Neighborhood Finance Corp closes $14.2M raise in Des Moines under Reg D 506(b)
Neighborhood Finance Corp, an Iowa corporation based in Des Moines, has closed a $14.2M offering under Regulation D exemption 506(b). The raise drew 8 investors with a $500K minimum and completed its first sale on October 16, 2026.
Note: Entity appears to be a community development or municipal finance vehicle based on director composition (city and county representatives, financial institution directors); no placement agent listed despite $14.2M raise.
How this compares
- Among 27 fund launches filed from IA in the same window it is larger than 81%; the IA median is $3.1M.
- No earlier fund launch by this sponsor appears on EDGAR.
Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.
Raise progress
| Filed | Form | Sold | Investors | Change |
|---|---|---|---|---|
| 2025-07-23 | D | $2M | 4 | |
| 2026-08-11 | D | $1M | 1 | −$1M |
| 2026-10-28 | D | $14.2M | 8 | +$13.2M |
Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.
Neighborhood Finance on EDGAR
Earlier and related filings by the same issuer and sponsor.
NEIGHBORHOOD FINANCE Corp raises $2M under Reg D
People on the filing
| Chris Johansen | Director |
| Linda Westergaard | Executive Officer, Director |
| Dave Williamson | Director |
| Eric Kool | Director |
| Scott Overland | Director |
| Will Thomson | Director |
| Tom Rude | Director |
| Cole McClelland | Executive Officer, Director |
| Travis Simpson | Director |
| Josh Moore | Director |
| Marsha Kephart | Director |
| Almardi Abdalla | Director |
| Sara Buck | Director |
| Margaret Wright | Executive Officer, Director |
| Kay Wright | Director |
| Lindsey Azizeh | Director |
| Stephanie Murphy | Executive Officer |
| Mark Alberico | Executive Officer |
[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers
Signed by Mark Alberico, Vice President, Finance & Administration and Treasurer.
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Filing contact
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