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Filing year 2023

PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION

New York, New York·EIN 27-0018002·4
Total revenue
$340k
Total assets
$1.8M
Total expenses
$396k
Reported officers
6
Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE-INCOME PERSONS.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

Base salaryExecutive compensation
$172k
$193k
Vice President and Secreta
vice president
$80k
$89k
Vice President
vice president
$73k
$82k
Treasurer
officer (unspecified)
$63k
$70k
Vice President
vice president
$58k
$65k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Up 6%
from 2022

From $162k in 2022 to $172k in 2023.

$162k
2022
$172k
2023
In today's dollarsEst.
Up 2% in real terms$189k to $193k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$388k
$419k
2022
$340k
$396k
2023
Total revenue and total expenses from IRS Form 990 filings.
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PHIPPS AFFORDABLE HOUSING DEVELOPMENT FUND CORPORATION | New York, NY | Lucido