2018-05-30T10:58:36-05:00 2017-09-30 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2016-10-01 520939288 HOUSING ASSISTANCE COUNCIL HOUS 2028428600 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 DAVID LIPSETZ EXECUTIVE DIRECTOR 2028428600 2018-05-30 1 FRANK H SMITH P00639053 2028225000 2018-05-30 2016 2022-09-23 18:48:47Z DAVID LIPSETZ 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 21916570 0 X WWW.RURALHOME.ORG X 1971 DC TO IMPROVE HOUSING CONDITIONS FOR THE POOREST OF THE POOR IN THE MOST RURAL PLACES. 27 24 34 24 0 0 5200416 4797501 855140 1168055 151477 261944 62181 9115 6269214 6236615 45964 224111 0 0 3056424 3215478 0 0 74467 5822362 3023873 8924750 6463462 -2655536 -226847 48300376 41287954 12363025 10279511 35937351 31008443 X THE EXEMPT PURPOSE IS TO IMPROVE HOUSING CONDITIONS FOR THE RURAL POOR, WITH EMPHASIS ON THE POOREST OF THE POOR IN THE MOST RURAL PLACES. HOUSING ASSISTANCE COUNCIL (HAC) HELPS LOCAL PUBLIC, PRIVATE AND NONPROFIT ORGANIZATIONS BUILD AFFORDABLE HOMES IN RURAL AMERICA BY PROVIDING BELOW-MARKET FINANCING, TECHNICAL ASSISTANCE, RESEARCH, TRAINING AND INFORMATION SERVICES. 0 0 2401002 224111 343601 TRAINING AND TECHNICAL ASSISTANCE - HAC ALSO PROVIDED TRAINING AND TECHNICAL ASSISTANCE ON RURAL HOUSING ISSUES TO VARIOUS COMMUNITY GROUPS THROUGHOUT THE US. 1550554 824438 LENDING PROGRAM - FINANCING OF AFFORDABLE HOUSING PROJECTS THAT SERVE LOW-INCOME, RURAL RESIDENTS AND ADMINISTERING SEVERAL REVOLVING LOAN FUNDS TO PROMOTE AFFORDABLE HOUSING. 881488 16 RESEARCH AND INFORMATION - RESEARCH ON SUBJECTS RELATED TO THE HOUSING CONDITIONS OF THE RURAL POOR. 4833044 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 8 0 1 34 1 0 0 0 0 0 0 0 0 0 0 X 27 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KARIN KLUSMANN 2028428600 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 ANDY BIAS BOARD CHAIR 0.60 0.10 X X 0 0 0 MARIA LUISA MERCADO SECRETARY 0.30 X X 0 0 0 JANAKA CASPER TREASURER 0.60 0.10 X X 0 0 0 PETER CAREY PRESIDENT 0.60 0.10 X X 0 0 0 SWYNICE HAWKINS VICE PRESIDENT 0.60 X X 0 0 0 MOISES LOZA EXECUTIVE DIRECTOR 40.00 0.10 X X 245726 0 42457 GIDEON ANDERS BOARD OF DIRECTOR 0.80 X 0 0 0 LAURA BUXBAUM BOARD OF DIRECTOR 0.60 X 0 0 0 ROBERT CALVILLO BOARD OF DIRECTOR 0.80 X 0 0 0 SANDRA FERNIZA BOARD OF DIRECTOR 0.60 X 0 0 0 MARVIN GINN BOARD OF DIRECTOR 1.00 X 0 0 0 NINFA R GUTIERREZ BOARD OF DIRECTOR 0.30 0.10 X 0 0 0 ILENE JACOBS BOARD OF DIRECTOR 0.60 X 0 0 0 LENIN JUAREZ BOARD OF DIRECTOR 0.30 X 0 0 0 ARTURO LOPEZ BOARD OF DIRECTOR 0.60 X 0 0 0 TOM MANNING-BEAVIN BOARD OF DIRECTOR 0.30 X 0 0 0 TWILA MARTIN-KEKAHBAH BOARD OF DIRECTOR 0.60 X 0 0 0 POLLY NICHOL BOARD OF DIRECTOR 1.00 0.10 X 0 0 0 ANDRES SAAVEDRA BOARD OF DIRECTOR 0.50 X 0 0 0 NAOMI WOODSON SCIPIO BOARD OF DIRECTOR 0.60 X 0 0 0 IRENE SIKELIANOS BOARD OF DIRECTOR 0.60 X 0 0 0 BENNIE THOMPSON BOARD OF DIRECTOR 0.10 X 0 0 0 DAZETTA THORNE BOARD OF DIRECTOR 0.60 X 0 0 0 LAURIETTE WEST-HOFF BOARD OF DIRECTOR 1.00 0.10 X 0 0 0 PEGGY WRIGHT BOARD OF DIRECTOR 0.60 X 0 0 0 KARIN KLUSMANN ASST. SEC./TREAS./LOAN FUND DIR. 40.00 0.10 X 146839 0 39432 TRAVIS GEORGE ASST. SEC./RESEARCH & INFO. DIR. 40.00 X 129420 0 27846 THEODORE RUSSELL ASST. TREASURER/FIN. & ADMIN. DIR. 40.00 X 95569 0 32086 617554 0 141821 3 0 1 0 BUILD CONSULTING LLC 1107 BATTLEWOOD STREET FRANKLIN TN 37069 IT CONSULTING 111759 1 3208236 1589265 4797501 LOAN INTEREST INC. & SERVICE FEES 900099 824438 824438 CONFERENCE REGISTRATION & SUPPORT 900099 343601 343601 PUBLICATIONS & SUBSCRIPTIONS 900099 16 16 1168055 261976 261976 15679923 15679955 -32 -32 -32 GAIN ON SUBSIDIARY 900099 6905 6905 REFUND 900099 2210 2210 9115 6236615 1168055 0 271059 224111 224111 761406 463740 280398 17268 1454807 1134371 301637 18799 76961 59800 16153 1008 756070 569614 174995 11461 166234 121426 42161 2647 67129 49934 17050 145 41474 30850 10534 90 214613 159640 54509 464 30000 30000 38081 1630 36451 507511 399828 106522 1161 322758 217912 98499 6347 296382 220465 75277 640 535394 375145 150783 9466 166932 45455 121477 464569 464569 139210 137182 2028 63686 60310 2713 663 GRANT CONVERSION EXP. 1195335 1195335 REPAYMENTS TO HUD 706000 706000 MISCELLANEOUS 39780 708 34764 4308 RED. IN LOAN LOSS RSV. -1804981 -1804981 6463462 4833044 1555951 74467 853546 97337 8542189 4711550 782862 1960121 16501422 10095155 10274 6827 809346 34447 790721 774899 19832327 22782664 459157 466062 527878 393339 48300376 41287954 589246 798879 11143 10275 6552407 6528880 4968334 2497077 241895 444400 12363025 10279511 X 6444911 4842372 16881604 13555235 12610836 12610836 35937351 31008443 48300376 41287954 -226847 207764 -4909825 0 X 0 1 X 1 1 1 X 12953119 7861988 9251725 5200416 4797501 40064749 12953119 7861988 9251725 5200416 4797501 40064749 40064749 633552 348293 335627 368764 261976 1948212 7315 6905 14220 42027181 4788630 0.95330 0.95060 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2012 AMOUNT: $ 0. 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 7,315. 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 0. GAIN ON SUBSIDIARY - 2012 AMOUNT: $ 0. 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 0. 2015 AMOUNT: $ 0. 2016 AMOUNT: $ 6,905. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 55744 0 0 55744 0 PART II-B, LINE 1: HAC STAFF HELD VARIOUS MEETINGS WITH CONGRESSIONAL STAFF TO ADVOCATE FOR THE FEDERAL RURAL HOUSING PROGRAMS, SOME OF WHICH HAC APPLIES TO FOR FUNDING. HAC STAFF RESPONDED TO INQUIRIES FROM CONGRESSIONAL MEMBERS & STAFF TO PROVIDE (A) INFORMATION ON RURAL HOUSING PROGRAMS & OTHER RURAL ISSUES, & (B) TESTIMONY ON RURAL HOUSING NEEDS & PROGRAMS. 751315 751315 58031 34447 23584 774899 PAYABLE TO PARTNERSHIP 443 DEFERRED RENT AND LEASE INCENTIVES 443957 444400 X 6444379 207764 207764 6236615 0 6236615 6463462 0 6463462 0 6463462 PART X, LINE 2: MANAGEMENT OF HAC BELIEVES THAT IT HAS NO MATERIAL UNCERTAINTY IN INCOME TAXES AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAXES IN ITS FINANCIAL STATEMENTS. 1 BAD RIVER HOUSING AUTHORITY PO BOX 57 ODANAH WI 54861 063561963 501(C)(3) 24000 PROJECT DEVELOPMENT NEIGHBORWORKS UMPQUA 605 SE KANE ROSEBURG OR 97470 931057208 501(C)(3) 24000 PROJECT DEVELOPMENT NORTHEAST COMMUNITY ACTION CORPORATION 16 NORTH COURT STREET BOWLING GREEN MO 63334 431017571 501(C)(3) 24000 PROJECT DEVELOPMENT NORTHWEST REGIONAL HOUSING AUTHORITY 317 INDUSTRIAL PARK ROAD HARRISON AR 72601 710548969 501(C)(3) 25000 PROJECT DEVELOPMENT OCEAN INC 40 WASHINGTON STREET TOM RIVER NJ 087541029 221804345 501(C)(3) 24000 PROJECT DEVELOPMENT OPEN HANDS OUTREACH PROGRAM 204 W CENTRAL AVENUE COOLIDGE AZ 85128 460948519 501(C)(3) 11380 PROJECT DEVELOPMENT THE VETERAN'S PLACE INC 220 VINE STREET NORTHFIELD VT 05663 261458295 501(C)(3) 24000 PROJECT DEVELOPMENT WESTERN MAINE COMMUNITY ACTION PO BOX 200 EAST WILTON ME 04234 010275156 501(C)(3) 24000 PROJECT DEVELOPMENT WHITE MOUNTAIN APACHE HOUSING AUTHORITY PO BOX 1270 WHITERIVER AZ 859411270 860194403 501(C)(3) 24000 PROJECT DEVELOPMENT 9 0 PART I, LINE 2: HAC PROVIDES SUB-AWARD GRANTS TO RECIPIENTS THAT MEET CERTAIN PERFORMANCE AND/OR QUALIFICATIONS FOR UTILIZING THE FUND TO ENHANCE AND BOLSTER THEIR PROGRAMS. MONITORING IS PERFORMED REMOTELY THROUGH REPORTING AND PHONE INTERVIEWS. X X X 0 0 0 0 0 0 0 0 0 MOISES LOZA EXECUTIVE DIRECTOR 245726 0 0 0 0 0 11864 0 30593 0 288183 0 0 0 KARIN KLUSMANN ASST. SEC./TREAS./LOAN FUND DIR. 146839 0 0 0 0 0 7458 0 31974 0 186271 0 0 0 TRAVIS GEORGE ASST. SEC./RESEARCH & INFO. DIR. 129420 0 0 0 0 0 6415 0 21431 0 157266 0 0 0 GIDEON ANDERS BOARD MEMBER TO FUND LOAN FUNDS X 1016 1021 0 1 1 JOSEPH BELDEN FORMER ASSISTANT SECRETARY TO FUND LOAN FUNDS X 1195 1316 0 1 1 MARIA MERCADO SECRETARY TO FUND LOAN FUNDS X 1171 1215 0 1 1 MOISES LOZA EXECUTIVE DIRECTOR TO FUND LOAN FUNDS X 6337 6723 0 1 1 10275 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 TAX RETURN FOR HAC IS PREPARED BY AN INDEPENDENT AUDITING FIRM WHO ALSO CONDUCTS THE ANNUAL FINANCIAL AUDIT OF HAC. THE TAX RETURN IS REVIEWED BY HAC'S FINANCE & ADMINISTRATION DIRECTOR AND BY HAC'S EXECUTIVE DIRECTOR. THE TAX RETURN IS ALSO SUBJECTED TO REVIEWS BY HAC'S BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN AN ANNUAL STATEMENT. THE EXECUTIVE DIRECTOR OR HIS DESIGNEE SHALL REVIEW ALL STATEMENTS SUBMITTED. INTERESTED PERSONS (BOARD AND STAFF) THAT HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST MUST DISCLOSE THE NATURE/FACTS OF THE CONFLICT. ON TRANSACTIONS THAT WILL BE CONDUCTED WITH RELATIONSHIPS THAT MIGHT INVOLVE PARTIES THAT COULD BE CONSTRUED AS CONFLICT OF INTEREST, STAFF AND MANAGEMENT WILL DISCUSS WITH LEGAL COUNSEL, AND/OR THE BOARD OF DIRECTORS SUCH POTENTIAL CONFLICTS OF INTEREST PRIOR TO ENTERING INTO ANY SUCH AGREEMENTS OR NEEDING APPROVAL FOR SUCH EVENTS. STAFF WILL PRIMARILY DETERMINE WHETHER THE ORGANIZATION CREATES A POTENTIAL CONFLICT OF INTEREST. A DISCUSSION WILL BE HELD WITH THE MANAGEMENT AND VERIFIED BY A LEGAL COUNSEL IF A NEW TRANSACTION TYPE ARISES. FOR BOARD MEMBERS, SUCH DISCLOSURES ARE PUT IN WRITING BY THE BOARD MEMBERS AND RETAINED BY MANAGEMENT. IF THE BOARD OF DIRECTORS OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OF DIRECTORS OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION SUCH AS DISQUALIFYING THE EMPLOYEE FOR PARTICULAR ASSIGNMENTS AND SEPARATION. FORM 990, PART VI, SECTION B, LINE 15A THERE IS AN ANNUAL EVALUATION CONDUCTED FOR ALL KEY PERSONNEL BY THE EXECUTIVE DIRECTOR. FOR THE EXECUTIVE DIRECTOR, AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS EVALUATES THIS POSITION. FOR ALL POSITIONS, THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS ARE AFFORDED A REGIONAL ANNUAL COMPENSATION SURVEY OF KEY POSITIONS TO DETERMINE THE FAIRNESS AND COMPARABLE RATES BASED ON SIZE AND BUDGET OF SIMILAR ORGANIZATIONS. FOR KEY PERSONNEL, THE EXECUTIVE DIRECTOR MAKES COMPENSATION ADJUSTMENTS BASED ON MERIT OR COLA. FOR THE EXECUTIVE DIRECTOR, THE EXECUTIVE COMPENSATION COMMITTEE MEETS AT LEAST ANNUALLY TO RECOMMEND COMPENSATION ADJUSTMENTS TO THE EXECUTIVE DIRECTOR'S SALARY. ADJUSTMENTS TO ALL PERSONNEL COMPENSATION ARE INCORPORATED INTO THE ANNUAL OPERATING BUDGET. AS PART OF THE BUDGET PRESENTATION, MANAGEMENT REPORTS ON COMPENSATION ADJUSTMENTS TO PERSONNEL LINE ITEM COSTS TO THE BOARD FINANCE COMMITTEE, THEN TO THE ENTIRE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS IS AFFORDED OPPORTUNITY TO RAISE QUESTIONS IF NECESSARY. COMPENSATION ADJUSTMENTS TO THE EXECUTIVE DIRECTOR'S COMPENSATION ARE PRESENTED BY THE EXECUTIVE COMPENSATION COMMITTEE TO THE FULL BOARD OF DIRECTORS, IN EXECUTIVE SESSION, FOR APPROVAL. MINUTES ARE TAKEN OF THE EXECUTIVE COMMITTEE MEETING AND HELD BY HAC'S GENERAL COUNSEL. FORM 990, PART VI, SECTION C, LINE 19 HAC PROVIDES ITS GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY UPON REQUEST. THE ANNUAL FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BOTH THROUGH ANNUAL REPORT AND ALSO UPON REQUEST. RURAL HOUSING SERVICES INC 1025 VERMONT STREET NW WASHINGTON DC 20005 521306869 TO PROMOTE THE SOCIAL WELFARE OF LOW-INCOME PERSONS IN RURAL AREAS DC 501(C)(4) N/A HAC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0