NATIONAL EQUITY FUND INC

As filed

Subsection

04

Classification

1000

Street

540 W MADISON ST STE 1900

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

6 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 1900). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• NEF COMMUNITY INVESTMENTS INC

  EIN 36-4229337

• NEW YORK EQUITY FUND INC

  EIN 36-4041986

• NHT 36 INC

  EIN 84-4792761

• NHT 37 INC

  EIN 85-2592984

• NHT XIV INC

  EIN 52-2383867

• OREGON CORPORATION FOR AFFORDABLE HOUSING

  EIN 93-1113844

Mission and programs · 2024

• 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 PARTNERSHIPS OR PROJECT LIMITED LIABILITY COMPANIES THAT ACQUIRE, OWN, CONSTRUCT, REHABILITATE AND OPERATE LOW-INCOME HOUSING PROJECTS. IN ADDITION, NEF, INC. PROVIDES AND FACILITATES VARIOUS GRANTS, FINANCING, TECHNICAL ASSISTANCE, AND ASSET MANAGEMENT SERVICES TO SUPPORT SUCH INVESTMENTS IN LOW-INCOME HOUSING PROJECTS.

  Expenses $81,958,530 · Grants $17,490,500 · Revenue $83,259,174

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $85,480,265

  Expenses

  $93,522,251

  Contributions

  $0

  Grants paid

  $17,490,500

• 2023

  Revenue

  $85,962,936

  Expenses

  $90,040,711

  Contributions

  $0

  Grants paid

  $17,537,575

• 2022

  Revenue

  $58,767,848

  Expenses

  $82,608,491

  Contributions

  $0

  Grants paid

  $14,735,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $59,533,345

  Expenses

  $85,349,142

  Assets (EOY)

  $118,912,735

• 2020 · 990

  Revenue

  $63,282,557

  Expenses

  $70,825,279

  Assets (EOY)

  $106,020,434

• 2019 · 990

  Revenue

  $52,923,109

  Expenses

  $68,583,075

  Assets (EOY)

  $97,839,893

• 2018 · 990

  Revenue

  $55,401,603

  Expenses

  $61,139,710

  Assets (EOY)

  $89,732,932

• 2017 · 990

  Revenue

  $49,385,594

  Expenses

  $56,345,236

  Assets (EOY)

  $89,686,200

• 2016 · 990

  Revenue

  $51,317,523

  Expenses

  $54,146,338

  Assets (EOY)

  $89,535,769

• 2015 · 990

  Revenue

  $55,675,713

  Expenses

  $52,709,587

  Assets (EOY)

  $84,676,239

• 2014 · 990

  Revenue

  $44,489,284

  Expenses

  $45,791,389

  Assets (EOY)

  $71,740,591

• 2013 · 990

  Revenue

  $35,745,570

  Expenses

  $40,865,086

  Assets (EOY)

  $61,338,405

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $44,451,007

  Assets (EOY)

  $70,039,754

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• LOCAL INITIATIVES SUPPORT CORPORATION

  $17,500,000

  2023 · SUPPORT COMMUNITY DEVELOPMENT

• LOCAL INITIATIVES SUPPORT CORPORATION

  $17,400,000

  2024 · SUPPORT COMMUNITY DEVELOPMENT

• LOCAL INITIATIVES SUPPORT CORPORATION

  $14,700,000

  2022 · SUPPORT COMMUNITY DEVELOPMENT

• ABBEY ROAD INC

  $40,000

  2024 · SUPPORT LOW-INCOME HOUSING DEVELOPMENT

• COMMONS IMPACT FOUNDATION

  $20,000

  2022 · SUPPORT RESIDENTS OF AFFORDABLE HOUSING PROJECT PARTNERSHIPS

• PROJECT FOR PRIDE IN LIVING INC

  $20,000

  2023 · SUPPORT LOW-INCOME HOUSING DEVELOPMENT

• CHICAGO REHABILITATION NETWORK

  $15,000

  2024 · SUPPORT LOW-INCOME HOUSING DEVELOPMENT

• CHICAGO REHABILITATION NETWORK

  $15,000

  2022 · SUPPORT LOW-INCOME HOUSING DEVELOPMENT

• CHICAGO REHABILITATION NETWORK

  $15,000

  2023 · SUPPORT LOW-INCOME HOUSING DEVELOPMENT

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files