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Nonprofit · EIN 84-3628117

CAHEC MANAGEMENT INC

Tax-exempt · COLUMBIA, SC 29224

Financials

$32.4M$31.4M2023$37.4M$36.4M2024
Revenue Expenses · by fiscal year end
Financials of CAHEC MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$37,390,137$36,396,124$994,013$9,659,586$3,451,413$6,208,173
December 31, 2023990$32,418,235$31,370,913$1,047,322$10,595,361$5,381,201$5,214,160
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$37,400,308
Investment income
-$10,171
Net gain from sales of assets
-$10,171
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,368,729
Other salaries and wages
$6,011,941
Salaries, compensation and benefits (total)
$9,296,531
Professional fundraising fees
$0
Legal fees
$57,384
Accounting fees
$61,315
Occupancy
$131,173
Travel
$287,726
Depreciation
$883,143
Program services (functional)
$34,034,062
Management and general (functional)
$2,362,062

Balance sheet and other

Total assets, start of year
$10,595,361
Total assets, end of year
$9,659,586
Total liabilities, end of year
$3,451,413
Net assets, end of year
$6,208,173
Land, buildings and equipment
$496,583
Net assets without donor restrictions
$6,208,173
Gross receipts
$37,413,046
Employees
659
Volunteers
0
Year formed
2020
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Dana BooleCAHEC President & CEO
Trustee or director, Officer
1$0$705,268$49,599
Erin GriffinVice President, Finance & Operations
Trustee or director, Officer
1$0$343,478$57,999
Barbara JacoSenior Vice President
Trustee or director, Officer
40$292,493$0$25,335
Robert LandisSenior Vice President
Trustee or director, Officer
1$0$238,694$25,305
Kyle HarrelsonVP, Accounting & Finance
Officer
40$190,603$0$46,711
Sandra LeeVP, Operations
Officer
40$188,834$0$44,277
Rene SturgisVP, Property Management
Officer
40$192,015$0$28,397
Lisa WerdunnVP, Compliance
Officer
40$178,107$0$28,254
Traci TascaController
Highest-paid employee
40$122,239$0$31,464
Matthew VerboonDevelopment Finance Manager
Highest-paid employee
0.3$0$131,234$13,149
Andrea WolfordVice President
Highest-paid employee
0.3$0$114,909$28,968
Christina ToshSenior Account Manager
Highest-paid employee
40$94,000$0$36,688
Kathy PorterSenior Regoinal Manager
Highest-paid employee
40$104,553$0$24,930
Janet StanleySenior Regoinal Manager
Highest-paid employee
40$113,361$0$11,427
Carl BowenBoard Member
Trustee or director
1$0$0$0
3 more people on this return
NameTitleHours / weekCompensation
Dan HaefnerBoard Member
Trustee or director
1$0
Mary Winter TeasterBoard Member
Trustee or director
1$0
Nate BarberVice President
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Dana BooleCAHEC President & CEO
Officer
0.3$0$711,930$49,639
Robert LandisSenior Vice President
Officer
0.3$0$325,416$46,064
Barbara JacoVice President
Trustee or director, Officer
40$332,334$0$33,424
Erin GriffinVice President, Finance & Operations
Officer
0.3$0$313,130$35,859
Kyle HarrelsonManager of Finance and Accounting
Trustee or director
40$195,164$0$43,650
Sandra LeeVice President, Operations
Trustee or director
40$166,850$0$39,003
Lisa WerdunnVP Compliance
Trustee or director
40$151,299$0$28,478
Rene SturgisVP Property Manager
Trustee or director
40$154,420$0$23,046
Traci TascaController
Highest-paid employee
40$119,374$0$29,015
Christina ToshSenior Accounting Manager
Highest-paid employee
40$94,139$0$33,907
Matt VerboonFinance Manager
Highest-paid employee
40$115,998$0$11,437
Kathy PorterSenior Regional Manager
Highest-paid employee
40$100,229$0$24,632
Andrea Wolford–
Highest-paid employee
40$95,091$0$19,661
Nate BarberViCe President
Trustee or director
0.3$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 23589, COLUMBIA, SC 29224-3589
In care of
% DANA S BOOLE
Principal officer (990 for 2024)
Dana Boole, 7700 Falls of Neuse Road 200, Raleigh, NC 27615
Signed the 990
Dana Boole, PRESIDENT
Phone
(919) 645-9825
Return prepared by
Forvis Mazars LLP

Mission

Fosters and supports decent, safe, and sanitary housing for low-income persons via property management of low income communities.

990 for the year ended December 31, 2024

Program accomplishments

  • Fosters and supports decent, safe, and sanitary housing for low-income persons via property management of low income communities.
    Expenses $34,034,062 · revenue $37,390,137

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
84-3628117
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,659,586
Income (IRS master file)
$37,413,046

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$37,390,137$36,396,124$9,659,586XML
990December 2023$32,418,235$31,370,913$10,595,361XML
990December 2022$27,750,429$26,124,211$10,763,731IRS
990December 2021–––IRS
990December 2020–––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 84-3628117).

Questions about CAHEC MANAGEMENT INC

What is the EIN of CAHEC MANAGEMENT INC?
The employer identification number (EIN) of CAHEC MANAGEMENT INC is 84-3628117.
Is CAHEC MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to CAHEC MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does CAHEC MANAGEMENT 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 MANAGEMENT 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 CAHEC MANAGEMENT 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 CAHEC MANAGEMENT INC?
The 990 for the year ended December 31, 2024 names Dana Boole.
Who are the officers and directors of CAHEC MANAGEMENT INC?
The 990 for the year ended December 31, 2024 lists 18 people; 9 received compensation from the organization.
How much revenue does CAHEC MANAGEMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $37,390,137, expenses of $36,396,124 and total assets of $9,659,586 at year end.

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