Cahec's primary mission is to raise capital to finance the development of affordable multi-family rental housing under the provisions of the federal low-income housing TAX credit program (section 42 of IRC); and make available an array of supportive service initiatives.
Donations are tax-deductible
Category
Other
Employees
62
Volunteers
0
Financial Snapshot
FY ending 2024-12-31
Revenue
$17.8M
Expenses
$17.0M
Assets
$28.3M
Liabilities
$5.2M
Financial history
$17.8M$8.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $17.8M · Avg: $12.7M
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.