HOUSING ASSISTANCE CORPORATION

As filed

Subsection

03

NTEE code

L210

Classification

1000

Street

PO BOX 2057

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• MULTI-FAMILY DEVELOPMENT:HAC HAS CREATED 360 UNITS OF AFFORDABLE RENTAL HOUSING IN HENDERSON COUNTY OVER THE LAST 35 YEARS. THE UNITS ARE ALL AFFORDABLE, SOME ARE TRANSITIONAL HOUSING, AND ALL SERVE VARIOUS POPULATIONS INCLUDING SENIORS, FAMILIES, VETERANS, AGRICULTURAL WORKERS, SURVIVORS OF INTERPERSONAL VIOLENCE, AND INDIVIDUALS WITH PHYSICAL, MENTAL OR DEVELOPMENT DISABILITIES.

  Expenses $724,250 · Revenue $1,296,045

• SINGLE-FAMILY DEVELOPMENT:IN 2024, HAC COMPLETED 2 SINGLE FAMILY HOMES IN HENDERSON COUNTY AND 4 SINGLE FAMILY HOMES IN POLK COUNTY AND BEGAN CONSTRUCTION ON 6 OTHERS WHICH WILL BE COMPLETED IN 2025. OVER ITS HISTORY HAC HAS BUILT 213 SINGLE FAMILY HOMES IN HENDERSON COUNTY AND POLK COUNTY AND IS WORKING TO EXPAND TO TRANSYLVANIA COUNTY WHEN LAND BECOMES AVAILABLE. OUR HOUSING COUNSELORS WORKED WITH 857 HOUSEHOLDS IN THE RECRUITMENT PROCESS AT YEAR END.

  Expenses $471,835

• HOME REPAIR AND REHABILITATION:HAC COMPLETED 742 REPAIRS FOR 164 HOUSEHOLDS OR 387 PEOPLE IN 2024.

  Expenses $1,488,442

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $4,371,200

  Expenses

  $3,066,256

  Contributions

  $2,844,770

  Grants paid

  $0

• 2023

  Revenue

  $2,935,504

  Expenses

  $2,789,137

  Contributions

  $1,652,598

  Grants paid

  $0

• 2022

  Revenue

  $2,770,321

  Expenses

  $2,170,459

  Contributions

  $1,781,501

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,074,001

  Expenses

  $1,915,890

  Assets (EOY)

  $7,059,698

• 2020 · 990

  Revenue

  $1,950,294

  Expenses

  $1,727,585

  Assets (EOY)

  $6,235,032

• 2019 · 990

  Revenue

  $946,759

  Expenses

  $1,470,323

  Assets (EOY)

  $5,268,405

• 2018 · 990

  Revenue

  $1,338,160

  Expenses

  $1,316,025

  Assets (EOY)

  $7,028,593

• 2017 · 990

  Revenue

  $1,676,067

  Expenses

  $1,891,301

  Assets (EOY)

  $7,189,723

• 2016 · 990

  Revenue

  $1,880,606

  Expenses

  $1,950,829

  Assets (EOY)

  $6,753,782

• 2015 · 990

  Revenue

  $1,377,330

  Expenses

  $1,765,752

  Assets (EOY)

  $6,740,858

• 2014 · 990

  Revenue

  $1,525,934

  Expenses

  $1,395,147

  Assets (EOY)

  $6,331,875

• 2013 · 990

  Revenue

  $1,405,681

  Expenses

  $1,532,833

  Assets (EOY)

  $6,585,856

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,701,648

  Assets (EOY)

  $7,155,050

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• CENTER FOR DISASTER PHILANTHROPY INC

  $300,000

  2025 · HOUSING ASSISTANCE CORPORATION RECEIVED $300,000. FROM THE TRUIST WESTERN NORTH CAROLINA RECOVERY AND RESILIENCY FUND FOR THEIR DISASTER HOME REPAIR AND REBUILD PROGRAM ENSURING HOUSING RECOVERY THROUGH REPAIRS AND WRAP AROUND CASE MANAGEMENT SERVICES IN THE RURAL COMMUNITIES THEY SERVE IN HENDERSON, POLK, AND TRANSYLVANIA COUNTIES.

• THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC

  $250,000

  2024 · BUILDING COMMUNITY & ECONOMIC VITALITY

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $234,600

  2024 · For grant recipient's exempt purposes

• IMPACT HEALTH

  $180,700

  2022 · OPERATING SUPPORT

• FORGOOD INC

  $133,704

  2024 · UNRESTRICTED

• IMPACT HEALTH

  $101,009

  2023 · HOP CAPACITY BUILDING FUNDS

• IMPACT HEALTH

  $100,166

  2024 · HOP CAPACITY BUILDING FUNDS

• THE GOLDEN L E A F LONG-TERM ECONOMIC ADVANCEMENT FOUNDATION IN

  $100,000

  2024 · Helene Relief Project

• COMMUNITY FOUNDATION OF HENDERSON COUNTY INC

  $85,044

  2024

• COMMUNITY FOUNDATION OF HENDERSON COUNTY INC

  $67,520

  2022

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files