Mission
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 payment assistance. NYMC also supports its member agencies who help preserve homeownership offering informational workshops and one-on-one counseling to troubled homeowners through foreclosure prevention programs.
Basic Information
Founded in
2001
EIN
30-0021150
Total Assets
$3.108 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Join Our Cause for Affordable Homeownership
Support affordable homeownership in the Greater New York area.
Success Stories
Hear from successful homebuyers who have benefited from our programs.
Upcoming Homebuyer Education Workshops
Participate in financial workshops and homebuyer seminars.
Impact Stats
Households Educated
Homebuyer Education
Provided homebuyer education to over 53,000 households.
First Homes Purchased
First Home Purchases
Helped over 10,000 New Yorkers purchase their first home.
Upcoming Events
HCCI Financial Capacity Workshop
2024-11-01
A workshop focused on enhancing financial capacity for homeownership.
HCCI Homebuying Workshop/Seminar Series
2024-11-01
Comprehensive education on home buying processes.
Our Programs
Homebuyer Education
Provides education for first-time homebuyers to understand the purchasing process.
Learn MoreImpact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
61
46
/100
Program Expense Ratio
93.73%
20
/20
Program Revenue Growth
-37.98%
2
/20
Leverage Ratio
0.3898
10
/20
Working Capital Ratio
1.284
12
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 1.424M | 97.85% |
| Program Services | 18.99K | 1.30% |
| Investment Income | 21.11K | 1.45% |
| Sales of Non-Inventory Assets | -8.819K | -0.61% |
| Other Notable Sources | 15 | 0.00% |
| Total Revenue | 1.456M | 100.00% |
