Women's Housing and Economic Development Corp.

Building a Greater Bronx

aka WHEDco   |   Bronx, NY   |  www.whedco.org

Mission

For more than 25 years, WHEDco has been a leader in creating thriving neighborhoods in the South Bronx. In addition to building beautifully-designed green, affordable homes that serve as a foundation for family stability, WHEDco creates life-changing opportunities for local residents of every age through our research-driven Early Childhood and Youth Education initiatives, which set kids on a path to college; Small Business Development programs, which nurture entrepreneurship and address community needs; Family Support and Counseling services, which connect families to the critical resources they need to succeed; and Arts and Culture programming, which showcases the borough's musical legacy and supports a new generation of artists. Learn more at whedco.org.

Ruling year info

1996

Principal Officer

Mr. Davon Russell

Main address

50 East 168th Street

Bronx, NY 10452 USA

Show more contact info

EIN

11-3099604

NTEE code info

Housing Rehabilitation (L25)

Youth Community Service Clubs (O51)

Neighborhood Center, Settlement House (P28)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

WHEDco works in the poorest urban Congressional District in the country, where half of all children are born into poverty. WHEDco fosters stability for over 40,000 individuals and families each year, connecting them to critical resources and providing pathways to healthy and successful lives.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Housing & Community Development

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, commercial 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.

Population(s) Served
Adults

WHEDco helps women build and grow successful home-based childcare businesses throughout the city, while improving the quality of childcare available to New Yorkers.

Population(s) Served
Adults

WHEDco reaches more than 1,000 students annually through youth education and development programs that provide educational and cultural opportunities, while empowering students to think critically, make smart career choices, and contribute responsibly as leaders in their community.

Population(s) Served
Children and youth

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 families to the kinds of resources we all need to succeed, and provides ongoing support to participants.

Population(s) Served
Adults

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Women's Housing and Economic Development Corporation (WHEDco) is a community development organization founded on the radically simple idea that all people deserve healthy, vibrant communities. We build award-winning, sustainable, affordable homes – but our work is not over when our buildings are complete. WHEDco believes that to be successful, affordable housing must be anchored in strong communities that residents can be proud of. WHEDco's mission is to give the South Bronx access to all the resources that create thriving neighborhoods: from high-quality early education and after-school programs, to fresh, healthy food, cultural programming, and economic opportunity.

To fulfill our mission, we have set in place the following programs and services: Affordable Green Homes: We currently provide homes for 800+ people in two housing developments in the South Bronx, and broke ground on our third and most ambitious development in 2017; Education & Youth Development: Each year, WHEDco fosters high academic achievement for over 3,100 children from infancy to
high school, through our EarlyLearn, Head Start, Home-Based Childcare (HBCC), After School and Teen programs; Community & Economic Development: Each year, WHEDco helps over 500 individuals launch and operate small businesses through our Home-Based Childcare Programs, Bronx CookSpace and Commercial Revitalization initiatives; Family Support & Counseling Services: WHEDco provides a support system to over 3,000 families each year, connecting them to physicians, mental health counselors, nutritionists, public benefits, housing and employment assistance, and emergency food; Bronx Music Heritage Center: Arts and culture give communities a sense of pride. Last year, 5,000 people attended our free and low-cost cultural programming.

For a quarter century, WHEDco has been a leader in fostering thriving neighborhoods and creating lasting economic opportunity in the South Bronx. From our deeply affordable homes to high-quality education services, workforce development initiatives, and arts and culture programming, you can find the footprint of WHEDco's vision for a greater Bronx printed across the borough. To fulfill our mission, we have set in place the following programs and services: Affordable Green Homes: We currently provide homes for 800+ people in two housing developments in the South Bronx, and broke ground on our third and most ambitious development in 2017; Education & Youth Development: Each year, WHEDco fosters high academic achievement for over 3,100 children from infancy to
high school, through our EarlyLearn, Head Start, Home-Based Childcare (HBCC), After School and Teen programs; Community & Economic Development: Each year, WHEDco helps over 500 individuals launch and operate small businesses through our Home-Based Childcare Programs, Bronx CookSpace and Commercial Revitalization initiatives; Family Support & Counseling Services: WHEDco provides a support system to over 3,000 families each year, connecting them to physicians, mental health counselors, nutritionists, public benefits, housing and employment assistance, and emergency food; Bronx Music Heritage Center: Arts and culture give communities a sense of pride. Last year, 5,000 people attended our free and low-cost cultural programming.

WHEDco, under its Founder, Nancy Biberman, pioneered a process of community- and research-driven historic and contextual development, utilizing buildings and land for a mix of purposes in addition to housing: business incubators, retail, childcare, health care, education and performance venues. WHEDco's first programmatic initiatives in its Urban Horizons building – the commercial kitchen business incubator now known as Bronx CookSpace, and a training program for family day care providers now called the Home-Based Childcare Training Institute – were launched after early findings that many women were supporting themselves by preparing and selling food, and caring for children. What began as a small organization with a handful of staff members, serving community members around the Urban Horizons affordable housing development in the South Bronx, is now a robust organization with more than 300 full- and part-time staff members that serves 40,000 individuals and families in three different neighborhoods, with programs that extend across all boroughs of New York City.

Financials

Women's Housing and Economic Development Corp.
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Operations

The people, governance practices, and partners that make the organization tick.

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Women's Housing and Economic Development Corp.

Board of directors
as of 02/22/2022
SOURCE: Self-reported by organization
Board chair

Ms. Linda Field

Real Estate Management & Development Professional

Linda Field

Susan Saegert

CUNY Graduate Center

Nancy Biberman

WHEDco

Pamela Sloan

Aronson Mayefsky & Sloan, LLP

Sara Kay

Bernard and Anne Spitzer Charitable Trust

Scott Martin

Hausfeld Global Litigation Solutions

Roger Gill

Marshall Wace Asset Management

Russell Jackson

Subculture Dining

Sean Simmons

Citi Community Development

Sharmi Sobhan

JPMorgan Chase

Angela Ortiz

Row New York

Dana You

Bernard and Anne Spitzer Charitable Trust

Organizational demographics

SOURCE: Self-reported; last updated 5/13/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

No data

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data