2023-03-31T07:43:30-05:00 2022-06-30 221478099 COHNREZNICK LLP 10 FORBES ROAD SUITE 200 BRAINTREE MA 02184 990 2021-07-01 237431255 HOUSING ASSISTANCE CORPORATION HOUS 5087715400 460 WEST MAIN STREET HYANNIS MA 02601 STEPHEN FERRIS CHIEF FINANCIAL OFFICER 5087715400 2023-03-29 1 STEPHEN FERRIS 999009999 JOLANTA TUCK CPA P01340068 7813803520 2023-03-27 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z PETER MUISE 460 WEST MAIN STREET HYANNIS MA 02601 36246807 0 X WWW.HACONCAPECOD.ORG X 1974 MA HAC'S MISSION IS TO PROMOTE AND IMPLEMENT THE RIGHT OF ALL PEOPLE ON CAPE COD AND THE ISLANDS TO OCCUPY SAFE AND AFFORDABLE HOUSING. TO ACHIEVE THIS GOAL, HAC HAS CONCENTRATED ITS MAJOR PROGRAMS AROUND RENTAL SUBSIDIES, SHELTER SERVICES, CONSUMER EDUCATION, AND RESIDENTIAL ENERGY EFFICIENCY. 18 18 138 616 0 0 28483985 32761809 3281177 3449470 74911 35528 0 0 31840073 36246807 19273595 24678147 0 0 7471715 7549115 0 0 1006613 3578749 3602622 30324059 35829884 1516014 416923 23451623 20544372 13418605 10228538 10033018 10315834 X HAC'S MISSION IS TO PROMOTE AND IMPLEMENT THE RIGHT OF ALL PEOPLE ON CAPE COD AND THE ISLANDS TO OCCUPY SAFE AND AFFORDABLE HOUSING. TO ACHIEVE THIS GOAL, HAC HAS CONCENTRATED ITS MAJOR PROGRAMS AROUND RENTAL SUBSIDIES, SHELTER SERVICES, CONSUMER EDUCATION, AND RESIDENTIAL ENERGY EFFICIENCY. 0 0 27202605 21344104 782308 CLIENT SERVICES - THE CLIENT SERVICES DIVISION WORKS WITH ELIGIBLE INDIVIDUALS AND FAMILIES IN MASSACHUSETTS TO PROVIDE A WIDE RANGE OF AFFORDABLE HOUSING, HOMELESSNESS PREVENTION AND SHELTER AND SELF-SUFFICIENCY SERVICES. THESE SERVICES INCLUDE HOUSING ASSISTANCE PAYMENTS FOR LOW INCOME TENANTS, TRANSITIONAL HOUSING AND ASSISTANCE FOR THE HOMELESS INCLUDING HOUSING SEARCH AND JOB PLACEMENT, AND TRAINING AND SUPPORT FOR HOMEOWNERS INCLUDING FORECLOSURE COUNSELING. 4083706 3334043 1252167 ENERGY EFFICIENCY SERVICES - THE ENERGY EFFICIENCY SERVICES DIVISION WORKS WITH ELIGIBLE INDIVIDUALS AND FAMILIES IN MASSACHUSETTS TO PROVIDE A WIDE RANGE OF ENERGY IMPROVEMENTS OPTIONS. THESE OPTIONS INCLUDE FREE ENERGY ASSESSMENTS, HOME WEATHERIZATION AND ENERGY EFFICIENT APPLIANCES AND HEATING. 1561615 1414995 PROPERTY MANAGEMENT AND DEVELOPMENT - THE PROPERTY MANAGEMENT AND DEVELOPMENT DIVISION OVERSEES THE OPERATIONS OF ALL RESIDENTIAL RENTAL PROPERTIES, AS WELL AS DEVELOPMENT ACTIVITY, TO ITS PROPERTIES LOCATED ON CAPE COD AND THE ISLANDS. 32847926 1 1 0 1 0 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 207 0 1 138 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X STEPHEN FERRIS 5087715400 460 WEST MAIN STREET HYANNIS MA 02601 PETER MUISE CHAIRMAN 1.00 X X 0 0 0 PETER FREEMAN VICE CHAIRMAN 1.00 X X 0 0 0 BILL BOGDANOVICH TREASURER 1.00 X X 0 0 0 ASHLEY MOORE BAKER CLERK 1.00 X X 0 0 0 LIAM CAHILL DIRECTOR 1.00 X 0 0 0 CLIFF CARROLL DIRECTOR 1.00 X 0 0 0 CATHY GIBSON DIRECTOR 1.00 X 0 0 0 KARA O'DONNELL-GALVIN DIRECTOR 1.00 X 0 0 0 MARGARET HAYES DIRECTOR 1.00 X 0 0 0 LARRY MARSLAND DIRECTOR 1.00 X 0 0 0 ALEX RODOLAKIS DIRECTOR 1.00 X 0 0 0 SUSAN ROHRBACH DIRECTOR 1.00 X 0 0 0 PAUL RUCHINSKAS DIRECTOR 1.00 X 0 0 0 KUMARA SIDHARTHA DIRECTOR 1.00 X 0 0 0 RAYMOND TAMASI DIRECTOR 1.00 X 0 0 0 TARA WALLACE DIRECTOR 1.00 X 0 0 0 RON WINNER DIRECTOR 1.00 X 0 0 0 LINDA ZAMMER DIRECTOR 1.00 X 0 0 0 ALISA MAGNOTTA CEO 35.00 X 187577 0 43334 STEPHEN FERRIS CHIEF FINANCIAL OFFICER 35.00 X 129263 0 39863 WALTER PHINNEY CHIEF HR OFFICER 35.00 X 132709 0 22148 ANNE VAN VLECK CHIEF DEVELOPMENT OFFICER 35.00 X 117100 0 16934 CASSANDRA DANZL CHIEF OPERATING OFFICER 35.00 X 101630 0 16436 668279 0 138715 5 0 1 0 CAPE SAVE 7 HUNTINGTON AVE C SOUTH YARMOUTH MA 02664 ENERGY CONTRACTOR 498749 CRANE APPLIANCE 249 TEATICKET HWY EAST FALMOUTH MA 02536 ENERGY CONTRACTOR 453601 EAGLE ENERGY 395 KING ST RAYNHAM MA 02767 ENERGY CONTRACTOR 322592 FRONTIER ENERGY 139 QUEEN ANNE ROAD UNIT 6 HARWICH MA 02645 ENERGY CONTRACTOR 230226 CAPE COD INSULTATION 18 REARDON CIR SOUTH YARMOUTH MA 02664 ENERGY CONTRACTOR 182054 7 30544434 2217375 32761809 ENERGY EFFICIENCY SERVICES 624200 1434219 1434219 LOW INCOME RENTAL HOUSING 624200 1206480 1206480 ADMINISTRATION FEES 624200 501334 501334 ADDITIONAL PROGRAM REVENUE 624200 156618 156618 MEDICAID 624200 150819 150819 3449470 18528 18528 17000 0 17000 17000 17000 36246807 3449470 0 35528 24678147 24678147 447398 10290 437108 5056914 3894446 655637 506831 156976 136092 5793 15091 1375480 1139917 109836 125727 512347 367903 96728 47716 6288 6288 41865 7086 32550 2229 36861 1200 35661 762091 376954 303270 81867 911 390 398 123 109055 55957 40833 12265 90414 38754 39471 12189 1183508 1024251 135523 23734 78788 73148 5287 353 515937 495147 20790 PROGRAM SUPPORT AND SUP 634167 460040 21477 152650 STAFF TRAINING 105051 66693 27503 10855 MEALS 37686 15223 7480 14983 35829884 32847926 1975345 1006613 3466909 1917041 1304642 1105271 1426793 2114813 100056 47482 19372117 7743998 11746033 11628119 1235417 5407190 2496229 23451623 20544372 1500461 1579519 1504038 259251 67186 68886 6934509 6857607 3412411 1463275 13418605 10228538 X 9443283 9799009 589735 516825 10033018 10315834 23451623 20544372 416923 -134107 0 X 0 1 X 1 1 1 X 20944056 21947192 23999492 28483985 32761809 128136534 20944056 21947192 23999492 28483985 32761809 128136534 128136534 5611 14316 5770 112246 1827 139770 128276304 17222242 0.99890 0.99880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22500 22500 32825426 32847926 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 25800 16080 16080 22500 80460 250000 250000 250000 250000 1000000 1500000 25800 16080 16080 22500 80460 0 1 X 3601456 3601456 11265306 4678317 6586989 3727162 2292062 1435100 330720 330720 0 447473 442899 4574 11628119 MISC RESERVES AND RESTRICTED CASH 2496229 2496229 ESCROW ACCOUNTS 125810 ADVANCES 1337465 1463275 PART IV, LINE 2B: GC AND HAC LOFTS HAVE A POLICY TO COLLECT SECURITY DEPOSITS UP TO ONE MONTH'S RENT FROM TENANTS. THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES. AS OF JUNE 30, 2022 SECURITY DEPOSITS TOTALED $68,886. 1 RENTAL ASSISTANCE 1133 14256666 STABILIZATION SERVICES 1562 7087438 RESIDENTIAL ENERGY EFFICIENCY 877 3334043 PART I, LINE 2: ALL PAYMENTS ARE MADE AFTER APPROVAL FROM DEPARTMENT HEADS. GRANTS/ASSISTANCE TO INDIVIDUALS ARE GRANTED ONLY AFTER THE CLIENT APPLIES AND IS APPROVED FOR ASSISTANCE. X X 0 0 0 0 0 0 0 1 0 ALISA MAGNOTTA CEO 179177 0 8400 0 0 0 10071 0 33263 0 230911 0 0 0 STEPHEN FERRIS CHIEF FINANCIAL OFFICER 123143 0 6120 0 0 0 6822 0 33041 0 169126 0 0 0 WALTER PHINNEY CHIEF HR OFFICER 126334 0 6375 0 0 0 9318 0 12830 0 154857 0 0 0 PART I, LINE 7 ALL EMPLOYEES RECEIVED A 5% BONUS IN 2021. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION SHALL BE THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ANY ACTION OR VOTE REQUIRED OR PERMITTED BY LAW TO BE TAKEN BY MEMBERS OF THE CORPORATION SHALL BE TAKEN BY ACTION OR VOTE OF THE SAME PERCENTAGE OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B OFFICERS AND DIRECTORS SHALL BE ELECTED AT THE ANNUAL MEETING BY A MAJORITY OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER REVIEWS THE COMPLETED 990 PRIOR TO FILING. THE RETURN IS ALSO PROVIDED TO MEMBERS OF THE EXECUTIVE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO DETERMINES THE COMPENSATION FOR OTHER OFFICERS BASED ON KNOWLEDGE OF SIMILAR AGENCIES AND AREA DEMOGRAPHICS. THE CEO'S COMPENSATION IS RECOMMENDED BY THE BOARD FINANCE COMMITTEE AND PERSONNEL COMMITTEE BASED ON SIMILAR INPUTS AND ON PERFORMANCE EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST HAC LLC 460 WEST MAIN STREET HYANNIS MA 02601 000906510 AFFORDABLE HOUSING SPONSOR MA 0 0 HOUSING ASSISTANCE CORPORATION GREAT COVE COMMUNITY LLC 460 WEST MAIN STREET HYANNIS MA 02601 001069463 AFFORDABLE HOUSING SPONSOR MA 141579 2626245 HOUSING ASSISTANCE CORPORATION HAC LOFTS LLC 460 WEST MAIN STREET HYANNIS MA 02601 AFFORDABLE HOUSING MA 138600 1909860 HOUSING ASSISTANCE CORPORATION WEST BARNSTABLE COMMUNITIES LP 460 WEST MAIN STREET HYANNIS MA 02601 261379712 LOW INCOME HOUSING RENTALS MA N/A 0 1 POCASSET ASSISTED LIVING 460 WEST MAIN STREET HYANNIS MA 02601 000845024 LOW INCOME HOUSING RENTALS MA HOUSING ASSISTANCE CORPORATION C 1.00000 1 WEST BARNSTABLE COMMUNITIES - HAC LLC 460 WEST MAIN STREET HYANNIS MA 02601 208312978 AFFORDABLE HOUSING SPONSOR MA HOUSING ASSISTANCE CORPORATION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0