Nonprofit · EIN 13-3544227
COMMUNITY CAPITAL NEW YORK INC
Tax-exempt · ELMSFORD, NY 10523
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,848,534 | $2,479,916 | -$631,382 | $14,595,327 | $7,531,333 | $7,063,994 |
| June 30, 2024 | 990 | $2,282,202 | $2,160,925 | $121,277 | $15,465,607 | $7,408,211 | $8,057,396 |
| June 30, 2023 | 990 | $3,053,463 | $2,023,496 | $1,029,967 | $16,189,628 | $8,104,847 | $8,084,781 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $698,903
- of which government grants
- $368,959
- Program service revenue
- $936,632
- Investment income
- $212,999
- Net gain from sales of assets
- $55,570
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $279,440
- Other salaries and wages
- $1,039,169
- Salaries, compensation and benefits (total)
- $1,559,268
- Professional fundraising fees
- $0
- Accounting fees
- $62,450
- Occupancy
- $37,798
- Depreciation
- $1,551
- Program services (functional)
- $1,965,424
- Management and general (functional)
- $381,608
- Fundraising (functional)
- $132,884
Balance sheet and other
- Total assets, start of year
- $15,465,607
- Total assets, end of year
- $14,595,327
- Total liabilities, end of year
- $7,531,333
- Net assets, end of year
- $7,063,994
- Land, buildings and equipment
- $8,916
- Net assets without donor restrictions
- $6,671,886
- Net assets with donor restrictions
- $392,108
- Gross receipts
- $2,573,122
- Employees
- 12
- Volunteers
- 14
- Year formed
- 1989
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| IAN BENJAMIN | INTERIM PRESIDENT & CEO Officer | 40 | $226,464 | $6,809 |
| KELLY ALMANZAR | CHIEF LENDING OFFICER Highest-paid employee | 40 | $161,104 | $11,413 |
| KATHRYN CONLAN | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $136,769 | $7,481 |
| RICHARD ST PAUL ESQ | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| H PHILIP SALMON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RICHARD HECHT | ASSISTANT TREASURER, THRU 12/2024 Trustee or director, Officer | 2 | $0 | $0 |
| BARRETT STOKES | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| NEIL ALEXANDER | SECRETARY, THRU 12/2024 Trustee or director, Officer | 2 | $0 | $0 |
| JACKELINE AGUDELO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BEN FRIERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALEXANDRA HANSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATALIE HUNTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMANDA KELSO | DIRECTOR, THRU 12/2024 Trustee or director | 2 | $0 | $0 |
| CARMEN MANOYAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDERSON MITCHELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA M SAMA PHD | DIRECTOR Trustee or director | 2 | $0 |
| CATHERINE HELLEUX | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT BENITEZ | PRESIDENT AND CEO FROM 01/2025 Officer | 40 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| IAN BENJAMIN | INTERIM PRESIDENT & CEO Officer | 40 | $223,785 | $8,250 |
| KATHRYN CONLAN | CHIEF OPERATING OFFICER Highest-paid employee | 40 | $134,000 | $5,100 |
| KELLY ALMANZAR | CHIEF LENDING OFFICER Highest-paid employee | 40 | $120,352 | $9,121 |
| WILLIAM MERZ IV | CHAIRMAN THRU 12/23 Trustee or director, Officer | 2 | $0 | $0 |
| RICHARD ST PAUL ESQ | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| H PHILIP SALMON | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RICHARD HECHT | ASSISTANT TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| NEIL ALEXANDER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BEN FRIERSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ALEXANDRA HANSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RICHARD HECHT | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATALIE HUNTER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMANDA KELSO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANDERSON MITCHELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| VLADIMER ORTEGA | DIRECTOR THRU 02/24 Trustee or director | 2 | $0 | $0 |
| EDWARD QUINN | DIRECTOR THRU 12/23 Trustee or director | 2 | $0 | $0 |
| BARRETT STOKES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GLEN VETROMILE | DIRECTOR THRU 03/24 Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FARSHAD MALTES | FORMER CEO THRU 07/22/22 Officer | 40 | $171,440 | $0 |
| ELISSA BARD | COO THRU 03/03/23 Highest-paid employee | 40 | $145,833 | $11,466 |
| IAN BENJAMIN | INTERIM PRESIDENT & CEO FROM 11/7/22 Officer | 40 | $29,167 | $1,534 |
| WILLIAM MERZ IV | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| RICHARD HECHT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| YVETTE WYNN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| RICHARD ST PAUL ESQ | CHAIR OF LOAN COMMITTEE Trustee or director, Officer | 2 | $0 | $0 |
| NEIL ALEXANDER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| M JOHN CONSTABLE | DIRECTOR THRU 01/13/23 Trustee or director | 2 | $0 | $0 |
| ROBERT M GREENE | DIRECTOR THRU 01/12/23 Trustee or director | 2 | $0 | $0 |
| ALEXANDRA HANSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| AMANDA KELSO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIEL A LANSEN | DIRECTOR THRU 10/14/22 Trustee or director | 2 | $0 | $0 |
| ANDERSON MITCHELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| VLADIMER ORTEGA | DIRECTOR Trustee or director | 2 | $0 | $0 |
| EDWARD QUINN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| H PHILIP SALMON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GLEN VENTROMILE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 44 EXECUTIVE BLVD STE 203, ELMSFORD, NY 10523-1336
- Principal officer (990 for 2024)
- ROBERT BENITEZ, 44 EXECUTIVE BLVD 203, ELMSFORD, NY 10523
- Signed the 990
- ROBERT BENITEZ, CEO
- Phone
- (914) 747-8020
- Website
- WWW.COMMUNITYCAPITALNY.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
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 36 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.
Program accomplishments
- SEE SCHEDULE O - SMALL BUSINESS LENDING AND TECHNICAL ASSISTANCECOMMUNITY CAPITAL BEGAN WORKING WITH SMALL BUSINESS OWNERS IN 2003 AND RECEIVED SBA CERTIFICATION TO OFFER MICRO LOANS IN 2007. SINCE THEN, COMMUNITY CAPITAL HAS MADE $15.9 MILLION IN LOANS TO OVER 530 BUSINESSES AND HAS EMERGED AS THE LARGEST NONPROFIT SMALL BUSINESS LENDER IN THE HUDSON VALLEY. MOST OF OUR SMALL BUSINESS CLIENTS ARE LOW- TO MODERATE-INCOME, WOMEN, AND MINORITIES WHO HAVE HAD DIFFICULTY ACCESSING CAPITAL FROM TRADITIONAL BANKS TO GROW THEIR BUSINESSES. AT COMMUNITY CAPITAL WE WORK TO IDENTIFY THE BEST SOLUTIONS FOR EACH INDIVIDUAL BUSINESS OWNER. WE OFFER FAIR, TRANSPARENT LOANS AND LINES OF CREDIT WITH FLEXIBLE RATES AND TERMS. BORROWERS ALSO RECEIVE FREE, ON-GOING FINANCIAL COACHING, ONE-ON-ONE CONSULTING AND BUSINESS TRAINING SERVICES TO ENSURE SUSTAINABLE RESULTS.Expenses $1,665,007 · revenue $764,981
- 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.Expenses $300,417 · revenue $171,651
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3544227
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L82Z)
- Assets (IRS master file)
- $14,595,327
- Income (IRS master file)
- $2,573,122
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,848,534 | $2,479,916 | $14,595,327 | IRS |
| 990 | June 2024 | $2,282,202 | $2,160,925 | $15,465,607 | IRS |
| 990 | June 2023 | $3,053,463 | $2,023,496 | $16,189,628 | XML |
| 990 | June 2022 | $4,212,008 | $1,661,212 | $14,769,647 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3544227).
Questions about COMMUNITY CAPITAL NEW YORK INC
- What is the EIN of COMMUNITY CAPITAL NEW YORK INC?
- The employer identification number (EIN) of COMMUNITY CAPITAL NEW YORK INC is 13-3544227.
- Is COMMUNITY CAPITAL NEW YORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to COMMUNITY CAPITAL NEW YORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY CAPITAL NEW YORK INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY CAPITAL NEW YORK INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY CAPITAL NEW YORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COMMUNITY CAPITAL NEW YORK INC?
- The 990 for the year ended June 30, 2025 names ROBERT BENITEZ.
- Who are the officers and directors of COMMUNITY CAPITAL NEW YORK INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 3 received compensation from the organization, the highest $226,464 (IAN BENJAMIN, INTERIM PRESIDENT & CEO).
- How much revenue does COMMUNITY CAPITAL NEW YORK INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,848,534, expenses of $2,479,916 and total assets of $14,595,327 at year end.
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