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Nonprofit · EIN 81-5181888

WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC

Tax-exempt · NEW YORK, NY 10024

Financials

$245K$300K2023$250K$300K2024
Revenue Expenses · by fiscal year end
Financials of WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$250,210$299,666-$49,456$6,317,786$6,439,835-$122,049
June 30, 2024990$244,928$300,263-$55,335$6,427,898$6,500,491-$72,593
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$250,210
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$299,622
Program services (functional)
$299,666

Balance sheet and other

Total assets, start of year
$6,427,898
Total assets, end of year
$6,317,786
Total liabilities, end of year
$6,439,835
Net assets, end of year
-$122,049
Net assets without donor restrictions
-$122,049
Gross receipts
$250,210
Employees
0
Volunteers
1
Year formed
2017
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAUL R FREITAGVICE PRESIDENT
Trustee or director, Officer
1$0$249,486$51,320
CLAIRE HILGERCOO/ASSIST SECRETARY
Trustee or director, Officer
1$0$209,367$7,709
DANIEL J DROSINASST. VP/FACILITIES MANGR (OUTGOING)
Officer
1$0$140,557$37,139
DEEPAK BUTANICFO/TREASURER
Officer
1$0$95,291$17,868
SHELDON J FINEPRESIDENT
Trustee or director, Officer
1$0$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PAUL R FREITAGVICE PRESIDENT
Trustee or director, Officer
1$0$239,636$53,667
CLAIRE HILGERCOO/ASSIST SECRETARY
Trustee or director, Officer
1$0$192,659$7,302
NANDA WINCFO/TREASURER (OUTGOING)
Officer
1$0$126,124$48,477
DANIEL J DROSINDIR OF PROPERTY MNGMENT
Officer
1$0$136,518$34,296
SHELDON J FINEPRESIDENT
Trustee or director, Officer
1$0$0$0
DEEPAK BUTANICFO (INCOMING)
Officer
1$0$0$0

Address and contacts

Address (IRS master file)
2345 BROADWAY, NEW YORK, NY 10024-3213
Mailing address (990-N for 2022)
2345 BROADWAY, NEW YORK NY 10024
Principal officer (990 for 2024)
DEEPAK BUTANI, 2345 BROADWAY, NEW YORK, NY 10024
Principal officer (990-N for 2022)
PAUL FREITAG, 2345 BROADWAY, NEW YORK NY 10024
Signed the 990
PAUL FREITAG, CFO/TREASURER
Phone
(212) 721-6032
Return prepared by
CBIZ ADVISORS LLC

Mission

WEST 108TH STREET HDFC WAS FORMED TO PARTICIPATE IN THE OWNERSHIP OF A NEW CONSTRUCTION PROJECT KNOWN AS "WSFSSH AT WEST 108", COMPRISED OF BOTH PERMANENT RESIDENTIAL HOUSING (199 RESIDENTIAL UNITS) AND A TRANSITIONAL SHELTER (110 BEDS), WHICH STARTED CONSTRUCTION ON JANUARY 2019 AND WAS COMPLETED IN DECEMBER 2021.

990 for the year ended June 30, 2025

Program accomplishments

  • WEST 108TH HOUSING DEVELOPMENT FUND COMPANY, INC. ("W108 HDFC") IS A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION, EXEMPT UNDER SECTION 501(C)(4), FORMED IN THE STATE OF NEW YORK ON JANUARY 19, 2017, WHOSE BOARD OF DIRECTORS IS APPOINTED BY THE BOARD OF DIRECTORS OF WSFSSH. W108 HDFC WAS FORMED TO PARTICIPATE IN THE OWNERSHIP OF A NEW CONSTRUCTION PROJECT KNOWN AS "WSFSSH AT WEST 108", COMPRISED OF BOTH PERMANENT RESIDENTIAL HOUSING (199 RESIDENTIAL UNITS) AND A TRANSITIONAL SHELTER (110 BEDS), WHICH STARTED CONSTRUCTION ON JANUARY 2019 AND WAS COMPLETED IN DECEMBER 2021. THE PROJECT IS A SINGLE BUILDING WITH TWO CONDOMINIUM UNITS. W108 HDFC SERVES AS THE FEE OWNER OF THE PERMANENT HOUSING CONDOMINIUM UNIT ("PERMANENT CONDO"). W108 HDFC IS ALSO THE MASTER LEASE HOLDER FOR THE COMMUNITY FACILITY SPACE AT WSFSSH AT WEST 108. THE VALLEY LODGE SHELTER HOUSING DEVELOPMENT FUND COMPANY, INC. ("VL HDFC") SERVES AS THE FEE OWNER OF THE TRANSITIONAL HOUSING CONDOMINIUM UNIT ("TRANSITIONAL CONDO").
    Expenses $299,666 · revenue $250,210

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
81-5181888
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2018
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,317,786
Income (IRS master file)
$250,210

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$250,210$299,666$6,317,786IRS
990June 2024$244,928$300,263$6,427,898IRS
990-N for 2022
Officer: PAUL FREITAG
June 30, 2023≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: PAUL FREITAG
June 30, 2021≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: PAUL FREITAG
June 30, 2019≤ $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 81-5181888).

Questions about WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC

What is the EIN of WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC?
The employer identification number (EIN) of WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC is 81-5181888.
Is WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2018.
Are donations to WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WEST 108TH STREET 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 WEST 108TH STREET 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 WEST 108TH STREET 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 WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended June 30, 2025 names DEEPAK BUTANI.
Who are the officers and directors of WEST 108TH STREET 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 WEST 108TH STREET HOUSING DEVELOPMENT FUND COMPANY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $250,210, expenses of $299,666 and total assets of $6,317,786 at year end.

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