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Organizations Housing & Shelter Westbeth Corp. Housing Development Fund Company Inc.

Westbeth Corp. Housing Development Fund Company Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

55 Bethune Street
New York, New York 10014

Westbeth Corp. Housing Development Fund Company Inc. (EIN: 13-2614139) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Westbeth Corp. Housing Development Fund Company Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 26 total employees. Among the employees shown here, the average compensation is $176,182. The highest compensated employee at Westbeth Corp. Housing Development Fund Company Inc. is Peter Madden with fiscal year 2024 compensation of $262,611.

Revenue, expenses, and employee compensation

Revenue

$11,236,902

Expenses

$12,861,324

Employee compensation

$3,340,303
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peter Madden
Executive Director
$262,611
$252,911 No related comp$9,700
Miriam Tash
Community Manager
$148,641
$123,183 No related comp$25,458
Todd Salley
Super
$117,294
$100,564 No related comp$16,730

Benchmark Employee Compensation

Non-Employee Board Members

Adam Davidson
Director (Through 6/24)
Aileen Gribben
Director
Alina Lundry
Treasurer
Arvind Sohoni
Director
Christina Maile
Secretary
Elsie McCabe Thompson
Director
Erin Quinn Purcell
Director
George Cominskie
Director
Joe Versace
Chair
Judd Levy
Vice Chair
Merilyn Rovira
Director
Samantha Vincent
Director (Through 6/24)

Contractors

Historical Windows of New York
Apartment Renovations
$4,275,728
Cta Architects PC
Apartment Renovations
$1,116,643
Elemental Architecture LLC
Apartment Renovations
$665,135
Collado Engineering
Apartment Renovations
$296,737
Denham Wolf Real Estate Service
Apartment Renovations
$290,191

Mission Statement

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.

Revisions to this organization profile

November 13, 2025:
2024 Westbeth Corp. Housing Development Fund Company Inc. 990 filed
October 17, 2024:
2023 Westbeth Corp. Housing Development Fund Company Inc. 990 filed
November 9, 2023:
2022 Westbeth Corp. Housing Development Fund Company Inc. 990 filed

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