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NEW YORK EQUITY FUND INC

EIN 36-4041986 CHICAGO, IL

Revenue 2024
$211,479
Expenses 2024
$597,147

Program services were 80.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
Classification
3000
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.

Mission and programs · 2024

Mission

NEW YORK EQUITY FUND, 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.

Activities or mission (Part I)

NEW YORK EQUITY FUND, INC. ASSISTS NATIONAL EQUITY FUND, INC. IN THE DEVELOPMENT AND PRESERVATION OF HIGH-QUALITY LOW-INCOME RENTAL HOUSING BY MANAGING INVESTMENTS IN QUALIFYING HOUSING PROJECTS.

  • NEW YORK EQUITY FUND, INC. SERVES AS GENERAL PARTNER OR MANAGING MEMBER OF INVESTOR LIMITED PARTNERSHIPS OR LIMITED LIABILITY COMPANIES THAT ACQUIRE, CONSTRUCT, OR REHABILITATE AND OPERATE LOW-INCOME HOUSING PROJECTS.

    Expenses $482,865 · Revenue $211,479

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.

  • Mark Siranovic

    SVP (AND DIRECTOR)

    Total calculated
    $818,451
    From this org
    $0
    From related orgs
    $676,909
    Other
    $141,542
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,343 related
    Bonus
    $0 + $409,586 related
    Other
    $0 + $1,980 related
    Deferred
    $0 + $106,396 related
    Nontaxable benefits
    $0 + $35,662 related
    Filer's total
    $0 + $818,967 related
  • Matthew Reilein

    PRESIDENT & CEO (AND DIRECTOR)

    Total calculated
    $1,557,831
    From this org
    $0
    From related orgs
    $1,177,767
    Other
    $380,064
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $467,616 related
    Bonus
    $0 + $625,000 related
    Other
    $0 + $85,151 related
    Deferred
    $0 + $328,783 related
    Nontaxable benefits
    $0 + $51,281 related
    Filer's total
    $0 + $1,557,831 related
  • Peter Harrison

    SVP (AND DIRECTOR)

    Total calculated
    $775,972
    From this org
    $0
    From related orgs
    $625,598
    Other
    $150,374
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,788 related
    Bonus
    $0 + $360,000 related
    Other
    $0 + $3,810 related
    Deferred
    $0 + $117,488 related
    Nontaxable benefits
    $0 + $33,466 related
    Filer's total
    $0 + $776,552 related
  • Alex Denja

    SVP, COO, CFO

    Total calculated
    $1,021,086
    From this org
    $0
    From related orgs
    $822,313
    Other
    $198,773
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $317,946 related
    Bonus
    $0 + $470,000 related
    Other
    $0 + $34,367 related
    Deferred
    $0 + $153,200 related
    Nontaxable benefits
    $0 + $45,573 related
    Filer's total
    $0 + $1,021,086 related
  • Michael Rogers

    SVP & SECRETARY

    Total calculated
    $601,947
    From this org
    $0
    From related orgs
    $539,756
    Other
    $62,191
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $255,276 related
    Bonus
    $0 + $282,500 related
    Other
    $0 + $1,980 related
    Deferred
    $0 + $29,545 related
    Nontaxable benefits
    $0 + $33,114 related
    Filer's total
    $0 + $602,415 related
  • Reena Bramblett

    SVP

    Total calculated
    $881,150
    From this org
    $0
    From related orgs
    $756,328
    Other
    $124,822
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $284,835 related
    Bonus
    $0 + $469,513 related
    Other
    $0 + $1,980 related
    Deferred
    $0 + $96,896 related
    Nontaxable benefits
    $0 + $28,394 related
    Filer's total
    $0 + $881,618 related
  • Valerie White

    VP

    Total calculated
    $340,909
    From this org
    $0
    From related orgs
    $267,967
    Other
    $72,942
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $237,203 related
    Bonus
    $0 + $28,403 related
    Other
    $0 + $2,361 related
    Deferred
    $0 + $54,812 related
    Nontaxable benefits
    $0 + $18,657 related
    Filer's total
    $0 + $341,436 related
  • Kevin D Boes

    FORMER SVP

    Total calculated
    $645,539
    From this org
    $0
    From related orgs
    $407,646
    Other
    $237,893
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $189,146 related
    Bonus
    $0 + $218,500 related
    Other
    $0
    Deferred
    $0 + $212,385 related
    Nontaxable benefits
    $0 + $25,508 related
    Filer's total
    $0 + $645,539 related

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
    $211,479
    Expenses
    $597,147
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $257,814
    Expenses
    $602,674
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $415,625
    Expenses
    $605,383
    Contributions
    $0
    Grants paid
    $0

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
    $487,464
    Expenses
    $645,223
    Assets (EOY)
    $896,858
  • 2020 · 990

    Revenue
    $567,373
    Expenses
    $718,697
    Assets (EOY)
    $1,076,523
  • 2019 · 990

    Revenue
    $765,098
    Expenses
    $772,799
    Assets (EOY)
    $1,236,452
  • 2018 · 990

    Revenue
    $914,365
    Expenses
    $796,791
    Assets (EOY)
    $1,278,291
  • 2017 · 990

    Revenue
    $980,630
    Expenses
    $822,158
    Assets (EOY)
    $7,171,946
  • 2016 · 990

    Revenue
    $982,982
    Expenses
    $844,866
    Assets (EOY)
    $7,077,358
  • 2015 · 990

    Revenue
    $1,000,479
    Expenses
    $845,255
    Assets (EOY)
    $6,912,026
  • 2014 · 990

    Revenue
    $1,395,160
    Expenses
    $845,346
    Assets (EOY)
    $6,821,939
  • 2013 · 990

    Revenue
    $1,082,397
    Expenses
    $942,828
    Assets (EOY)
    $6,362,624
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,253,340
    Assets (EOY)
    $6,316,113

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

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

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.

Declared on its 2024 return

Declared as related by

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.

Related partnerships on its 2024 return

  • ACD MIDWEST FUND I LP

    LOW INCOME HOUSING · IL

  • ACD MIDWEST FUND II LP

    LOW INCOME HOUSING · IL

  • BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND III LP

    LOW INCOME HOUSING · DE

  • BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XIV LP

    LOW INCOME HOUSING · IL

  • BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XV LP

    LOW INCOME HOUSING · IL

  • BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XVI LP

    LOW INCOME HOUSING · IL

  • BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XVII LP

    LOW INCOME HOUSING · IL

  • BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XVIII LP

    LOW INCOME HOUSING · IL

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND IV LP

    LOW INCOME HOUSING · DE

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND IX LP

    LOW INCOME HOUSING · IL

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND VI LP

    LOW INCOME HOUSING · DE

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND VII LP

    LOW INCOME HOUSING · IL

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND VIII LP

    LOW INCOME HOUSING · IL

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND X LP

    LOW INCOME HOUSING · IL

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XI LP

    LOW INCOME HOUSING · IL

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XII LP

    LOW INCOME HOUSING · IL

  • BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XIII LP

    LOW INCOME HOUSING · IL

  • BFF PRESERVATION SIDE CAR LLC

    LOW INCOME HOUSING · NY

  • BLACK ECONOMIC DEVELOPMENT FUND LLC

    COMMUNITY DEV · NY

  • BLACK VISION FUND LLC

    COMMUNITY DEV · DE

  • BOA ADDABBO INVESTMENT FUND LLC

    COMMUNITY DEV · DE

  • BOA BARTLETT YARD INVESTMENT FUND

    COMMUNITY DEV · DE

  • BOA GOODWILL CHARLOTTE INVESTMENT FUND

    COMMUNITY DEV · DE

  • BOA RUMRILL PARK INVESTMENT FUND

    COMMUNITY DEV · DE

  • BOA URBAN CORPS INVESTMENT FUND

    COMMUNITY DEV · DE

The first 25 as filed. The return lists the rest.

Related corporations and trusts on its 2024 return

  • COMMUNITY DEVELOPMENT ADVOCATES - CHI INC

    C · LOW INCOME HOUSING · IL

  • COMMUNITY DEVELOPMENT ADVOCATES - WISCONSIN INC

    C · LOW INCOME HOUSING · IL

  • COMMUNITY DEVELOPMENT ADVOCATES RAD

    C · LOW INCOME HOUSING · IL

  • COMMUNITY DEVELOPMENT ADVOCATES INC

    C · LOW INCOME HOUSING · IL

  • MPEG ACCEPTANCE CORPORATION

    C · LOW INCOME HOUSING · MN

  • NEF ASSIGNMENT CORPORATION

    C · LOW INCOME HOUSING · IL

  • NEF COMMUNITY CAPITAL INC

    C · LOW INCOME HOUSING · IL

  • NEF DEVELOPMENT CORPORATION

    C · LOW INCOME HOUSING · IL

  • NEF INVESTMENT PARTNER

    C · LOW INCOME HOUSING · DE

  • NEF SUPPORT CORPORATION

    C · LOW INCOME HOUSING · IL

  • NEW MARKETS INVESTMENT 106 LLC

    C · COMMUNITY DEV. · DE

  • NEW MARKETS INVESTMENT 112 LLC

    C · COMMUNITY DEV. · DE

  • NEW MARKETS INVESTMENT 114 LLC

    C · COMMUNITY DEV. · DE

  • NEW MARKETS INVESTMENT 123 LLC

    C · COMMUNITY DEV. · DE

  • NEW MARKETS INVESTMENT 86 LLC

    C · COMMUNITY DEV. · DE

  • NEW MARKETS INVESTMENT 96 LLC

    C · COMMUNITY DEV. · DE

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.