Public Charity

NEIGHBORHOOD REINVESTMENT CORPORATION

NEIGHBORHOOD REINVESTMENT CORPORATION is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2025 filing: $179.2M revenue, $182.5M expenses, $67.9M total assets. 27 publicly reported grants to this organization, totaling roughly $11.7M, appear in IRS filings.

EIN: 521148078 WASHINGTON, DC Latest filing: 2025
Total Revenue$179.2M
Total Expenses$182.5M
Total Assets$67.9M
Grant Records27
Funding Total$11.7M
Filing Years2021–2025

Mission

THE NEIGHBORHOOD REINVESTMENT CORPORATION (D.B.A NEIGHBORWORKS AMERICA) IS A CONGRESSIONALLY CHARTERED PUBLIC NON-PROFIT CORPORATION THAT CREATES OPPORTUNITIES FOR PEOPLE TO LIVE IN AFFORDABLE HOMES, IMPROVE THEIR LIVES, AND STRENGTHEN THEIR COMMUNITIES.

Where $100 goes at Neighborhood Reinvestment Corporation

How Neighborhood Reinvestment Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$94 Programs the work itself
$5 Management running the organization
$1 Fundraising raising the next dollar

Inside the $94 for programs

$54
Capacity building:capacity building refers to the practical assistance the corporation provides to strengthen the performance of neighborworks organizations to respond most effectively and efficiently to the needs of…
57% of program spending
$22
Preserving affordable housing:organizations construct new housing, repair and renovate existing housing, promote homeownership, and further mixed-income affordable housing opportunities
24% of program spending
$11
Training and informing
12% of program spending

Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Adrianne Todman
EVP & CIO Arturo Weldon
SVP, EVALUATION, LEADERSHIP Finn Susan B
CHIEF AUDIT EXECUTIVE Frederick Udochi
DIRECTOR Grovetta Gardineer
RVP, NORTHEAST REGION Joan M Straussman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,770,562 8 grants
Economic Development
$600,000 3 grants
Education
$59,900 2 grants
Research & Policy
$40,000 2 grants
Housing & Homelessness
$34,680 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $179.2M $182.5M $67.9M
2024 $205.7M $198.8M $75.2M
2023 $232.4M $220.0M $101.0M
2022 $227.3M $228.1M $85.8M
2021 $178.8M $187.4M $145.5M

Between 2021 and 2025, reported annual revenue held roughly steady at around $179.2M, with total assets most recently reported at $67.9M.

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

See the full picture for NEIGHBORHOOD REINVESTMENT CORPORATION

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