Program areas at National Equity Fund
Nef, Inc serves as the general partner or managing member of investor limited partnerships and limited liability companies that acquire limited partner or non-managing member interests in project partnerships or project limited liability companies that acquire, own, construct, rehabilitate and operate low-income housing projects. In addition, nef, Inc. Provides and facilitates various grants, financing, technical assistance, and asset management services to support such investments in low-income housing projects.
Grants made by National Equity Fund
Who funds National Equity Fund
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Amount |
|---|
| Mondays Dark | 2023-12 | $10,000 |
Personnel at National Equity Fund
| Name | Title | Compensation | Date of data |
|---|
| Matt Reilein | Board Member | | 2024-09-24 |
| Matthew Reilein | President and Chief Executive Officer | $963,963 | 2024-09-24 |
| Alex Denja | Board Member | $735,910 | 2024-09-24 |
| Gaylene Domer | Vice President Facilities Management | | 2022-10-17 |
| Deborah Burkart | Managing Director - Sptve Hsing and SPL | $528,014 | 2022-12-31 |
| ...and 17 more key personnel |
Financials for National Equity Fund
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $57,412,087 | $57,972,532 | -1% |
| Investment income and dividends | $465,810 | $198,617 | 134.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $889,951 | $1,362,196 | -34.7% |
| Total revenues | $58,767,848 | $59,533,345 | -1.3% |
Organizations like National Equity Fund
| Organization | Type | Location | Revenue |
|---|
| Enterprise Community Investment | 501(c)(4) | Columbia, MD | $111,157,272 |
| Neighborhood Assistance Corporation of America (NACA) | 501(c)(4) | Boston, MA | $42,309,808 |
| Housing Partnership Network (HPN) | 501(c)(3) | Boston, MA | $28,438,558 |
| Mercy Housing | 501(c)(3) | Denver, CO | $77,198,808 |
| Breaking Ground Management | 501(c)(3) | New York, NY | $58,980,963 |
| Satellite Affordable Housing Associates | 501(c)(3) | Berkeley, CA | $38,332,149 |
| Alameda Affordable Housing Corporation | 501(c)(3) | Alameda, CA | $15,093,457 |
| Womens Housing and Economic Development Corporation (WHEDco) | 501(c)(3) | Bronx, NY | $34,316,877 |
| Arlington Partnership for Affordable Housing | 501(c)(3) | Arlington, VA | $20,138,513 |
| Self-Help Enterprises | 501(c)(3) | Visalia, CA | $65,987,549 |
Data update history
September 24, 2024
Updated personnel
Identified 2 new personnel
September 17, 2024
Updated personnel
Identified 8 new personnel
August 26, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Mondays Dark December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizations
Issues
EducationHuman servicesHousing
Characteristics
No characteristics found
General information
- Address
- 10 S Riverside Plaza Suite 1700
- Chicago, IL 60606
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Cook County, IL
- Website URL
- nationalequityfund.org/Â
- Phone
- (312) 360-0400
- Twitter profile
- @nef_liscÂ
IRS details
- EIN
- 36-3490231
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1987
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- L80: Housing Support Services
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Central organization
California AB-488 details
- AB 488 status
- May Not Operate or Solicit for Charitable Purposes
- Charity Registration status
- Revoked
- FTB status revoked
- Not revoked
- AG Registration Number
- 117711
- FTB Entity ID
- 1953904
- AB 488 data last updated ("as-of") date
- 2024-10-16
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