Cahec Foundation
Donations deductibleRevenue
$239k
year to 31 December 2024
Expenses
$240k
year to 31 December 2024
Total assets
$164k
$52k liabilities
Net assets
$112k
assets less liabilities
Directors and trustees
3
2.4 years on average
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
3
named in Part VII
Cahec Foundation's network
3 people2 organisationsi3 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Amy Beros | Director | 2024 | 2 yrs |
| Lamar Mowatt | Director | 2024 | 2 yrs |
| Scott Selig | Director | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Dana Boole | President | 2024 |
| Erin Griffin | Vice President and Treasurer | 2024 |
| Robert Landis | Vice President and Secretary | 2024 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Amy Beros | Director | 0.3 | $0 | ||
| Lamar Mowatt | Director | 0.3 | $0 | ||
| Scott Selig | Director | 0.3 | $0 | ||
| Dana Boole | President | 4 | $0 | $705k | $50k |
| Erin Griffin | Vice President and Treasurer | 10 | $0 | $343k | $58k |
| Robert Landis | Vice President and Secretary | 4 | $0 | $239k | $25k |
About
- Legal name
- Cahec Foundation
- EIN
- 460842173
- Address
- 7700 Falls of Neuse Rd Ste 200, Raleigh, NC, 27615-3355
- State
- North Carolina
- Mission
- Provide programs which improve the quality of life for residents in low income communities with an emphasis on youth and young adults (as filed on the Form 990)
- Activity (NTEE)
- L199 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 4 (IRS master file code)
- Formed
- 2013
- IRS ruling date
- 1 June 2013
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- SO (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedPROMOTE AFFORDABLE HOUSING AND COMMUNITiesCommunity Affordable Housing Equity CorporationRelatedHOLDS TITLE TO PROPERTYCahec Building CorporationRelatedASSIST TROUBLED CAHEC SPONSORED EQUITY FUNDSCahec Properties CorporationRelatedServes as property manager of all CMI managed propertiesCAHEC Management Inc
Longest observed on the filings
≥2years on the filingsAmy Beros
≥2years on the filingsLamar Mowatt
≥2years on the filingsScott Selig
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $164k
- Total liabilities
- $52k
- Net assets or fund balances
- $112k
- Contributions and grants received
- $239k
- Program service revenue
- $0
- Grants and similar paid out
- $203k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $239k | $240k | Deficit $559 |
As filed on the IRS Form 990. US dollars.
Grants paid
11 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Nahma | Post-Secondary Education Scholarships | $45k |
| Squared Away Response | Disaster Relief Assistance | $30k |
| Inter-Faith Food Shuttle | Food Assistance Grant | $30k |
| YMCA of Western North Carolina | Youth Leadership Initiative | $15k |
| Second Harvest Food Bank - NW NC | Food Assistance Grant | $15k |
| YMCA of Greater Louisville | Youth Leadership Initiative | $10k |
| YMCA of the Triangle Area Inc | Youth Leadership Initiative | $10k |
| Humanities Foundation | Food Assistance Grant | $10k |
| YMCA of Greater Richmond | Youth Leadership Initiative | $8k |
| YMCA of Greater Charlotte | Youth Leadership Initiative | $8k |
| Food Bank of Central Eastern North carolina | Food Assistance Grant | $5k |