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North Dakota · Nonprofit

AFFORDABLE HOUSING DEVELOPERS INC

AFFORDABLE HOUSING DEVELOPERS INC (North Dakota) receives grants from 1 organization whose IRS filings report $150,000 to it, the largest being OTTO BREMER TRUST ($150,000). 1 of them have funded it in more than one year.

Revenue FY2025
$1.2M
Funders on record
1
Grants received
$150k
Net assets
$2.9M
1/1 repeat funderspeak grant-dependency 8%
01What it does

What Affordable Housing Developers Inc does

Mission

To provide and be dedicated to the development, preservation and management of decent, safe and affordable housing for lower income households in north dakota.

As stated on its FY2025 Form 990.

Programs

  1. Affordable housing developers develops multi-family housing projects for low to moderate income households throughout north dakota by utilizing federal, state and local grant and loan programs designed to promote housing opportunities. Ahdi may use these funds to purchase and/or rehabilitate existing affordable housing properties at risk of being lost to the affordable housing industry, or build new in areas that are in short supply of affordable housing.

    $235,440 spent$249,933 earned by the program
    24% of program spending

  2. Ahdi owns 3 multi-family affordable housing properties with 48 units located in williston, rugby, and mandan, ahdi also has ownership in 5 additional affordable housing properties located in hebron, napoleon, rolla and dickinson totaling 63 units.

    $706,130 spent$752,385 earned by the program
    72% of program spending

  3. Ahdi manages affordable multifamily housing programs that utilize a variety of subsidy programs including rural development rental assistance, hud home program funding and north dakota housing incentive funds. The 123 units ahdi manages are located across north dakota in hebron, mandan, napoleon, velva, rolla, rugby and williston.

    $39,430 spent$26,805 earned by the program
    4% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $981,000.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($385k) Expenses 100 ($501k) Net assets 100 ($3.5M)2018 Revenue 206 ($791k) Expenses 189 ($945k) Net assets 96 ($3.4M)2019 Revenue 301 ($1.2M) Expenses 250 ($1.3M) Net assets 93 ($3.3M)2020 Revenue 165 ($634k) Expenses 198 ($990k) Net assets 85 ($3.0M)2021 Revenue 254 ($978k) Expenses 149 ($745k) Net assets 91 ($3.2M)2022 Revenue 222 ($855k) Expenses 238 ($1.2M) Net assets 90 ($3.2M)2023 Revenue 194 ($748k) Expenses 236 ($1.2M) Net assets 77 ($2.7M)2024 Revenue 373 ($1.4M) Expenses 248 ($1.2M) Net assets 83 ($2.9M)2025 Revenue 316 ($1.2M) Expenses 253 ($1.3M) Net assets 81 ($2.9M)
'17'18'19'20'21'22'23'24'25
Revenue (316)Expenses (253)Net assets (81)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $7.5M to $8.5M (+14%).

$6.8M
$6.6M
$7.5M
$8.5M
$9.2M
$9.8M
$9.4M
$9.4M
$9.5M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 6% · 2018 44% · 2019 60% · 2020 31% · 2021 47% · 2022 5% · 2023 5% · 2024 3% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

5% of AFFORDABLE HOUSING DEVELOPERS INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$116k
’17
−$153k
’18
−$95k
’19
−$356k
’20
$233k
’21
−$338k
’22
−$434k
’23
$193k
’24
−$51k
’25
5.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed888888779
Joined·+0+2+1+0+1+3+0+3
No longer listed·02101401
03Who funds it

Who funds it, year by year

2019 → 2021: the base held at 1 funder, grant income held at $75k.

Funder
'19
'21
total
funders
1
1

From the IRS filings of AFFORDABLE HOUSING DEVELOPERS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

AFFORDABLE HOUSING DEVELOPERS INC draws 100% of its grant income from funders outside North Dakota, across 1 state in all.

MN

In-state vs out-of-state, by year

’19
’21
North Dakota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

AFFORDABLE HOUSING DEVELOPERS INC is better cushioned than half of the 2,196 housing & shelter nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve5.9mo · above the median
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like AFFORDABLE HOUSING DEVELOPERS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Dakota

Communityworks North Dakota83%Neighborhood Development Enterprises Inc82%Grand Forks Homes Inc82%High Plains Fair Housing Center Inc81%Red River Community Housing Development Organization80%Community Action Region VI79%Rural Development Finance Corporation79%Ichf Foundation78%

Nationally

Affordable Housing Network Inc85%Nebraska Housing Developers Association84%Housing Development Fund Inc84%Communityworks North Dakota83%Aspen Drive Housing Inc83%Community Housing Development Association Inc82%Alaska Housing Development Corporation82%Ndc Housing & Economic Development Corporation82%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 23%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

75%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 6 related entities

  • Ahdi Northside Apartments LLC · disregarded
  • Ahdi Prairie Apartments LLC · exempt
  • Ahdi Jewel City 1 LLC · exempt
  • Ahdi Jewel City 2 LLC · exempt
  • Dacotah Ridge Lllp · partnership

Screen this organization

A dated, signed PDF of the compliance screen for AFFORDABLE HOUSING DEVELOPERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AFFORDABLE HOUSING DEVELOPERS INC?
AFFORDABLE HOUSING DEVELOPERS INC (North Dakota) receives grants from 1 organization whose IRS filings report $150,000 to it, the largest being OTTO BREMER TRUST ($150,000). 1 of them have funded it in more than one year.
How many funders does AFFORDABLE HOUSING DEVELOPERS INC have?
IRS filings report 1 organization giving $150,000 in grants to AFFORDABLE HOUSING DEVELOPERS INC, 1 of which have funded it in more than one year.
Who is the largest funder of AFFORDABLE HOUSING DEVELOPERS INC?
OTTO BREMER TRUST is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like AFFORDABLE HOUSING DEVELOPERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Dakota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Affordable Housing Developers →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing