Form 990 for tax year 2022
Filed by HOUSING ASSISTANCE CORPORATION.
Totals
- Total revenue
- $37,056,441
- Total expenses
- $36,207,096
- Contributions and grants received
- $32,738,187
- Grants paid
- $23,407,228
- Program service revenue
- $4,285,370
- Investment income
- $51,841
- Other revenue
- -$18,957
- Total assets, end of year
- $21,329,167
- Total liabilities, end of year
- $10,053,805
- Net assets or fund balances, end of year
- $11,275,362
- Program services expenses (Part IX)
- $32,286,074
- Management and general expenses
- $2,575,237
- Fundraising expenses
- $1,345,785
- Program service expenses (Part III)
- $32,286,074
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
BILL BOGDANOVICH
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
PETER FREEMAN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
LIAM CAHILL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ASHLEY MOORE BAKER
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
CLIFF CARROLL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CATHY GIBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARGARET HAYES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KARA O'DONNELL-GALVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALEX RODOLAKIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN ROHRBACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PAUL RUCHINSKAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KUMARA SIDHARTHA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RAYMOND TAMASI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TARA WALLACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LINDA ZAMMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALISA MAGNOTTA
CEO
- Total calculated
- $261,577
- From this org
- $218,745
- From related orgs
- $0
- Other
- $42,832
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $208,745
- Bonus
- $10,000
- Other
- $0
- Deferred
- $7,647
- Nontaxable benefits
- $35,185
- Filer's total
- $261,577
-
STEPHEN FERRIS
CHIEF FINANCIAL OFFICER
- Total calculated
- $185,397
- From this org
- $147,854
- From related orgs
- $0
- Other
- $37,543
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $140,854
- Bonus
- $7,000
- Other
- $0
- Deferred
- $5,885
- Nontaxable benefits
- $31,658
- Filer's total
- $185,397
-
CASSANDRA DANZL
CHIEF OPERATING OFFICER
- Total calculated
- $146,510
- From this org
- $131,275
- From related orgs
- $0
- Other
- $15,235
- Hours/week
- 35
-
ANNE VAN VLECK
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $163,774
- From this org
- $122,281
- From related orgs
- $0
- Other
- $41,493
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $116,031
- Bonus
- $6,250
- Other
- $0
- Deferred
- $6,540
- Nontaxable benefits
- $34,953
- Filer's total
- $163,774
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- ALL EMPLOYEES RECEIVED A 5% BONUS IN 2022.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
AFFORDABLE HOUSING SPONSOR · MA · income $0 · assets $0
Directly controlled by HOUSING ASSISTANCE CORPORATION
-
AFFORDABLE HOUSING SPONSOR · MA · income $221,516 · assets $2,545,785
Directly controlled by HOUSING ASSISTANCE CORPORATION
-
HAC LOFTS LLC
AFFORDABLE HOUSING · MA · income $141,330 · assets $1,863,344
Directly controlled by HOUSING ASSISTANCE CORPORATION
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
WEST BARNSTABLE COMMUNITIES LP
LOW INCOME HOUSING RENTALS · MA · general or managing partner
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · LOW INCOME HOUSING RENTALS · MA · 100% owned · controlled entity
Directly controlled by HOUSING ASSISTANCE CORPORATION
-
WEST BARNSTABLE COMMUNITIES - HAC LLC
C · AFFORDABLE HOUSING SPONSOR · MA · 100% owned · controlled entity
Directly controlled by HOUSING ASSISTANCE CORPORATION
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411169349301816
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