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Nonprofit · EIN 74-2761790

AFFORDABLE HOUSING INVESTORS COUNCIL

Tax-exempt · LEESBURG, VA 20176

Financials

$511K$594K2023$634K$552K2024$836K$624K2025
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE HOUSING INVESTORS COUNCIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$836,464$623,925$212,539$1,001,777$212,135$789,642
December 31, 2024990$633,544$552,291$81,253$671,118$94,015$577,103
December 31, 2023990$510,526$594,269-$83,743$586,494$90,644$495,850
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$825,688
Investment income
$10,776
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,500
Travel
$18,803
Program services (functional)
$528,585
Management and general (functional)
$95,340

Balance sheet and other

Total assets, start of year
$671,118
Total assets, end of year
$1,001,777
Total liabilities, end of year
$212,135
Net assets, end of year
$789,642
Net assets without donor restrictions
$789,642
Gross receipts
$836,464
Employees
0
Volunteers
75
Year formed
1995
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.

NameTitleHours / weekCompensation
VIHAR SHETHPRESIDENT
Officer
1$0
LEIGH ANN MERCHANTVICE PRESIDE
Officer
1$0
KERSTIN PALMERTREASURER
Officer
1$0
LENORE GORDONSECRETARY
Officer
1$0
NEAL DRUMMGOVERNOR
Trustee or director
1$0
AMY FARRELLGOVERNOR
Trustee or director
1$0
JACK HODGKINSGOVERNOR
Trustee or director
1$0
KEITT KINGGOVERNOR
Trustee or director
1$0
ELISA LASSGOVERNOR
Trustee or director
1$0
MICHELLE LEMERONDGOVERNOR
Trustee or director
1$0
SUSAN MALYSAGOVERNOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
DESIREE FRANCISPRESIDENT
Officer
1$0
VIHAR SHETHVICE PRESIDE
Officer
1$0
LUKE HARMSTREASURER
Officer
1$0
LENORE GORDONSECRETARY
Officer
1$0
AMY FARRELLGOVERNOR
Trustee or director
1$0
GILBERT GERSTGOVERNOR
Trustee or director
1$0
JACK HODGKINSGOVERNOR
Trustee or director
1$0
KEITT KINGGOVERNOR
Trustee or director
1$0
ELISA LASSGOVERNOR
Trustee or director
1$0
DOUGLAS LLOYDGOVERNOR
Trustee or director
1$0
SUSAN MALYSAGOVERNOR
Trustee or director
1$0
LEIGH ANN MERCHANTGOVERNOR
Trustee or director
1$0
KELI SAVAGEGOVERNOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
DESIREE FRANCISPRESIDENT
Officer
1$0
VIHAR SHETHVICE PRESIDE
Officer
1$0
JILL EDWARDSSECRETARY
Officer
1$0
LUKE HARMSTREASURER
Officer
1$0
AMY FARRELLGOVERNOR
Trustee or director
1$0
GILBERT GERSTGOVERNOR
Trustee or director
1$0
TED HOLMANGOVERNOR
Trustee or director
1$0
KEITT KINGGOVERNOR
Trustee or director
1$0
ELISA LASSGOVERNOR
Trustee or director
1$0
DOUGLAS LLOYDGOVERNOR
Trustee or director
1$0
LEIGH ANN MERCHANTGOVERNOR
Trustee or director
1$0
KELI SAVAGEGOVERNOR
Trustee or director
1$0
BRIAN COFFEEEX-OFFICIO
Trustee or director
1$0

Address and contacts

Address (IRS master file)
673 POTOMAC STATION DRIVE 801, LEESBURG, VA 20176-1819
Principal officer (990 for 2025)
VIHAR SHETH, 673 POTOMAC STATION DRIVE 801, LEESBURG, VA 20176
Signed the 990
VIHAR SHETH, PRESIDENT
Phone
(571) 293-0998
Return prepared by
BURKETT BURKETT & BURKETT CPAS PA

Mission

AFFORDABLE HOUSING INVESTORS COUNCIL SEEKS TO PRESERVE AND STRENGTHEN THE LOW-INCOME HOUSING TAX CREDIT AS AN EFFECTIVE TOOL FOR THE DEVELOPMENT OF AFFORDABLE HOUSING. TO ACCOMPLISH THIS, WE PROVIDE EDUCATIONAL OPPORTUNITIES AND A FORUM FOR SHARING INFORMATION TO OUR INVESTOR MEMBERS, AND CREATE INDUSTRY BEST PRACTICES.

990 for the year ended December 31, 2025

Program accomplishments

  • SERVICE TO MEMBERS
    Expenses $528,585 · revenue $825,688

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2761790
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,001,777
Income (IRS master file)
$836,464

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$836,464$623,925$1,001,777IRS
990December 2024$633,544$552,291$671,118IRS
990December 2023$510,526$594,269$586,494XML
990December 2022$470,625$464,843$693,332IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 74-2761790).

Questions about AFFORDABLE HOUSING INVESTORS COUNCIL

What is the EIN of AFFORDABLE HOUSING INVESTORS COUNCIL?
The employer identification number (EIN) of AFFORDABLE HOUSING INVESTORS COUNCIL is 74-2761790.
Is AFFORDABLE HOUSING INVESTORS COUNCIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Are donations to AFFORDABLE HOUSING INVESTORS COUNCIL tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does AFFORDABLE HOUSING INVESTORS COUNCIL 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 INVESTORS COUNCIL 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 INVESTORS COUNCIL 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 INVESTORS COUNCIL?
The 990 for the year ended December 31, 2025 names VIHAR SHETH.
Who are the officers and directors of AFFORDABLE HOUSING INVESTORS COUNCIL?
The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does AFFORDABLE HOUSING INVESTORS COUNCIL have?
On its 990 for the year ended December 31, 2025 it reported revenue of $836,464, expenses of $623,925 and total assets of $1,001,777 at year end.

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