Public Charity

NATIONAL EQUITY FUND INC

NATIONAL EQUITY FUND INC, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $85.5M in revenue, $93.5M in expenses, $122.2M in total assets. 1 publicly reported grants to this organization, totaling roughly $55K, appear in IRS filings.

EIN: 363490231 CHICAGO, IL Latest filing: 2024
Total Revenue$85.5M
Total Expenses$93.5M
Total Assets$122.2M
Grant Records1
Funding Total$55K
Filing Years2019–2024

Mission

SEE SCHEDULE O

Where $100 goes at National Equity Fund Inc

How National Equity Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$88
Nef, inc serves as the general partner or managing member of investor limited partnerships and limited liability companies that acquire limited partner or non-managing member interests in project…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SVP, COO, CFO Alex Denja
DIRECTOR Al Morisato
CHAIRMAN (AND DIRECTOR) Andrew Ditton
SVP, STRUCTURED FINANCE Daryl Shore
SVP/CIO Ed Simon
DIRECTOR Edward Sigler

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$55,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $85.5M $93.5M $122.2M
2023 $86.0M $90.0M $126.4M
2022 $58.8M $82.6M $105.6M
2020 $63.3M $70.8M $106.0M
2019 $52.9M $68.6M $97.8M

Between 2019 and 2024, reported annual revenue grew from $52.9M to $85.5M (+62%), with total assets most recently reported at $122.2M.

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

See the full picture for NATIONAL EQUITY FUND INC

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