NEF Community Investments Inc
Revenue
$80.4m
year to 31 December 2024
Expenses
$70.4m
year to 31 December 2024
Total assets
$65.1m
$1.2m liabilities
Net assets
$63.9m
assets less liabilities
Directors and trustees
4
6.7 years on average
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
6
named in Part VII
NEF Community Investments Inc's network
4 people5 organisationsi4 people and 5 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (4). Violet dotted lines (7) 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
4 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 3 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 |
|---|---|---|---|
| Judy Schneider | SVP & Asst Sec. (& Outgoing Dirctor) | 2018 | 8 yrs |
| Mark Siranovic | SVP (And Director) | 2018 | 8 yrs |
| Matthew Reilein | President & CEO (& Director) | 2019 | 7 yrs |
| Reena Bramblett | SVP (And Director) | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
6 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Alex Denja | SVP, COO, CFO & Treasurer | since 2018 |
| Karen Przypyszny | SVP | 2018 |
| Kevin D Boes | SVP | since 2018 |
| Michael Rogers | SVP & Secretary | since 2018 |
| Peter Harrison | SVP | since 2018 |
| Reena Bramblett | SVP | since 2018 |
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 |
|---|---|---|---|---|---|
| Judy Schneider | SVP & Asst Sec. (& Outgoing Dirctor) | 18 | $0 | $690k | $142k |
| Mark Siranovic | SVP (And Director) | 18 | $0 | $677k | $142k |
| Matthew Reilein | President & CEO (& Director) | 18 | $0 | $1.2m | $380k |
| Reena Bramblett | SVP (And Director) | 18 | $0 | $756k | $125k |
| Alex Denja | SVP, COO, CFO | 18 | $0 | $822k | $199k |
| Michael Rogers | SVP & Secretary | 18 | $0 | $540k | $62k |
| Peter Harrison | SVP | 18 | $0 | $626k | $150k |
| Kevin D Boes | Former SVP | 0 | $0 | $408k | $238k |
About
- Legal name
- Nef Community Investments Inc
- EIN
- 364229337
- Address
- 540 W Madison St Ste 1900, Chicago, IL, 60661-2551
- State
- Illinois
- Mission
- 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. (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 9 (IRS master file code)
- Formed
- 1998
- Principal officer
- Matthew Reilein (as named on the Form 990)
- IRS ruling date
- 1 June 2005
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsJudy Schneider
≥8years on the filingsMark Siranovic
≥7years on the filingsMatthew Reilein
≥2years on the filingsReena Bramblett
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
- $65.1m
- Total liabilities
- $1.2m
- Net assets or fund balances
- $63.9m
- Contributions and grants received
- $0
- Program service revenue
- $80m
- 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 | $80.4m | $70.4m | $10.1m |
As filed on the IRS Form 990. US dollars.