West Harlem Development Corporation
- Assets
- $61.3m
- Revenue
- $1.2m
- Investments
- $35.9m
- Employees
- 226
- Location
- New York, NY
- Founding
- 07/2011
- Data as of
- 12/2021
- EIN
- 45-0722514
Organization Overview
West Harlem Development Corporation is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, West Harlem Development Corporation employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Harlem Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, West Harlem Development Corporation generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, West Harlem Development Corporation has awarded 409 individual grants totaling $8,717,607. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE INCREASED ECONOMIC OPPORTUNITIES AND QUALITY OF LIFE TO SUSTAIN A VIBRANT WEST HARLEM COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. WHDC'S STRATEGY IS TO ADDRESS THE NEEDS OF WEST HARLEM THROUGH COLLABORATIONS AND CAPACITY ENHANCEMENTS OF COMMUNITY BASED ORGANIZATIONS AND INSTITUTIONS.
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.
SENIOR SERVICES - THROUGH ITS SUMMER SENIOR EMPLOYMENT PROGRAM, WEST HARLEM DEVELOPMENT HAS PLACED HUNDREDS OF OLDER WEST HARLEM RESIDENTS (55+ YEARS) IN PART-TIME, STIPEND PAID POSITIONS AT LOCAL NONPROFITS AND PUBLIC AGENCIES GIVING PARTICIPANTS THE OPPORTUNITY TO CONTRIBUTE MEANINGFUL SERVICE TO THEIR COMMUNITY AND HELPING UNDER-RESOURCED ORGANIZATIONS MEET STAFFING GAPS.
WORKFORCE DEVELOPMENT SERVICES - WEST HARLEM DEVELOPMENT STRATEGICALLY COLLABORATES WITH WORKFORCE PARTNERS TO OFFER VALUABLE TRAINING WORKSHOPS TO WEST HARLEM RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zead Ramadan Executive Director | Officer | 40 | $117,798 |
Armond Adams Vice Chair | OfficerTrustee | 5 | $0 |
Milton A Tingling Board Chair | OfficerTrustee | 5 | $0 |
Darlene Bruce ESQ Treasurer | OfficerTrustee | 5 | $0 |
Gregory Watson Secretary | OfficerTrustee | 1 | $0 |
Marianne Spraggins ESQ Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $558,687 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $577,806 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,156,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,019,189 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $144,279 |
| Compensation of current officers, directors, key employees. | $57,711 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $677,443 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $121,918 |
| Payroll taxes | $78,177 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,643 |
| Fees for services: Accounting | $47,260 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $258,174 |
| Advertising and promotion | $0 |
| Office expenses | $13,551 |
| Information technology | $7,000 |
| Royalties | $0 |
| Occupancy | $154,577 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,162 |
| All other expenses | $469 |
| Total functional expenses | $3,591,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,891 |
| Savings and temporary cash investments | $582,360 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,571,657 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,750,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,780 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $35,878,703 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $262,364 |
| Total assets | $61,321,755 |
| Accounts payable and accrued expenses | $121,569 |
| Grants payable | $784,388 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $905,957 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $60,415,798 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $61,321,755 |
Grants Awarded
Over the last fiscal year, West Harlem Development Corporation has awarded $1,482,527 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
THE CHILDREN'S ART CARNIVAL PURPOSE: TO SUPPORT THE NEW NORMAL PROJECT IN PROVIDING LOCAL MCD9 ARTISTS WITH AN OPPORTUNITY TO GAIN THE SKILLS, INFORMATION, ADVISORY AND PROGRAM ASSISTANCE NEEDED TO NAVIGATE THE SHIFTING LANDSCAPE RESULTING FROM THE COVID 19 CRISIS. | $50,000 |
FRIENDS OF MORNINGSIDE PARK PURPOSE: TO SUPPORT HARLEM YOUTH GARDENERS AND CARETAKERS IN EMPLOYING 10 MCD9 RESIDENT YOUTHS AGES 14 24 DURING THE SUMMER 2020. | $50,000 |
BLACKBERRY PRODUCTIONS INC PURPOSE: TO SUPPORT THE PRODUCTION OF MY HARLEM 'TIS OF THEE, WHICH UTILIZES THEATER AS A VEHICLE TO EXPLORE THE IMPACTS OF GENTRIFICATION ON HARLEM. | $40,000 |
New York, NY PURPOSE: TO SUPPORT RENAISSANCE NOW, A 12-WEEK, INTENSIVE ARTS-INTEGRATED WRITING WORKSHOP AT A. PHILIP RANDOLPH HIGH SCHOOL, AND A PUBLIC PERFORMANCE. | $27,500 |
New York, NY PURPOSE: TO CREATE EQUITABLE OPPORTUNITIES FOR YOUNG PEOPLE TO EXPERIENCE SPORT, EXPRESS THEMSELVES AND INSPIRE POSITIVE CHANGE OFF THE FIELD AND OUTSIDE THE CLASSROOM. | $25,000 |
New York, NY PURPOSE: TO SUPPORT ONGOING YOUTH DEVELOPMENT PROGRAMING PROMOTING ACADEMIC SUCCESS, GOOD HEALTH & WELLNESS AND STRONG CHARACTER AND LEADERSHIP SKILLS FOR YOUTH GRADES K-12. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pidc Financing Corp Philadelphia, PA | $6,556,052 | $18,403,713 |
Insitech Inc Warren, NJ | $450,270 | $14,466,949 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |
Delaware County Economic Development Oversight Board Media, PA | $2,255,958 | $10,697,300 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Choose New Jersey Inc Newark, NJ | $7,145,867 | $9,053,939 |
Dauphin County Economic Development Corporation Harrisburg, PA | $8,424,591 | $10,449,757 |
Ben Franklin Technology Partners Of Northeastern Pennsylvania Inc Bethlehem, PA | $58,069,128 | $6,233,285 |
Greater Pittsburgh Convention & Visitors Bureau Inc Pittsburgh, PA | $10,210,665 | $8,196,256 |