NonprofitsNational Equipment Finance Association Inc

Mutual & Membership Benefit

National Equipment Finance Association Inc

ADA, MI

Total revenue

$1.6M

Total expenses

$1.9M

Net assets

$1.5M

Grants received

EIN

263741546

Tax year

2024

Mission

To provide a forum for members to pursue personal and professional growth, ethics, advocacy, networking, education and involvement.

Programs

3 programs

Spring conference - the nefa summit was held in huntington beach, california in march 2024. The event attendance was 409 leasing industry professionals that gathered to network and learn about market conditions and new financing strategies.

Expenses: $523KGrants: $15K

Mini regional events - nefa held 7 mini regional events in 2024. These small-scale events were held in various locations around the united states and virtually and were forums for regional networking and education on a local level.

Expenses: $108K

Membership-membership in nefa is open to firms engaged in financing, leasing or commercial finance, or firms that have an active interest in the equipment financing and leasing field and who subscribe to the purposes of the association. Nefa empowers its members with developmental programs, networking opportunities, and large and small gatherings of association professionals and industry leaders from throughout the country. Nefa enhances the many benefits of membership through publications, professional communities and leadership opportunities. Newsline - the nefa publication is distributed bi-monthly and focuses on industry related news and education. Virtual networking - nefa held 15 virtual networking events in 2024. These events were held virtually and were forums for regional networking and education on a local level. Foundation - the foundation awards grants to individuals and organizations in the leasing industry.

Expenses: $702KGrants: $25K

Financials

FY 2024

Revenue

Contributions & grants$37K
Program service revenue$1.5M
Investment income$67K
Other revenue$27K
Total revenue$1.6M

Expenses

Grants paid$40K
Salaries & benefits$658K
Fundraising
Other expenses$1.2M
Total expenses$1.9M
Total assets$1.7M
Net assets$1.5M

People

14 listed

NameRoleCompensation

CHAD SLUSS

CEO

Board

$214K

40 hrs/wk

PAUL FOGLE CLFP

PRESIDENT

Board

2 hrs/wk

KIM KING CLFP

VICE PRESIDE

Board

2 hrs/wk

SHERVIN RASHTI CLFP

TREASURER

Board

2 hrs/wk

RON ELWOOD CLFP

SECRETARY

Board

2 hrs/wk

ROBERT HORNBY

PAST PRESIDE

Board

2 hrs/wk

JEFF BILBREY

DIRECTOR

Board

2 hrs/wk

MELISSA FISHER CLFP

DIRECTOR

Board

2 hrs/wk

DAVE GRUBER

DIRECTOR

Board

2 hrs/wk

JAIMIE HAVER CLFP

DIRECTOR

Board

2 hrs/wk

BETH MCLEAN CLFP

DIRECTOR

Board

2 hrs/wk

DREW OLYNICK CLFP

DIRECTOR

Board

2 hrs/wk

KRISTI SCHON

DIRECTOR

Board

2 hrs/wk

AMY WAGNER CLFP

DIRECTOR

Board

2 hrs/wk

Details

EIN263741546
NTEE codeY03
Subsection06
Ruling date2010-06
Formed2008
Employees7
Volunteers121
NATIONAL EQUIPMENT FINANCE ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo