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Filing year 2024

NEF COMMUNITY INVESTMENTS INC

Chicago, Illinois·EIN 36-4229337·NTEE L20 · Housing & Shelter·501(c)(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 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

President & CEO (& Director)
Above 90th percentilevs Housing & Shelter peers in Illinois
$380k
$407k
Former SVP
Senior Vice President
75th to 90th percentile
$238k
$255k
Svp, Coo, CFO
Above 90th percentilevs Housing & Shelter peers in Illinois
$199k
$213k
SVP
Senior Vice President
75th to 90th percentile
$150k
$161k
SVP & Asst Sec. (& Outgoing Dirctor)
Senior Vice President
Median to 75th percentile
$142k
$153k
SVP (and Director)
Senior Vice President
Median to 75th percentile
$142k
$152k
SVP (and Director)
Senior Vice President
Median to 75th percentile
$125k
$134k
SVP & Secretary
Senior Vice President
Median to 75th percentile
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEF COMMUNITY INVESTMENTS INC equaled 0.5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
0.5%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

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.

Pay for the position

Chief Executive Officer pay rose 15% from 2023 to 2024, while revenue rose 11%.

$330k in 2023 to $380k in 2024.
  • Senior Vice President pay rose 72% from 2023 to 2024.
  • Chief Financial Officer pay rose 14% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NEF COMMUNITY INVESTMENTS INC

What does the Chief Executive Officer of NEF COMMUNITY INVESTMENTS INC earn?

In 2024, the Chief Executive Officer of NEF COMMUNITY INVESTMENTS INC received $380,064 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEF COMMUNITY INVESTMENTS INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Illinois, the 2024 pay of the Chief Executive Officer at NEF COMMUNITY INVESTMENTS INC falls in the top 10%. In 2024, the highest total compensation at NEF COMMUNITY INVESTMENTS INC equaled 0.5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are NEF COMMUNITY INVESTMENTS INC's revenue and expenses?

In 2024, NEF COMMUNITY INVESTMENTS INC reported $80.4M in total revenue and $70.4M in total expenses on its IRS Form 990.

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