING CORPORATION BROOKLYN, NY | TO PROVIDE GRANTS TO LOW INCOME SENIORS TO ENABLE THEM TO ACQUIRE HOUSING | $125,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID SINGER | PRESIDENT | 0.5 | — |
| MENACHEM SHAYOVICH | V.P./SECY | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Webster Terrace Housing Development Fund?
Webster Terrace Housing Development Fund is a nonprofit organization focused on Housing & Shelter, based in BROOKLYN, NY. It holds $5.5M in total assets as of 2024.
How large is Webster Terrace Housing Development Fund?
As of 2024, Webster Terrace Housing Development Fund holds $5.5M in total assets with $236K in annual revenue. It awarded 1 grants totaling $125K in 2024.
Where does Webster Terrace Housing Development Fund operate?
Webster Terrace Housing Development Fund has awarded grants in New York.
What size grants does Webster Terrace Housing Development Fund award?
In 2024, Webster Terrace Housing Development Fund awarded 1 grants totaling $125K — an average of about $125K per grant, based on its IRS Form 990 filings.
What is Webster Terrace Housing Development Fund's EIN?
Webster Terrace Housing Development Fund's EIN (Employer Identification Number) is 11-2650864. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Webster Terrace Housing Development Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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