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Filing year 2023

WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC

New York, New York·EIN 13-2614139·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$10.6M
Total assets
$57.8M
Total expenses
$12.5M
Reported officers
13
Mission

WESTBETH A HOME FOR THE ARTS AND PROVIDES HOUSING AND RELATED SUPPORT SERVICES FOR ARTISTS. WESTBETH COMPRISES 384 UNITS OF AFFORDABLE HOUSING FOR LOW-INCOME ARTISTS AND THEIR FAMILIES. IN ADDITION, IT CONTAINS ARTISTS' PRODUCTION AND PRESENTATION SPACES -- PAINTING STUDIOS, REHEARSAL STUDIOS, EXHIBITION, THEATER AND PERFORMANCE SPACES -- FOR BOTH RESIDENTS AND NON-RESIDENTS. IT ALSO OFFERS SOCIAL SERVICE SUPPORT FOR AN INCREASINGLY ELDERLY POPULATION, MANY OF WHOM HAVE LIVED IN THE BUILDING SINCE IT OPENED IN 1970.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in New York.

Resident Manager
Highest Compensated Employee
Median to 75th percentile
$143k
$160k
Executive Director
75th to 90th percentile
$136k
$153k
Community Manager
Highest Compensated Employee
25th percentile to median
$109k
$122k
Manager
Highest Compensated Employee
25th percentile to median
$107k
$120k
Director/interim Ed.
Officer (Unspecified)
$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 8 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC

What does the Highest Compensated Employee of WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC earn?

In 2023, the Highest Compensated Employee of WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC received $142,652 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Housing & Shelter organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in New York, the 2023 pay of the Highest Compensated Employee at WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC falls between the median and the 75th percentile. In 2023, the highest total compensation at WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC equaled 1% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC's revenue and expenses?

In 2023, WESTBETH CORP HOUSING DEVELOPMENT FUND COMPANY INC reported $10.6M in total revenue and $12.5M in total expenses on its IRS Form 990.

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