New York Mortgage Coalition Inc
New York Mortgage Coalition Inc. (NYMC) is a public charity based in New York, NY. It is a nonprofit collaboration of financial institutions and community housing agencies that works to expand responsible, sustainable homeownership for minority and low- and moderate-income individuals and families in New York City’s five boroughs and nearby counties.
New York Mortgage Coalition Inc at a glance
In short: New York Mortgage Coalition Inc gave $555K across 14 grants in 2024 (avg $40K), mostly in New York. 0% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $554,500
- -35.4% vs 2023
- Grants made (2024)
- 14
- -30.0% vs 2023
- Average grant
- $39,607
- -7.7% vs 2023
- Median grant
- $36,478
- Total assets
- $2,216,599
- -18.2% vs 2023
- New grantees (estimate)
- 0% first-time grantees (0 of 14, 2024; small sample)
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to New York Mortgage Coalition Inc
- Contact
Mailing address: 14 Wall Street 20Th Fl, New York, NY 10005
Phone: (212) 742-0762
Website: https://nymc.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who New York Mortgage Coalition Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Neighbors Helping Neighbors ($85K). Together the top 10 received $473K.
Grant Size Distribution
89 grants across all recorded years
The most common grant size was under $50K: 62 grants of 89 (70%).
Geographic Focus
Where this funder awards grants
NYMC’s stated service area includes New York City’s five boroughs and Nassau, Suffolk, Dutchess, Orange, Rockland, and Westchester counties. Its 2024 reported grants were entirely to recipients in New York State.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
States
Cities
Is New York Mortgage Coalition Inc open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 14 grantees (0%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−6%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $555K (2024) to $1.1M (2022). In 2024 it made 14 grants totaling $555K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Neighbors Helping Neighbors Brooklyn, NY | Financial and Hsg Counseling & Tech | $84,586 |
| Harlem Congregation New York, NY | Financial and Hsg Counseling & Tech | $78,547 |
| AAFE Community Devel Fund New York, NY | Counseling Services | $45,000 |
| Long Island Housing Hauppauge, NY | Financial Counseling & Technology | $45,000 |
| Affordable Housing Albany, NY | Housing COUNSELING | $42,825 |
| MHANY Management Inc Brooklyn, NY | Housing COUNSELING | $40,073 |
| Better Neighborhoods Inc Schenectady, NY | Housing COUNSELING | $36,651 |
| Neighborhood Housing Services Jamaica, NY | Housing COUNSELING | $36,305 |
| Northfield Community LDC Staten Island, NY | Housing Counseling & Technology | $34,460 |
| Chhaya CDC Jackson Heights, NY | Financial Counseling & Technology | $30,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,216,599 | $1,096,646 | $1,074,434 | $554,500 | 14 | $85,754 |
| 2023 | $2,710,952 | $1,375,096 | $1,423,698 | $858,668 | 20 | $68,835 |
| 2022 | $3,107,511 | $1,655,826 | $1,719,692 | $1,112,531 | 24 | $12,290 |
| 2021 | $2,919,874 | $1,089,367 | $1,191,608 | $592,823 | 16 | $1,717 |
| 2020 | $2,530,347 | $979,679 | $1,014,993 | $614,804 | 15 | $24,261 |
| 2019 | $2,480,663 | $872,846 | $1,135,221 | $624,298 | 16 | $40,286 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
NYMC’s stated mission is to expand opportunities for responsible and sustainable homeownership for minority and low- and moderate-income families in New York City and the surrounding counties of Nassau, Suffolk, Dutchess, Orange, Rockland, and Westchester. It supports member agencies that provide pre-purchase counseling, post-purchase education, financial literacy, and foreclosure-prevention services. Its filing says clients seeking a homeownership certificate must complete at least eight hours of education: six hours in a classroom and two hours of individual counseling. NYMC also reports that two out of three clients enrolled in its one-on-one counseling program become mortgage-ready within six to twelve months.
The 2024 grants include support for housing counseling, financial counseling, and technology. Grantees’ stated missions illustrate the types of organizations supported: Neighbors Helping Neighbors says it promotes racial justice while helping low- and moderate-income New Yorkers secure and maintain quality housing and build financial assets; MHANY Management says it provides relief to people who are poor, distressed, or underprivileged; and Arbor Housing and Development describes its work as building independence and creating housing options, including residential behavioral health and domestic-violence victim support services.
Grantmaking
In filing year 2024, NYMC reported 14 grants totaling $554,500. Grant amounts ranged from $12,325 to $84,586, with a median grant of $36,478. All reported grant dollars went to recipients in New York State.
Among the largest reported grants were $84,586 to Neighbors Helping Neighbors for financial and housing counseling and technology; $78,547 to Harlem Congregation for the same purpose; $45,000 to AAFE Community Devel Fund for counseling services; and $45,000 to Long Island Housing for financial counseling and technology. Other grants included $42,825 to Affordable Housing for housing counseling, $40,073 to MHANY Management Inc for housing counseling, and $36,305 to Neighborhood Housing Services for housing counseling.
NYMC’s filing says member agencies must submit a signed affiliate agreement before grant funds are disbursed each year. Grant recipients must submit monthly performance reports describing activities, including counseling and loan volume; agencies that do not meet reporting requirements are subject to review.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Carolyn Rebecca Senn as Executive Director and Kim Allman as Interim Executive Director. Listed board members and officers are Deborah Johnson, President; Marie Pedraza, Vice President; Donald Tom, Treasurer; Domenico Ciaccio, Secretary; Ruth Burgos; Bernadette M. Mueller; Rev. Dr. Charles Butler; and Lynn R. Ally.
New York Mortgage Coalition Inc is led by Carolyn Rebecca Senn, Executive Director on every filing since 2019; 2 of 19 officers listed in 2024 are compensated.
Officers on the 2024 filing
Carolyn Rebecca Senn
Executive Director
On filings since 2019
40 hrs/week
$95K (2019) → $119K (2024)
Deborah L Johnson
Board President
President → Board President, 2024
On filings since 2019
5 hrs/week
No compensation reported
Kim Allman
Interim Exe.dir
New on the 2024 filing
40 hrs/week
$10K (2024)
Bernadette M Mueller
Member
On filings since 2019
1 hr/week
No compensation reported
Charles Butler
Member
On filings since 2019
1 hr/week
No compensation reported
Donald E Tom
Treasurer
On filings since 2019
5 hrs/week
No compensation reported
Marie Pedraza
Vice President
On filings since 2019
5 hrs/week
No compensation reported
Michael Esposito
Member
On filings since 2019
1 hr/week
No compensation reported
Peter Elkowitz
Member
Member → Secretary, 2022
Secretary → Member, 2023
On filings since 2019
1 hr/week
No compensation reported
Domenico Ciaccio
Secretary
Member → Secretary, 2024
On filings since 2021
1 hr/week
No compensation reported
Lynn R Ally
Member
On filings since 2021
1 hr/week
No compensation reported
Elaine Dovas
Member
On filings since 2022
1 hr/week
No compensation reported
Mariely Moronta- Sanchez
Member
On filings since 2022
1 hr/week
No compensation reported
Martha Abrams
Member
On filings since 2022
1 hr/week
No compensation reported
Nia Rock
Member
On filings since 2022
1 hr/week
No compensation reported
Patricia Strong
Member
On filings since 2022
1 hr/week
No compensation reported
Mina Minelli
Member
On filings since 2023
1 hr/week
No compensation reported
Reinaldo Perez
Member
On filings since 2023
1 hr/week
No compensation reported
Ruth Burgos
Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (16)
- Former: Mark Castle (2019–2023) — Member
- Former: Dwayne Wright (2022–2023) — Member
- Former: Yangchen Chadotsang (2022–2023) — Secretary
- Former: Barbara A Kelly (2019–2021) — Member
- Former: Janine Ranski (2019–2021) — Secretary
- Former: Mariadele Priest (2019–2021) — Member
- Former: Mark Wenitzky (2019–2021) — Member
- Former: Rosemarie Noonan (2019–2021) — Member
- Former: Erica Buckley (2021) — Member
- Former: Steven Flax (2021) — Member
- Former: Erica Buckely (2019–2020) — Member
- Former: Jonathan Vazcones (2019–2020) — Member
- Former: Dwayne Jones (2020) — Member
- Former: Amy Flores (2019) — Member
- Former: Anie Akpe-Lewis (2019) — Member
- Former: Naima Oyo (2019) — Member
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $119K, to Carolyn Rebecca Senn (Executive Dir.). 2 officers or directors reported compensation on that filing.
Frequently asked questions about New York Mortgage Coalition Inc
How much does New York Mortgage Coalition Inc give each year?
New York Mortgage Coalition Inc gave $555K across 14 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $859K across 20 grants.
What is New York Mortgage Coalition Inc's typical grant size?
New York Mortgage Coalition Inc's median grant in 2024 was $36,478, and its average grant was $39,607, across 14 grants on its 2024 IRS Form 990.
Where does New York Mortgage Coalition Inc give grants?
New York Mortgage Coalition Inc gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Brooklyn, NY (3 grants) and New York, NY (2 grants).
Does New York Mortgage Coalition Inc give general operating support?
Not in 2024: none of the 14 grants with a stated purpose on New York Mortgage Coalition Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Housing COUNSELING" (7 grants) and "Financial Counseling & Technology" (3 grants).
Who are New York Mortgage Coalition Inc's largest grantees?
New York Mortgage Coalition Inc's largest 2024 grantees include Neighbors Helping Neighbors ($84,586), Harlem Congregation ($78,547) and AAFE Community Devel Fund ($45,000), according to its 2024 IRS Form 990. Together they received 38% of its itemized 2024 grant dollars.
How large is New York Mortgage Coalition Inc?
New York Mortgage Coalition Inc reported $2.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.1M.
What does New York Mortgage Coalition Inc fund?
NYMC’s stated mission is to expand opportunities for responsible and sustainable homeownership for minority and low- and moderate-income families in New York City and the surrounding counties of Nassau, Suffolk, Dutchess, Orange, Rockland, and Westchester. See mission & focus areas ↑
How do I apply for a grant from New York Mortgage Coalition Inc?
New York Mortgage Coalition Inc has no public application process in the sources Grantable reviewed. Check nymc.org for current guidelines, or contact the foundation directly before submitting a request.
What is New York Mortgage Coalition Inc's EIN?
New York Mortgage Coalition Inc's EIN (Employer Identification Number) is 30-0021150. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS March 26, 2021)
- Updated Form 990 for fiscal year 2020 (received by the IRS December 20, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 5, 2025)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 5, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in New York Mortgage Coalition Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). New York Mortgage Coalition Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/new-york-mortgage-coalition-inc-morg_da2c74f9830142b6bfd3fd45deca1ecd
BibTeX
@misc{grantable_300021150_2026,
author = {{Grantable}},
title = {{New York Mortgage Coalition Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/new-york-mortgage-coalition-inc-morg_da2c74f9830142b6bfd3fd45deca1ecd},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from New York Mortgage Coalition Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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