COMMUNITY CAPITAL NEW YORK INC (EIN 133544227) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

ROBERT BENITEZ

Phone

9147478020

Tax Period

2023-07-01 to 2024-06-30

COMMUNITY CAPITAL NEW YORK INC, founded in 1989, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $2.2M left a modest 5% surplus.

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 35 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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,362,969

Program Service Revenue $818,579

Investment Income $100,654

Other Revenue $0

TOTAL REVENUE $2,282,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,298,519

Fundraising Expenses $64,519

Program Expenses $1,803,221

Other Expenses $862,406

TOTAL EXPENSES $2,160,925

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,282,202	$3,053,463	-0.3%
Expenses	$2,160,925	$2,023,496	+0.1%
Net Income	$121,277	$1,029,967	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$232,035

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM MERZ IV	CHAIRMAN THRU 12/23	2.00	Officer Director	$0	$0	$0
RICHARD ST PAUL ESQ	CHAIRMAN	2.00	Officer Director	$0	$0	$0
H PHILIP SALMON	TREASURER	2.00	Officer Director	$0	$0	$0
RICHARD HECHT	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
NEIL ALEXANDER	SECRETARY	2.00	Officer Director	$0	$0	$0
BEN FRIERSON	DIRECTOR	2.00	Director	$0	$0	$0
ALEXANDRA HANSON	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD HECHT	DIRECTOR	2.00	Director	$0	$0	$0
NATALIE HUNTER	DIRECTOR	2.00	Director	$0	$0	$0
AMANDA KELSO	DIRECTOR	2.00	Director	$0	$0	$0
ANDERSON MITCHELL	DIRECTOR	2.00	Director	$0	$0	$0
VLADIMER ORTEGA	DIRECTOR THRU 02/24	2.00	Director	$0	$0	$0
EDWARD QUINN	DIRECTOR THRU 12/23	2.00	Director	$0	$0	$0
BARRETT STOKES	DIRECTOR	2.00	Director	$0	$0	$0
GLEN VETROMILE	DIRECTOR THRU 03/24	2.00	Director	$0	$0	$0
IAN BENJAMIN	INTERIM PRESIDENT & CEO	40.00	Officer	$223,785	$8,250	$232,035
KELLY ALMANZAR	CHIEF LENDING OFFICER	40.00	Highest	$120,352	$9,121	$129,473
KATHRYN CONLAN	CHIEF OPERATING OFFICER	40.00	Highest	$134,000	$5,100	$139,100

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$2,282,202	$2,160,925	$15,465,607	$121,277
2023	$3,053,463	$2,023,496	$16,189,628	$1,029,967
2022	$4,212,008	$1,661,212	$14,769,647	$2,550,796
2021	$2,371,640	$1,709,944	$13,076,152	$661,696
2020	$1,330,828	$1,769,822	$9,184,533	$-438,994
2019	$1,391,439	$1,381,831	$8,089,129	$9,608

COMMUNITY CAPITAL NEW YORK INC