2025-11-05T11:51:11-08:00 2023-12-31 810926770 NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS 40 WALL ST 32ND FL NEW YORK NY 10005 990 2023-01-01 300021150 NEW YORK MORTGAGE COALITION INC NEWY 2127420762 14 WALL STREET 20TH FL NEW YORK NY 10005 Deborah Johnson President 2025-11-05 true true NINA BAHAZHEVSKA P00468170 2127850100 2023 2025-03-06 01:10:19Z X Deborah Johnson 14 WALL STREET 20TH FL NEW YORK NY 10005 3392930 false X WWW.NYMC.ORG X 2001 NY EXPANDING HOMEOWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES. 19 19 4 19 0 1624535 1298475 18986 7770 12290 68835 15 16 1655826 1375096 1114384 863620 0 386980 375139 0 10087 218328 184939 1719692 1423698 -63866 -48602 3107511 2710952 1254442 887941 1853069 1823011 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. false false 1296225 863620 7770 HOUSING COUNSELING PROGRAM: NYMC HOUSING COUNSELING AGENCIES PROVIDE HOUSING COUNSELING SERVICES. CLIENTS WHO RECEIVE A HOMEOWNERSHIP CERTIFICATE OF COMPLETION MUST COMPLETE A MINIMUM OF 8 HOURS OF EDUCATION; 6 HOURS IN A CLASSROOM SETTING AND 2 HOURS OF ONE-ON-ONE COUNSELING WITH A HOMEOWNERSHIP COUNSELOR. 2 OUT OF 3 CLIENTS ENROLLED IN NYMC'S ONE-ON-ONE COUNSELING PROGRAM BECOME MORTGAGE-READY WITHIN 6 TO 12 MONTHS. SINCE INCEPTION, NYMC HAS PROVIDED HOMEOWNERSHIP COUNSELING TO MORE THAN 30,000 LOW TO MIDDLE INCOME FAMILIES AND HELPED ORIGINATE OVER $1 BILLION IN AFFORDABLE FIRST-HOME MORTGAGES. 1296225 true true false false false false false false false false true false false false true true false false false false false false false false true false false true false true false false false false false false false false false false false false false false false false false true 1 0 true 4 true false false false false false true true false 0 false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true false false NY X Deborah Johnson 2127420762 14 WALL STREET 20TH FL NEW YORK NY 10005 CAROLYN REBECCA SENN Executive Dir. 40.00 0.00 X 154153 0 12683 Deborah Johnson President 5.00 0.00 X X 0 0 0 Marie Pedraza Vice President 5.00 0.00 X X 0 0 0 Donald Tom Treasurer 5.00 0.00 X X 0 0 0 Yangchen Chadotsang Secretary 5.00 0.00 X X 0 0 0 Bernadette M Mueller Member 1.00 0.00 X 0 0 0 Rev Dr Charles Butler Member 1.00 0.00 X 0 0 0 Domenico Ciaccio Member 1.00 0.00 X 0 0 0 Lynn R Ally Member 1.00 0.00 X 0 0 0 Mark Castle Member 1.00 0.00 X 0 0 0 Michael Esposito Member 1.00 0.00 X 0 0 0 Peter Elkowitz Member 1.00 0.00 X 0 0 0 Martha Abrams Member 1.00 0.00 X 0 0 0 Reinaldo Perez Member 1.00 0.00 X 0 0 0 Patricia Strong Member 1.00 0.00 X 0 0 0 Elaine Dovas Member 1.00 0.00 X 0 0 0 Dwayne Wright Member 1.00 0.00 X 0 0 0 Mina Minelli Member 1.00 0.00 X 0 0 0 Nia Rock Member 1.00 0.00 X 0 0 0 Mariely Moronta- Sanchez Member 1.00 0.00 X 0 0 0 154153 12683 1 false true false 0 513500 42033 742942 1298475 PROGRAM INCOME 561000 7770 7770 7770 73996 73996 0 0 0 1995202 2000363 -5161 -5161 -5161 17471 42033 17471 0 0 0 MISCELLANEOUS INCOME 453000 16 16 16 1375096 7786 68835 863620 863620 0 0 0 178961 134623 35470 8868 0 148214 138393 9821 428 95 279 54 14662 13225 1311 126 32874 27502 4503 869 0 0 17800 17800 0 0 1132 1132 132226 93675 38551 0 7093 5388 1535 170 0 0 5225 4441 784 2485 1201 1284 0 0 0 0 1671 1420 251 5092 2850 2242 Training 4697 4697 Memberships and subscription 4200 3570 630 Other expense 3318 1525 1793 0 1423698 1296225 117386 10087 575095 238821 0 568005 623079 215070 22063 0 0 0 0 8208 5686 16023 11656 2850 4367 1738283 1816936 0 0 0 0 3107511 2710952 63640 84368 690051 582268 403751 162805 97000 58500 1254442 887941 X 1738069 1783011 115000 40000 1853069 1823011 3107511 2710952 -48602 18544 X X false true X true false X 809014 929208 1057021 1624535 1298475 5718253 0 0 809014 929208 1057021 1624535 1298475 5718253 1090719 4627534 40286 24261 1717 21109 73996 161369 0 33 5 17 15 16 86 5879708 18056 0.78700 0.77330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16023 11656 4367 4367 Due to counseling groups 58500 58500 X 1392508 18544 18544 1373964 1132 1132 1375096 1422566 1422566 1132 1132 1423698 Part X : FIN48 Footnote NYMC IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NYMC HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND STATE JURISDICTIONS WHERE IT OPERATES. NYMC DOES NOT ANTICIPATE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2020 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. X false 59504 42033 17471 11750 5721 59504 42033 17471 11750 5721 17471 true AAFE Community Devel Fund 2 Allen Street 7th Floor New York NY 10002 134103352 501(c)(3) 45000 0 Financial Counseling & Technology Affordable Housing 255 Orange Street Albany NY 12210 141724900 501(c)(3) 72459 0 Housing COUNSELING American Debt Resources Inc 384 Larkfield Rd East Northport NY 11731 113603198 501(c)(3) 27300 0 Counseling Services Arbor Housing and Development 26 Bridge Street Corning NY 14830 161166737 501(c)(3) 30773 0 Housing COUNSELING Belmont Housing Resources for WNY 2393 Main Street Buffalo NY 14214 161080227 501(c)(3) 12800 0 Counseling Services Better Neighborhoods Inc 120 Emmons Strreet Room 121 Schenectady NY 12304 141504550 501(c)(3) 29836 0 Housing COUNSELING CAMBA Legal Services 20 Snyder Ave Brooklyn NY 11226 113153831 501(c)(3) 17550 0 Counseling Services Central Islip Civic Council 68 Wheeler Road Central Islip NY 11722 112739993 501(c)(3) 47227 0 Housing COUNSELING Chhaya CDC 37-43 77th Street 2nd Floor Jackson Heights NY 11372 113580935 501(c)(3) 10000 0 Financial Counseling & Technology Harlem Congregation 256 West 153rd Street New York NY 10039 133516262 501(c)(3) 113247 0 Financial and Hsg Counseling & Tech Housing and Family Services 415 albemarle road Brooklyn NY 11218 112412584 501(c)(3) 56100 0 Financial and Hsg Counseling & Tech Impacct Brooklyn 1000 Dean Street Brooklyn NY 11238 112451752 501(c)(3) 31100 0 Financial Counseling & Technology Long Island Housing Partnership 180 Oser Avenue Hauppauge NY 11788 112889068 501(c)(3) 45000 0 Financial Counseling & Technology MHANY Management Inc 1 MetroTech Center N 11 Fl Brooklyn NY 11201 721303737 501(c)(3) 71081 0 Housing COUNSELING Neighborhood Housing Services of Jamaica 89-70 162nd Street Jamaica NY 11432 237398279 501(c)(3) 40907 0 Housing COUNSELING Neighbors Helping Neighbors 621 Degraw Street Brooklyn NY 11217 113059958 501(c)(3) 98457 0 NHS Brooklyn CDC Inc 2806 Church Avenue Brooklyn NY 11226 471169779 501(c)(3) 22500 0 Counseling Services NHS of Brooklyn CDC Inc Bed Stuy 1012 Gates Ave Brooklyn NY 11221 471717438 501(c)(3) 20550 0 Counseling Services Northfield Community Local De 160 Heberton Ave Staten Island NY 10302 132974137 501(c)(3) 57833 0 The Preservation Company 1037 Main Street Peekskill NY 10566 133352053 501(c)(3) 8948 0 20 0 Additional Supplemental Information PART I, LINE 2:NYMC REQUIRES ALL MEMBER AGENCIES TO SUBMIT A SIGNED AFFILIATE AGREEMENT PRIOR TO DISBURSEMENT OF GRANT FUNDS EACH YEAR. GRANT RECIPIENTS ARE FURTHER REQUIRED TO SUBMIT MONTHLY PERFORMANCE REPORTS THAT DESCRIBE SPECIFIC ACTIVITIES, INCLUDING COUNSELING AND LOAN VOLUME. AGENCIES THAT DO NOT ADHERE TO REPORTING REQUIREMENTS ARE SUBJECT TO REVIEW. X false false false false false false false false false CAROLYN REBECCA SENN Executive Dir. 154153 1610 11073 166836 Form 990, Part VI, Section B, Line 11b BOARD MEMBERS ARE GIVEN THE FINAL FORM 990 ONCE IT IS COMPLETED AND FILED WITH THE IRS. THESE ARE AVAILABLE UPON REQUEST, AND DISTRIBUTED AT BOARD MEETINGS. Form 990, Part VI, Section B, Line 12c ON AN ANNUAL BASIS, EACH DIRECTOR IS REQUIRED TO COMPLETE A DIRECTOR DISCLOSURE STATEMENT. Form 990, Part VI, Section B, Line 15a THE ORGANIZATION COLLECTS COMPARATIVE DATA OF APPROPRIATE SALARY FOR THE EXECUTIVE DIRECTOR POSITION AND SHARES IT WITH BOARD MEMBERS. THE BOARD REVIEWS AND APPROVES THE CURRENT SALARY OF THE EXECUTIVE DIRECTOR. Form 990, Part VI, Section C, Line 19 INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, Line 2c NYMC HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS.