Skip to content
Nonprofiteer
← LOW INCOME INVESTMENT FUND

Form 990 for tax year 2024

Filed by LOW INCOME INVESTMENT FUND.

Totals

Total revenue
$123,432,648
Total expenses
$72,551,940
Contributions and grants received
$70,136,586
Grants paid
$14,164,523
Program services expenses (Part IX)
$56,597,222
Management and general expenses
$13,227,755
Fundraising expenses
$2,726,963
Program service expenses (Part III)
$56,597,222

Program services were 78.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CALVIN GLADNEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CAROL NAUGHTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DANIEL NISSENBAUM

    DIRECTOR & CEO

    Total calculated
    $678,805
    From this org
    $626,756
    From related orgs
    $0
    Other
    $52,049
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $566,772
    Bonus
    $57,200
    Other
    $2,784
    Deferred
    $13,800
    Nontaxable benefits
    $38,249
    Filer's total
    $678,805
  • DAVID FLEMING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DIONNE NELSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • EILEEN FITZGERALD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ERIKA POETHIG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GLORIA LEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JESSICA SAGER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL SOLOMON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • REYMUNDO OCANAS

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • RUSSELL BRUEMMER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • TAWANNA BLACK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM C KELLY JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • YOHANA QUIROZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DENISE NOEL

    EVP & GENERAL COUNSEL

    Total calculated
    $342,118
    From this org
    $302,442
    From related orgs
    $0
    Other
    $39,676
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,502
    Bonus
    $35,000
    Other
    $1,940
    Deferred
    $12,184
    Nontaxable benefits
    $27,492
    Filer's total
    $342,118
  • KIMBERLY LATIMER-NELLIGAN

    PRESIDENT

    Total calculated
    $463,926
    From this org
    $430,622
    From related orgs
    $0
    Other
    $33,304
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $397,772
    Bonus
    $30,000
    Other
    $2,850
    Deferred
    $13,800
    Nontaxable benefits
    $19,504
    Filer's total
    $463,926
  • MARIA ARELLANO BAGLIERI

    EVP & CHIEF STRATEGY OFFICER

    Total calculated
    $212,199
    From this org
    $180,363
    From related orgs
    $0
    Other
    $31,836
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,784
    Bonus
    $34,055
    Other
    $524
    Deferred
    $7,278
    Nontaxable benefits
    $24,558
    Filer's total
    $212,199
  • PANAGIOTA MAHENDRU

    CFO & EVP

    Total calculated
    $435,098
    From this org
    $383,049
    From related orgs
    $0
    Other
    $52,049
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $350,674
    Bonus
    $30,000
    Other
    $2,375
    Deferred
    $13,800
    Nontaxable benefits
    $38,249
    Filer's total
    $435,098
  • TINA WALKER

    EVP & CHIEF PEOPLE OFFICER

    Total calculated
    $312,027
    From this org
    $276,460
    From related orgs
    $0
    Other
    $35,567
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,812
    Bonus
    $14,816
    Other
    $2,832
    Deferred
    $11,106
    Nontaxable benefits
    $24,461
    Filer's total
    $312,027
  • CHRISTINA SHIWBALAK

    VP, OPERATIONS

    Total calculated
    $301,602
    From this org
    $273,158
    From related orgs
    $0
    Other
    $28,444
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,185
    Bonus
    $28,169
    Other
    $1,804
    Deferred
    $11,015
    Nontaxable benefits
    $17,429
    Filer's total
    $301,602
  • MARY GARLING

    SVP, NATIONAL EARLY CARE EDUCATION

    Total calculated
    $319,499
    From this org
    $282,204
    From related orgs
    $0
    Other
    $37,295
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,872
    Bonus
    $25,500
    Other
    $2,832
    Deferred
    $11,333
    Nontaxable benefits
    $25,962
    Filer's total
    $319,499
  • RACHEL L BLUESTEIN

    SVP, CHIEF PROGRAM OFFICER

    Total calculated
    $341,819
    From this org
    $280,461
    From related orgs
    $0
    Other
    $61,358
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,166
    Bonus
    $37,271
    Other
    $1,024
    Deferred
    $11,519
    Nontaxable benefits
    $49,839
    Filer's total
    $341,819
  • STEPHANIE MCFADDEN

    SVP, CHIEF LENDING OFFICER

    Total calculated
    $340,549
    From this org
    $292,334
    From related orgs
    $0
    Other
    $48,215
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,033
    Bonus
    $0
    Other
    $90,301
    Deferred
    $8,933
    Nontaxable benefits
    $39,282
    Filer's total
    $340,549
  • SUSAN HYMAN

    SVP, CHIEF CREDIT OFFICER

    Total calculated
    $328,598
    From this org
    $298,508
    From related orgs
    $0
    Other
    $30,090
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,908
    Bonus
    $27,085
    Other
    $3,515
    Deferred
    $12,058
    Nontaxable benefits
    $18,032
    Filer's total
    $328,598

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
LIFF REIMBURSES EMPLOYEES FOR HEALTH CLUB MEMBERSHIPS UP TO A MONTHLY CAP AMOUNT OF $50. THIS BENEFIT IS INCLUDED IN EACH EMPLOYEE'S TAXABLE INCOME.
PART I, LINE 7
A BONUS POOL IS ESTABLISHED FOR EACH FISCAL YEAR. EACH EMPLOYEE IS ELIGIBLE FOR A BONUS AT A FIXED PERCENTAGE. MANAGEMENT MAY PROVIDE ADDITIONAL BONUS COMPENSTION AT THE DISCRETION OF THE BOARD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • NATIONAL AFFORDABLE HOUSING TRUST INC

    501(C)(3) · LOW INCOME HOUSING · MD · controlled entity

    Directly controlled by LOW INCOME INVESTMENT FUND

  • NHT 36 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NAHTSAHF AFFORDABLE HOUSING COMMUNITIES 2019-2

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NAHTSAHF AFFORDABLE HOUSING COMMUNITIES 2019-1

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 35 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT-SFF 2015 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 31 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 29 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 37 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 33 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 32 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 30 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT AGENT INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT VI INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT V INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT IV INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 28 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 27 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • XAVIER AFFORDABLE HOUSING INC

    501(C)(3) · ACQUIRE, INVEST, OWN, REHAB OR CONSTRUCT AFFORDABLE HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT III INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT I INC

    501(C)(3) · ACQUIRE, INVEST, OWN, REHAB OR CONSTRUCT AFFORDABLE HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT X INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT XI INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 34 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT XIV INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT XV INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT XVI INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT XXI INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NAHT MASSACHUSETTS INC

    501(C)(3) · ACQUIRE, INVEST, OWN, REHAB OR CONSTRUCT AFFORDABLE HOUSING · DE

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 38 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT 39 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • NHT OPTUM INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

    Directly controlled by NATIONAL AFFORDABILITY HOUSING TRUST INC

  • HIGHLAND AFFORDABLE HOUSING INC

    501(C)(3) · ACQUIRE, INVEST, OWN, REHAB OR CONSTRUCT AFFORDABLE HOUSING · MI

Provenance

Return type
form_990
Tax year
2024
Filed
2 April 2026
IRS schema version
2024v5.5
Source object
202620989349300747

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.