2017-08-15T13:45:57-05:00 2016-09-30 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2015-10-01 520939288 HOUSING ASSISTANCE COUNCIL HOUS 2028428600 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 MOISES LOZA EXECUTIVE DIRECTOR 2028428600 2017-08-15 1 FRANK H SMITH P00639053 2028225000 2017-08-15 2015 2021-01-29 14:40:06Z MOISES LOZA 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 31458761 0 X WWW.RURALHOME.ORG X 1971 DC TO IMPROVE HOUSING CONDITIONS FOR THE POOREST OF THE POOR IN THE MOST RURAL PLACES. 25 22 37 22 0 0 9251725 5200416 858950 855140 346296 151477 18670 62181 10475641 6269214 135133 45964 0 0 3551828 3056424 0 0 67820 9055237 5822362 12742198 8924750 -2266557 -2655536 52684388 48300376 14333345 12363025 38351043 35937351 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 5161382 762149 LENDING PROGRAM - THE TASKS UNDERTAKEN IN FY 2016 WERE LENDING TO LOW-INCOME HOUSING PROJECTS AND ADMINISTERING SEVERAL REVOLVING LOAN FUNDS FOR LOW-INCOME HOUSING PROJECTS. 1790831 45964 92975 TRAINING AND TECHNICAL ASSISTANCE - HAC ALSO PROVIDED TRAINING AND TECHNICAL ASSISTANCE ON RURAL HOUSING ISSUES TO VARIOUS COMMUNITY GROUPS THROUGHOUT THE US. 861966 16 RESEARCH AND INFORMATION - RESEARCH ON SUBJECTS RELATED TO THE HOUSING CONDITIONS OF THE RURAL POOR. 7814179 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 16 0 1 37 1 0 0 0 0 0 0 0 0 0 0 X 25 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THEODORE RUSSELL 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 221726 0 48129 GIDEON ANDERS BOARD OF DIRECTOR 0.80 0.10 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 DAVE LOLLIS BOARD OF DIRECTOR - UNTIL 11/2015 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 PEDRO RODRIGUEZ BOARD OF DIRECTOR - UNTIL 11/2015 0.60 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 LOAN FUND DIRECTOR/ ASST. SECRETARY 40.00 0.10 X 139039 0 25657 TRAVIS GEORGE ASSISTANT SECRETARY 40.00 X 122746 0 16758 THEODORE RUSSELL ASST. TREASURER/DIRECTOR 40.00 X 89490 0 17861 573001 0 108405 3 0 1 0 0 5195813 4603 5200416 LOAN INTEREST INC. & SERVICE FEES 900099 762149 762149 CONFERENCE REGISTRATION & SUPPORT 900099 92975 92975 PUBLICATIONS & SUBSCRIPTIONS 900099 16 16 855140 368764 368764 24972260 25189547 -217287 -217287 -217287 DISCHARGE OF INDEBTEDNESS 900099 62181 62181 62181 6269214 855140 0 213658 45964 45964 662755 536734 100690 25331 1272169 1014284 254277 3608 90930 77612 12953 365 847084 624296 206798 15990 183486 141142 42344 26752 26752 74863 74863 182633 118711 63922 34861 34861 547666 539166 8500 255532 250496 5036 107306 73532 33774 454696 337789 110910 5997 136794 24718 112076 7453 7453 233401 224484 8917 98507 64030 34477 GRANT CONVERSION EXP. 4077981 4077981 REPAYMENTS TO HUD 545218 545218 MISCELLANEOUS 56769 53776 2993 PROVISION FOR LOAN LOSS -1018070 -1018070 8924750 7814179 1042751 67820 514689 853546 5769879 8542189 870472 782862 17563262 16501422 21867 10274 918772 128051 856727 790721 26108511 19832327 457035 459157 521946 527878 52684388 48300376 528880 589246 51420 0 12671 11143 6338264 6552407 7401667 4968334 443 241895 14333345 12363025 X 7739416 6444911 18000791 16881604 12610836 12610836 38351043 35937351 52684388 48300376 X -2655536 424424 -182580 X 0 1 X 1 1 1 X 10159521 12953119 7861988 9251725 5200416 45426769 10159521 12953119 7861988 9251725 5200416 45426769 45426769 665197 633552 348293 335627 368764 2351433 7315 7315 47785517 4414505 0.95060 0.96170 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2011 AMOUNT: $ 0. 2012 AMOUNT: $ 0. 2013 AMOUNT: $ 0. 2014 AMOUNT: $ 7,315. 2015 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 26230 0 0 26230 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 AND STAFF TO PROVIDE (A) INFORMATION ON RURAL HOUSING PROGRAMS AND OTHER RURAL ISSUES, AND (B) TESTIMONY ON RURAL HOUSING NEEDS AND PROGRAMS. 790721 790721 128051 128051 0 790721 PAYABLE TO PARTNERSHIP 443 DEFERRED RENT AND LEASE INCENTIVES 241452 241895 X 6476197 424424 -182580 241844 6234353 34861 34861 6269214 8889889 0 8889889 34861 34861 8924750 PART X, LINE 2: MANAGEMENT OF HAC BELIEVES THAT IT HAS NO MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAXES IN ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON LAND FORECLOSURE -182,580. 1 COMMUNITY ACTION NETWORK INC 3975 COPPER SPRINGS ROAD SPRINGVILLE TN 38256 611492579 501(C)(3) 5897 PROJECT DEVELOPMENT PROYECTO AZTECA PO BOX 27 SAN JUAN TX 78589 742609516 501(C)(3) 5600 PROJECT DEVELOPMENT 2 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 221726 0 0 0 0 0 11086 0 37043 0 269855 0 0 0 KARIN KLUSMANN LOAN FUND DIRECTOR/ ASST. SECRETARY 139039 0 0 0 0 0 6952 0 18705 0 164696 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 6591 0 1 1 LESLIE STRAUSS FORMER BOARD MEMBER TO FUND LOAN FUNDS X 1000 1000 0 1 1 11143 FORM 990, PART VI, SECTION B, LINE 11 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 DIRECTOR OF FINANCE AND ADMINISTRATION 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 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. 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. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON LAND FORCLOSURE -182,580. 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