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Ahc Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541026365 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

Overview

What is Ahc Inc?

Ahc Inc, founded in 1975, is a nonprofit organization headquartered in Arlington, Virginia. With a mission to create affordable housing solutions, Ahc Inc takes a holistic approach to this pressing issue. Their innovative strategies in real estate development and acquisition not only provide over 7,800 homes, primarily affordable rental units, but also extend to 53 multifamily communities in Virginia, Maryland, and the District of Columbia. This organization's commitment to its communities goes beyond just housing, as they offer a wide range of educational programs and social services through their community centers. Ahc Inc's goal is to help residents build more stable and successful lives. Their team of 103 employees is dedicated to making a difference in the northern Virginia, Washington DC, and Baltimore region.


Official website here: www.ahcinc.org

Is Ahc Inc legitimate?

Ahc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,864,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,085,941

For more financial information, click here


Official website here: www.ahcinc.org

What is the mission statement of Ahc Inc?

Ahc Inc is dedicated to constructing, maintaining, and offering affordable housing solutions for low-income families and individuals. Based on its mission, established in 1975, the organization goes beyond just providing housing. Ahc Inc develops creative real estate strategies and integrates them with impactful programs for residents. With a portfolio that includes over 7,800 homes, primarily affordable rental units, in Virginia, Maryland, and the District of Columbia, the organization's commitment extends beyond bricks and mortar. Ahc Inc's community centers offer a range of educational programs and social services, empowering residents to build more stable and successful lives. In summary, Ahc Inc's approach to affordable housing is comprehensive, combining innovative development strategies with life-enhancing programs for its residents.


Official website here: www.ahcinc.org

Who is the CEO of Ahc Inc?

Paul Bernard is the President & Ceo of Ahc Inc. The CEO's salary of Ahc Inc is $136,529 and their total compensation is $143,693.


Official website here: www.ahcinc.org

What is the revenue of Ahc Inc?

Ahc Inc's revenue in 2022 was $34,695,172.


Official website here: www.ahcinc.org

Who are the executives of Ahc Inc and what are their salaries?

The average compensation at Ahc Inc during 2022 was $86,902. There are 103 employees and 301 volunteers at Ahc Inc.

Here are 30 key members and their salaries (Ahc Inc's CEO's salary is $136,529 and their total compensation is $143,693):

    Steve Yeatman (Assistant Treasurer & Cfo) [Trustee/Director]
  • Compensation: $275,734
  • Related: $0
  • Other: $27,373

    • Alan Goldstein (Vp, Real Estate Developmen)
  • Compensation: $258,482
  • Related: $0
  • Other: $34,227

    • Paul Bernard (President & Ceo) [Trustee/Director]
  • Compensation: $224,463
  • Related: $0
  • Other: $9,516

    • John Welsh (Former Vp, Multifamily Division)
  • Compensation: $206,692
  • Related: $0
  • Other: $21,809

    • Jennifer Endo (Assistant Secretary & Vp) [Trustee/Director]
  • Compensation: $191,624
  • Related: $0
  • Other: $30,003

    • Susan Davidson (Vice President, Resident Services)
  • Compensation: $199,662
  • Related: $0
  • Other: $21,441

    • Stephen Smith (Vice President)
  • Compensation: $220,882
  • Related: $0
  • Other: $180

    • James Lowe (Former Director, Portfolio & Asset Management)
  • Compensation: $190,848
  • Related: $0
  • Other: $26,200

    • Bibi Z Kirby (Former Controller, Ahc Management)
  • Compensation: $202,732
  • Related: $0
  • Other: $11,705

    • Carlton Miller (Former Vp, Construction)
  • Compensation: $203,441
  • Related: $0
  • Other: $3,251

    • Regina Jackson (Senior Controller)
  • Compensation: $182,715
  • Related: $0
  • Other: $20,725

    • Staina Romain (Vp, Human Resources)
  • Compensation: $177,333
  • Related: $0
  • Other: $18,409

    • Marlon Moore (Vp, Construction)
  • Compensation: $163,780
  • Related: $0
  • Other: $12,444

    • Joyce Nenonene (Human Resources Manager)
  • Compensation: $137,898
  • Related: $0
  • Other: $17,924

    • Thomas Wallinga (Construction Manager)
  • Compensation: $134,278
  • Related: $0
  • Other: $18,039

    • Brian Scott (Construction Manager)
  • Compensation: $118,264
  • Related: $0
  • Other: $25,436

    • Susan Cunningham (Former President & Ceo (4/22)) [Trustee/Director]
  • Compensation: $136,529
  • Related: $0
  • Other: $7,164

    • Timothy Craft (Construction Manager)
  • Compensation: $133,008
  • Related: $0
  • Other: $8,732

    • Ginger Brown (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terron Sims (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cc Jenkins (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Majano-Arriaza (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Klanderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andargachew Legesse Wolde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mildred Mack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tedi Osias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Barsky (Former Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin C Oliver (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Pierce (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katharine Dixon (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ahcinc.org

    Where can I find the form 990 for Ahc Inc?

    The Ahc Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ahcinc.org

    Learn more at the official website: www.ahcinc.org

    Mission Statement of Ahc Inc

    Ahc Inc, a mission-driven organization founded in 1975, is dedicated to constructing, maintaining, and offering high-quality, affordable housing solutions to low and moderate-income families and individuals. Committed to enhancing communities in the Northern Virginia, Washington D.C., and Baltimore region, Ahc Inc goes beyond the mere provision of housing by offering an extensive range of educational programs and social services through their community centers.

    Ahc Inc takes a holistic approach to affordable housing by combining innovative real estate development and acquisition strategies with life-changing programs for residents. Their portfolio includes 53 multifamily communities, which provide over 7,800 homes, predominantly affordable rental units, across Virginia, Maryland, and the District of Columbia. This nonprofit organization has created a system where housing is not just a shelter but a stepping stone to more stable and successful lives for its residents.

    At the heart of Ahc Inc's efforts is a deep-rooted dedication to community improvement. By applying creative real estate strategies and pairing them with impactful programs, Ahc Inc has managed to make a significant impact on the lives of countless families. The organization's approach transcends the mere provision of housing, offering opportunities for growth and development that extend beyond the walls of their multifamily communities.

    Impact

    This information is meant to be a general summary of Ahc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ahc Inc's impact is significant in providing high-quality affordable housing to low and moderate-income families and individuals. Through their multifamily housing development approach, Ahc Inc has created innovative real estate strategies paired with life-changing programs for residents. Their portfolio includes 53 multifamily communities with over 7,800 homes, most of which are affordable rental units, in Virginia, Maryland, and the District of Columbia. Founded in 1975, Ahc Inc has been instrumental in developing affordable housing and supporting communities in Northern Virginia, Washington DC, and the Baltimore region. They also offer a wide array of educational programs and social services in their community centers to help residents build more stable and successful lives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $325,927
  • Program Service Revenue: $28,046,074
  • Gross Receipts: $34,697,515

    • Assets and Liabilities:
  • Total Assets: $323,468,241
  • Total Liabilities: $189,916,979
  • Net Assets: $133,551,262
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $17,358,972

    FEE INCOME

    Revenue

    $5,653,423

    PROGRAM INTEREST INCOME

    Revenue

    $2,909,070

    TENANT CHARGES

    Revenue

    $712,023

    MISC. INCOME

    Revenue

    $568,113

    Organization Details

    Founding Year

    1975

    Principal Officer

    Paul Bernard

    Main Address

    2230 NORTH FAIRFAX DRIVE 100, ARLINGTON, VA, 22201

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Ahc Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.