Ahi Development INC: FY2023 Nonprofit Profile & Form 990 (EIN 23-2362611)

Revenue by fiscal year
FY2022	$7.9M
FY2023	$2.8M
FY2024	$2.9M
FY2025	$3.4M

Expenses by fiscal year
FY2022	$4.6M
FY2023	$3.0M
FY2024	$4.1M
FY2025	$5.3M

Net assets by fiscal year
FY2022	$7.0M
FY2023	$6.8M
FY2024	$5.6M
FY2025	$3.7M

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2025. IRS ruling in May 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

99%

Program services 99% · $3.0M Management & general 1% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII

Rebecca Yago

President

$0Pt VII · Sec A

Lawrence a Swanson

Vice President

$0Pt VII · Sec A

Ron Ciotti

Vice President

$0Pt VII · Sec A

Ricardo G Savido

Treasurer

$0Pt VII · Sec A

Lena Andrews

Vice President

$0Pt VII · Sec A

Kirk T Rys

Director

$0Pt VII · Sec A

Paul D'Alesandro

Director

$0Pt VII · Sec A

Frank Demes

Director

$0Pt VII · Sec A

See Ahi Development INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and rehabilitates housing for low-income families, the elderly, disabled, and women in crisis, also providing supportive housing management.

Questions for Ahi Development INC

Tap to ask. Ahi Development INC sees how many people are interested.

Your first name shows with your question. Ahi Development INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $3.0M · in their own filed words · FY2022

01

Housing development, rehabilitation and supportive housing management services - to increase the supply of decent, safe and sanitary housing for lower income families, the elderly, disabled, women in crisis and other special population groups.

$3.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2022

Ahi Milligan Manor INCFY2022$418K

Total grants receivedfrom 1 funder$418K

Grants paid · 4 grants · $1.8M · 2024–2024

Allegheny Council to Improve Our Neighborhoods-Housing IncorporatedPA · FY2024$1,691,246

Chi Affordable Housing INCPA · FY2024$54,000

East Pittsburgh Apartments IncorporatedPA · FY2024$16,532

15 Miller Ave HousingFY2024$10,150

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$2.8M

Ln 12

Fees for servicesLn 2g$2.3M

Investment incomeLn 3$365K

Gifts and grantsLn 1h$150K

Money outPt IX

$3.0M

Ln 25

Programscol B$3.0M

Managementcol C$22K

Owns and owesPt X

$6.8M

net assets · Ln 32

Cash and savingsLn 1–2$3.4M

Total assetsLn 16$10.5M

LiabilitiesLn 26$3.7M

PeoplePt VI, VII

11

listed · VII A

PaidVII A0

Voting boardVI 1a11

IndependentVI 1b11

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$150K

Fees for servicesLn 2g$2.3M

Investment incomeLn 3$365K

Gains on assetsLn 7$365K

Total revenueLn 12$2.8M

Assets in detailPt X, end of year

CashLn 1$3.4M

Cash and savings togetherLn 1–2$3.4M

InvestmentsLn 11–13$75K

Land, buildings, equipmentLn 10c$88K

Other assetsLn 15$301K

Total assetsLn 16$10.5M

LiabilitiesLn 26$3.7M

Net assetsLn 32$6.8M

OperationsPt I, VI

EmployeesI 521

VolunteersI 611

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$4.7M	$3.4M
InvestmentsLn 11–13	$75K	$75K
Land, buildings, equipmentLn 10c	$93K	$88K
Total assetsLn 16	$10.4M	$10.5M
LiabilitiesLn 26	$3.4M	$3.7M
Net assetsLn 32	$7.0M	$6.8M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$166K	$166K
Other salaries and wagesLn 7	$427K	$427K
Other employee benefitsLn 9	$87K	$87K
Payroll taxesLn 10	$89K	$89K
Accounting feesLn 11c	$18K	$14K	$4K
Other fees for servicesLn 11g	$1.9M	$1.9M
OccupancyLn 16	$120K	$106K	$15K
TravelLn 17	$32K	$32K
Conferences, conventions and meetingsLn 19	$21K	$21K
Other expenses (24a–d)Ln 24	$201K	$199K	$2K
All other expensesLn 24e	$18K	$17K	$881
Total functional expensesLn 25	$3.0M	$3.0M	$22K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$3.4M	$5.3M	−$1.9M	$3.7M	990 PDF
FY2024	$2.9M	$4.1M	−$1.3M	$5.6M	990 PDF
FY2023 Viewing	$2.8M	$3.0M	−$206K	$6.8M	990 PDF
FY2022	$7.9M	$4.6M	$3.2M	$7.0M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2023 990 (6 parts)

Part I · Summary $2,843,711 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,065,084$150,239

I-9 Program service revenuePrior year $6,828,487$2,328,184

I-10 Investment incomePrior year $0$365,288

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $7,893,571$2,843,711

I-13 Grants and similar amounts paidPrior year $1,251,276$165,854

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $640,908$602,650

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $2,753,934$2,281,184

I-18 Total expensesPrior year $4,646,118$3,049,688

I-19 Revenue less expensesPrior year $3,247,453−$205,977

Part VI · Governance 11 of 11 board members independent, 3 to look at

VI-1a Voting members of the governing body11

VI-1b Independent voting members11

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $2,843,711 across 5 lines filed

VIII-1f All other contributions, gifts and grants$150,239

VIII-1h Total contributions, gifts and grants$150,239

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,328,184$2,328,184

VIII-7 Net gain or loss on sales of assetsRelated to mission $365,288$365,288

VIII-12 Total revenueRelated to mission $2,693,472 · Unrelated business $0 · Excluded from tax $0$2,843,711

Part IX · Statement of functional expenses $3,049,688 across 11 lines filed

IX-1 Grants to domestic organizationsPrograms $165,854$165,854

IX-7 Other salaries and wagesPrograms $427,166$427,166

IX-9 Other employee benefitsPrograms $86,705$86,705

IX-10 Payroll taxesPrograms $88,779$88,779

IX-11c Accounting feesPrograms $13,952 · Management $3,550$17,502

IX-11g Other fees for servicesPrograms $1,871,192$1,871,192

IX-16 OccupancyPrograms $105,680 · Management $14,714$120,394

IX-17 TravelPrograms $32,285$32,285

IX-19 Conferences, conventions and meetingsPrograms $20,948$20,948

IX-24 Other expenses (24a–d)Programs $198,843 · Management $2,463$201,306

IX-24e All other expensesPrograms $16,676 · Management $881$17,557

IX-25 Total functional expensesPrograms $3,028,080 · Management $21,608 · Fundraising $0$3,049,688

Part X · Balance sheet $10,511,777 assets, 15 lines filed

Asset lines not itemized here account for $1,518,417; see the IRS return.

X-1 Cash, non-interest-bearingStart of year $4,681,900$3,446,624

X-4 Accounts receivableStart of year $4,571,149$5,042,064

X-9 Prepaid expenses and deferred chargesStart of year $3,074$41,077

X-10c Land, buildings and equipment, netStart of year $92,831$87,767

X-12 Other securitiesStart of year $75,010$74,960

X-15 Other assetsStart of year $52,338$300,868

X-16 Total assetsStart of year $10,384,591$10,511,777

X-17 Accounts payable and accrued expensesStart of year $72,017$58,875

X-19 Deferred revenueStart of year $138,335$138,335

X-25 Other liabilitiesStart of year $3,137,033$3,198,340

X-26 Total liabilitiesStart of year $3,363,551$3,696,716

X-27 Net assets without donor restrictionsStart of year −$121,461$5,689,306

X-28 Net assets with donor restrictionsStart of year $7,142,501$1,125,755

X-32 Total net assets or fund balancesStart of year $7,021,040$6,815,061

X-33 Total liabilities and net assetsStart of year $10,384,591$10,511,777

Part XI · Reconciliation of net assets $6,815,061 net assets at year end

XI-1 Total revenue$2,843,711

XI-2 Total expenses$3,049,688

XI-3 Revenue less expenses−$205,977

XI-4 Net assets at start of year$7,021,040

XI-9 Other changes in net assets−$2

XI-10 Net assets at end of year$6,815,061

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Ahi Development INC FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Ahi Development INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV