COMMUNITY AFFORDABLE HOUSING EQUITY CORPORATION
7700 FALLS OF NEUSE ROAD NO 200, RALEIGH, NC 27615 http://WWW.CAHEC.COM

Total Revenue
$9,832,850
Total Expenses
$9,989,991
Net Assets
$25,206,666

Organizations Filed Purposes: 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); MAKE AVAILABLE AN ARRAY OF SUPPORTIVE SERVICES AKA COMMUNITY PROGRAMS, WHICH ARE DESIGNED TO EMPOWER RESIDENTS OF CAHEC-SPONSORED DEVELOPMENTS; PROMOTE HOMEOWNERSHIP THROUGH (I) A SAVINGS PLAN FOR RESIDENTS AND (II) GRANTS TO NONPROFIT DEVELOPERS OF AFFORDABLE HOUSING.

A KEY COMPONENT OF CAHEC'S COMMUNITY INVESTMENT EFFORTS IS ITS SIX COMMUNITY PROGRAMS (DAVID T. PEET ADULT SCHOLARSHIP, COMMUNITY GRANT, REX D. WILLIAMS RESIDENT WELLNESS CENTER, SENIOR RECOGNITION, TECHNOLOGY LEARNING CENTER, AND YOUTH RECOGNITION). THESE PROGRAMS, ADMINISTERED AND FUNDED BY CAHEC, ARE (I) FOR THE BENEFIT OF THE RESIDENTS WHO RESIDE IN THE DEVELOPMENTS THAT CAHEC INVESTS, AND (II) DESIGNED TO EMPOWER RESIDENTS BY ENCOURAGING THEM TO SET AND ACHIEVE GOALS, STRENGTHEN JOB SKILLS, AND TAKE CARE OF THEIR COMMUNITY. CAHEC PROVIDED OVER 990 HOURS OF COMMUNITY SERVICE TO LOCAL ORGANIZATIONS WHICH SUPPORT CAHEC'S MISSION.


Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

Name Title Hours Per Week Total Salary
DANA BOOLE PRESIDENT AND CEO 40.00 $411,371
CHARLES NEWCOMER VICE PRESIDENT 40.00 $223,367
WILLIAM MAYO VICE PRESIDENT 40.00 $207,134
YOLANDA WINSTEAD SR. ACQUISITIONS MGR 40.00 $175,847
JILL ODOM VICE PRESIDENT 40.00 $173,768
JASPER KIMBRELL VICE PRESIDENT 40.00 $165,506
ERIN GRIFFIN VICE PRESIDENT 40.00 $162,550
MARCUS GIPNER FUND DEVT MGR. 40.00 $155,212
BRIAN OXFORD SR. MARKETS MGR. 40.00 $133,571
SAMUEL DAVIS INFORMATION SYSTEMS MGR. 40.00 $129,038
CHRISTOPHER STIGALL PROGRAM SERVUCES 40.00 $121,280
PHILLIP WILKIE ACQUISITIONS MGR. 40.00 $119,475
ANDREW FOSTER BOARD MEMBER 1.00 $0
KEMPER BAKER CHAIRMAN OF THE BOARD 1.00 $0
CAROL JACKSON VICE CHAIRMAN 1.00 $0
JAN ROUSH BOARD MEMBER 1.00 $0
TUCKER BARTLETT BOARD MEMBER 1.00 $0
TERRY BIBLEHEIMER BOARD MEMBER 1.00 $0
ROGER EARNHARDT BOARD MEMBER 1.00 $0
MICHAEL GOODMON BOARD MEMBER 1.00 $0
MARILYN DRAYTON SECRETARY, TREASURER 1.00 $0
ANDREW BOWDEN BOARD MEMBER 1.00 $0

data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201512259349302431_public.xml



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