Westbeth Corp Housing Development Fund

Housing & shelter organization based in New York, NY. 26 employees. Exempt under §501(c)(3).

MissionWESTBETH 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,

EIN
13-2614139
State
NY
Sector
Housing & shelter
Budget band
$10M–$25M
Latest filing
TY 2024
Records
3 officers · 6 years

Financial snapshot · TY 2024

$11.2M
Total revenue
$12.9M
Total expenses
$58.3M
Net assets

Financial health · TY 2024

49
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
21
3.7 months of expenses
Program efficiency
94
87.5% spent on programs
Revenue diversity
15
Mix of program fees, grants & contributions

Leadership compensation

Peter Madden
EXECUTIVE DIRECTOR
$262,611
61th percentile vs. peers
Miriam Tash
COMMUNITY MANAGER
$148,641
50th percentile vs. peers
$117,294
50th percentile vs. peers

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Westbeth Corp Housing Development Fund Executive Compensation | 990 Data | DoubleNine