Phipps Affordable Housing Support Corp

Organization Overview

Phipps Affordable Housing Support Corp is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phipps Affordable Housing Support Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT NOT-FOR-PROFIT AFFILIATES OF PHIPPS HOUSES, A RELATED 501(C)(4) ORGANIZATION, IN THE DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW- INCOME INDIVIDUALS AND FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT NOT-FOR-PROFIT CORPORATIONS THAT ARE AFFILIATES OF PHIPPS HOUSES, A RELATED 501(C)(4) ORGANIZATION, IN THE DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS ANDFAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Adam Weinstein
President/ceo
$0
James Robert Pigott Jr
Vice President/secretary
$0
Brian Bricker
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $405,334
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,155,250
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue -$749,916

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