Fundraising Fox
Neighborhood Finance
Des Moines, US · Iowa corporation
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Neighborhood Finance Corporation (NFC) is a nonprofit lender offering affordable loan programs for home purchase, home improvement, and refinancing, along with personalized guidance for individuals and families. It serves communities in Iowa, including Polk County (Des Moines metro) and designated neighborhoods in Linn County (Cedar Rapids).
Founders & leadership
SP
Stephanie PreuschExecutive Director
AA
Almardi AbdallaNamed on SEC filing
Board
CM
Cole McClellandDirector #8 Financial Institution Representative Polk County
CJ
Chris JohansenDirector #1 City of Des Moines Representative
TR
Tom RudeDirector #7 Financial Institution Representative
LW
Linda WestergaardBoard director
MK
Marsha KephartBoard director
DW
Dave WilliamsonDirector #3 Polk County Representative
TS
Travis SimpsonBoard director
JA
Jill AltringerDirector #4 Polk County Representative
SO
Scott OverlandBoard director
Reported raises · per SEC filings
Form D private placements$53.5M disclosed across 6 rounds · 2016–2026
▶$1MraisedAug 2026 · 1 investors · OtherRule 506(b)
▶$1MraisedAug 2026 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Chris JohansenDirector
- Linda WestergaardExecutive Officer, Director
- Dave WilliamsonDirector
- Jill AltringerDirector
- Scott OverlandExecutive Officer, Director
- Will ThomsonDirector
- Tom RudeDirector
- Cole McClellandDirector
- Travis SimpsonExecutive Officer, Director
- Josh MooreDirector
- Marsha KephartDirector
- Almardi AbdallaDirector
- Brenner MyersDirector
- Margaret WrightDirector
- Dedric DoolinDirector
- Lindsey AzizehDirector
- Stephanie MurphyExecutive Officer
- Mark AlbericoExecutive Officer
- Terry GearhartExecutive Officer
- Offering amount
- $1M
- Amount sold
- $1M
- Minimum investment
- $1M
- First sale
- Aug 2026
- Incorporated
- Corporation, Iowa
- Federal exemptions
- 06b
▶$2MraisedJul 2025 · 4 investors · OtherRule 506(b)
▶$2MraisedJul 2025 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Cole McClellandDirector
- Chris JohansenDirector
- Tom RudeDirector
- Linda WestergaardExecutive Officer, Director
- Marsha KephartDirector
- Dave WilliamsonDirector
- Travis SimpsonExecutive Officer, Director
- Jill AltringerDirector
- Scott OverlandExecutive Officer, Director
- Josh MooreDirector
- Margaret WrightDirector
- Will ThomsonDirector
- Almardi AbdallaDirector
- Brenner MyersDirector
- Dedric DoolinDirector
- Lindsey AzizehDirector
- Stephanie MurphyExecutive Officer
- Offering amount
- $2M
- Amount sold
- $2M
- Minimum investment
- $300K
- First sale
- Jul 2025
- Incorporated
- Corporation, Iowa
- Federal exemptions
- 06b
▶$21.8MraisedDec 2022 · 12 investors · OtherRule 506(b)
▶$21.8MraisedDec 2022 · 12 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Terry GearhartExecutive Officer
- Marsha KephartExecutive Officer, Director
- Chris JohansenDirector
- Steve VanOortExecutive Officer, Director
- Ryan MortierDirector
- Theron HobbsDirector
- Mark AlbericoExecutive Officer
- Stephanie MurphyExecutive Officer
- Almardi AbdallaDirector
- Sonia ReyesDirector
- Joshua KummerDirector
- Bret VandeluneDirector
- Patrick RedingDirector
- Linda WestergaardDirector
- Travis SimpsonExecutive Officer, Director
- Marge RamseyDirector
- Michelle MuellerDirector
- Offering amount
- $21.8M
- Amount sold
- $21.8M
- Minimum investment
- $100K
- First sale
- Nov 2022
- Incorporated
- Corporation, Iowa
- Federal exemptions
- 06b
▶$680KraisedDec 2020 · 4 investors · Other Banking and Financial ServicesRule 506(b)
▶$680KraisedDec 2020 · 4 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Keri ThienDirector
- Michelle MuellerExecutive Officer, Director
- Marge RamseyDirector
- Stephanie MurphyExecutive Officer
- Mark AlbericoExecutive Officer
- Terry GearhartExecutive Officer
- Josh MandelbaumDirector
- Patrick RedingDirector
- Jon OllendickExecutive Officer, Director
- Amber PetersenDirector
- Tracie CorcoranDirector
- Lanny J BenishekExecutive Officer, Director
- Bret VandeluneDirector
- Steve VanOort,Executive Officer, Director
- Chris JohansenDirector
- Jeff CroskeyDirector
- Offering amount
- $680K
- Amount sold
- $680K
- Minimum investment
- $100K
- First sale
- Dec 2020
- Incorporated
- Corporation, Iowa
- Federal exemptions
- 06b
▶$15MraisedMar 2019 · 12 investors · Other Banking and Financial ServicesRule 506(b)
▶$15MraisedMar 2019 · 12 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Keri ThienDirector
- Terry GearhartExecutive Officer
- Stephanie PreuschExecutive Officer
- Mark AlbericoExecutive Officer
- Michelle MuellerDirector
- Bret VandeluneDirector
- Amber PetersenDirector
- Jon OllendickExecutive Officer, Director
- Connie BoesenDirector
- Chris JohansenExecutive Officer, Director
- Lanny J BenishekExecutive Officer, Director
- Jeff CroskeyDirector
- Anthony PleskysDirector
- Marge RamseyDirector
- Dana SchuemannDirector
- Matt McCoyDirector
- Patrick RedingDirector
- Kelly RobusDirector
- Offering amount
- $15M
- Amount sold
- $15M
- Minimum investment
- $250K
- First sale
- Mar 2019
- Incorporated
- Corporation, Iowa
- Federal exemptions
- 06b
▶$13.1MraisedFeb 2016 · 11 investors · Other Banking and Financial ServicesRule 506(b)
▶$13.1MraisedFeb 2016 · 11 investors · Other Banking and Financial Services
Rule 506(b)Officers, directors & promoters on the filing
- Bret VandeluneDirector
- Steve Van OortDirector
- Patty GressmanExecutive Officer
- Jeff CroskeyDirector
- Josh HellyerDirector
- Deb AndersonDirector
- Christopher BatesDirector
- Jamel CrawfordDirector
- Christine HensleyDirector
- Nadine HogateDirector
- Robert GroteDirector
- Stephanie PreuschExecutive Officer
- Jon OllendickDirector
- Marge RamseyDirector
- Frank OwensDirector
- Stephanie AveryDirector
- Kelly RobusDirector
- Dave WilliamsonDirector
- Chris JohansenDirector
- Mark AlbericoExecutive Officer
- Offering amount
- $13.1M
- Amount sold
- $13.1M
- Minimum investment
- $250K
- First sale
- Feb 2016
- Incorporated
- Corporation, Iowa
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- What does Neighborhood Finance do?
- Neighborhood Finance Corporation (NFC) is a nonprofit lender offering affordable loan programs for home purchase, home improvement, and refinancing, along with personalized guidance for individuals and families. It serves communities in Iowa, including Polk County (Des Moines metro) and designated neighborhoods in Linn County (Cedar Rapids).
- How much funding has Neighborhood Finance raised?
- Neighborhood Finance has disclosed $53.5M raised across 6 rounds.
- Where is Neighborhood Finance headquartered?
- Neighborhood Finance is headquartered in Des Moines, US.