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EIN 56-2217808

CAHEC Properties Corporation

IRS 501(c) type
501(c)(3)
Num. employees
7
City
Raleigh
State
North Carolina
Year formed
2001
Most recent tax filings
2023-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
Cahec Properties Corp supports low-income housing via development, rehabilitation, preservation and ownership. It assists in properties with financial or managerial issues.
Related structure
CAHEC Properties Corporation is a subordinate organization under CAHEC Management.
Total revenues
$2,623,721
2023
Total expenses
$1,409,005
2023
Total assets
$15,114,944
2023
Num. employees
7
2023

Program areas at CAHEC Properties Corporation

Assists in low income housing/historic tax credit Properties that are distressed for financial/managerial reasons in which community affordable housing equity Corporation (Cahec - parent company) sponsored equity funds made an investment.

Who funds CAHEC Properties Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Affordable Housing Equity Corporation (CAHEC)Active Lifestyle Grant$15,000

Personnel at CAHEC Properties Corporation

NameTitleCompensation
Erin GriffinSecretary and Treasurer$0
Andrea WolfordDirector , Development$95,091
Matthew VerboonDevelopment Finance Manager$0
Chris EtheredgeProject Manager$85,371
Dana BoolePresident$0
...and 4 more key personnel

Financials for CAHEC Properties Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$2,228,027
Investment income and dividends$112
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$395,582
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,623,721

Form 990s for CAHEC Properties Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-29990View PDF
2022-122023-11-06990View PDF
2021-122022-08-15990View PDF
2020-122021-10-05990View PDF
2019-122021-02-17990View PDF
...and 9 more Form 990s
Data update history
December 31, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 6, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
Tax deductible donations
General information
Address
7700 Falls of Neuse Rd 200
Raleigh, NC 27615
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Phone
(919) 420-0063
IRS details
EIN
56-2217808
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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