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Organizations Housing & Shelter Affordable Housing Development Fund Inc.

Affordable Housing Development Fund Inc.

Fiscal year ending 2016. Filed on May 12, 2017.

973 Featherstone Road No 325
Rockford, Illinois 61107

Affordable Housing Development Fund Inc. (EIN: 39-1906153) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2016 IRS Form 990 filing, Affordable Housing Development Fund Inc., a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $153,069. The highest compensated employee at Affordable Housing Development Fund Inc. is Perry Harenda with fiscal year 2016 compensation of $181,840.

Revenue, expenses, and employee compensation

Revenue

$21,515,741

Expenses

$29,948,313

Employee compensation

$26,750
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Perry Harenda
Director of Affordable HSI
$181,840
$0 $181,840 No other comp
John Erich
Development Manager
$180,000
$0 $180,000 No other comp
Gerald Walters
Property Management Director
$172,000
$0 $172,000 No other comp
Brian Brooks
Director of Operations at
$147,643
$0 $147,643 No other comp
Mike McNeal
Chief Financial Officer
$130,000
$0 $130,000 No other comp
Jerry Zeibert
Construction Manager
$130,000
$0 $130,000 No other comp
Natalie Latino
Accounting Manager
$130,000
$0 $130,000 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Thomas van Vleet
Director and President
$8,000
$8,000 No related compNo other comp
Jack Ahrens
Director, Vice President, and Treasurer
$5,000
$5,000 No related compNo other comp
John Constantine
Secretary and Director
$5,000
$5,000 No related compNo other comp
Ken Smith
Director
$5,000
$5,000 No related compNo other comp
Mark E Adams Resigned 121216
Director
$3,750
$3,750 No related compNo other comp

Contractors

Keystone Risk Management
Insurance
$2,013,006
Reinhart Boerner Van Deuren SC
Legal Fees
$666,724
Dauby O'connor & Zaleski
Accounting Fees
$396,128
Rural Housing Consultants LLC
Consulting Fees
$395,000

Mission Statement

THE CORPORATION'S CHARITABLE PURPOSE INCLUDES, AMONG OTHER THINGS, OWNERSHIP, DEVELOPMENT, PRESERVATION AND MANAGEMENT OF AFFORDABLE, SAFE, GOOD QUALITY, WELL-MAINTAINED HOUSING COMMUNITIES.

Revisions to this organization profile

May 9, 2024:
2023 Affordable Housing Development Fund Inc. 990 filed
May 15, 2023:
2022 Affordable Housing Development Fund Inc. 990 filed
May 13, 2022:
2021 Affordable Housing Development Fund Inc. 990 filed

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Phipps Affordable Housing Development Fund Corporation
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Hastings-on-Hudson Affordable Housing Development Fund Company Inc.
Hastingsonhudson, New York