Public Charity

SOCAYR INC

Based in LOUISVILLE, KY, SOCAYR INC operates as a Public Charity. The organization reported $45.3M in revenue, $17.0M in expenses, $101.5M in total assets for fiscal year 2025.

EIN: 611352670 LOUISVILLE, KY Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$45.3M
Total Expenses$17.0M
Total Assets$101.5M
Grant Records0
Filing Years2021–2025

Mission

THE ORGANIZATION HAS BEEN ESTABLISHED TO FOSTER THE EMPOWERMENT OF AFFORDABLE HOUSING.

Where $100 goes at Socayr Inc

How Socayr Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$96 Programs the work itself
$4 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 $96 for programs

$96
The organization has been established to foster the empowerment of affordable housing
All program spending
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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

TREASURER Brandie Bryan-Frankforther
SECRETARY Christopher Redmon
DIRECTOR Dr Nath'l Moore
DIRECTOR Jillian Irle
DIRECTOR Natalie Harris
DIRECTOR Robert Vice Jr

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $45.3M $17.0M $101.5M
2024 $11.5M $8.7M $47.2M
2023 $6.2M $6.6M $41.0M
2022 $13.5M $9.9M $41.7M
2021 $6.7M $5.5M $34.9M

Between 2021 and 2025, reported annual revenue grew from $6.7M to $45.3M (+571%), with total assets most recently reported at $101.5M.

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

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