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NATIONAL EQUIPMENT FINANCE ASSOCIATION INC

EIN 26-3741546 ADA, MI

Revenue 2025
$1,576,888
Expenses 2025
$1,675,264

Program services were 94.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
06
NTEE code
Y03
Classification
2000
Street
7125 HEADLEY ST SE

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).

Mission and programs · 2025

Mission

TO PROVIDE A FORUM FOR MEMBERS TO PURSUE PERSONAL AND PROFESSIONAL GROWTH, ETHICS, ADVOCACY, NETWORKING, EDUCATION AND INVOLVEMENT.

  • FALL CONFERENCE - THE NEFA FALL CONFERENCE WAS HELD IN MINNEAPOLIS, MINNESOTA IN OCTOBER 2025. THE EVENT HOSTED APPROXIMATELY OVER 400 LEASING PROFESSIONALS. ATTENDEES HAD THE OPPORTUNITY TO LEARN PRACTICAL TOOLS THAT COULD BE APPLIED TO THEIR COMPANIES.

    Expenses $389,338 · Revenue $467,704

  • SPRING CONFERENCE - THE NEFA SPRING CONFERENCE WAS HELD IN CARLSBAD, CALIFORNIA IN MARCH 2025. THE EVENT ATTRACTED OVER 325 ATTENDEES FROM THE EQUIPMENT FINANCE AND LEASING INDUSTRY. THE CONFERENCE ATTENDEES HAD THE OPPORTUNITY TO LEARN FROM INDUSTRY LEADERS, KEYNOTE SPEAKERS AND EACH OTHER DURING THE CONFERENCE.

    Expenses $439,052 · Revenue $509,933

  • REGIONAL EVENTS - NEFA HELD 6 REGIONAL EVENTS IN 2025. THESE EVENTS ARE SMALL SCALE NETWORKING AND EDUCATIONAL EVENTS IN LOCATIONS THROUGHOUT THE UNITED STATES. THESE FORUMS OFFER OPPORTUNITIES FOR INDIVIDUALS WITHIN THE INDUSTRY TO CONNECT WITH THEIR PEERS.

    Expenses $92,578 · Revenue $35,837

  • MEMBERSHIP-MEMBERSHIP IN NEFA IS OPEN TO FIRMS ENGAGED IN FINANCING, LEASING OR COMMERCIAL FINANCE, OR FIRMS THAT HAVE AN ACTIVE INTEREST IN THE EQUIPMENT FINANCING AND LEASING FIELD AND WHO SUBSCRIBE TO THE PURPOSES OF THE ASSOCIATION. NEFA EMPOWERS ITS MEMBERS WITH DEVELOPMENTAL PROGRAMS, NETWORKING OPPORTUNITIES, AND LARGE AND SMALL GATHERINGS OF ASSOCIATION PROFESSIONALS AND INDUSTRY LEADERS FROM THROUGHOUT THE COUNTRY. NEFA ENHANCES THE MANY BENEFITS OF MEMBERSHIP THROUGH PUBLICATIONS, PROFESSIONAL COMMUNITIES AND LEADERSHIP OPPORTUNITIES. NEWSLINE - THE NEFA PUBLICATION IS DISTRIBUTED BI-MONTHLY AND FOCUSES ON INDUSTRY RELATED NEWS AND EDUCATION. VIRTUAL NETWORKING - NEFA HELD 11 VIRTUAL NETWORKING EVENTS IN 2025. THESE EVENTS WERE HELD VIRTUALLY AND WERE FORUMS FOR REGIONAL NETWORKING AND EDUCATION ON A LOCAL LEVEL.

    Expenses $662,616 · Grants $199 · Revenue $485,337

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CHAD SLUSS

    CEO

    Total calculated
    $222,227
    From this org
    $215,720
    From related orgs
    $0
    Other
    $6,507
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,720
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,507
    Nontaxable benefits
    not reported
    Filer's total
    $222,227

  • KIM KING CLFP

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • SHERVIN RASHTI CLFP

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    0.5

  • RON ELWOOD CLFP

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • JAIMIE HAVER CLFP

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • PAUL FOGLE CLFP

    PAST PRESIDE

    Total calculated
    $0
    Hours/week
    0.5

  • JEFF BILBREY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • MELISSA FISHER CLFP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DAVE GRUBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • DREW OLYNICK CLFP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KRISTI SCHON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KIT WEST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • TAMARA MCCOURT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • AMY WAGNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ALICIA BOS

    DIRECTOR OF

    Total calculated
    $118,278
    From this org
    $108,867
    From related orgs
    $0
    Other
    $9,411
    Hours/week
    40

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

  • 2025
    Revenue
    $1,576,888
    Expenses
    $1,675,264
    Contributions
    $0
    Grants paid
    $199
  • 2024
    Revenue
    $1,620,239
    Expenses
    $1,879,188
    Contributions
    $36,806
    Grants paid
    $40,498
  • 2023
    Revenue
    $1,737,344
    Expenses
    $1,583,957
    Contributions
    $35,975
    Grants paid
    $36,755
  • 2022
    Revenue
    $1,345,862
    Expenses
    $1,348,524
    Contributions
    $24,025
    Grants paid
    $39,465

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
    $820,325
    Expenses
    $839,525
    Assets (EOY)
    $1,993,686

  • 2020 · 990

    Revenue
    $381,544
    Expenses
    $464,811
    Assets (EOY)
    $2,138,828

  • 2019 · 990

    Revenue
    $946,506
    Expenses
    $692,670
    Assets (EOY)
    $2,280,954

  • 2018 · 990

    Revenue
    $862,614
    Expenses
    $662,835
    Assets (EOY)
    $1,954,135

  • 2017 · 990

    Revenue
    $791,755
    Expenses
    $551,684
    Assets (EOY)
    $1,610,479

  • 2016 · 990

    Revenue
    $747,957
    Expenses
    $535,362
    Assets (EOY)
    $1,390,081

  • 2015 · 990

    Revenue
    $714,418
    Expenses
    $454,997
    Assets (EOY)
    $1,182,778

  • 2014 · 990

    Revenue
    $595,768
    Expenses
    $397,291
    Assets (EOY)
    $897,676

  • 2013 · 990

    Revenue
    $554,883
    Expenses
    $375,785
    Assets (EOY)
    $637,081

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $355,299
    Assets (EOY)
    $474,133

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

Where these grants went next →

Grants received

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 2025 return

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 26 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.