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

Westbeth Corp. Housing Development Fund Company Inc.

Fiscal year ending 2021. Filed on November 9, 2022.

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 2021 IRS Form 990 filing, Westbeth Corp. Housing Development Fund Company Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 42 total employees. Among the employees shown here, the average compensation is $182,252. The highest compensated employee at Westbeth Corp. Housing Development Fund Company Inc. is Ellen Salpeter with fiscal year 2021 compensation of $280,099.

Revenue, expenses, and employee compensation

Revenue

$10,191,211

Expenses

$12,091,585

Employee compensation

$3,179,153
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ellen Salpeter
President and Chief Executive Officer
$280,099
$254,256 No related comp$25,843
Todd Salley
Superintendent
$141,221
$108,505 No related comp$32,716
Matthew J Russas
General Manager
$125,435
$125,435 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Adam Davidson
Board Member
Alan Kleiman
Board Member
Alina Lundry
Treasurer
Anisha Steephen Till 1121
Board Member
Aya MacEda Till 1221
Board Member
Christina Maile
Board Member
Domhnaillhernon
Board Member
Donald Sutton
Board Member
Elsie McCabe Thompson
Board Member
Esther Robinson
Vice Chair
George Cominskie
Secretary
Glenn Erikson Till 0621
Board Member

Contractors

Skyline Restoration Inc
Construction
$4,187,441
Klairgar Inc
HVAC Repair
$675,034
Historical Windows of New York Inc
Window Repair
$264,688
Elemental Architecture LLC
Aparatment Renovations
$263,902
Rose Property Management Group LLC
Managing Agent
$180,027

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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