NonprofitsCahec Capital Inc

Community Improvement & Capacity Building

Cahec Capital Inc

RALEIGH, NC

Total revenue

$884K

Total expenses

$727K

Net assets

$3.1M

Grants received

EIN

471982875

Tax year

2024

Mission

to promote community development that fosters sustainable low-income households to foster healthy, empowered and sustainable housing opportunities for low- and moderate-income individuals and families. In furtherance of its mission, the Corporation will partner with organizations and businesses that focus their efforts on meeting the needs of low- and moderate income individuals and families. Emphasis will be placed on access to capital to finance a variety of activities intended to further the Corporation's mission, including flexible financing programs that assist individuals and families with obtaining affordable housing.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$884K
Investment income
Other revenue
Total revenue$884K

Expenses

Grants paid
Salaries & benefits$139K
Fundraising
Other expenses$589K
Total expenses$727K
Total assets$13.7M
Net assets$3.1M

People

7 listed

NameRoleCompensation

Robert Landis

Sr. Vice President/Director

Board

1 hrs/wk

Caitlin Gossens

Director

Board

1 hrs/wk

Joel Brockmann

Director

Board

1 hrs/wk

Josh Earn

Director

Board

1 hrs/wk

Paul Kennedy

Board Chair

Board

1 hrs/wk

Dana Boole

President and CEO

Board

1 hrs/wk

Erin Griffin

Secretary/Treasurer

Board

1 hrs/wk

Details

EIN471982875
NTEE codeS20
Subsection03
Ruling date2015-11
Formed2014
Employees0
Volunteers0
CAHEC CAPITAL INC — Mission, Financials & Grants Received | Grantivo