Civic Intelligence

MID-Atlantic Council for Affordable Housing

EIN 56-1454634 • 501(c)6 • Wake Forest, NC

Profile

Support affordable housing market

8705 Ormand WayWake Forest, NC 27587

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.00x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.00x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-17%

Higher net margin than 24% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$28,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 27.5% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

63rd percentile

5.5%

Faster asset growth than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

43rd percentile

-2.4%

Faster revenue growth than 43% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$85,144

Up $4,452 (+5.5%) from 2023

Liabilities

Down

$98

Down $130 (-57%) from 2023

Net Assets

Up

$85,046

Up $4,582 (+5.7%) from 2023

Operations
Liabilities / Revenue52nd percentileNet Margin24th percentile

Revenue

Down

$101,914

Down $2,518 (-2.4%) from 2023

Expenses

Down

$119,015

Down $1,048 (-0.9%) from 2023

Net Income

Down

-$17,101

Down $1,470 (-9.4%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $102,355Liabilities 2011: $0Net Assets 2011: $102,3552011Assets 2012: $120,243Liabilities 2012: $6,312Net Assets 2012: $113,9312012Assets 2013: $118,251Liabilities 2013: $293Net Assets 2013: $117,9582013Assets 2014: $120,282Liabilities 2014: $313Net Assets 2014: $119,9692014Assets 2015: $112,728Liabilities 2015: $293Net Assets 2015: $112,4352015Assets 2016: $114,621Liabilities 2016: $296Net Assets 2016: $114,3252016Assets 2017: $117,428Liabilities 2017: $241Net Assets 2017: $117,1872017Assets 2018: $98,548Liabilities 2018: $119Net Assets 2018: $98,4292018Assets 2019: $94,554Liabilities 2019: $149Net Assets 2019: $94,4052019Assets 2020: $114,510Liabilities 2020: $16,692Net Assets 2020: $97,8182020Assets 2021: $101,169Liabilities 2021: $700Net Assets 2021: $100,4692021Assets 2022: $97,385Liabilities 2022: $1,290Net Assets 2022: $96,0952022Assets 2023: $80,692Liabilities 2023: $228Net Assets 2023: $80,4642023Assets 2024: $85,144Liabilities 2024: $98Net Assets 2024: $85,0462024

Highlighted filing

2024

Assets$85,144
Liabilities$98
Net Assets$85,046
Open 2024 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $76,340Expenses 2011: $68,063Net Income 2011: $8,2772011Revenue 2012: $99,599Expenses 2012: $88,023Net Income 2012: $11,5762012Revenue 2013: $79,768Expenses 2013: $75,741Net Income 2013: $4,0272013Revenue 2014: $90,707Expenses 2014: $88,696Net Income 2014: $2,0112014Revenue 2015: $100,283Expenses 2015: $107,817Net Income 2015: -$7,5342015Revenue 2016: $104,505Expenses 2016: $102,615Net Income 2016: $1,8902016Revenue 2017: $90,429Expenses 2017: $87,567Net Income 2017: $2,8622017Revenue 2018: $87,881Expenses 2018: $106,639Net Income 2018: -$18,7582018Revenue 2019: $105,145Expenses 2019: $109,169Net Income 2019: -$4,0242019Revenue 2020: $42,330Expenses 2020: $38,917Net Income 2020: $3,4132020Revenue 2021: $97,127Expenses 2021: $94,476Net Income 2021: $2,6512021Revenue 2022: $93,429Expenses 2022: $97,803Net Income 2022: -$4,3742022Revenue 2023: $104,432Expenses 2023: $120,063Net Income 2023: -$15,6312023Revenue 2024: $101,914Expenses 2024: $119,015Net Income 2024: -$17,1012024

Highlighted filing

2024

Revenue$101,914
Expenses$119,015
Net Income-$17,101
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,144
Liabilities
$98
Net assets
$85,046
Revenue
$101,914
Expenses
$119,015
Net income
-$17,101
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$1.02$1.19$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.80$1.04$1.20$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.01$0.96$0.93$0.98$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.01$1.00$0.97$0.94$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.17$0.98$0.42$0.39$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.94$1.05$1.09$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.98$0.88$1.07$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.90$0.88$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.14$1.05$1.03$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.12$1.00$1.08$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.91$0.89$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.80$0.76$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.06$1.14$1.00$0.88$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.00$1.02$0.76$0.68$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 18, 2025
Return Version
2024v5.2
Gross Receipts
$101,914
Mission and Program Overview

Mission

Support affordable housing market

Program Services

DescriptionGrantsExpenses
DISSEMINATING INFORMATION TO MEMBERS CONCERNING AFFORDABLE HOUSING - SUPPLY FORMS TO MEMBERS$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JILL M ODOMExecutive Director-$28,000-$28,000
LEE TOLERDirector-$0--
BONNIE GRAVITTEDirector-$0--
LISA POOREDirector-$0--
ALEX LAWRENCEDirector-$0--
MATT HARDEMANDirector-$0--
DONNA DOVELDirector-$0--
SUZANNE TURNERDirector-$0--
SHERRE WHITLEYDirector-$0--
JEFF HOLOMANPresident-$0--
TONIA HEDRICKSecretary/Treasurer-$0--
SHANNON POWVice President-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Mid-atlantic Council for Affordable
EIN
56-1454634
Phone
9195294937
Address
8705 ORMAND WAY, WAKE FOREST, NC 27587

Signing Officer

Name
Tonia Hedrick
Title
Secretary/treasurer
Phone
9195294937
Signed
2025-08-18
Discuss with paid preparer
Yes

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Irish Thurston
Phone
3362944494
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: investment income. Amount: 710.”

Form 990-ez, Part I, Line 7 - Sales of Inventory

“Income: gross receipts: 5,700. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 5,700.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: vcarh telecom reimbursement. Amount: 1,071. Description: other income. Amount: 3. Total to form 990-ez, line 8: 1,074.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: annual meeting and training expenses. Amount: 77,354. Description: credit card fees. Amount: 2,632. Description: supplies. Amount: 255. Description: web site. Amount: 4,143. Description: travel. Amount: 1,313. Description: office expenses. Amount: 1,442. Description: dues and subscriptions. Amount: 249. Total to form 990-ez, line 16: 87,388.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: transfer of assets - see 990-ez disclosure note. Amount: 21,683.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: sales tax payable. Beg. Of year amount: 228. End of year amount: 98.”

FORM 990-EZ DISCLOSURE:

“On august 22, 2024, the board of directors of the carolinas council for affordable housing formally approved a merger with the virginia council for affordable and rural housing. Following the merger, the organization was officially renamed the mid-atlantic council for affordable housing.”

Raw XML Appendix181 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11VICE PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INVESTMENT INCOME. AMOUNT: 710.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 5,700. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 5,700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: VCARH TELECOM REIMBURSEMENT. AMOUNT: 1,071. DESCRIPTION: OTHER INCOME. AMOUNT: 3. TOTAL TO FORM 990-EZ, LINE 8: 1,074.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ANNUAL MEETING AND TRAINING EXPENSES. AMOUNT: 77,354. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 2,632. DESCRIPTION: SUPPLIES. AMOUNT: 255. DESCRIPTION: WEB SITE. AMOUNT: 4,143. DESCRIPTION: TRAVEL. AMOUNT: 1,313. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,442. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 249. TOTAL TO FORM 990-EZ, LINE 16: 87,388.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: TRANSFER OF ASSETS - SEE 990-EZ DISCLOSURE NOTE. AMOUNT: 21,683.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: SALES TAX PAYABLE. BEG. OF YEAR AMOUNT: 228. END OF YEAR AMOUNT: 98.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ON AUGUST 22, 2024, THE BOARD OF DIRECTORS OF THE CAROLINAS COUNCIL FOR AFFORDABLE HOUSING FORMALLY APPROVED A MERGER WITH THE VIRGINIA COUNCIL FOR AFFORDABLE AND RURAL HOUSING. FOLLOWING THE MERGER, THE ORGANIZATION WAS OFFICIALLY RENAMED THE MID-ATLANTIC COUNCIL FOR AFFORDABLE HOUSING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ DISCLOSURE:
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0TONIA HEDRICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09195294937
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-18
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
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ReturnHeader/PreparerPersonGrp/PhoneNum03362944494
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0IRISH THURSTON
ReturnHeader/ReturnTs02025-08-27T01:42:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits