Public Charity

Neighborhood Finance Corporation

Neighborhood Finance Corporation is a nonprofit organization categorized as Public Charity based in Des Moines, IA. Its most recent IRS filing (2024) reports revenue of $11.4M, expenses of $7.2M, total assets of $114.2M. Imperigo tracks 15 reported grant relationships connected to this organization totaling approximately $4.2M.

EIN: 421353472 Des Moines, IA Latest filing: 2024
Total Revenue$11.4M
Total Expenses$7.2M
Total Assets$114.2M
Grant Records15
Funding Total$4.2M
Filing Years2019–2024

Mission

Neighborhood Finance Corporation provides unique lending programs and related services to facilitate neighborhood revitalization in Polk and Linn Counties through partnerships with residents, governments, community-based organizations, financial institutions and the business community.

Officers & Directors

Neighborhood Representativ Almardi Abdalla
Neighborhood Representativ Brenner Myers From 102224
City Of Des Moines Chris Johansen
Bankers Trust Cole Mcclelland
Neighborhood Representativ Danielle Rodriquez Until 080124
Polk County Public Works Dave Williamson

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$1,868,700 6 grants
EXPENDABLE GRANTS
$832,071 2 grants
Unspecified
$580,280 2 grants
HOMEOWNER REHAB
$531,336 3 grants
UNRESTRICTED
$345,740 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $11.4M $7.2M $114.2M
2023 $11.6M $7.2M $101.2M
2022 $6.8M $6.6M $94.7M
2020 $6.1M $6.0M $89.1M
2019 $10.7M $5.6M $90.6M

Between 2019 and 2024, reported annual revenue grew from $10.7M to $11.4M (+7%), with total assets most recently reported at $114.2M.

Interactive year-over-year charts and full filing details available with membership.

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