Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
EIN 84-3536431 • 501(c)4 • Hendersonville, NC
Profile
The entity's purpose is to provide low and very low income persons with affordable housing in Hendersonville, NC. Effective 10/01/2020, the entity owns 352 units of housing that was Public Housing and is now converted under HUD's RAD program.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
6th percentile
Higher net margin than 6% of similar nonprofits.
Top Officer Pay
36th percentile
Higher top officer pay than 36% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Down$12,824,097
Down $2,320,814 (-15%) from 2023
Liabilities
Up$9,089,174
Up $286,453 (+3.3%) from 2023
Net Assets
Down$3,734,923
Down $2,607,267 (-41%) from 2023
Revenue
Down$3,740,735
Down $676,510 (-15%) from 2023
Expenses
Up$5,450,153
Up $1,464,003 (+37%) from 2023
Net Income
Down-$1,709,418
Down $2,140,513 (-497%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The entity's purpose is to provide low and very low income persons with affordable housing in Hendersonville, NC. Effective 10/01/2020, the entity owns 352 units of housing that was Public Housing and is now converted under HUD's RAD program.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $11,970,238 | $9,897,210 | ▼ $2,073,028 |
| Cash and Non-Interest-Bearing Accounts | $1,589,045 | $1,282,081 | ▼ $306,964 |
| Accounts Receivable | $54,297 | $59,037 | ▲ $4,740 |
| Inventories for Sale or Use | $27,269 | $25,468 | ▼ $1,801 |
| Prepaid Expenses and Deferred Charges | $21,838 | $25,025 | ▲ $3,187 |
| Other Notes and Loans Receivable, Net | $2,545 | $0 | ▼ $2,545 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Total Assets | $15,144,911 | $12,824,097 | ▼ $2,320,814 |
| Other Assets Total | $1,479,679 | $1,535,276 | ▲ $55,597 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $8,225,753 | $8,244,228 | ▲ $18,475 |
| Accounts Payable and Accrued Expenses | $426,476 | $679,546 | ▲ $253,070 |
| Other Liabilities | $145,090 | $155,891 | ▲ $10,801 |
| Deferred Revenue | $5,402 | $9,509 | ▲ $4,107 |
| Total Liabilities | $8,802,721 | $9,089,174 | ▲ $286,453 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $6,342,190 | $3,734,923 | ▼ $2,607,267 |
| Total Net Assets Fund Balance | $6,342,190 | $3,734,923 | ▼ $2,607,267 |
| Total Liabilities and Net Assets / Fund Balance | $15,144,911 | $12,824,097 | ▼ $2,320,814 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $8,651,154 | $13,250,315 | $21,901,469 |
| Land | $1,014,234 | - | $1,014,234 |
| Equipment | $231,822 | - | $231,822 |
| Other Assets Org | $156,214 | - | - |
| Name | Title |
|---|---|
| Ronnie Pepper | Chairman |
| Chris Denney | Director |
| Danny Williams | Director |
| Fair Waggoner | Director |
| Suzanne Sherrill | Director |
| Connie Stewart | Executive Director |
| Garry Sherrill | Vice-Chariman |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,829,595 |
| Salaries, Compensation, and Employee Benefits | $620,558 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| All Other Expenses | $963,906 | - | - | $963,906 |
| Depreciation Depletion | $631,065 | - | - | $631,065 |
| Other Salaries and Wages | $443,526 | - | - | $443,526 |
| Interest | $263,603 | - | - | $263,603 |
| Fees for Services Other | $219,273 | - | - | $219,273 |
| Other Expenses | $181,071 | - | - | $181,071 |
| Other Employee Benefits | $143,591 | - | - | $143,591 |
| Insurance | $86,516 | - | - | $86,516 |
| Office Expenses | $48,708 | - | - | $48,708 |
| Payroll Taxes | $33,441 | - | - | $33,441 |
| Fees for Services Accounting | $29,427 | - | - | $29,427 |
| Fees for Services Legal | $13,050 | - | - | $13,050 |
| Travel | $3,843 | - | - | $3,843 |
| Total Functional Expenses | $5,450,153 | $0 | $0 | $5,450,153 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Tenant/Patient Deposits held in trust | $155,891 |
“No review was or will be conducted.”
“All documents not covered by Federal or North Carolina privacy laws is available upon written request to the Executive Director.”
“Bad Debts #6370: Column (A) - Total = $132534; Column (B) - Program Services = $132534; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“Garbage & Trash Removal (6525): Column (A) - Total = $104987; Column (B) - Program Services = $104987; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“HVAC Repairs (6546): Column (A) - Total = $174498; Column (B) - Program Services = $174498; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“Maintenance materials (6515): Column (A) - Total = $165883; Column (B) - Program Services = $165883; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“MIP (6850): Column (A) - Total = $22247; Column (B) - Program Services = $22247; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“PILOT (6710: Column (A) - Total = $67693; Column (B) - Program Services = $67693; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“Security services (6530): Column (A) - Total = $50920; Column (B) - Program Services = $50920; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“Sewer #6453: Column (A) - Total = $137178; Column (B) - Program Services = $137178; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“Vehicle repairs (6570): Column (A) - Total = $13030; Column (B) - Program Services = $13030; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“Water #6451: Column (A) - Total = $94936; Column (B) - Program Services = $94936; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”
“Miscellaneous adjustment = -$316”
“See note below = -$897533”
“Per HUD Multi-family the land sale in late September 2023 should be RTS and not HAHC.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 426476 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 679546 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 54297 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 59037 |
| IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The entity's purpose is to provide low and very low income persons with affordable housing in Hendersonville, NC. Effective 10/01/2020, the entity owns 352 units of housing that was Public Housing and is now converted under HUD's RAD program. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 963906 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 963906 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Connie Stewart |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8286926175 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 203 N Justice St |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Hendersonville |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28739 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1589045 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1282081 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1502847 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 7367 |
| IRS990/CYOtherExpensesAmt | 0 | 4829595 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2230521 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1709418 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 620558 |
| IRS990/CYTotalExpensesAmt | 0 | 5450153 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3740735 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 5402 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 9509 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 631065 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 631065 |
| IRS990/Desc | 0 | Provide housing for low and very low income individuals and families under HUD's Multi-Family program. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 5450153 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 29427 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 29427 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 13050 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 13050 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 219273 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 219273 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Ronnie Pepper |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Garry Sherrill |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Danny Williams |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Fair Waggoner |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Chris Denney |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Suzanne Sherrill |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Connie Stewart |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice-Chariman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Executive Dir. |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2019 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 1502847 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 3740735 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 86516 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 86516 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 263603 |
| IRS990/InterestGrp/TotalAmt | 0 | 263603 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 27269 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 25468 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 7367 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 7367 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 13250315 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11970238 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 9897210 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 23147525 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | false |
| IRS990/MissionDesc | 0 | The entity's purpose is to provide low and very low income persons with affordable housing in Hendersonville, NC. Effective 10/01/2020, the entity owns 352 units of housing that was Public Housing and is now converted under HUD's RAD program. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 8225753 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 8244228 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 6342190 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3734923 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 6342190 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 3734923 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 48708 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 48708 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1479679 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1535276 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -897849 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 143591 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 143591 |
| IRS990/OtherExpensesGrp/Desc | 0 | Hurricane Helene Damage (7190) |
| IRS990/OtherExpensesGrp/Desc | 1 | Maintenance contracts (6520) |
| IRS990/OtherExpensesGrp/Desc | 2 | Electricity #6450 |
| IRS990/OtherExpensesGrp/Desc | 3 | Gas #6452 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1441963 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 586374 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 360796 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 181071 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1441963 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 586374 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 360796 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 181071 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 145090 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 155891 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 443526 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 443526 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 2545 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 33441 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 33441 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 21838 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 25025 |
| IRS990/PrincipalOfficerNm | 0 | Connie Stewart |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Charges to residents |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Rent from residents |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2230521 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2230521 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1339815 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 4882 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 3377022 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3072548 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 431095 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 609128 |
| IRS990/PYTotalExpensesAmt | 0 | 3986150 |
| IRS990/PYTotalRevenueAmt | 0 | 4417245 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1709418 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 8651154 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 13250315 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 21901469 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 231822 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 231822 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1014234 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1014234 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1379062 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 156214 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Restricted reserves |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | Tenant/Patient Deposits Held in Trust |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 155891 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Tenant/Patient Deposits held in trust |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 9897210 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1535276 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 155891 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | No review was or will be conducted. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | All documents not covered by Federal or North Carolina privacy laws is available upon written request to the Executive Director. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Bad Debts #6370: Column (A) - Total = $132534; Column (B) - Program Services = $132534; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Garbage & Trash Removal (6525): Column (A) - Total = $104987; Column (B) - Program Services = $104987; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | HVAC Repairs (6546): Column (A) - Total = $174498; Column (B) - Program Services = $174498; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Maintenance materials (6515): Column (A) - Total = $165883; Column (B) - Program Services = $165883; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MIP (6850): Column (A) - Total = $22247; Column (B) - Program Services = $22247; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PILOT (6710: Column (A) - Total = $67693; Column (B) - Program Services = $67693; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Security services (6530): Column (A) - Total = $50920; Column (B) - Program Services = $50920; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Sewer #6453: Column (A) - Total = $137178; Column (B) - Program Services = $137178; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Vehicle repairs (6570): Column (A) - Total = $13030; Column (B) - Program Services = $13030; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Water #6451: Column (A) - Total = $94936; Column (B) - Program Services = $94936; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Miscellaneous adjustment = -$316 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | See note below = -$897533 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Per HUD Multi-family the land sale in late September 2023 should be RTS and not HAHC. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990, Part XI, Line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990, Part XI, Line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Part XI - Line 9 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 15144911 |
| IRS990/TotalAssetsEOYAmt | 0 | 12824097 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 15144911 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 12824097 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 1502847 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 5450153 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 5450153 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 8802721 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 9089174 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 8802721 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 9089174 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 6342190 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 3734923 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 5450153 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2230521 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2237888 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3740735 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 15144911 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 12824097 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 3843 |
| IRS990/TravelGrp/TotalAmt | 0 | 3843 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 203 N Justice St |
| IRS990/USAddress/CityNm | 0 | Hendersonville |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 28739 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Connie Stewart |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Dir. |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Hendersonville Affordable Housing Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HEND |
| ReturnHeader/Filer/EIN | 0 | 843536431 |
| ReturnHeader/Filer/PhoneNum | 0 | 8285959020 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 203 N Justice St |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Hendersonville |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28739 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 853538974 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Barfield and Kinkead LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3973 Atlanta Highway Suite 800 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Loganville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30052 |
No mirrored PDF or thumbnail assets are attached yet.