Neighborhood Reinvestment Corporation
The Neighborhood Reinvestment Corporation, operating as NeighborWorks America, is a congressionally chartered public nonprofit corporation headquartered in Washington, DC. Established in 1978, the organization creates opportunities for people to live in affordable homes, improve their lives, and strengthen their communities. With a network of nearly 250 local organizations across all 50 states, Washington D.C., and Puerto Rico, NeighborWorks America has operated for over 45 years as a national leader in community development and housing access.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$75.2M
-25.5% YoY
Annual Giving
$115.5M
-15.5% YoY
Grant Count
328
+0.6% YoY
Avg Grant Size
$352K
-16.0% YoY
Mission & Focus Areas
Mission: NeighborWorks America creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.
Primary Focus Areas:
- Affordable housing development and access
- Housing counseling and stability
- Community and neighborhood development
- Capacity building for community organizations
- Financial capability and wealth building
- Homeownership support
- Community economic development
Grantmaking
NeighborWorks America provides grants, training, and technical assistance to its network of local organizations. The organization's grantmaking focuses on capacity building—providing onsite technical assistance and limited funding to strengthen the performance of network member organizations.
Ready to take the next step with Neighborhood Reinvestment Corporation?
Geographic Focus
Where this funder awards grants
NeighborWorks America funds organizations in all 50 states, Washington D.C., and Puerto Rico through its network of nearly 250 local organizations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023):
- Total Revenue: $232,444,681
- Total Expenses: $219,987,893
- Total Assets: $100,999,064
- Total Liabilities: $80,700,000
Prior Year Data (2023):
- Revenue: $232,000,000
- Expenses: $220,000,000
- Total Assets: $101,000,000
Staff: 344-352 employees
Tax Status: Designated as a 501(c)(3) organization; tax-exempt since March 1980; EIN: 52-1148078
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $75,236,466 | $100,999,064 | $85,779,829 |
| Revenue | $205,720,440 | $232,444,681 | $227,298,867 |
| Expenses | $198,777,904 | $219,987,893 | $228,132,635 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,836,621 | $3,565,328 | $371,910 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Commonbond Communities ($705,750), Affordable Homes & Communities ($683,750), Avenue Community Development Corporation ($656,490).
| Recipient | Purpose | Amount |
|---|---|---|
| A COMMUNITY OF FRIENDS LOS ANGELES, CA | GENERAL SUPPORT | $447,750 |
| ADIRONDACK ROOTS ELIZABETHTOWN, NY | GENERAL SUPPORT | $179,500 |
| AEON MINNEAPOLIS, MN | GENERAL SUPPORT | $514,750 |
| AFFORDABLE HOMES & COMMUNITIES ARLINGTON, VA | GENERAL SUPPORT | $683,750 |
| AFFORDABLE HOMES OF SOUTHTEXAS INC MCALLEN, TX | GENERAL SUPPORT | $437,700 |
| AFFORDABLE HOUSING ALLIANCE INC NEPTUNE, NJ | GENERAL SUPPORT | $307,750 |
| AFFORDABLE HOUSING RESOURCES INC NASHVILLE, TN | GENERAL SUPPORT | $366,500 |
| AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT (AHEAD) INC LITTLETON, NH | GENERAL SUPPORT | $283,460 |
| ALAMO COMMUNITY GROUP SAN ANTONIO, TX | GENERAL SUPPORT | $245,000 |
| ARBOR HOUSING AND DEVELOPMENT CORNING, NY | GENERAL SUPPORT | $268,750 |
Leadership & Key People
Leadership team and compensation from IRS filings
- President and Chief Executive Officer: Marietta Rodriguez
- Board Members: Lisa Cook, Grovetta Gardineer, Tanya Otsuka, Travis Hill
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARIETTA E RODRIGUEZ | PRESIDENT & CEO | 40 | $225,704 |
| RUTLEDGE A SIMMONS | EVP & GENERAL COUNSEL | 40 | $215,260 |
| SUSAN M IFILL | EVP & COO | 40 | $218,930 |
| KEMBA M ESMOND | EVP & CFO | 40 | $213,533 |
| ARTURO WELDON | EVP & CIO | 40 | $202,354 |
| SUSAN B FINN | SVP, EVALUATION, LEADERSHIP | 40 | $194,571 |
| YONAS TESSEMA | SVP, CONTROLLER | 40 | $194,598 |
| TINA R TRENT | SVP, CORPORATE STRATEGY | 40 | $191,772 |
| JOAN M STRAUSSMAN | RVP, NORTHEAST REGION | 40 | $190,902 |
| TAYNA M FRETT | SVP, ADMINISTRATIVE SERVICES | 40 | $190,488 |
| KIRSTEN T JOHNSON-OBEY | SVP, PUBLIC POLICY & LEGIS. | 40 | $189,781 |
| VALERIE NAVY-DANIELS | SVP, RESOURCE DEVELOPMENT | 40 | $185,059 |
| FREDERICK UDOCHI | CHIEF AUDIT EXECUTIVE | 40 | $184,999 |
| LISA D COOK | BOARD CHAIR | 1 | — |
| ADRIANNE TODMAN | BOARD VICE-CHAIR | 1 | — |
| MARTIN GRUENBERG | DIRECTOR | 1 | — |
| RODNEY HOOD | DIRECTOR | 1 | — |
| GROVETTA GARDINEER | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
NeighborWorks America has announced significant grant distributions in recent years, including $27.5 million in neighborhood stabilization grants distributed to 55 nonprofit organizations and $31.58 million in financial capability grants awarded to 66 nonprofit organizations. The organization continues to administer the Housing Counseling Stability Program nationwide, providing capacity building support to HUD-approved housing counseling agencies, state housing finance agencies, and NeighborWorks organizations.
NeighborWorks America awards $27.5 million in neighborhoodFrequently Asked Questions
What does Neighborhood Reinvestment Corporation fund?
**Mission:** NeighborWorks America creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities. **Primary Focus Areas:** • Affordable housing development and access • Housing counseling and stability • Community and neighborhood development • Capacity building for community organizations • Financial capability and wealth building • Homeownership support • Community economic development
How do I apply for a grant from Neighborhood Reinvestment Corporation?
NeighborWorks America provides grants, training, and technical assistance to its network of local organizations. The organization's grantmaking focuses on capacity building—providing onsite technical assistance and limited funding to strengthen the performance of network member organizations. **Grant Information:** • Typical award range: $5,500 to $3,000,000 • Total giving: $118,745,731 (based on most recent IRS 990 filing) • Recent grant announcements include $27.5 million in neighborhood stab…
Where does Neighborhood Reinvestment Corporation make grants?
NeighborWorks America funds organizations in all 50 states, Washington D.C., and Puerto Rico through its network of nearly 250 local organizations.
What size grants does Neighborhood Reinvestment Corporation award?
In 2024, Neighborhood Reinvestment Corporation awarded 328 grants totaling $115.5M — an average of about $352K per grant, based on its IRS Form 990 filings.
What is Neighborhood Reinvestment Corporation's EIN?
Neighborhood Reinvestment Corporation's EIN (Employer Identification Number) is 52-1148078. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Neighborhood Reinvestment Corporation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Demand Justice Initiative
WASHINGTON, DC
Assets
$7.6M
Grants
1
Total Given
$225K
American Academic Leadership Institute
WASHINGTON, DC
Assets
$3.6M
Grants
2
Total Given
$50K
Cnfa
WASHINGTON, DC
Assets
$18.3M
Grants
9
Total Given
$4.2M
Partnership for a Healthier America
WASHINGTON, DC
Assets
$10.8M
Grants
12
Total Given
$350K
Association of Schools of Allied Health
WASHINGTON, DC
Assets
$2.3M
Grants
2
Total Given
$60K
Fulcrum Foundation Inc
WASHINGTON, DC
Assets
$53K
Grants
10
Total Given
$13K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Neighborhood Reinvestment Corporation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Neighborhood Reinvestment Corporation to a real strategy.