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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Nef Community Investments Inc.

Nef Community Investments Inc.

Fiscal year ending 2018. Filed on November 14, 2019.

10 S Riverside Plaza Suite 1700
Chicago, Illinois 60606

Nef Community Investments Inc. (EIN: 36-4229337) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Nef Community Investments Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $478,633. The highest compensated employee at Nef Community Investments Inc. is Joseph Hagan with fiscal year 2018 compensation of $926,071.

Revenue, expenses, and employee compensation

Revenue

$42,728,716

Expenses

$35,201,033

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Joseph Hagan
President and CEO (AND Director)
$926,071
$0 $703,938 $222,133
Alex Denja
Senior Vice President, COO, CFO and Treasurer
$562,389
$0 $509,410 $52,979
Judy Schneider
Senior Vice President and ASST SEC (AND Director)
$546,866
$0 $495,548 $51,318
Mark Siranovic
Senior Vice President (AND Director)
$534,030
$0 $481,826 $52,204
Kevin D Boes
Senior Vice President
$524,229
$0 $466,620 $57,609
Karen Przypyszny
Senior Vice President
$515,928
$0 $469,201 $46,727
Peter Harrison
Senior Vice President
$489,876
$0 $437,948 $51,928
Michael Rogers
Senior Vice President and Secretary
$464,301
$0 $415,448 $48,853
Reena Bramblett
Senior Vice President
$330,005
$0 $307,519 $22,486
Gregory Schuler
Former Senior Vice President and ASST Secretary
$247,403
$0 $226,357 $21,046
Thomas Flanagan
Former Vice President and ASST Secretary
$123,870
$0 $123,870 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

National Equity Fund Inc.
Consulting Fees
$35,176,485

Mission Statement

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.

Revisions to this organization profile

November 12, 2025:
2024 Nef Community Investments Inc. 990 filed
November 14, 2024:
2023 Nef Community Investments Inc. 990 filed
November 14, 2023:
2022 Nef Community Investments Inc. 990 filed

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