Overview

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Est.

2014

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

CAHEC Capital Inc is a nonprofit organization dedicated to promoting community development that supports sustainable housing opportunities for low- and moderate-income individuals and families. With an operating budget of $727.3K and total revenue of $883.6K for the filing year 2024, the organization focuses on providing access to capital and flexible financing programs to foster healthy and empowered communities. For more information, visit their website at www.cahec.com.

Mission Statement

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.
Revenues
$883.6K
Expenses
$727.3K
Net Income:
+$156.3K
Assets
$13.7M
Liabilities
$10.6M
Net Assets:
+$3.1M
Operating Budget
$727.3K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Josh Earn
Board Member
J
Joel Brockmann
Board Member
P
Paul Kennedy
Board Member

Frequently Asked Questions

What is CAHEC Capital Inc’s budget?
In 2024, CAHEC Capital Inc reported an annual operating budget of around $727 thousand. More detailed financial information is available to registered users.
What causes does CAHEC Capital Inc support?
CAHEC Capital Inc supports work in Community improvement.
Where does CAHEC Capital Inc operate?
CAHEC Capital Inc is headquartered in Raleigh, NC.