Cahec Building Corporation

Nonprofit profile at a glance

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

4 people listed

DANA BOOLE (PRESIDENT AND ASSISTANT SECRETARY): $913,340 total reported compensation
ERIN GRIFFIN (SECRETARY/TREASURER): $438,179 total reported compensation
WILLIAM MAYO (ASSISTANT SECRETARY): $435,375 total reported compensation

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

Holds title to property and maintains a building reserve.

Holding title to property on behalf of community affordable housing equity corporation, a 501(c)(3) organization.

Revenue model: Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 0%; rating input score 0; 8th percentile among comparable filings
Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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

Operating margin: 15.6%; rating input score 65; 65th percentile among comparable filings
Total-asset coverage ratio: 13.55; rating input score 92; 92nd percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
Officer compensation ratio: 175.3%; rating input score 0; 0th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 3.3% per year; rating input score 100; 38th percentile among comparable filings
Asset growth: 0.1% per year; rating input score 100; 22nd percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 0 of 4 board members independent · 4 of 9 filing controls reported
Programs: 1 filed program accomplishment · $136K in reported program spending
Leadership: top reported pay $913K · 4 people listed · 4 of 6 pay-setting controls reported
Consistency: 10 of 10 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 14 filing years from 2012 to 2025
Contacts: How to reach this organization
Related organizations: 298 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.

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