Public Charity

Hendersonville Affordable Housing Inc

Hendersonville Affordable Housing Inc is a Public Charity headquartered in Hendersonville, NC. Financial data from the 2025 filing: $4.3M revenue, $3.8M expenses, $13.3M total assets.

EIN: 843536431 Hendersonville, NC Latest filing: 2025
Total Revenue$4.3M
Total Expenses$3.8M
Total Assets$13.3M
Grant Records0
Filing Years2022–2025

Mission

The entity's purpose is to provide low and very low income persons with affordable housing in Hendersonville, NC. Effective 10/01/2020, the entity owns 352 units of housing that was Public Housing and is now converted under HUD's RAD program.

Where $100 goes at Hendersonville Affordable Housing Inc

How Hendersonville Affordable Housing Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
Provide housing for low and very low income individuals and families under HUD's Multi-Family program
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

Director Chris Denney
Executive Dir. Connie Stewart
Director Danny Williams
Director Fair Waggoner
Vice-Chariman Garry Sherrill
Chairman Ronnie Pepper

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.3M $3.8M $13.3M
2024 $3.7M $5.5M $12.8M
2023 $4.4M $4.0M $15.1M
2022 $3.4M $3.6M $14.9M

Between 2022 and 2025, reported annual revenue grew from $3.4M to $4.3M (+27%), with total assets most recently reported at $13.3M.

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

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