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Westbeth Corp Housing Development Fund Company Inc.

Westbeth Corp Housing Development Fund Company Inc.

New York, NY 10014
Tax ID13-2614139

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About this organization

Revenue

$9,605,483

Expenses

$8,670,521

Mission

Westbeth is a home for the arts and provides affordable live/work spaces to low-income artists in all disciplines.

About

Housing and related support services for artists. Westbeth comprises 384 units of affordable housing for low-income artists and their families. In addition, it contains artists' work spaces -- painting studios, rehearsal studios, exhibition and theatre spaces -- and provides social service support for an increasingly elderly population, many of whom have lived in the building since the 1970's.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “Westbeth a home for the arts and provides housing and related support services for artists. westbeth comprises 384 units of affordable housing for low-income artists and their families. in addition, it contains artists' production and presentation spaces -- painting studios, rehearsal studios, exhibition, theater and performance spaces -- for both residents and non-residents. it also offers social service support for an increasingly elderly population, many of whom have lived in the building since it opened in 1970.”.

When explaining its purpose, the activities were outlined as: “Westbeth is a home for the arts and provides affordable live/work spaces to low-income artists in all disciplines.”.

  • As per legal reporting requirements, the state of operation for the non-profit is NY.
  • The non-profit's address for 2020 is listed as 55 Bethune Street, New York, NY, 10014 in the filing.
  • As per the non-profit's form, they have 30 employees as of 2020.
  • 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 $934,962.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 16 independent voting members.
  • The organization was formed in 1967.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $2,628,797 in salary, compensation, and benefits to its employees.
  • The organization pays $0 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's financial statements were reviewed by an accountant.

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