West Harlem Development Corporation

Tax-deductible

New York, NY501(c)(3)Community DevelopmentEIN 45-0722514Revenue $2.0M in FY2024

On file with the IRSwestharlemdc.org423 W 127th St Suite A, 10027-2561 · New York, NYTax-exempt since Jul 2011Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To promote increased economic opportunities and quality of life to sustain a vibrant West Harlem community.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$365K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $2.1M a year · 149% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$365K
to officers and key staff · 9% of spending
Top officer’s pay higher than 71% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.8M
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
+53% vs prior year
Spent
$4.0M
To programs
88%
Net assets
$54.4M
By yearFY2019–FY2024
Revenue
$2.0M
FY2024▲ +53%
Tap a bar for its year
Revenue by fiscal year
FY2019$1.2M
FY2020$2.0M
FY2021$1.2M
FY2022$728K
FY2023$1.3M
FY2024$2.0M
Expenses
$4.0M
FY2024▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2019$3.3M
FY2020$3.3M
FY2021$3.6M
FY2022$3.2M
FY2023$3.7M
FY2024$4.0M
Net assets
$54.4M
FY2024▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2019$62.3M
FY2020$61.9M
FY2021$60.4M
FY2022$54.7M
FY2023$55.3M
FY2024$54.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $3.5M Management & general 12% · $497K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

15 people listed on the 990; $365K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$216,921Pt VII · Sec A
Hdfc Director
$148,131Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee (thru 07/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee (as of 02/24)
$0Pt VII · Sec A
$0Pt VII · Sec A

Zead Ramadan’s $217K as Executive Director is at the 71st percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Zead Ramadan$216,921$212,423$161,923$117,798$13,269—
Kofi a Boateng————$201,368$193,700
Vincent S Morgan$148,131$145,923————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See West Harlem Development Corporation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides funding, resources, and housing support services to promote economic opportunity and affordable housing cooperatives for residents of the West Harlem community.

Questions for West Harlem Development Corporation

Tap to ask. West Harlem Development Corporation sees how many people are interested.

Your first name shows with your question. West Harlem Development Corporation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $3.3M · in their own filed words · FY2024
01

Grants and Community Services

West harlem development's priority is to support west harlem-based community projects by deploying funds contributed by columbia university pursuant to the cba through its annual community benefits grant (CBG) and other activities.

$2.8Mprogram expense
02

Youth Services

Through its youth development program, arise!, that exclusively services MCD9, high school students (14-18 years) get paid each summer for participation in both employment and academic enrichment activities. The latter aims to address the "summer slide" that affects some students after the school year has ended.

$287Kprogram expense
03

Housing Services

The newly formed west harlem development corporation (WHDC) housing development fund corporation (HDFC) resource center is dedicated to the support of the important west harlem housing segment, and its goal of providing information and leveraging resources to strengthen housing development fund corporation cooperatives in our community.

$231Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 528 grants · $10.8M · 2019–2024
Boys & Girls Club of HarlemFY2024$198,350
Harlem Arts AllianceNY · FY2024$125,000
Future Giants CorporationNY · FY2024$90,000
Reading Team INCNY · FY2024$30,000
The Kota Alliance INCNY · FY2024$30,000
Harlem Stage INCNY · FY2024$30,000
Figure Skating in Harlem INCNY · FY2024$30,000
Broadway Community INCNY · FY2024$30,000
Boys & Girls Club of HarlemFY2024$30,000
Arts & Minds INCNY · FY2024$30,000
Uptown-Inner City League INCNY · FY2024$27,500
See all 528 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Investment incomeLn 3$1.7M
Other incomeLn 4–11$270K
Money outPt IX
$4.0M
Ln 25
Programscol B$3.5M
Managementcol C$497K
Owns and owesPt X
$54.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$56.2M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$1.7M
Other incomeLn 4–11$270K
Gains on assetsLn 7$596K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$313K
SavingsLn 2$849K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$54.3M
Other assetsLn 15$629K
Total assetsLn 16$56.2M
LiabilitiesLn 26$1.8M
Net assetsLn 32$54.4M
OperationsPt I, VI
EmployeesI 5226
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$975K$1.2M
InvestmentsLn 11–13$48.4M$54.3M
Total assetsLn 16$57.2M$56.2M
LiabilitiesLn 26$1.9M$1.8M
Net assetsLn 32$55.3M$54.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.5M$2.5M
Pay of current officers, directors and key staffLn 5$226K$159K$67K
Other salaries and wagesLn 7$451K$318K$133K
Pension plan contributionsLn 8$8K$5K$2K
Other employee benefitsLn 9$74K$52K$22K
Payroll taxesLn 10$51K$36K$15K
Investment management feesLn 11f$173K$173K
Other fees for servicesLn 11g$143K$100K$43K
Office expensesLn 13$33K$24K$8K
Information technologyLn 14$19K$19K
OccupancyLn 16$168K$142K$26K
Conferences, conventions and meetingsLn 19$4K$3K$1K
InsuranceLn 23$17K$12K$5K
Other expenses (24a–d)Ln 24$92K$92K
All other expensesLn 24e$4K$3K$1K
Total functional expensesLn 25$4.0M$3.5M$497K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.0M$4.0M−$2.0M$54.4M 990 PDF
FY2023 $1.3M$3.7M−$2.3M$55.3M 990 PDF
FY2022 $728K$3.2M−$2.4M$54.7M 990 PDF
FY2021 $1.2M$3.6M−$2.4M$60.4M 990 PDF
FY2020 $2.0M$3.3M−$1.3M$61.9M 990 PDF
FY2019 $1.2M$3.3M−$2.0M$62.3M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $2,016,917 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $250$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $758,776$1,747,064
I-11 Other revenuePrior year $560,222$269,853
I-12 Total revenuePrior year $1,319,248$2,016,917
I-13 Grants and similar amounts paidPrior year $2,497,472$2,541,728
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $694,268$808,999
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $473,336$653,655
I-18 Total expensesPrior year $3,665,076$4,004,382
I-19 Revenue less expensesPrior year −$2,345,828−$1,987,465
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,016,917 across 4 lines filed
VIII-3 Investment incomeRelated to mission $1,151,185$1,151,185
VIII-7 Net gain or loss on sales of assetsExcluded from tax $595,879$595,879
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $269,853$269,853
VIII-12 Total revenueRelated to mission $1,421,038 · Unrelated business $0 · Excluded from tax $595,879$2,016,917
Part IX · Statement of functional expenses $4,004,382 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $2,541,728$2,541,728
IX-5 Pay of current officers, directors and key staffPrograms $159,242 · Management $66,528$225,770
IX-7 Other salaries and wagesPrograms $317,836 · Management $132,793$450,629
IX-8 Pension plan contributionsPrograms $5,486 · Management $2,289$7,775
IX-9 Other employee benefitsPrograms $52,004 · Management $21,698$73,702
IX-10 Payroll taxesPrograms $36,073 · Management $15,050$51,123
IX-11f Investment management feesManagement $172,798$172,798
IX-11g Other fees for servicesPrograms $99,775 · Management $43,103$142,878
IX-13 Office expensesPrograms $24,190 · Management $8,498$32,688
IX-14 Information technologyPrograms $19,283$19,283
IX-16 OccupancyPrograms $141,762 · Management $26,428$168,190
IX-19 Conferences, conventions and meetingsPrograms $3,162 · Management $1,319$4,481
IX-23 InsurancePrograms $12,253 · Management $5,113$17,366
IX-24 Other expenses (24a–d)Programs $92,066$92,066
IX-24e All other expensesPrograms $2,819 · Management $1,086$3,905
IX-25 Total functional expensesPrograms $3,507,679 · Management $496,703 · Fundraising $0$4,004,382
Part X · Balance sheet $56,153,063 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $228,693$312,719
X-2 Savings and temporary cash investmentsStart of year $746,665$849,343
X-4 Accounts receivableStart of year $6,980,147$0
X-9 Prepaid expenses and deferred chargesStart of year $24,733$13,497
X-11 Publicly traded securitiesStart of year $48,447,496$54,348,043
X-15 Other assetsStart of year $743,992$629,461
X-16 Total assetsStart of year $57,171,726$56,153,063
X-17 Accounts payable and accrued expensesStart of year $83,368$125,331
X-18 Grants payableStart of year $1,039,868$1,005,750
X-25 Other liabilitiesStart of year $733,239$621,953
X-26 Total liabilitiesStart of year $1,856,475$1,753,034
X-28 Net assets with donor restrictionsStart of year $55,315,251$54,400,029
X-32 Total net assets or fund balancesStart of year $55,315,251$54,400,029
X-33 Total liabilities and net assetsStart of year $57,171,726$56,153,063
Part XI · Reconciliation of net assets $54,400,029 net assets at year end
XI-1 Total revenue$2,016,917
XI-2 Total expenses$4,004,382
XI-3 Revenue less expenses−$1,987,465
XI-4 Net assets at start of year$55,315,251
XI-5 Net unrealized gains (losses) on investments$1,072,243
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$54,400,029

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.