National Association Of State And Local Equity Funds

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311416668 ✦ Saint louis, MO ✦ Designated as a 501(c)(6)

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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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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.


Here are 10 key members and their salaries:


Bob Newman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ari Beliak (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kennedy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Cawthon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Boole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Sur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hibbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Sterhan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Peffley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


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.

Revenue
$536,556 (2022)
Expenses
$309,834 (2022)
Efficiency

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

Principal Officer

Ari Beliak

Main Address

707 N 2ND STREET 308, SAINT LOUIS, MO, 631022535

NTEE Category

Code: S41 - Community improvement

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