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Women's Housing and Economic Development Corp.

AKA WHEDco

Bronx, NY

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Women's Housing and Economic Development Corp.

Also Known As:
WHEDco
Physical Address:
Bronx, NY 10452 
EIN:
11-3099604
Web URL:
www.whedco.org
Leadership:
Ms. Nancy Biberman, Esq.
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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Fiscal Year Starting: Jan 01, 2011
Fiscal Year Ending: Dec 31, 2011
Revenue
Total Revenue $12,618,835
Expenses
Total Expenses $12,927,673

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Basic Organization Information

Women's Housing and Economic Development Corp.

Also Known As:
WHEDco
Physical Address:
Bronx, NY 10452 
EIN:
11-3099604
Web URL:
www.whedco.org 
NTEE Category:
L Housing, Shelter 
L25 Housing Rehabilitation 
O Youth Development 
O51 Youth Community Service Clubs 
J Employment, Job Related 
J22 Employment Training 
Year Founded:
1991 
Ruling Year:
1996 
How This Organization Is Funded:
Foundations and Corporations - $1,618,500
Government Grants and Contracts - $10,589,558

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Mission Statement

WHEDco works with families in the Bronx who struggle with the multiple challenges and consequences of chronic poverty, and who, like all of us, aspire to a healthy, financially stable future. WHEDco offers interconnected, innovative, and high quality solutions – including the building of healthy, affordable homes in safe and thriving communities – creating more beautiful, equitable, and economically vibrant places to live and raise a family.

Expert Assessment

The Women’s Housing and Economic Development Corporation (WHEDco) was founded in 1991 to provide housing and services to enable families living in poverty in the Bronx to become economically self sufficient. Deeply rooted in the community, WHEDco's Head Start is part of the organization's integrated set of services that includes a parent literacy program, public benefits screening, mental health counseling, health and nutrition workshops, and housing assistance. The Head Start combines poverty reduction programs in affordable housing spaces to educate children and stabilize families. Read More »

Impact Summary from the Nonprofit

Using a model of place‐based community development, WHEDco is helping to restore the critical sense of pride of place and culture in the Bronx that was lost as a result of severe and protracted public disinvestment. While the destruction of the Bronx spanned more than a decade and did not come about as a single cataclysmic event such as Hurricane Katrina, its consequences have been equally traumatic and profound. The decline of the Bronx shredded the social fabric of tens of thousands of lives, resulting in a loss of memory of its extraordinary assets and an enduring sense of shame and responsibility among its residents, particularly today’s youth.In order to create a more beautiful, equitable, and economically vibrant Bronx, WHEDco works with neighborhood residents to restore pride of place and culture as the foundation for healthy neighborhood growth and individual achievement. These values serve as our guiding framework: Service to low‐income communities of the Bronx: We are rooted in communities of the South Bronx – historic, present and future. Pride of place: We believe that the physical environment and quality of life in communities have a profound effect on people. We seek to create beautiful, high quality, healthy places that enable residents to take pride in their communities and thrive. Health and wellness: We believe that health and wellness are critical factors in helping families and individuals to reach their potential and achieve success. Therefore we are committed to improving health and physical fitness among residents of the South Bronx. Learning and capacity building: We prize inquiry, learning, and capacity building, and are committed to continuously assessing our performance and making improvements. We also encourage and support staff professional development. Innovation: We are committed to out‐of‐the box approaches to solving social problems, and evaluating what works and what doesn’t. Strong partnerships: We believe that in order to achieve our mission, we need to build strong partnerships with an array of like‐minded organizations.  Therefore we seek opportunities for collaborative thinking and work.

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  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

Revenue and Expense data from Forms 990 for 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2011, 2010, 2009, 2008, 2007 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

Financial SCAN

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Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit


Financial Statements

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Annual Reports

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Leadership

Ms. Nancy Biberman, Esq.

Term:

Since Jan 1991

Profile:

Nancy Biberman, Founder and President, is an expert on green, affordable housing and community development with over thirty years of experience in advocating for greater equity and justice in New York City. Nancy began her career as a Legal Services lawyer and went on to help create the SRO Law Project. While studying at Columbia University's School of Architecture and Planning with a Revson Fellowship, she conceived and developed the West End Intergenerational Residence. Subsequently, she developed over 700 units of affordable housing in the Highbridge section of the Bronx. She founded WHEDco in 1991 and has served as its President since. Nancy has received the Paul Davidoff Award for Leadership in Housing and Equal Opportunity from the American Planning Association, the Fannie Baer Besser Award for Public Service from Rutgers Law School, and a James A. Johnson Fellowship from the Fannie Mae Foundation. Nancy received her BA from Barnard College of Columbia University and her JD from Rutgers University School of Law. Nancy serves on the Board of Directors of Hostos Community College Foundation and the Freelancers Union Insurance Company.

Board Chair

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Board of Directors

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Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Program: Housing & Community Development

Budget:
$512,212
Category:
Housing
Population Served:
Poor/Economically Disadvantaged, Indigent, General

Program Description:

Because the physical environment and quality of life in communities have a profound effect on people, WHEDco fosters safer, healthier, and more vibrant neighborhoods surrounding our housing. We work with South Bronx residents to improve safety, commer4cial development, and access to green space in their communities. And because health and wellness are critical to helping people reach their potential and achieve success, we educate residents of our communities about good nutrition and physical fitness.

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Program: Home-based Childcare

Budget:
$8,474,320
Category:
Human Services
Population Served:
Poor/Economically Disadvantaged, Indigent, General

Program Description:

Through training, licensing assistance, professional support and other resources, WHEDCo helps women to build and grow successful home-based childcare microenterprises. Home-based Childcare Microenterprise Network The foundation of WHEDco’s childcare work is our fifteen year old Network, whose members receive: Regular monitoring to ensure the health and safety of children Ongoing professional development in childcare Help with budgeting, tracking expenses, debt reduction and smart tax strategies to maximize their earnings Childcare Improvement Project Through the Childcare Improvement Project (CIP), WHEDco has grown beyond the Bronx to work with childcare providers in all five boroughs of New York City. In partnership with New York State Office of Children and Family Services (OCFS), the New York City Administration for Children's Services (ACS), and the New York City Human Resources Administration (HRA), WHEDco has staff in 22 locations throughout New York City who are screening 45,000 unlicensed childcare providers to ensure that they: Meet minimum health and safety standards Have not been convicted of a felony or misdemeanor against children Are not living with anyone who has been convicted of a felony or misdemeanor against children We also provide informal caregivers with training and assistance in creating licensed businesses.

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Program: Youth Education and Development

Budget:
$1,835,516
Category:
Education
Population Served:
Poor/Economically Disadvantaged, Indigent, General

Program Description:

WHEDco provides opportunities for 1,000 students annually to have the kinds of life experiences that prepare them for success as adults. Bronx children often do not have enough opportunities for physical exercise, outdoor play in the natural environment, and travel beyond the borders of their communities. WHEDco’s holistic approach to education, where a student’s mind, body and artistic spirit is nourished and enriched, helps children and youth reach their potential. WHEDco’s youth development programs include: An award-winning After School Program which serves students in Kindergarten through 8th grade with arts and academic enrichment in three public schools in the South Bronx A Summer Arts Day Camp Project STEP (Students Toward Educational Promise) which engages middle school students in social justice and helps them to gain entry into competitive high schools The student-led JAM (Just Ask Me) Program which empowers teens to teach sexual education to their peers and advocate for improved school policies Linkage with a College Access Program that helps kids successfully apply for entry into colleges and universities of their choice

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Program: Family Support Services

Budget:
$707,319
Category:
Human Services
Population Served:
Poor/Economically Disadvantaged, Indigent, General

Program Description:

Beautiful buildings alone do not transform struggling communities. Given the right tools, all families and communities have the potential to flourish. WHEDco’s family support services link residents of the Bronx to the kinds of resources we all need to succeed. Family support includes: Benefits Counseling: WHEDco’s family support staff help people to overcome poverty by accessing critical public benefits such as food stamps, social security, housing subsidies, health insurance and childcare. We also offer legal counseling and financial planning to help families achieve economic security. Mental Health Counseling: All individuals and families experience crises at some point in their lives. WHEDco’s family support staff help people to overcome the stress that accompanies poverty and to achieve stability and success. School Partnerships: All young people need their parents’ support to make good choices about their education and to navigate the complex issues of growing uhealth and well-being. Food Pantry: In order to help Bronx families weather tough economic times, WHEDco distributes healthy groceries through our community food pantry.

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Evidence of Impact

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Organizational Strengths

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Areas for Improvement

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