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Neighborhood Risk Management Corp at a glance

· Public charity

Neighborhood Risk Management Corp

Nrmc was established to provide risk reduction and loss mitigation services and educational programs to its members so that they in turn can learn to reduce their loss-related expenses and devote more of their limited resources to their affordable housing missions.

$1.5M
Granted FY2022
17
Grants FY2022
10
States reached
$1.0M
Largest
01What it fundsRead
02The needRead
03Its fieldRead
04Through PlinthRead
01What it funds
01FY2022 · 17 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 17 grants below total $1,439,220, the rows itemized in this filing. The $1,509,384 headline is the total grant expense on the return; the other $70,164 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2022

  • Under $10k2 grants · $17k
  • $10k–50k11 grants · $223k
  • $50k–250k3 grants · $199k
  • $250k+1 grant · $1.0M
$21,309
Median grant
10
States reached
$0
Total assets
Largest grants
RecipientAmount
Individual grant recipient$1,000,000
MADISON PARK DEVELOPMENT CORP$83,687
CODMAN SQUARE NEIGHBORHOOD DEVELOPMENT CORP$64,398
ASIAN AMERICANS FOR EQUALITY$51,133
SOUTHWEST HOUSING SOLUTIONS$36,857
THE NEIGHBORHOOD DEVELOPERS INC$31,947
COALITION FOR A BETTER ACRE (CBA)$28,252
NEW DIRECTIONS HOUSING CORP$25,654
NEIGHBORHOOD HOUSING SERVICES OF CHICAGO$21,309
AVENUE CDC$16,947
EAST AKRON NEIGHBORHOOD DEVELO$16,093
NEIGHBORWORKS BLACKSTONE RIVER VALLEY$12,870
HUDSON RIVER HOUSING INC$11,714
NEIGHBORWORKS HOME SOLUTIONS$10,937
TROY REHABILITATION & IMPROVEMENT PROGRAM INC$10,419
02The need
02

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY22–22) land where the poverty rate runs at 16%, against an area that typically sits at 12%. 96% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 12%COALITION FOR A BETTER ACRE (CBA): $28k → 8%THE NEIGHBORHOOD DEVELOPERS INC: $32k → 16%HUDSON RIVER HOUSING INC: $12k → 9%TROY REHABILITATION & IMPROVEMENT PROGRAM INC: $10k → 11%ARBOR HOUSING AND DEVELOPMENT: $9k → 13%ASIAN AMERICANS FOR EQUALITY: $51k → 17%AVENUE CDC: $17k → 16%NEIGHBORWORKS HOME SOLUTIONS: $11k → 12%SOUTHWEST HOUSING SOLUTIONS: $37k → 21%NEIGHBORWORKS BLACKSTONE RIVER VALLEY: $13k → 14%SOUTH BEND HERITAGE FOUNDATION: $8k → 13%EAST AKRON NEIGHBORHOOD DEVELO: $16k → 13%NEIGHBORHOOD HOUSING SERVICES OF CHICAGO: $21k → 14%NEW DIRECTIONS HOUSING CORP: $26k → 15%CONSORTIUM OF HOUSING: $1.0M → 16%CODMAN SQUARE NEIGHBORHOOD DEVELOPMENT CORP: $64k → 16%MADISON PARK DEVELOPMENT CORP: $84k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

IL
MI
NY
MA
IA
IN
OH
RI
KY
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Neighborhood Housing Services of Waco

Building stronger neighborhoods through homeownership, quality rental housing and community building initiatives.

Housing & Shelter
2
Neighborhood Nonprofit Housing Corp

Create quality affordable housing opportunities, enhance communities and provide households with skills to become self-sufficient.

Housing & Shelter
3
Neighborhood Reinvestment Corporation

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…

—
4
Neighborhood Housing Services of New Orleans Inc

Neighborhood housing services of new orleans, inc. revitalizes communities by increasing the number of homeowners and transforming vacant or substandard properties into sustainable homeownership. we improve quality of life through informed…

—
5
Neighborhood Housing Services of New Britain

The corporation is engaged in encouraging the cooperative efforts of neighborhood representatives, government and participating lending institutions in a combined effort to stem the decline and deterioration of the housing within the city…

Housing & Shelter
6
Sacramento Neighborhood Housing Services Inc

To improve and restore district-wide neighborhoods for the benefit of the residents.

Housing & Shelter
7
Northeast Brooklyn Housing Develop

The Organization is commited to the preservation, development, and management of affordable housing and home ownership opportunities:community and economic development initiative and human services to effect social change in central…

Housing & Shelter
8
Neighborhood Housing Services of Hamilton Inc

Neighborhood housing services of hamilton, inc. is a nonprofit community development organization dedicated to building affordable, healthier, and stronger communities through partnerships with government, businesses, and local community…

Housing & Shelter
9
Innovative Housing Inc

Develop, preserve and operate affordable housing for low and moderate- income households and provde services to residents to maintain housing stability, improve quality of life and break the cycle of poverty.

Housing & Shelter
10
Howard Street Development Corporation

To provide housing for low income persons, and to support tenderloin neighborhood development corporation in carrying out its purpose.

Housing & Shelter
11
Atlanta Neighborhood Development Partnership Inc

To develop, finance, and advocate for affordable housing at scale that promotes racial equity and healthy communities where families thrive.

Housing & Shelter
12
Neighborhoods Inc

Neighborworks lincoln revitalizes neighborhoods and supports homeownership keeping lincoln a safe and prosperous community.

Housing & Shelter
How this is measured
The grantee most central to the portfolio’s shape is Arbor Housing and Development; the most unlike its peers is South Bend Heritage Foundation Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
03the grantee network

14 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 14 of the 17 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
14/14
Grantees still filing
9/14
Grew since first funded

Where the money sits, by cause and then by grantee

Individual grant recipient: $1,000,000 · OtherIndividual grant recipientASIAN AMERICANS FOR EQUALITY INC: $51,133 · Other+5 more: $101,255 · Other+5 moreMADISON PARK DEVELOPMENT CORPORATION: $83,687 · Housing & ShelterMADISON PARK DEV…THE NEIGHBORHOOD DEVELOPERS INC: $31,947 · Housing & ShelterTHE NEIGHBORHOOD…COALITION FOR A BETTER ACRE INC: $28,252 · Housing & ShelterCOALITION FOR A …NEIGHBORHOOD HOUSING SERVICES OF CHICAGO INC: $21,309 · Housing & ShelterNEIGHBORHOOD HOU…Avenue Community Development Corporation: $16,947 · Housing & ShelterAvenue Community…WOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION: $12,870 · Housing & ShelterWOONSOCKET NEIGH…TROY REHABILITATION AND IMPROVEMENT PROGRAM INC: $10,419 · Housing & ShelterCODMAN SQUARE NEIGHBORHOOD DEVELOPMENT CORPORATION: $64,398 · Community ImprovementSOUTH BEND HERITAGE FOUNDATION INC: $7,973 · Community ImprovementARBOR HOUSING AND DEVELOPMENT: $9,030 · Health
Other$1,152,388Housing & Shelter$205,431Community Improvement$72,371Health$9,030

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10Mgrantee revenue →↑ funder's share of their budgetMADISON PARK DEVELOPMENT CORPORATION: $83,687 over 1y, 1.7% of budgetCODMAN SQUARE NEIGHBORHOOD DEVELOPMENT CORPORATION: $64,398 over 1y, 0.8% of budgetASIAN AMERICANS FOR EQUALITY INC: $51,133 over 1y, 0.4% of budgetSOUTHWEST HOUSING SOLUTIONS: $36,857 over 1y, 0.8% of budgetTHE NEIGHBORHOOD DEVELOPERS INC: $31,947 over 1y, 0.3% of budgetCOALITION FOR A BETTER ACRE INC: $28,252 over 1y, 0.6% of budgetNEW DIRECTIONS HOUSING CORPORATION: $25,654 over 1y, 0.3% of budgetNEIGHBORHOOD HOUSING SERVICES OF CHICAGO INC: $21,309 over 1y, 0.5% of budgetAvenue Community Development Corporation: $16,947 over 1y, 0.1% of budgetWOONSOCKET NEIGHBORHOOD DEVELOPMENT CORPORATION: $12,870 over 1y, 0.3% of budgetHUDSON RIVER HOUSING INC: $11,714 over 1y, 0.1% of budgetTROY REHABILITATION AND IMPROVEMENT PROGRAM INC: $10,419 over 1y, 0.3% of budgetARBOR HOUSING AND DEVELOPMENT: $9,030 over 1y, 0.1% of budgetSOUTH BEND HERITAGE FOUNDATION INC: $7,973 over 1y, 0.1% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Neighborhood Reinvest…Enterprise Community …Local Initiatives Sup…Third Sector New Engl…United Way Of Massach…Td Charitable Foundat…Eastern Bank Foundati…Jpmorgan Chase Founda…The Blackbaud Giving …Charities Aid Foundat…The Bank of America C…American Online Givin…
Neighborhood Reinvestment CorporationDC34.5× affinity14 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Neighborhood Reinvestment Corporation · Enterprise Community Partners Inc · Local Initiatives Support Corporation · Third Sector New England Inc · United Way Of Massachusetts Bay Inc · Td Charitable Foundation · Eastern Bank Foundation · Jpmorgan Chase Foundation · The Blackbaud Giving Fund · Charities Aid Foundation America · The Bank of America Charitable Foundation Inc · American Online Giving Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Neighborhood Risk Management Corp funds: left to right is the share of its income from government, bottom to top the share from Neighborhood Risk Management Corp. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%0%1%3%5%funder's share of their income ↑0%13%25%38%50%share of the org’s income from government →median 3%
  • The Neighborhood Developers Inc: 3% of income from government
  • Madison Park Development Corporation: 1% of income from government
no gov moneyreceives it· size = income
1get no government money at all
5report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–50%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
04Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Neighborhood Risk Management Corp?

Find your warmest path to Neighborhood Risk Management Corp through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 17 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2022, released 2022. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home