Nonprofit · EIN 47-1982875
CAHEC CAPITAL INC
Tax-exempt · RALEIGH, NC 27615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,461,733 | $748,580 | $713,153 | $15,248,453 | $11,435,993 | $3,812,460 |
| December 31, 2024 | 990 | $883,608 | $727,281 | $156,327 | $13,698,375 | $10,599,068 | $3,099,307 |
| December 31, 2023 | 990 | $575,272 | $507,238 | $68,034 | $9,176,147 | $6,233,167 | $2,942,980 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $375,000
- Program service revenue
- $1,086,733
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $132,666
- Salaries, compensation and benefits (total)
- $149,058
- Professional fundraising fees
- $0
- Legal fees
- $12,285
- Accounting fees
- $29,275
- Occupancy
- $8,376
- Program services (functional)
- $727,240
- Management and general (functional)
- $21,340
Balance sheet and other
- Total assets, start of year
- $13,698,375
- Total assets, end of year
- $15,248,453
- Total liabilities, end of year
- $11,435,993
- Net assets, end of year
- $3,812,460
- Net assets without donor restrictions
- $3,812,460
- Gross receipts
- $1,461,733
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- NC
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DANA BOOLE | PRESIDENT AND CEO Officer | 1 | $0 | $860,623 | $52,717 |
| ERIN GRIFFIN | SECRETARY/TREASURER Officer | 1 | $0 | $373,785 | $64,394 |
| BRIAN OXFORD | DIRECTOR, COMMUNITY CAPITAL Highest-paid employee | 1 | $0 | $242,649 | $53,763 |
| CAITLIN GOSSENS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOEL BROCKMANN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSH EARN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATIE CRIPPEN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KAYLA ROSENBERG STRAMPE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NATE BARBER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAUL KENNEDY | BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dana Boole | President and CEO Officer | 1 | $0 | $705,268 | $49,599 |
| Erin Griffin | Secretary/Treasurer Officer | 1 | $0 | $343,478 | $57,999 |
| Robert Landis | Sr. Vice President/Director Trustee or director, Officer | 1 | $0 | $238,694 | $25,305 |
| Caitlin Gossens | Director Trustee or director | 1 | $0 | $0 | $0 |
| Joel Brockmann | Director Trustee or director | 1 | $0 | $0 | $0 |
| Josh Earn | Director Trustee or director | 1 | $0 | $0 | $0 |
| Paul Kennedy | Board Chair Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dana Boole | President and CEO Officer | 1 | $0 | $711,930 | $49,639 |
| Robert Landis | Sr. Vice President/Director Trustee or director, Officer | 1 | $0 | $325,416 | $46,064 |
| Erin Griffin | Secretary/Treasurer Officer | 1 | $0 | $313,130 | $35,859 |
| Caitlin Gossens | Director Trustee or director | 1 | $0 | $0 | $0 |
| Joel Brockmann | Director Trustee or director | 1 | $0 | $0 | $0 |
| Josh Earn | Director Trustee or director | 1 | $0 | $0 | $0 |
| Paul Kennedy | Board Chair Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7700 FALLS OF NEUSE RD STE 200, RALEIGH, NC 27615-3355
- In care of
- % DANA BOOLE
- Mailing address (990-N for 2015)
- 7700 FALLS OF NEUSE ROAD STE 200, RALEIGH NC 27615
- Principal officer (990 for 2025)
- DANA BOOLE, 7700 FALLS OF NEUSE ROAD 200, RALEIGH, NC 27615
- Principal officer (990-N for 2015)
- CHARLES NEWCOMER, 7700 FALLS OF NEUSE ROAD STE 200, RALEIGH NC 27615
- Signed the 990
- DANA BOOLE, PRESIDENT
- Phone
- (919) 420-0063
- Website
- WWW.CAHEC.COM
- Return prepared by
- FORVIS MAZARS LLP
Mission
TO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING FINANCING AND TECHNICAL ASSISTANCE TO LIHTC DEVELOPERS TO FOSTER HEALTHY, EMPOWERED AND SUSTAINABLE HOUSING OPPORTUNITIES FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES. IN FURTHERANCE OF ITS MISSION, THE CORPORATION WILL PARTNER WITH ORGANIZATIONS AND BUSINESSES THAT FOCUS THEIR EFFORTS ON MEETING THE NEEDS OF LOW- AND MODERATE INCOME INDIVIDUALS AND FAMILIES. EMPHASIS WILL BE PLACED ON ACCESS TO CAPITAL TO FINANCE A VARIETY OF ACTIVITIES INTENDED TO FURTHER THE CORPORATION'S MISSION, INCLUDING FLEXIBLE FINANCING PROGRAMS THAT ASSIST INDIVIDUALS AND FAMILIES WITH OBTAINING AFFORDABLE HOUSING.
Program accomplishments
- PROVIDE COMMUNITY DEVELOPMENT FINANCING TO UNDERSERVED AND LOW-INCOME POPULATIONS, PRESERVING AND IMPROVING NEIGHBORHOODS AND RETAINING QUALITY AFFORDABLE COMMUNITIES.Expenses $727,240 · revenue $1,086,733
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1982875
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $15,248,453
- Income (IRS master file)
- $1,461,733
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,461,733 | $748,580 | $15,248,453 | XML |
| 990 | December 2024 | $883,608 | $727,281 | $13,698,375 | XML |
| 990 | December 2023 | $575,272 | $507,238 | $9,176,147 | XML |
| 990 | December 2022 | $611,115 | $197,420 | $6,047,775 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: CHARLES NEWCOMER | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-1982875).
Questions about CAHEC CAPITAL INC
- What is the EIN of CAHEC CAPITAL INC?
- The employer identification number (EIN) of CAHEC CAPITAL INC is 47-1982875.
- Is CAHEC CAPITAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to CAHEC CAPITAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAHEC CAPITAL 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 CAHEC CAPITAL INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAHEC CAPITAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CAHEC CAPITAL INC?
- The 990 for the year ended December 31, 2025 names DANA BOOLE.
- Who are the officers and directors of CAHEC CAPITAL INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does CAHEC CAPITAL INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,461,733, expenses of $748,580 and total assets of $15,248,453 at year end.
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