NonprofitsNational Association Of State And Local Equity Funds

National Association Of State And Local Equity Funds

DETROIT, MI

Total revenue

$756K

Total expenses

$590K

Net assets

$548K

Grants received

$393K

8 grants

EIN

311416668

Tax year

2024

Mission

To promote the efficient management of state and local equity funds and a greater understanding of the low income housing tax credit (lihtc) and encourage the professional development of its member organizations.

Programs

1 program

Placed ads in industry publications, exhibited at industry meetings, and published an annual report to promote the accomplishments of member state and local equity funds.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$749K
Investment income$7K
Other revenue
Total revenue$756K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$590K
Total expenses$590K
Total assets$603K
Net assets$548K

People

9 listed

NameRoleCompensation

ARI BELIAK

PRESIDENT

Board

1 hrs/wk

CATHERINE CAWTHON

VICE-PRESIDENT

Board

1 hrs/wk

BRETT OUMEDIAN

TREASURER

Board

1 hrs/wk

DANA BOOLE

SECRETARY

Board

1 hrs/wk

BOB NEWMAN

PAST-PRESIDENT

Board

1 hrs/wk

NANCY OWENS

DIRECTOR

Board

1 hrs/wk

STACY SUR

DIRECTOR

Board

1 hrs/wk

MODDIE TURAY

DIRECTOR

Board

1 hrs/wk

ANDREW WALSHAW

DIRECTOR

Board

1 hrs/wk

Independent contractors

CINNAIRE ADVANCING COMMUNITIES

ASSOCIATION MANAGEMENT

$189K

Grants received

Showing 8 of 8

FromAmountPurposeYear
$78K
AFFORDABLE HOUSING EDUCATION
2024
$65K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2024
$85K
AFFORDABLE HOUSING EDUCATION
2023
$65K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2023
$42K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2022
$26K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2020
$22K
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
2018

Funded by

$393K from 3 funders · 8 grants · 2018–2024

Massachusetts Housing Investment

$220K · 5 grants · 2018–2024

Merritt Community Capital

$163K · 2 grants · 2023–2024

Details

EIN311416668
Subsection06
Ruling date1997-08
Formed1994
Employees0
Volunteers0
NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS — Mission, Financials & Grants Received | Grantivo