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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 Community Affordable Housing Equity Corporation

Community Affordable Housing Equity Corporation

Fiscal year ending 2024. Filed on September 20, 2025.

7700 Falls Of Neuse Road 200
Suite 1700
Raleigh, North Carolina 27615

Community Affordable Housing Equity Corporation (EIN: 56-1805915) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Community Affordable Housing Equity Corporation, a 501(c)(3) charitable organization, reported compensation for 10 out of 62 total employees. Among the employees shown here, the average compensation is $355,705. The highest compensated employee at Community Affordable Housing Equity Corporation is Dana Boole with fiscal year 2024 compensation of $754,867.

Revenue, expenses, and employee compensation

Revenue

$17,757,204

Expenses

$17,030,014

Employee compensation

$10,914,694
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dana Boole
President and Chief Executive Officer
$754,867
$705,268 No related comp$49,599
Erin Griffin
Chief Financial Officer
$401,477
$343,478 No related comp$57,999
William Mayo
Vice President
$373,853
$314,139 No related comp$59,714
Sonya Prear
Vice President
$349,875
$297,396 No related comp$52,479
George Baker
Vice President, Cahec Properties Corp.
$310,871
$270,108 No related comp$40,763
Marcus Gipner
Manager, Fund Development
$305,436
$264,175 No related comp$41,261
Brian Oxford
Manager, Community Capital
$294,785
$242,911 No related comp$51,874
Amy Mallory
Manager, Fund Management
$284,779
$242,297 No related comp$42,482
Robert Landis
Senior Vice President
$263,999
$238,694 No related comp$25,305
Joseph Erdelyi
Manager, Risk Management
$217,105
$189,363 No related comp$27,742

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Bowden
Board Member
Anne Conner
Board Chair
John Rucker
Board Member
Keith Nisbet
Board Member
Margaret Penn
Secretary and Treasurer
Nate Barber
Vice Chair
Scott Selig
Board Member
Stephen O'Connor
Board Member
William Turner
Board Member

Contractors

Manatt Phelps & Phillips LLP
Legal
$922,973
Kutak Rock LLP
Legal
$410,109
Net Friends Inc
IT Consulting
$259,153
Womble Bond Dickinson (US) LLP
Legal
$148,372
Forvis Mazars
Audit and Tax
$119,939

Mission Statement

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.

Revisions to this organization profile

September 20, 2025:
2024 Community Affordable Housing Equity Corporation 990 filed
September 29, 2024:
2023 Community Affordable Housing Equity Corporation 990 filed
August 14, 2023:
2022 Community Affordable Housing Equity Corporation 990 filed

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