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); AND MAKE AVAILABLE AN ARRAY OF SUPPORTIVE SERVICE INITIATIVES.
PROMOTE AFFORDABLE HOUSING AND COMMUNITIES FOR THE BENEFIT OF LOW/MODERATE-INCOME POPULATION.
CAHEC RAISES AND INVESTS EQUITY CAPITAL IN QUALIFIED LOW-INCOME HOUSING TAX CREDIT AND OTHER TAX CREDIT PRODUCTS. IN 2019, CAHEC RAISED EQUITY CAPITAL OF $169,889,712 AND INVESTED IN 1,955 HOUSING UNITS. CAHEC ALSO PROVIDES CAPITAL THROUGH A SERIES OF COMMUNITY INVESTMENTS WHICH EMPOWERS RESIDENTS,PROMOTES THE DEVELOPMENT OF AFFORDABLE RENTAL AND OWNERSHIP HOUSING, AND FOSTERS SUSTAINABILITY WITHIN THE COMMUNITIES THAT IT SERVES.
IN 2019, CAHEC'S COMMUNITY INVESTMENTS TOTALED $749,854 TO RESIDENTS, COMMUNITIES, DEVELOPMENTS, AND ORGANIZATIONS. THESE INITIATIVES, 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. ADDITIONALLY, CAHEC PROVIDED OVER 1,049 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 | $460,730 |
| Robert Landis | SR VICE PRESIDENT | 40 | $227,792 |
| William Mayo | VICE PRESIDENT | 40 | $213,914 |
| Erin Griffin | VICE PRESIDENT | 40 | $213,616 |
| George Baker | ACQUISITIONS MANAGER | 40 | $187,798 |
| Marcus Gipner | MANAGER FUND DEVELOPMENT | 40 | $177,049 |
| Sonya Prear | VICE PRESIDENT | 40 | $175,191 |
| Brian Oxford | MANAGER ACQUISITIONS & NEW | 40 | $150,993 |
| Katherine Hammer | ACQUISITIONS MANAGER | 40 | $130,733 |
| Amy Mallory | MANAGER FUND ANALYSIS | 40 | $128,501 |
| Nancy Pearce | RISK MANAGER | 40 | $119,791 |
| Britni Edwards-Grimes | ACQUISITIONS MANAGER | 40 | $112,256 |
| Rebecca Dawes | MANAGER, ASSET MANAGEMENT | 40 | $106,727 |
| George Rapp | MANAGER, ASSET MANAGEMENT | 40 | $104,822 |
| Mette Pederson | BUSINESS SYSTEMS ANALYST | 40 | $101,352 |
| Steven Yeary | CONSTRUCTION MANAGER | 40 | $100,611 |
| Nate Barber | BOARD MEMBER | 1 | $0 |
| Leigh Ann Smith | BOARD MEMBER | 1 | $0 |
| James Chandler | BOARD MEMBER | 1 | $0 |
| Keith Nisbet | VICE CHAIRMAN | 1 | $0 |
| Tucker Bartlett | BOARD MEMBER | 1 | $0 |
| Terry Bibleheimer | BOARD MEMBER | 1 | $0 |
| Kemper Baker | BOARD MEMBER | 1 | $0 |
| Carol Jackson | BOARD MEMBER | 1 | $0 |
| Andrew Foster | VICE CHAIRMAN | 1 | $0 |
| Andrew Bowden | CHAIRMAN OF THE BOARD | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202012399349301036_public.xml