Nonprofit · EIN 52-1148078
NEIGHBORHOOD REINVESTMENT CORP
Tax-exempt · WASHINGTON, DC 20002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $179,198,962 | $182,498,924 | -$3,299,962 | $67,919,697 | $44,006,262 | $23,913,435 |
| September 30, 2024 | 990 | $205,720,440 | $198,777,904 | $6,942,536 | $75,236,466 | $48,020,282 | $27,216,184 |
| September 30, 2023 | 990 | $232,444,681 | $219,987,893 | $12,456,788 | $100,999,064 | $80,725,732 | $20,273,332 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $170,513,532
- of which government grants
- $165,074,032
- Program service revenue
- $5,731,684
- Investment income
- $2,327,191
- Other revenue
- $626,555
Expenses
- Grants and similar amounts paid
- $99,888,313
- Compensation of officers, directors and key employees
- $2,012,605
- Other salaries and wages
- $35,317,553
- Salaries, compensation and benefits (total)
- $50,270,000
- Professional fundraising fees
- $0
- Legal fees
- $416,993
- Accounting fees
- $172,852
- Occupancy
- $4,355,369
- Travel
- $1,433,233
- Depreciation
- $880,819
- Program services (functional)
- $168,204,000
- Management and general (functional)
- $12,563,000
- Fundraising (functional)
- $1,731,924
Balance sheet and other
- Total assets, start of year
- $75,236,466
- Total assets, end of year
- $67,919,697
- Total liabilities, end of year
- $44,006,262
- Net assets, end of year
- $23,913,435
- Land, buildings and equipment
- $4,922,559
- Net assets without donor restrictions
- $18,334,435
- Net assets with donor restrictions
- $5,579,000
- Gross receipts
- $179,198,962
- Employees
- 338
- Volunteers
- 5
- Year formed
- 1978
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARIETTA E RODRIGUEZ | PRESIDENT & CEO Officer | 40 | $233,875 | $45,585 |
| SUSAN M IFILL | EVP & COO Officer | 40 | $218,744 | $57,092 |
| KEMBA M ESMOND | EVP & GENERAL COUNSEL Officer | 40 | $213,175 | $54,428 |
| ARTURO WELDON | EVP & CIO Officer | 40 | $210,512 | $54,476 |
| FINN SUSAN B | SVP, EVALUATION, LEADERSHIP Highest-paid employee | 40 | $200,647 | $53,994 |
| YONAS TESSEMA | SVP, CONTROLLER Key employee | 40 | $189,524 | $64,768 |
| JOAN M STRAUSSMAN | RVP, NORTHEAST REGION Highest-paid employee | 40 | $196,329 | $52,693 |
| KIRSTEN T JOHNSON-OBEY | SVP, PUBLIC POLICY & LEGISLATION Key employee | 40 | $184,972 | $63,962 |
| TINA R TRENT | SVP, CORPORATE STRATEGY AND IMPACT Highest-paid employee | 40 | $189,063 | $57,001 |
| TAYNA M FRETT | SVP, ADMINISTRATIVE SERVICES Highest-paid employee | 40 | $181,038 | $64,172 |
| VALERIE NAVY-DANIELS | SVP, RESOURCE DEVELOPMENT Highest-paid employee | 40 | $181,021 | $64,134 |
| FREDERICK UDOCHI | CHIEF AUDIT EXECUTIVE Key employee | 40 | $184,287 | $48,878 |
| NAKEASHA SANDERS-SMALL | EVP AND GENERAL COUNSEL Officer | 40 | $159,684 | $28,643 |
| RODNEY HOOD | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LISA D COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GROVETTA GARDINEER | DIRECTOR Trustee or director | 1 | $0 |
| MARTIN GRUENBERG | DIRECTOR Trustee or director | 1 | $0 |
| ADRIANNE TODMAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN M IFILL | EVP & COO Officer | 40 | $218,930 | $55,406 |
| MARIETTA E RODRIGUEZ | PRESIDENT & CEO Officer | 40 | $225,704 | $43,372 |
| KEMBA M ESMOND | EVP & CFO Officer | 40 | $213,533 | $53,443 |
| YONAS TESSEMA | SVP, CONTROLLER Key employee | 40 | $194,598 | $63,542 |
| TAYNA M FRETT | SVP, ADMINISTRATIVE SERVICES Highest-paid employee | 40 | $190,488 | $62,869 |
| KIRSTEN T JOHNSON-OBEY | SVP, PUBLIC POLICY & LEGIS. Key employee | 40 | $189,781 | $62,676 |
| JOAN M STRAUSSMAN | RVP, NORTHEAST REGION Highest-paid employee | 40 | $190,902 | $56,100 |
| SUSAN B FINN | SVP, EVALUATION, LEADERSHIP Highest-paid employee | 40 | $194,571 | $51,727 |
| TINA R TRENT | SVP, CORPORATE STRATEGY Highest-paid employee | 40 | $191,772 | $54,420 |
| ARTURO WELDON | EVP & CIO Officer | 40 | $202,354 | $43,273 |
| FREDERICK UDOCHI | CHIEF AUDIT EXECUTIVE Key employee | 40 | $184,999 | $60,505 |
| VALERIE NAVY-DANIELS | SVP, RESOURCE DEVELOPMENT Highest-paid employee | 40 | $185,059 | $56,427 |
| RUTLEDGE A SIMMONS | EVP & GENERAL COUNSEL Officer | 40 | $215,260 | $14,906 |
| LISA D COOK | BOARD CHAIR Trustee or director | 1 | $0 | $0 |
| ADRIANNE TODMAN | BOARD VICE-CHAIR Trustee or director | 1 | $0 | $0 |
| MARTIN GRUENBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RODNEY HOOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GROVETTA GARDINEER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SUSAN M IFILL | EXECUTIVE VP & COO Officer | 40 | $207,136 | $52,492 |
| MARIETTA E RODRIGUEZ | PRESIDENT & CEO Officer | 40 | $216,951 | $41,649 |
| RUTLEDGE A SIMMONS | EVP & GENERAL COUNSEL/SEC Officer | 40 | $192,890 | $58,289 |
| JOAN M STRAUSSMAN | RVP, NORTHEAST REGION Highest-paid employee | 40 | $183,601 | $59,971 |
| KEMBA M ESMOND | EVP & CHIEF FINANCIAL OFF. Officer | 40 | $201,046 | $41,556 |
| VALERIE NAVY-DANIELS | SVP, RESOURCE DEVELOPMENT Highest-paid employee | 40 | $182,679 | $59,563 |
| YONAS TESSEMA | SVP, CONTROLLER Key employee | 40 | $183,081 | $59,003 |
| FREDERICK UDOCHI | CHIEF AUDIT EXECUTIVE Key employee | 40 | $183,871 | $57,740 |
| TANYA M FRETT | SVP, ADMIN. SERVICES Highest-paid employee | 40 | $181,744 | $59,219 |
| KIRSTEN JOHNSON-OBEY | SVP, PUBLIC POLICY & LEGIS. Key employee | 40 | $179,686 | $58,402 |
| TINA R TRENT | SVP, Corporate Strategy Highest-paid employee | 40 | $186,941 | $50,364 |
| SUSAN B FINN | SVP, EVALUATION, LEADERSHIP Highest-paid employee | 40 | $180,938 | $48,288 |
| ARTURO WELDON | EVP & CHIEF INFORMATION Officer | 40 | $128,077 | $12,330 |
| LISA D COOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GROVETTA GARDINEER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTIN GRUENBERG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RODNEY E HOOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADRIANNE TODMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1255 UNION ST NE STE 500, WASHINGTON, DC 20002-8495
- In care of
- % JEFFERY BRYSON
- Principal officer (990 for 2024)
- MARIETTA RODRIGUEZ, 1255 UNION STREET NE 500, WASHINGTON, DC 20002
- Signed the 990
- MARIETTA RODRIGUEZ, PRESIDENT & CEO
- Phone
- (202) 760-4000
- Website
- WWW.NW.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
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.
Program accomplishments
- CAPACITY BUILDING:CAPACITY BUILDING REFERS TO THE PRACTICAL ASSISTANCE THE CORPORATION PROVIDES TO STRENGTHEN THE PERFORMANCE OF NEIGHBORWORKS ORGANIZATIONS TO RESPOND MOST EFFECTIVELY AND EFFICIENTLY TO THE NEEDS OF THEIR COMMUNITIES. THE CORPORATION EXPANDS THE CAPACITY OF NETWORK MEMBERS BY PROVIDING ONSITE TECHNICAL ASSISTANCE AND LIMITED FUNDING.Expenses $96,573,000 · grants $58,313,313
- PRESERVING AFFORDABLE HOUSING:ORGANIZATIONS CONSTRUCT NEW HOUSING, REPAIR AND RENOVATE EXISTING HOUSING, PROMOTE HOMEOWNERSHIP, AND FURTHER MIXED-INCOME AFFORDABLE HOUSING OPPORTUNITIES. THE CORPORATION ALSO SUPPORTS THE ORGANIZATIONS' HAZARD ABATEMENT, ENERGY CONSERVATION, POST PURCHASE COUNSELING, AND FORECLOSURE PREVENTION ACTIVITIES. EQUITY CAPITAL, IN THE FORM OF HIGHLY FLEXIBLE CORPORATION GRANTS TO LOCAL ORGANIZATIONS' REVOLVING LOAN FUNDS, IS ALSO VITALLY IMPORTANT. REVOLVING LOAN FUNDS ARE USED TO SUPPORT HOME REPAIRS, DOWN-PAYMENT AND CLOSING-COST ASSISTANCE, ENERGY CONSERVATION REPAIRS, COMMERCIAL AND SMALL BUSINESS LOANS, PREDEVELOPMENT COSTS, ACQUISITION OF PROBLEM PROPERTIES, AND A HOST OF OTHER INITIATIVES.Expenses $40,215,000 · grants $40,215,000
- HOUSING COUNSELING STABILITY PROGRAM:THE AMERICAN RESCUE PLAN PROVIDED FUNDING TO NEIGHBORWORKS AMERICA TO DESIGN AND ADMINISTER ITS HOUSING STABILITY COUNSELING PROGRAM (HSCP). THE HSCP IS ADMINISTERED NATIONWIDE AND AIMS TO HELP ELIGIBLE NONPROFIT AGENCIES THAT PROVIDE DIRECT COUNSELING SERVICES TO INDIVIDUALS AND FAMILIES FACING HOUSING INSTABILITY SUCH AS EVICTION, FORECLOSURE, AND HOMELESSNESS. THE HSCP INCREASES THE CAPACITY OF NEIGHBORWORKS AMERICA TO PROVIDE A HIGHER-LEVEL HOUSING COUNSELING THROUGH HUD-APPROVED HOUSING COUNSELING AGENCIES, STATE HOUSING FINANCE AGENCIES (SHFA), AND NEIGHBORWORKS ORGANIZATIONS (NWOS).Expenses $2,652,000 · grants $428,000
- TRAINING AND INFORMING: THROUGH COMMUNICATION, PUBLISHING, RESEARCH AND TRAINING FUNCTIONS, THE CORPORATION COLLECTS AND DISSEMINATES PERTINENT AND USEFUL INFORMATION FOR THE NEIGHBORWORKS NETWORK AND THE BROADER COMMUNITY DEVELOPMENT FIELD. THE CORPORATION IMPARTS THIS DATA AND INFORMATION THROUGH A VARIETY OF VEHICLES AND TRAINS AND INFORMS THE NETWORK AND REPRESENTATIVES OF THE BROADER INDUSTRY THROUGH NATIONAL AND REGIONAL TRAINING EVENTS, PUBLICATIONS, ON-LINE (AT WWW.NW.ORG), AND OTHER VENUES.Expenses $19,987,000 · grants $926,000 · revenue $5,731,684
- NATIONAL FORECLOSURE MITIGATION COUNSELING: THE NFMC PROGRAM IS DESIGNED TO PROVIDE MORTGAGE FORECLOSURE MITIGATION ASSISTANCE PRIMARILY TO STATES AND AREAS WITH HIGH RATES OF DEFAULTS AND FORECLOSURES PRIMARILY IN THE SUBPRIME HOUSING MARKET. THE CORPORATION, THROUGH THE STATE HOUSING FINANCE AGENCIES (HFAS), HUD-APPROVED HOUSING COUNSELING INTERMEDIARIES, AND COMMUNITY-BASED NEIGHBORWORKS ORGANIZATIONS, PROVIDES INVALUABLE, FREE ASSISTANCE TO FAMILIES AT RISK OF LOSING THEIR HOMES, HELPING CLIENTS TO UNDERSTAND THE COMPLEX FORECLOSURE PROCESS AND IDENTIFYING POSSIBLE COURSES OF ACTION TO ALLOW THEM TO MAKE INFORMED DECISIONS AND TAKE NECESSARY ACTIONS.Expenses $5,000 · grants $5,000
- ORGANIZATIONAL ASSESSMENT:THE CORPORATION PAYS CLOSE ATTENTION TO THE CAPACITY OF EACH NEIGHBORWORKS ORGANIZATION TO SUCCESSFULLY MANAGE PROGRAMMATIC RISKS AND TO ENSURE THEIR FINANCIAL AND ORGANIZATIONAL STABILITY. THE ORGANIZATIONAL ASSESSMENT FUNCTION EVALUATES ALL OF THE NEIGHBORWORKS NETWORK MEMBER TO SUCCESSFULLY PREDICT, MITIGATE, AND MANAGE RISK AND STEADILY INCREASE THE HEALTH, PERFORMANCE, PRODUCTIVITY, AND EFFECTIVENESS OF THE ORGANIZATIONS.Expenses $8,772,000 · grants $1,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 52-1148078
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1980
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $67,919,697
- Income (IRS master file)
- $179,198,962
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $179,198,962 | $182,498,924 | $67,919,697 | XML |
| 990 | September 2024 | $205,720,440 | $198,777,904 | $75,236,466 | XML |
| 990 | September 2023 | $232,444,681 | $219,987,893 | $100,999,064 | XML |
| 990 | September 2022 | $227,298,867 | $228,132,635 | $85,779,829 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1148078).
Questions about NEIGHBORHOOD REINVESTMENT CORP
- What is the EIN of NEIGHBORHOOD REINVESTMENT CORP?
- The employer identification number (EIN) of NEIGHBORHOOD REINVESTMENT CORP is 52-1148078.
- Is NEIGHBORHOOD REINVESTMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to NEIGHBORHOOD REINVESTMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEIGHBORHOOD REINVESTMENT CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEIGHBORHOOD REINVESTMENT CORP due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEIGHBORHOOD REINVESTMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of NEIGHBORHOOD REINVESTMENT CORP?
- The 990 for the year ended September 30, 2025 names MARIETTA RODRIGUEZ.
- Who are the officers and directors of NEIGHBORHOOD REINVESTMENT CORP?
- The 990 for the year ended September 30, 2025 lists 18 people; 13 received compensation from the organization, the highest $233,875 (MARIETTA E RODRIGUEZ, PRESIDENT & CEO).
- How much revenue does NEIGHBORHOOD REINVESTMENT CORP have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $179,198,962, expenses of $182,498,924 and total assets of $67,919,697 at year end.
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