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 · Schedule J · 10 reported individuals · Filing year 2024
Base salaryBonusOther compensationBenefits
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Vice President vice president $374k | |||||
Vice President vice president $350k | |||||
Vp, Cahec Properties Corp. vice president $311k | |||||
Manager, Fund Development highest compensated employee $305k | |||||
Manager, Community Capital highest compensated employee $295k | |||||
Manager, Fund Management highest compensated employee $285k | |||||
Sr. Vice President vice president $264k | |||||
Manager, Risk Management highest compensated employee $217k | |||||
Plus 9 unpaid individuals.
Held steady
from 2023
From $762k in 2023 to $755k in 2024.
$762k
2023
$755k
2024
$762k
2023
$755k
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.
1
Community Affordable Housing Equity Corporation2024
$755k
2
LAKE PRINCE CENTER2023
$258k
3
Lutheran Retirement Center - Salisbury Inc2023
$222k
4
ALAMANCE EXTENDED CARE INC2023
$205k
5
Housing Collaborative2024
$179k
6
CHOANOKE AREA DEVELOPMENT ASSOCIATION OF2023
$86k
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