Ahc INC
Builds and preserves affordable housing for low- and moderate-income families while providing educational, financial, and wellness programs to help residents thrive. For fiscal year 2024 it reported $32.0M in revenue, $37.4M in expenses, and $127.1M in net assets.Pt I
- Founded
- 1975
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Arlington, VA
- Website
- www.ahcinc.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Where the work happens
Multifamily Housing Development
Ahc, inc. Takes a holistic approach to affordable housing. Ahc, inc. Creates innovative real estate DEVELOPMENT/ACQUISITION strategies and pair them with life-changing programs for residents.
Multifamily Housing Development
Ahc, inc. Takes a holistic approach to affordable housing. Ahc, inc. Creates innovative real estate DEVELOPMENT/ACQUISITION strategies and pair them with life-changing programs for residents.
Professional Services
Ahc, inc. Has an in-house division that provides mission-driven expertise and professional services. These include real estate development, asset and construction management, and administrative services that generate earned income, assess the health of our properties, work with property management companies, and support the nonprofit…
Professional Services
Ahc, inc. Has an in-house division that provides mission-driven expertise and professional services. These include real estate development, asset and construction management, and administrative services that generate earned income, assess the health of our properties, work with property management companies, and support the nonprofit…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Paul Bernard’s $347K as President & CEO is at the 85th percentile of top reported officer pay among 672 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Walter D Webdale | — | — | $277,256 | $581,982 |
| Stephen Smith | — | $220,882 | $467,832 | $519,207 |
| Carlton Miller | — | $203,441 | $342,244 | $348,896 |
| Paul Bernard | $346,604 | $224,463 | — | — |
| Michael Werner | — | — | $253,137 | $291,057 |
| Steve Yeatman | $268,397 | $275,734 | $251,908 | $258,052 |
| John Welsh | — | $206,692 | $255,558 | $271,726 |
| Alan Goldstein | $268,075 | $258,482 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 86% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 16% | — | — |
| Revenue growth | -15% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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