Nef Community Investments Inc

CHICAGO, IL EIN: 36-4229337

NEF COMMUNITY INVESTMENTS, INC. ASSISTS NATIONAL EQUITY FUND, INC. IN THE DEVELOPMENT AND PRESERVATION OF HIGH-QUALITY LOW-INCOME RENTAL HOUSING BY ESTABLISHING AND MANAGING INVESTMENT FUNDS THAT ATTRACT CAPITAL FOR INVESTMENT IN HOUSING PROJECTS QUALIFYING FOR LOW-INCOME HOUSING TAX CREDITS AND CONDUCTING RELATED ACTIVITIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$65.1M

+7.3% YoY

Revenue

$80.4M

+10.8% YoY

Net Investment Income

$432K

+24.4% YoY

Expenses

$70.4M

+8.4% YoY

About Nef Community Investments Inc

Based on IRS filings

Nef Community Investments Inc is a nonprofit organization focused on Housing & Shelter, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65.1M in total assets. Net investment income was $432K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CHICAGO

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22M$44M$66M$88M20202021202220232024
Metric202420232022
Total Assets$65,095,185$60,693,429$59,322,474
Revenue$80,447,261$72,605,707$69,815,195
Expenses$70,363,078$64,910,205$44,836,410
Qualifying Distributions
Net Investment Income$431,739$346,923$213,949
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$132K$263K$395K$527K0 grants20200 grants20211 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

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

From 2024 filing

NameTitleHoursCompensation
JUDY SCHNEIDERSVP & ASST SEC. (& OUTGOING DIRCTOR)18
MARK SIRANOVICSVP (AND DIRECTOR)18
MATTHEW REILEINPRESIDENT & CEO (& DIRECTOR)18
REENA BRAMBLETTSVP (AND DIRECTOR)18
ALEX DENJASVP, COO, CFO18
MICHAEL ROGERSSVP & SECRETARY18
PETER HARRISONSVP18
KEVIN D BOESFORMER SVP

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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