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Housing Assistance Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237431255 ✦ Hyannis, MA ✦ Designated as a 501(c)(3)

Overview

What is Housing Assistance Corporation?

The Housing Assistance Corporation (HAC) is a Massachusetts-based nonprofit organization, located at 460 WEST MAIN STREET in Hyannis, with a mission to ensure safe and affordable housing for people on Cape Cod and the islands. Through its Client Services Division, HAC offers various programs to eligible individuals and families, providing affordable housing options, homelessness prevention, shelter, and self-sufficiency services. These services range from housing assistance payments for low-income tenants, transitional housing and job placement for the homeless, and training and support for homeowners, including foreclosure counseling. HAC's major programs focus on rental subsidies, shelter services, consumer education, and residential energy efficiency to achieve its goal of promoting and implementing the right to safe and affordable housing for all. Currently, the organization employs a workforce of 138 individuals to carry out their important mission.


Official website here: www.haconcapecod.org

Is Housing Assistance Corporation legitimate?

Housing Assistance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Assistance Corporation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $447,398
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,056,914

For more financial information, click here


Official website here: www.haconcapecod.org

What is the mission statement of Housing Assistance Corporation?

The Housing Assistance Corporation is dedicated to ensuring that all people have access to safe and affordable housing. To accomplish this goal, the organization concentrates its efforts on rental subsidies, shelter services, consumer education, and residential energy efficiency. Through its client services division, HAC works with eligible individuals and families in Massachusetts to provide a range of affordable housing options, homelessness prevention services, and self-sufficiency programs. These services include housing assistance payments for low-income tenants, transitional housing, assistance for the homeless with housing search and job placement, and training and support for homeowners including foreclosure counseling.


Official website here: www.haconcapecod.org

Who is the CEO of Housing Assistance Corporation?

Peter Muise is the Chairman of Housing Assistance Corporation. The CEO's salary of Housing Assistance Corporation is $187,577 and their total compensation is $230,911.


Official website here: www.haconcapecod.org

What is the revenue of Housing Assistance Corporation?

Housing Assistance Corporation's revenue in 2022 was $36,246,807.


Official website here: www.haconcapecod.org

Who are the executives of Housing Assistance Corporation and what are their salaries?

The average compensation at Housing Assistance Corporation during 2022 was $39,886. There are 138 employees and 616 volunteers at Housing Assistance Corporation.

Here are 23 key members and their salaries (Housing Assistance Corporation's CEO's salary is $187,577 and their total compensation is $230,911):

    Alisa Magnotta (Ceo)
  • Compensation: $187,577
  • Related: $0
  • Other: $43,334

    • Stephen Ferris (Chief Financial Officer)
  • Compensation: $129,263
  • Related: $0
  • Other: $39,863

    • Walter Phinney (Chief Hr Officer)
  • Compensation: $132,709
  • Related: $0
  • Other: $22,148

    • Anne Van Vleck (Chief Development Officer)
  • Compensation: $117,100
  • Related: $0
  • Other: $16,934

    • Cassandra Danzl (Chief Operating Officer)
  • Compensation: $101,630
  • Related: $0
  • Other: $16,436

    • Peter Muise (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Freeman (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Bogdanovich (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ashley Moore Baker (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liam Cahill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cliff Carroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kara O'Donnell-Galvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Marsland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Rodolakis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Rohrbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Ruchinskas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kumara Sidhartha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond Tamasi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Wallace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Winner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Zammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.haconcapecod.org

    Where can I find the form 990 for Housing Assistance Corporation?

    The Housing Assistance Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.haconcapecod.org

    Learn more at the official website: www.haconcapecod.org

    Mission Statement of Housing Assistance Corporation

    The Housing Assistance Corporation (HAC) is a mission-driven organization dedicated to promoting and implementing the right of all people on Cape Cod and the Islands to occupy safe and affordable housing. To achieve this goal, HAC concentrates its major programs around rental subsidies, shelter services, consumer education, and residential energy efficiency.

    Through its Client Services Division, HAC works with eligible individuals and families in Massachusetts to provide a wide range of affordable housing, homelessness prevention, and shelter and self-sufficiency services. The organization offers Housing Assistance Payments for low-income tenants, helping them maintain stable housing. HAC also provides transitional housing and assistance for the homeless, including housing search and job placement. Furthermore, HAC offers training and support for homeowners, including foreclosure counseling. By focusing on these areas, HAC aims to ensure that individuals and families on Cape Cod and the Islands have access to safe, affordable housing and the resources they need to achieve self-sufficiency.

    Impact

    This information is meant to be a general summary of Housing Assistance Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Housing Assistance Corporation plays a vital role in ensuring that all individuals and families on Cape Cod and the Islands have access to safe and affordable housing. Through its various programs, HAC provides rental subsidies, shelter services, consumer education, and residential energy efficiency initiatives to promote housing stability and self-sufficiency. By offering housing assistance payments for low-income tenants, transitional housing for the homeless, and support for homeowners facing foreclosure, HAC positively impacts the lives of many individuals by addressing their housing needs and empowering them to secure stable living situations.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $35,528
  • Program Service Revenue: $3,449,470
  • Gross Receipts: $36,246,807

    • Assets and Liabilities:
  • Total Assets: $20,544,372
  • Total Liabilities: $10,228,538
  • Net Assets: $10,315,834
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ENERGY EFFICIENCY SERVICES

    Revenue

    $1,434,219

    LOW INCOME RENTAL HOUSING

    Revenue

    $1,206,480

    ADMINISTRATION FEES

    Revenue

    $501,334

    ADDITIONAL PROGRAM REVENUE

    Revenue

    $156,618

    MEDICAID

    Revenue

    $150,819

    Organization Details

    Founding Year

    1974

    Principal Officer

    Peter Muise

    Main Address

    460 WEST MAIN STREET, HYANNIS, MA, 02601

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Housing Assistance Corporation 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.