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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Affordable Housing Development Fund Inc.

Affordable Housing Development Fund Inc.

Fiscal year ending 2020. Filed on May 17, 2021.

6735 Vistagreen Way No 310
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 2020 IRS Form 990 filing, Affordable Housing Development Fund Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $209,307. The highest compensated employee at Affordable Housing Development Fund Inc. is Perry Harenda with fiscal year 2020 compensation of $225,974.

Revenue, expenses, and employee compensation

Revenue

$16,334,287

Expenses

$16,184,061

Employee compensation

$27,000
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Perry Harenda
Director of Affordable HSI
$225,974
$0 $225,974 No other comp
Brian Brooks
Director of Operations at
$192,639
$0 $192,639 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Thomas van Vleet
Director and President
$12,000
$12,000 No related compNo other comp
John Constantine
Secretary and Director
$7,500
$7,500 No related compNo other comp
Jack Ahrens
Director, Vice President, and Treasurer
$7,500
$7,500 No related compNo other comp

Contractors

Keystone Risk Management
Insurance
$1,180,120
Rural Housing Consultants LLC
Consulting Fees
$470,000
Reinhart Boerner Van Deuren SC
Legal Fees
$447,162
Dauby O'connor & Zaleski
Accounting Fees
$316,846

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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Other organizations also named Affordable Housing Development Fund

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