2022-05-10T10:03:14-05:00 2021-06-30 221478099 COHNREZNICK LLP 10 FORBES ROAD STE 200 BRAINTREE MA 02184 990 2020-07-01 237431255 HOUSING ASSISTANCE CORPORATION HOUS 5087715400 460 WEST MAIN STREET HYANNIS MA 02601 STEPHEN FERRIS CHIEF FINANCIAL OFFICER 5087715400 2022-05-09 1 STEPHEN FERRIS 999009999 JOLANTA TUCK CPA P01340068 7813803520 2022-05-09 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z PETER MUISE 460 WEST MAIN STREET HYANNIS MA 02601 31877408 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 18 141 330 0 0 23999492 28483985 3423833 3281177 5770 74911 0 0 27429095 31840073 16555915 19273595 0 0 6851618 7471715 0 0 840512 3111427 3578749 26518960 30324059 910135 1516014 19460978 23451623 10943993 13418605 8516985 10033018 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 23354515 17061306 1957328 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. 2898712 2212289 815976 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. 1341478 1553567 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. 27594705 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 1 197 0 1 141 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X STEPHEN FERRIS 5087715400 460 WEST MAIN STREET HYANNIS MA 02601 ALISA MAGNOTTA CEO 35.00 X 175382 0 51161 WALTER PHINNEY CHIEF OPERATING OFFICER 35.00 X 134962 0 24294 STEPHEN FERRIS CHIEF FINANCIAL OFFICER 35.00 X 125228 0 41179 ANNE VAN VLECK CHIEF DEVELOPMENT OFFICER 35.00 X 120739 0 9330 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 556311 0 125964 4 0 1 0 EAST COAST MODULAR HOMES 3129 COUNTY STREET SOMERSET MA 02726 HDD CONTRACTOR 1066100 CAPE SAVE 7 HUNTINGTON AVE C SOUTH YARMOUTH MA 02664 ENERGY CONTRACTOR 305787 SMOC-ENERGY 7 BISHOP STREET FRAMINGHAM MA 01702 ENERGY CONTRACTOR 293151 FRONTIER ENERGY 139 QUEEN ANNE ROAD UNIT 6 HARWICH MA 02645 ENERGY CONTRACTOR 198986 BEST CLIMATE CONTROL 21 TELEGRAPH HILL RD SANDWICH MA 02563 ENERGY CONTRACTOR 180477 5 75828 26287055 2121102 28483985 LOW INCOME RENTAL HOUSING 624200 1240392 1240392 MEDICAID 624200 916377 916377 ENERGY EFFICIENCY SERVICES 624200 881032 881032 ADMINISTRATION FEES 624200 196954 196954 ADDITIONAL PROGRAM REVENUE 624200 46422 46422 3281177 112246 112246 37335 -37335 -37335 -37335 31840073 3281177 0 74911 19273595 19273595 395451 395451 5104754 3980870 664819 459065 183108 155729 13037 14342 1260841 1034133 131471 95237 527561 389108 94166 44287 25824 6202 17837 1785 66603 1200 65403 16080 16080 411204 201990 151065 58149 2226 1052 871 303 116916 30988 78077 7851 50133 23699 19611 6823 1244026 1088243 132964 22819 78643 76190 2413 40 499087 478299 20788 PROGRAM SUPPORT AND SUP 902777 735803 47081 119893 STAFF TRAINING 112580 68923 36032 7625 MEALS 52650 48681 1676 2293 30324059 27594705 1888842 840512 2985452 3466909 1079064 1304642 809828 1426793 98176 100056 19055881 7309848 11974470 11746033 2513988 5407190 19460978 23451623 1136046 1500461 1401813 1504038 53675 67186 6423188 6934509 1929271 3412411 10943993 13418605 X 8000307 9443283 516678 589735 8516985 10033018 19460978 23451623 1516014 19 0 X 0 1 X 1 1 1 X 21731716 20944056 21947192 23999492 28483985 117106441 21731716 20944056 21947192 23999492 28483985 117106441 117106441 4039 5611 14316 5770 112246 141982 117248423 16531734 0.99880 0.99970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16080 16080 30307979 30324059 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 15000 25800 16080 16080 72960 250000 250000 250000 250000 1000000 1500000 15000 25800 16080 16080 72960 0 1 X 3530322 3530322 11265306 4442172 6823134 3488245 2194740 1293505 330720 330720 0 441288 342216 99072 11746033 MISC RESERVES AND RESTRICTED CASH 5407190 5407190 ESCROW ACCOUNTS 256734 ADVANCES 3155677 3412411 PART IV, LINE 2B: THE CORPORATION HAS A POLICY TO COLLECT SECURITY DEPOSITS. AS OF JUNE 30, 2021 SECURITY DEPOSITS TOTALED $67,186. 1 RENTAL ASSISTANCE 1343 13714490 STABILIZATION SERVICES 728 3346816 RESIDENTIAL ENERGY EFFICIENCY 1148 2212289 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 0 0 ALISA MAGNOTTA CEO 175382 0 0 0 0 0 10071 0 41090 0 226543 0 0 0 WALTER PHINNEY CHIEF OPERATING OFFICER 134962 0 0 0 0 0 9318 0 14976 0 159256 0 0 0 STEPHEN FERRIS CHIEF FINANCIAL OFFICER 125228 0 0 0 0 0 6822 0 34357 0 166407 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS DURING THE YEAR. THEY WERE AMENDED TO UPDATE THE MINIMUM NUMBER OF BOARD MEMBERS TO NOT LESS THAN ELEVEN (11). 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 142730 2776476 HOUSING ASSISTANCE CORPORATION HAC LOFTS LLC 460 WEST MAIN STREET HYANNIS MA 02601 AFFORDABLE HOUSING MA 0 0 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