Public Charity

Community Affordable Housing Equity Corporation

Community Affordable Housing Equity Corporation is a nonprofit organization categorized as Public Charity based in Raleigh, NC. Its most recent IRS filing (2024) reports revenue of $17.8M, expenses of $17.0M, total assets of $28.3M. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $467K.

EIN: 561805915 Raleigh, NC Latest filing: 2024
Total Revenue$17.8M
Total Expenses$17.0M
Total Assets$28.3M
Grant Records2
Funding Total$467K
Filing Years2020–2024

Mission

CAHEC'S PRIMARY MISSION IS TO RAISE CAPITAL TO FINANCE THE DEVELOPMENT OF AFFORDABLE MULTI-FAMILY RENTAL HOUSING UNDER THE PROVISIONS OF THE FEDERAL LOW-INCOME HOUSING TAX CREDIT PROGRAM (SECTION 42 OF IRC); and MAKE AVAILABLE AN ARRAY OF SUPPORTIVE SERVICE initiatives.

Officers & Directors

Manager, Fund Management Amy Mallory
Board Member Andrew Bowden
Chairman of the Board Anne Conner
Manager, Community Capital Brian Oxford
President and CEO Dana Boole
Chief Financial Officer Erin Griffin

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT CAHEC'S CHARITABLE MISSIONS
$442,000 1 grant
CHARITABLE DONATION
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $17.8M $17.0M $28.3M
2023 $10.2M $14.7M $29.9M
2022 $13.3M $13.8M $32.5M
2021 $11.3M $11.6M $30.2M
2020 $11.3M $11.2M $30.2M

Between 2020 and 2024, reported annual revenue grew from $11.3M to $17.8M (+58%), with total assets most recently reported at $28.3M.

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

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