Overview
What is National Association Of State And Local Equity Funds?
The National Association of State and Local Equity Funds is a nonprofit organization headquartered in Saint Louis, Missouri. Its main mission is to promote the efficient management of state and local equity funds, fostering a greater understanding of the Low Income Housing Tax Credit (LIHTC). By doing so, the association aims to encourage professional development within its member organizations. Annually, they hold a conference to discuss general issues in the LIHTC industry. This nonprofit organization works towards enhancing the sector and contributing to the overall development of affordable housing.
Official website here: www.naslef.org
Is National Association Of State And Local Equity Funds legitimate?
National Association Of State And Local Equity Funds is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of State And Local Equity Funds submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.naslef.org
What is the mission statement of National Association Of State And Local Equity Funds?
The National Association of State and Local Equity Funds works towards promoting the efficient management of state and local equity funds. Their mission is to enhance understanding of the Low Income Housing Tax Credit (LIHTC) and encourage the professional development of its member organizations. By doing so, they aim to contribute to the affordable housing sector, advocating for best practices and continuous improvement. The association also organizes an annual conference to discuss general issues in the Low Income Housing Tax Credit industry, fostering knowledge sharing and networking among its members.
Official website here: www.naslef.org
Who is the CEO of National Association Of State And Local Equity Funds?
Ari Beliak is the President of National Association Of State And Local Equity Funds.
Official website here: www.naslef.org
What is the revenue of National Association Of State And Local Equity Funds?
National Association Of State And Local Equity Funds's revenue in 2022 was $536,556.
Official website here: www.naslef.org
Who are the executives of National Association Of State And Local Equity Funds and what are their salaries?
There 10 volunteers at National Association Of State And Local Equity Funds.
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Official website here: www.naslef.org
Where can I find the form 990 for National Association Of State And Local Equity Funds?
National Association Of State And Local Equity Funds's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.naslef.org
Learn more at the official website: www.naslef.org
Mission Statement of National Association Of State And Local Equity Funds
The National Association of State and Local Equity Funds, abbreviated as NASLEF, works towards promoting the efficient management of state and local equity funds. This organization is dedicated to fostering a deeper understanding of the Low Income Housing Tax Credit (LIHTC). Beyond this, NASLEF encourages the professional development of its member organizations. By doing so, the association aims to contribute positively to the Low Income Housing Tax Credit industry. The association achieves this through an annual conference, where they discuss general issues pertinent to this sector. This event serves as a platform for exchanging ideas and fostering collaboration among its members.
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Impact
October, 2024
The National Association of State and Local Equity Funds plays a crucial role in enhancing the management of state and local equity funds, particularly in relation to the Low-Income Housing Tax Credit (LIHTC) program. By educating stakeholders and promoting best practices, the organization fosters a deeper understanding of LIHTC’s intricacies, ultimately contributing to the development of affordable housing initiatives.
Through its annual conference, industry professionals gather to address key issues, share insights, and enhance their knowledge, which cultivates a more informed community of practice. This collaboration among member organizations fosters professional growth and drives improvements in how equity funds are utilized, effectively promoting community development and housing accessibility. By focusing on efficient fund management and professional development, the organization has a significant positive impact on the affordability and quality of housing available for low-income populations.
This information is meant to be a general summary of National Association Of State And Local Equity Funds. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15
- Program Service Revenue: $536,541
- Gross Receipts: $536,556
Assets and Liabilities:
- Total Assets: $221,119
- Total Liabilities: $47,935
- Net Assets: $173,184
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$320,800
ANNUAL CONFERENCE SPON
Revenue
$162,236
ANNUAL CONFERENCE REVE
Revenue
$53,505
Organization Details
Founding Year
1994
Phone
(614) 629-5178Principal Officer
Ari Beliak
Main Address
707 N 2ND STREET 308, SAINT LOUIS, MO, 631022535
Website
www.naslef.orgNTEE Category
Code: S41 - Community improvement
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