Neighborhood Reinvestment Corporation
Neighborhood Reinvestment Corporation, doing business as NeighborWorks America, is a congressionally chartered public nonprofit corporation based in Washington, DC. It is listed as a public charity and states that its mission is to create opportunities for people to live in affordable homes, improve their lives, and strengthen their communities.
Neighborhood Reinvestment Corporation at a glance
In short: Neighborhood Reinvestment Corporation gave $99.2M across 284 grants in 2025 (avg $349K), top state California. 4% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $99,212,966
- -14.1% vs 2024
- Grants made (2025)
- 284
- -13.4% vs 2024
- Average grant
- $349,341
- -0.8% vs 2024
- Median grant
- $337,300
- Total assets
- $67,919,697
- -9.7% vs 2024
- New grantees (estimate)
- 4% first-time grantees (10 of 284, 2025)
- Primary geography
- California (10% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Neighborhood Reinvestment Corporation
- Contact
Mailing address: 1255 Union Street Ne 500, Washington, DC 20002
Phone: (202) 760-4000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Neighborhood Reinvestment Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Community Housing Capital Inc ($2.5M). Together the top 10 received $10.2M.
Grant Size Distribution
1,563 grants across all recorded years
The most common grant size was in the $250–500K range: 812 grants of 1,563 (52%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were distributed among recipients in many states. The largest reported state shares were California (10%), New York (6%), Massachusetts (5%), Maryland (4%), and Florida (4%).
Grant Distribution by State
Share of 2025 grant dollars across all 284 itemized grants.
States
Cities
Is Neighborhood Reinvestment Corporation open to new grantees?
4%
first-time grantees, 2025
In 2025, 10 of 284 grantees (4%) were first-time recipients. First grants averaged $191K; repeat grants $355K. How we count
Medians: $257K first-time, $342K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $96.2M (2019) to $145.7M (2022). In 2025 it made 284 grants totaling $99.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Housing Capital Inc Decatur, GA | General Support | $2,500,000 |
| Neighborworks Capital Corporation Silver Spring, MD | General Support | $2,500,000 |
| Neighborhood Housing Services of Los Angeles County Los Angeles, CA | General Support | $708,600 |
| Commonbond Communities St. Paul, MN | General Support | $672,750 |
| Mountain Housing Opportunities Inc Asheville, NC | General Support | $658,000 |
| Homeport Columbus, OH | General Support | $654,667 |
| Dhic Inc Raleigh, NC | General Support | $641,927 |
| Neighborhood Partnership Housing Services Rancho Cucamonga, CA | General Support | $640,125 |
| Tenderloin Neighborhood Development Corporation San Francisco, CA | General Support | $633,250 |
| Affordable Homes & Communities Arlington, VA | General Support | $616,750 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $67,919,697 | $179,198,962 | $182,498,924 | $99,212,966 | 284 | $2,327,191 |
| 2024 | $75,236,466 | $205,720,440 | $198,777,904 | $115,454,119 | 328 | $3,836,621 |
| 2023 | $100,999,064 | $232,444,681 | $219,987,893 | $136,613,728 | 326 | $3,565,328 |
| 2022 | $85,779,829 | $227,298,867 | $228,132,635 | $145,678,173 | 335 | $371,910 |
| 2021 | $145,512,827 | $178,835,450 | $187,377,597 | $108,173,721 | 290 | $9,282 |
| 2020 | $54,358,639 | $187,707,594 | $193,012,966 | $104,237,189 | 389 | $385,374 |
| 2019 | $61,198,148 | $172,554,294 | $199,580,101 | $96,246,487 | 364 | $1,299,842 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is to create opportunities for people to live in affordable homes, improve their lives, and strengthen their communities.
Its stated programs include practical assistance and limited funding to strengthen NeighborWorks organizations; support for organizations that construct, repair, and renovate housing, promote homeownership, and advance mixed-income affordable housing opportunities; and the nationwide Housing Stability Counseling Program for eligible nonprofit agencies serving people facing eviction, foreclosure, and homelessness. It also provides training, research, publishing, and information for its network and the broader community development field.
The 2025 grantees listed include housing organizations and community development lenders. NeighborWorks Capital Corporation describes its mission as delivering flexible capital to NeighborWorks America affiliates for affordable homes and stronger communities. Community Housing Capital describes its mission as expanding quality affordable housing through loan products and sustainable loan capital for the NeighborWorks network. Neighborhood Housing Services of Los Angeles County says it works with residents, businesses, and government representatives to strengthen neighborhoods and improve quality of life for families of modest means. Mountain Housing Opportunities says it provides affordable housing for low-income people in Buncombe County and surrounding areas of North Carolina.
Grantmaking
In filing year 2025, the organization reported 284 grants totaling $99,212,966. Grants ranged from $6,250 to $2,500,000, with a median grant of $337,300. The largest listed awards were $2,500,000 each to Community Housing Capital Inc. and NeighborWorks Capital Corporation, both for general support. Other large awards included $708,600 to Neighborhood Housing Services of Los Angeles County and $672,750 to CommonBond Communities, also for general support.
The organization’s filing describes capacity-building support as including onsite technical assistance and limited funding. Its filing also says it monitors grantee compliance through business health assessments and an organizational health tracking process.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Rodney Hood as chair. Directors listed are Lisa D. Cook, Grovetta Gardineer, Martin Gruenberg, and Adrianne Todman. Marietta E. Rodriguez is listed as president and CEO; Susan M. Ifill as executive vice president and COO; Kemba M. Esmond and Nakeasha Sanders-Small as executive vice presidents and general counsel; and Arturo Weldon as executive vice president and CIO.
Neighborhood Reinvestment Corporation is led by Marietta E. Rodriguez, President & CEO since 2020 (on filings since 2019); 13 of 18 officers listed in 2025 are compensated.
Officers on the 2025 filing
Marietta E. Rodriguez
President & CEO
President & Chief Executive Officer → President & CEO, 2020
On filings since 2019
40 hrs/week
$192K (2019) → $234K (2025)
Rodney E. Hood
Chair
Director → Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Grovetta Gardineer
Director
On filings since 2019
1 hr/week
No compensation reported
Martin Gruenberg
Director
Chair → Director, 2021
On filings since 2019
1 hr/week
No compensation reported
Adrianne Todman
Director
Director → Board Vice Chair, 2024
Board Vice Chair → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Lisa D. Cook
Director
Director → Board Chair, 2024
Board Chair → Director, 2025
On filings since 2023
1 hr/week
No compensation reported
Frederick Udochi
Chief Audit Executive
On filings since 2020
40 hrs/week
$172K (2020) → $184K (2025)
Joan M. Straussman
Rvp & Northeast Region
On filings since 2020
40 hrs/week
$174K (2020) → $196K (2025)
Kirsten T. Johnson-Obey
Senior Vice President, Public Policy & Legislation
Senior Vice President, Public Policy & Legis. → Senior Vice President, Public Policy & Legislation, 2025
On filings since 2020
40 hrs/week
$177K (2020) → $185K (2025)
Tayna M. Frett
Senior Vice President & Administrative Services
On filings since 2020
40 hrs/week
$170K (2020) → $181K (2025)
Tina R. Trent
Senior Vice President, Corporate Strategy & Impact
Senior Vice President & Csi → Senior Vice President & Corporate Strategy, 2023
Senior Vice President & Corporate Strategy → Senior Vice President, Corporate Strategy & Impact, 2025
On filings since 2020
40 hrs/week
$166K (2020) → $189K (2025)
Yonas Tessema
Senior Vice President & Controller
On filings since 2020
40 hrs/week
$180K (2020) → $190K (2025)
Susan M. Ifill
Executive Vice President & COO
On filings since 2021
40 hrs/week
$205K (2021) → $219K (2025)
Kemba M. Esmond
Executive Vice President & General Counsel
Executive Vice President & Chief Financial Officer → Executive Vice President & CFO, 2024
Executive Vice President & CFO → Executive Vice President & General Counsel, 2025
On filings since 2022
40 hrs/week
$128K (2022) → $213K (2025)
Valerie Navy-Daniels
Senior Vice President & Resource Development
On filings since 2022
40 hrs/week
$180K (2022) → $181K (2025)
Arturo Weldon
Executive Vice President & CIO
Executive Vice President & Chief Information → Executive Vice President & CIO, 2024
On filings since 2023
40 hrs/week
$128K (2023) → $211K (2025)
Finn Susan B.
Senior Vice President, Evaluation & Leadership
New on the 2025 filing
40 hrs/week
$201K (2025)
Nakeasha Sanders-Small
Executive Vice President & General Counsel
New on the 2025 filing
40 hrs/week
$160K (2025)
Former officers (24)
- Former: Rutledge A. Simmons (2019–2024) — Executive Vice President & General Counsel
- Former: Susan B. Finn (2019–2024) — Senior Vice President, Evaluation & Leadership
- Former: Tanya M. Frett (2022–2023) — Senior Vice President & Administrator Services
- Former: Margaret A. Grieve (2019–2022) — Vice President & Success Measures
- Former: Michelle Bowman (2019–2022) — Director
- Former: Rebecca R Bond (2019–2021) — Executive Vice President & Chief Financial Officer
- Former: Tasha M Harris (2019–2021) — Vice President & Program Operations
- Former: Kathryn E Titford (2021) — Senior Vice President & Deputy General Counsel
- Former: Brian Montgomery (2019–2020) — Director
- Former: Lael Brainard (2019–2020) — Director
- Former: Donald R. Phoenix (2020) — Rvp & Southern Region
- Former: J Mark McWatters (2020) — Director
- Former: Kevin B. Morris (2020) — Senior Vice President & Organizational Asses
- Former: Shelia M. Rice (2020) — Acting Executive Vice President & COO
- Former: Tiffany H. Lawrence (2020) — Senior Vice President & Human Resources
- Former: Tonya L Tyler (2020) — Vice President & National Initiatives
- Former: Wayne S Bowman (2020) — Senior Vice President & Information Technology
- Former: Gary Wolfe (2019) — Rvp & Western Region
- Former: Jeffery Bryson (2019) — Acting President & CEO
- Former: Kristen Johnson-Obey (2019) — Senior Vice President, Public Policy & Legi
- Former: Mark McWatters (2019) — Director
- Former: Pamela Patenaude (2019) — Director
- Former: Thomas Chabolla (2019) — Executive Vice President & COO
- Former: Thomas Hoenig (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $234K, to Marietta E Rodriguez (President & CEO). 13 officers or directors reported compensation on that filing.
Frequently asked questions about Neighborhood Reinvestment Corporation
How much does Neighborhood Reinvestment Corporation give each year?
Neighborhood Reinvestment Corporation gave $99.2M across 284 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $115.5M across 328 grants.
What is Neighborhood Reinvestment Corporation's typical grant size?
Neighborhood Reinvestment Corporation's median grant in 2025 was $337,300, and its average grant was $349,341, across 284 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Neighborhood Reinvestment Corporation that year got $191K on average.
Where does Neighborhood Reinvestment Corporation give grants?
Neighborhood Reinvestment Corporation's top state is California, with 10% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were New York (6%) and Massachusetts (5%). The most frequent recipient cities were San Francisco, CA (4 grants), Phoenix, AZ (4 grants), Atlanta, GA (4 grants) and Sacramento, CA (4 grants).
Does Neighborhood Reinvestment Corporation give general operating support?
Yes: 100% of Neighborhood Reinvestment Corporation's 2025 grants with a stated purpose (284 of 284) were for general or operating support, per its 2025 IRS Form 990.
Who are Neighborhood Reinvestment Corporation's largest grantees?
Neighborhood Reinvestment Corporation's largest 2025 grantees include Community Housing Capital Inc ($2,500,000), Neighborworks Capital Corporation ($2,500,000) and Neighborhood Housing Services of Los Angeles County ($708,600), according to its 2025 IRS Form 990. Together they received 6% of its itemized 2025 grant dollars.
How large is Neighborhood Reinvestment Corporation?
Neighborhood Reinvestment Corporation reported $67.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $179.2M.
What does Neighborhood Reinvestment Corporation fund?
The organization’s stated mission is to create opportunities for people to live in affordable homes, improve their lives, and strengthen their communities. See mission & focus areas ↑
How do I apply for a grant from Neighborhood Reinvestment Corporation?
Neighborhood Reinvestment Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 29, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 4, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 26, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 6, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS July 29, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Neighborhood Reinvestment Corporation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/neighborhood-reinvestment-corporation-morg_0721eb5934764b80b25520c69351334a
BibTeX
@misc{grantable_521148078_2026,
author = {{Grantable}},
title = {{Neighborhood Reinvestment Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/neighborhood-reinvestment-corporation-morg_0721eb5934764b80b25520c69351334a},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Neighborhood Reinvestment Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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