Nonprofit · EIN 99-1623812
NEFA FOUNDATION
Tax-exempt · ADA, MI 49301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $53,669 | $41,133 | $12,536 | $141,532 | – | $141,532 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $26,419
- Net income from fundraising events
- $27,250
Expenses
- Grants and similar amounts paid
- $40,432
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $384
- Other expenses
- $317
- Program services (functional)
- $40,432
Balance sheet and other
- Total assets, start of year
- $128,996
- Total assets, end of year
- $141,532
- Total liabilities, end of year
- –
- Net assets, end of year
- $141,532
- Cash, savings and investments
- $141,532
- Gross receipts
- $65,969
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHAD SLUSS | ED/CEO | 0.5 | $0 |
| ROBERT HORNBY | PRESIDENT | 0.5 | $0 |
| LAURA CARINI | SECRETARY | 0.5 | $0 |
| SHAWN SMITH | TREASURER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 7125 HEADLEY ST SE, ADA, MI 49301-4536
- In care of
- % CHAD SLUSS
- Mailing address (990-N for 2024)
- 3400 DUNDEE RD STE 180, NORTHBROOK IL 60062
- Principal officer (990-N for 2024)
- CHAD SLUSS, 3400 DUNDEE RD STE 180, NORTHBROOK IL 60062
- Signed the 990-EZ
- CHAD SLUSS, ED/CEO
- Return prepared by
- DREHER MARTIN CPAS PA
Mission
THE NEFA FOUNDATION WAS FORMED EXCLUSIVELY FOR THE FOLLOWING CHARITABLE PURPOSES: (I) TO SUPPORT AND ENHANCE EDUCATION, TRAINING, SKILLS DEVELOPMENT IN THE FIELD OF EQUIPMENT FINANCE AND LEASING; (II) TO BRING TOGETHER INDIVIDUALS IN THE EQUIPMENT FINANCE AND LEASING FIELDS TO RAISE FUNDS AND PROVIDE SUPPORT AND ASSISTANCE TO THOSE IN NEED BY MAKING CONTRIBUTIONS TO INDIVIDUALS, CHARITABLE AND OTHER QUALIFIED 501(C) (3) ORGANIZATIONS.
Program accomplishments
- THE NEFA FOUNDATION ORGANIZED TWO EVENTS IN 2025, IN CONJUNCTION WITH THE NATIONAL EQUIPMENT FINANCE ASSOCIATION SPRING AND FALL CONFERENCES RESPECTIVELY. THE EVENT HELD IN MARCH 2025 WAS A GLOW GOLF FUNDRAISING EVENT THAT BENEFITED BOTH THE TAM KY PROJECT AND CHRIS WALKER EDUCATION FUND. OVER 28,000 WAS RAISED AT THIS EVENT. THE EVENT HELD IN OCTOBER 2025 SUPPORTED BOTH THE CAN-DO-CANINES AND CHRIS WALKER EDUCATION FUND, WHICH RAISED OVER 37,750. THE CHRIS WALKER EDUCATION FUND ISSUED EDUCATIONAL GRANTS TO 11 INDIVIDUALS AND TWO 501(C)(3) ORGANIZATIONS.Expenses $40,432 · grants $40,432
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-1623812
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $141,532
- Income (IRS master file)
- $65,969
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $53,669 | $41,133 | $141,532 | XML |
| 990-N for 2024 Officer: CHAD SLUSS | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
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 99-1623812).
Questions about NEFA FOUNDATION
- What is the EIN of NEFA FOUNDATION?
- The employer identification number (EIN) of NEFA FOUNDATION is 99-1623812.
- Is NEFA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to NEFA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEFA 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 NEFA FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEFA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of NEFA FOUNDATION?
- The 990-N for 2024 names CHAD SLUSS.
- Who are the officers and directors of NEFA FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does NEFA FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $53,669, expenses of $41,133 and total assets of $141,532 at year end.
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