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Women's Housing and Economic Development Corp.

Women's Housing and Economic Development Corp.

Bronx, NY 10452
Tax ID11-3099604

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About this organization

Revenue

$22,751,459

Expenses

$20,760,301

Website

whedco.org

Mission

For more than 25 years, WHEDco has been a leader in creating thriving neighborhoods in the South Bronx. In addition to building beautifully-designed green, affordable homes that serve as a foundation for family stability, WHEDco creates life-changing opportunities for local residents of every age through our research-driven Early Childhood and Youth Education initiatives, which set kids on a path to college; Small Business Development programs, which nurture entrepreneurship and address community needs; Family Support and Counseling services, which connect families to the critical resources they need to succeed; and Arts and Culture programming, which showcases the borough's musical legacy and supports a new generation of artists. Learn more at whedco.org.

About

Programs relating to the provision of home-based child care for low-income residents of New York City.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “The women's housing and economic development corp. (whedco) is a community development organization founded on the radically simple idea that all people deserve healthy, vibrant communities. working in the south bronx, whedco builds award-winning, sustainable, affordable homes that serve as anchors for strong communities of which residents can be proud. whedco's mission is to provide the bronx with access to all the resources that create thriving neighborhoods - from high-quality early education and after-school programs, to healthy food, cultural programming, and economic opportunity.”.

When outlining its functions, they were explained as: “The women's housing and economic development corp. (whedco) is a community development organization founded on the radically simple idea that all people deserve healthy, vibrant communities. working in the south bronx, whedco builds award-winning, sustainable, affordable homes that serve as anchors for strong communities of which residents can be proud. whedco's mission is to provide the bronx with access to all the resources that create thriving neighborhoods - from high-quality early education and after-school programs, to healthy food, cultural programming, and economic opportunity.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as NY.
  • As of 2020, the non-profit's form reports a total of 538 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,991,158.
  • The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 11 independent voting members.
  • The organization was formed in 1991.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $12,342,599 in salary, compensation, and benefits to its employees.
  • The organization pays $421,135 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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