2024-06-27T12:39:54-05:00 2023-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2023-01-01 223159643 Affordable Housing Education & Development Inc AFFO 6034441377 262 Cottage Street Littleton NH 03561 Harrison Kanzler Executive Director 6034441377 2024-06-10 1 Harrison Kanzler 999009999 1 Melissa Magoon CPA P01712842 2077752387 2024-06-10 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Susan Retz 262 Cottage Street Littleton NH 03561 3699406 0 X www.homesahead.org X 1991 NH AHEAD creates pathways to safe, affordable housing which strengthens and revitalizes rural communities. 10 10 43 13 0 0 816266 1491271 1951074 2083700 7159 26751 21040 -14230 2795539 3587492 39894 22052 0 0 1896097 2196899 0 0 23375 915670 1047418 2851661 3266369 -56122 321123 10271285 10668210 2752766 2736580 7518519 7931630 X The primary purpose of Affordable Housing, Education and Development (AHEAD) Inc. (the "Corporation") is to provide opportunities for decent, safe, sanitary, affordable housing to the region's lower income people through comprehensive, cooperative programs which use community resources and emphasize education, personal initiative, democratic values, and economic empowerment. To provide opportunities to strengthen the standard of living for all community residents through retention, expansion, attraction of jobs, outreach programs and business development projects. The Corporation will be a membership-based entity. 0 0 1828676 2083700 Property Management - AHEAD owns and manages a portfolio of low/moderate income rental properties in nine Northern New Hampshire communities and two Northern Vermont communities. 145516 22052 Housing Development - AHEAD acquires and rehabilitates primarily substandard rental housing into quality affordable housing, and also constructs new affordable rental housing. AHEAD intends to keep thishousing available and affordable to households at or below 80% of median income for a minimum of 20 years. 748927 Homeowner and Foreclosure Counseling - AHEAD provides education and counseling services to prepare individuals for homeownership and/or financial stability. 2723119 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 1 13 0 1 43 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Carla Allen 6034441377 262 Cottage Street Suite 116 Littleton NH 03561 Susan Retz President 0.50 2.50 X X 0 0 0 Mark Hesler Vice President 0.50 2.50 X X 0 0 0 Martha McLeod Interim Treasurer 0.50 0.50 X X 0 0 0 Fran Day Secretary 0.50 0.50 X X 0 0 0 Mark MacDonald Director 0.50 0.50 X 0 0 0 Bridget Freudenberger Director 0.50 0.50 X 0 0 0 Benjamin Tilton Director 0.50 0.50 X 0 0 0 Erica Antonucci Director 0.50 0.50 X 0 0 0 Kaela Tavares Director 0.50 0.50 X 0 0 0 Jordan Applewhite Director 0.50 0.50 X 0 0 0 Christine Jessen Past Treasurer 0.50 2.50 X X 0 0 0 Barbara Ashley Past Director 0.50 0.50 X 0 0 0 Harrison Kanzler Executive Director 20.00 22.50 X 109667 0 0 109667 0 0 1 0 0 0 0 34805 1456466 220000 1491271 Fees for Services 513110 1798322 1798322 Rental Income 531110 260221 260221 Other Income 531110 25157 25157 2083700 18108 18108 102874 94231 8643 8643 8643 3453 34805 17683 -14230 -14230 3587492 2083700 0 12521 16000 16000 6052 6052 109667 109667 1568209 1444603 110702 12904 64500 55794 8208 498 331191 326904 4287 123332 105480 16837 1015 2201 2201 72084 8744 63340 74882 5382 69445 55 19087 11080 7110 897 144363 119845 20799 3719 59533 41538 17995 192374 161310 31064 80279 78457 1822 38557 27084 11473 78527 41801 36726 58454 54985 3469 32194 23067 9127 Grant Recapture 169000 169000 Other 14583 12492 2091 Bad Debt 7622 7622 Equipment Lease 3678 3678 3266369 2723119 519875 23375 X 399887 379386 265909 221969 101670 24960 491270 719534 4384565 4459355 41050 29150 3054777 1576771 1261178 1478006 873446 960862 801245 801245 393968 338384 1257097 1255359 10271285 10668210 159584 209010 2640 3158 1928957 2172308 661585 352104 2752766 2736580 X 6894164 7242141 624355 689489 7518519 7931630 10271285 10668210 321123 91988 0 X 0 1 X 1 1 1 X 655933 1293960 1017490 816266 1491271 5274920 1409980 1736480 2380064 1951074 2083700 9561298 2065913 3030440 3397554 2767340 3574971 14836218 0 816725 672018 1169284 823490 815902 4297419 816725 672018 1169284 823490 815902 4297419 10538799 15979 8001 9842 11679 18108 63609 15979 8001 9842 11679 18108 63609 9600 9600 30000 30000 2091492 3038441 3407396 2809019 3593079 14939427 0.70540 0.67610 0.00430 0.00370 X Schedule A, Part III, Line 12, Explanation of Other Income: Forgiveness of Debt - 2022 Amount: $ 30,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 384156 384156 2197938 1161508 1036430 220863 206063 14800 251820 209200 42620 1478006 Investment in Low-Income Housing Partnerships 801245 C 801245 Advances- Related Parties 578799 Development Fees Receivable 624431 Beneficial Interest in Perpetual Trust 43462 Tenant Security Deposits 8667 1255359 Tenant Security Deposits 8667 Lease Liability 343437 352104 Annual Dinner 38258 34805 3453 3926 10809 2948 38258 34805 3453 3926 10809 2948 17683 -14230 1 Lisbon Inn C/O AHEAD 262 Cottage Street Littleton NH 03561 030276598 10000 0 Exterior Painting AHEAD Qtr 262 Cottage Street Littleton NH 03561 464378899 501(c)(3) 6000 0 Energy Audit 1 1 Financial Assistance to Individuals 19 6052 Part I, Line 2: The Organization makes grants to related entities and therefore has oversight over the use of grant funds by each entity. X 1 220000 Appraisal 0 0 0 0 Form 990, Part VI, Section B, line 11b Reviewed by Finance Committee and Treasurer prior to filing. Form 990, Part VI, Section B, line 12c Compliance with the conflict of interest policy is discussed at a board meeting. All board members are given the conflict of interest forms to sign. If this changed during the year, forms would be updated prior to start of business with them. Form 990, Part VI, Section B, line 15 AHEAD participates in various surveys regarding compensation for non-profits in order to obtain this information to make sure we are compensating appropriately. The Executive Director is reviewed by the Board. Senior staff is reviewed by the Executive Director. Budgets for salary increases are approved by the Board yearly. Form 990, Part VI, Section C, line 19 Upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Affordable Housing, Education & Development, Inc. 262 Cottage Street Littleton, NH 03561 EIN: 22-3159643 Affordable Housing, Education & Development, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Better Homes AHEAD 262 Main Street Littleton NH 03561 464279587 Sale of Manufactured and Modular Homes NH 0 44 Affordable Housing Education & Development Inc Lisbon Renewal Limited Partnership 262 Cottage Street Littleton NH 03561 550851935 Rental Low-Income Housing NH 184310 1217482 Affordable Housing Education & Development Inc Beattie House Inc 262 Cottage Street Littleton NH 03561 830424723 Rental low-income housing NH 501(c)(3) Line 10 Affordable Housing Education & Development Inc 1 Littleton Town & Country Family Housing Inc 262 Cottage Street Littleton NH 03561 270836646 Rental low-income housing NH 501(c)(3) Line 10 Affordable Housing Education & Development Inc 1 Groveton Housing Corporation 262 Cottage Street Littleton NH 03561 222540933 Rental low-income housing NH 501(c)(3) Line 10 Affordable Housing Education & Development Inc 1 Northern Lights Housing Corporation 262 Cottage Street Littleton NH 03561 030272205 Rental low-income housing NH 501(c)(3) Line 10 Affordable Housing Education & Development Inc 1 AHEAD Qtr Inc 262 Cottage Street Littleton NH 03561 464378899 Rental commercial property NH 501(c)(2) Affordable Housing Education & Development Inc 1 Littleton South-West Limited Partnership 262 Cottage Street Littleton NH 03561 020494421 Rental low-income housing NH Upper Grafton Housing Corporation Related -15628 148677 1 1 1.00000 Ammonoosuc Green Limited Partnership 262 Cottage Street Littleton NH 03561 020507644 Rental low-income housing NH Upper Grafton Housing Corporation Related 8046 2096487 0 1 1.00000 Woodsville Maple-Walnut Limited Partnership 262 Cottage Street Littleton NH 03561 020505028 Rental low-income housing NH Upper Grafton Housing Corporation Related -50298 360748 1 1 1.00000 Bethlehem-Pine Manor Limited Partnership 262 Cottage Street Littleton NH 03561 020485485 Rental low-income housing NH Upper Grafton Housing Corporation Related -9228 121803 0 1 1.00000 Lisbon Inn Company 262 Cottage Street Littleton NH 03561 030276598 Rental low-income housing NH Northern Housing Development Corporation Related -103085 1590593 1 1 1.00000 Woodsville Opera Block Limited Partnership 262 Cottage Street Littleton NH 03561 274445703 Rental low-income housing NH Cached Inc Related -6 371 0 1 0.00010 McKee Inn Limited Partnership 262 Cottage Street Littleton NH 03561 274445578 Rental low-income housing NH Cached Inc Related -4 275 0 1 0.00010 Littleton Town & Country Limited Partnership 262 Cottage Street Littleton NH 03561 263725601 Rental low-income housing NH Upper Grafton Housing Corporation Related -16 401 0 1 0.00010 Senior Living at Notre Dame Limited Partnership 262 Cottage Street Littleton NH 03561 462701829 Rental low-income housing NH Upper Grafton Housing Corporation Related -17 607 0 1 0.00010 Community Living at Lloyd's Hills Limited Partnership 262 Cottage Street Littleton NH 03561 472022104 Rental low-income housing NH Upper Grafton Housing Corporation Related -40 976 0 1 0.00010 Peeling Village at Gordon Pond LP 262 Cottage Street Littleton NH 03561 832499993 Rental low-income housing NH Upper Grafton Housing Corporation Related 631391 0 1 1.00000 Upper Grafton Housing Corporation 262 Cottage Street Littleton NH 03561 020494422 Rental low-income housing NH Affordable Housing Education & Development Inc C -186 1.00000 1 NHDC Inc 262 Cottage Street Littleton NH 03561 030275342 Rental low-income housing NH Affordable Housing Education & Development Inc C -918 -4246 1.00000 1 Northern New Hampshire Housing Corporation 262 Cottage Street Littleton NH 03561 020498982 Rental low-income housing NH Affordable Housing Education & Development Inc C 1.00000 1 Cached Inc 262 Cottage Street Littleton NH 03561 823826155 Rental low-income housing NH Affordable Housing Education & Development Inc C -8 0.79000 1 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 Beattie House Inc L 76550 Actual Amount Northern Lights Housing Corporation L 239172 Actual Amount Littleton Town & Country Family Housing Corp L 60684 Actual Amount Lisbon Inn Company LP L 87972 Actual Amount McKee Inn Limited Partnership L 107796 Actual Amount Woodsville Opera Block Limited Partnership L 128420 Actual Amount Senior Living at Notre Dame Limited Partnership L 141848 Actual Amount Littleton Town & Country Limited Partnership L 59649 Actual Amount Community Living at Lloyd's Hills Limited Partnership L 69090 Actual Amount AHEAD Qtr Inc L 190607 Actual Amount AHEAD Qtr Inc D 518984 Promissory Note Community Living at Lloyd's Hills Limited Partnership D 900260 Promissory Note Beattie House Inc D 184000 Promissory Note Littleton Town & Country Family Housing Corp D 261579 Promissory Note Lisbon Inn Company LP D 244012 Promissory Note McKee Inn Limited Partnership D 210217 Promissory Note Woodsville Opera Block Limited Partnership D 1093624 Promissory Note Senior Living at Notre Dame Limited Partnership D 638568 Promissory Note Littleton Town & Country Limited Partnership D 358023 Promissory Note Littleton South-West Limited Partnership D 129454 Promissory Note Woodsville Maple-Walnut Limited Partnership D 182967 Promissory Note