Public Charity

NEIGHBORHOOD BUILDING CORPORATION

NEIGHBORHOOD BUILDING CORPORATION is a Public Charity headquartered in SPRINGFIELD, OR. Financial data from the 2024 filing: $5.4M revenue, $5.7M expenses, $1.2M total assets.

EIN: 931145888 SPRINGFIELD, OR Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$5.4M
Total Expenses$5.7M
Total Assets$1.2M
Grant Records0
Filing Years2019–2024

Mission

TO DEVELOP AND CONSTRUCT AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS AND FAMILIES THROUGHOUT OREGON.

Where $100 goes at Neighborhood Building Corporation

How Neighborhood Building Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Develop and construct permanently affordable community land trust homes in conjunction with corvallis neighborhood housing services and other nonprofit affordable community land trust developers throughout oregon
All program spending · Reported in the filing: 12 homes; 49 homes
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Albert Kong
SECRETARY Chrystal Shearer
CHIEF FINANCIAL OFFICER Corinne Carmody-Riley
CHAIR Cynthia Ledoux
VICE CHAIR Daniela Abrams
DIRECTOR Duane Walrod

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $5.4M $5.7M $1.2M
2023 $126K $126K $126K
2022 — — —
2020 — — —
2019 — — —

Between 2023 and 2024, reported annual revenue grew from $126K to $5.4M (+4216%), with total assets most recently reported at $1.2M.

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

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