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    New York Mortgage Coalition Inc. Logo

    MIP Score

    61

    Housing
    Housing Assistance

    New York Mortgage Coalition Inc.

    New York Mortgage Coalition Inc. Logo

    New York Mortgage Coalition Inc.

    Housing
    Housing Assistance
    14 Wall St, New York, New York, 10005View all New York charities
    EIN: 30-0021150
    Total Assets: $3.108 million
    Established in 2001

    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.

    Read more on their website →

    Basic Information

    Tax-Exempt

    Address

    14 Wall St, New York, New York, 10005

    View all New York charities

    Founded in

    2001

    EIN

    30-0021150

    Total Assets

    $3.108 million

    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

    Tax-Exempt

    Address

    14 Wall St, New York, New York, 10005

    View all New York charities

    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.

    Showing 3 of 5 goals

    Goal 1

    No Poverty

    Goal 3

    Good Health

    Goal 4

    Quality Education

    Goal 1

    No Poverty

    Goal 3

    Good Health

    Goal 4

    Quality Education

    Goal 8

    Decent Work and Economic Growth

    Goal 10

    Reduced Inequalities

    At a Glance

    Join Our Cause for Affordable Homeownership

    Join Our Cause for Affordable Homeownership

    Support affordable homeownership in the Greater New York area.

    Success Stories

    Success Stories

    Hear from successful homebuyers who have benefited from our programs.

    Upcoming Homebuyer Education Workshops

    Upcoming Homebuyer Education Workshops

    Participate in financial workshops and homebuyer seminars.

    Impact Stats

    53,000

    Households Educated

    Homebuyer Education

    Provided homebuyer education to over 53,000 households.

    10,000

    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 More

    Impact Reports

    PDF Icon

    2023 Impact Report

    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

    CategoryAmountPercentage
    Contributions, Gifts, and Grants1.424M97.85%
    Program Services18.99K1.30%
    Investment Income21.11K1.45%
    Sales of Non-Inventory Assets-8.819K-0.61%
    Other Notable Sources150.00%
    Total Revenue1.456M100.00%

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