Nonprofit · EIN 51-6021992
AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE
Also known as BUSINESS MANAGER
Tax-exempt · WILMINGTON, DE 19803
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $536,147 | $500,579 | $35,568 | $19,617,173 | $14,244 | $19,602,929 |
| December 31, 2024 | 990 | $1,846,347 | $833,306 | $1,013,041 | $17,225,404 | $10,747 | $17,214,657 |
| December 31, 2023 | 990 | $18,577,746 | $6,105,934 | $12,471,812 | $18,160,559 | $381,328 | $17,779,231 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $533,980
- Net gain from sales of assets
- $12,059
- Other revenue
- $2,167
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $305,315
- Other salaries and wages
- $11,746
- Salaries, compensation and benefits (total)
- $331,984
- Professional fundraising fees
- $0
- Legal fees
- $7,988
- Accounting fees
- $51,157
- Occupancy
- $26,185
- Management and general (functional)
- $500,579
Balance sheet and other
- Total assets, start of year
- $17,225,404
- Total assets, end of year
- $19,617,173
- Total liabilities, end of year
- $14,244
- Net assets, end of year
- $19,602,929
- Publicly traded securities
- $19,539,788
- Net assets without donor restrictions
- $19,602,929
- Gross receipts
- $1,036,104
- Employees
- 2
- Volunteers
- 5
- Year formed
- 1967
- State of legal domicile
- DE
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 | Other / benefits |
|---|---|---|---|---|
| JOHN TEOLI | EXECUTIVE DIRECTOR Officer | 40 | $243,176 | $62,139 |
| JAMES MCGRATH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BARBRA ANDRISANI | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KELLI RACCA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BOB MOSCH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOSIAH R WOLCOTT ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSALYN KEESEE RA | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN TEOLI | EXECUTIVE DIRECTOR Officer | 40 | $273,957 | $56,578 |
| DIANE MANGESIAN | ADMISSIONS DIRECTOR Highest-paid employee | 40 | $101,834 | $24,073 |
| JAMES MCGRATH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BOB MOSCH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KELLY RACCA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROSALYN KEESEE RA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSIAH R WOLCOTT ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN TEOLI | EXECUTIVE DIRECTOR Officer | 40 | $582,508 | $21,223 |
| DIANE MANGESIAN | ADMISSIONS DIRECTOR Highest-paid employee | 40 | $129,683 | $4,459 |
| PHILIP J KELLER PHD | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN SCHNEEWEIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| W SCOTT WYCOFF PHD | TREAS./ASST. SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JIM FOSKETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REV PATRICIA V WALLACE - RN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHLEEN SCHELL PHD RN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN PORTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JAMES MCGRATH | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 8340, WILMINGTON, DE 19803-8340
- Principal officer (990 for 2025)
- JOHN TEOLI, PO BOX 8340, WILMINGTON, DE 19803
- Signed the 990
- JOHN TEOLI, EXECUTIVE DIRECTOR
- Phone
- (302) 654-4491
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
TO CREATE, ENHANCE OR ASSIST IN PRESERVATION OF AFFORDABLE HOUSING AND PREVENT EVICTION OR FORECLOSURE FOR INDIVIDUALS LIVING WITHIN AFFORDABLE HOUSING.
Program accomplishments
- PROVIDE GRANTS TO ASSIST IN THE CREATION, ENHANCEMENT OR PRESERVATION OF AFFORDABLE HOUSING.
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
- 51-6021992
- 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
- 1968
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L220)
- Assets (IRS master file)
- $19,617,173
- Income (IRS master file)
- $1,036,104
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $536,147 | $500,579 | $19,617,173 | IRS |
| 990 | December 2024 | $1,846,347 | $833,306 | $17,225,404 | XML |
| 990 | December 2023 | $18,577,746 | $6,105,934 | $18,160,559 | XML |
| 990 | December 2022 | $4,423,214 | $4,771,434 | $15,379,727 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 51-6021992).
Questions about AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE
- What is the EIN of AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE?
- The employer identification number (EIN) of AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE is 51-6021992.
- Is AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE 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 FOUNDATION OF GREATER DELAWARE 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 FOUNDATION OF GREATER DELAWARE 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 FOUNDATION OF GREATER DELAWARE?
- The 990 for the year ended December 31, 2025 names JOHN TEOLI.
- Who are the officers and directors of AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE?
- The 990 for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $243,176 (JOHN TEOLI, EXECUTIVE DIRECTOR).
- How much revenue does AFFORDABLE HOUSING FOUNDATION OF GREATER DELAWARE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $536,147, expenses of $500,579 and total assets of $19,617,173 at year end.
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All nonprofits in WILMINGTON · Delaware · Housing and shelter