Nonprofits›Cahec Properties Corporation
Housing & Shelter
Cahec Properties Corporation
RALEIGH, NC
Total revenue
$3.5M
Total expenses
$1.5M
Net assets
$9.9M
Grants received
$15K
1 grants
EIN
562217808
Tax year
2024
Mission
Fosters and supports decent, safe, and sanitary housing for low-income persons via preservation and ownership of low income communities.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$3.2M
Investment income$323K
Other revenue—
Total revenue$3.5M
Expenses
Grants paid—
Salaries & benefits$596K
Fundraising—
Other expenses$929K
Total expenses$1.5M
Total assets$19.3M
Net assets$9.9M
People
8 listed
NameRoleCompensation
George Baker
Vice President and Secretary
Board
$270K
0.3 hrs/wk
Dana Boole
President
Board
—
0.3 hrs/wk
Robert Nettles
Board Member
Board
—
0.3 hrs/wk
Margaret Penn
Board Member
Board
—
0.3 hrs/wk
Erin Griffin
Treasurer
Board
—
0.3 hrs/wk
Robert Landis
Vice President
Board
—
0.3 hrs/wk
Matthew Verboon
Development Finance Manager
Staff
$131K
40 hrs/wk
Andrea Wolford
Vice President
Staff
$115K
40 hrs/wk
Grants received
Showing 1 of 1
FromAmountPurposeYear
Funded by
$15K from 1 funder · 1 grant · 2023
Community Affordable Housing Equity Corporation
$15K · 1 grant · 2023
Details
EIN562217808
NTEE codeL20
Subsection03
Ruling date2002-06
Formed2001
Employees7
Volunteers0