Overview
What is Hanac Inc?
Hanac Inc is a nonprofit organization based in Astoria, New York, with a location at 27-40 Hoyt Avenue South 2nd Floor, ZIP code 11102. Their mission is to develop, implement, and administer various services for the betterment of the community, including social, educational, employment training, mental health, cultural, child care, housing, home care for senior citizens, and youth services. Hanac Inc's primary focus is the operation of the Hanac Senior Centers, which offer citizens aged 60 and above an opportunity to gather in a congenial environment and participate in activities that enhance their ability to remain active and involved in their community. The Hanac Senior Centers, including the JVL Senior Center and the Archbishop Iakovos Senior Center, are year-round programs that operate daily from 9 am to 4 pm, offering members active informal and planned social activities, the opportunity to develop new friendships, interests, hobbies, and educational opportunities, referrals for social services, and a daily luncheon program. Members are encouraged to play an active role in program planning and daily operations, and an advisory committee, composed of senior citizens and community leaders, meets regularly to discuss programmatic issues and formulate new goals for the program. Hanac Inc places a strong emphasis on services to the frail elderly, serving almost 50,000 meals annually with 970 educational/recreational activities and 12 nutrition classes. The organization is funded through the New York City Department for the Aging and provides services to over 2,000 elderly clients.
Official website here: www.hanac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Hanac Inc has achieved an overall rating of 87% from Charity Navigator, reflecting strong accountability and finance practices. The organization boasts a fully independent board and effective oversight mechanisms, including a robust audit committee. They maintain a high program expense ratio, indicating that a significant portion of their funding is allocated towards their stated programs.
However, user feedback from Great Nonprofits presents a stark contrast to the positive financial evaluation. A review highlights concerns regarding the organization's authenticity, suggesting that it primarily serves a specific demographic with limited outreach to the broader community. The reviewer questions the integrity and influence of the organization, labeling it as a "taxpayer ripoff" and expressing skepticism about its contributions to the community.
While Hanac Inc demonstrates commendable financial accountability, the negative user experience raises questions about its operational efficacy and overall impact on the community it claims to serve. This disparity between financial metrics and user sentiment suggests potential areas for improvement regarding transparency and outreach efforts.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Hanac Inc legitimate?
Hanac Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hanac Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $308,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,096,610
For more financial information, click here
Official website here: www.hanac.org
What is the mission statement of Hanac Inc?
Hanac Inc is dedicated to improving the community by providing and managing various services. Their mission encompasses addressing social, educational, employment training, mental health, cultural, child care, housing, home care for senior citizens, and youth services. These offerings are accessible to those in need, regardless of race, creed, or national origin. Hanac Inc actively collaborates with other service providers, government entities at the city, state, and federal levels to enhance community welfare.
Official website here: www.hanac.org
Who is the CEO of Hanac Inc?
Stacy Bliagos is the Executive Director of Hanac Inc.
Official website here: www.hanac.org
What is the revenue of Hanac Inc?
Hanac Inc's revenue in 2022 was $20,374,188.
Official website here: www.hanac.org
Who are the executives of Hanac Inc and what are their salaries?
The average compensation at Hanac Inc during 2022 was $21,888. There are 384 employees and 305 volunteers at Hanac Inc.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $147,599
- Related: $0
- Other: $19,367
- Compensation: $119,981
- Related: $29,690
- Other: $21,351
- Compensation: $84,970
- Related: $25,240
- Other: $19,200
Official website here: www.hanac.org
Where can I find the form 990 for Hanac Inc?
Hanac Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hanac.org
Learn more at the official website: www.hanac.org
Mission Statement of Hanac Inc
Hanac Inc, a renowned nonprofit organization, is dedicated to enhancing the wellbeing of the community by creating, implementing, and managing an array of services. These offerings encompass various sectors, including social, educational, employment training, mental health, cultural, child care, housing, home care for senior citizens, and youth services. Hanac Inc extends these benefits to individuals in need, regardless of their racial, creedal, or national origins, fostering an inclusive and diverse community.
The organization's commitment to the greater good transcends beyond its own initiatives. Hanac Inc forms strong partnerships with other service providers, city, state, and federal governments to amplify their collective impact. By merging resources and knowledge, they work collaboratively to uplift and empower those in need, ultimately striving for a better community for all. Hanac Inc's mission is a testament to its unwavering dedication to enriching lives and fostering a thriving and inclusive society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Hanac Inc plays a significant role in enhancing the quality of life for seniors and the entire community in Astoria, NY. Through its senior centers, such as the JVL Senior Center and the Archbishop Iakovos Senior Center, the organization creates a welcoming environment for citizens aged 60 and above. This fosters social interaction and community involvement, allowing seniors to participate in a wide array of activities that promote engagement and well-being.
The centers not only serve as social hubs but also focus on educational and recreational opportunities. They host nearly 970 programs annually, ranging from nutrition classes to various educational initiatives, thereby addressing the needs of a diverse group of seniors. With a commitment to inclusivity, Hanac Inc ensures that these services are accessible to everyone, regardless of race, creed, or national origin.
Additionally, the organization provides essential resources, including referrals for social services and a daily luncheon program, which serves almost 50,000 meals each year to support the nutritional needs of its clients. Hanac Inc emphasizes the importance of community involvement by encouraging seniors to play an active role in program planning through advisory committees comprised of seniors and community leaders.
Overall, Hanac Inc's impact is profound, as it not only supports the frail elderly but also facilitates a strong sense of community among all its members, ultimately contributing to the betterment of society as a whole.
This information is meant to be a general summary of Hanac Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,460
- Program Service Revenue: $187,209
- Gross Receipts: $20,376,878
Assets and Liabilities:
- Total Assets: $28,146,506
- Total Liabilities: $17,528,355
- Net Assets: $10,618,151
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID
Revenue
$141,252
ELDERLY CAR SERVICE
Revenue
$28,384
PRIVATE INSURANCE
Revenue
$15,523
CLIENT FEES
Revenue
$2,050
Organization Details
Founding Year
1972
Phone
(212) 840-8005Principal Officer
Stacy Bliagos
Main Address
27-40 HOYT AVENUE SOUTH 2ND FLOOR, ASTORIA, NY, 11102
Website
www.hanac.orgNTEE Category
Code: R20 - Civil rights
If you are a representative of Hanac Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.