THE CENTER FOR NEW YORK CITY NEIGHBORHOODS INC Charity Report

Public IRS 990 nonprofit record

THE CENTER FOR NEW YORK CITY NEIGHBORHOODS INC

EIN 83-0506416 · Housing & Shelter N.E.C. (L99)

What they do

OUR MISSION is to PROMOTE and PROTECT AFFORDABLE HOMEOWNERSHIP IN NEW YORK SO THAT MIDDLE- and WORKING-CLASS FAMILIES ARE ABLE to BUILD STRONG, THRIVING COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.80 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 leaders23 people are listed in the latest report.

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

Money made simple

71.16%of revenue went to mission work88.8% of expenses · Program services

1.47%of revenue went to fundraising1.8% of expenses

$80.18spent for every $100 of revenueRevenue covered expenses this year.

7.54%of revenue went to management and office costs9.4% of expenses

$3.40in assets for every $1 spent this yearSome assets cannot be spent right away.

96.2%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 $260,333 for CHRISTIE PEALE (EXECUTIVE DIRECTOR). 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$46,042,150

Mission workProgram services$32,764,41271.16% of revenue88.8% of expenses

ManagementOffice and general costs$3,473,6377.54% of revenue9.4% of expenses

FundraisingAsking for donations$677,5921.47% of revenue1.8% of expenses

Revenue left after expensesReported annual surplus$9,126,50919.82% of revenueShown in gray on the chart

Total expenses$36,915,64180.18% 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: 88.8% mission · 9.4% management · 1.8% fundraisingTotal expenses: 80.18% of revenue

2023Expense mix: 98.7% mission · 1.2% management · 0.2% fundraisingTotal expenses: 99.33% of revenue

2022Expense mix: 99.1% mission · 0.8% management · 0.1% fundraisingTotal expenses: 99.16% of revenue

2021Expense mix: 86.3% mission · 12.3% management · 1.5% fundraisingTotal expenses: 82.12% of revenue

2020Expense mix: 85.9% mission · 12.2% management · 1.9% fundraisingTotal expenses: 114.69% of revenue

2019Expense mix: 93.4% mission · 5.4% management · 1.2% fundraisingTotal expenses: 46.78% of revenue

2018Expense mix: 95.4% mission · 4.1% management · 0.5% fundraisingTotal expenses: 49.77% of revenue

2017Expense mix: 93.4% mission · 5.9% management · 0.7% fundraisingTotal expenses: 67.82% of revenue

Money in and money out

Revenue$46,042,150

Expenses$36,915,641

Annual surplus $9,126,509 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)$32,764,412 · 88.8% of expenses

Management and office costs$3,473,637 · 9.4% of expenses

Fundraising$677,592 · 1.8% of expenses

See all reported dollar amounts

Revenue$46,042,150

Expenses$36,915,641

Assets$125,382,376

Income$46,185,452

Contributions$44,313,415

Mission work (program services)$32,764,412

Fundraising$677,592

Grants given$37,964,254

Average grant$112,320

Management and general$3,473,637

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

CHRISTIE PEALEEXECUTIVE DIRECTOR · 40 hrs/week $260,333Base $212,833 · Other $47,500

NATASHA N PALLANCHIEF FINANCIAL OFFICER · 40 hrs/week $227,863Base $184,525 · Other $43,338

JESSICA WELLS-HASANVP OF DEV. AND EXTERNAL AFFAIRS · 40 hrs/week $210,090Base $181,913 · Other $28,177

PAMELA BAILEY SAHCHIEF PROGRAM OFFICER · 40 hrs/week $197,939Base $175,147 · Other $22,792

BRADEN Z LISTMANNVP OF PROGRAM DELIVERY · 40 hrs/week $185,042Base $137,056 · Other $47,986

SARAH A STEVENSONDIRECTOR OF FINANCE · 40 hrs/week $174,084Base $129,448 · Other $44,636

MIREILLE MARTINEAUDIRECTOR, HAF · 40 hrs/week $173,576Base $135,000 · Other $38,576

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 (23)

CHRISTIE PEALEEXECUTIVE DIRECTOR

NATASHA N PALLANCHIEF FINANCIAL OFFICER

JESSICA WELLS-HASANVP OF DEV. AND EXTERNAL AFFAIRS

PAMELA BAILEY SAHCHIEF PROGRAM OFFICER

BRADEN Z LISTMANNVP OF PROGRAM DELIVERY

SARAH A STEVENSONDIRECTOR OF FINANCE

MIREILLE MARTINEAUDIRECTOR, HAF

JOE WEISBORDSECRETARY

VALERIE WHITEBOARD MEMBER

TANYA JOHNSON-BARNETTBOARD MEMBER

SAM MARKSBOARD MEMBER

MERILYN ROVIRABOARD MEMBER

MATHEW WAMBUABOARD MEMBER

LOUISE CARROLLBOARD CHAIR

JONATHAN MINTZBOARD MEMBER

ADOLFO CARRIN JRBOARD MEMBER

HAKIM THOMPSONBOARD MEMBER

GWEN ROBINSONBOARD MEMBER

FREDERICK HARRISBOARD MEMBER

ERIC EDERLINBOARD MEMBER

COLVIN GRANNUMTREASURER

CATHLEEN MAHONBOARD MEMBER

BAABA HALMBOARD MEMBER

About this charity

Recognized since: January 2008
Location: 60 BROAD ST 24TH FLOOR 2503, NEW YORK, NY 10004-2342
County: New York
In care of: CHRISTIE PEALE
Primary officer: CHRISTIE PEALE, CEO/EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@cnycn.org Phone(646) 786-0881

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CBIZ ADVISORS LLC
NTEE classification: Housing & Shelter N.E.C. (L99)
IRS tax category: Housing & Shelter N.E.C.
Grant-giving organization: Yes