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 | President and Chief Executive Officer | | 2025-01-23 |
| Priya Jayachandran | Chief Executive Officer | | 2025-01-23 |
| Alex Denja | Board Member | $774,334 | 2025-01-23 |
| Gaylene Domer | Vice President Facilities Management | | 2022-10-17 |
| Daryl Shore | Senior Vice President , Structured Finance | | 2024-11-22 |
| ...and 10 more key personnel |
Financials for National Equity Fund
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $81,909,278 | $57,412,087 | 42.7% |
| Investment income and dividends | $2,473,113 | $465,810 | 430.9% |
| 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 | $1,580,545 | $889,951 | 77.6% |
| Total revenues | $85,962,936 | $58,767,848 | 46.3% |
Organizations like National Equity Fund
| Organization | Type | Location | Revenue |
|---|
| Neighborhood Assistance Corporation of America (NACA) | 501(c)(4) | Boston, MA | $38,882,089 |
| Enterprise Community Investment | 501(c)(4) | Columbia, MD | $111,157,272 |
| Satellite Affordable Housing Associates | 501(c)(3) | Berkeley, CA | $38,332,149 |
| Womens Housing and Economic Development Corporation (WHEDco) | 501(c)(3) | Bronx, NY | $34,316,877 |
| Carrfour Supportive Housing | 501(c)(3) | Miami, FL | $24,975,502 |
| Self-Help Enterprises | 501(c)(3) | Visalia, CA | $65,987,549 |
| Housing Partnership Network (HPN) | 501(c)(3) | Boston, MA | $28,438,558 |
| Breaking Ground Management | 501(c)(3) | New York, NY | $58,939,172 |
| Tlingit-Haida Regional Housing Authority (THRHA) | 501(c)(3) | Juneau, AK | $23,553,782 |
| Jamboree Housing Corporation | 501(c)(3) | Irvine, CA | $33,004,708 |
Data update history
January 17, 2025
Posted financials
Added Form 990 for fiscal year 2023
November 21, 2024
Updated personnel
Identified 1 new personnel
October 20, 2024
Updated personnel
Identified 1 new personnel
September 24, 2024
Updated personnel
Identified 2 new personnel
September 17, 2024
Updated personnel
Identified 8 new personnel
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
- nefinc.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
- 2025-02-19
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