Nonprofit · EIN 39-1906153
AFFORDABLE HOUSING DEVELOPMENT FUND INC
Tax-exempt · ROCKFORD, IL 61107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $16,990,344 | $19,262,550 | -$2,272,206 | $102,439,335 | $76,462,829 | $25,976,506 |
| December 31, 2024 | 990 | $12,595,821 | $15,414,277 | -$2,818,456 | $97,618,296 | $75,558,630 | $22,059,666 |
| December 31, 2023 | 990 | $13,826,247 | $12,991,674 | $834,573 | $92,633,968 | $68,244,760 | $24,389,208 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $18,796,352
- Investment income
- -$1,951,404
- Net gain from sales of assets
- -$1,951,404
- Other revenue
- $145,396
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,000
- Salaries, compensation and benefits (total)
- $72,000
- Professional fundraising fees
- $0
- Depreciation
- $3,586,358
- Program services (functional)
- $12,894,377
- Management and general (functional)
- $6,368,173
Balance sheet and other
- Total assets, start of year
- $97,618,296
- Total assets, end of year
- $102,439,335
- Total liabilities, end of year
- $76,462,829
- Net assets, end of year
- $25,976,506
- Land, buildings and equipment
- $50,375,957
- Net assets without donor restrictions
- $25,976,506
- Gross receipts
- $24,753,720
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1997
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PERRY HARENDA | DIRECTOR PROPERTY MGMT - P Highest-paid employee | 1 | $0 | $325,080 |
| THOMAS VAN VLEET | DIR. & PRES. Trustee or director, Officer | 2 | $32,000 | $0 |
| JACK AHRENS | DIR., VP, & TREASURER Trustee or director, Officer | 1 | $20,000 | $0 |
| JOHN CONSTANTINE | DIR. & SECRETARY Trustee or director, Officer | 1 | $20,000 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PERRY HARENDA | DIRECTOR PROPERTY MGMT - P Highest-paid employee | 1 | $0 | $283,917 |
| THOMAS VAN VLEET | DIR. & PRES. Trustee or director, Officer | 2 | $24,000 | $0 |
| JACK AHRENS | DIR., VP, & TREASURER Trustee or director, Officer | 1 | $15,000 | $0 |
| JOHN CONSTANTINE | DIR. & SECRETARY Trustee or director, Officer | 1 | $15,000 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PERRY HARENDA | DIRECTOR PROPERTY MGMT - P Highest-paid employee | 1 | $0 | $327,107 |
| THOMAS VAN VLEET | DIR. & PRES. Trustee or director, Officer | 2 | $16,000 | $0 |
| JACK AHRENS | DIR., VP, & TREASURER Trustee or director, Officer | 1 | $10,000 | $0 |
| JOHN CONSTANTINE | DIR. & SECRETARY Trustee or director, Officer | 1 | $10,000 | $0 |
Address and contacts
- Address (IRS master file)
- 6735 VISTAGREEN WAY STE 310, ROCKFORD, IL 61107-5655
- In care of
- % PROFESSIONAL PROPERTY MGMT
- Principal officer (990 for 2025)
- TOM VAN VLEET, 6735 VISTAGREEN WAY, ROCKFORD, IL 61107
- Signed the 990
- TOM VAN VLEET, PRESIDENT
- Phone
- (815) 397-3755
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
THE CORPORATION'S CHARITABLE PURPOSE INCLUDES, AMONG OTHER THINGS, OWNERSHIP, DEVELOPMENT, PRESERVATION AND MANAGEMENT OF AFFORDABLE, SAFE, GOOD QUALITY, WELL-MAINTAINED HOUSING COMMUNITIES.
Program accomplishments
- THE CORPORATION'S CHARITABLE PURPOSE INCLUDES, AMONG OTHER THINGS, OWNERSHIP, DEVELOPMENT, PRESERVATION AND MANAGEMENT OF AFFORDABLE, SAFE, GOOD QUALITY, WELL-MAINTAINED HOUSING COMMUNITIES.Expenses $12,894,377 · revenue $15,058,996
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1906153
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $102,439,335
- Income (IRS master file)
- $24,753,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $16,990,344 | $19,262,550 | $102,439,335 | IRS |
| 990 | December 2024 | $12,595,821 | $15,414,277 | $97,618,296 | IRS |
| 990 | December 2023 | $13,826,247 | $12,991,674 | $92,633,968 | XML |
| 990 | December 2022 | $20,676,130 | $14,596,449 | $86,242,011 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1906153).
Questions about AFFORDABLE HOUSING DEVELOPMENT FUND INC
- What is the EIN of AFFORDABLE HOUSING DEVELOPMENT FUND INC?
- The employer identification number (EIN) of AFFORDABLE HOUSING DEVELOPMENT FUND INC is 39-1906153.
- Is AFFORDABLE HOUSING DEVELOPMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to AFFORDABLE HOUSING DEVELOPMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AFFORDABLE HOUSING DEVELOPMENT FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AFFORDABLE HOUSING DEVELOPMENT FUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AFFORDABLE HOUSING DEVELOPMENT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AFFORDABLE HOUSING DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2025 names TOM VAN VLEET.
- Who are the officers and directors of AFFORDABLE HOUSING DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 3 received compensation from the organization.
- How much revenue does AFFORDABLE HOUSING DEVELOPMENT FUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $16,990,344, expenses of $19,262,550 and total assets of $102,439,335 at year end.
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