Public Charity

NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS

NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS, of DETROIT, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $756K in revenue, $590K in expenses, $603K in total assets. 14 publicly reported grants to this organization, totaling roughly $489K, appear in IRS filings.

EIN: 311416668 DETROIT, MI Latest filing: 2024
Total Revenue$756K
Total Expenses$590K
Total Assets$603K
Grant Records14
Funding Total$489K
Filing Years2019–2024

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.

Sample Grants Received

2024
AFFORDABLE HOUSING EDUCATION
$77,857
2024
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
$65,000
2023
AFFORDABLE HOUSING EDUCATION
$85,000
2023
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
$65,000
2022
CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
$42,167

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

DIRECTOR Andrew Walshaw
PRESIDENT Ari Beliak
PAST-PRESIDENT Bob Newman
TREASURER Brett Oumedian
VICE-PRESIDENT Catherine Cawthon
SECRETARY Dana Boole

Officer compensation and complete director data available with membership.

Top Grant Purposes

CHARITABLE CONTRIBUTION FOR GENERAL FUNDING
$273,167 7 grants
AFFORDABLE HOUSING EDUCATION
$162,857 2 grants
SPONSORSHIPS
$37,000 3 grants
GENERAL SUPPORT
$10,000 1 grant
SPONSER
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $756K $590K $603K
2023 $679K $471K $427K
2022 $537K $310K $221K
2020 $242K $238K $149K
2019 $413K $402K $166K

Between 2019 and 2024, reported annual revenue grew from $413K to $756K (+83%), with total assets most recently reported at $603K.

Interactive year-over-year charts and full filing details available with membership.

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