Skip to content
Nonprofiteer
← All organizations

NATIONAL EQUITY FUND INC

EIN 36-3490231 CHICAGO, IL

Revenue 2024
$85,480,265
Expenses 2024
$93,522,251

Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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).

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.

  • AL MORISATO

    DIRECTOR

    Total calculated
    $14,000
    From this org
    $14,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • ANDREW DITTON

    CHAIRMAN (AND DIRECTOR)

    Total calculated
    $9,000
    From this org
    $9,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • EDWARD SIGLER

    DIRECTOR

    Total calculated
    $17,000
    From this org
    $17,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • ELDRIDGE EDGECOMBE

    DIRECTOR

    Total calculated
    $11,000
    From this org
    $11,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • GARY ROZIER

    DIRECTOR

    Total calculated
    $9,000
    From this org
    $9,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • HELEN DUNLAP

    DIRECTOR

    Total calculated
    $284,221
    From this org
    $8,000
    From related orgs
    $276,221
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $8,000 + $276,221 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $8,000 + $276,221 related

  • JANE GRAF

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • KRISTEN SWITZER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LISA GLOVER

    DIRECTOR

    Total calculated
    $98,802
    From this org
    $7,000
    From related orgs
    $85,788
    Other
    $6,014
    Hours/week
    2

  • MATTHEW REILEIN

    PRESIDENT & CEO (AND DIRECTOR)

    Total calculated
    $1,557,831
    From this org
    $1,177,767
    From related orgs
    $0
    Other
    $380,064
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

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

  • MICHAEL MAY

    DIRECTOR

    Total calculated
    $81,000
    From this org
    $81,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    7

  • MICHAEL PUGH

    VICE CHAIRMAN (AND DIRECTOR)

    Total calculated
    $857,480
    From this org
    $0
    From related orgs
    $688,920
    Other
    $168,560
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $613,071 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $849 related
    Deferred
    $0 + $154,440 related
    Nontaxable benefits
    $0 + $14,648 related
    Filer's total
    $0 + $858,008 related

  • PRIYA JAYACHANDRAN

    DIRECTOR

    Total calculated
    $8,000
    From this org
    $8,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • ROBERT COONEY

    DIRECTOR

    Total calculated
    $491,551
    From this org
    $0
    From related orgs
    $370,806
    Other
    $120,745
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $329,288 related
    Bonus
    $0 + $39,081 related
    Other
    $0 + $2,437 related
    Deferred
    $0 + $74,565 related
    Nontaxable benefits
    $0 + $46,716 related
    Filer's total
    $0 + $492,087 related

  • ROBERT MANTLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SINDY SPIVAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • VICKY ARROYO

    DIRECTOR

    Total calculated
    $16,000
    From this org
    $16,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • VIOLET CLARKE

    DIRECTOR

    Total calculated
    $14,000
    From this org
    $14,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • ALEX DENJA

    SVP, COO, CFO

    Total calculated
    $1,021,086
    From this org
    $822,313
    From related orgs
    $0
    Other
    $198,773
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

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

  • DARYL SHORE

    SVP, STRUCTURED FINANCE

    Total calculated
    $520,340
    From this org
    $476,557
    From related orgs
    $0
    Other
    $43,783
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $261,257
    Bonus
    $215,000
    Other
    $300
    Deferred
    $29,736
    Nontaxable benefits
    $14,515
    Filer's total
    $520,808

  • JACLYN JACKSON

    SVP, CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $698,951
    From this org
    $532,385
    From related orgs
    $0
    Other
    $166,566
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

    Base
    $262,548
    Bonus
    $240,000
    Other
    $29,837
    Deferred
    $118,041
    Nontaxable benefits
    $48,525
    Filer's total
    $698,951

  • JUDY SCHNEIDER

    SVP, CHIEF CREDIT & RISK OFFICER

    Total calculated
    $832,106
    From this org
    $689,613
    From related orgs
    $0
    Other
    $142,493
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

    Base
    $270,803
    Bonus
    $415,000
    Other
    $3,810
    Deferred
    $131,046
    Nontaxable benefits
    $11,963
    Filer's total
    $832,622

  • MARK SIRANOVIC

    SVP, CAPITAL MARKETS

    Total calculated
    $818,451
    From this org
    $676,909
    From related orgs
    $0
    Other
    $141,542
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

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

  • MICHAEL ROGERS

    SVP, GEN. COUNSEL & SECRETARY

    Total calculated
    $601,947
    From this org
    $539,756
    From related orgs
    $0
    Other
    $62,191
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

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

  • PETER HARRISON

    SVP, ASSET MANAGEMENT

    Total calculated
    $775,972
    From this org
    $625,598
    From related orgs
    $0
    Other
    $150,374
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

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

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 — 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.

Grants made

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.

Declared on its 2024 return

Declared as related by

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.