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EIN 84-1542593

Neighborworks Capital Corporation

IRS 501(c) type
501(c)(3)
Num. employees
18
City
Silver Spring
State
Maryland
Year formed
2000
Most recent tax filings
2022-12-01
NTEE code, primary
L80: Housing Support Services
Description
Neighborworks Capital Corporation delivers flexible capital to Neighborworks America affiliates, strengthening communities and providing affordable homes through financing for acquisition, development, and rehabilitation of affordable homes for sale, rental, and commercial projects.
Total revenues
$8,857,507
2022
Total expenses
$4,991,061
2022
Total assets
$108,230,565
2022
Num. employees
18
2022

Program areas at Neighborworks Capital Corporation

Providing financing for the acquisition, development, and rehabilitation of affordable homes for sale, rental and commercial projects.

Grants made by Neighborworks Capital Corporation

GranteeGrant descriptionAmount
Stewards of Affordable Housing for the FuturePilot Program To Assess and Document Best Practices for Energy Efficient Hvac Systems$30,000

Who funds Neighborworks Capital Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$3,000,000
Opportunity Finance Network (OFN)Finance Justice Fund Subgrant$125,000

Personnel at Neighborworks Capital Corporation

NameTitleCompensation
James PeffleyChief Executive Officer$98,640
Beth O'LearyChief Portfolio Officer
Matt GlattingChief Financial Officer
Stephen PeelorChief Loan Officer$205,988
Matt ServedVice President, Planning and Strategy
...and 19 more key personnel

Financials for Neighborworks Capital Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,714,496
Program services$4,959,021
Investment income and dividends$33,856
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$150,134
Total revenues$8,857,507

Form 990s for Neighborworks Capital Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-09990View PDF
2021-122022-05-04990View PDF
2020-122021-05-21990View PDF
2019-122020-08-14990View PDF
2018-122019-07-23990View PDF
...and 8 more Form 990s

Organizations like Neighborworks Capital Corporation

OrganizationLocationRevenue
MoFiMissoula, MT$20,160,998
Renaissance Community Loan FundGulfport, MS$6,648,710
Vermont Community Loan FundMontpelier, VT$3,049,200
Century Housing CorporationCulver City, CA$37,466,757
Community Capital New YorkElmsford, NY$4,212,008
Federation of Appalachian Housing EnterprisesBerea, KY$18,063,408
Capital for ChangeWallingford, CT$7,930,155
Roc USA LLCConcord, NH$14,090,679
Midwest Housing Development FundOmaha, NE$5,284,967
Massachusetts Housing Investment Corporation (MHIC)Boston, MA$18,783,706
Data update history
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 1, 2023
Updated personnel
Identified 1 new personnel
May 15, 2023
Received grants
Identified 1 new grant, including a grant for $2,500,000 from NeighborWorks America
May 12, 2023
Used new vendors
Identified 1 new vendor, including
April 14, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Housing and shelter organizationsCommunity Development Financial InstitutionsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Receives government fundingTax deductible donations
General information
Address
8484 Georgia Ave Suite 330
Silver Spring, MD 20910
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
neighborworkscapital.org/ 
Phone
(240) 821-1651
IRS details
EIN
84-1542593
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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