Public Charity

PHIPPS HOUSES

Based in NEW YORK, NY, PHIPPS HOUSES operates as a Public Charity. The organization reported $110.9M in revenue, $19.0M in expenses, $994.1M in total assets for fiscal year 2024. Imperigo tracks 44 reported grant relationships connected to this organization totaling approximately $110.2M.

EIN: 111187480 NEW YORK, NY Latest filing: 2024
Total Revenue$110.9M
Total Expenses$19.0M
Total Assets$994.1M
Grant Records44
Funding Total$110.2M
Filing Years2019–2024

Mission

PHIPPS HOUSES WAS FOUNDED BY HENRY PHIPPS IN 1905 TO PROVIDE AFFORDABLE AND WELL-DESIGNED HOUSING FOR WORKING CLASS NEW YORKERS. PHIPPS HOUSES, A NOT-FOR-PROFIT CORPORATION, IS NEW YORK CITY'S OLDEST AND LARGEST NOT-FOR-PROFIT DEVELOPER, SPONSOR (CONT. ON SCHEDULE O) AND OWNER OF HOUSING FOR LOW AND MODERATE-INCOME FAMILIES. THE MISSION OF PHIPPS HOUSES IS THE CREATION OF ENDURING COMMUNITIES FOR SUCH FAMILIES, THROUGH HOUSING DEVELOPMENT, RELATED PROPERTY MANAGEMENT AND SOCIAL SERVICES.

Sample Grants Received

2024
THE DEVELOPMENT OR MAINTENANCE OF LOW-INCOME OR AFFORDABLE HOUSING ON A TAX EXEMPT BASIS.
$17,759,469
2024
THE DEVELOPMENT OR MAINTENANCE OF LOW-INCOME OR AFFORDABLE HOUSING ON A TAX EXEMPT BASIS.
$765,000
2024
THE DEVELOPMENT OR MAINTENANCE OF LOW-INCOME OR AFFORDABLE HOUSING ON A TAX EXEMPT BASIS.
$569,810
2024
VOLUNTARY REPAYMENT OUT OF SURPLUS FUNDS OF PREVIOUSLY FORGIVEN DEBT TO NONPROFIT AFFILIATED SHARING THE ORGANIZATIONS MISSION.
$392,108
2024
TO SUPPORT THE ORGANIZATIONS MISSION.
$74,137

Showing up to 5 of 44 total records — full history available with membership.

Officers & Directors

TRUSTEE Abbe Borok
PRESIDENT/CEO Adam Weinstein
VICE PRESIDENT Andre White
TRUSTEE Andrew Sidamon-Eristoff
TRUSTEE Boris Gutin
ASSISTANT DIRECTOR Carmelo Torres

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$38,887,178 7 grants
THE DEVELOPMENT OR MAINTENANCE OF LOW-INCOME OR AFFORDABLE HOUSING ON A TAX EXEMPT BASIS.
$28,815,027 9 grants
GENERAL
$19,851,409 4 grants
PROMOTING AFFORDABLE
$19,393,785 14 grants
PROMOTING AFFORDABLE HOUSING
$2,280,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $110.9M $19.0M $994.1M
2023 $87.4M $18.3M $862.2M
2022 $101.2M $21.1M $827.2M
2020 $79.7M $19.6M $688.8M
2019 $29.1M $13.9M $537.4M

Between 2019 and 2024, reported annual revenue grew from $29.1M to $110.9M (+282%), with total assets most recently reported at $994.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for PHIPPS HOUSES

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