NonprofitsNef Community Investments Inc

Housing & Shelter

Nef Community Investments Inc

CHICAGO, IL

Total revenue

$80.4M

Total expenses

$70.4M

Net assets

$63.9M

Grants received

EIN

364229337

Tax year

2024

Mission

Nef community investments, inc. Assists nef, inc. In the development and preservation of high-quality low-income rental housing by managing investments in qualifying projects.

Programs

1 program

Nef community investments, inc. Serves as the sole member of nef permanent lending llc which serves as a member of cpc mortgage company llc, a joint venture with affiliates of the community preservation corporation, a new york not-for-profit corporation, and cinnaire corporation, a michigan not-for-profit corporation, providing gse and agency financing for the development of housing affordable to low- and moderate-income individuals and families in order to preserve and rehabilitate neighborhoods experiencing deterioration and disinvestment.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$80.0M
Investment income$432K
Other revenue
Total revenue$80.4M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$70.4M
Total expenses$70.4M
Total assets$65.1M
Net assets$63.9M

People

8 listed

NameRoleCompensation

JUDY SCHNEIDER

SVP & ASST SEC. (& OUTGOING DIRCTOR)

Board

18 hrs/wk

MARK SIRANOVIC

SVP (AND DIRECTOR)

Board

18 hrs/wk

MATTHEW REILEIN

PRESIDENT & CEO (& DIRECTOR)

Board

18 hrs/wk

REENA BRAMBLETT

SVP (AND DIRECTOR)

Board

18 hrs/wk

ALEX DENJA

SVP, COO, CFO

Board

18 hrs/wk

MICHAEL ROGERS

SVP & SECRETARY

Board

18 hrs/wk

PETER HARRISON

SVP

Board

18 hrs/wk

KEVIN D BOES

FORMER SVP

Staff

0

Independent contractors

NATIONAL EQUITY FUND INC

CONSULTING FEES

$70.3M

Details

EIN364229337
NTEE codeL20
Subsection04
Ruling date2005-06
Formed1998
Employees0
Volunteers0
NEF COMMUNITY INVESTMENTS INC — Mission, Financials & Grants Received | Grantivo