Public Charity

AFFORDABLE HOUSING DEVELOPERS INC

AFFORDABLE HOUSING DEVELOPERS INC is a Public Charity headquartered in MANDAN, ND. Financial data from the 2025 filing: $1.2M revenue, $1.3M expenses, $9.5M total assets.

EIN: 450448222 MANDAN, ND Housing Support NTEE: L80 Latest filing: 2025
Total Revenue$1.2M
Total Expenses$1.3M
Total Assets$9.5M
Grant Records0
Filing Years2020–2025

Mission

TO PROVIDE AND BE DEDICATED TO THE DEVELOPMENT, PRESERVATION AND MANAGEMENT OF DECENT, SAFE AND AFFORDABLE HOUSING FOR LOWER INCOME HOUSEHOLDS IN NORTH DAKOTA.

Where $100 goes at Affordable Housing Developers Inc

How Affordable Housing Developers Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$55
Ahdi owns 3 multi-family affordable housing properties with 48 units located in williston, rugby, and Mandan, ahdi also has ownership in 5 additional affordable housing properties located in…
72% of program spending · Reported in the filing: 48 units; 63 units
$18
Affordable Housing Developers develops multi-family housing projects for low to moderate income households throughout north dakota by utilizing federal, state and local grant and loan programs designed to…
24% of program spending
$3
Ahdi manages affordable multifamily housing programs that utilize a variety of subsidy programs including rural development rental assistance, hud home program funding and north dakota housing incentive funds
4% of program spending · Reported in the filing: 123 units
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

FORMER EXEC Andrea Diede
EXECUTIVE DI Brent Ekstrom
BOARD MEMBER Cheryl Merck
BOARD MEMBER Chris Keller
PRESIDENT Emily Gran
VICE PRESIDE Emily Schroeder

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.2M $1.3M $9.5M
2024 $1.4M $1.2M $9.4M
2023 $748K $1.2M $9.4M
2022 $855K $1.2M $9.8M
2020 $634K $990K $8.5M

Between 2020 and 2025, reported annual revenue grew from $634K to $1.2M (+92%), with total assets most recently reported at $9.5M.

Interactive year-over-year charts and full filing details available with membership.

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