PHIPPS HOUSES WAS FOUNDED BY HENRY PHIPPS IN 1905 TO PROVIDE AFFORDABLE AND WELL-DESIGNED HOUSING FOR WORKING CLASS NEW YORKERS. PHIPPS HOUSES, A NOT-FOR-PROFIT CORPORATION, IS NEW YORK CITY'S OLDEST AND LARGEST NOT-FOR-PROFIT DEVELOPER, SPONSOR (CONT. ON SCHEDULE O) AND OWNER OF HOUSING FOR LOW AND MODERATE-INCOME FAMILIES. THE MISSION OF PHIPPS HOUSES IS THE CREATION OF ENDURING COMMUNITIES FOR SUCH FAMILIES, THROUGH HOUSING DEVELOPMENT, RELATED PROPERTY MANAGEMENT AND SOCIAL SERVICES.
Executive compensation, broken down
Form 990 · Schedule J · 12 reported individuals · Filing year 2024
- Base
- $714k
- Bonus
- $150k
- Other
- —
- Benefits
- $37k
- Base
- $308k
- Bonus
- $59k
- Other
- —
- Benefits
- $31k
- Base
- $279k
- Bonus
- $42k
- Other
- —
- Benefits
- $3k
- Base
- $276k
- Bonus
- $60k
- Other
- $21k
- Benefits
- $10k
- Base
- $221k
- Bonus
- $52k
- Other
- $21k
- Benefits
- $26k
- Base
- $241k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $187k
- Bonus
- $48k
- Other
- $18k
- Benefits
- $23k
- Base
- $137k
- Bonus
- $14k
- Other
- —
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $714k | $150k | — | $37k | $1M $1.1M |
Vice President and Secreta vice president | $308k | $59k | — | $31k | $455k $491k |
VP Property Development vice president | $279k | $42k | — | $3k | $381k $411k |
Cfo/treasurer | $276k | $60k | $21k | $10k | $367k $397k |
Chief of Staff officer (unspecified) | $221k | $52k | $21k | $26k | $320k $346k |
Outgoing VP Property Development vice president | $241k | — | — | $14k | $311k $337k |
VP Capital Projects & Preconstruction vice president | $187k | $48k | $18k | $23k | $276k $298k |
Assistant Director highest compensated employee | $137k | $14k | — | $9k | $189k $205k |
Human Resources Director key employee | — | — | — | — | $71k $77k |
Director of Mis key employee | — | — | — | — | $47k $51k |
Vice President vice president | — | — | — | — | $11k $12k |
Vice President vice president | — | — | — | — | $8k $9k |
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 17 unpaid individuals.
Up 5%
from 2023
From $990k in 2023 to $1M in 2024.
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.
Revenue and expenses over time
PHIPPS HOUSES reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn in New York
Comparable housing & shelter organizations in New York pay their highest-earning executive a median of $56,322.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 264 organizations across 264 filings (2022 – 2023).
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