Nonprofit · EIN 14-1724899
CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION
Tax-exempt · ALBANY, NY 12210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $76,651 | $73,732 | $2,919 | $386,561 | $113,688 | $272,873 |
| April 30, 2024 | 990 | $23,474 | $42,401 | -$18,927 | $523,334 | $253,380 | $269,954 |
| April 30, 2023 | 990 | $35,567 | $55,068 | -$19,501 | $624,828 | $335,947 | $288,881 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $2,033
- Program service revenue
- $74,421
- Investment income
- $197
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $60,371
- Management and general (functional)
- $13,361
Balance sheet and other
- Total assets, start of year
- $523,334
- Total assets, end of year
- $386,561
- Total liabilities, end of year
- $113,688
- Net assets, end of year
- $272,873
- Net assets without donor restrictions
- $272,873
- Gross receipts
- $76,651
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1989
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SUSAN COTNER | EXECUTIVE DIRECTOR Officer | 8 | $0 | $56,913 | $2,740 |
| CLAYTON ALLEN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ERIC DAHL | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KIMBERLY REILLY | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended April 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SUSAN COTNER | EXECUTIVE DIRECTOR Officer | 8 | $0 | $54,805 | $2,740 |
| ERIC DAHL | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KIMBERLY REILLY | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TOM POITRAS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended April 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SUSAN COTNER | EXECUTIVE DIRECTOR Officer | 8 | $0 | $54,805 | $2,740 |
| HELMUT GERSTENBERGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC DAHL | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BOB MACLASCO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LISA GIORDANO | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TOM POITRAS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 255 ORANGE STREET, ALBANY, NY 12210-2404
- In care of
- % ALBANY-COLONIE REGIONAL CHAMBER
- Principal officer (990 for 2024)
- SUSAN COTNER, 255 ORANGE STREET, ALBANY, NY 12210
- Signed the 990
- SUSAN COTNER, EXECUTIVE DIRECTOR
- Phone
- (518) 434-1730
- Return prepared by
- MENGEL METZGER BARR & CO LLP
Mission
TO PROVIDE LOANS TO LOW AND MODERATE INCOME FAMILIES TO ASSIST THEM IN OBTAINING QUALIFIED HOUSING.
Program accomplishments
- PROVIDED LOW COST MORTGAGE FINANCING WITH FLEXIBLE UNDERWRITING CRITERIA TARGETED TO LOW AND MODERATE INCOME FAMILIES. OVER AN ELEVEN-YEAR PERIOD ENDING IN 2001, THE CORPORATION PROVIDED $21.2 MILLION IN MORTGAGE LOANS TO FIRST TIME HOMEBUYERS AND DEVELOPERS OF AFFORDABLE RENTAL PROPERTIES. DURING THE YEAR ENDED APRIL 30, 2025, THE PROGRAM SERVED 20 PARTICIPANTS.Expenses $60,371 · revenue $74,421
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 14-1724899
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $386,561
- Income (IRS master file)
- $76,651
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $76,651 | $73,732 | $386,561 | XML |
| 990 | April 2024 | $23,474 | $42,401 | $523,334 | XML |
| 990 | April 2023 | $35,567 | $55,068 | $624,828 | XML |
| 990 | April 2022 | – | – | – | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1724899).
Questions about CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION
- What is the EIN of CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION?
- The employer identification number (EIN) of CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION is 14-1724899.
- Is CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1991.
- Are donations to CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION?
- The 990 for the year ended April 30, 2025 names SUSAN COTNER.
- Who are the officers and directors of CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION?
- The 990 for the year ended April 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does CAPITAL AFFORDABLE HOUSING FUNDING CORPORATION have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $76,651, expenses of $73,732 and total assets of $386,561 at year end.
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