Community Capital New York Inc
Community Capital New York Inc shows strong asset growth and consistent revenue, with no reported officer compensation.
EIN: 133544227 · Elmsford, NY · NTEE: L82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| Net Assets | $8.1M |
| Transparency Score | 88/100 |
Is Community Capital New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Capital New York Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Capital New York Inc
Community Capital New York Inc (EIN: 133544227) is a nonprofit organization based in Elmsford, NY, classified under NTEE code L82Z. The organization reported total revenue of $3.4M and total assets of $15.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Capital New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Capital New York Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $16.2M |
| Total Liabilities | $8.1M |
| Net Assets | $8.1M |
| Operating Margin | 33.7% |
| Debt-to-Asset Ratio | 50.1% |
| Months of Reserves | 96.0 months |
Financial Health Grade: A
In 2023, Community Capital New York Inc reported a surplus of $1.0M with revenue exceeding expenses, holds 96.0 months of operating reserves (strong position), has a debt-to-asset ratio of 50.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Capital New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.5% | +21.8% | +9.6% |
| 2022 | +77.6% | -2.8% | +13.0% |
| 2021 | +78.2% | -3.4% | +42.4% |
| 2020 | -4.4% | +28.1% | +13.5% |
| 2019 | -29.2% | +34.4% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Capital New York Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Community Capital New York Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests either a volunteer leadership model or compensation is categorized differently, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community Capital New York Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation across all filings, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
The following positive indicators were identified for Community Capital New York Inc:
- Consistent and significant asset growth over the past decade, from $4.17M in 2014 to $16.18M in 2023.
- Revenue consistently exceeds expenses, indicating strong financial management and sustainability.
- Healthy balance sheet with assets significantly exceeding liabilities, demonstrating financial stability.
- Strong revenue generation, with latest reported revenue at $3,053,463.
Frequently Asked Questions about Community Capital New York Inc
Is Community Capital New York Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Capital New York Inc (EIN: 133544227) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Community Capital New York Inc spend its money?
Community Capital New York Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Capital New York Inc tax-deductible?
Community Capital New York Inc is registered as a tax-exempt nonprofit (EIN: 133544227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Capital New York Inc's spending goes to programs?
Community Capital New York Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Capital New York Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Community Capital New York Inc is above average for NTEE category L82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Capital New York Inc located?
Community Capital New York Inc is headquartered in Elmsford, New York and files with the IRS under EIN 133544227. It is classified under NTEE code L82Z.
How many years of IRS 990 filings does Community Capital New York Inc have?
Community Capital New York Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.4M in total revenue.
How does Community Capital New York Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size and asset base. It suggests either a fully volunteer-led executive team, or that executive compensation is categorized under other expense lines, which would require deeper scrutiny of their detailed IRS Form 990 filings to understand fully.
What is the primary driver of the significant asset growth?
The significant asset growth from $4.17 million in 2014 to $16.18 million in 2023 is primarily driven by consistent revenue exceeding expenses, leading to accumulated surpluses. For example, in 2023, revenue was $3,053,463 while expenses were $2,023,496, contributing to an increase in net assets.
Is the organization financially stable given its liabilities?
Yes, despite having liabilities, the organization appears financially stable. Its assets consistently outweigh its liabilities by a significant margin. For instance, in 2023, assets were $16,189,628 against liabilities of $8,104,847, indicating a healthy equity position.
Filing History
IRS 990 filing history for Community Capital New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Capital New York Inc's revenue has grown by 152.4%, moving from $1.2M to $3.1M. Total assets increased by 314.8% over the same period, from $3.9M to $16.2M. Total functional expenses rose by 267%, from $551K to $2.0M. In its most recent filing year (2023), Community Capital New York Inc reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $8.1M in liabilities against $16.2M in assets (debt-to-asset ratio: 50.1%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.0M | $16.2M | $8.1M | — | — |
| 2022 | $4.2M | $1.7M | $14.8M | $7.5M | — | View 990 |
| 2021 | $2.4M | $1.7M | $13.1M | $8.6M | — | — |
| 2020 | $1.3M | $1.8M | $9.2M | $5.8M | — | View 990 |
| 2019 | $1.4M | $1.4M | $8.1M | $4.3M | — | View 990 |
| 2018 | $2.0M | $1.0M | $7.8M | $4.0M | — | View 990 |
| 2017 | $1.4M | $1.0M | $6.4M | $3.5M | — | View 990 |
| 2016 | $1.1M | $878K | $6.1M | $3.6M | — | View 990 |
| 2015 | $1.1M | $769K | $5.0M | $2.8M | — | View 990 |
| 2014 | $756K | $742K | $4.2M | $2.3M | — | View 990 |
| 2013 | $742K | $737K | $4.3M | $2.4M | — | View 990 |
| 2012 | $646K | $803K | $4.7M | $2.8M | — | View 990 |
| 2011 | $1.2M | $551K | $3.9M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.0M, and assets of $16.2M (revenue -27.5% year-over-year).
- 2022: Revenue of $4.2M, expenses of $1.7M, and assets of $14.8M (revenue +77.6% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.7M, and assets of $13.1M (revenue +78.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.8M, and assets of $9.2M (revenue -4.4% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $8.1M (revenue -29.2% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.0M, and assets of $7.8M (revenue +39.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.0M, and assets of $6.4M (revenue +26.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $878K, and assets of $6.1M (revenue -1.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $769K, and assets of $5.0M (revenue +49.6% year-over-year).
- 2014: Revenue of $756K, expenses of $742K, and assets of $4.2M (revenue +1.9% year-over-year).
- 2013: Revenue of $742K, expenses of $737K, and assets of $4.3M (revenue +15.0% year-over-year).
- 2012: Revenue of $646K, expenses of $803K, and assets of $4.7M (revenue -46.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $551K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Capital New York Inc:
Data Sources and Methodology
This transparency report for Community Capital New York Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.