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National Equipment Finance

NORTHBROOK, IL EIN: 26-3741546 Website

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-26.4% YoY

Annual Giving

$35K

+43.2% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$12K

+43.2% YoY

About National Equipment Finance

Based on IRS filings

National Equipment Finance is a nonprofit organization focused on Mutual/Membership Benefit, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 3 grants totaling $35K. Net investment income was $67K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

Aliso ViejoCarmelHuntington BeachNashvilleNew YorkNorthbrookSauk Rapids

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$517K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,702,470$2,312,743$2,142,066
Revenue$1,620,239$1,737,344$1,345,862
Expenses$1,879,188$1,583,957$1,348,524
Qualifying Distributions
Net Investment Income$66,795$65,988$9,610
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$27K$35K1 grants20201 grants20212 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

LAURA'S HOUSE$15KPATRIOT SHOOTOUT - INDIA…$10KCLFP FOUNDATION$10K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from National Equipment Finance

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHAD SLUSSCEO$214K

From 2024 filing

NameTitleHoursCompensation
CHAD SLUSSCEO40$213,600
PAUL FOGLE CLFPPRESIDENT2
KIM KING CLFPVICE PRESIDE2
SHERVIN RASHTI CLFPTREASURER2
RON ELWOOD CLFPSECRETARY2
ROBERT HORNBYPAST PRESIDE2
JEFF BILBREYDIRECTOR2
MELISSA FISHER CLFPDIRECTOR2
DAVE GRUBERDIRECTOR2
JAIMIE HAVER CLFPDIRECTOR2
BETH MCLEAN CLFPDIRECTOR2
DREW OLYNICK CLFPDIRECTOR2
KRISTI SCHONDIRECTOR2
AMY WAGNER CLFPDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with National Equipment Finance on Grantable?

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