More than 300 people gathered at the NeighborWorks Training Institute this month for "It Takes a Village: Achieving Black Wealth and Economic Prosperity," part of a symposia series with a focus on advancing equity for people of color.

Often when people speak of Black wealth, they talk first of homeownership, and that's certainly one path to get there, explains Sheila Anderson, senior director of NeighborWorks America's Western Region. "But that's not the end all for building wealth." To truly increase wealth and assets in Black households and communities, we must think more broadly, she says.

From a young age, Monica Arceo Mendoza was aware of a lack of decent, affordable housing. "My family still struggles with housing insecurity today and it is an issue that is not unique to our family," she says. Her experience led her to California Coalition of Rural Housing’s (CCRH) Internship Program for Diversity in Nonprofit Housing and Community Development.

From a young age, Monica Arceo Mendoza was aware of a lack of decent, affordable housing. "My family still struggles with housing insecurity today and it is an issue that is not unique to our family," she says. Her experience led her to California Coalition of Rural Housing’s (CCRH) Internship Program for Diversity in Nonprofit Housing and Community Development.

Maintaining a talent pool in today's nonprofit workplace has its challenges. There's what's being called "The Great Resignation," the recent trend of workers leaving their jobs over the past two years in search of better ones. Last year alone, 47.8 million workers quit their jobs, a record high. There's an increased focus on the need for diversity, equity and inclusion. And the pandemic has changed what the workplace looks like and feels like.

Maintaining a talent pool in today's nonprofit workplace has its challenges. There's what's being called "The Great Resignation," the recent trend of workers leaving their jobs over the past two years in search of better ones. Last year alone, 47.8 million workers quit their jobs, a record high. There's an increased focus on the need for diversity, equity and inclusion. And the pandemic has changed what the workplace looks like and feels like.

"It's hard to gain assets or manage money without a basic understanding of financial capability," says Lucien Blackwell, equity sales associate for an international investment banking firm and instructor for a course on credit at the upcoming NeighborWorks Training Institute (NTI) "Money makes the world go round." 

Insurance, a repair business, a real estate firm and a sub-shop franchise. These are just some of the ways NeighborWorks network organizations earn revenue to support their nonprofits, which, with new management practices and processes, should help those nonprofits remain stable for years to come. 

Insurance, a repair business, a real estate firm and a sub-shop franchise. These are just some of the ways NeighborWorks network organizations earn revenue to support their nonprofits, which, with new management practices and processes, should help those nonprofits remain stable for years to come.