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Filing year 2024

Community Affordable Housing Equity Corporation

Raleigh, North Carolina·EIN 56-1805915·NTEE L99Z · Housing & Shelter·501(c)(3)
Total revenue
$17.8M
Total assets
$28.3M
Total expenses
$17M
Reported officers
19
Mission

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.

President and CEO
Above 90th percentilevs Housing & Shelter peers in North Carolina
$755k
$801k
Base
$449k
Bonus
$188k
Other
$69k
Benefits
$15k
Chief Financial Officer
Above 90th percentile
$401k
$426k
Base
$237k
Bonus
$107k
Other
Benefits
$28k
Vice President
Above 90th percentile
$374k
$397k
Base
$227k
Bonus
$88k
Other
Benefits
$28k
Vice President
Above 90th percentile
$350k
$371k
Base
$203k
Bonus
$94k
Other
Benefits
$28k
Vp, Cahec Properties Corp.
Board Vice President
Above 90th percentile
$311k
$330k
Base
$216k
Bonus
$54k
Other
Benefits
$19k
Manager, Fund Development
Highest Compensated Employee
Above 90th percentile
$305k
$324k
Base
$182k
Bonus
$82k
Other
Benefits
$28k
Manager, Community Capital
Highest Compensated Employee
Above 90th percentile
$295k
$313k
Base
$172k
Bonus
$71k
Other
Benefits
$28k
Manager, Fund Management
Highest Compensated Employee
Above 90th percentile
$285k
$302k
Base
$172k
Bonus
$70k
Other
Benefits
$19k
Sr. Vice President
Vice President
Above 90th percentile
$264k
$280k
Base
$206k
Bonus
$32k
Other
Benefits
$14k
Manager, Risk Management
Highest Compensated Employee
Above 90th percentile
$217k
$230k
Base
$146k
Bonus
$44k
Other
Benefits
$9k

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.

Browse compensation in Housing & Shelter

Pay in context

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%.

This organization (2024)
4%
Sector median
7%
Middle half of sector
3% to 16%

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.

$762k
2023
$755k
2024
In today's dollarsEst.
Down 4% in real terms$832k to $801k

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.

Pay for the position

Chief Executive Officer pay fell 1% from 2023 to 2024, while revenue rose 73%.

$762k in 2023 to $755k in 2024.
  • 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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

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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