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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 2020. Filed on November 12, 2021.

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 2020 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 $542,692. The highest compensated employee at Nef Community Investments Inc. is Matthew Reilein with fiscal year 2020 compensation of $744,163.

Revenue, expenses, and employee compensation

Revenue

$54,814,471

Expenses

$42,505,217

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Reilein
President and CEO (AND Director)
$744,163
$0 $691,942 $52,221
Alex Denja
Senior Vice President, COO, CFO
$703,435
$0 $646,515 $56,920
Judy Schneider
Senior Vice President and ASST SEC (AND Director)
$635,088
$0 $596,356 $38,732
Mark Siranovic
Senior Vice President (AND Director)
$614,708
$0 $560,625 $54,083
Kevin D Boes
Former Senior Vice President
$599,392
$0 $539,662 $59,730
Peter Harrison
Senior Vice President
$583,965
$0 $530,150 $53,815
Reena Bramblett
Senior Vice President
$558,343
$0 $518,850 $39,493
Michael Rogers
Senior Vice President and Secretary
$528,478
$0 $477,811 $50,667
Karen Przypyszny
Former Senior Vice President
$424,457
$0 $377,381 $47,076
Joseph Hagan
Former President Emeritus
$333,900
$0 $333,900 No other comp
Gregory Schuler
Former Senior Vice President and ASST Secretar
$243,683
$0 $223,726 $19,957

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

National Equity Fund Inc.
Consulting Fees
$42,462,371

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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