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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 Albemarle Housing Improvement Program Inc.

Albemarle Housing Improvement Program Inc.

Fiscal year ending 2024. Filed on February 26, 2025.

2127 Berkmar Drive
Charlottesville, Virginia 22901

Albemarle Housing Improvement Program Inc. (EIN: 54-1028220) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Albemarle Housing Improvement Program Inc., a 501(c)(3) charitable organization, reported compensation for 2 out of 17 total employees. Among the employees shown here, the average compensation is $103,945. The highest compensated employee at Albemarle Housing Improvement Program Inc. is Cory Demchak with fiscal year 2024 compensation of $117,380.

Revenue, expenses, and employee compensation

Revenue

$2,550,584

Expenses

$2,340,006

Employee compensation

$1,083,131
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Cory Demchak
Executive Director
$117,380
$105,535 No related comp$11,845
Craig Kaiser
Chief Financial Officer
$90,509
$78,628 No related comp$11,881

Benchmark Employee Compensation

Non-Employee Board Members

Carmelita Wood
Member
Charley Lewis
Member
Felice Boling-Key
Member
Kristin Szakos
President
Margaret Anderson
Treasurer
Stephen Murphy
Member
Suzanne Morse Moomaw, Ph.D.
Member
Waki Wynn
Vice President

Contractors

Robertson Electric
Construction
$101,568

Mission Statement

ALBEMARLE HOUSING IMPROVEMENT PROGRAM (AHIP) IS A NON-PROFIT, STATE LICENSED CLASS A CONTRACTOR WHO COMPLETES CRITICAL REPAIRS, ENERGY EFFICIENT UPGRADES, SAFETY AND ACCESSIBILITY MODIFICATIONS, AND COMPLETE HOME REHABS. OUR MISSION IS TO ENSURE SAFE AND AFFORDABLE HOMES FOR OUR NEIGHBORS IN NEED. SINCE 1976, WE HAVE SERVED MORE THAN 4,700 HOUSEHOLDS IN OUR COMMUNITY. NEARLY A TENTH OF CHARLOTTESVILLE AND ALBEMARLE HOMEOWNERS ARE SEVERELY COST BURDENED. THIS MEANS THAT CRITICAL REPAIRS INCLUDING HVAC, ROOFING, PLUMBING, ELECTRICAL, AND STRUCTURAL REPAIRS ARE BEYOND REACH. BY PROVIDING REPAIR SERVICES TO INCOME ELIGIBLE HOMEOWNERS, WE CAN PRESERVE THE HOUSES IN THE NEIGHBORHOODS THAT MAKE UP OUR VIBRANT COMMUNITY. HOME REPAIRS PRESERVE OUR CLIENTS GREATEST ASSET, THEIR HOME, AND HELPS BUILD GENERATIONAL WEALTH. HOUSING REPAIRS ALSO POSITIVELY AFFECT PHYSICAL AND MENTAL HEALTH AND ACCESSIBILITY MODIFICATIONS ENSURE THAT OUR SENIOR CLIENTS CAN AGE IN PLACE SAFELY AND WITH DIGNITY.

Revisions to this organization profile

February 26, 2025:
2024 Albemarle Housing Improvement Program Inc. 990 filed
March 15, 2024:
2023 Albemarle Housing Improvement Program Inc. 990 filed
April 26, 2023:
2022 Albemarle Housing Improvement Program Inc. 990 filed

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