Public Charity

NEIGHBORHOOD REINVESTMENT CORPORATION

NEIGHBORHOOD REINVESTMENT CORPORATION is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $205.7M revenue, $198.8M expenses, $75.2M total assets. 25 publicly reported grants to this organization, totaling roughly $11.5M, appear in IRS filings.

EIN: 521148078 WASHINGTON, DC Latest filing: 2024
Total Revenue$205.7M
Total Expenses$198.8M
Total Assets$75.2M
Grant Records25
Funding Total$11.5M
Filing Years2020–2024

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.

Officers & Directors

BOARD VICE-CHAIR Adrianne Todman
EVP & CIO Arturo Weldon
CHIEF AUDIT EXECUTIVE Frederick Udochi
DIRECTOR Grovetta Gardineer
RVP, NORTHEAST REGION Joan M Straussman
EVP & CFO Kemba M Esmond

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$10,000,000 1 grant
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
$600,000 3 grants
GENERAL SUPPORT
$527,512 4 grants
TO PROVIDE GENERAL SUPPORT.
$60,000 1 grant
Unspecified
$52,468 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $187.7M $193.0M $54.4M

Between 2020 and 2024, reported annual revenue grew from $187.7M to $205.7M (+10%), with total assets most recently reported at $75.2M.

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

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