Affordable Housing for the Carolinas
Nonprofit profile at a glance
- EIN
- 993296118
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Charlotte, NC, USA
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $134,680
- Expenses
- $129,039
- Assets
- $7,642
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Mary Hunter (Executive Director)
People named in this filing
- Mary Hunter (Executive Director)
- Nikesha Harper (Board Chair)
- Stacy Kimbrough (Board Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Helping Carolina residents overcome barriers to affordable housing and increase their quality of life by providing home inspections home repairs and homeowner education to low- and moderate-income households. The organization preserves existing affordable housing through its Ounce of Prevention program offering preventative maintenance services disaster-related repairs and safety interventions that support aging in place and reduce displacement. Our Beyond the Bricks program address social determinants of housing stability through food access youth leadership development and community engagement initiatives across North and South Carolinas.
What it reported doing in 2025
Affordable Housing For the Carolinas Ounce of Prevention program provides home inspections critical repairs and homeowner education to low and moderate income households across Mecklenburg and Iredell Counties NC and York County SC. In 2025 the program served over 520 residents through outreach and direct services including 38 home repairs 24 inspections and 7 emergency repairs with additional support for households impacted by Hurricane Helene. Approximately 80% of those served were seniors along with veterans and families at risk of displacement. Services are delivered year round and focus on identifying health and safety hazards such as moisture intrusion structural issues and deferred maintenance. Preventative interventions reduce costly emergency repairs support aging in place and preserve existing affordable housing while improving long term housing stability.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 25
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.8%; rating input score 96
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 13.6%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 95.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $129K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 20/100.