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PHIPPS HOUSES

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Public nonprofit record

PHIPPS HOUSES

EIN 11-1187480 · Housing Development, Construction & Management (L20)

What they do

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 CITYS 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.

Money

Financial picture

Tax year 2025
Expenses$18,959,721
Contributions$25,294,386
Grants given$3,642,217
Average grant$75,880
Management$10,424,364
Stocks and bonds$213,303,537
Accounting fees$36,443
Investing fees$983,546

About this charity

Recognized since
January 1948
Location
257 PARK AVENUE S, NEW YORK, NY 10010-7304
County
New York
In care of
% CARLOS TAVAREZ
Primary officer
LUKEMAN OGUNYINKA, TREASURER

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2024
Return type
990
Tax preparer
COHNREZNICK ADVISORY LLC
NTEE classification
Housing Development, Construction & Management (L20)
IRS tax category
Housing & Shelter
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
16
Activity
399201000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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