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Filing year 2024

NEF COMMUNITY INVESTMENTS INC

Chicago, Illinois·EIN 36-4229337·NTEE L20 · Housing & Shelter·4
Total revenue
$80.4M
Total assets
$65.1M
Total expenses
$70.4M
Reported officers
8
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.

Executive compensation

Form 990 · Schedule J · 8 reported individuals · Filing year 2024

President & CEO (& Director)
$380k
$407k
Former SVP
senior vice president
$238k
$255k
$199k
$213k
SVP
senior vice president
$150k
$161k
SVP & Asst Sec. (& Outgoing Dirctor)
senior vice president
$142k
$153k
SVP (and Director)
senior vice president
$142k
$152k
SVP (and Director)
senior vice president
$125k
$134k
SVP & Secretary
senior vice president
$62k
$67k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Housing & Shelter

Up 15%
from 2023

From $330k in 2023 to $380k in 2024.

$330k
2023
$380k
2024
In today's dollarsEst.
Up 11% in real terms$366k to $407k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

NEF COMMUNITY INVESTMENTS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$72.6M
$64.9M
2023
$80.4M
$70.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Illinois

Comparable housing & shelter organizations in Illinois pay their highest-earning executive a median of $57,528.

25th percentile
$30k
Median
$57,528
75th percentile
$125k
90th percentile
$157k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 53 organizations across 53 filings (2022 – 2023).

See full Housing & Shelter pay data for Illinois
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