THE NEW YORK MORTGAGE COALITION (NYMC) IS A NONPROFIT COLLABORATION OF FINANCIAL INSTITUTIONS AND COMMUNITY HOUSING AGENCIES FOCUSED ON EXPANDING THE OPPORTUNITY FOR RESPONSIBLE AND SUSTAINABLE HOMEOWNERSHIP TO MINORITY, AND LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES IN FIVE BOROUGHS OF NEW YORK, AS WELL AS THE SURROUNDING COUNTIES OF NASSAU, SUFFOLK, DUTCHESS, ORANGE, ROCKLAND, AND WESTCHESTER.NYMC SUPPORTS ITS NEIGHBORHOOD-BASED NONPROFIT MEMBERS IN THEIR PRE-PURCHASE COUNSELING, POST-PURCHASE EDUCATION, AND FINANCIAL LITERACY PROGRAMS. COALITION MEMBERS PROVIDE THE PUBLIC WITH ACCESS TO THE TOOLS TO ACHIEVE THE DREAM OF HOMEOWNERSHIP INCLUDING INFORMATION ON COMPETITIVE, FIXED-RATE LOANS, CLOSING COST GRANTS, AND DOWN PAYMENTS ASSISTANCE. NYMC ALSO SUPPORTS ITS MEMBER AGENCIES WHO PLAY A LEADING ROLE IN PRESERVING HOMEOWNERSHIP OFFERING INFORMATIONAL WORKSHOPS AND ONE-ON-ONE COUNSELING TO TROUBLED HOMEOWNERS THROUGH FORCLOSURE PREVENTION PROGRAM.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.2M
-17.8% YoY
Annual Giving
$555K
-47.7% YoY
Grant Count
14
-39.1% YoY
Avg Grant Size
$40K
-14.1% YoY
About New York Mortgage Coalition Inc
Based on IRS filings
New York Mortgage Coalition Inc is a nonprofit organization focused on Housing & Shelter, based in NEW YORK, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 14 grants totaling $555K. Net investment income was $86K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,216,599 | $2,695,946 | $3,107,511 |
| Revenue | $1,096,646 | $1,581,033 | $1,455,744 |
| Expenses | $1,074,434 | $1,629,635 | $1,476,349 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $85,754 | $68,835 | $12,290 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
94 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Neighbors Helping Neighbors ($84,586), Harlem Congregation ($78,547), AAFE Community Devel Fund ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AAFE Community Devel Fund New York, NY | Counseling Services | $45,000 |
| Affordable Housing Albany, NY | Housing COUNSELING | $42,825 |
| Arbor Housing and Development Corning, NY | Housing COUNSELING | $26,007 |
| Better Neighborhoods Inc Schenectady, NY | Housing COUNSELING | $36,651 |
| Central Islip Civic Council Central Islip, NY | Housing COUNSELING | $12,325 |
| Chhaya CDC Jackson Heights, NY | Financial Counseling & Technology | $30,000 |
| Harlem Congregation New York, NY | Financial and Hsg Counseling & Tech | $78,547 |
| Impacct Brooklyn Brooklyn, NY | Financial Counseling & Technology | $30,000 |
| Long Island Housing Hauppauge, NY | Financial Counseling & Technology | $45,000 |
| MHANY Management Inc Brooklyn, NY | Housing COUNSELING | $40,073 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLYN REBECCA SENN | Executive Dir. | 40 | $119,082 |
| KIM ALLMAN | Interim Exe.Dir | 40 | $10,330 |
| Deborah Johnson | Board President | 5 | — |
| Marie Pedraza | Vice President | 5 | — |
| Donald Tom | Treasurer | 5 | — |
| Ruth Burgos | Member | 1 | — |
| Bernadette M Mueller | Member | 1 | — |
| Rev Dr Charles Butler | Member | 1 | — |
| Domenico Ciaccio | Secretary | 1 | — |
| Lynn R Ally | Member | 1 | — |
| Michael Esposito | Member | 1 | — |
| Peter Elkowitz | Member | 1 | — |
| Martha Abrams | Member | 1 | — |
| Reinaldo Perez | Member | 1 | — |
| Patricia Strong | Member | 1 | — |
| Elaine Dovas | Member | 1 | — |
| Mina Minelli | Member | 1 | — |
| Nia Rock | Member | 1 | — |
| Mariely Moronta- Sanchez | Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New York Mortgage Coalition Inc?
New York Mortgage Coalition Inc is a nonprofit organization focused on Housing & Shelter, based in NEW YORK, NY. It holds $2.2M in total assets as of 2024.
How large is New York Mortgage Coalition Inc?
As of 2024, New York Mortgage Coalition Inc holds $2.2M in total assets with $1.1M in annual revenue. It awarded 14 grants totaling $555K in 2024.
Where does New York Mortgage Coalition Inc operate?
New York Mortgage Coalition Inc has awarded grants in Connecticut, New York.
What size grants does New York Mortgage Coalition Inc award?
In 2024, New York Mortgage Coalition Inc awarded 14 grants totaling $555K — an average of about $40K per grant, based on its IRS Form 990 filings.
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.
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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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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