Neighborhood Reinvestment Corporation

WASHINGTON, DC EIN: 52-1148078 Website

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.

Financial Overview

From 2024 IRS Form 990-PF

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$64M$128M$192M$256M20202021202220232024
Metric202420232022
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

$0$36M$73M$109M$146M389 grants2020290 grants2021335 grants2022326 grants2023328 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COMMONBOND COMMUNITIES$706KAFFORDABLE HOMES & COMMU…$684KAVENUE COMMUNITY DEVELOP…$656KCHICANOS POR LA CAUSA INC$593KASIAN AMERICANS FOR EQUA…$563KCHAMPLAIN HOUSING TRUST$558KATLANTA NEIGHBORHOOD DEV…$540KCHINATOWN COMMUNITY DEVE…$535KAEON$515KCOASTAL ENTERPRISES INC$509K

Grant Size Distribution

250 grants across all recorded years

27<$50K6$50–100K18$100–250K61$250–500K101$500K–1M37$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Neighborhood Reinvestment Corporation fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARIETTA E RODRIGUEZPRESIDENT & CEO$226KSUSAN M IFILLEVP & COO$219KRUTLEDGE A SIMMONSEVP & GENERAL COUNSEL$215KKEMBA M ESMONDEVP & CFO$214KARTURO WELDONEVP & CIO$202KYONAS TESSEMASVP, CONTROLLER$195KSUSAN B FINNSVP, EVALUATION, LEADERSHIP$195KTINA R TRENTSVP, CORPORATE STRATEGY$192KJOAN M STRAUSSMANRVP, NORTHEAST REGION$191KTAYNA M FRETTSVP, ADMINISTRATIVE SERVICES$190KKIRSTEN T JOHNSON-OBEYSVP, PUBLIC POLICY & LEGIS.$190KVALERIE NAVY-DANIELSSVP, RESOURCE DEVELOPMENT$185KFREDERICK UDOCHICHIEF AUDIT EXECUTIVE$185K

From 2024 filing

NameTitleHoursCompensation
MARIETTA E RODRIGUEZPRESIDENT & CEO40$225,704
RUTLEDGE A SIMMONSEVP & GENERAL COUNSEL40$215,260
SUSAN M IFILLEVP & COO40$218,930
KEMBA M ESMONDEVP & CFO40$213,533
ARTURO WELDONEVP & CIO40$202,354
SUSAN B FINNSVP, EVALUATION, LEADERSHIP40$194,571
YONAS TESSEMASVP, CONTROLLER40$194,598
TINA R TRENTSVP, CORPORATE STRATEGY40$191,772
JOAN M STRAUSSMANRVP, NORTHEAST REGION40$190,902
TAYNA M FRETTSVP, ADMINISTRATIVE SERVICES40$190,488
KIRSTEN T JOHNSON-OBEYSVP, PUBLIC POLICY & LEGIS.40$189,781
VALERIE NAVY-DANIELSSVP, RESOURCE DEVELOPMENT40$185,059
FREDERICK UDOCHICHIEF AUDIT EXECUTIVE40$184,999
LISA D COOKBOARD CHAIR1
ADRIANNE TODMANBOARD VICE-CHAIR1
MARTIN GRUENBERGDIRECTOR1
RODNEY HOODDIRECTOR1
GROVETTA GARDINEERDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

52states
+44 more states

Cities

AberdeenAkronAlexandriaAnaholaAnchorageArlingtonAshevilleAtlantaAuroraAustinBaltimoreBangorBarreBaton RougeBeloitBereaBirminghamBloomingtonBoiseBoston

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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