Nonprofit · EIN 47-7282311
AFFORDABLE HOUSING TR
Tax-exempt · CHARLESTON, SC 29403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $188,794 | $102,867 | $85,927 | $1,224,416 | $0 | $1,224,416 |
| December 31, 2023 | 990 | $135,065 | $700 | $134,365 | $1,138,489 | $0 | $1,138,489 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $129,880
- Program service revenue
- $0
- Investment income
- $58,914
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $102,139
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $102,867
Balance sheet and other
- Total assets, start of year
- $1,138,489
- Total assets, end of year
- $1,224,416
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,224,416
- Net assets without donor restrictions
- $1,224,416
- Gross receipts
- $188,794
- Employees
- 0
- Year formed
- 2015
- State of legal domicile
- SC
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ARTHUR MILLIGAN JR | VICE PRES., Trustee or director, Officer | 1 | $0 | $172,373 |
| PETER SHERMAN | TREASURER, W Trustee or director, Officer | 1 | $0 | $127,608 |
| PRISCILLA WARING | SECRETARY, W Trustee or director, Officer | 1 | $0 | $54,595 |
| COURTNEY N BRACK | CHAIRMAN, WE Trustee or director, Officer | 1 | $0 | $0 |
| DONALD J CAMERON | PRESIDENT, W Trustee or director, Officer | 1 | $0 | $0 |
| EDWARD KRONSBERG | DIRECTOR, WE Trustee or director | 1 | $0 | $0 |
| EMMANUEL FERGUSON SR | DIRECTOR, WE Trustee or director | 1 | $0 | $0 |
| GREG VOIGHT | DIRECTOR, WE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ARTHUR MILLIGAN JR | VICE PRES., Trustee or director, Officer | 1 | $0 | $176,962 |
| PETER SHERMAN | TREASURER, W Trustee or director, Officer | 1 | $0 | $145,573 |
| PRISCILLA WARING | SECRETARY, W Trustee or director, Officer | 1 | $0 | $71,429 |
| COURTNEY N BRACK | CHAIRMAN, WE Trustee or director, Officer | 1 | $0 | $0 |
| DONALD J CAMERON | PRESIDENT, W Trustee or director, Officer | 1 | $0 | $0 |
| EDWARD KRONSBERG | DIRECTOR, WE Trustee or director | 1 | $0 | $0 |
| EMMANUEL FERGUSON SR | DIRECTOR, WE Trustee or director | 1 | $0 | $0 |
| GREG VOIGHT | DIRECTOR, WE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 550 MEETING ST, CHARLESTON, SC 29403-5068
- In care of
- % WEH INCORPORATED TTEE
- Mailing address (990-N for 2017)
- 550 Meeting Street, Charleston SC 29403
- Principal officer (990 for 2024)
- ARTHUR MILLIGAN JR, 550 MEETING STREET, CHARLESTON, SC 29403
- Signed the 990
- ARTHUR MILLIGAN JR, VICE PRES., WEH INC.
- Phone
- (843) 720-3167
- Website
- HTTPS://WWW.CHACITY.ORG/
- Return prepared by
- HARLAND & MAY PC
Mission
THE AFFORDABLE HOUSING TRUST WAS ESTABLISHED TO MAINTAIN TARGET RENTAL RATES FOR UNITS AT THE WILLIAMS TERRACE APARTMENTS FOR PERSONS AND FAMILIES OF LOW TO MODERATE INCOMES AND ASSISTING IN THE PAYMENT OF COSTS OR OPERATION, MAINTENANCE, REPAIRS, REPLACEMENTS, AND IMPROVEMENTS TO THE AFFORDABLE RENTAL UNITS WITHIN WILLIAMS TERRACE.
Program accomplishments
- THE TRUST IS FUNDED BY TRANSFER FEES OF NOT LESS THAN 1% OF THE GROSS SALES PRICE ON ALL SALES OR CONVEYANCES OF SPECIFIC NEIGHBORING PROPERTIES. THE FUNDS ARE THEN MANAGED BY TRUSTEE, WEH INC., AND WILL BE USED WHEN NEEDED TO FUND COSTS OF THE AFFORDABLE RENTAL UNITS WITHIN WILLIAMS TERRACE.Expenses $102,867 · grants $102,139 · revenue $129,880
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 | Not 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
- 47-7282311
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $1,224,416
- Income (IRS master file)
- $188,794
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $188,794 | $102,867 | $1,224,416 | XML |
| 990 | December 2023 | $135,065 | $700 | $1,138,489 | XML |
| 990 | December 2022 | $100,746 | $999 | $1,004,124 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-7282311).
Questions about AFFORDABLE HOUSING TR
- What is the EIN of AFFORDABLE HOUSING TR?
- The employer identification number (EIN) of AFFORDABLE HOUSING TR is 47-7282311.
- Is AFFORDABLE HOUSING TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to AFFORDABLE HOUSING TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AFFORDABLE HOUSING TR 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 TR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AFFORDABLE HOUSING TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AFFORDABLE HOUSING TR?
- The 990 for the year ended December 31, 2024 names ARTHUR MILLIGAN JR.
- Who are the officers and directors of AFFORDABLE HOUSING TR?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does AFFORDABLE HOUSING TR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $188,794, expenses of $102,867 and total assets of $1,224,416 at year end.
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All nonprofits in CHARLESTON · South Carolina · Housing and shelter