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.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
- Base
- $449k
- Bonus
- $188k
- Other
- $69k
- Benefits
- $15k
- Base
- $237k
- Bonus
- $107k
- Other
- —
- Benefits
- $28k
- Base
- $227k
- Bonus
- $88k
- Other
- —
- Benefits
- $28k
- Base
- $203k
- Bonus
- $94k
- Other
- —
- Benefits
- $28k
- Base
- $216k
- Bonus
- $54k
- Other
- —
- Benefits
- $19k
- Base
- $182k
- Bonus
- $82k
- Other
- —
- Benefits
- $28k
- Base
- $172k
- Bonus
- $71k
- Other
- —
- Benefits
- $28k
- Base
- $172k
- Bonus
- $70k
- Other
- —
- Benefits
- $19k
- Base
- $206k
- Bonus
- $32k
- Other
- —
- Benefits
- $14k
- Base
- $146k
- Bonus
- $44k
- Other
- —
- Benefits
- $9k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and CEO Above 90th percentilevs Housing & Shelter peers in North Carolina | $449k | $188k | $69k | $15k | $755k $801k |
Chief Financial Officer Above 90th percentile | $237k | $107k | — | $28k | $401k $426k |
Vice President Above 90th percentile | $227k | $88k | — | $28k | $374k $397k |
Vice President Above 90th percentile | $203k | $94k | — | $28k | $350k $371k |
Vp, Cahec Properties Corp. Board Vice President Above 90th percentile | $216k | $54k | — | $19k | $311k $330k |
Manager, Fund Development Highest Compensated Employee Above 90th percentile | $182k | $82k | — | $28k | $305k $324k |
Manager, Community Capital Highest Compensated Employee Above 90th percentile | $172k | $71k | — | $28k | $295k $313k |
Manager, Fund Management Highest Compensated Employee Above 90th percentile | $172k | $70k | — | $19k | $285k $302k |
Sr. Vice President Vice President Above 90th percentile | $206k | $32k | — | $14k | $264k $280k |
Manager, Risk Management Highest Compensated Employee Above 90th percentile | $146k | $44k | — | $9k | $217k $230k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Community Affordable Housing Equity Corporation equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Held steady
from 2023
From $762k in 2023 to $755k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue rose 73%.
- Vice President pay rose 1% from 2023 to 2024.
- Board Vice President pay rose 8% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Community Affordable Housing Equity Corporation
What does the Chief Executive Officer of Community Affordable Housing Equity Corporation earn?
In 2024, the Chief Executive Officer of Community Affordable Housing Equity Corporation received $754,867 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Community Affordable Housing Equity Corporation compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in North Carolina, the 2024 pay of the Chief Executive Officer at Community Affordable Housing Equity Corporation falls in the top 10%. In 2024, the highest total compensation at Community Affordable Housing Equity Corporation equaled 4% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are Community Affordable Housing Equity Corporation's revenue and expenses?
In 2024, Community Affordable Housing Equity Corporation reported $17.8M in total revenue and $17M in total expenses on its IRS Form 990.
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