2025-11-05T11:50:02-08:00 2022-12-31 NCHENG LLP CERTIFIED PUBLIC ACCOUNTANTS 40 WALL ST 32ND FL NEW YORK NY 10005 990 2022-01-01 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 Kwabina Appiah P02057318 2127850100 2022 2025-03-06 01:10:19Z X Deborah Johnson 14 WALL STREET 20TH FL NEW YORK NY 10005 3456686 false X WWW.NYMC.ORG X 2001 NY EXPANDING HOMEOWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES. 17 17 5 17 0 1057021 1624535 30612 18986 1717 12290 17 15 1089367 1655826 609823 1114384 0 291594 386980 0 8207 290191 218328 1191608 1719692 -102241 -63866 2919874 3107511 988524 1254442 1931350 1853069 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 1627191 1114384 18986 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. 1627191 true true false false false false false false false false true false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 3 0 true 5 true false false false false false false false 0 false false false false false false false X 17 17 false false false false false false false true true false false true true true true true true true false false NY X CAROLYN REBECCA SENN 2127420762 14 WALL STREET 20TH FL NEW YORK NY 10005 CAROLYN REBECCA SENN Executive Dir. 40.00 0.00 X 151250 0 12090 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 2.00 0.00 X 0 0 0 Rev Dr Charles Butler Member 2.00 0.00 X 0 0 0 Domenico Ciaccio Member 2.00 0.00 X 0 0 0 Lynn R Ally Member 2.00 0.00 X 0 0 0 Mark Castle Member 2.00 0.00 X 0 0 0 Michael Esposito Member 2.00 0.00 X 0 0 0 Peter Elkowitz Secretary 2.00 0.00 X 0 0 0 Martha Abrams Member 2.00 0.00 X 0 0 0 Patricia Strong Member 2.00 0.00 X 0 0 0 Elaine Dovas Member 2.00 0.00 X 0 0 0 Dwayne Wright Member 2.00 0.00 X 0 0 0 Nia Rock Member 2.00 0.00 X 0 0 0 Mariely Moronta- Sanchez Member 2.00 0.00 X 0 0 0 151250 12090 1 false true false 0 475000 1019535 130000 1624535 ADMINISTRATIVE FEE REV 453310 8700 8700 PROGRAM INCOME 561000 10286 10286 18986 21109 21109 0 0 0 1792041 1800860 -8819 -8819 -8819 0 0 0 MISCELLANEOUS INCOME 453000 15 15 15 1655826 19001 12290 1114384 1114384 0 0 0 163340 129493 27183 6664 0 163678 147700 15978 0 33281 28226 4381 674 26681 22628 3513 540 0 0 31507 9204 22303 0 0 0 127995 126185 1569 241 210 210 5875 4310 1477 88 0 0 4772 4087 685 2400 880 1520 0 0 0 0 2139 1818 321 3301 1059 2242 Training 27334 27334 Miscellaneous 5016 2524 2492 PROGRAM SERVICE 4950 4950 DUES AND SUBSCRIPTIONS 2829 2409 420 0 1719692 1627191 84294 8207 781000 575095 751398 0 223402 568005 160063 215070 0 0 0 0 3405 8208 12835 9985 1569 2850 999037 1738283 0 0 0 0 2919874 3107511 113632 63640 187436 690051 530456 403751 157000 97000 988524 1254442 X 1931350 1738069 115000 1931350 1853069 2919874 3107511 -63866 -14415 X X false true X true true true X 1026842 809014 929208 1057021 1624535 5446620 0 0 1026842 809014 929208 1057021 1624535 5446620 1281121 4165499 1573 40286 24261 1717 21109 88946 0 33 5 17 15 70 5535636 10286 0.75250 0.79630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12835 9985 2850 2850 Due to counselling groups 97000 97000 X 1641411 -14415 -14415 1655826 1655826 1719692 1719692 1719692 Part X : FIN48 Footnote BECAUSE OF ITS GENERAL TAX-EXEMPT STATUS, MANAGEMENT HAS NOT AND IS NOT ANTICIPATING TO HAVE MATERIAL AND UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISION FOR UNCERTAIN TAX POSITIONS. TAX FILING PERIODS ENDING DECEMBER 31, 2019 AND LATER REMAIN SUBJECT TO EXAMINATION BY THE PROPER TAX AUTHORITIES. true AAFE Community Devel Fund 2 Allen Street 7th Floor New York NY 10002 134103352 501(C)(3) 50000 0 Financial Counseling & Technology Affordable Housing Partnership 255 Orange Street Albany NY 12210 141724900 501(C)(3) 84047 0 Housing COUNSELING American Debt Resources Inc 384 Larkfield Rd East Northport NY 11731 113603198 501(c)(3) 38143 0 Counseling Services Arbor Housing and Development 26 Bridge Street Corning NY 14830 161166737 501(C)(3) 39421 0 Housing COUNSELING Belmont Housing Resources for WNY 2393 Main Street Buffalo NY 14214 161080227 501(c)(3) 11193 0 Counseling Services Better Neighborhoods Inc 120 Emmons Strreet Room 121 Schenectady NY 12304 141504550 501(C)(3) 75175 0 Housing COUNSELING Bronx NHS 1451 E Gun Hill Road 2nd Fl Bronx NY 10469 471006046 501(c)(3) 15093 0 Counseling Services CAMBA Legal Services 20 Snyder Ave Brooklyn NY 11226 113153831 501(c)(3) 29993 0 Counseling Services Central Islip Civic Council 68 Wheeler Road Central Islip NY 11722 112739993 501(c)(3) 40634 0 Housing COUNSELING Economic Opportunity Council of Suffolk 31 W Main Street Patchogue NY 11772 112141197 501(c)(3) 17043 0 Counseling Services Grow Brooklyn 1474 Myrtle Ave Brooklyn NY 11237 261410513 501(c)(3) 10243 0 Counseling Services Harlem Congregation 256 West 153rd Street New York NY 10039 133516262 501(c)(3) 95921 0 Financial and Hsg Counseling & Tech Housing and Family Service of Greater NY 415 Albemarle Road New York NY 11218 112412584 501(c)(3) 54415 0 Counseling Services Housing Assistance Program of Essex County Box 157 103 Hand Elizabethtown NY 12932 141601549 501(c)(3) 6043 0 Counseling Services Impacct Brooklyn 1000 Dean Street Brooklyn NY 11238 112451752 501(c)(3) 60693 0 Financial Counseling & Technology Long Island Housing Partnership 180 Oser Avenue Hauppauge NY 11788 112889068 501(c)(3) 56043 0 Financial Counseling & Technology Long Island Housing Services 640 Johnson Ave Suite 8 Bohemia NY 11716 112494324 501(c)(3) 32643 0 Counseling Services MHANY Management Inc 1 MetroTech Center N 11 Fl Brooklyn NY 11201 721303737 501(c)(3) 46706 0 Housing COUNSELING Neighborhood Housing Services of Jamaica 89-70 162nd Street Jamaica NY 11432 237398279 501(c)(3) 49640 0 Housing COUNSELING Neighbors Helping Neighbors 621 Degraw Street Brooklyn NY 11217 113059958 501(c)(3) 118518 0 Financial and Hsg Counseling & Tech NHS Brooklyn CDC Inc 2806 Church Avenue Brooklyn NY 11226 471169779 501(c)(3) 67993 0 Counseling Services NHS of Brooklyn CDC Inc Bed Stuy 1012 Gates Ave Brooklyn NY 11221 471717438 501(c)(3) 34565 0 Counseling Services Northfield Community LDC 160 Heberton Ave Staten Island NY 10302 132974137 501(c)(3) 67723 0 Housing Counseling & Technology Rockland Housing Action Coalition 475 Route 304 New City NY 10956 133439109 501(c)(3) 10643 0 Counseling Services 24 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. 151250 1530 10560 163340 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.