Public Charity

NEF COMMUNITY INVESTMENTS INC

NEF COMMUNITY INVESTMENTS INC is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2024 filing: $80.4M revenue, $70.4M expenses, $65.1M total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $527K.

EIN: 364229337 CHICAGO, IL Latest filing: 2024
Total Revenue$80.4M
Total Expenses$70.4M
Total Assets$65.1M
Grants Given1
Grant Total$527K
Filing Years2019–2024

Mission

NEF COMMUNITY INVESTMENTS, INC. ASSISTS NATIONAL EQUITY FUND, INC. IN THE DEVELOPMENT AND PRESERVATION OF HIGH-QUALITY LOW-INCOME RENTAL HOUSING BY ESTABLISHING AND MANAGING INVESTMENT FUNDS THAT ATTRACT CAPITAL FOR INVESTMENT IN HOUSING PROJECTS QUALIFYING FOR LOW-INCOME HOUSING TAX CREDITS AND CONDUCTING RELATED ACTIVITIES.

Sample Grants Given

CHICAGO, IL · 2022
SUPPORT THE NEXT GENERATION OF EMERGING BLACK, INDIGENOUS, AND PEOPLE OF COLOR (BIPOC) DEVELOPERS IN THE AFFORDABLE HOUSING INDUSTRY.
$526,535

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

SVP, COO, CFO Alex Denja
SVP & ASST SEC. (& OUTGOING DIRCTOR) Judy Schneider
FORMER SVP Kevin D Boes
SVP (AND DIRECTOR) Mark Siranovic
PRESIDENT & CEO (& DIRECTOR) Matthew Reilein
SVP & SECRETARY Michael Rogers

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT THE NEXT GENERATION OF EMERGING BLACK, INDIGENOUS, AND PEOPLE OF COLOR (BIPOC) DEVELOPERS IN THE AFFORDABLE HOUSING INDUSTRY.
$526,535 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $80.4M $70.4M $65.1M
2023 $72.6M $64.9M $60.7M
2022 $69.8M $44.8M $59.3M
2020 $54.8M $42.5M $35.9M
2019 $50.7M $31.8M $37.1M

Between 2019 and 2024, reported annual revenue grew from $50.7M to $80.4M (+59%), with total assets most recently reported at $65.1M.

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

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

Full geographic grant map with state-by-state breakdown available with membership.

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