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CAHEC CAPITAL INC

EIN 47-1982875 RALEIGH, NC

Browse the largest nonprofits in North Carolina

Revenue 2025
$1,461,733
Expenses 2025
$748,580

Program services were 97.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S20
Classification
1000
Street
7700 FALLS OF NEUSE RD STE 200

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

5 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 200). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2025

Mission

TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING FINANCING AND TECHNICAL ASSISTANCE TO LIHTC DEVELOPERS TO FOSTER HEALTHY, EMPOWERED AND SUSTAINABLE HOUSING OPPORTUNITIES FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES. IN FURTHERANCE OF ITS MISSION, THE CORPORATION WILL PARTNER WITH ORGANIZATIONS AND BUSINESSES THAT FOCUS THEIR EFFORTS ON MEETING THE NEEDS OF LOW- AND MODERATE INCOME INDIVIDUALS AND FAMILIES. EMPHASIS WILL BE PLACED ON ACCESS TO CAPITAL TO FINANCE A VARIETY OF ACTIVITIES INTENDED TO FURTHER THE CORPORATION'S MISSION, INCLUDING FLEXIBLE FINANCING PROGRAMS THAT ASSIST INDIVIDUALS AND FAMILIES WITH OBTAINING AFFORDABLE HOUSING.

Activities or mission (Part I)

TO PROMOTE COMMUNITY DEVELOPMENT THAT FOSTERS SUSTAINABLE LOW-INCOME HOUSEHOLDS TO FOSTER HEALTHY, EMPOWERED AND SUSTAINABLE HOUSING OPPORTUNITIES FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES. IN FURTHERANCE OF ITS MISSION, THE CORPORATION WILL PARTNER WITH ORGANIZATIONS AND BUSINESSES THAT FOCUS THEIR EFFORTS ON MEETING THE NEEDS OF LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES. EMPHASIS WILL BE PLACED ON ACCESS TO CAPITAL TO FINANCE A VARIETY OF ACTIVITIES INTENDED TO FURTHER THE CORPORATION'S MISSION, INCLUDING FLEXIBLE FINANCING PROGRAMS THAT ASSIST INDIVIDUALS AND FAMILIES WITH OBTAINING AFFORDABLE HOUSING.

  • PROVIDE COMMUNITY DEVELOPMENT FINANCING TO UNDERSERVED AND LOW-INCOME POPULATIONS, PRESERVING AND IMPROVING NEIGHBORHOODS AND RETAINING QUALITY AFFORDABLE COMMUNITIES.

    Expenses $727,240 · Revenue $1,086,733

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Caitlin Gossens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joel Brockmann

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Josh Earn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katie Crippen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kayla Rosenberg Strampe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nate Barber

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Kennedy

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Dana Boole

    PRESIDENT AND CEO

    Total calculated
    $913,340
    From this org
    $0
    From related orgs
    $860,623
    Other
    $52,717
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $461,930 related
    Bonus
    $0 + $330,000 related
    Other
    $0 + $68,693 related
    Deferred
    $0 + $35,000 related
    Nontaxable benefits
    $0 + $17,717 related
    Filer's total
    $0 + $913,340 related
  • Erin Griffin

    SECRETARY/TREASURER

    Total calculated
    $438,179
    From this org
    $0
    From related orgs
    $373,785
    Other
    $64,394
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $253,285 related
    Bonus
    $0 + $120,500 related
    Other
    $0
    Deferred
    $0 + $35,004 related
    Nontaxable benefits
    $0 + $29,390 related
    Filer's total
    $0 + $438,179 related
  • Brian Oxford

    DIRECTOR, COMMUNITY CAPITAL

    Total calculated
    $296,412
    From this org
    $0
    From related orgs
    $242,649
    Other
    $53,763
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $177,274 related
    Bonus
    $0 + $65,375 related
    Other
    $0
    Deferred
    $0 + $24,373 related
    Nontaxable benefits
    $0 + $29,390 related
    Filer's total
    $0 + $296,412 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $1,461,733
    Expenses
    $748,580
    Contributions
    $375,000
    Grants paid
    $0
  • 2023
    Revenue
    $575,272
    Expenses
    $507,238
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $611,115
    Expenses
    $197,420
    Contributions
    $250,000
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $251,888
    Expenses
    $135,763
    Assets (EOY)
    $6,227,865
  • 2020 · 990

    Revenue
    $731,519
    Expenses
    $128,553
    Assets (EOY)
    $4,035,326
  • 2019 · 990

    Revenue
    $1,146,064
    Expenses
    $313,181
    Assets (EOY)
    $14,202,574
  • 2018 · 990

    Revenue
    $447,246
    Expenses
    $435,876
    Assets (EOY)
    $6,235,043
  • 2017 · 990

    Revenue
    $1,281,306
    Expenses
    $420,854
    Assets (EOY)
    $4,245,414
  • 2016 · 990

    Revenue
    $166,706
    Expenses
    $97,630
    Assets (EOY)
    $2,367,536

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2015

Tax period
1 January 2015 to 31 December 2015
Principal officer
Charles Newcomer
Mailing address
7700 FALLS OF NEUSE ROAD STE 200RALEIGH NC 27615

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related partnerships on its 2025 return

  • AFFORDABLE HOUSING EQUITY FUND I LIMITED PARTNERSHIP

    N/A · INVESTS IN LOW INCOME RESIDENTIAL HOUSING · NC

  • AFFORDABLE HOUSING EQUITY FUND II LIMITED PARTNERSHIP

    N/A · INVESTS IN LOW INCOME RESIDENTIAL HOUSING · NC

  • AFFORDABLE HOUSING EQUITY FUND III LIMITED

    N/A · INVESTS IN LOW INCOME RESIDENTIAL HOUSING · NC

  • ANN EDMOND GARDEN APARTMENTS LTD

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • AUTUMN LANE LIMITED PARTNERSHIP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BARTON VILLAGE LIMITED PARTNERSHIP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BLAIRSVILLE RENTAL HOUSING

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BLAIRSVILLE TAN YARD BRANCH PHASE II LP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BLOOMINGDALE PROPERTIES LIMITED PARTNERSHIP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BOWMAN VILLAGE LIMITED PARTNERSHIP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BRIGHTWOOD LANE LIMITED PARTNERSHIP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BROOKS RUN APARTMENTS LP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BROOKS HOLLOW APARTMENTS LP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BUENA VISTA PROPERTIES LIMITED PARTNERSHIP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • BUTLER FOREST POINTE LP

    N/A · OWNS LOW INCOME RESIDENTIAL HOUSING · NC

  • CAHEC NEW MARKETS LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE X LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XIII LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XIV LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XIX LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XV LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XVI LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XVII LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XVIII LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

  • CAHEC SUB-CDE XX LLC

    N/A · PROMOTES SELF-SUFFCIENCY OF LOW INCOME COMMUNITIES · NC

The first 25 as filed. The return lists the rest.

Related corporations and trusts on its 2025 return

  • CAHEC HOLDINGS LLC

    C CORPORATION · FURTHER CHARITABLE PURPOSES OF CAHEC · NC

  • CAHEC ENERGY LLC

    C CORPORATION · TO PROMOTE SELF-SUFFCIENCY FROM RENEWABLE ENERGIES · NC

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.