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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Phipps Houses

Phipps Houses

Fiscal year ending 2024. Filed on December 8, 2025.

257 Park Avenue South 12th Floor
New York, New York 10010

Phipps Houses (EIN: 11-1187480) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Phipps Houses, a 501(c)(3) charitable organization, reported compensation for 12 out of 27 total employees. Among the employees shown here, the average compensation is $391,553. The highest compensated employee at Phipps Houses is Adam Weinstein with fiscal year 2024 compensation of $1,043,975.

Revenue, expenses, and employee compensation

Revenue

$110,928,466

Expenses

$18,959,721

Employee compensation

$8,053,826
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Adam Weinstein
President and Chief Executive Officer
$1,043,975
$863,534 No related comp$180,441
James Robert Pigott Jr
Vice President and Secretary
$454,550
$366,981 No related comp$87,569
Colleen McAuliffe
Human Resources Director
$403,966
$0 $332,600 $71,366
Michael Wadman
Vice President Property Development
$380,571
$321,134 No related comp$59,437
Lukeman Ogunyinka
Chief Financial Officer and Treasurer
$367,205
$357,241 No related comp$9,964
Cathy Pennington
Vice President
$360,036
$0 $351,917 $8,119
Andre White
Vice President
$346,954
$0 $336,121 $10,833
Matthew Washington
Chief of Staff
$320,048
$294,304 No related comp$25,744
Matthew Kelly
Outgoing Vice President Property Development
$311,460
$241,381 No related comp$70,079
John Steven Lovci
Vice President Capital Projects and Preconstruction
$275,765
$252,292 No related comp$23,473
Gennadiy Trakhtman
Director of MIS
$244,701
$0 $197,882 $46,819
Carmelo Torres
Assistant Director
$189,401
$150,795 No related comp$38,606

Benchmark Employee Compensation

Non-Employee Board Members

Abbe Borok
Trustee
Andrew Sidamon-Eristoff
Trustee
Boris Gutin
Trustee
Darcy Stacom
Trustee
Dita Amory
Trustee
Donald Notice
Trustee
Dr Felix Matos-Rodriguez
Trustee
Dr Oxiris Barbot
Trustee
Jay Neveloff
Chair
Peter Duncan
Trustee
Richard Kessler
Trustee
Ronay Menschel
Trustee

Contractors

Dattner Architects
Architect
$1,739,136
Akrf Inc.
Environmental Remediation
$1,146,081
V Cloud Painting and Contracting Corp.
Contractor
$735,308
Cornerstone Group
Real Estate Broker
$360,000
Magnusson Architecture & Planning PC
Architect
$342,494

Mission Statement

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.

Revisions to this organization profile

December 8, 2025:
2024 Phipps Houses 990 filed
November 15, 2024:
2023 Phipps Houses 990 filed
November 16, 2023:
2022 Phipps Houses 990 filed

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