Fiscal year ending 2020. Filed on December 20, 2021.
902 Broadway 13th Floor
New York, New York 10010
Bellwest Management Corporation (EIN: 13-2736357) has filed an IRS Form 990 from fiscal year 2016–2020. In its fiscal year 2020 IRS Form 990 filing, Bellwest Management Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $472,813. The highest compensated employee at Bellwest Management Corporation is Adam Weinstein with fiscal year 2020 compensation of $958,473.
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BELLWEST MANAGEMENT CORPORATION IS THE FORMER MANAGING GENERAL PARTNER OF BELLEVUE SOUTH ASSOCIATES, LP (DISSOLVED), THE FORMER OWNER OF KIPS BAY COURT, WHICH WAS CONSTRUCTED TO COMBAT THE BLIGHTED AND DETERIORATED HOUSING CONDITIONS IN THE BELLEVUE SOUTH URBAN RENEWAL AREA. THROUGH THE OPERATION OF KIPS BAY COURT, THE ORGANIZATION WAS ABLE TO MAINTAIN THE ELIMINATION OF SUCH BLIGHTED HOUSING CONDITIONS, PROVIDING A SUBSTANTIAL NUMBER OF SUBSIDIZED LOW-INCOME HOUSING UNITS AND GENERATING REVENUE TO SUPPORT THE OTHER LOW-INCOME HOUSING ACTIVITIES OF THE PHIPPS HOUSES GROUP. WITH THE SALE OF KIPS BAY COURT, THE CORPORATION PLANS TO DISSOLVE.
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