Mission
WEBSTER TERRACE HOUSING DEVELOPMENT FUND'S MISSION IS TO PROVIDE & OPERATE SUBSIDIZED MULTI-FAMILY HOUSING FOR LOW INCOME SENIORS.
Public Charity
WEBSTER TERRACE HOUSING DEVELOPMENT FUND COINC
WEBSTER TERRACE HOUSING DEVELOPMENT FUND COINC is a private foundation categorized as Public Charity based in BROOKLYN, NY. Its most recent IRS filing (2025) reports revenue of $244K, expenses of $41K, total assets of $18.2M. Imperigo tracks 7 reported grants from this foundation totaling approximately $335K.
EIN: 112650864
BROOKLYN, NY
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$244K
Total Expenses$41K
Total Assets$18.2M
Grants Given7
Grant Total$335K
Filing Years2021–2025
Where $100 goes at Webster Terrace Housing Development Fund Coinc
How Webster Terrace Housing Development Fund Coinc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$97
Programs
the work itself
$3
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $97 for programs
$97
Organization sponsored and supported low income housing development and organization sponsors and operates federally subsidized multi-family housing development for low income senior citizens
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
TO PROVIDE GRANTS TO LOW INCOME SENIORS TO ENABLE THEM TO ACQUIRE HOUSING
$125,000
TO PROVIDE GRANTS TO LOW INCOME SENIORS TO ENABLE THEM TO ACQUIRE HOUSING
$30,000
TO PROVIDE GRANTS TO LOW INCOME SENIORS TO ENABLE THEM TO ACQUIRE HOUSING
$25,000
CULVER HOUSING DEVELOPMENTS LLC
TO PROVIDE ASSISTANCE TO ENTITY DEDICATED TO PROVIDE HOUSING TO LOW INCOME FAMILIES
$25,000
TO PROVIDE GRANTS TO LOW INCOME SENIORS TO ENABLE THEM TO ACQUIRE HOUSING
$20,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
PRESIDENT
David Singer
V.P./SECY
Menachem Shayovich
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $244K | $41K | $18.2M |
| 2024 | $236K | $286K | $5.5M |
| 2023 | $226K | $1.6M | $5.4M |
| 2022 | $217K | $163K | $6.9M |
| 2021 | $210K | $152K | $6.8M |
Between 2021 and 2025, reported annual revenue grew from $210K to $244K (+16%), with total assets most recently reported at $18.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NY.
NY
Full geographic grant map with state-by-state breakdown available with membership.