National Community Reinvestment Coalition Inc
- Assets
- $115.3m
- Revenue
- $17.2m
- Investments
- $0.0
- Employees
- 97
- Location
- Washington, DC
- Founding
- 08/1992
- Data as of
- 12/2022
- EIN
- 52-1766126
Organization Overview
National Community Reinvestment Coalition Inc is located in Washington, DC. The organization was established in 1992. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, National Community Reinvestment Coalition Inc employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Community Reinvestment Coalition Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, National Community Reinvestment Coalition Inc generated $17.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $13.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, National Community Reinvestment Coalition Inc has awarded 538 individual grants totaling $23,059,276. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE FAIR AND EQUAL ACCESS TO CREDIT, CAPITAL AND FINANCIAL SERVICES AND PRODUCTS. NCRC SEEKS TO SUPPORT AND PROVIDE LONG-TERM SOLUTIONS WHICH INCLUDE PROVIDING TOOLS TO BUILDING COMMUNITY AND INDIVIDUAL NET WORTH.
Describe the Organization's Program Activity:
MEMBERSHIP, RESEARCH & NCRC'S JUST ECONOMY CONFERENCE:MEMBERSHIP: NATIONAL COMMUNITY REINVESTMENT COALITION PROVIDES BROAD SET OF BENEFITS AND SPECIAL SERVICES FOR ITS MEMBER ORGANIZATIONS, INCLUDING CUSTOMIZED DATA ANALYSIS, TRAININGS, TECHNICAL ASSISTANCE, LEGISLATIVE AND REGULATORY UPDATES, AND MORE.RESEARCH: NCRC'S RESEARCH ANALYSIS PROVIDES POWERFUL TOOLS FOR ADVOCATES AND ORGANIZATIONS SEEKING TO UNDERSTAND AND ADDRESS PATTERNS OF LENDING AND INVESTMENT IN THEIR COMMUNITIES.NCRC'S JUST ECONOMY CONFERENCE: NATIONAL COMMUNITY REINVESTMENT COALITION'S ANNUAL CONFERENCE IS ONE OF THE NATION'S LARGEST GATHERINGS OF COMMUNITY NON- PROFITS, POLICYMAKERS, GOVERNMENT OFFICIALS, SMALL BUSINESSES, FINANCIAL INSTITUTIONS AND ACADEMIA. THE CONFERENCE INCLUDES A WIDE RANGE OF CUTTING-EDGE WORKSHOPS ON COMMUNITY ORGANIZING AND ADVOCACY, HOUSING, ACCESS TO CAPITAL AND CREDIT, WORKFORCE AND COMMUNITY DEVELOPMENT, FAIR LENDING AND BUSINESS DEVELOPMENT. IT ALSO FEATURES THE FOREMOST EXPERTS AND ADVOCATES SHARING NEW DEVELOPMENTS, BEST PRACTICES AND INNOVATIVE IDEAS FOR COMMUNITY REINVESTMENT AS WELL AS KEYNOTE ADDRESSES FROM PROMINENT OFFICIALS AND LEADERS IN THE FIELD.
HOUSING COUNSELING NETWORK AND NATIONAL TRAINING ACADEMY. NATIONAL COMMUNITY REINVESTMENT COALITION IS A RECOGNIZED HUD CERTIFIED NATIONAL HOUSING COUNSELING INTERMEDIARY. THROUGH THE NCRC HOUSING COUNSELING NETWORK INITIATIVE, PROFESSIONAL HOUSING COUNSELORS AND MORTGAGE ADVISORS PROVIDE COMPREHENSIVE HOUSING COUNSELING TO CONSUMERS DIRECTLY FROM NCRC'S HIGHLY TRAINED STAFF BASED IN WASHINGTON, D.C., AND THROUGH A NETWORK OF HCN "PARTNER" MEMBER ORGANIZATIONS LOCATED THROUGHOUT THE NATION. THE NATIONAL TRAINING ACADEMY BUILDS CAPACITIES OF ORGANIZATIONS TO SERVE THEIR CONSTITUENTS WITH GREATER IMPACT.
FAIR HOUSING AND FAIR LENDING - NCRC'S FAIR HOUSING PROGRAM CONDUCTS TESTING AND INVESTIGATIONS, PURSUES INDEPENDENT ENFORCEMENT ACTIONS, PROVIDES TRAINING AND PRODUCES ANALYSIS TO ENSURE EQUITABLE ACCESS TO AFFORDABLE HOUSING CHOICES.NCRC'S FAIR LENDING AND CONSUMER PROTECTION TEAM CONDUCTS TESTING AND COMPLIANCE INVESTIGATIONS, PROVIDES TRAINING TO LENDERS AND PRODUCES ANALYSIS TO ENSURE EQUITABLE ACCESS TO CREDIT AND FINANCIAL PRODUCTS.OUR TEAM ALSO WORKS CLOSELY WITH NCRC MEMBERS AND OUR POLICY AND GOVERNMENT RELATIONS TEAMS TO ADVANCE POLICIES THAT MAKE FAIR HOUSING, FAIR LENDING AND EQUITABLE ACCESS TO FINANCIAL SERVICES A NATIONAL PRIORITY AND A LOCAL REALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Van Tol President & CEO | Officer | 40 | $403,266 |
Gregory Dyson COO | Officer | 40 | $234,865 |
Bradley Blower Chief Internal Legal Counsel | Officer | 40 | $223,321 |
Adnan Bokhari CFO | Officer | 40 | $220,923 |
Marisa Calderon Chief Community Finance & Mobility | 40 | $219,945 | |
Dedrick Asante-Muhammad Chief Membership, Policy & Equity | Officer | 40 | $212,173 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
John Taylor Management Consulting | 12/30/22 | $148,042 |
Cliftonlarsonallen Llp Audit & Tax Services | 12/30/22 | $115,574 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $247,072 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,133,561 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,444,592 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,825,225 |
| Total Program Service Revenue | $4,921,650 |
| Investment income | $75,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,760,800 |
| Net Gain/Loss on Asset Sales | -$9,363 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,200,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,603,142 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,571,135 |
| Compensation of current officers, directors, key employees. | $1,078,469 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,087,259 |
| Pension plan accruals and contributions | $332,796 |
| Other employee benefits | $620,866 |
| Payroll taxes | $451,602 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $58,427 |
| Fees for services: Accounting | $95,744 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,389,976 |
| Advertising and promotion | $121,582 |
| Office expenses | $122,642 |
| Information technology | $83,731 |
| Royalties | $0 |
| Occupancy | $150,721 |
| Travel | $221,366 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $966,653 |
| Interest | $25,376 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $74,751 |
| Insurance | $102,452 |
| All other expenses | $88,178 |
| Total functional expenses | $13,596,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,689,153 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,688,330 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $121,560 |
| Net Land, buildings, and equipment | $83,846,866 |
| Investments—publicly traded securities | $2,548,782 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,361,322 |
| Total assets | $115,256,013 |
| Accounts payable and accrued expenses | $2,283,649 |
| Grants payable | $0 |
| Deferred revenue | $760,671 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $100,380,883 |
| Unsecured mortgages and notes payable | $338,417 |
| Other liabilities | $982,018 |
| Total liabilities | $104,745,638 |
| Net assets without donor restrictions | -$1,172,025 |
| Net assets with donor restrictions | $11,682,400 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $115,256,013 |
Grants Awarded
Over the last fiscal year, National Community Reinvestment Coalition Inc has awarded $1,587,542 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
ANNE ARUNDEL COUNTY COMMUNITY ACTION AGENCY INC PURPOSE: PASS THROUGH PAYMENTS | $27,500 |
BRIDGEPORT NEIGHBORHOOD TRUST INC PURPOSE: PASS THROUGH PAYMENTS | $150,939 |
COALITION FOR NONPROFIT HOUSING AND ECONOMIC DEVELOPMENT PURPOSE: PASS THROUGH PAYMENTS | $30,000 |
COMMUNITY SERVICE NETWORK INC PURPOSE: PASS THROUGH PAYMENTS | $13,141 |
FRAYSER COMMUNITY DEVELOPMENT CORPORATION PURPOSE: PASS THROUGH PAYMENTS | $17,500 |
GREATER BALTIMORE CULTURAL ALLIANCE PURPOSE: PASS THROUGH PAYMENTS | $5,104 |