Neighborhoods Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEIGHBORWORKS LINCOLN REVITALIZES NEIGHBORHOODS AND SUPPORTS HOMEOWNERSHIP KEEPING LINCOLN A SAFE AND PROSPEROUS COMMUNITY.
- Income
- $586,920
- Spending
- $554,756
- Spent on programs
- 73%
- Reserves
- 31.1 months of spending
- Largest source of income
- government grants, 100%
- Employees
- 12
- Volunteers
- 94
- Highest pay
- $123,241, chief executive officer
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 81 out of 100. Higher than 77% of charities in its peer group (housing, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 31.1 months of spending.
Debt
16 of 20It owes 29% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
0 of 15Income fell 84% on the year before.
Spending floor
15 of 1573% of spending went to programs and raising each dollar of donations cost 4 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 88% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $217,485 spent. HOME BUYER SERVICES - NWL PROVIDES A HUD-APPROVED PRE-PURCHASE COURSE DESIGNED TO PREPARE INDIVIDUALS FOR HOME OWNERSHIP. THE HOMEBUYER EDUCATION PROGRAM IS A SERIES OF 4 IN PERSON CLASSES. NWL PROVIDES DOWN PAYMENT ASSISTANCE TO HELP WITH THE REQUIRED DOWN-PAYMENT AND CLOSING COSTS TO QUALIFIED LOW-TO-MODERATE INCOME BORROWERS. HOMES CAN BE PURCHASED ANYWHERE WITHIN LINCOLN'S CITY LIMITS BUT SPECIAL INCENTIVES, INCLUDING LOAN FORGIVENESS, ARE AVAILABLE TO BUYERS WHO PURCHASE IN SPECIFIC GEOGRAPHIC AREAS.
- $115,937 spent. REAL ESTATE DEVELOPMENT - NWL BUILDS A VARIETY OF NEW HOMES EACH YEAR OFFERED FIRST TO INDIVIDUALS WHO HAVE COMPLETED THE HOMEBUYER EDUCATION PROGRAM. IN ADDITION TO BUILDING NEW HOMES, NWL PURCHASES AND EXTENSIVELY RENOVATES EXISTING HOMES THAT ARE ALSO PRIORITIZED FOR BUYERS THAT HAVE COMPLETED THE HOMEBUYER EDUCATION PROGRAM.
- $66,146 spent. COMMUNITY BUILDING - NWL STRENGTHENS NEIGHBORHOODS ACROSS LINCOLN BY INCREASING LEADERSHIP CAPACITY. RESIDENTS EQUIPPED WITH THE TOOLS THEY NEED TO CREATE INCLUSIVE COMMUNITIES ARE LINCOLN'S BEST AMBASSADORS. THE COMMUNITY BUILDING PROGRAM CULTIVATES RELATIONSHIPS TO HELP IMPROVE QUALITY OF LIFE FOR ALL LINCOLN RESIDENTS THROUGH APPRECIATIVE INQUIRY AND AN ASSET-BASED COMMUNITY DEVELOPMENT APPROACH. ANOTHER KEY FOCUS OF NWL IS THE CENTERING OF HISTORICALLY MARGINALIZED NEIGHBORHOODS AND THE FACILITATION OF POWER TRANSFER FROM INSTITUTIONS TO RESIDENTS.
- $3,145 spent. RENTAL
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1986.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.