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CAHEC PROPERTIES CORPORATION

EIN 56-2217808 RALEIGH, NC

Revenue 2024
$3,499,876
Expenses 2024
$1,525,515

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
L20
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).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Dana Boole

    President

    Total calculated
    $754,867
    From this org
    $0
    From related orgs
    $705,268
    Other
    $49,599
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $448,643 related
    Bonus
    $0 + $187,544 related
    Other
    $0 + $69,081 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $15,099 related
    Filer's total
    $0 + $754,867 related

  • Erin Griffin

    Treasurer

    Total calculated
    $401,477
    From this org
    $0
    From related orgs
    $343,478
    Other
    $57,999
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $236,978 related
    Bonus
    $0 + $106,500 related
    Other
    $0
    Deferred
    $0 + $30,238 related
    Nontaxable benefits
    $0 + $27,761 related
    Filer's total
    $0 + $401,477 related

  • George Baker

    Vice President and Secretary

    Total calculated
    $310,871
    From this org
    $270,108
    From related orgs
    $0
    Other
    $40,763
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $216,108
    Bonus
    $54,000
    Other
    $0
    Deferred
    $21,343
    Nontaxable benefits
    $19,420
    Filer's total
    $310,871

  • Robert Landis

    Vice President

    Total calculated
    $263,999
    From this org
    $0
    From related orgs
    $238,694
    Other
    $25,305
    Hours/week
    0.3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $206,319 related
    Bonus
    $0 + $32,375 related
    Other
    $0
    Deferred
    $0 + $10,901 related
    Nontaxable benefits
    $0 + $14,404 related
    Filer's total
    $0 + $263,999 related

  • Margaret Penn

    Board Member

    Total calculated
    $0
    Hours/week
    0.3 + 1 related

  • Robert Nettles

    Board Member

    Total calculated
    $0
    Hours/week
    0.3 + 1 related

  • Andrea Wolford

    Vice President

    Total calculated
    $143,877
    From this org
    $114,909
    From related orgs
    $0
    Other
    $28,968
    Hours/week
    40 + 0.3 related

  • Matthew Verboon

    Development Finance Manager

    Total calculated
    $144,383
    From this org
    $131,234
    From related orgs
    $0
    Other
    $13,149
    Hours/week
    40 + 0.3 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

  • 2024
    Revenue
    $3,499,876
    Expenses
    $1,525,515
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $2,623,721
    Expenses
    $1,409,005
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $2,072,247
    Expenses
    $928,848
    Contributions
    $0
    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.

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

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 2024 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 2024 return

  • CAHEC MM LLC

    FURTHERs THE CHARITABLE PURPOSES OF CAHEC · NC · income $1,178,832 · assets $9,683,519

  • CAHEC PRESERVATION LLC

    FURTHERs THE CHARITABLE PURPOSES OF CAHEC · NC · income $266,475 · assets $2,782,842

  • CAHEC DEVELOPMENT LLC

    FURTHERs THE CHARITABLE PURPOSES OF CAHEC · NC · income $528,948 · assets $1,358,238

Related partnerships on its 2024 return

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

Related corporations and trusts on its 2024 return

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 SOUNK.

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 2024, the newest we have parsed for this organization.