Nonprofit · EIN 33-1028007
NEW MARKETS TAX CREDIT COALITION
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,495,360 | $1,296,566 | $198,794 | $712,207 | $331,698 | $380,509 |
| December 31, 2024 | 990 | $934,422 | $1,010,158 | -$75,736 | $521,640 | $339,925 | $181,715 |
| December 31, 2023 | 990 | $980,340 | $918,201 | $62,139 | $496,570 | $239,119 | $257,451 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $592,250
- Membership dues
- $146,250
- Program service revenue
- $899,815
- Investment income
- $3,295
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,126
- Travel
- $11,050
- Program services (functional)
- $1,284,440
- Management and general (functional)
- $12,126
Balance sheet and other
- Total assets, start of year
- $521,640
- Total assets, end of year
- $712,207
- Total liabilities, end of year
- $331,698
- Net assets, end of year
- $380,509
- Publicly traded securities
- $16
- Net assets without donor restrictions
- $380,509
- Gross receipts
- $1,595,360
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- DC
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phil Glynn | President Trustee or director, Officer | 1 | $0 |
| Julia Nelmark | Vice President Trustee or director, Officer | 1 | $0 |
| Jennifer Novak | Treasurer Trustee or director, Officer | 1 | $0 |
| En Jung Kim | Secretary Trustee or director, Officer | 1 | $0 |
| James Bason | Director Trustee or director | 1 | $0 |
| Aisha Benson | Director Trustee or director | 1 | $0 |
| Kermit Billups | Director Trustee or director | 1 | $0 |
| Nelson Black III | Director Trustee or director | 1 | $0 |
| Jennifer Bransfield | Director Trustee or director | 1 | $0 |
| Sarah Brennan | Director Trustee or director | 1 | $0 |
| Douglas Bystry | Director Trustee or director | 1 | $0 |
| John Chamberlain | Director Trustee or director | 1 | $0 |
| Michael Cooper | Director Trustee or director | 1 | $0 |
| Heidi DeArment | Director Trustee or director | 1 | $0 |
| Scott Dewald | Director Trustee or director | 1 | $0 |
39 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tom Dolan | Director Trustee or director | 1 | $0 |
| Jennifer Donohoe | Director Trustee or director | 1 | $0 |
| Charles Edelen | Director Trustee or director | 1 | $0 |
| Victor Elmore | Director Trustee or director | 1 | $0 |
| Beth Fore | Director Trustee or director | 1 | $0 |
| Peter Giles | Director Trustee or director | 1 | $0 |
| Jamise Goodman | Director Trustee or director | 1 | $0 |
| Seth Harrop | Director Trustee or director | 1 | $0 |
| Dan Heffernan | Director Trustee or director | 1 | $0 |
| James Howard Jr | Director Trustee or director | 1 | $0 |
| Yvette Ittu | Director Trustee or director | 1 | $0 |
| Robert Jenkins | Director Trustee or director | 1 | $0 |
| Matt Josephs | Director Trustee or director | 1 | $0 |
| Dan Kane | Director Trustee or director | 1 | $0 |
| Debbie Kleban | Director Trustee or director | 1 | $0 |
| Stephen Kramer | Director Trustee or director | 1 | $0 |
| Amy Laughlin | Director Trustee or director | 1 | $0 |
| Lenwood Long Sr | Director Trustee or director | 1 | $0 |
| Daniel Marsh | Director Trustee or director | 1 | $0 |
| Jose Martinez | Director Trustee or director | 1 | $0 |
| Stephen McRae | Director Trustee or director | 1 | $0 |
| Christopher Miller | Director Trustee or director | 1 | $0 |
| Sandra Moore | Director Trustee or director | 1 | $0 |
| Michael Novogradac | Director Trustee or director | 1 | $0 |
| John Nunnery | Director Trustee or director | 1 | $0 |
| Harpreet Peleg | Director Trustee or director | 1 | $0 |
| Michael Phillips | Director Trustee or director | 1 | $0 |
| Radhika Reddy | Director Trustee or director | 1 | $0 |
| Leah Rogan | Director Trustee or director | 1 | $0 |
| Susan Seagren | Director Trustee or director | 1 | $0 |
| Joseph Summers | Director Trustee or director | 1 | $0 |
| Moddie Turay | Director Trustee or director | 1 | $0 |
| Cam Turner | Director Trustee or director | 1 | $0 |
| Traci Vaine | Director Trustee or director | 1 | $0 |
| Marcia Ventura | Director Trustee or director | 1 | $0 |
| Jose Villalobos | Director Trustee or director | 1 | $0 |
| Sam Walls | Director Trustee or director | 1 | $0 |
| Lee Winslett | Director Trustee or director | 1 | $0 |
| Emma Wyatt | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 53 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phil Glynn | President Trustee or director, Officer | 1 | $0 |
| Julia Nelmark | Vice President Trustee or director, Officer | 1 | $0 |
| Jennifer Novak | Treasurer Trustee or director, Officer | 1 | $0 |
| En Jung Kim | Secretary Trustee or director, Officer | 1 | $0 |
| Amir Ali | Director Trustee or director | 1 | $0 |
| James Bason | Director Trustee or director | 1 | $0 |
| Aisha Benson | Director Trustee or director | 1 | $0 |
| Sarah Brennan | Director Trustee or director | 1 | $0 |
| Kermit Billups | Director Trustee or director | 1 | $0 |
| Nelson Black III | Director Trustee or director | 1 | $0 |
| Jennifer Bransfield | Director Trustee or director | 1 | $0 |
| Douglas Bystry | Director Trustee or director | 1 | $0 |
| John Chamberlain | Director Trustee or director | 1 | $0 |
| Michael Cooper | Director Trustee or director | 1 | $0 |
| Heidi DeArment | Director Trustee or director | 1 | $0 |
| Scott Dewald | Director Trustee or director | 1 | $0 |
| Jennifer Donohoe | Director Trustee or director | 1 | $0 |
| victor Elmore | Director Trustee or director | 1 | $0 |
| Beth Fore | Director Trustee or director | 1 | $0 |
| Wendy Gessner | Director Trustee or director | 1 | $0 |
| Peter Giles | Director Trustee or director | 1 | $0 |
| Jamise Goodman | Director Trustee or director | 1 | $0 |
| Seth Harrop | Director Trustee or director | 1 | $0 |
| Dan Heffernan | Director Trustee or director | 1 | $0 |
| James Howard Jr | Director Trustee or director | 1 | $0 |
| Yvette Ittu | Director Trustee or director | 1 | $0 |
| Robert Jenkins | Director Trustee or director | 1 | $0 |
| Matt Josephs | Director Trustee or director | 1 | $0 |
| Amy Laughlin | Director Trustee or director | 1 | $0 |
| Lenwood Long Sr | Director Trustee or director | 1 | $0 |
| Daniel Marsh | Director Trustee or director | 1 | $0 |
| Jose Martinez | Director Trustee or director | 1 | $0 |
| Stephen McRae | Director Trustee or director | 1 | $0 |
| Christopher Miller | Director Trustee or director | 1 | $0 |
| Sandra Moore | Director Trustee or director | 1 | $0 |
| Michael Novogradac | Director Trustee or director | 1 | $0 |
| John Nunnery | Director Trustee or director | 1 | $0 |
| Harpreet Peleg | Director Trustee or director | 1 | $0 |
| Michael Phillips | Director Trustee or director | 1 | $0 |
| Radhika Reddy | Director Trustee or director | 1 | $0 |
| Leah Rogan | Director Trustee or director | 1 | $0 |
| Susan Seagren | Director Trustee or director | 1 | $0 |
| Priya Srinivasan | Director Trustee or director | 1 | $0 |
| Joseph Summers | Director Trustee or director | 1 | $0 |
| Moddie Turay | Director Trustee or director | 1 | $0 |
| Cam Turner | Director Trustee or director | 1 | $0 |
| Traci Vaine | Director Trustee or director | 1 | $0 |
| Marcia Ventura | Director Trustee or director | 1 | $0 |
| Jose Villalobos | Director Trustee or director | 1 | $0 |
| Laura Vowell | Director Trustee or director | 1 | $0 |
| Sam Walls | Director Trustee or director | 1 | $0 |
| Ira Weinstein | Director Trustee or director | 1 | $0 |
| Lee Winslett | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 53 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Aisha Benson | President Trustee or director, Officer | 1 | $0 |
| Phil Glynn | Vice President Trustee or director, Officer | 1 | $0 |
| Sandra Moore | Treasurer Trustee or director, Officer | 1 | $0 |
| Julia Nelmark | Secretary Trustee or director, Officer | 1 | $0 |
| Wendy Gessner | Director Trustee or director | 1 | $0 |
| Seth Harrop | Director Trustee or director | 1 | $0 |
| James Bason | Director Trustee or director | 1 | $0 |
| David Beck | Director Trustee or director | 1 | $0 |
| Kermit Billups | Director Trustee or director | 1 | $0 |
| Jennifer Bransfield | Director Trustee or director | 1 | $0 |
| Jennifer Donohue | Director Trustee or director | 1 | $0 |
| Nelson Black III | Director Trustee or director | 1 | $0 |
| Debbie La Franchi | Director Trustee or director | 1 | $0 |
| Yvette Ittu | Director Trustee or director | 1 | $0 |
| Matt Josephs | Director Trustee or director | 1 | $0 |
| Douglas Bystry | Director Trustee or director | 1 | $0 |
| John Chamberlain | Director Trustee or director | 1 | $0 |
| Heidi DeArment | Director Trustee or director | 1 | $0 |
| Scott Dewald | Director Trustee or director | 1 | $0 |
| David Gibson | Director Trustee or director | 1 | $0 |
| Jose Villalobos | Director Trustee or director | 1 | $0 |
| Lenwood Long Sr | Director Trustee or director | 1 | $0 |
| Victor Elmore | Director Trustee or director | 1 | $0 |
| James D Howard Jr | Director Trustee or director | 1 | $0 |
| Daniel Marsh | Director Trustee or director | 1 | $0 |
| Michael Cooper | Director Trustee or director | 1 | $0 |
| Jamise Goodman | Director Trustee or director | 1 | $0 |
| Jennifer Novak | Director Trustee or director | 1 | $0 |
| Peter Giles | Director Trustee or director | 1 | $0 |
| Dan Heffernan | Director Trustee or director | 1 | $0 |
| Harpreet Peleg | Director Trustee or director | 1 | $0 |
| Michael Novogradac | Director Trustee or director | 1 | $0 |
| Ira Weinstein | Director Trustee or director | 1 | $0 |
| Radhika Reddy | Director Trustee or director | 1 | $0 |
| Christopher Huang | Director Trustee or director | 1 | $0 |
| Michael Phillips | Director Trustee or director | 1 | $0 |
| Andrew Swary | Director Trustee or director | 1 | $0 |
| Catherine Kes | Director Trustee or director | 1 | $0 |
| En Jung Kim | Director Trustee or director | 1 | $0 |
| Joseph Summers | Director Trustee or director | 1 | $0 |
| Cam Turner | Director Trustee or director | 1 | $0 |
| Daniel Robeson | Director Trustee or director | 1 | $0 |
| Leah Rogan | Director Trustee or director | 1 | $0 |
| Stephen McRae | Director Trustee or director | 1 | $0 |
| Moddie Turay | Director Trustee or director | 1 | $0 |
| Marcia Ventura | Director Trustee or director | 1 | $0 |
| Jose Martinez | Director Trustee or director | 1 | $0 |
| Susan Seagren | Director Trustee or director | 1 | $0 |
| Traci Vaine | Director Trustee or director | 1 | $0 |
| Laura Vowell | Director Trustee or director | 1 | $0 |
| Lee Winslett | Director Trustee or director | 1 | $0 |
| John Stringfield | Director Trustee or director | 1 | $0 |
| Sam Walls | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1155 15TH STREET NW, WASHINGTON, DC 20005-2706
- In care of
- % ROBERT RAPOZA
- Principal officer (990 for 2025)
- Phil Glynn, 1155 15th Street NW, Washington, DC 20005
- Signed the 990
- Phil Glynn, President
- Phone
- (202) 393-5225
- Return prepared by
- Kronzek Fisher & Lopez PLLC
Mission
National membership organization representing Community Development Entities and investors working with NMTC. Ensuring that NMTC can effectively be used to attract private capital
Program accomplishments
- Timely online information with the Coalitions website and electronic newsletter, the NMTC Bulletin, continually provides updated analyses of regulations, policy developments and official notices; membership and networking provide an ideal way to discuss investment opportunities, development partnerships and learn from your peers and other experts in the field; the annual conference is held by the Coalition to provide members and others an opportunity to join veteran community developers, investors, policymakers and others at a national conference. The Coalition works with Members of Congress to extend the New Markets Tax Credit.Expenses $1,284,440
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-1028007
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W192)
- Assets (IRS master file)
- $712,207
- Income (IRS master file)
- $1,595,360
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,495,360 | $1,296,566 | $712,207 | XML |
| 990 | December 2024 | $934,422 | $1,010,158 | $521,640 | IRS |
| 990 | December 2023 | $980,340 | $918,201 | $496,570 | XML |
| 990 | December 2022 | $867,475 | $918,332 | $534,532 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 33-1028007).
Questions about NEW MARKETS TAX CREDIT COALITION
- What is the EIN of NEW MARKETS TAX CREDIT COALITION?
- The employer identification number (EIN) of NEW MARKETS TAX CREDIT COALITION is 33-1028007.
- Is NEW MARKETS TAX CREDIT COALITION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2004.
- Are donations to NEW MARKETS TAX CREDIT COALITION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW MARKETS TAX CREDIT COALITION 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 NEW MARKETS TAX CREDIT COALITION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW MARKETS TAX CREDIT COALITION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW MARKETS TAX CREDIT COALITION?
- The 990 for the year ended December 31, 2025 names Phil Glynn.
- Who are the officers and directors of NEW MARKETS TAX CREDIT COALITION?
- The 990 for the year ended December 31, 2025 lists 54 people; 0 received compensation from the organization.
- How much revenue does NEW MARKETS TAX CREDIT COALITION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,495,360, expenses of $1,296,566 and total assets of $712,207 at year end.
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