Webster Terrace Housing Development Fund
Webster Terrace Housing Development Fund's mission is to provide & operate subsidized multi-family housing for low income seniors.
Key facts about Webster Terrace Housing Development Fund
- EIN
- 11-2650864
- Latest 990 filing
- Form 990, 2025
- Total assets
- $18,205,984
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$18.2M
+230.7% YoY
Revenue
$244K
+3.5% YoY
Net Investment Income
$244K
+3.5% YoY
Expenses
$41K
-85.7% YoY
How Webster Terrace Housing Development Fund gives
- Giving grew 400% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Webster Terrace Housing Development Fund
Based on IRS filings
Webster Terrace Housing Development Fund is a public charity focused on Housing & Shelter, based in Brooklyn, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $18.2M in total assets. Net investment income was $244K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $20K (2019) to $125K (2024). In 2024 it made 1 grant totaling $125K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,205,984 | $5,505,000 | $5,430,155 |
| Revenue | $244,130 | $235,834 | $226,363 |
| Expenses | $40,843 | $285,989 | $1,624,047 |
| Net Investment Income | $244,130 | $235,834 | $226,363 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 22, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Webster Terrace Housing Development Fund is led by David Singer, President on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
David Singer
President
On filings since 2019
0.5 hrs/week
No compensation reported
Menachem Shayovich
V.p. & Secretary
On filings since 2019
0.5 hrs/week
No compensation reported
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 Webster Terrace Housing Development Fund
How large is Webster Terrace Housing Development Fund?
Webster Terrace Housing Development Fund reported $18.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $244K.
What is Webster Terrace Housing Development Fund?
Webster Terrace Housing Development Fund is a public charity focused on Housing & Shelter, based in Brooklyn, NY. It holds $18.2M in total assets as of 2025.
Where does Webster Terrace Housing Development Fund operate?
Webster Terrace Housing Development Fund has awarded grants in New York.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Webster Terrace Housing Development Fund by hand.
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