Skip to content
Nonprofiteer
← NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS

Form 990 for tax year 2022

Filed by NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS.

Totals

Total revenue
$536,556
Total expenses
$309,834
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$536,541
Investment income
$15
Other revenue
$0
Total assets, end of year
$221,119
Total liabilities, end of year
$47,935
Net assets or fund balances, end of year
$173,184
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $320,800 · related or exempt $320,800

  • 2b · Program service revenue: ANNUAL CONFERENCE SPON

    total $162,236 · related or exempt $162,236

  • 2c · Program service revenue: ANNUAL CONFERENCE REVE

    total $53,505 · related or exempt $53,505

  • 3 · Investment income

    total $15 · excluded $15

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $983

  • 11c · Fees: accounting

    total $13,575

  • 11d · Fees: lobbying

    total $72,000

  • 11g · Fees: other

    total $45,498

  • 13 · Office expenses

    total $690

  • 17 · Travel

    total $3,882

  • 19 · Conferences, conventions and meetings

    total $120,951

  • 24a · Other expenses: BAD DEBTS

    total $31,950

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $20,000

  • 24c · Other expenses: BANKING AND PROCESSING

    total $305

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,919 · end of year $141,588

  • 2 · Savings and temporary cash investments

    beginning of year $5,038

  • 4 · Accounts receivable

    beginning of year $137,321 · end of year $44,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,333 · end of year $35,531

  • 17 · Accounts payable and accrued expenses

    beginning of year $119,349 · end of year $47,935

  • 19 · Deferred revenue

    beginning of year $110,800

  • 27 · Net assets without donor restrictions

    beginning of year -$53,538 · end of year $173,184

Mission and programs · 2022

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.

  • ANNUAL CONFERENCE TO DISCUSS GENERAL ISSUES IN THE LOW INCOME HOUSING TAX CREDIT INDUSTRY.

  • PLACED ADS IN INDUSTRY PUBLICATIONS, EXHIBITED AT INDUSTRY MEETINGS, AND PUBLISHED AN ANNUAL REPORT TO PROMOTE THE ACCOMPLISHMENTS OF MEMBER STATE AND LOCAL EQUITY FUNDS.

As filed on the 2022 return.

Listed in Part VII

  • Bob Newman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Ari Beliak

    VICE-PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • John Kennedy

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Catherine Cawthon

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Dana Boole

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nancy Owens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stacy Sur

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Hibbard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Don Sterhan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Peffley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
7 November 2023
IRS schema version
2022v5.0
Source object
202303129349301465

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.