Ahc Inc in Arlington, Virginia (VA)

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Ahc Inc
Employer Identification Number (EIN)541026365
Name of OrganizationAhc Inc
In Care of NameAhc Inc
Address2230 Fairfax Dr Apt 300, Arlington, VA 22201-6618
ActivitiesLow and moderate income housing, Other housing activities
SubsectionCharitable Organization
Ruling Date08/1976
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$94,354,210
Amount of Income$15,383,324
Form 990 Revenue Amount$14,686,224
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2011: $15,383,324
This organization: 

 $15,383,324
Other organizations performing similar types of work: 

 $335,144

Assets in 2011: $94,354,210
This organization: 

 $94,354,210
Other organizations performing similar types of work: 

 $1,134,092

Expenses in 2002: $2,526,978
Ahc Inc: 

 $2,526,978
Other organizations performing similar types of work: 

 $1,087,679

Income to expenses ratio in 2002: 1.8
This organization: 

 1.8
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2002: 73.6%
Ahc Inc: 

 73.6%
Other organizations performing similar types of work: 

 85.5%

Number of employees in 2002: 22
This organization: 

 22
Other organizations performing similar types of work: 

 12

Employees paid over $50,000 in 2002: 50.0%
This organization: 

 50.0%
Other organizations performing similar types of work: 

 2.7%

Grants share in income in 2002: 39.9%
Ahc Inc: 

 39.9%
Other organizations performing similar types of work: 

 41.3%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Expenses for 2002

Functional Expenses for 2002 ($)

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2002
Total revenue$4,557,310
Contributions, gifts, grants, and similar amounts received$1,818,655
Contributions to donor advised funds
Direct public support$534,135
Indirect public support$0
Government contributions (grants)$1,284,520
Program service revenue including government fees and contracts$1,656,055
Membership dues and assessments$0
Interest on savings and temporary cash investments$672,375
Dividends and interest from securities$0
Net rental income or (loss)$117,713
Gross rents$117,713
Less: rental expenses$0
Other investment income$-55,866
Gain or (loss) from sales of assets other than inventory$328,679
Gross amount from sales of assets other than inventory$1,669,000
Less: cost or other basis and sales expenses$1,340,321
Net income or (loss) from special events and activities$13,500
Gross revenue$13,500
Less: direct expenses other than fundraising expenses$0
Gross profit or (loss) from sales of inventory$0
Gross sales of inventory, less returns and allowances$0
Less: cost of goods sold$0
Other revenue$6,199
Total expenses$2,526,978
Program services$1,860,872
Management and general$538,142
Fundraising$127,964
Payments to affiliates$0
Net assets or fund balances at end of year$17,556,785
Excess or (deficit) for the year$2,030,332
Net assets or fund balances at beginning of year$15,526,453
Other changes in net assets or fund balances$0
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$2,526,978$1,860,872$538,142$127,964
Grants paid from donor advised funds
Other grants and allocations$222,022
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$140,000$95,606$35,966$8,428
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$1,181,715$818,834$291,360$71,521
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$228,087$157,804$56,486$13,797
Payroll taxes$0$0$0$0
Professional fundraising fees$2,822$0$0$2,822
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$34,114$24,668$7,592$1,854
Telephone$17,656$12,769$3,928$959
Postage and shipping$0$0$0$0
Occupancy$73,359$50,754$18,168$4,437
Equipment rental and maintenance$10,979$7,596$2,719$664
Printing and publications$0$0$0$0
Travel$10,983$7,528$2,777$678
Conferences, conventions, and meetings$0$0$0$0
Interest$11,192$11,192$0$0
Depreciation, depletion, etc.$36,115$26,020$6,214$3,881
Other expenses not covered above$557,934$426,079$112,932$18,923
Balance Sheets
2002
Total assets$34,965,625
Cash - non-interest-bearing$0
Savings and temporary cash investments$4,243,567
Accounts receivable less allowance for doubtful accounts$461,070
Pledges receivable less allowance for doubtful accounts$0
Grants receivable$0
Receivables from current and former officers, directors, trustees, and key employees$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$10,939,412
Inventories for sale or use$0
Prepaid expenses and deferred charges$685
Investments - publicly-traded securities
Investments - other securities$0
Investments - land, buildings, and equipment less accumulated depreciation$0
Investments - other$17,090,224
Land, buildings, and equipment less accumulated depreciation$115,517
Other assets, including program-related investments$2,115,150
Total liabilities$17,408,840
Accounts payable and accrued expenses$73,436
Grants payable$0
Deferred revenue$70,770
Loans from officers, directors, trustees, and key employees$0
Tax-exempt bond liabilities$0
Mortgages and other notes payable$17,206,953
Other liabilities$57,681
Total liabilities and net assets/fund balances$34,965,625
Total net assets or fund balances$17,556,785
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2002
Total revenue$4,557,310
Total revenue, gains, and other support per audited financial statements$4,557,310
Other expenses$0
Net unrealized gains on investments$0
Donated services and use of facilities$0
Recoveries of prior year grants$0
Other$0
Other revenue$0
Investment expenses$0
Other$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2002
Total expenses$2,526,978
Total expenses and losses per audited financial statements$2,526,978
Other revenue$0
Donated services and use of facilities$0
Prior year adjustments$0
Losses$0
Other$0
Other expenses$0
Investment expenses$0
Other$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 200622
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$-4,024$1,118,767$1,623,912
Program service revenue
Program service revenue 1000000$000$0$1,656,055
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$672,375$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$0Income from mortgaged property that provides housing to low and moderate income persons to the extent the mortgage is insured by the Federal Housing Administration (section 514(c)(6)) (Note: In many cases, this would be exempt function income reportable in column (E). It would not be so in the case of a section 501(c)(5) or (6) organization, for example, that acquired the housing as an investment or as a charitable activity.)$117,713$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$-55,866
Gain or (loss) from sales of assets other than inventory000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$328,679$0
Net income or (loss) from special events000000$000$0$13,500
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenueOther activities related to real estate$-4,02400$0$10,223
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
541744087100%$-80,146$-8,182
541820967100%$0$0
541841275100%$0$0
542029967100%$-22,905$20,441
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$112,283$9,604$0
$93,727$8,672$0
$81,271$5,158$0
$76,388$4,726$0
$61,200$2,335$0
Total number of other employees paid over $50,0006
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
2001
Total$3,316,111
Gifts, grants, and contributions received$2,155,048
Membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$762,777
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$398,286
Net income from unrelated business activities not included above$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0
Other income$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$14,686,224
Contributions, Gifts, Grants and Other Similar Amounts$3,980,869
Program Service Revenue$8,735,289
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,832,470
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$137,596
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $834,696
Less: cost or other basis and sales expenses (Securities / Other)$0 / $697,100
Gain or (loss) (Securities / Other)$0 / $137,596
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$9,008,222
Compensation of current officers, directors, trustees, and key employees$1,068,605
Other salaries and wages$4,102,706
Payroll taxes$354,619
Professional fundraising services$0
Other$3,482,292
Balance Sheet (for 2011)
Total assets$94,354,210
Total liabilities$14,536,145
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$2,413,000
Unsecured notes and loans payable to unrelated third parties$0
Other$12,123,145
Total net assets or fund balances$79,818,065
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$32,519,325
Gifts, grants, contributions, and membership fees received$26,080,354
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$6,438,971
Gross receipts from related activities, etc.$41,275,049
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Jefferson County Assisted Housing Corp500 Office Park Dr Ste 300, Mountain Brk, AL 35223-2436AL1990-02$469,131,007
2Presbyterian College503 S Broad St, Clinton, SC 29325-2865SC1944-01$68,191,198
3West Side Federation For Senior Housing Inc2345 Broadway 2nd Fl, New York, NY 10024-3213NY1978-03$27,635,517
4Hope Network, Alternative Community Living Inc70 Lafayette St, Pontiac, MI 48342-2033MI1987-04$23,071,987
5Ahc Inc2230 Fairfax Dr Apt 300, Arlington, VA 22201-6618VA1976-08$15,383,324
6Self Help Enterprises8445 W Elowin Ct, Visalia, CA 93291-9262CA1965-04$13,513,804
7Foundation Communities Inc3036 S 1st Street 200, Austin, TX 78704-6352TX1990-05$12,737,792
8Habitat For Humanity International Inc, New York City Hfh111 John St Fl 23, New York, NY 10038-3109NY1987-01$12,081,898
9Habitat For Humanity International Inc, Greater Des Moines HfhPO BOX 716, Des Moines, IA 50303-0716IA1986-09$11,854,651
10Comunidad Corporation17194 Preston Rd Ste 102-39, Dallas, TX 75248-1221TX1995-09$10,590,763
11Fellowship Square Foundation Incorporated250 Exchange Pl Ste G, Herndon, VA 20170-4890VA1966-07$4,529,622
12Better Housing CoalitionPO BOX 12117, Richmond, VA 23241-0117VA1988-12$3,875,557
13Habitat For Humanity International Inc, VirginiaPO BOX 3358, Glen Allen, VA 23058-3358VA1987-01$3,598,232
14Habitat For Humanity International Inc, South Hampton Roads900 Tidewater Dr, Norfolk, VA 23504-3328VA1987-01$2,639,293
15Good Shepherd Housing And Family Services Inc8305 Richmond Hwy, Alexandria, VA 22309-2348VA1975-05$2,468,367
16National Housing And Health Care Trust Inc9605 Clarks Crossing Rd, Vienna, VA 22182-1929VA1993-04$1,350,049
17Habitat For Humanity International Inc, Hanover8177 Mechanicsville Turnpike, Mechanicsville, VA 23111-1218VA1987-01$1,317,354
18Lynchburg Neighborhood Development Foundation927 Church St, Lynchburg, VA 24504-1609VA1994-03$1,290,901
19Habitat For Humanity International Inc, Greater Lynchburg Hfh360 Alleghany Ave, Lynchburg, VA 24501-2606VA1987-01$1,088,215
20American Village Communities Inc3937 University Dr Ste C, Fairfax, VA 22030-2576VA1993-02$681,423
21Eastern Shore Of Virginia Housing AlliancePO BOX 417, Accomac, VA 23301-0417VA1981-10$479,392
22Ebenezer Non Profit Corporation1140 Chisholm Cir, Portsmouth, VA 23704-4104VA1992-05$430,858
23Habitat For Humanity International Inc, FauquierPO BOX 3189, Warrenton, VA 20188-1889VA1987-01$408,707
24Habitat For Humanity International Inc, Eastern Shore Of VirginiaPO BOX 1299, Exmore, VA 23350-1299VA1987-01$366,917
25New Horizons Foundation1256 Wind Dancer Pl, Thaxton, VA 24174-3443VA1998-05$243,514
26Covenant Place Inc517 Main St, Smithfield, VA 23430-1330VA1990-08$232,246
27Help With Housing IncPO BOX 124, Berryville, VA 22611-0124VA1989-06$180,917
28Brethren Housing Corporation8859 Sudley Rd Ste 101, Manassas, VA 20110-4745VA1989-02$138,609
29Habitat For Humanity International Inc, Amherst County HfhPO BOX 1397, Amherst, VA 24521-1397VA1987-01$118,755
30Habitat For Humanity International Inc, Hfh Of Wise CountyPO BOX 3018, Wise, VA 24293-3018VA1987-01$106,068
Number of organizations performing similar types of work
Alaska3
Alabama26
Arkansas24
Arizona22
California196
Colorado35
Connecticut24
District of Columbia19
Delaware3
Florida83
Georgia43
Hawaii12
Iowa17
Idaho3
Illinois81
Indiana43
Kansas14
Kentucky57
Louisiana26
Massachusetts81
Maryland44
Maine14
Michigan71
Minnesota47
Missouri35
Mississippi13
Montana4
North Carolina87
North Dakota3
Nebraska26
New Hampshire10
New Jersey59
New Mexico9
Nevada3
New York183
Ohio113
Oklahoma15
Oregon11
Pennsylvania106
Rhode Island14
South Carolina36
South Dakota10
Tennessee37
Texas113
Utah6
Virginia49
Vermont10
Washington28
Wisconsin42
West Virginia10
Wyoming3
International6
Total2,029
All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralAhc Inc2230 Fairfax Dr Apt 300, Arlington, VA 22201-6618VA1976-08$15,383,324
SubordinateAhc Inc, Taylor Square Housing Corporation2230 N Fairfax Dr, Arlington, VA 22201-6616VA1992-04$6,057,088
SubordinateAhc Inc, Lee Gardens Housing Corporation2230 N Fairfax Dr Ste 100, Arlington, VA 22201VA$5,880,837
SubordinateAhc Inc, Ashton Housing Corporation2230 N Fairfax Dr, Arlington, VA 22201-6616VA1992-04$3,404,706
SubordinateNorth Ashton Housing CorporationPo Box 769, Arlington, VA 22216VA1976-08$890,101
SubordinateAhc Inc, Key Gardens Housing Corporation2230 N Fairfax Dr, Arlington, VA 22201-6616VA1992-04$289,489
SubordinateAhc Inc, Jordan Manor Housing CorporationP O Box 769, Arlington, VA 22216VA1976-08$0
Number of affiliated organizations
Virginia7
Total7

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