Nonprofits›National Equity Fund Inc

National Equity Fund Inc

CHICAGO, IL

WebsiteView as a funder

Total revenue

$85.5M

Total expenses

$93.5M

Net assets

$35.1M

Grants received

—

EIN

363490231

Tax year

2024

Mission

National equity fund's mission is to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing. We envision a society where increased access to affordable housing empowers every individual and family to reach their full potential.

Financials

FY 2024

Revenue

Contributions & grants—
Program service revenue$81.7M
Investment income$2.5M
Other revenue$1.3M
Total revenue$85.5M

Expenses

Grants paid$17.5M
Salaries & benefits$53.5M
Fundraising—
Other expenses$22.6M
Total expenses$93.5M
Total assets$122.2M
Net assets$35.1M

People

32 listed

NameRoleCompensation

MATTHEW REILEIN

PRESIDENT & CEO (AND DIRECTOR)

Board

$1.2M

18 hrs/wk

ALEX DENJA

SVP, COO, CFO

Board

$822K

18 hrs/wk

REENA BRAMBLETT

SVP, CHIEF OF PRODUCTION

Board

$756K

18 hrs/wk

JUDY SCHNEIDER

SVP, CHIEF CREDIT & RISK OFFICER

Board

$690K

18 hrs/wk

MARK SIRANOVIC

SVP, CAPITAL MARKETS

Board

$677K

18 hrs/wk

PETER HARRISON

SVP, ASSET MANAGEMENT

Board

$626K

18 hrs/wk

MICHAEL ROGERS

SVP, GEN. COUNSEL & SECRETARY

Board

$540K

18 hrs/wk

JACLYN JACKSON

SVP, CHIEF ADMINISTRATIVE OFFICER

Board

$532K

18 hrs/wk

DARYL SHORE

SVP, STRUCTURED FINANCE

Board

$477K

40 hrs/wk

MICHAEL MAY

DIRECTOR

Board

$81K

7 hrs/wk

EDWARD SIGLER

DIRECTOR

Board

$17K

2 hrs/wk

VICKY ARROYO

DIRECTOR

Board

$16K

2 hrs/wk

AL MORISATO

DIRECTOR

Board

$14K

2 hrs/wk

VIOLET CLARKE

DIRECTOR

Board

$14K

2 hrs/wk

ELDRIDGE EDGECOMBE

DIRECTOR

Board

$11K

2 hrs/wk

JANE GRAF

DIRECTOR

Board

$10K

2 hrs/wk

GARY ROZIER

DIRECTOR

Board

$9K

2 hrs/wk

ANDREW DITTON

CHAIRMAN (AND DIRECTOR)

Board

$9K

2 hrs/wk

HELEN DUNLAP

DIRECTOR

Board

$8K

2 hrs/wk

PRIYA JAYACHANDRAN

DIRECTOR

Board

$8K

2 hrs/wk

LISA GLOVER

DIRECTOR

Board

$7K

2 hrs/wk

ROBERT MANTLE

DIRECTOR

Board

—

2 hrs/wk

ROBERT COONEY

DIRECTOR

Board

—

2 hrs/wk

MICHAEL PUGH

VICE CHAIRMAN (AND DIRECTOR)

Board

—

2 hrs/wk

KRISTEN SWITZER

DIRECTOR

Board

—

2 hrs/wk

SINDY SPIVAK

DIRECTOR

Board

—

2 hrs/wk

RACHEL RHODES

SVP, LIHTC PRODUCTION

Staff

$683K

40 hrs/wk

TODD FABIAN

MANAGING DIRECTOR - WEST REGION

Staff

$648K

40 hrs/wk

KRISTEN SENFF

MANAGING DIRECTOR - CENTRAL REGION

Staff

$642K

40 hrs/wk

ED SIMON

SVP/CIO

Staff

$575K

40 hrs/wk

EMILY CHEN

MANAGING DIRECTOR - EAST REGION

Staff

$564K

40 hrs/wk

KEVIN BOES

FORMER SVP

Staff

—

0

Independent contractors

NOVOGRADAC & COMPANY LLP

AUDIT AND TAX SERVICES

$3.2M

BARNES & THORNBURG LLP

LEGAL SERVICES

$2.0M

HOLLAND & KNIGHT LLP

LEGAL SERVICES

$1.8M

KRAUS LAM LLC

LEGAL SERVICES

$1.7M

COHNREZNICK

AUDIT AND TAX SERVICES

$1.3M

Details

EIN363490231
Subsection04
Ruling date0000-00
Formed1987
Employees247
Volunteers0
NATIONAL EQUITY FUND INC — Mission, Financials & Grants Received | Grantivo