Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1976.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
88 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
60 people listed on the 990; $6.7M paid to officers and key staff.
Paul Bernard’s $347K as President & CEO is at the 85th percentile of top reported officer pay among 676 $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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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
Builds and preserves affordable housing for low- and moderate-income families while providing educational, financial, and wellness programs to help residents thrive.
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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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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $32.0M | $37.4M | −$5.4M | $127.1M | 990 PDF |
| FY2023 | $37.8M | $36.9M | $912K | $133.6M | 990 PDF |
| FY2022 Viewing | $34.7M | $36.3M | −$1.6M | $133.6M | 990 PDF |
| FY2021 | $42.1M | $36.7M | $5.4M | $132.9M | 990 PDF |
| FY2020 | $33.4M | $29.3M | $4.1M | $119.5M | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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