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Nonprofiteer
← HOUSING ASSISTANCE CORPORATION

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.

  • HAC LLC

    AFFORDABLE HOUSING SPONSOR · MA · income $0 · assets $0

    Directly controlled by HOUSING ASSISTANCE CORPORATION

  • GREAT COVE COMMUNITY LLC

    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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
25 April 2024
IRS schema version
2022v5.0
Source object
202411169349301816

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