Civic Intelligence

West Side Federation for Senior

EIN 13-2926433 • 501(c)3 • New York, NY

Profile

The mission of the west side federation for senior & supportive housing, inc. Is to develop, manage & provide supportive services in housing for low-income, elderly, disabled and homeless persons.

2345 BroadwayNew York, NY 10024

www.wsfssh.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.47x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

2.01x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

16th percentile

-9.4%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

27th percentile

0.5%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-29%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Assets

Down

$149,012,777

Down $437,530 (-0.3%) from 2023

Liabilities

Up

$72,518,640

Up $1,977,305 (+2.8%) from 2023

Net Assets

Down

$76,494,137

Down $2,414,835 (-3.1%) from 2023

Revenue

Up

$35,281,808

Up $110,377 (+0.3%) from 2023

Expenses

Down

$37,696,643

Down $766,275 (-2.0%) from 2023

Net Income

Up

-$2,414,835

Up $876,652 (+27%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $33,703,545Liabilities 2010: $18,084,523Net Assets 2010: $15,619,0222010Assets 2011: $34,680,479Liabilities 2011: $18,371,431Net Assets 2011: $16,309,0482011Assets 2012: $43,226,323Liabilities 2012: $19,974,826Net Assets 2012: $23,251,4972012Assets 2013: $46,721,056Liabilities 2013: $19,080,749Net Assets 2013: $27,640,3072013Assets 2014: $48,280,536Liabilities 2014: $19,224,574Net Assets 2014: $29,055,9622014Assets 2015: $48,270,079Liabilities 2015: $18,729,137Net Assets 2015: $29,540,9422015Assets 2016: $50,564,898Liabilities 2016: $21,209,346Net Assets 2016: $29,355,5522016Assets 2017: $56,552,394Liabilities 2017: $21,141,360Net Assets 2017: $35,411,0342017Assets 2018: $106,930,485Liabilities 2018: $62,647,027Net Assets 2018: $44,283,4582018Assets 2019: $122,411,046Liabilities 2019: $62,164,015Net Assets 2019: $60,247,0312019Assets 2020: $138,485,239Liabilities 2020: $67,717,288Net Assets 2020: $70,767,9512020Assets 2021: $137,243,036Liabilities 2021: $69,636,436Net Assets 2021: $67,606,6002021Assets 2022: $148,749,426Liabilities 2022: $66,548,967Net Assets 2022: $82,200,4592022Assets 2023: $149,450,307Liabilities 2023: $70,541,335Net Assets 2023: $78,908,9722023Assets 2024: $149,012,777Liabilities 2024: $72,518,640Net Assets 2024: $76,494,1372024

Highlighted filing

2024

Assets$149,012,777
Liabilities$72,518,640
Net Assets$76,494,137

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $16,932,3682010Expenses 2011: $17,912,7032011Expenses 2012: $18,460,3802012Revenue 2013: $22,553,131Expenses 2013: $18,702,587Net Income 2013: $3,850,5442013Revenue 2014: $20,881,340Expenses 2014: $19,638,897Net Income 2014: $1,242,4432014Revenue 2015: $20,487,641Expenses 2015: $20,158,967Net Income 2015: $328,6742015Revenue 2016: $21,494,767Expenses 2016: $21,680,157Net Income 2016: -$185,3902016Revenue 2017: $27,529,147Expenses 2017: $21,300,224Net Income 2017: $6,228,9232017Revenue 2018: $34,653,725Expenses 2018: $25,644,380Net Income 2018: $9,009,3452018Revenue 2019: $43,822,817Expenses 2019: $27,599,970Net Income 2019: $16,222,8472019Revenue 2020: $41,412,403Expenses 2020: $30,706,389Net Income 2020: $10,706,0142020Revenue 2021: $30,364,532Expenses 2021: $33,514,635Net Income 2021: -$3,150,1032021Revenue 2022: $49,426,493Expenses 2022: $34,832,635Net Income 2022: $14,593,8582022Revenue 2023: $35,171,431Expenses 2023: $38,462,918Net Income 2023: -$3,291,4872023Revenue 2024: $35,281,808Expenses 2024: $37,696,643Net Income 2024: -$2,414,8352024

Highlighted filing

2024

Revenue$35,281,808
Expenses$37,696,643
Net Income-$2,414,835

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$149$72.5$76.5$35.3$37.7$2.41
2023Detailed filing. Detailed filing data is available for this year.$149$70.5$78.9$35.2$38.5$3.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$149$66.5$82.2$49.4$34.8$14.6
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$137$69.6$67.6$30.4$33.5$3.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$138$67.7$70.8$41.4$30.7$10.7
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$122$62.2$60.2$43.8$27.6$16.2
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$107$62.6$44.3$34.7$25.6$9.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.6$21.1$35.4$27.5$21.3$6.23
2016Detailed filing. Detailed filing data is available for this year.$50.6$21.2$29.4$21.5$21.7$0.19
2015Detailed filing. Detailed filing data is available for this year.$48.3$18.7$29.5$20.5$20.2$0.33
2014Detailed filing. Detailed filing data is available for this year.$48.3$19.2$29.1$20.9$19.6$1.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$19.1$27.6$22.6$18.7$3.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.2$20.0$23.3$18.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.7$18.4$16.3$17.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.7$18.1$15.6$16.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$35,281,808
Mission and Program Overview

Mission

The mission of the west side federation for senior & supportive housing, inc. Is to develop, manage & provide supportive services in housing for low-income, elderly, disabled and homeless persons.

The mission of the west side federation for senior & supportive housing, inc. Is to develop,(continued) manage & provide supportive services in housing for low-income, elderly, disabled and homeless persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$61,082,322$59,855,920▼ $1,226,402
Savings and Temporary Cash Investments$20,215,559$23,804,207▲ $3,588,648
Pledges and Grants Receivable$8,836,643$10,193,311▲ $1,356,668
Investments Program Related$6,862,639$7,732,020▲ $869,381
Cash and Non-Interest-Bearing Accounts$3,508,695$1,660,645▼ $1,848,050
Accounts Receivable$1,377,961$1,136,542▼ $241,419
Prepaid Expenses and Deferred Charges$391,509$719,693▲ $328,184
Other Notes and Loans Receivable, Net$412,500$362,500▼ $50,000
Total Assets$149,450,307$149,012,777▼ $437,530
Other Assets Total$46,762,479$43,547,939▼ $3,214,540
Liabilities
Mortgage Notes Payable Secured by Investment Property$56,522,306$56,109,190▼ $413,116
Other Liabilities$6,205,369$6,023,505▼ $181,864
Deferred Revenue$3,364,688$5,769,524▲ $2,404,836
Accounts Payable and Accrued Expenses$4,448,972$4,616,421▲ $167,449
Total Liabilities$70,541,335$72,518,640▲ $1,977,305
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$77,623,112$74,312,792▼ $3,310,320
Net Assets With Donor Restrictions$1,285,860$2,181,345▲ $895,485
Total Net Assets Fund Balance$78,908,972$76,494,137▼ $2,414,835
Total Liabilities and Net Assets / Fund Balance$149,450,307$149,012,777▼ $437,530

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$41,829,892$19,557,915$61,387,807
Land$14,198,020-$14,198,020
Leasehold Improvements$2,615,355$1,927,894$4,543,249
Equipment$235,670$2,543,305$2,778,975
Other Land Buildings$976,983$1,761,360$2,738,343
Investment Program Related Org$1,550,097--
Other Assets Org$814,050--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul R FreitagExecutive DirectorFT$239,636$53,667$293,303
Claire HilgerCOO/assist SecretaryFT$192,659$7,302$199,961
Stephanie GreenChief Strategy OfficerFT$133,696$61,928$195,624
Nanda WinTreasurer/CFO (outgoing)FT$126,124$48,477$174,601
Allison ChanemeHuman Resources DirectorFT$160,052$11,962$172,014
Jack HospedalesDirector of Information TechFT$146,632$24,372$171,004
Daniel J DrosinDirector of Property MngmentFT$136,518$34,296$170,814
Steven DemarcoSocial Service- AssociateFT$136,334$30,326$166,660
Ria DemarcoSocial Service- AssociateFT$143,435$19,892$163,327

Board Members and Trustees

NameTitle
Sheldon J FinePresident
Father John DuffellVice President
Abby Jo SigelDirector
Charles a GatewoodDirector
HEDWIG O'HARADirector
Lynn WishartDirector
Pierre DowningDirector
Tito EscobarDirector
Deepak BhutaniCFO (incoming )

Highest Paid Contractors

ContractorServicesLocationCompensation
Shakespeare Gordon Vlado Architects PllcArchitect Service168 7TH STREET SUITE 316, Brooklyn, NY 11215$808,021
Janian Medical CareMedical Services198 EAST 121ST STREET 5TH FLOOR, New York, NY 10035$366,687
Cbiz Marks PanethAccounting Services685 3RD AVE, New York, NY 10017$203,390
Kellner Herlihy GettyLegal Services470 PARK AVE 7N, New York, NY 10016$109,138
Axle Pm ConsultingllcHr Consultant6000 METROWEST BLVD SUITE 200, Orlando, FL 32835$106,886
Revenue and Support

Revenue Composition

Contributions and Grants
$22,037,622
Program Service Revenue
$11,943,345
Investment Income
$1,185,087
Other Revenue
$115,754
All Other Contributions
$1,625,788
Change in Net Assets
$-2,414,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,281,808
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$32,748,891
Total Revenue per Audited Statements
$68,030,699
Total Revenue per Form 990
$35,281,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$24,193,496
Other Expenses$13,503,147
Total Fundraising Expense$69,255
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,507,307$4,738,154$36,782$18,282,243
Other Employee Benefits$2,302,482$750,187$7,201$3,059,870
Occupancy$2,147,418$121,594-$2,269,012
Depreciation Depletion$2,162,769$20,700-$2,183,469
Payroll Taxes$1,191,195$426,576$4,725$1,622,496
All Other Expenses$1,426,544$82,753-$1,509,297
Interest$1,455,115--$1,455,115
Current Officers, Directors, Trustees, and Key Employees$43,453$849,793$17,808$911,054
Office Expenses$478,108$277,633$2,205$757,946
Insurance$723,549$31,551-$755,100
Other Expenses$445,543$141,151-$586,694
Information Technology$244,922$327,511-$572,433
Fees for Services Management$392,310--$392,310
Pension Plan Contributions$249,930$67,369$534$317,833
Fees for Services Legal$111,175$106,270-$217,445
Fees for Services Accounting$34,900$145,777-$180,677
Conferences and Meetings$50,894$16,118-$67,012
Travel$37,656$3,962-$41,618
Total Functional Expenses$29,444,208$8,183,180$69,255$37,696,643

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$77,171,788
Expenses Not Reported on Form 990$40,304,389
Total Expenses per Form 990$37,696,643
Expenses per Audited Statements$36,867,399
Expenses Not Reported on Financial Statements$829,244
Other Expense Adjustments$829,244
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest Expense$3,229,843
Lease Liability$1,488,496
Due to Residents$811,872
Tenants Security Deposits$493,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an independent accountant and reviewed by management. Form 990 is then distributed to the board of directors for their review and approval prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The conflict-of-interest statements are distributed to officers & board members for completion annually. All statements are reviewed by the board and maintained by the vice-president.

Form 990, Part VI, Section B, Line 15

The compensation committee determines the compensation of the executive director and reviews the compensation of other officers on an annual basis. Comparative data is used to make sure that compensation is not greater than market rate for similar positions.

Form 990, Part VI, Section C, Line 19

The organization makes the following governance documents available for public inspection upon request: articles of incorporation by-laws irs determination letter conflict of interest policy audited consolidated financial statements form 990

Filing and Contact Details

Filer

Filer Name
West Side Federation for Senior and
EIN
13-2926433
Phone
2127216032
Address
2345 BROADWAY, NEW YORK, NY 10024

Signing Officer

Name
Paul R Freitag
Title
Executive Director
Phone
2127216032
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul R Freitag
Formed
1977
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
502
Volunteers
32

Preparer

Firm
Cbiz Advisors LLC
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is subject to the provisions of u.s. Gaap, as it relates to accounting and reporting for uncertainty in income taxes. For the organization, these provisions could be applicable to the incurrence of unrelated business income tax ("ubit") attributable to income received from parking garages. Because of the organization's general tax-exempt status, management believes asc topic 740 has not had, and is not expected to have, a material impact on the organization's consolidated financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Related entities' revenue 39,275,877. Consolidating eliminations -5,697,742. Vacancy loss -829,244.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Related entities' expenses 44,188,544. Consolidating eliminations -3,884,155.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

VACANCY LOSS 829,244.

Raw XML AppendixShowing 400 of 1,403 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt01136542
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF THE WEST SIDE FEDERATION FOR SENIOR & SUPPORTIVE HOUSING, INC. IS TO DEVELOP,(CONTINUED) MANAGE & PROVIDE SUPPORTIVE SERVICES IN HOUSING FOR LOW-INCOME, ELDERLY, DISABLED AND HOMELESS PERSONS.
IRS990/AllOtherContributionsAmt01625788
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1JANIAN MEDICAL CARE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2CBIZ MARKS PANETH
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IRS990/DepreciationDepletionGrp/TotalAmt02183469
IRS990/Desc0SOCIAL SERVICES AND RESIDENTIAL CARE- WSFSSH MAKES SUPPORTIVE SOCIAL SERVICES AVAILABLE TO ALL RESIDENTS IN ITS BUILDINGS. THESE RESIDENTS INCLUDE INDEPENDENT SENIORS, FRAIL ELDERLY INDIVIDUALS,OLDER PERSONS LIVING WITH SERIOUS MENTAL ILLNESSES, HOMELESS INDIVIDUALS, SINGLE OLDER PERSONS, PERSONS LIVING WITH PHYSICALLY HANDICAPPING CONDITIONS, GRANDPARENTS RAISING THEIR GRANDCHILDREN, AND FAMILIES. ON-SITE SERVICES ARE PROVIDED BY A PROFESSIONAL STAFF THAT INCLUDES 60 MSWS AND LMSWS AND 127 ADDITIONAL SOCIAL SERVICE STAFF. SERVICES INCLUDE CASE MANAGEMENT, ADMINISTRATION OF MEDICATION, PERSONAL CARE, HOUSEKEEPING, NUTRITION COUNSELING, MENTAL HEALTH COUNSELING AND REFERRAL, AND RECREATIONAL ACTIVITIES. IN FOUR OF ITS BUILDINGS WSFSSH PROVIDES FULL CONGREGATE SERVICES INCLUDING THREE MEALS A DAY, SEVEN DAYS A WEEK.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13HUMAN RESOURCES DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIR OF INFORMATION TECH
IRS990/Form990PartVIISectionAGrp/TitleTxt15SOCIAL SERVICE- ASSOCIATE
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF STRATEGY OFFICER
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