THE NEW YORK COMMUNITY TRUST Charity Report

Public IRS 990 nonprofit record

THE NEW YORK COMMUNITY TRUST

EIN 13-3062214 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

WE FOSTER & ENGAGE IN ENDURING and INNOVATIVE PHILANTHROPY WITH A VISION (CONTINUED ON SCHEDULE O).

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders31 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

65.89%of revenue went to mission work84.3% of expenses · Program services

1.46%of revenue went to fundraising1.9% of expenses

$78.19spent for every $100 of revenueRevenue covered expenses this year.

10.84%of revenue went to management and office costs13.9% of expenses

$13.95in assets for every $1 spent this yearSome assets cannot be spent right away.

34.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,014,261 for AMY FREITAG (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$322,622,907

Mission workProgram services$212,586,74465.89% of revenue84.3% of expenses

ManagementOffice and general costs$34,964,83710.84% of revenue13.9% of expenses

FundraisingAsking for donations$4,703,1231.46% of revenue1.9% of expenses

Revenue left after expensesReported annual surplus$70,368,20321.81% of revenueShown in gray on the chart

Total expenses$252,254,70478.19% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.3% mission · 13.9% management · 1.9% fundraisingTotal expenses: 78.19% of revenue

2023Expense mix: 85.1% mission · 13.3% management · 1.6% fundraisingTotal expenses: 84.40% of revenue

2022Expense mix: 87.8% mission · 11.4% management · 0.8% fundraisingTotal expenses: 75.66% of revenue

2021Expense mix: 90.0% mission · 9.5% management · 0.6% fundraisingTotal expenses: 64.90% of revenue

2020Expense mix: 90.4% mission · 9.1% management · 0.5% fundraisingTotal expenses: 84.64% of revenue

2019Expense mix: 86.6% mission · 12.6% management · 0.8% fundraisingTotal expenses: 81.67% of revenue

2018Expense mix: 87.3% mission · 11.9% management · 0.8% fundraisingTotal expenses: 79.38% of revenue

2017Expense mix: 89.4% mission · 10.0% management · 0.6% fundraisingTotal expenses: 102.15% of revenue

Money in and money out

Revenue$322,622,907

Expenses$252,254,704

Annual surplus $70,368,203 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$212,586,744 · 84.3% of expenses

Management and office costs$34,964,837 · 13.9% of expenses

Fundraising$4,703,123 · 1.9% of expenses

See all reported dollar amounts

Revenue$322,622,907

Expenses$252,254,704

Assets$3,517,968,264

Income$1,080,717,242

Contributions$111,449,682

Mission work (program services)$212,586,744

Fundraising$4,703,123

Grants given$1,419,923,212

Average grant$275,286

Management and general$34,964,837

Stocks and bonds$2,982,239,605

Accounting fees$164,345

Investing fees$23,585,792

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AMY FREITAGPRESIDENT · 45 hrs/week $1,014,261Base $885,189 · Other $129,072

DOMINICK IMPEMBACOFO & TREASURER · 45 hrs/week $580,992Base $481,654 · Other $99,338

CARRIE TROWBRIDGEGENERAL COUNSEL & SECRETARY · 45 hrs/week $525,402Base $460,665 · Other $64,737

SHAWN V MOREHEADVP & ASSISTANT SECRETARY · 45 hrs/week $520,154Base $410,196 · Other $109,958

REBECCA MANDELMANVP & CPO · 45 hrs/week $442,090Base $387,387 · Other $54,703

TATIANA POHOTSKYCIO & ASSISTANT TREASURER · 45 hrs/week $377,892Base $312,714 · Other $65,178

AYANNA RUSSELLVP & ASSISTANT SECRETARY · 45 hrs/week $359,917Base $262,089 · Other $97,828

IFRAN HASANDEPUTY VP & ASSISTANT SECRETARY · 45 hrs/week $343,098Base $238,006 · Other $105,092

WEN WENG CPACONTROLLER & ASSISTANT TREASURER · 45 hrs/week $327,128Base $227,640 · Other $99,488

JOHN J ODDYVP & ASSISTANT SECRETARY · 45 hrs/week $321,284Base $261,411 · Other $59,873

DAVID OKORNEXECUTIVE DIRECTOR · 45 hrs/week $316,446Base $237,066 · Other $79,380

RODERICK JENKINSSENIOR PROGRAM DIRECTOR · 45 hrs/week $306,638Base $194,274 · Other $112,364

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (31)

AMY FREITAGPRESIDENT

DOMINICK IMPEMBACOFO & TREASURER

CARRIE TROWBRIDGEGENERAL COUNSEL & SECRETARY

SHAWN V MOREHEADVP & ASSISTANT SECRETARY

REBECCA MANDELMANVP & CPO

TATIANA POHOTSKYCIO & ASSISTANT TREASURER

AYANNA RUSSELLVP & ASSISTANT SECRETARY

IFRAN HASANDEPUTY VP & ASSISTANT SECRETARY

WEN WENG CPACONTROLLER & ASSISTANT TREASURER

JOHN J ODDYVP & ASSISTANT SECRETARY

DAVID OKORNEXECUTIVE DIRECTOR

RODERICK JENKINSSENIOR PROGRAM DIRECTOR

LAURA ROSSIEXECUTIVE DIRECTOR

MARSHA CORCHADOHUMAN RESOURCES DIRECTOR

EILEEN CASEYASSOC. DR, INVESTMENT OPERATIONS

MARIE DCOSTA THRU 072024VP & ASSISTANT SECRETARY

KERRY E MCCARTHY THRU 0624VP & ASSISTANT SECRETARY

KEVIN BYRNEDIRECTOR

MALI SANANIKONE GAWDIRECTOR

MARIANA CAMPERODIRECTOR (AS OF 10/2024)

JUDITH O RUBINDIRECTOR

JANE E SALMON MDDIRECTOR

MICHAEL MARQUEZDIRECTOR (AS OF 10/2024)

OBAID KHANDIRECTOR

JAMIE DRAKECHAIR (AS OF 01/2024)

FERNANDO A BOHORQUEZDIRECTOR

BRUCE M HOLLEYDIRECTOR

STEPHEN C ROBINSONDIRECTOR

STEVEN KOCHDIRECTOR (AS OF 10/2024)

BARRON M TENNYDIRECTOR (THRU 01/2024)

ANN UNTERBERGDIRECTOR

About this charity

Recognized since: January 1959
Location: 909 THIRD AVENUE 22ND FL, NEW YORK, NY 10022-4752
County: New York
In care of: % DOMINICK IMPEMBA
Primary officer: DOMINICK IMPEMBA, COFO & TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(212) 686-0010

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
Grant-giving organization: Yes