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Nonprofit · EIN 13-2950346

WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION

Tax-exempt · NEW YORK, NY 10033

Financials

$333K$429K2023$0$02024
Revenue Expenses · by fiscal year end
Financials of WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$0$0$0$221,875$1,186,960-$965,085
December 31, 2023990$332,663$428,744-$96,081$221,875$1,186,960-$965,085
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$221,875
Total assets, end of year
$221,875
Total liabilities, end of year
$1,186,960
Net assets, end of year
-$965,085
Land, buildings and equipment
$8,826
Net assets without donor restrictions
-$965,085
Gross receipts
$0
Employees
0
Volunteers
7
Year formed
1978
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH LAUFERCHAIRPERSON
Trustee or director, Officer
2$0
MAGDA SOUFFRONTSECRETARY
Trustee or director, Officer
2$0
MARIA LUNABOARD MEMBER
Trustee or director
2$0
TONYA REEVESBOARD MEMBER
Trustee or director
2$0
JOSEFA RUIZBOARD MEMBER
Trustee or director
2$0
VIVIAN DUCATBOARD MEMBER
Trustee or director
2$0
ISAAC ROLDANBOARD MEMBER
Trustee or director
2$0
JAHAIRA GUERREROEXECUTIVE DIRECTOR
Officer
35$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
JAHAIRA GUERREROEXECUTIVE DIRECTOR
Officer
35$115,000$195
JOSEPH LAUFERCHAIRPERSON
Trustee or director, Officer
2$0$0
MAGDA SOUFFRONTSECRETARY
Trustee or director, Officer
2$0$0
MARIA LUNABOARD MEMBER
Trustee or director
2$0$0
TONYA REEVESBOARD MEMBER
Trustee or director
2$0$0
JOSEFA RUIZBOARD MEMBER
Trustee or director
2$0$0
VIVIAN DUCATBOARD MEMBER
Trustee or director
2$0$0
ISAAC ROLDANBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
611 WEST 177TH STREET, NEW YORK, NY 10033-7100
Principal officer (990 for 2024)
JAHAIRA GUERRERO, 611 WEST 177TH STREET, NEW YORK, NY 100330000
Signed the 990
JAHAIRA GUERRERO, EXEC DIRECTOR
Phone
(332) 208-6465
Website
WHIDC.ORG
Return prepared by
SKODY SCOT & CO CPAS PC

Mission

TO SUPPORT AND FOSTER AN ENVIRONMENT FOR ECONOMIC DEVELOPMENT ANDPROVIDE ENTREPRENEURALCULTURAL, RECREATIONAL AND EMPLOYMENTOPPORTUNITIES FOR ALL THOSE WHOLIVE OR WORK IN THE WASHINGTON HEIGHTS,INWOOD SECTION OF NORTHERN MANHATTAN.

990 for the year ended December 31, 2024

Program accomplishments

  • BUSINESS ASSITANCE -THE B0$$ PROGRAM FOCUSES ON THE DELIVERY OF CAPITAL, TECHNICALASSISTANCE AND REFERRAL SERVICES TO BUSINESSES WITH 10 EMPLOYEES ORLESS AN ANNUAL GROSS INCOME OF LESS THAN $500,000 (MICRO ENTERPRISES).THE ORGANIZATION IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIALINSTITUTION ("CDFI") AND HAS MADE OVER 370 LOANS TOTALING OVER $5.6MILLION SINCE THE LOAN PROGRAMS INCEPTION IN 1995. LOANS RANGE FROM$100 TO $50,000. TWO THIRDS OF THE LOANS HAVE GONE TO SMALL STOREFRONTBUSINESSES WITH THE BALANCE GOING TO STREET VENDORS AND IN-HOMEBUSINESSES. A THIRD OF THE LOANS GO TO STARTUP BUSINESSES. OF THE LOANSTO INDIVIDUALS, 96% HAVE GONE TO MINORITY AND WOMEN OWNED BUSINESSES.THESE LOANS HAVE CREATED OVER 420 FULL-TIME JOBS AND 130 NEW BUSINESSESIN THE COMMUNITY.ENTREPRENEURIAL ASSISTANCE ASSISTS OVER 200 CLIENTS ANNUALLY WITH ONEON ONE BUSINESS COUNSELING AND TECHNICAL ASSISTANCE
  • OTHER PROGRAMS -LAPLAZA DE LAS AMERICAS WHIDC ADMINISTERS THE YEAR ROUND LA PLAZA DELAS AMERICAS STREET VENDORS MARKET ON WEST 175TH ST. BETWEEN WADSWORTHAND BROADWAY. LA PLAZA SERVES AS A MICRO BUSINESS "INCUBATOR" FOR UP TO50 VENDORS. THE ORGANIZATION WAS ALSO THE SPONSOR OF THE NEW PLAZA THATWAS CONSTRUCTED AS PART OF THE "PLAZA NYC" PROGRAM. THE NEW PEDESTRIANPLAZA IS CLOSED TO TRAFFIC AND GIVES VENDORS ACCESS TO ELECTRICITY ANDWATER. THE PLAZA ALSO FEATURES TREES, LIGHTING, BENCHES, TABLES,CHAIRS, AND A FOUNTAIN. TRI-STATE REGION SPURRING ECONOMIC ACTIVITY IN THE AREA. ADMISSION IS FREE AND OVER 60,000 PEOPLE ATTEND THE FESTIVAL ANNUALLY.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-2950346
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1979
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$221,875

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$0$0$221,875IRS
990December 2023$332,663$428,744$221,875XML
990December 2022$369,359$605,370$476,640IRS
990December 2021–––IRS
990December 2020$331,392$649,439$587,278IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2950346).

Questions about WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION

What is the EIN of WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION?
The employer identification number (EIN) of WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION is 13-2950346.
Is WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names JAHAIRA GUERRERO.
Who are the officers and directors of WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does WASHINGTON HEIGHTS AND INWOOD DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $0 and total assets of $221,875 at year end.

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