West 108th Street Housing Development Fund Company Inc
Public records raise at least one point you should look into before giving.
What it says it does
WEST 108TH STREET HDFC WAS FORMED TO PARTICIPATE IN THE OWNERSHIP OF A NEW CONSTRUCTION PROJECT KNOWN AS "WSFSSH AT WEST 108", COMPRISED OF BOTH PERMANENT RESIDENTIAL HOUSING (199 RESIDENTIAL UNITS) AND A TRANSITIONAL SHELTER (110 BEDS), WHICH STARTED CONSTRUCTION ON JANUARY 2019 AND WAS COMPLETED IN DECEMBER 2021.
- Income
- $250,210
- Spending
- $299,666
- Employees
- 0
- Volunteers
- 1
- Highest pay
- $300,806, vice president
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $299,666 spent. WEST 108TH HOUSING DEVELOPMENT FUND COMPANY, INC. ("W108 HDFC") IS A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION, EXEMPT UNDER SECTION 501(C)(4), FORMED IN THE STATE OF NEW YORK ON JANUARY 19, 2017, WHOSE BOARD OF DIRECTORS IS APPOINTED BY THE BOARD OF DIRECTORS OF WSFSSH. W108 HDFC WAS FORMED TO PARTICIPATE IN THE OWNERSHIP OF A NEW CONSTRUCTION PROJECT KNOWN AS "WSFSSH AT WEST 108", COMPRISED OF BOTH PERMANENT RESIDENTIAL HOUSING (199 RESIDENTIAL UNITS) AND A TRANSITIONAL SHELTER (110 BEDS), WHICH STARTED CONSTRUCTION ON JANUARY 2019 AND WAS COMPLETED IN DECEMBER 2021. THE PROJECT IS A SINGLE BUILDING WITH TWO CONDOMINIUM UNITS. W108 HDFC SERVES AS THE FEE OWNER OF THE PERMANENT HOUSING CONDOMINIUM UNIT ("PERMANENT CONDO"). W108 HDFC IS ALSO THE MASTER LEASE HOLDER FOR THE COMMUNITY FACILITY SPACE AT WSFSSH AT WEST 108. THE VALLEY LODGE SHELTER HOUSING DEVELOPMENT FUND COMPANY, INC. ("VL HDFC") SERVES AS THE FEE OWNER OF THE TRANSITIONAL HOUSING CONDOMINIUM UNIT ("TRANSITIONAL CONDO").
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.