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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 2023. Filed on November 14, 2024.

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 2023 IRS Form 990 filing, Nef Community Investments Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $802,892. The highest compensated employee at Nef Community Investments Inc. is Matthew Reilein with fiscal year 2023 compensation of $1,333,259.

Revenue, expenses, and employee compensation

Revenue

$72,605,707

Expenses

$64,910,205

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Reilein
President and CEO (& Director
$1,333,259
$0 $1,003,040 $330,219
Alex Denja
Senior Vice President, COO, CFO
$948,177
$0 $774,334 $173,843
Judy Schneider
Senior Vice President and ASST SEC (& Director
$816,222
$0 $691,752 $124,470
Mark Siranovic
Senior Vice President (AND Director)
$806,527
$0 $680,821 $125,706
Reena Bramblett
Senior Vice President
$795,959
$0 $682,508 $113,451
Peter Harrison
Senior Vice President
$764,767
$0 $626,774 $137,993
Kevin D Boes
Former Senior Vice President
$648,011
$0 $584,167 $63,844
Michael Rogers
Senior Vice President and Secretary
$602,407
$0 $543,917 $58,490
Karen Przypyszny
Former Senior Vice President
$510,698
$0 $453,175 $57,523

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

National Equity Fund Inc.
Consulting Fees
$64,830,226

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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