National Association of State and Local Equity Funds
Revenue
$756k
year to 31 December 2024
Expenses
$590k
year to 31 December 2024
Total assets
$603k
$55k liabilities
Net assets
$548k
assets less liabilities
Directors and trustees
9
5.6 years on average
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
9
reported in Part VI
National Association of State and Local Equity Funds' network
9 people1 organisationi9 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Andrew Walshaw | Director | 2023 | 3 yrs |
| ARI Beliak | President | 2020 | 6 yrs |
| Bob Newman | Past-President | 2018 | 8 yrs |
| Brett Oumedian | Treasurer | 2023 | 3 yrs |
| Catherine Cawthon | Vice-President | 2020 | 6 yrs |
| Dana Boole | Company secretary | 2020 | 6 yrs |
| Moddie Turay | Director | 2023 | 3 yrs |
| Nancy Owens | Director | 2020 | 6 yrs |
| Stacy SUR | Director | 2020 | 6 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Ari Beliak | President | 1 | $0 | ||
| Catherine Cawthon | Vice-President | 1 | $0 | ||
| Brett Oumedian | Treasurer | 1 | $0 | ||
| Dana Boole | Secretary | 1 | $0 | ||
| Bob Newman | Past-President | 1 | $0 | ||
| Nancy Owens | Director | 1 | $0 | ||
| Stacy Sur | Director | 1 | $0 | ||
| Moddie Turay | Director | 1 | $0 | ||
| Andrew Walshaw | Director | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- National Association of State and Local Equity Funds
- EIN
- 311416668
- Address
- 2111 Woodward Ave Ste 600, Detroit, MI, 48201-3473
- State
- Michigan
- Mission
- To promote the efficient management of state and local equity funds and a greater understanding of the low income housing tax credit (lihtc) and encourage the professional development of its member organizations. (as filed on the Form 990)
- IRS classification
- 501(c)06 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 5 (IRS master file code)
- Formed
- 1994
- Principal officer
- Ari Beliak (as named on the Form 990)
- IRS ruling date
- 1 August 1997
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsBob Newman
≥6years on the filingsARI Beliak
≥6years on the filingsCatherine Cawthon
≥6years on the filingsDana Boole
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $603k
- Total liabilities
- $55k
- Net assets or fund balances
- $548k
- Contributions and grants received
- $0
- Program service revenue
- $749k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $756k | $590k | $166k |
As filed on the IRS Form 990. US dollars.