- Revenue 2025
- $53,669
- Expenses 2025
- $41,133
Program services were 98.3% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T12
- Classification
- 1000
- 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
Primary exempt purpose
THE NEFA FOUNDATION WAS FORMED EXCLUSIVELY FOR THE FOLLOWING CHARITABLE PURPOSES: (I) TO SUPPORT AND ENHANCE EDUCATION, TRAINING, SKILLS DEVELOPMENT IN THE FIELD OF EQUIPMENT FINANCE AND LEASING; (II) TO BRING TOGETHER INDIVIDUALS IN THE EQUIPMENT FINANCE AND LEASING FIELDS TO RAISE FUNDS AND PROVIDE SUPPORT AND ASSISTANCE TO THOSE IN NEED BY MAKING CONTRIBUTIONS TO INDIVIDUALS, CHARITABLE AND OTHER QUALIFIED 501(C) (3) ORGANIZATIONS.
-
THE NEFA FOUNDATION ORGANIZED TWO EVENTS IN 2025, IN CONJUNCTION WITH THE NATIONAL EQUIPMENT FINANCE ASSOCIATION SPRING AND FALL CONFERENCES RESPECTIVELY. THE EVENT HELD IN MARCH 2025 WAS A GLOW GOLF FUNDRAISING EVENT THAT BENEFITED BOTH THE TAM KY PROJECT AND CHRIS WALKER EDUCATION FUND. OVER 28,000 WAS RAISED AT THIS EVENT. THE EVENT HELD IN OCTOBER 2025 SUPPORTED BOTH THE CAN-DO-CANINES AND CHRIS WALKER EDUCATION FUND, WHICH RAISED OVER 37,750. THE CHRIS WALKER EDUCATION FUND ISSUED EDUCATIONAL GRANTS TO 11 INDIVIDUALS AND TWO 501(C)(3) ORGANIZATIONS.
Expenses $40,432 · Grants $40,432
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
ED/CEO
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
ROBERT HORNBY
PRESIDENT
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
LAURA CARINI
SECRETARY
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
-
SHAWN SMITH
TREASURER
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 0.5
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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $53,669
- Expenses
- $41,133
- Contributions
- $26,419
- Grants paid
- $40,432
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.
Form 990-N e-Postcard, tax year 2024
- Tax period
- 1 January 2024 to 31 December 2024
- Principal officer
- CHAD SLUSS
- Mailing address
- 3400 DUNDEE RD STE 180NORTHBROOK IL 60062
As filed, from the IRS e-Postcard file of 26 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
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 as related by
-
NATIONAL EQUIPMENT FINANCE ASSOCIATION INC
On its 2025 return as a controlled entity
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
Listed as of 13 October 2026, under deductibility PC.
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.