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WEBSTER TOWERS INC C/O HBS MANAGEMENT COMPANY

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Public IRS 990 nonprofit record

WEBSTER TOWERS INC C/O HBS MANAGEMENT COMPANY

EIN 23-2742809

What they do

WEBSTERS MISSION AS A NOT-FOR-PROFIT ENTITY is to PROVIDE AFFORDABLE HOUSING for ELDERLY RESIDENTS of THE GREATER SCRANTON AREA of PENNSYLVANIA, THAT is COMFORTABLE, CLEAN, MODERN, and SAFE. THE ORGANIZATION FULFILLS ITS MISSION BY CONTINUALLY REINVESTING IN THE AESTHETIC and PHYSICAL QUALITY of ITS 85 RESIDENTIAL UNITS, WHILE CHARGING RENTS THAT ARE CONSISTENTLY LOWER THAN PREVAILING MARKET RENT RATES IN THE REGION, THUS MAKING THE UNITS AFFORDABLE for CURRENT and POTENTIAL TENANTS WITH LOWER INCOMES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.79%of revenue went to mission work100.0% of expenses · Program services
$88.79spent for every $100 of revenueRevenue covered expenses this year.
$2.17in assets for every $1 spent this yearSome assets cannot be spent right away.
3.5%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$908,897
Mission workProgram services$807,01988.79% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$101,87811.21% of revenueShown in gray on the chart
Total expenses$807,01988.79% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 88.79% of revenue
2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.57% of revenue
2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.28% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 87.34% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 95.35% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.39% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.08% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 93.78% of revenue

Money in and money out

Revenue$908,897
Expenses$807,019
Annual surplus $101,878 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$807,019 · 100.0% of expenses
See all reported dollar amounts
Revenue$908,897
Expenses$807,019
Assets$1,753,082
Income$908,897
Contributions$32,045
Mission work (program services)$807,019
Accounting fees$9,000
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (15)

ANDREW HAILSTONE ESQDIRECTOR

DANIEL CECCACCIDIRECTOR

DAVID ANDERSONDIRECTOR

ELEANOR LIEBERMANDIRECTOR

GAYLE GREENSTEINDIRECTOR

JERRY J WEINBERGER ESQUIREDIRECTOR

MARGARET SHELDONDIRECTOR

MICHAEL GREENSTEINPRESIDENT

RABBI SAMUEL SANDHAUSSECRETARY TR

RICHARD BISHOP ESQDIRECTOR

RICHARD G FINE ESQUIREVICE PRESIDE

SHEILA NUDELMAN ABDODIRECTOR

STUART POLLACKDIRECTOR

SUSAN CONNORSDIRECTOR

SUSAN STADOLNYDIRECTOR

About this charity

Recognized since
January 1994
Location
500 N WEBSTER AVE, SCRANTON, PA 18510-2252
County
Lackawanna
In care of
% HBS MANAGEMENT CO
Primary officer
MICHAEL GREENSTEIN, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
June 1, 2024
Return type
990
Tax preparer
GINADER JONES & CO LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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