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Filing year 2024

NEW YORK MORTGAGE COALITION INC

New York, New York·EIN 30-0021150·NTEE L30 · Housing & Shelter·3
Total revenue
$1.1M
Total assets
$2.2M
Total expenses
$1.1M
Reported officers
19
Mission

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.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Executive Dir.
officer (unspecified)
$129k
$139k
Interim Exe.dir
officer (unspecified)
$10k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Housing & Shelter

Fell 21%
over 2 years

From $163k in 2022 to $129k in 2024.

$163k
2022
$167k
2023
$129k
2024
In today's dollarsEst.
Down 27% in real terms$190k to $139k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEW YORK MORTGAGE COALITION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.7M
$1.7M
2022
$1.4M
$1.4M
2023
$1.1M
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in New York

Comparable housing & shelter organizations in New York pay their highest-earning executive a median of $56,322.

25th percentile
$27k
Median
$56,322
75th percentile
$123k
90th percentile
$209k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 264 organizations across 264 filings (2022 – 2023).

See full Housing & Shelter pay data for New York
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