New York State Cdfi Coalition Inc
- Assets
- $77.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, NY
- Founding
- 08/2019
- Data as of
- 12/2023
- EIN
- 81-1809664
Organization Overview
New York State Cdfi Coalition Inc is located in Albany, NY. The organization was established in 2019. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New York State Cdfi Coalition Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, New York State Cdfi Coalition Inc generated $79.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $105.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE COALITION PROVIDES NEW YORK STATE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS ( CDFIS ) ACCESS TO NETWORKING, EDUCATION, COLLABORATION AND ADVOCACY OPPORTUNITIES ABOUT HOW CDFIS CAN BE AN EFFECTIVE TOOL TO ADDRESS POVERTY BY INCREASING FINANCIAL INCLUSION, HOUSING ACCESS, AND ECONOMIC OPPORTUNITY AND DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Macfarlane Chair | 2 | $0 | |
Aisha Benson Vice Chair | 1 | $0 | |
Nancy Carin Secretary | 1 | $0 | |
John Felton Treasurer | 1 | $0 | |
Giovana Bracchi Trustee/dire | 1 | $0 | |
Charles D Hammerman Trustee/dire | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,000 |
| Total Program Service Revenue | $50,680 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,680 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $42,663 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,745 |
| Total expenses | $105,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,208 |
| Other assets | $0 |
| Total assets | $77,208 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,208 |