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ABH Development Corp

Public charityFed auditsIRS 990
Other · NEWPORT, RI · EIN 05-0343709

About

To provide affordable housing for low and moderate income persons primarily through financial and technical assistance in home ownership and rental opportunities.

Donations are tax-deductible
Category
Other
Employees
18
Volunteers
8

Financial Snapshot

FY ending 2024-09-30
Revenue
$6.2M
Expenses
$4.6M
Assets
$21.6M
Liabilities
$9.0M

Financial history

$6.2M$3.1M$0
1718192021222324
RevenueExpenses
Latest FY2024: $6.2M · Avg: $4.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$186K
ABH DEVELOPMENT CORP
Your actions

Address

50 Washington Square
Newport, RI, 02840-308

Governance

Voting board members8
Independent members8
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Permanent endowment %100.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.