Affordable Housing Connections
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $2.3 million
- Spending
- $2.1 million
- Spent on programs
- 81%
- Reserves
- 14.8 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 13
- Volunteers
- 11
- Highest pay
- $213,895, executive di
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 88% of charities in its peer group (housing, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 14.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
15 of 1581% of spending went to programs.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 42% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $1.7 million spent. COMPLIANCE MONITORING: AHC PROVIDES DUE DILIGENCE REPORTS FOR: 1.LOCAL ALLOCATORS OF 4% REVENUE BONDS FOR LOW INCOME HOUSING TAX CREDITS (LIHTC) AND 9% LIHTC CREDITS. 2.HOME PROGRAM PARTICIPATING JURISDICTIONS (PJ). 3.FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) AFFORDABLE HOUSING PROGRAM (AHP). 4.LOCAL INCLUSIONARY HOUSING PROGRAMS. 5.OTHER FEDERALLY REGULATED HOUSING PROGRAMS. WORK INCLUDES SUCH ACTIVITIES AS REVIEW OF OWNER'S ANNUAL COMPLIANCE REPORTS, RANDOMLY SELECTED TENANT FILES AND PHYSICAL INSPECTION OF PROPERTY, COMMON AREA AND SELECTED UNIT INTERIORS. AHC COMPLIANCE WORKLOAD INCLUDED 491 PROJECTS TOTALING 40,072 UNITS DURING CALENDAR YEAR 2025. COMPLIANCE MONITORING: AHC PROVIDES DUE DILIGENCE REPORTS FOR: 1.LOCAL ALLOCATORS OF 4% REVENUE BONDS FOR LOW INCOME HOUSING TAX CREDITS (LIHTC) AND 9% LIHTC CREDITS. 2.HOME PROGRAM PARTICIPATING JURISDICTIONS (PJ). 3.FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) AFFORDABLE HOUSING PROGRAM (AHP). 4.LOCAL INCLUSIONARY HOUSING PROGRAMS. 5.OTHER FEDERALLY REGULATED HOUSING PROGRAMS. WORK INCLUDES SUCH ACTIVITIES AS REVIEW OF OWNER'S ANNUAL COMPLIANCE REPORTS, RANDOMLY SELECTED TENANT FILES AND PHYSICAL INSPECTION OF PROPERTY, COMMON AREA AND SELECTED UNIT INTERIORS. AHC COMPLIANCE WORKLOAD INCLUDED 491 PROJECTS TOTALING 40,072 UNITS DURING CALENDAR YEAR 2025.
- $36,718 spent. 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. 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.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.