Nonprofit · EIN 13-3394231
WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · NEW YORK, NY 10024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,470,137 | $1,788,266 | -$318,129 | $8,294,175 | $6,780,099 | $1,514,076 |
| June 30, 2024 | 990 | $1,327,815 | $1,944,529 | -$616,714 | $8,374,749 | $6,542,544 | $1,832,205 |
| June 30, 2023 | 990 | $1,440,065 | $1,733,176 | -$293,111 | $8,181,292 | $5,732,373 | $2,448,919 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,387,239
- Investment income
- $34,656
- Other revenue
- $48,242
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $518,719
- Salaries, compensation and benefits (total)
- $650,745
- Professional fundraising fees
- $0
- Legal fees
- $37,594
- Occupancy
- $187,651
- Travel
- $1,637
- Depreciation
- $164,403
- Program services (functional)
- $1,653,401
- Management and general (functional)
- $134,865
Balance sheet and other
- Total assets, start of year
- $8,374,749
- Total assets, end of year
- $8,294,175
- Total liabilities, end of year
- $6,780,099
- Net assets, end of year
- $1,514,076
- Land, buildings and equipment
- $6,422,193
- Net assets without donor restrictions
- $1,514,076
- Gross receipts
- $1,470,137
- Employees
- 0
- Volunteers
- 1
- Year formed
- 1987
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL R FREITAG | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $249,486 | $51,320 |
| CLAIRE HILGER | COO/ASSIST SECRETARY Trustee or director, Officer | 1 | $0 | $209,367 | $7,709 |
| DANIEL J DROSIN | ASST. VP/FACILITIES MANGR (OUTGOING) Officer | 1 | $0 | $140,557 | $37,139 |
| DEEPAK BUTANI | CFO/TREASURER Officer | 1 | $0 | $95,291 | $17,868 |
| SHELDON J FINE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL R FREITAG | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $239,636 | $53,667 |
| CLAIRE HILGER | COO/ASSIST SECRETARY Trustee or director, Officer | 1 | $0 | $192,659 | $7,302 |
| NANDA WIN | CFO/TREASURER (OUTGOING) Officer | 1 | $0 | $126,124 | $48,477 |
| DANIEL J DROSIN | DIR OF PROPERTY MNGMENT Officer | 1 | $0 | $136,518 | $34,296 |
| SHELDON J FINE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEEPAK BUTANI | CFO (INCOMING) Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAUL R FREITAG | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $238,555 | $53,058 |
| NANDA WIN | CFO/TREASURER (OUTGOING) Officer | 1 | $0 | $190,131 | $50,100 |
| CLAIRE HILGER | COO/ASSIST SECRETARY Trustee or director, Officer | 1 | $0 | $191,416 | $6,004 |
| DANIEL J DROSIN | DIR OF PROPERTY MNGMENT Officer | 1 | $0 | $121,312 | $33,774 |
| SHELDON J FINE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2345 BROADWAY, NEW YORK, NY 10024-3213
- In care of
- % WSFSSH C/O NANDA WIN
- Mailing address (990-N for 2008)
- 2345 Broadway, New York NY 10024
- Principal officer (990 for 2024)
- DEEPAK BUTANI, 2345 BROADWAY, NEW YORK, NY 10024
- Principal officer (990-N for 2008)
- Westbourne Housing Development Fund Company Inc, 2345 Broadway, New York NY 10024
- Signed the 990
- DEEPAK BUTANI, CFO/TREASURER
- Phone
- (212) 721-6032
- Website
- WWW.WSFSSH.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION COMMITTED TO DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME.
Program accomplishments
- DEVELOPING, OPERATING AND MANAGING HOUSING FOR PERSONS OF LOW INCOME.Expenses $1,653,401 · revenue $1,435,481
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3394231
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $8,294,175
- Income (IRS master file)
- $1,470,137
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,470,137 | $1,788,266 | $8,294,175 | IRS |
| 990 | June 2024 | $1,327,815 | $1,944,529 | $8,374,749 | IRS |
| 990 | June 2023 | $1,440,065 | $1,733,176 | $8,181,292 | XML |
| 990 | June 2022 | $1,409,398 | $1,413,912 | $7,744,773 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2008 Officer: Westbourne Housing Development Fund Company Inc | December 31, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
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 13-3394231).
Questions about WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC is 13-3394231.
- Is WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended June 30, 2025 names DEEPAK BUTANI.
- Who are the officers and directors of WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does WESTBOURNE HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,470,137, expenses of $1,788,266 and total assets of $8,294,175 at year end.
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