The Center for New York City Neighborhoods is a 501(c)(3) nonprofit organization based in New York City, established in 2008 in response to the foreclosure crisis. The organization promotes and protects affordable homeownership in New York so that middle- and working-class families are able to build strong, thriving communities. The Center offers free, high-quality housing services to homeowners throughout New York State, meeting diverse needs through a range of programs and support services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$125.4M
+0.9% YoY
Annual Giving
$2.3M
+2.3% YoY
Grant Count
32
+28.0% YoY
Avg Grant Size
$70K
-20.1% YoY
Mission & Focus Areas
Mission: The Center for NYC Neighborhoods promotes and protects affordable homeownership in New York so that middle- and working-class families can build strong, thriving communities. The organization champions the economic opportunity that homeownership offers low- to moderate-income households and communities.
Primary Focus Areas:
- Affordable homeownership preservation and expansion
- Homeowner stabilization services
- Foreclosure prevention and avoidance
- Housing counseling and financial assistance
- Case management and referral services to legal service providers
The organization operates a wholly-owned CDFI subsidiary, Sustainable Neighborhoods LLC, which serves as the implementing partner for the New York State Homeowner Assistance Fund (NYS HAF), a federally-funded program assisting homeowners at risk of default, foreclosure, or displacement due to financial hardships caused by the COVID-19 pandemic.
Grantmaking
The Center for New York City functions as both a grant recipient and grantmaker. As a grantmaker, the organization's grant-making focuses on Education, Human Services, and Professional Societies & Associations, primarily in New York and New Jersey.
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Geographic Focus
Where this funder awards grants
The Center serves homeowners throughout New York State, with primary focus on New York and New Jersey for grantmaking activities.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $124 million
- Total Revenue: $237 million
- Total Expenses: $235 million
- Total Liabilities: $25.5 million
Most Recent Filing (2024):
- Total Assets: $125,382,376
- Total Giving: $2,252,659
Staffing: The organization employs approximately 117–128 staff members.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $125,382,376 | $124,269,987 | $138,538,594 |
| Revenue | $46,042,150 | $236,755,925 | $299,132,353 |
| Expenses | $36,915,641 | $235,175,982 | $296,619,553 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $54,677 | $213,532 | $59,403 |
| 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
170 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Executive Director & CEO: Ms. Christie Peale
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ADOLFO CARRIN JR | BOARD MEMBER | 1 | — |
| BAABA HALM | BOARD MEMBER | 1 | — |
| CATHLEEN MAHON | BOARD MEMBER | 1 | — |
| COLVIN GRANNUM | TREASURER | 1 | — |
| ERIC EDERLIN | BOARD MEMBER | 1 | — |
| FREDERICK HARRIS | BOARD MEMBER | 1 | — |
| GWEN ROBINSON | BOARD MEMBER | 1 | — |
| HAKIM THOMPSON | BOARD MEMBER | 1 | — |
| JOE WEISBORD | SECRETARY | 1 | — |
| JONATHAN MINTZ | BOARD MEMBER | 1 | — |
| LOUISE CARROLL | BOARD CHAIR | 1 | — |
| MATHEW WAMBUA | BOARD MEMBER | 1 | — |
| MERILYN ROVIRA | BOARD MEMBER | 1 | — |
| SAM MARKS | BOARD MEMBER | 1 | — |
| TANYA JOHNSON-BARNETT | BOARD MEMBER | 1 | — |
| VALERIE WHITE | BOARD MEMBER | 1 | — |
| CHRISTIE PEALE | EXECUTIVE DIRECTOR | 40 | $212,833 |
| NATASHA N PALLAN | CHIEF FINANCIAL OFFICER | 40 | $184,525 |
| BRADEN Z LISTMANN | VP OF PROGRAM DELIVERY | 40 | $137,056 |
| JESSICA WELLS-HASAN | VP OF DEV. AND EXTERNAL AFFAIRS | 40 | $181,913 |
| MIREILLE MARTINEAU | DIRECTOR, HAF | 40 | $135,000 |
| PAMELA BAILEY SAH | CHIEF PROGRAM OFFICER | 40 | $175,147 |
| SARAH A STEVENSON | DIRECTOR OF FINANCE | 40 | $129,448 |
Contact Information
Address: 60 Broad Street, Floor 24/25, Suite 2503, New York, NY 10004-2342
Phone: 646-786-0881
Website: www.cnycn.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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