Nonprofit · EIN 54-1527848
EQUIPMENT LEASING AND FINANCE FOUNDATION
Tax-exempt · WASHINGTON, DC 20006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,031,562 | $1,128,460 | -$96,898 | $1,302,601 | $483,737 | $818,864 |
| December 31, 2023 | 990 | $844,333 | $922,670 | -$78,337 | $1,226,745 | $306,037 | $920,708 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $896,278
- Program service revenue
- $15,000
- Investment income
- $120,284
- Net gain from sales of assets
- $76,931
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $50,000
- Compensation of officers, directors and key employees
- $212,479
- Other salaries and wages
- $188,611
- Salaries, compensation and benefits (total)
- $454,005
- Professional fundraising fees
- $0
- Travel
- $14,824
- Program services (functional)
- $873,566
- Management and general (functional)
- $83,187
- Fundraising (functional)
- $171,707
Balance sheet and other
- Total assets, start of year
- $1,226,745
- Total assets, end of year
- $1,302,601
- Total liabilities, end of year
- $483,737
- Net assets, end of year
- $818,864
- Publicly traded securities
- $343,132
- Net assets without donor restrictions
- $818,864
- Gross receipts
- $1,235,883
- Employees
- 0
- Volunteers
- 70
- Year formed
- 1989
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LEIGH LYTLE | PRESIDENT Trustee or director, Officer | 2 | $0 | $615,170 | $61,726 |
| RALPH PETTA | FORMER PRESIDENT Former | 2 | $0 | $518,988 | $20,235 |
| KELLI NIENABER | EXECUTIVE DIRECTOR Officer | 37.5 | $193,563 | $0 | $18,916 |
| STEPHANIE FISHER | MANAGER Highest-paid employee | 37.5 | $101,830 | $0 | $14,887 |
| ZACK MARSH | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| MILES HERMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| NANCY PISTORIO | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| PETER BULLEN | TREASURER/SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ANDREW BLACKLOCK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JIM DEFRANK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JEFF DICOSOLA | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| CINDY FLECK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| VALERIE GERARD | TRUSTEE (THRU 11/24) Trustee or director | 2 | $0 | $0 | $0 |
| MARTIN KLOTZMAN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| SHARI LIPSKI | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK LOKEN | TRUSTEE Trustee or director | 2 | $0 |
| DAVID NORMANDIN | TRUSTEE Trustee or director | 2 | $0 |
| BRITTANY OGDEN | TRUSTEE Trustee or director | 2 | $0 |
| RICARDO E RIOS | TRUSTEE Trustee or director | 2 | $0 |
| NANCY ROBLES | TRUSTEE (THRU 11/24) Trustee or director | 2 | $0 |
| WILLIAM TEFFT | TRUSTEE Trustee or director | 2 | $0 |
| DONNA YANUZZI | TRUSTEE Trustee or director | 2 | $0 |
| SHARI WILLIAMS | TRUSTEE (BEG 11/24) Trustee or director | 2 | $0 |
| ERIC MCGRIFF | TRUSTEE (BEG 11/24) Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RALPH PETTA | PRESIDENT (THRU 12/4/23) Trustee or director, Officer | 2 | $0 | $739,102 | $74,278 |
| KELLI J NIENABER | EXECUTIVE DIRECTOR Officer | 37.5 | $176,627 | $0 | $17,400 |
| LEIGH LYTLE | PRESIDENT (BEG 12/4/23) Trustee or director, Officer | 2 | $0 | $93,749 | $0 |
| NANCY PISTORIO | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ZACK MARSH | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| MILES HERMAN | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SCOTT THACKER | IMMEDIATE PAST CHAIR (THRU 12/4/23) Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ANDREW BLACKLOCK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| PETER BULLEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| JIM DEFRANK | TRUSTEE (BEG 12/4/23) Trustee or director | 2 | $0 | $0 | $0 |
| JEFF DICOSOLA | TRUSTEE (BEG 12/4/23) Trustee or director | 2 | $0 | $0 | $0 |
| CHRISTOPHER ENBOM | TRUSTEE (THRU 12/4/23) Trustee or director | 2 | $0 | $0 | $0 |
| CINDY FLECK | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| VALERIE GERARD | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MARTIN KLOTZMAN | TRUSTEE (BEG 12/4/23) Trustee or director | 2 | $0 | $0 | $0 |
| SHARI LIPSKI | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MARK LOKEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| DAVID NORMANDIN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| RICKY RIOS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| NANCY ROBLES | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| WILLIAM TEFFT | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| THOMAS WARE | TRUSTEE (THRU 12/4/23) Trustee or director | 2 | $0 | $0 | $0 |
| BONNIE WRIGHT | TRUSTEE (THRU 12/4/23) Trustee or director | 2 | $0 | $0 | $0 |
| DONNA YANUZZI | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1625 EYE STREET NW 850, WASHINGTON, DC 20006-4123
- In care of
- % AMERICAN ASS N OF EQUIP LESSORS
- Principal officer (990 for 2024)
- LEIGH LYTLE, 1625 EYE STREET NW 850, WASHINGTON, DC 20006
- Signed the 990
- KELLI J NIENABER, EXECUTIVE DIRECTOR
- Phone
- (202) 238-3400
- Website
- WWW.LEASEFOUNDATION.ORG
- Return prepared by
- RSM US LLP
Mission
SEE SCHEDULE O.
Program accomplishments
- RESEARCH STUDIES - THE FOUNDATION DEVELOPS AND PUBLISHES FUTURE FOCUSED RESEARCH TO IDENTIFY TRENDS AND TECHNIQUES FORTHCOMING TO THE INDUSTRY.Expenses $428,529 · grants $50,000 · revenue $15,000
- SPECIAL PROJECTS INCLUDES LIMITED OR ONE-TIME EXPENSES FOR SHARING AND PROMOTING OUR RESEARCH AND RESOURCES WITH OUR DONOR COMMUNITY THROUGH DIGITAL COMMUNICATIONS.Expenses $291,981
- ECONOMIC OUTLOOK - THE ECONOMIC OUTLOOK REPORT SERIES ANALYZES GLOBAL AND DOMESTIC TRENDS IMPACTING CAPITAL SPENDING AND ECONOMIC GROWTH IN THE COMING YEAR. IT IDENTIFIES KEY SIGNPOSTS SPECIFIC TO THE EQUIPMENT FINANCE INDUSTRY AND FEATURES MOMENTUM MONITORS THAT IDENTIFY TURNING POINTS FOR 12 VERTICALS IN THEIR RESPECTIVE INVESTMENT CYCLES. THE OUTLOOKS ARE UPDATED QUARTERLY.Expenses $153,056
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1527848
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $1,302,601
- Income (IRS master file)
- $1,235,883
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,031,562 | $1,128,460 | $1,302,601 | IRS |
| 990 | December 2023 | $844,333 | $922,670 | $1,226,745 | XML |
| 990 | December 2022 | $888,946 | $1,067,388 | $1,533,930 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1527848).
Questions about EQUIPMENT LEASING AND FINANCE FOUNDATION
- What is the EIN of EQUIPMENT LEASING AND FINANCE FOUNDATION?
- The employer identification number (EIN) of EQUIPMENT LEASING AND FINANCE FOUNDATION is 54-1527848.
- Is EQUIPMENT LEASING AND FINANCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to EQUIPMENT LEASING AND FINANCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EQUIPMENT LEASING AND FINANCE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EQUIPMENT LEASING AND FINANCE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EQUIPMENT LEASING AND FINANCE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EQUIPMENT LEASING AND FINANCE FOUNDATION?
- The 990 for the year ended December 31, 2024 names LEIGH LYTLE.
- Who are the officers and directors of EQUIPMENT LEASING AND FINANCE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 24 people; 2 received compensation from the organization.
- How much revenue does EQUIPMENT LEASING AND FINANCE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,031,562, expenses of $1,128,460 and total assets of $1,302,601 at year end.
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