Financial Accountability

NeighborWorks America is a congressionally chartered nonprofit corporation that receives an annual congressional appropriation to support its work of strengthening communities and expanding opportunities for affordable housing.

We are committed to responsible stewardship of the resources entrusted to us. Through financial oversight, independent audits, public reporting and established accountability practices, we work to ensure transparency and the effective use of organizational resources.

Explore Financial Accountability

Learn more about NeighborWorks America's financial oversight, reporting and accountability practices.


Internal Audit Division

The Internal Audit Division supports NeighborWorks America's commitment to accountability, effective governance and responsible stewardship of resources.

Through independent and objective assurance and advisory services, the division evaluates organizational risk management, internal controls and governance processes.

Visit the dedicated Internal Audits page to access the Internal Audit Plan, audit charters, semiannual reports to Congress and historical internal audit reports.

View Internal Audit Reports and Resources » 


Financial Oversight and Accountability

NeighborWorks America maintains multiple levels of financial and operational oversight to support accountability, sound governance and responsible management of federal resources.

Office of the Chief Financial Officer

The Office of the Chief Financial Officer is responsible for managing and reporting the organization's finances and serves as a key point of contact for financial stakeholders.

Learn more about financial leadership 

Board of Directors

NeighborWorks America's board of directors includes the heads of federal financial regulatory agencies, including the Federal Deposit Insurance Corp., National Credit Union Administration, Federal Reserve System, Office of the Comptroller of the Currency and U.S. Department of Housing and Urban Development.

The board provides organizational oversight, including oversight of internal and external audit activities.

View the Board of Directors 

Office of Management and Budget

NeighborWorks America prepares annual budget submissions for the Office of Management and Budget (OMB). These submissions provide financial and programmatic information about the use of appropriated funds and plans for requested funding in the next fiscal year.

A recommended funding level for NeighborWorks America is included in the president's annual budget request to Congress.

United States Congress

NeighborWorks America submits an annual budget justification to its authorizing and appropriations committees in both houses of Congress.

The justification includes information about the use of previously appropriated funds, programmatic outcomes, organizational accomplishments and plans for the coming fiscal year.

View Congressional Budget Justifications 


Annual Reports and Congressional Reporting

Annual Impact Report

NeighborWorks America's annual impact report highlights the organization's work alongside the NeighborWorks network to create opportunities for people to live in affordable homes, improve their lives and strengthen their communities.

View NeighborWorks America's FY 2025 Impact Report 

Budget Justifications and Reports to Congress

Each year, NeighborWorks America prepares a congressional budget justification outlining organizational accomplishments, use of appropriated resources and anticipated priorities for the next fiscal year.

The following resources provide additional information about organizational performance, housing programs and community development outcomes.


External Audits and Financial Statements

NeighborWorks America undergoes an annual independent financial audit conducted by an external public accounting firm.

These audits provide an independent assessment of the organization's financial statements in accordance with applicable professional accounting and auditing standards.

Financial Audit Reports


Annual Tax Filings

As part of our commitment to financial transparency, NeighborWorks America makes its annual Form 990 tax filings available for public review.