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The Center For New York City Neighborhoods Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830506416 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Center For New York City Neighborhoods Inc?

The Center for New York City Neighborhoods Inc, based in New York City, is a nonprofit organization dedicated to promoting and preserving affordable homeownership for middle- and working-class families. Through their wholly-owned CDFI subsidiary, Sustainable Neighborhoods LLC, they serve as the implementing partner for the New York State Homeowner Assistance Fund (NYS HAF). This federally-funded program aims to assist homeowners at risk of default, foreclosure, or displacement due to financial hardships caused by the COVID-19 pandemic. The Center provides various types of support, including financial assistance, access to case managers, and referrals to housing counselors or legal service providers, with the ultimate goal of helping homeowners financially impacted by the pandemic remain in their homes. The organization employs a team of 117 individuals.


Official website here: www.cnycn.org

Is The Center For New York City Neighborhoods Inc legitimate?

The Center For New York City Neighborhoods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Center For New York City Neighborhoods Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $455,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,809,344

For more financial information, click here


Official website here: www.cnycn.org

What is the mission statement of The Center For New York City Neighborhoods Inc?

The Center for New York City Neighborhoods Inc is dedicated to promoting and safeguarding affordable homeownership for middle- and working-class families in New York. Their mission enables these communities to thrive. As the implementing partner for the New York State Homeowner Assistance Fund (NYS HAF), their subsidiary, Sustainable Neighborhoods LLC, plays a crucial role in this program. NYS HAF is a federally-funded initiative designed to support homeowners at risk of default, foreclosure, or displacement due to financial hardships caused by the COVID-19 pandemic. NYS HAF offers various forms of assistance, including financial aid for overdue housing payments resulting in affordable outcomes, access to call centers and case managers, and referrals to housing counselors or legal service providers. The ultimate goal of NYS HAF is to help homeowners financially impacted by the pandemic maintain their residences.


Official website here: www.cnycn.org

Who is the CEO of The Center For New York City Neighborhoods Inc?

Christie Peale is the Board Member of The Center For New York City Neighborhoods Inc.


Official website here: www.cnycn.org

What is the revenue of The Center For New York City Neighborhoods Inc?

The Center For New York City Neighborhoods Inc's revenue in 2022 was $299,132,353.


Official website here: www.cnycn.org

Who are the executives of The Center For New York City Neighborhoods Inc and what are their salaries?

The average compensation at The Center For New York City Neighborhoods Inc during 2022 was $62,089. There are 117 employees and 16 volunteers at The Center For New York City Neighborhoods Inc.

Here are 28 key members and their salaries:

    Christie Peale (Executive Director)
  • Compensation: $214,400
  • Related: $0
  • Other: $42,078

    • Natasha N Pallan (Chief Financial Officer)
  • Compensation: $160,250
  • Related: $0
  • Other: $38,318

    • Jessica Wells-Hasan (Vp Of Development And External Affairs)
  • Compensation: $164,583
  • Related: $0
  • Other: $24,126

    • Lucy Raimes (Vp Of Homeowner Services)
  • Compensation: $145,000
  • Related: $0
  • Other: $6,372

    • Mireille Martineau (Director)
  • Compensation: $120,000
  • Related: $0
  • Other: $29,768

    • Pamela Bailey Sah (Chief Program Officer)
  • Compensation: $132,998
  • Related: $0
  • Other: $10,155

    • Joseph C Sant (General Counsel And Vice President)
  • Compensation: $127,500
  • Related: $0
  • Other: $11,620

    • Adolfo Carrin Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexa Sewell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Baaba Halm (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathleen Mahon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colvin Grannum (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donovan Richards (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Ederlin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frederick Harris (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Schiefelbein (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwen Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hakim Thompson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Weisbord (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Mintz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Zimmerman (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louise Carroll (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mathew Wambua (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Merilyn Rovira (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronay Menschel (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Marks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie White (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Viraj Patel (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cnycn.org

    Where can I find the form 990 for The Center For New York City Neighborhoods Inc?

    The The Center For New York City Neighborhoods Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cnycn.org

    Learn more at the official website: www.cnycn.org

    Mission Statement of The Center For New York City Neighborhoods Inc

    The Center for New York City Neighborhoods Inc, a mission-driven organization, strives to promote and safeguard affordable homeownership in New York City. By doing so, it enables middle- and working-class families to establish strong, prosperous communities.

    The organization's wholly-owned CDFI subsidiary, Sustainable Neighborhoods LLC, serves as the implementing partner for the New York State Homeowner Assistance Fund (NYS HAF). This federally-funded program, dedicated to assisting homeowners facing financial hardships due to the COVID-19 pandemic, offers various types of support to help them keep their homes. Homeowners affected by the pandemic can receive financial assistance to address delinquent housing payments, access to a call center and case managers, and referrals to professional housing counselors or legal service providers. Ultimately, NYS HAF aims to prevent homelessness and enable homeowners to stay in their homes.

    Impact

    This information is meant to be a general summary of The Center For New York City Neighborhoods Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Center For New York City Neighborhoods Inc has a significant impact on promoting and protecting affordable homeownership in New York. Through their Homeowner Assistance Fund, the organization provides critical support to homeowners at risk of default, foreclosure, or displacement due to financial hardships caused by the COVID-19 pandemic. This program offers various types of assistance, including financial support for delinquent housing payments, access to case managers and a call center, as well as referrals to housing counselors and legal service providers.

    Ultimately, the Center's efforts through the Homeowner Assistance Fund aim to help homeowners affected by the pandemic stay in their homes and achieve affordable outcomes. By supporting middle- and working-class families in New York, the Center For New York City Neighborhoods Inc plays a crucial role in building strong and thriving communities in the city.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $59,403
  • Program Service Revenue: $0
  • Gross Receipts: $299,132,353

    • Assets and Liabilities:
  • Total Assets: $138,538,594
  • Total Liabilities: $41,388,936
  • Net Assets: $97,149,658
  • Organization Details

    Founding Year

    2007

    Principal Officer

    Christie Peale

    Main Address

    55 BROAD STREET 10TH FLOOR, NEW YORK, NY, 10004

    NTEE Category

    Code: L80 - Housing

    If you are a representative of The Center For New York City Neighborhoods Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.