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Nonprofit · EIN 51-0173450

WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS

Tax-exempt · NEW YORK, NY 10023

Financials

$4.9M$4.9M2023$4.5M$5.3M2024
Revenue Expenses · by fiscal year end
Financials of WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,467,899$5,283,821-$815,922$15,597,539$18,166,471-$2,568,932
December 31, 2023990 (amended)$4,895,860$4,871,672$24,188$15,524,090$17,277,100-$1,753,010
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$596,108
of which government grants
$596,108
Program service revenue
$3,456,260
Investment income
$62,565
Net rental income
$333,324
Other revenue
$352,966

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$53,426
Other salaries and wages
$1,352,717
Salaries, compensation and benefits (total)
$1,763,519
Professional fundraising fees
$0
Legal fees
$21,634
Accounting fees
$41,000
Occupancy
$969,363
Travel
$329
Depreciation
$590,244
Program services (functional)
$4,581,231
Management and general (functional)
$702,590

Balance sheet and other

Total assets, start of year
$15,524,090
Total assets, end of year
$15,597,539
Total liabilities, end of year
$18,166,471
Net assets, end of year
-$2,568,932
Land, buildings and equipment
$11,704,758
Net assets without donor restrictions
-$2,568,932
Gross receipts
$4,467,899
Employees
44
Volunteers
0
Year formed
1981
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 / weekCompensationFrom related orgsOther / benefits
MARK JENNINGSSECRETARY/TREASURER
Officer
8.75$0$185,102$28,601
JANE SILVERMANCHAIR
Trustee or director, Officer
2$0$0$0
JOHN CRANEVICE CHAIR
Trustee or director, Officer
1.5$0$0$0
JEFFREY FOXDIRECTOR
Trustee or director
1$0$0$0
SHELLY MICHAELSDIRECTOR
Trustee or director
1$0$0$0
JOHN SHEEHANOUTGOING DIRECTOR (5/2024)
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK JENNINGSSECRETARY/TREASURER
Officer
8.75$0$198,553$26,355
JANE SILVERMANCHAIR
Trustee or director, Officer
2$0$0$0
JOHN CRANEVICE CHAIR
Trustee or director, Officer
1.5$0$0$0
JOHN SHEEHANDIRECTOR
Trustee or director
1$0$0$0
JEFFREY FOXDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
160 W 71ST, NEW YORK, NY 10023-3901
Principal officer (990 for 2024)
MARK JENNINGS, 160 WEST 71ST STREET 2F, NEW YORK, NY 10023
Signed the 990
MARK JENNINGS, TREASURER
Phone
(212) 874-0300
Return prepared by
WISS & COMPANY LLP

Mission

TO PROVIDE HOUSING AND SUPPORTIVE SOCIAL SERVICES TO FORMERLY HOMELESS LOW-INCOME ELDERLY PERSONS RESIDING IN THE WOODSTOCK HOTEL.

990 for the year ended December 31, 2024

Program accomplishments

  • THE WOODSTOCK HOTEL IS A SUPPORTIVE SRO (SINGLE ROOM OCCUPANCY) RESIDENTIAL BUILDING FOR 291 ADULTS WHO HAVE EITHER BEEN FORMALLY HOMELESS OR HAVE INCOMES BELOW 80% OF AREA MEDIAN AND ARE AT LEAST 55 YEARS OF AGE. THERE ARE SIX SOCIAL WORKERS IN THE BUILDING WHO PROVIDE SERVICES TO INCLUDE ESCORTS TO MEDICAL APPOINTMENTS, ESTABLISHING AND MAINTAINING BENEFITS FOR TENANTS SUCH AS FOOD STAMPS, HEALTH INSURANCE AND HOME CARE SERVICES. THE NUMBER OF TENANTS WITH PRIMARY CARE PHYSICIANS AND HEALTH CARE PROXIES HAVE INCREASED SIGNIFICANTLY.
    Expenses $4,581,231 · revenue $3,456,260

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 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
51-0173450
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
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,597,539
Income (IRS master file)
$4,467,899

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,467,899$5,283,821$15,597,539IRS
990December 2023$4,895,860$4,871,672$15,524,090IRS
990December 2022$4,745,166$4,397,789$15,740,764IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 51-0173450).

Questions about WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS

What is the EIN of WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS?
The employer identification number (EIN) of WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS is 51-0173450.
Is WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS 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 WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS 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 WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS 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 WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS?
The 990 for the year ended December 31, 2024 names MARK JENNINGS.
Who are the officers and directors of WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does WOODSTOCK HOUSING DEVELOPMENT FUND CORPORATION FOR SENIOR CITIZENS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,467,899, expenses of $5,283,821 and total assets of $15,597,539 at year end.

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