Affordable Housing Developers, Inc.
Legal name: Affordable Housing Developers Inc
Nonprofit profile at a glance
- EIN
- 450448222
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Dickinson, ND, USA
- Phone
- 701-483-4545
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $1,216,865
- Expenses
- $1,268,081
- Assets
- $9,471,657
- Liabilities
- $6,604,486
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- EMILY GRAN (PRESIDENT)
Highest reported compensation
- ANDREA DIEDE (FORMER EXEC): $93,400 total reported compensation
- FANCHON DUGARM (SECRETARY/TR): $665 total reported compensation
- CHRIS KELLER (BOARD MEMBER): $665 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Affordable Housing Developers (AHDI) is dedicated to the development, preservation and management of decent, safe and affordable housing for lower income households in North Dakota. Join Our Mission to Make Housing More Accessible Executive Director Affordable Housing Developers, Inc. is seeking a motivated and experienced Executive Director to lead our nonprofit organization dedicated to the development, preservation and management of decent, safe and affordable housing in North Dakota. This leadership role oversees organizational operations, housing development initiatives, financial management, and collaboration with our Board of Directors and community partners.
What it reported doing in 2025
Affordable housing developers develops multi-family housing projects for low to moderate income households throughout North Dakota by utilizing federal, state and local grant and loan programs designed to promote housing opportunities. Ahdi may use these funds to purchase and/or rehabilitate existing affordable housing properties at risk of being lost to the affordable housing industry, or build new in areas that are in short supply of affordable housing.
Operating model
- Revenue model
- Earned-program. 85% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 94
- Accountability: 95
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.3%; rating input score 72
- Program expense ratio: 77.4%; rating input score 77
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.2%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 7.47; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.7; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 7.7%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 8.8% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 1.9% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 8.2% per year; rating input score 100; 49th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 72.3% of revenue deployed · 77.4% of spending went to programs
- Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $981K in reported program spending
- Leadership: top reported pay $93K · 9 people listed
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 6 filed related-organization links
- 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.
- High — Sustainability: Operating margin scored 21/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.