Women's Housing & Economic Development Corporation
Women's Housing & Economic Development Corporation reported $35.0 million in revenue and $33.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.18 went to program services, $16.13 to management and general costs and $3.69 to fundraising. Its largest source of revenue was contributions and grants: 95.2% of the total. Government grants made up 85.3%. The highest compensation it reported for one person was $466,415 (PRESIDENT AND CEO). 21 people received more than $100,000 in reportable compensation. Revenue rose 66% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $33MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $35M- Contributions & grants (non-government)$9.98 $3.5M
- Government grants$85.20 $30M
- Program service revenue$2.28 $798K
- Investment income$2.54 $889K
Other revenue was negative: −$20,260. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.2% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.1% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.7% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.2% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 85.3% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $466,415 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.41% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 21 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.7 | 10.0 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expensePrograms relating to the provision of home-based child care for low-income residents of new york city:whedco supports a professional network of 300 licensed home-based childcare businesses and works with thousands of informal friend-family-neighbor care providers to increase access to high quality affordable childcare across the bronx and nyc. Whedco supports childcare providers through comprehensive professional development training, coaching, technical assistance, program visits, access to the child and adult care food program, mental health services, implementation of research-based…
After-school, extended day, summer camp, and teen college access programs for low-income youth:whedco operates after school, extended day, summer camp, and teen programs serving more than 1,200 bronx students in kindergarten through 12th grade. Whedco offers ela, STEM, arts, sports, chess, social justice, youth leadership, peer education, internships and other work experience, tutoring, test prep, and support to access high performing high schools and college
Head start preschool for low-income 3 and 4 year olds:whedco operates a year-round head start preschool serving 103 children and their families, and promoting early childhood development and early learning. Whedco also offers a family literacy program to head start parents
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Officer, 35.00 hrs/week | $396,975 | $0 | $69,440 | $466,415 |
| VP HOME-BASED CHILDCARE SERVICES Highest compensated employee, 35.00 hrs/week | $350,123 | $0 | $35,890 | $386,013 |
| VP FAMILY SUPTAND & HOUSING SERVICES Highest compensated employee, 35.00 hrs/week | $190,170 | $0 | $26,079 | $216,249 |
| VP DEVELOPMENT & EXT AFFAIRS Highest compensated employee, 35.00 hrs/week | $188,189 | $0 | $25,059 | $213,248 |
| SENIOR VP & GENERAL COUNSEL Officer, 35.00 hrs/week | $200,612 | $0 | $11,212 | $211,824 |
| FINANCIAL OFFICER THRU JAN 2025 Officer, 35.00 hrs/week | $206,966 | $0 | $0 | $206,966 |
| DIRECTOR OF IT Highest compensated employee, 35.00 hrs/week | $161,495 | $0 | $23,070 | $184,565 |
| SVP, AFFORDABLE HOUSING ASSET MGMT Key employee, 35.00 hrs/week | $169,111 | $0 | $14,645 | $183,756 |
21 people received more than $100,000 in reportable compensation from Women's Housing & Economic Development Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5513
- Volunteers Part I, line 696
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| EUDA CONSTRUCTION AND DESIGN LLC Construction services | $288,636 |
| MAMICHELLE'S DAYCARE INC Child care provider | $170,375 |
| SWEET ANGEL CHILD CARE CORP Child care provider | $164,730 |
Individuals listed as contractors are left out. 23 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to Women's Housing & Economic Development Corporation totaling $738K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Women's Housing & Economic Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Women's Housing & Economic Development Corporation, you can publish a response that is linked from this page.
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Of every $100 Women's Housing & Economic Development Corporation spent in FY2025, $80.18 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Sun Health Grandview TerraceSun City West, AZ · revenue $35M · programs 76.1% · FY2025
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- Turning Point Inc. and AffiliatesNewburyport, MA · revenue $34M · programs 91.4% · FY2025
- West Side Federation for Senior and Supportive HousingNew York, NY · revenue $35M · programs 77.8% · FY2025
- First Community VillageColumbus, OH · revenue $34M · programs 82.5% · FY2025
All housing & shelter charities · Largest charities in New York
Questions people ask
How much of Women's Housing & Economic Development Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, Women's Housing & Economic Development Corporation reported that 80.2% of its $33.1 million in expenses went to program services, 16.1% to management and general and 3.7% to fundraising (Form 990, Part IX).
How much does Women's Housing & Economic Development Corporation pay its top executive?
The largest total compensation Women's Housing & Economic Development Corporation reported for one person in the fiscal year ending June 30, 2025 was $466,415, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Women's Housing & Economic Development Corporation get its money?
Of $35.0 million in revenue in the fiscal year ending June 30, 2025, 95.2% came from contributions and grants (including 85.3% from government grants) and 2.3% from program service revenue (Form 990, Part VIII).
Is Women's Housing & Economic Development Corporation a registered charity?
The IRS lists EIN 11-3099604 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601279349304415 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541299349302694 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349300401 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311359349312426 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349301774 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121319349300932 · read the filing
All filings for EIN 11-3099604: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.