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Cahec Management Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843628117 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Cahec Management Inc?

Cahec Management Inc is a North Carolina-based nonprofit organization located at 7700 Falls of Neuse Road 200, Raleigh, NC, 27615. With a workforce of 629 employees, they dedicate their efforts to fostering and supporting decent, safe, and sanitary housing for low-income individuals by managing properties for low-income housing projects. As a property management company, Cahec Management Inc plays a vital role in ensuring the well-being of residents in need.


Official website here: www.cahecmanagement.com

Is Cahec Management Inc legitimate?

Cahec Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cahec Management Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,176,928
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cahecmanagement.com

What is the mission statement of Cahec Management Inc?

Cahec Management Inc plays a crucial role in ensuring decent, safe, and sanitary housing for low-income individuals. Through its property management services, it fosters communities that prioritize the well-being of their residents. The organization's mission is to support the housing needs of low-income populations, enhancing their living conditions and overall quality of life. By managing low-income housing projects, Cahec Management Inc contributes significantly to the provision of essential shelter for those in need. Their commitment to maintaining and improving the living standards of their residents is a cornerstone of their mission.


Official website here: www.cahecmanagement.com

Who is the CEO of Cahec Management Inc?

Dana Boole is the President of Cahec Management Inc.


Official website here: www.cahecmanagement.com

What is the revenue of Cahec Management Inc?

Cahec Management Inc's revenue in 2022 was $27,750,429.


Official website here: www.cahecmanagement.com

Who are the executives of Cahec Management Inc and what are their salaries?

The average compensation at Cahec Management Inc during 2022 was $3,461. There are 629 employees at Cahec Management Inc.


Here are 9 key members and their salaries:


Dana Boole (President)
  • Compensation: $0
  • Related: $623,532
  • Other: $43,285
Erin A Griffin (Secretary And Treasurer)
  • Compensation: $0
  • Related: $292,211
  • Other: $25,392
Robert Landis (Assistant Secretary)
  • Compensation: $0
  • Related: $301,612
  • Other: $31,562
Rene Sturgis (Vp Property Manager)
  • Compensation: $119,275
  • Related: $0
  • Other: $8,982
Barbara Jaco (Vice President)
  • Compensation: $225,866
  • Related: $0
  • Other: $11,319
Matt Verboon (Finance Manager)
  • Compensation: $112,000
  • Related: $0
  • Other: $2,240
Kyle Harrelson (Manager Of Finance & Accou)
  • Compensation: $151,445
  • Related: $0
  • Other: $15,245
Cristina Tosh (Senior Accounting Manager)
  • Compensation: $89,741
  • Related: $0
  • Other: $13,960
Lisa Werdun (Vp Compliance)
  • Compensation: $99,092
  • Related: $0
  • Other: $10,169


Official website here: www.cahecmanagement.com

Where can I find the form 990 for Cahec Management Inc?

Cahec Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cahecmanagement.com

Learn more at the official website: www.cahecmanagement.com

Mission Statement of Cahec Management Inc

Cahec Management Inc, a reputable property management company, is dedicated to fostering and supporting decent, safe, and sanitary housing for low-income individuals. By expertly managing low-income communities, Cahec Management Inc plays a significant role in ensuring that residents have access to secure and clean living environments.

Through its mission, Cahec Management Inc strives to make a positive impact on the lives of those who may face challenges in securing adequate housing. By managing properties with care and commitment, the company creates an environment where low-income residents can focus on their personal growth and well-being, rather than worrying about the condition of their homes.

Cahec Management Inc's team of dedicated professionals works tirelessly to ensure that the properties under their care are well-maintained and up to standard. They believe that every person deserves a place to call home, and they are committed to providing that essential service to the community they serve. By focusing on the property management of low-income communities, Cahec Management Inc plays a crucial role in promoting stable living situations for those who need it most.

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Impact




October, 2024

Cahec Management Inc plays a crucial role in enhancing the quality of life for low-income individuals and families by providing essential property management services for low-income housing projects. Their commitment to fostering and supporting decent, safe, and sanitary housing ensures that vulnerable populations have access to reliable living conditions. By effectively managing these properties, Cahec Management not only maintains the physical integrity of the communities but also promotes a sense of stability and security for residents. This impact extends beyond mere housing; it contributes to the overall well-being and empowerment of low-income persons in Raleigh, NC, by creating environments where they can thrive.




This information is meant to be a general summary of Cahec Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$27,750,429 (2022)
Expenses
$26,124,211 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,000
  • Program Service Revenue: $27,745,429
  • Gross Receipts: $27,750,429

Assets and Liabilities:

  • Total Assets: $10,763,731
  • Total Liabilities: $6,596,893
  • Net Assets: $4,166,838

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROPERTY REIMBURSEMENT INCOME

Revenue

$16,465,123

MANAGEMENT FEES

Revenue

$10,605,328

Organization Details

Founding Year

2020

Principal Officer

Dana Boole

Main Address

7700 FALLS OF NEUSE ROAD 200, RALEIGH, NC, 27615

NTEE Category

Code: L11 - Housing

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