Nyc Neighborhood Capital Corporation

Mission

THE PRIMARY MISSION OF THE CORPORATION IS TO CARRY OUT CHARITABLE OPERATIONS OF THE CITY OF NEW YORK. MORE SPECIFICALLY, THE CORPORATION IS ORGANIZED TO OPERATE AS A QUALIFIED COMMUNITY DEVELOPMENT ENTITY ("CDE") UNDER THE FEDERAL NEW MARKETS TAX CREDIT ("NMTC") PROGRAM, TO FORM AND MANAGE SUBSIDIARY LIMITED LIABILITY COMPANIES (WHICH ARE ALSO CERTIFIED AS CDES) TO RECEIVE EQUITY CONTRIBUTIONS THAT WILL BE UTILIZED PRIMARILY TO MAKE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS IN THE CORPORATION'S "SERVICE AREA" OF THE CITY OF NEW YORK, AND TO ENGAGE IN ACTIVITIES THAT WOULD FURTHER THE INTERESTS OF THE CITY OF NEW YORK.

NEW YORK NY | EIN: 47-1562167
Is this your nonprofit?
501(c)(3) organization
ONE LIBERTY PLAZA,
NEW YORK NY 10006-1404
https://EDC.NYC/NYCNCC
347-672-6298

Nyc Neighborhood Capital Corporation

Mission

THE PRIMARY MISSION OF THE CORPORATION IS TO CARRY OUT CHARITABLE OPERATIONS OF THE CITY OF NEW YORK. MORE SPECIFICALLY, THE CORPORATION IS ORGANIZED TO OPERATE AS A QUALIFIED COMMUNITY DEVELOPMENT ENTITY ("CDE") UNDER THE FEDERAL NEW MARKETS TAX CREDIT ("NMTC") PROGRAM, TO FORM AND MANAGE SUBSIDIARY LIMITED LIABILITY COMPANIES (WHICH ARE ALSO CERTIFIED AS CDES) TO RECEIVE EQUITY CONTRIBUTIONS THAT WILL BE UTILIZED PRIMARILY TO MAKE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS IN THE CORPORATION'S "SERVICE AREA" OF THE CITY OF NEW YORK, AND TO ENGAGE IN ACTIVITIES THAT WOULD FURTHER THE INTERESTS OF THE CITY OF NEW YORK.

NEW YORK NY | EIN: 47-1562167
Is this your nonprofit?
501(c)(3) organization
ONE LIBERTY PLAZA,
NEW YORK NY 10006-1404
https://EDC.NYC/NYCNCC
347-672-6298

Beacon Report

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  • Good
  • Needs Improvement
  • Poor
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  • Additional Information
Accountability Panel
ScoreMetric
100%
Website Reported on Tax Form:Yes
100%
No Material Diversion of Assets:Yes
100%
Financial Statements:Yes
100%
Records Retention Policy:Yes
0%
Tax Form Disclosed on Website:No
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