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Nonprofit · EIN 52-6054476

NEIGHBORGOOD PARTNERS INC

Tax-exempt · DOVER, DE 19904

Financials

$7.9M$5.8M2022$10.8M$6.1M2023$11.5M$6.5M2024
Revenue Expenses · by fiscal year end
Financials of NEIGHBORGOOD PARTNERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$11,547,999$6,517,573$5,030,426$54,149,635$22,153,011$31,996,624
September 30, 2024990$10,837,538$6,069,826$4,767,712$47,085,570$21,060,314$26,025,256
September 30, 2023990$7,900,254$5,759,301$2,140,953$42,526,207$22,903,851$19,622,356
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$9,358,307
of which government grants
$3,191,785
Program service revenue
$1,738,434
Investment income
$425,338
Net income from fundraising events
$7,797
Other revenue
$25,920

Expenses

Grants and similar amounts paid
$9,000
Compensation of officers, directors and key employees
$192,183
Other salaries and wages
$2,925,112
Salaries, compensation and benefits (total)
$3,841,295
Professional fundraising fees
$0
Legal fees
$11,708
Accounting fees
$35,000
Occupancy
$53,130
Travel
$107,524
Depreciation
$88,550
Program services (functional)
$5,557,898
Management and general (functional)
$841,444
Fundraising (functional)
$118,231

Balance sheet and other

Total assets, start of year
$47,085,570
Total assets, end of year
$54,149,635
Total liabilities, end of year
$22,153,011
Net assets, end of year
$31,996,624
Land, buildings and equipment
$7,336,154
Publicly traded securities
$12,738,004
Net assets without donor restrictions
$30,903,628
Net assets with donor restrictions
$1,092,996
Gross unrelated business income
$18,123
Gross receipts
$11,560,001
Employees
51
Volunteers
47
Year formed
1955
State of legal domicile
DE

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.

NameTitleHours / weekCompensationOther / benefits
KAREN SPEAKMANEXECUTIVE DIRECTOR
Key employee
40$165,039$13,449
J RANDALL KUNKLEPRESIDENT
Trustee or director, Officer
1$0$0
JOHN G MOOREVICE PRESIDENT
Trustee or director, Officer
1$0$0
ANTHONY DEPRIMATREASURER
Trustee or director, Officer
1$0$0
TRACEY HARVEYSECRETARY
Trustee or director, Officer
1$0$0
KIM ADAMSBOARD MEMBER
Trustee or director
1$0$0
PEGGY M GEISLERBOARD MEMBER
Trustee or director
1$0$0
C DENISE HICKSBOARD MEMBER
Trustee or director
1$0$0
JANAID KAREEMBOARD MEMBER
Trustee or director
1$0$0
DANIEL S KUENNENBOARD MEMBER
Trustee or director
1$0$0
JAYCE R LESNIEWSKIBOARD MEMBER
Trustee or director
1$0$0
CARLA MANNINGSBOARD MEMBER
Trustee or director
1$0$0
NICHOLE PIPERBOARD MEMBER
Trustee or director
1$0$0
SARAH RHINEBOARD MEMBER
Trustee or director
1$0$0
CHRISTELLA ST JUSTEBOARD MEMBER
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
AMY WALLSBOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2024: 16 people
NameTitleHours / weekCompensation
Karen SpeakmanExecutive Director
Key employee, Highest-paid employee
40$126,428
J Randall KunklePresident
Trustee or director, Officer
0$0
John G MooreVice President
Trustee or director, Officer
0$0
Anthony DePrimaTreasurer
Trustee or director, Officer
0$0
Tracey HarveySecretary
Trustee or director, Officer
0$0
Kim AdamsBoard Member
Trustee or director
0$0
Peggy M GeislerBoard Member
Trustee or director
0$0
C Denise HicksBoard Member
Trustee or director
0$0
Janaid KareemBoard Member
Trustee or director
0$0
Daniel S KuennenBoard Member
Trustee or director
0$0
Jayce R LesniewskiBoard Member
Trustee or director
0$0
Carla ManningsBoard Member
Trustee or director
0$0
Nichole PiperBoard Member
Trustee or director
0$0
Sarah RhineBoard Member
Trustee or director
0$0
Christella St JusteBoard Member
Trustee or director
0$0
Amy WallsBoard Member
Trustee or director
0$0
990 for the year ended September 30, 2023: 16 people
NameTitleHours / weekCompensation
Karen SpeakmanExecutive Director
Key employee, Highest-paid employee
40$123,360
J Randall KunklePresident
Trustee or director, Officer
0$0
John G MooreVice President
Trustee or director, Officer
0$0
Anthony DePrimaTreasurer
Trustee or director, Officer
0$0
Tracey HarveySecretary
Trustee or director, Officer
0$0
Kim AdamsBoard Member
Trustee or director
0$0
Peggy M GeislerBoard Member
Trustee or director
0$0
C Denise HicksBoard Member
Trustee or director
0$0
Janaid KareemBoard Member
Trustee or director
0$0
Daniel S KuennenBoard Member
Trustee or director
0$0
Jayce R LesniewskiBoard Member
Trustee or director
0$0
Carla ManningsBoard Member
Trustee or director
0$0
Nichole PiperBoard Member
Trustee or director
0$0
Sarah RhineBoard Member
Trustee or director
0$0
Christella St JusteBoard Member
Trustee or director
0$0
Amy WallsBoard Member
Trustee or director
0$0

Address and contacts

Address (IRS master file)
363 SAULSBURY RD, DOVER, DE 19904-2722
Principal officer (990 for 2024)
KAREN SPEAKMAN, 363 SAULSBURY ROAD, DOVER, DE 199042722
Signed the 990
KAREN SPEAKMAN, EXECUTIVE DIRECTOR
Phone
(302) 678-9400
Return prepared by
BARBACANE THORNTON & COMAPNY LLP

Mission

TO STRENGTHEN COMMUNITIES THROUGH HOUSING, LENDING, AND EDUCATION.

990 for the year ended September 30, 2025

Program accomplishments

  • LOAN FUND: NEIGHBORGOOD PARTNERS IS CERTIFIED BY THE TREASURY DEPARTMENT AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND AS SUCH HAS A LOAN FUND WHICH LENDS PRIMARILY TO NONPROFIT BORROWERS ON THE DELMARVA PENINSULA FOR THE PURPOSES OF AFFORDABLE HOUSING, COMMUNITY FACILITIES AND ECONOMIC DEVELOPMENT. LOAN PURPOSES ARE TYPICALLY PREDEVELOPMENT, ACQUISITION, AND/OR CONSTRUCTION FOR SINGLE-FAMILY AND MULTI-FAMILY HOUSING, NEIGHBORHOOD REVITALIZATION AND COMMUNITY-BASED FACILITIES, AS WELL AS WORKING CAPITAL. LOANS ARE UNDERWRITTEN BY STAFF AND APPROVED BY THE LOAN FUND COMMITTEE OF THE BOARD. NEIGHBORGOOD PARTNERS, AS A SHORT-TERM LENDER, SEEKS INVESTMENTS AND LOAN PARTICIPATIONS FOR CAPITAL TO LEND. ACTIVITY INCLUDED 20 NEW LOANS, TOTALING $14.2 MILLION WITH 63 LOANS BEING SERVICED OVERALL.
    Expenses $2,148,412 · revenue $141,948
  • SELF-HELP HOUSING TECHNICAL AND MANAGEMENT ASSISTANCE: NEIGHBORGOOD PARTNERS PROVIDES TECHNICAL AND MANAGEMENT ASSISTANCE (T&MA) TO LOCAL SELF-HELP HOUSING GRANTEES IN A 21 STATE REGION OF THE NORTHEAST AND NORTH CENTRAL AREAS OF THE UNITED STATES THROUGH A CONTRACT WITH USDA'S RURAL HOUSING SERVICE. STAFF TRAINING, QUARTERLY REVIEW MEETINGS, NEWSLETTERS, APPLICATION PREPARATION AND REVIEWS, PROGRESS MONITORING, PROBLEM SOLVING, AND OTHER SUPPORT IS PROVIDED TO SELF-HELP HOUSING GRANTEES TO BUILD OR REPAIR 50-75 HOMES A YEAR USING PARTICIPANT FAMILY SWEAT EQUITY. FAMILIES ARE LOW AND VERY LOW INCOME TYPICALLY USING THE RD 502 MORTGAGE PROGRAM FOR BUILDING MATERIALS AND THE FAMILIES PROVIDE THE LABOR. NEIGHBORGOOD PARTNERS ACTS AS AN INTERMEDIARY PROVIDING THE SUPPORT SERVICES TO THE GRANTEES WHO IN TURN OVERSEE AND ASSIST THE PARTICIPATING FAMILIES IN BUILDING THEIR HOMES. ACTIVITY INCLUDED MANAGEMENT AND TECHNICAL SUPPORT TO 12 SELF-HELP HOUSING GRANTEES AND 35 HOUSES WERE BUILT.
    Expenses $763,566 · revenue $81,271
  • RESTORING CENTRAL DOVER: RESTORING CENTRAL DOVER IS A COMPREHENSIVE NEIGHBORHOOD REVITALIZATION PLAN THAT IS LED BY NEIGHBORGOOD PARTNERS AND A STEERING COMMITTEE AND BASED FROM RESIDENT INPUT AND PRIORITIES THAT HAVE BEEN DERIVED FROM A COMMUNITY SURVEY, MEETINGS, EVENTS, ACTIVITIES, AND COMMUNITY OUTREACH. THE WORK INVOLVES ADDRESSING ISSUES AROUND THE AREAS OF HOUSING, SAFETY, ECONOMIC DEVELOPMENT, AND COMMUNITY ENGAGEMENT.
    Expenses $607,218 · revenue $1,098
  • REAL ESTATE DEVELOPMENT SERVICES: TECHNICAL ASSISTANCE TO LOCALLY BASED NONPROFIT HOUSING CORPORATIONS ON THE DELMARVA PENINSULA FOR THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE APARTMENTS. SERVICES INCLUDE PACKAGING FINANCING APPLICATIONS AND ASSISTANCE THROUGHOUT THE DEVELOPMENT PROCESS. 164 UNITS WITH SEVERAL APARTMENT PROJECTS ARE IN PROCESS. OPENED THE NEIGHBORGOOD CENTER IN DOVER, DE. ALSO, 7 FOR SALE HOMES WERE UNDER CONSTRUCTION AND 3 WERE COMPLETED AND SOLD IN DOWNTOWN DOVER, DE. FORECLOSURE PREVENTION COUNSELING: COUNSELING AND EDUCATION SERVICES, ASSIST HOUSEHOLDS EXPERIENCING FINANCIAL HARDSHIPS OR UNAFFORDABLE MORTGAGES IN DELAWARE TO AVOID OR RESOLVE IMPENDING HOME FORECLOSURE THROUGH WORKSHOPS, INDIVIDUAL COUNSELING, LOAN MODIFICATIONS AND ACCESS TO FEDERAL AND STATE PROGRAMS. ACTIVITY INCLUDED ASSISTING 201 CLIENTS WITH COUNSELING SERVICES AND 80 HOUSEHOLDS ACHIEVING POSITIVE RESOLUTION. STAND BY ME: FINANCIAL COACHING WAS PROVIDED TO 1,1358 HOUSEHOLDS AT VENUES SUCH AS PUBLIC HOUSING, COMMUNITY COLLEGES, AND EMPLOYERS' WORKPLACES. ACTIVITY INCLUDED 487 NEW CLIENTS AND 1,981 APPOINTMENTS HELD. RESTORING CENTRAL DOVER; NINTH YEAR OF IMPLEMENTATION OF THE NEIGHBORHOOD REVITALIZATION PLAN WORKING WITH RESIDENTS AND WORK GROUPS ON SPECIFIC PROJECTS AND STRATEGIES FOR IMPROVEMENT. VARIOUS EVENTS WERE HELD THIS YEAR WITH ACTIVITIES FOR RESIDENTS TO PARTICIPATE IN SUCH AS HEALTH FAIR, BLOCK PARTIES AND PUBLIC SAFETY EFFORTS. OUR 12 WEEK LAUNCHER ENTEPRENEUR CLASSES HAD 28 GRADUATES.
    Expenses $2,038,702 · grants $9,000 · revenue $195,926

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 yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
52-6054476
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1958
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$54,149,635
Income (IRS master file)
$11,560,001

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$11,547,999$6,517,573$54,149,635XML
990September 2024$10,837,538$6,069,826$47,085,570XML
990September 2023$7,900,254$5,759,301$42,526,207XML
990September 2022$5,835,824$4,994,437$39,111,935IRS
990September 2021–––IRS
990September 2020–––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 52-6054476).

Questions about NEIGHBORGOOD PARTNERS INC

What is the EIN of NEIGHBORGOOD PARTNERS INC?
The employer identification number (EIN) of NEIGHBORGOOD PARTNERS INC is 52-6054476.
Is NEIGHBORGOOD PARTNERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
Are donations to NEIGHBORGOOD PARTNERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEIGHBORGOOD PARTNERS INC 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 NEIGHBORGOOD PARTNERS INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEIGHBORGOOD PARTNERS INC 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 NEIGHBORGOOD PARTNERS INC?
The 990 for the year ended September 30, 2025 names KAREN SPEAKMAN.
Who are the officers and directors of NEIGHBORGOOD PARTNERS INC?
The 990 for the year ended September 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $165,039 (KAREN SPEAKMAN, EXECUTIVE DIRECTOR).
How much revenue does NEIGHBORGOOD PARTNERS INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $11,547,999, expenses of $6,517,573 and total assets of $54,149,635 at year end.

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