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COMMUNITY AFFORDABLE HOUSING EQUITY CORPORATION

EIN 56-1805915 RALEIGH, NC

Revenue 2023
$10,248,278
Expenses 2023
$14,733,274

Program services were 91.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
L99Z
Classification
1000
Street
7700 FALLS NEUSE RD 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).

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Andrew Bowden

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Anne Conner

    Chairman of the Board

    Total calculated
    $0
    Hours/week
    1

  • John Rucker

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Keith Nisbet

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Margaret Penn

    Secretary & Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Nate Barber

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Rachel Ryan

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Scott Selig

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • William Turner

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Dana Boole

    President and CEO

    Total calculated
    $761,569
    From this org
    $711,930
    From related orgs
    $0
    Other
    $49,639
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $439,263
    Bonus
    $253,244
    Other
    $19,423
    Deferred
    $31,684
    Nontaxable benefits
    $17,955
    Filer's total
    $761,569

  • Erin Griffin

    Vice President

    Total calculated
    $348,989
    From this org
    $313,130
    From related orgs
    $0
    Other
    $35,859
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,880
    Bonus
    $88,250
    Other
    $0
    Deferred
    $19,025
    Nontaxable benefits
    $16,834
    Filer's total
    $348,989

  • Robert Landis

    Sr. Vice President

    Total calculated
    $371,480
    From this org
    $325,416
    From related orgs
    $0
    Other
    $46,064
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $234,541
    Bonus
    $90,875
    Other
    $0
    Deferred
    $26,975
    Nontaxable benefits
    $19,089
    Filer's total
    $371,480

  • Sonya Prear

    Vice President

    Total calculated
    $327,653
    From this org
    $273,121
    From related orgs
    $0
    Other
    $54,532
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,496
    Bonus
    $77,625
    Other
    $0
    Deferred
    $27,510
    Nontaxable benefits
    $27,022
    Filer's total
    $327,653

  • William Mayo

    Vice President

    Total calculated
    $363,560
    From this org
    $305,390
    From related orgs
    $0
    Other
    $58,170
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,140
    Bonus
    $88,250
    Other
    $0
    Deferred
    $31,148
    Nontaxable benefits
    $27,022
    Filer's total
    $363,560

  • Amy Mallory

    Manager, Fund Management

    Total calculated
    $268,253
    From this org
    $226,356
    From related orgs
    $0
    Other
    $41,897
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,706
    Bonus
    $61,650
    Other
    $0
    Deferred
    $22,808
    Nontaxable benefits
    $19,089
    Filer's total
    $268,253

  • Brian Oxford

    Manager, Community Capital

    Total calculated
    $281,678
    From this org
    $231,334
    From related orgs
    $0
    Other
    $50,344
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,584
    Bonus
    $63,750
    Other
    $0
    Deferred
    $23,322
    Nontaxable benefits
    $27,022
    Filer's total
    $281,678

  • George Baker

    VP, CAHEC Properties Corp.

    Total calculated
    $286,948
    From this org
    $245,290
    From related orgs
    $0
    Other
    $41,658
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,290
    Bonus
    $50,000
    Other
    $0
    Deferred
    $22,569
    Nontaxable benefits
    $19,089
    Filer's total
    $286,948

  • Joseph Erdelyi

    Manager, Risk Management

    Total calculated
    $219,070
    From this org
    $190,133
    From related orgs
    $0
    Other
    $28,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,358
    Bonus
    $45,775
    Other
    $0
    Deferred
    $18,981
    Nontaxable benefits
    $9,956
    Filer's total
    $219,070

  • Marcus Gipner

    Manager, Fund Development

    Total calculated
    $288,303
    From this org
    $247,781
    From related orgs
    $0
    Other
    $40,522
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $176,231
    Bonus
    $71,550
    Other
    $0
    Deferred
    $13,500
    Nontaxable benefits
    $27,022
    Filer's total
    $288,303

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

  • 2023
    Revenue
    $10,248,278
    Expenses
    $14,733,274
    Contributions
    $130,000
    Grants paid
    $190,341
  • 2022
    Revenue
    $13,277,781
    Expenses
    $13,847,624
    Contributions
    $140,000
    Grants paid
    $185,900

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.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

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 2023 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.

Disregarded entities on its 2023 return

  • CAHEC FUND GP LLC

    FURTHERs THE CHARITABLE PURPOSES OF CAHEC · NC · income $1 · assets $2,560,016

  • HIGHLAND PARK MILL SCP LLC

    INVESTs IN LOW INCOME RESIDENTIAL HOUSING · NC · income $178 · assets $17,589

  • CAHEC Restoration LLC

    FINANCIALLY/MANAGERIALLY ASSISTS DISTRESSED PROPERTIES SPONSORED BY CAHEC · NC · income $1 · assets $1

  • CAHEC Fund XXVIII GP LLC

    FURTHERS THE CHARITABLE PURPOSES OF CAHEC · NC · income $0 · assets $100

Related partnerships on its 2023 return

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

Related corporations and trusts on its 2023 return

  • CAHEC HOLDINGS LLC

    C Corporation · FURTHERs CHARITABLE PURPOSES OF CAHEC · NC · 100% owned · share of income -$319,945 · share of assets $24,818 · controlled entity

  • CAHEC ENERGY LLC

    C Corporation · PROMOTEs SELF-SUFFCIENCY FROM RENEWABLE ENERGIES · NC · 100% owned · share of income $14,374 · share of assets $145,823 · controlled entity

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 10 September 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 IRS Business Master File ingested 5 October 2026, which is when the registration facts above were last refreshed for every organization. Returns through tax year 2023, the newest we have parsed for this organization.