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NEW YORK STATE CDFI COALITION INC

ALBANY, NY · EIN 811809664 · Form 990EZ · FY2024 · NTEE S03 · Community Improvement · Micro (<$100K)
revenue
$94K
expenses
$79K
net assets
$93K
employees
mission · from form 990

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.

profile · synthesized from sources

The New York State CDFI Coalition supports community development financial institutions (CDFIs) across New York State by facilitating networking, education, collaboration, and advocacy. It aims to strengthen CDFIs as tools to combat poverty through increased financial inclusion, affordable housing access, and economic development opportunities. The organization operates as a statewide membership coalition.

named programs · 3 · from sources

What they call their work

Education & Capacity Building
Provides training and educational resources to strengthen the operational and programmatic capabilities of member CDFIs
Networking & Collaboration Forums
Facilitates regular meetings and events for New York State CDFIs to share best practices, coordinate efforts, and build partnerships
Policy Advocacy
Advocates at the state level for policies and funding that support CDFI growth and effectiveness in addressing poverty and economic inequity
activities · 1 group

What they do

  • Nonprofit Capacity Building Services 1 activity
    • Capacity building and networking for CDFIs
      Provides Community Development Financial Institutions (CDFIs) in New York State with access to networking, education, collaboration, and advocacy opportunities.
financials · form 990EZ · fy2024
revenue
Total revenue$94K
Contributions & grants$39K41%
Program service revenue$56K59%
Investment income
Other revenue
expenses
Total expenses$79K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out
balance sheet
Total assets$93K
Cash
Investments
Liabilities
Net assets$93K
5 years on record · 2020–2024 · YoY revenue +18.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 12
  • CHARLES D HAMMERMAN — TRUSTEE/DIRE
  • DAN FIELDING — TRUSTEE/DIRE
  • GIOVANA BRACCHI — TRUSTEE/DIRE
  • IAN BENJAMIN — TRUSTEE/DIRE
  • JAVIER ZAPATA — TRUSTEE/DIRE
  • JULES HEBERT — TRUSTEE/DIRE
  • LLOYD DOAMAN — TRUSTEE/DIRE
  • MARYANN LUNETTA — TRUSTEE/DIRE
  • MELANIE STERN — TRUSTEE/DIRE
  • TYRA JOHNSON — TRUSTEE/DIRE
  • WALT BRADY — TRUSTEE/DIRE
  • YANKI TSHERING — TRUSTEE/DIRE
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.