Organizations Filed Purposes:
SUPPORT HOUSING COOPERATIVES AND CONDOMINIUMS
2020 WAS A YEAR OF CHALLENGES, WHICH CNYC MET QUITE SUCCESSFULLY, CONSIDERING THE CIRCUMSTANCES. CNYC'S OFFICE LEASE EXPIRED IN JUNE AFTER 15 YEARS AT THAT LOCATION AND SO IN MID PANDEMIC, THE OFFICE WAS PACKED UP, MOVED THREE BLOCKS AND REORGANIZED AT THE NEW LOCATION. VIRTUALLY ALL COMMUNICATION WITH MEMBERS WAS DONE VIA E-MAIL AND CNYC'S CLASSES AND ANNUAL CONFERENCE WERE MODIFIED FOR PRESENTATION ONLINE.
IN APRIL, CNYC APPLIED FOR AN EIDL LOAN FROM THE SMALL BUSINESS ADMINISTRATION TO HELP COVER LOSS OF REVENUE CAUSED BY THE PANDEMIC (BECAUSE RESERVES WERE STILL IN PLACE TO COVER BASIC OPERATING COSTS, CNYC DID NOT APPLY FOR THE $10,000 GRANT ALSO AVAILABLE). CNYC WAS NOTIFIED IN JUNE THAT IT HAD QUALIFIED FOR THIS LOAN AND RECEIVED THE FUNDS ON JUNE 16TH. ALTHOUGH INTEREST PAYMENTS WEREN'T DUE UNTIL JUNE OF 2021, THE SMALL BUSINESS ADMINISTRATION ADVISED BY LETTER IN SEPTEMBER THAT INTEREST WAS ACCRUING AND THAT CNYC HAD THE OPTION OF BEGINNING INTEREST PAYMENTS EARLIER. CNYC OPTED TO BEGIN PAYING INTEREST MONTHLY ON THE LOAN.
MEMBERSHIP RENEWALS SLOWED TO A TRICKLE IN THE EARLY MONTHS OF THE PANDEMIC BUT RECOVERED OVER THE SUMMER MONTHS, SO THAT BY THE END OF THE YEAR DUES WERE PAID BY 906 COOPERATIVES AND CONDOMINIUMS, INCLUDING 13 NEW MEMBERS. 62 PROFESSIONALS RENEWED THEIR AFFILIATION WITH THE COUNCIL AND 4 NEW PROFESSIONALS JOINED THIS YEAR. THEY ALL RECEIVED CNYC NOTICES AND PUBLICATIONS, INCLUDING THE COMPARATIVE STUDY OF 2018 OPERATING COST, AND WERE ABLE TO AVAIL THEMSELVES OF THE BENEFITS OF THE ORGANIZATION AT NO COST OR AT SPECIAL MEMBER AND AFFILIATE RATES. SINCE 2017, MEMBERSHIP IN THE NATIONAL ASSOCIATION OF HOUSING COOPERATIVES (NAHC) BECAME MANDATORY FOR CNYC MEMBERS. THE NEW PROGRAM GIVES ALL CNYC MEMBERS FULL MEMBERSHIP RIGHTS AT NAHC, WHOSE ADVOCACY FUNCTION WITH THE FEDERAL GOVERNMENT IS VERY IMPORTANT TO CNYC.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Mary Ann Rothman | SEC'Y/EXEC DIR | 60 | $84,000 |
| Mark B Shernicoff | ASSISTANT TREASURER | 0 | $0 |
| Elyse Waldinger | DIRECTOR | 0 | $0 |
| Michael Wolfe | DIRECTOR | 0 | $0 |
| Robert Pollack | DIRECTOR | 0 | $0 |
| Marleen Levi | DIRECTOR | 0 | $0 |
| Mary Fischer | DIRECTOR | 0 | $0 |
| Peter Varsalona | DIRECTOR | 0 | $0 |
| Gregory Carlson | TREASURER | 0 | $0 |
| Arthur I Weinstein | VICE PRESIDENT | 0 | $0 |
| Marc J Luxemburg | PRESIDENT | 0 | $0 |
| Stuart M Saft | CHAIRMAN | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202101339349303200_public.xml