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Nonprofit · EIN 22-3159643

AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC

Also known as AHEAD

Tax-exempt · LITTLETON, NH 03561

Financials

$3.4M$3.2M2021$3.6M$3.3M2023$5M$3.6M2024
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,012,542$3,647,679$1,364,863$11,621,788$2,253,932$9,367,856
December 31, 2023990$3,587,492$3,266,369$321,123$10,668,210$2,736,580$7,931,630
December 31, 2021990$3,412,328$3,233,656$178,672$10,124,613$2,455,854$7,668,759
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,944,910
of which government grants
$1,000,000
Program service revenue
$3,002,694
Investment income
$76,583
Net gain from sales of assets
$48,064
Net income from fundraising events
-$11,645
Other revenue
-$11,645

Expenses

Grants and similar amounts paid
$226,354
Compensation of officers, directors and key employees
$113,884
Other salaries and wages
$1,784,611
Salaries, compensation and benefits (total)
$2,481,499
Professional fundraising fees
$0
Legal fees
$14,842
Accounting fees
$85,304
Occupancy
$222,450
Travel
$83,039
Depreciation
$57,553
Program services (functional)
$3,098,838
Management and general (functional)
$529,953
Fundraising (functional)
$18,888

Balance sheet and other

Total assets, start of year
$10,668,210
Total assets, end of year
$11,621,788
Total liabilities, end of year
$2,253,932
Net assets, end of year
$9,367,856
Land, buildings and equipment
$1,501,727
Publicly traded securities
$894,551
Net assets without donor restrictions
$8,105,989
Net assets with donor restrictions
$1,261,867
Gross receipts
$5,299,516
Employees
43
Volunteers
15
Year formed
1991
State of legal domicile
NH

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Harrison KanzlerExecutive Director
Officer
20$113,884
Susan RetzPresident
Trustee or director, Officer
0.5$0
Mark HeslerVice President
Trustee or director, Officer
0.5$0
Martha McLeodInterim Treasurer
Trustee or director, Officer
0.5$0
Fran DaySecretary
Trustee or director, Officer
0.5$0
Erik BeckerDirector
Trustee or director
0.5$0
Angela ClevelandDirector
Trustee or director
0.5$0
Ann DowDirector
Trustee or director
0.5$0
Bridget FreudenbergerDirector
Trustee or director
0.5$0
Adam HammillDirector
Trustee or director
0.5$0
Jonathan VergeDirector
Trustee or director
0.5$0
Jordan ApplewhitePast Director
Trustee or director
0.5$0
Mark MacDonaldPast Director
Trustee or director
0.5$0
Autumn ShultzPast Director
Trustee or director
0.5$0
Kaela TavaresPast Director
Trustee or director
0.5$0
1 more people on this return
NameTitleHours / weekCompensation
Benjamin TiltonPast Director
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Harrison KanzlerExecutive Director
Officer
20$109,667
Susan RetzPresident
Trustee or director, Officer
0.5$0
Mark HeslerVice President
Trustee or director, Officer
0.5$0
Martha McLeodInterim Treasurer
Trustee or director, Officer
0.5$0
Fran DaySecretary
Trustee or director, Officer
0.5$0
Mark MacDonaldDirector
Trustee or director
0.5$0
Bridget FreudenbergerDirector
Trustee or director
0.5$0
Benjamin TiltonDirector
Trustee or director
0.5$0
Erica AntonucciDirector
Trustee or director
0.5$0
Kaela TavaresDirector
Trustee or director
0.5$0
Jordan ApplewhiteDirector
Trustee or director
0.5$0
Christine JessenPast Treasurer
Trustee or director, Officer
0.5$0
Barbara AshleyPast Director
Trustee or director
0.5$0
990 for the year ended December 31, 2021: 12 people
NameTitleHours / weekCompensationOther / benefits
Michael ClaflinExecutive Director
Officer
40$101,321$13,450
Martha McLeodPresident
Trustee or director, Officer
0.5$0$0
Susan RetzVice-President
Trustee or director, Officer
0.5$0$0
Christine JessenTreasurer
Trustee or director, Officer
0.5$0$0
Mark MacDonaldSecretary
Trustee or director, Officer
0.5$0$0
Erica AntonucciDirector
Trustee or director
0.5$0$0
Barbara AshleyDirector
Trustee or director
0.5$0$0
Louise CaouetteDirector
Trustee or director
0.5$0$0
Mark HeslerDirector
Trustee or director
0.5$0$0
Benjamin TiltonDirector
Trustee or director
0.5$0$0
Peter CoreyPast Vice-President
Trustee or director, Officer
0.5$0$0
Alison ChisolmPast Director
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
262 COTTAGE ST STE 116, LITTLETON, NH 03561-4143
Principal officer (990 for 2024)
Susan Retz, 262 Cottage Street, Littleton, NH 03561
Signed the 990
Harrison Kanzler, Executive Director
Phone
(603) 444-1377
Return prepared by
Berry Dunn McNeil & Parker LLC

Mission

The primary purpose of Affordable Housing, Education and Development (AHEAD) Inc. (the "Corporation") is to provide opportunities for decent, safe, sanitary, affordable housing to the region's lower income people through comprehensive, cooperative programs which use community resources and emphasize education, personal initiative, democratic values, and economic empowerment. To provide opportunities to strengthen the standard of living for all community residents through retention, expansion, attraction of jobs, outreach programs and business development projects. The Corporation will be a membership-based entity.

990 for the year ended December 31, 2024

Program accomplishments

  • Property Management - AHEAD owns and manages a portfolio of low/moderate income rental properties in nine Northern New Hampshire communities and two Northern Vermont communities.
    Expenses $2,176,462 · revenue $2,997,694
  • Housing Development - AHEAD acquires and rehabilitates primarily substandard rental housing into quality affordable housing, and also constructs new affordable rental housing. AHEAD intends to keep thishousing available and affordable to households at or below 80% of median income for a minimum of 20 years.
    Expenses $140,694 · grants $226,354 · revenue $5,000
  • Homeowner and Foreclosure Counseling - AHEAD provides education and counseling services to prepare individuals for homeownership and/or financial stability.
    Expenses $781,682

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3159643
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,621,788
Income (IRS master file)
$5,299,516

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,012,542$3,647,679$11,621,788XML
990December 2023$3,587,492$3,266,369$10,668,210XML
990December 2022$2,795,539$2,851,661$10,271,285IRS
990December 2021$3,412,328$3,233,656$10,124,613XML
990December 2020–––IRS
990December 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 22-3159643).

Questions about AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC

What is the EIN of AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC?
The employer identification number (EIN) of AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC is 22-3159643.
Is AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC 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 AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 names Susan Retz.
Who are the officers and directors of AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $113,884 (Harrison Kanzler, Executive Director).
How much revenue does AFFORDABLE HOUSING EDUCATION AND DEVELOPMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,012,542, expenses of $3,647,679 and total assets of $11,621,788 at year end.

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