Housing & Shelter
Community Capital New York Inc
ELMSFORD, NY
Total revenue
$2.3M
Total expenses
$2.2M
Net assets
$8.1M
Grants received
$943K
24 grants
EIN
133544227
Tax year
2023
Mission
Community capital is a nonprofit lender that has revitalized communities and transformed lives in the mid-hudson valley, bronx and fairfield county, ct for 35 years. Our mission is to foster economic opportunity for underserved individuals and low wealth communities by providing innovative loans and business training that supports entrepreneurs, and the development of affordable homes so that all residents can be stakeholders in a more inclusive economy.
Programs
1 program
See schedule o - community development and affordable housing lending programcommunity capital new york partners with private and nonprofit real estate developers to expand affordable housing opportunities for low- and moderate-income individuals and families across new york state. As a flexible and mission driven lender, ccny is committed to supporting affordable housing developers with both capital and technical assistance. Through a revolving loan fund, community capital new york works collaboratively and creatively to address the capital needs of affordable housing development projects. Ccny provides early-stage pre-development loans, acquisition loans, bridge loans, and construction loan financing. Ccny supports new construction, rehabilitation, adaptive re-use, multi-family, single-family, mixed-use, mixed-income and supportive affordable housing for seniors, veterans, and people with disabilities or experiencing homelessness. Ccny provides financing to developers building both affordable homeownership and multifamily rental units. Ccny provides technical assistance when it is needed to help move affordable housing projects through development. Ccny finances high-impact community development projects through our lending program which supports the development of safe and high-quality affordable housing with is an essential building block for families and individuals and is linked to health and wellness, strong child and youth development, positive educational outcomes, employment opportunities and personal and neighborhood safety.
Financials
FY 2023
Revenue
Expenses
People
18 listed
IAN BENJAMIN
INTERIM PRESIDENT & CEO
$224K
40 hrs/wk
RICHARD HECHT
ASSISTANT TREASURER
—
2 hrs/wk
NEIL ALEXANDER
SECRETARY
—
2 hrs/wk
BEN FRIERSON
DIRECTOR
—
2 hrs/wk
ALEXANDRA HANSON
DIRECTOR
—
2 hrs/wk
RICHARD HECHT
DIRECTOR
—
2 hrs/wk
NATALIE HUNTER
DIRECTOR
—
2 hrs/wk
WILLIAM MERZ IV
CHAIRMAN THRU 12/23
—
2 hrs/wk
ANDERSON MITCHELL
DIRECTOR
—
2 hrs/wk
VLADIMER ORTEGA
DIRECTOR THRU 02/24
—
2 hrs/wk
EDWARD QUINN
DIRECTOR THRU 12/23
—
2 hrs/wk
BARRETT STOKES
DIRECTOR
—
2 hrs/wk
GLEN VETROMILE
DIRECTOR THRU 03/24
—
2 hrs/wk
AMANDA KELSO
DIRECTOR
—
2 hrs/wk
RICHARD ST PAUL ESQ
CHAIRMAN
—
2 hrs/wk
H PHILIP SALMON
TREASURER
—
2 hrs/wk
KATHRYN CONLAN
CHIEF OPERATING OFFICER
$134K
40 hrs/wk
KELLY ALMANZAR
CHIEF LENDING OFFICER
$120K
40 hrs/wk
Grants received
Showing 24 of 24
Funded by
$943K from 13 funders · 24 grants · 2019–2024
$500K · 2 grants · 2022–2024
$125K · 5 grants · 2019–2023
$100K · 1 grant · 2020
$80K · 2 grants · 2020–2022
$80K · 4 grants · 2020–2024
$15K · 1 grant · 2023
$15K · 3 grants · 2020–2023
$10K · 1 grant · 2020