Neighborhood Reinvestment Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521148078 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Neighborhood Reinvestment Corporation?

The Neighborhood Reinvestment Corporation, operating under the name Neighborworks America, is a publicly chartered non-profit organization headquartered in Washington, D.C. With a team of 344 employees, their mission is to improve lives and strengthen communities by creating opportunities for affordable housing. They accomplish this through capacity building, which involves onsite technical assistance and limited funding to enhance the performance of Neighborworks organizations. Their ultimate goal is to help people live better lives in their communities.


Official website here: www.nw.org

Is Neighborhood Reinvestment Corporation legitimate?

Neighborhood Reinvestment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Reinvestment Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,237,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,165,400

For more financial information, click here


Official website here: www.nw.org

What is the mission statement of Neighborhood Reinvestment Corporation?

The Neighborhood Reinvestment Corporation, also known as Neighborworks America, is a publicly chartered non-profit organization dedicated to creating opportunities for individuals to live in affordable homes and enhance their lives within their communities. Through its mission, the corporation strengthens communities by providing practical assistance and limited funding to Neighborworks organizations, enabling them to respond effectively and efficiently to their communities' needs. The capacity building provided by the corporation helps Neighborworks members expand their reach and improve their performance, ultimately contributing to the overall betterment of the communities they serve.


Official website here: www.nw.org

Who is the CEO of Neighborhood Reinvestment Corporation?

Marietta Rodriguez is the Executive Vp & Coo of Neighborhood Reinvestment Corporation. The CEO's salary of Neighborhood Reinvestment Corporation is $218,620 and their total compensation is $260,713.


Official website here: www.nw.org

What is the revenue of Neighborhood Reinvestment Corporation?

Neighborhood Reinvestment Corporation's revenue in 2022 was $227,298,867.


Official website here: www.nw.org

Who are the executives of Neighborhood Reinvestment Corporation and what are their salaries?

The average compensation at Neighborhood Reinvestment Corporation during 2022 was $100,010. There are 344 employees and 5 volunteers at Neighborhood Reinvestment Corporation.

Here are 17 key members and their salaries (Neighborhood Reinvestment Corporation's CEO's salary is $218,620 and their total compensation is $260,713):

    Susan M Ifill (Executive Vp & Coo)
  • Compensation: $264,211
  • Related: $0
  • Other: $52,972

    • Marietta E Rodriguez (President & Ceo)
  • Compensation: $218,620
  • Related: $0
  • Other: $42,093

    • Rutledge A Simmons (Evp & General Counsel/Sec)
  • Compensation: $194,813
  • Related: $0
  • Other: $57,409

    • Joan M Straussman (Rvp, Northeast Region)
  • Compensation: $183,088
  • Related: $0
  • Other: $58,525

    • Valerie Navy-Daniels (Svp, Resource Development)
  • Compensation: $179,592
  • Related: $0
  • Other: $58,708

    • Yonas Tessema (Svp, Controller)
  • Compensation: $177,685
  • Related: $0
  • Other: $57,838

    • Tanya M Frett (Svp, Admin. Services)
  • Compensation: $176,174
  • Related: $0
  • Other: $58,563

    • Frederick Udochi (Chief Audit Executive)
  • Compensation: $176,762
  • Related: $0
  • Other: $56,731

    • Kirsten T Johnson-Obey (Svp, Public Policy & Legis.)
  • Compensation: $174,907
  • Related: $0
  • Other: $57,333

    • Susan B Finn (Svp, Evaluation, Leadership)
  • Compensation: $183,712
  • Related: $0
  • Other: $47,387

    • Margaret A Grieve (Vp, Success Measures)
  • Compensation: $183,945
  • Related: $0
  • Other: $45,016

    • Kemba M Esmond (Evp & Chief Financial Off)
  • Compensation: $127,648
  • Related: $0
  • Other: $13,772

    • Michelle Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Grovetta Gardineer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Gruenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney E Hood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrianne Todman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nw.org

    Where can I find the form 990 for Neighborhood Reinvestment Corporation?

    The Neighborhood Reinvestment Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nw.org

    Learn more at the official website: www.nw.org

    Mission Statement of Neighborhood Reinvestment Corporation

    The Neighborhood Reinvestment Corporation, known as Neighborworks America, is a publicly chartered non-profit organization with a mission to create opportunities for people to live in affordable homes and improve their lives and communities. This congressionally recognized corporation aims to strengthen the performance of its network members, enabling them to respond effectively and efficiently to the unique needs of their communities.

    By providing onsite technical assistance and limited funding, Neighborworks America expands the capacity of its member organizations. Its capacity-building efforts empower these groups to make a significant impact in their localities, ultimately enhancing the quality of life for residents. In essence, the Neighborhood Reinvestment Corporation serves as a catalyst for positive change, fostering thriving neighborhoods and empowering individuals to build better lives for themselves and their communities.

    Impact

    This information is meant to be a general summary of Neighborhood Reinvestment Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Neighborhood Reinvestment Corporation, also known as NeighborWorks America, creates opportunities for people to live in affordable homes, improve their lives, and strengthen their communities. Through capacity building, the organization provides practical assistance to strengthen the performance of NeighborWorks organizations, enabling them to respond most effectively and efficiently to the needs of their communities. This includes onsite technical assistance and limited funding to expand the capacity of network members. Their focus on housing helps address the critical need for affordable housing and contributes to building stronger, more vibrant communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $371,910
  • Program Service Revenue: $3,586,063
  • Gross Receipts: $229,807,867

    • Assets and Liabilities:
  • Total Assets: $85,779,829
  • Total Liabilities: $77,974,891
  • Net Assets: $7,804,938
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    REGISTRATION FEES

    Revenue

    $1,932,693

    FEES - GOVT AGENCIES

    Revenue

    $1,279,725

    SUBSCRIPTION REVENUE

    Revenue

    $261,558

    TRAINING PUBLICATIONS

    Revenue

    $112,087

    Organization Details

    Founding Year

    1978

    Principal Officer

    Marietta Rodriguez

    Main Address

    1255 Union STREET NE Suite 500, WASHINGTON, DC, 20002

    Website

    www.nw.org

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Neighborhood Reinvestment Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.