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

Westbeth Corp. Housing Development Fund Company Inc.

Fiscal year ending 2018. Filed on November 6, 2019.

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 2018 IRS Form 990 filing, Westbeth Corp. Housing Development Fund Company Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 30 total employees. Among the employees shown here, the average compensation is $118,292. The highest compensated employee at Westbeth Corp. Housing Development Fund Company Inc. is Matthew J Russas with fiscal year 2018 compensation of $127,902.

Revenue, expenses, and employee compensation

Revenue

$9,605,483

Expenses

$8,670,521

Employee compensation

$2,628,797
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew J Russas
Building Manager
$127,902
$106,529 No related comp$21,373
Patricia Jones
Board Chair
$117,888
$117,888 No related compNo other comp
Steven Neil
E.D Thru 2/18
$109,085
$83,126 No related comp$25,959

Benchmark Employee Compensation

Non-Employee Board Members

Adam Davidson
Board Member
Anisha Steephen
Board Member
Barbara Prete
Board Member
Christina Maile
Board Member
Domhnaill Hernon
Board Member
Donald Sutton
Vice Chair
Esther Robinson
Board Member
George Cominskie
Board Member
Glenn Erikson
Board Member
Joe Versace
Treasurer
Judd Levy
Board Member
Matthew Rutenberg
Board Member

Contractors

Elemental Architecture LLC
Architecture
$527,774
Jordan Yamada
Architecture
$124,701

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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