National Equipment Finance Association
To provide a forum for members to pursue personal and professional growth, ethics, advocacy, networking, education and involvement.
National Equipment Finance Association at a glance
In short: National Equipment Finance Association reported $199 in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $199 — reported as a total on the IRS filing, without an itemized list
- -99.4% vs 2024
- Total assets
- $1,910,573
- +12.2% vs 2024
- Revenue (2025)
- $1,576,888
- -2.7% vs 2024
- Net investment income (2025)
- $54,042
- -19.1% vs 2024
- Expenses (2025)
- $1,675,264
- -10.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to National Equipment Finance Association
Open Grants
1 open opportunity from National Equipment Finance Association
Who National Equipment Finance Association funds
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How National Equipment Finance Association gives
- Giving grew 355% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $199 (2025) to $35K (2024). In 2025 it reported $199 in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Laura's House Aliso Viejo, CA | Support | $15,410 |
| Patriot Shootout - Indiana Inc DBA Folds of Honor Indiana Carmel, IN | Support | $10,148 |
| CLFP Foundation Northbrook, IL | Support | $9,900 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,910,573 | $1,576,888 | $1,675,264 | $199 | Total only | $54,042 |
| 2024 | $1,702,470 | $1,620,239 | $1,879,188 | $35,458 | 3 | $66,795 |
| 2023 | $2,312,743 | $1,737,344 | $1,583,957 | $24,760 | 3 | $65,988 |
| 2022 | $2,142,066 | $1,345,862 | $1,348,524 | $26,000 | 2 | $9,610 |
| 2021 | $1,993,686 | $820,325 | $839,525 | $7,800 | 1 | $5,853 |
| 2020 | $2,138,828 | $381,544 | $464,811 | $13,100 | 1 | $11,258 |
| 2019 | $2,280,954 | $946,506 | $692,670 | $8,600 | 1 | $17,439 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About National Equipment Finance Association
Based on IRS filings
National Equipment Finance Association is a public charity focused on mutual and membership benefit, based in Ada, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.9M in total assets. In 2025, it reported $199 in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $54K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
National Equipment Finance Association is led by Chad Sluss, CEO since 2022 (on filings since 2020); 2 of 15 officers listed in 2025 are compensated.
Officers on the 2025 filing
Chad Sluss
CEO
Executive Director Beginnin → Executive Di, 2021
Executive Di → CEO, 2022
On filings since 2020
40 hrs/week
$53K (2020) → $216K (2025)
Kim King Clfp
President
Vice President → President, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Alicia Bos
Director of
New on the 2025 filing
40 hrs/week
$109K (2025)
Dave Gruber
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Drew Olynick Clfp
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Jeff Bilbrey
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Kristi Schon
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Melissa Fisher Clfp
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Amy Wagner
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Kit West
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Tamara McCourt
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Jaimie Haver Clfp
Secretary
Director → Secretary, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Paul Fogle Clfp
Past President
President → Past President, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Ron Elwood Clfp
Treasurer
Secretary → Treasurer, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Shervin Rashti Clfp
Vice President
Treasurer → Vice President, 2025
On filings since 2024
0.5 hrs/week
No compensation reported
Former officers (29)
- Former: Robert Hornby (2019–2024) — Past President
- Former: Amy Wagner Clfp (2024) — Director
- Former: Beth McLean Clfp (2024) — Director
- Former: Adam Peterson (2019–2023) — Past President
- Former: Beth McLean (2019–2023) — Director
- Former: Paul Fogle (2020–2023) — Vice President
- Former: Don Cosenza (2021–2023) — Director
- Former: Kim King (2021–2023) — Treasurer
- Former: Robert Rinaldi (2021–2023) — Director
- Former: Shervin Rashti (2021–2023) — Secretary
- Former: Kayla Perlinger (2022–2023) — Director
- Former: Ron Elwood (2022–2023) — Director
- Former: Scott Forrest (2022–2023) — Director
- Former: Drew Olynick (2023) — Director
- Former: Jaimie Haver (2023) — Director
- Former: Jacklynn Manning (2019–2022) — Treasurer
- Former: Shawn Smith (2020–2022) — Director
- Former: Jim Jackson (2022) — Past President
- Former: James Jackson (2019–2021) — President
- Former: Laura Carini (2019–2021) — Past President
- Former: Scott Wheeler (2019–2021) — Vice President
- Former: Anne Dalgaard (2019–2020) — Director
- Former: Daryn Lecy (2019–2020) — Past President
- Former: Lori Littleford (2019–2020) — Director
- Former: Mike Toglia (2019–2020) — Executive Director
- Former: Christy Kusilek (2020) — Director
- Former: Guy Selinka (2019) — Secretary
- Former: Marc Keepman (2019) — Past President
- Former: Scott Lipka (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $216K, to Chad Sluss (CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about National Equipment Finance Association
How much does National Equipment Finance Association give each year?
National Equipment Finance Association reported $199 in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $35K across 3 grants.
How large is National Equipment Finance Association?
National Equipment Finance Association reported $1.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.6M.
What is National Equipment Finance Association?
National Equipment Finance Association is a public charity focused on mutual and membership benefit, based in Ada, MI. It holds $1.9M in total assets as of 2025.
Where does National Equipment Finance Association operate?
National Equipment Finance Association has awarded grants in California, Illinois, Indiana, Minnesota, New York, Tennessee.
What is National Equipment Finance Association's EIN?
National Equipment Finance Association's EIN (Employer Identification Number) is 26-3741546. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 25, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 10, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS July 23, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in National Equipment Finance Association's focus areas in our free grants database
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Figures come from National Equipment Finance Association's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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