Civic Intelligence

Asheville Housing Development Inc

EIN 82-3814201 • 501(c)3 • Asheville, NC

Profile

Furthering the development of affordable housing, and residents thereof, in the asheville, north carolina area for persons of low income and others as permitted by applicable federal guidelines.

PO Box 1898Asheville, NC 28802

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

2.04x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2024

Asset Growth

7th percentile

-93%

Faster asset growth than 7% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-100%

Faster revenue growth than 5% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$26,366

Down $356,048 (-93%) from 2023

Liabilities

Down

$53,797

Down $3,247 (-5.7%) from 2023

Net Assets

Down

-$27,431

Down $352,801 (-108%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $25,000 (-100%) from 2023

Expenses

Up

$54,747

Up $39,511 (+259%) from 2023

Net Income

Down

-$54,747

Down $64,511 (-661%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$400K$200K$0-$200KAssets 2019: $49,263Liabilities 2019: $02019Assets 2020: $373,751Liabilities 2020: $131,904Net Assets 2020: $241,8472020Assets 2021: $168,912Liabilities 2021: $61,791Net Assets 2021: $107,1212021Assets 2022: $138,922Liabilities 2022: $62,222Net Assets 2022: $76,7002022Assets 2023: $382,414Liabilities 2023: $57,044Net Assets 2023: $325,3702023Assets 2024: $26,366Liabilities 2024: $53,797Net Assets 2024: -$27,4312024

Highlighted filing

2024

Assets$26,366
Liabilities$53,797
Net Assets-$27,431
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2019: $50,000Expenses 2019: $2,798,963Net Income 2019: -$2,748,9632019Revenue 2020: $530,514Expenses 2020: $337,930Net Income 2020: $192,5842020Revenue 2021: $185,221Expenses 2021: $319,947Net Income 2021: -$134,7262021Revenue 2022: $0Expenses 2022: $30,126Net Income 2022: -$30,1262022Revenue 2023: $25,000Expenses 2023: $15,236Net Income 2023: $9,7642023Revenue 2024: $0Expenses 2024: $54,747Net Income 2024: -$54,7472024

Highlighted filing

2024

Revenue$0
Expenses$54,747
Net Income-$54,747
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$26,366
Liabilities
$53,797
Net assets
-$27,431
Revenue
$0
Expenses
$54,747
Net income
-$54,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.05$0.03$0.00$0.05$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.06$0.33$0.03$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.06$0.08$0.00$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.17$0.06$0.11$0.19$0.32$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.13$0.24$0.53$0.34$0.19
2019Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$2.80$2.75
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

Furthering the development of affordable housing, and residents thereof, in the asheville, north carolina area for persons of low income and others as permitted by applicable federal guidelines.

Program Services

DescriptionGrantsExpenses
IN LATE 2021, ASHEVILLE HOUSING DEVELOPMENT, INC.CONCLUDED ITS FISCAL SPONSORSHIP OF WE GIVE A SHARE, INC.AND TURNED OVER OPERATION OF THE SOUTHSIDE KITCHEN TO THATNEWLY APPROVED 501(C)(3) ENTITY. IN 2022, WE GIVE A SHARE CHANGED ITSNAME TO THE EQUAL PLATES PROJECT. WE CONTINUE TO MONITOR THEIR WORK INTHE KITCHEN, BUT HAVE FULLY HANDED OVER BOTH FISCAL AND MANAGEMENTRESPONSIBILITY.$0$54,747
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER PICKERINGBoard Chair-$0--
ROY HARRISHaca Board Member-$0--
MONIQUE PIERREFormer Secretary-$0--
RHODNEY NORMANSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Asheville Housing Development Inc
EIN
82-3814201
Phone
8282581222
Address
PO BOX 1898, ASHEVILLE, NC 28802

Signing Officer

Name
Rhodney Norman
Title
Interim CEO
Phone
8282581222
Signed
2025-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Novogradac and Company Llp
Address
1144 HOOPER AVENUE SUITE 203, TOMS RIVER, NJ 08753
Preparer
Rich M Larsen
Phone
7326492800
Supplemental Narrative

Additional Explanations

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

“Description: other general expenses. Amount: 42,406. Description: office expenses. Amount: 3,054. Description: maintenance. Amount: 7,291. Description: tenant services. Amount: 1,996. Total to form 990-ez, line 16: 54,747.”

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

“Description: prior period adjustment. Amount: -298,054.”

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

“Description: due to wgas. Beg. Of year amount: 57,044. End of year amount: 48,297. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 5,500.”

Raw XML Appendix151 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHEVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028801
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IRS990EZ/MadeLoansToFromOfficersInd00
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-27431
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENNIFER PICKERING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROY HARRIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MONIQUE PIERRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RHODNEY NORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1HACA BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2FORMER SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt0-298054
IRS990EZ/OtherExpensesTotalAmt054747
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FURTHERING THE DEVELOPMENT OF AFFORDABLE HOUSING, AND RESIDENTS THEREOF, IN THE ASHEVILLE, NORTH CAROLINA AREA FOR PERSONS OF LOW INCOME AND OTHERS AS PERMITTED BY APPLICABLE FEDERAL GUIDELINES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN LATE 2021, ASHEVILLE HOUSING DEVELOPMENT, INC.CONCLUDED ITS FISCAL SPONSORSHIP OF WE GIVE A SHARE, INC.AND TURNED OVER OPERATION OF THE SOUTHSIDE KITCHEN TO THATNEWLY APPROVED 501(C)(3) ENTITY. IN 2022, WE GIVE A SHARE CHANGED ITSNAME TO THE EQUAL PLATES PROJECT. WE CONTINUE TO MONITOR THEIR WORK INTHE KITCHEN, BUT HAVE FULLY HANDED OVER BOTH FISCAL AND MANAGEMENTRESPONSIBILITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0250000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0250000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0527889
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0738110
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07625
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07625
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OTHER GENERAL EXPENSES. AMOUNT: 42,406. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,054. DESCRIPTION: MAINTENANCE. AMOUNT: 7,291. DESCRIPTION: TENANT SERVICES. AMOUNT: 1,996. TOTAL TO FORM 990-EZ, LINE 16: 54,747.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: -298,054.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO WGAS. BEG. OF YEAR AMOUNT: 57,044. END OF YEAR AMOUNT: 48,297. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RHODNEY NORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INTERIM CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08282581222
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASHEVILLE HOUSING DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0ASHE
ReturnHeader/Filer/EIN0823814201
ReturnHeader/Filer/PhoneNum08282581222
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1898
ReturnHeader/Filer/USAddress/CityNm0ASHEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028802
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943108253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOGRADAC AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01144 HOOPER AVENUE SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TOMS RIVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008753
ReturnHeader/PreparerPersonGrp/PhoneNum07326492800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICH M LARSEN
ReturnHeader/ReturnTs02025-11-07T09:21:22-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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