Mid-Atlantic Affordable Housing
Interest concerns for affordable housing
Mid-Atlantic Affordable Housing at a glance
In short: Mid-Atlantic Affordable Housing gave $14K across 1 grant in 2025 (avg $14K), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $14,000
- Grants made (2025)
- 1
- Average grant
- $14,000
- Median grant
- $14,000
- Total assets
- $1,182,056
- +7.5% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Mid-Atlantic Affordable Housing funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was National Affordable Housing Management Association ($14K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Mid-Atlantic Affordable Housing gives
- Giving grew 87% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $3K (2020) to $14K (2025). In 2025 it made 1 grant totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| National Affordable Housing Management Association Alexandria, VA | General Purposes | $14,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $1,182,056 | $589,978 | $507,970 | $14,000 | 1 |
| 2024 | $1,100,048 | $638,162 | $521,031 | — | — |
| 2023 | $982,917 | $652,795 | $515,778 | $7,500 | 1 |
| 2022 | $845,900 | $586,385 | $499,413 | $7,500 | 1 |
| 2021 | $758,928 | $534,902 | $319,788 | — | — |
| 2020 | $543,814 | $476,816 | $317,105 | $2,500 | 1 |
About Mid-Atlantic Affordable Housing
Based on IRS filings
Mid-Atlantic Affordable Housing is a public charity, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 1 grant totaling $14K.
Leadership & Key People
Officers and directors from IRS filings
Mid-Atlantic Affordable Housing is led by Terry Rice, Executive Director since 2022 (on filings since 2021); 1 of 15 officers listed in 2025 is compensated.
Officers on the 2025 filing
Terry Rice
Executive Director
Secretary & Executive Afficio → Executive Director, 2022
On filings since 2021
50 hrs/week
$146K (2021) → $176K (2025)
Melody Lundy
President
Director → Vice President, 2022
Vice President → President, 2025
On filings since 2021
1 hr/week
No compensation reported
Brian Alford
Director
On filings since 2020
1 hr/week
No compensation reported
Kimberly Patrick
Director
On filings since 2020
1 hr/week
No compensation reported
Neal Rogers
Director
On filings since 2020
1 hr/week
No compensation reported
Tim Shearer
Director
On filings since 2020
1 hr/week
No compensation reported
Margaret Callaway
Director
On filings since 2021
1 hr/week
No compensation reported
Romain Williams
Director
On filings since 2023
1 hr/week
No compensation reported
Angela Taylor
Director
On filings since 2024
1 hr/week
No compensation reported
Bethann Clayborn
Director
On filings since 2024
1 hr/week
No compensation reported
Mike Milko
Director
On filings since 2024
1 hr/week
No compensation reported
Terana Banks
Director
On filings since 2024
1 hr/week
No compensation reported
Chrystal Strickler
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Kathryn Perry
Past President
Director → President, 2022
President → Past President, 2025
On filings since 2020
1 hr/week
No compensation reported
Vicki Taylor
Vice President
Director → Vice President, 2025
On filings since 2022
1 hr/week
No compensation reported
Former officers (11)
- Former: Joyce Martin (2020–2024) — Past President
- Former: Kristin Larimore (2021–2023) — Director
- Former: Choni Wilcox (2022–2023) — Director
- Former: Susan Glancy (2020–2022) — Director
- Former: Matt Philibin (2020–2021) — Director
- Former: Niketa Myrick (2020–2021) — Director
- Former: Ninette Patrick (2020–2021) — Vice President
- Former: Alice Fletcher (2020) — Director
- Former: Lisa Brooks (2020) — Director
- Former: Margaret Pat Bessette (2020) — Director
- Former: Terry Fuhr Doherty (2020) — Executive Director & Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $176K, to Terry Rice (Executive Director).
Frequently asked questions about Mid-Atlantic Affordable Housing
How much does Mid-Atlantic Affordable Housing give each year?
Mid-Atlantic Affordable Housing gave $14K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Mid-Atlantic Affordable Housing?
Mid-Atlantic Affordable Housing reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $590K.
Where does Mid-Atlantic Affordable Housing operate?
Mid-Atlantic Affordable Housing has awarded grants in Virginia.
What is Mid-Atlantic Affordable Housing's EIN?
Mid-Atlantic Affordable Housing's EIN (Employer Identification Number) is 54-1680425. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS April 29, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Mid-Atlantic Affordable Housing's focus areas in our free grants database
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Funders with grantees in common, and similar funders in Virginia
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The Community Foundation Inc
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Assets
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