Cahec Properties Corporation

Fiscal year ending 2024. Filed on October 27, 2025.

7700 Falls Of Neuse Rd 200
Raleigh, North Carolina 27615

Cahec Properties Corporation (EIN: 56-2217808) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Cahec Properties Corporation, a 501(c)(3) charitable organization, reported compensation for 6 out of 7 total employees. Among the employees shown here, the average compensation is $336,579. The highest compensated employee at Cahec Properties Corporation is Dana Boole with fiscal year 2024 compensation of $754,867.

Revenue, expenses, and employee compensation

Revenue

$3,499,876

Expenses

$1,525,515

Employee compensation

$596,098

Reported Compensated Employees

$0 from org$705,268 from related$49,599 other

$0 from org$343,478 from related$57,999 other

＋8.3%vs 2023

George Baker

Vice President and Secretary

$310,871

$270,108 from orgNo related comp$40,763 other

$0 from org$238,694 from related$25,305 other

＋13.3%vs 2023

Matthew Verboon

Development Finance Manager

$144,383

$131,234 from orgNo related comp$13,149 other

$114,909 from orgNo related comp$28,968 other

Non-Employee Board Members

Mission Statement

Acquires, develops, constructs, rehabilitates, preserves, maintains, owns, operates, finances, and otherwise fosters and supports, directly or indirectly, decent, safe, and sanitary housing for low-income persons.

Revisions to this organization profile

October 27, 2025:

2024 Cahec Properties Corporation 990 filed

September 29, 2024:

2023 Cahec Properties Corporation 990 filed

November 6, 2023:

2022 Cahec Properties Corporation 990 filed

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