Affordable Housing Connections Inc

Nonprofit profile at a glance

EIN
411680329
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Saint Paul, MN, USA
Phone
6512228319
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing, Shelter N.E.C.

Official website

Reported finances

Revenue
$2,337,552
Expenses
$2,139,556
Assets
$2,645,415
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Highest reported compensation

  • LYN BURTON (EXECUTIVE DI): $213,895 total reported compensation
  • BRYAN HARTMAN (HOUSING ASST): $140,310 total reported compensation
  • JESSICA HARRIS (CFO): $139,449 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We deliver monitoring and consulting services to governmental organizations, property owners and managers; and education to individuals who aspire to leadership in the affordable housing industry. Our mission is to protect the investment of private equity and tax dollars and to ensure continued quality affordable housing.

What it reported doing in 2025

Education and leadership: through its subsidiary education and leadership center, llc, ahc conducts training sessions to educate property managers, site managers, compliance officers, and owners of income or rent-restricted housing projects. Education is delivered in person or live-zoom in the form of tested certification courses or technical continuing education classes. Training focuses on program compliance related to hud and IRS regulations, policies, and procedures. Ahc conducted 33 program technical training sessions with total attendance by 591 individuals. Ahc conducted eight online sessions about federal, state, and local fair housing requirements reaching 180 individuals in the 7-county twin cities metro area. Ahc developed a training manual and a series of online, on-demand courses to educate owners and managers about the city of minneapolis inclusionary housing program. In collaboration with hamline university (center for public administration and leadership), conducted a two course graduate school level leadership in affordable housing certificate program. 10 students completed the certificate program in 2025. The elc also administered funds from donations and board-designated operating funds and awarded financial aid to hamline university on behalf of students who met the requirements.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 81
  • Accountability: 86
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.5%; rating input score 74
  • Program expense ratio: 81%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 8.5%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 1.24; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 40.4%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 8.4% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 8.5% per year; rating input score 100; 60th percentile among comparable filings
  • Asset growth: 12.6% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 73.5% of revenue deployed · 81% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.7M in reported program spending
  • Leadership: top reported pay $214K · 17 people listed · 4 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes grants and executive pay
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Review — Sustainability: Operating margin scored 52/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.