HOUSING ASSISTANCE COUNCIL: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- HOUSING ASSISTANCE COUNCIL (EIN 52-0939288)
- Tax period
- 2014-10-01 to 2015-09-30
- Filed
- 2016-08-12
- IRS object ID
- 201622259349302622
- Schema version
- 2014v6.0
- Note
- A later return for the same period supersedes this one.
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-12T12:06:12-05:00 | ReturnTs |
| Tax Period End | 2015-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521511275 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAFFA PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L STREET NW SUITE 850 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520939288 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOUSING ASSISTANCE COUNCIL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOUS | BusinessNameControlTxt |
| Phone | 2028428600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 VERMONT AVENUE NW NO 606 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MOISES LOZA | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2028428600 | PhoneNum |
| Signature | 2016-08-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK H SMITH | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2028225000 | PhoneNum |
| Preparation | 2016-08-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MOISES LOZA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 VERMONT AVENUE NW NO 606 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $35,340,410 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RURALHOME.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1971 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | TO IMPROVE HOUSING CONDITIONS FOR POOREST OF THE POOR IN THE MOST RURAL PLACES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 40 | TotalEmployeeCnt |
| Total Volunteers | 21 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,861,988 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,291,211 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,009,637 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $946,950 | CYProgramServiceRevenueAmt |
| PY Investment Income | $294,770 | PYInvestmentIncomeAmt |
| CY Investment Income | $346,769 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $9,166,395 | PYTotalRevenueAmt |
| CY Total Revenue | $10,584,930 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,694,069 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,551,833 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,453,691 | PYOtherExpensesAmt |
| CY Other Expenses | $8,141,695 | CYOtherExpensesAmt |
| PY Total Expenses | $10,147,760 | PYTotalExpensesAmt |
| CY Total Expenses | $11,693,528 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$981,365 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,108,598 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $58,474,517 | TotalAssetsBOYAmt |
| Total Assets EOY | $55,470,143 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,097,815 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,356,993 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $41,376,702 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,113,150 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $10,590,455 | ExpenseAmt |
| Revenue | $1,154,782 | RevenueAmt |
| Desc | THE TASKS UNDERTAKEN IN FY 2015 WERE LENDING TO LOW-INCOME HOUSING PROJECTS AND ADMINISTERING SEVERAL REVOLVING LOAN FUNDS FOR LOW-INCOME HOUSING PROJECTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $131,700 | RevenueAmt |
| Desc | THE ORGANIZATION ALSO PROVIDED TRAINING AND TECHNICAL ASSISTANCE ON RURAL HOUSING ISSUES TO VARIOUS COMMUNITY GROUPS THROUGHOUT THE US. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $64 | RevenueAmt |
| Desc | RESEARCH ON SUBJECTS RELATED TO THE HOUSING CONDITIONS OF THE RURAL POOR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $10,590,455 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 40 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2028428600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 VERMONT AVENUE NW NO 606 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| POLLY NICHOL | |||||||
| BOARD CHAIR | 1.00 | 0.10 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ANDREW BIAS | |||||||
| PRESIDENT | 0.60 | 0.10 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MOISES LOZA | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.10 | Yes (X) | Yes (X) | $264,452 | $0 | $10,990 |
| RICHARD TUCKER | |||||||
| TREASURER | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PETER CAREY | |||||||
| VICE PRESIDENT | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SWYNICE HAWKINS | |||||||
| SECRETARY | 0.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GIDEON ANDERS | |||||||
| BOARD OF DIRECTOR | 0.80 | 0.10 | Yes (X) | $0 | $0 | $0 | |
| ROBERT CALVILLO | |||||||
| BOARD OF DIRECTOR | 0.80 | Yes (X) | $0 | $0 | $0 | ||
| JANAKA CASPER | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| SANDRA FERNIZA | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| MARVIN GINN | |||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NINFA GUTIERREZ | |||||||
| BOARD OF DIRECTOR | 0.30 | 0.10 | Yes (X) | $0 | $0 | $0 | |
| ILENE JACOBS | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| LENIN JUAREZ | |||||||
| BOARD OF DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| DAVE LOLLIS | |||||||
| BOARD OF DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| ARTURO LOPEZ | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| TWILA MARTIN-KEKAHBAH | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| MARIA LUISA MERCADO | |||||||
| BOARD OF DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM POWERS | |||||||
| BOARD OF DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| PEDRO RODRIGUEZ | |||||||
| BOARD OF DIRECTOR | 0.60 | 0.10 | Yes (X) | $0 | $0 | $0 | |
| IRENE SIKELIANOS | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| THE HON BENNIE THOMPSON | |||||||
| BOARD OF DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| DAZETTA THORNE | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| LAURIETTE WEST-HOFF | |||||||
| BOARD OF DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PEGGY WRIGHT | |||||||
| BOARD OF DIRECTOR | 0.60 | Yes (X) | $0 | $0 | $0 | ||
| KARIN KLUSMANN | |||||||
| LOAN FUND DIRECTOR/ ASST. SECRETARY | 40.00 | 0.10 | Yes (X) | $131,621 | $0 | $5,827 | |
| JOSEPH BELDEN | |||||||
| ASSISTANT SECRETARY | 40.00 | Yes (X) | $183,723 | $0 | $8,288 | ||
| THEODORE RUSSELL | |||||||
| ASST. TREASURER/DIRECTOR | 40.00 | Yes (X) | $97,391 | $0 | $4,332 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $677,187 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $29,437 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $9,288,542 | GovernmentGrantsAmt |
| All Other Contributions | $2,669 | AllOtherContributionsAmt |
| Total Contributions | $9,291,211 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INTEREST & FEES | 900099 | $786,060 | $786,060 |
| CONFERENCES | 900099 | $131,700 | $131,700 |
| OTHER INCOME | 900099 | $29,126 | $29,126 |
| PUBLICATIONS & WORKSHOPS | 900099 | $64 | $64 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $946,950 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $339,596 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $339,596 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,762,653 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,755,480 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,173 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,173 | TotalRevenueColumnAmt |
| Exclusion | $7,173 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,584,930 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,286,546 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,173 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $730,212 | TotalAmt |
| Program Services | $576,867 | ProgramServicesAmt |
| Management And General | $153,345 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,581,172 | TotalAmt |
| Program Services | $1,249,126 | ProgramServicesAmt |
| Management And General | $332,046 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,527 | TotalAmt |
| Program Services | $101,222 | ProgramServicesAmt |
| Management And General | $25,305 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $924,148 | TotalAmt |
| Program Services | $741,217 | ProgramServicesAmt |
| Management And General | $182,931 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,774 | TotalAmt |
| Program Services | $149,921 | ProgramServicesAmt |
| Management And General | $39,853 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,557 | TotalAmt |
| Program Services | $25,720 | ProgramServicesAmt |
| Management And General | $6,837 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,533 | TotalAmt |
| Program Services | $95,221 | ProgramServicesAmt |
| Management And General | $25,312 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,584 | TotalAmt |
| Management And General | $15,584 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,237,974 | TotalAmt |
| Program Services | $1,198,538 | ProgramServicesAmt |
| Management And General | $39,436 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,671 | TotalAmt |
| Program Services | $189,868 | ProgramServicesAmt |
| Management And General | $61,803 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,495 | TotalAmt |
| Program Services | $114,010 | ProgramServicesAmt |
| Management And General | $26,485 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $543,951 | TotalAmt |
| Program Services | $422,445 | ProgramServicesAmt |
| Management And General | $121,506 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,680 | TotalAmt |
| Program Services | $203,727 | ProgramServicesAmt |
| Management And General | $34,953 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,945 | TotalAmt |
| Program Services | $281,945 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,625 | TotalAmt |
| Program Services | $268,625 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,905 | TotalAmt |
| Program Services | $3,107 | ProgramServicesAmt |
| Management And General | $798 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,781 | TotalAmt |
| Program Services | $59,044 | ProgramServicesAmt |
| Management And General | $10,737 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| GRANT CONVERSION EXPENS | $4,499,181 | $4,499,181 | |
| PROVISION FOR LOAN LOSS | $177,194 | $177,194 | |
| PASS-THROUGHS | $135,133 | $135,133 | |
| MISCELLANEOUS | $124,486 | $98,344 | $26,142 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,693,528 | TotalAmt |
| Program Services | $10,590,455 | ProgramServicesAmt |
| Management And General | $1,103,073 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,365 | BOYAmt |
| EOY | $833,397 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,821,572 | BOYAmt |
| EOY | $2,103,766 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $865,353 | BOYAmt |
| EOY | $957,888 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,811,365 | BOYAmt |
| EOY | $20,060,648 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,240 | BOYAmt |
| EOY | -$1,431 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,170,186 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $128,051 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,905 | BOYAmt |
| EOY | $1,042,135 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,893,112 | BOYAmt |
| EOY | $29,978,836 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,304,722 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $635,883 | BOYAmt |
| EOY | $494,904 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,474,517 | BOYAmt |
| EOY | $55,470,143 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $683,467 | BOYAmt |
| EOY | $552,528 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,420 | BOYAmt |
| EOY | $51,420 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,160 | BOYAmt |
| EOY | $12,671 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,349,325 | BOYAmt |
| EOY | $13,739,931 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $443 | BOYAmt |
| EOY | $443 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,097,815 | BOYAmt |
| EOY | $14,356,993 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,498,046 | BOYAmt |
| EOY | $9,705,435 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,267,820 | BOYAmt |
| EOY | $19,386,879 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,610,836 | BOYAmt |
| EOY | $12,020,836 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,376,702 | BOYAmt |
| EOY | $41,113,150 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,474,517 | BOYAmt |
| EOY | $55,470,143 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,108,598 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$672,733 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,517,779 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | 0 | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,239,508 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,159,521 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,953,119 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,861,988 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,291,211 | CurrentTaxYearAmt |
| Total | $54,505,347 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,239,508 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,159,521 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,953,119 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,861,988 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,291,211 | CurrentTaxYearAmt |
| Total | $54,505,347 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $54,505,347 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $178,511 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $665,197 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $633,552 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $348,293 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $339,596 | CurrentTaxYearAmt |
| Total | $2,165,149 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $56,670,496 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,282,112 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.96180 | PublicSupportCY170Pct |
| Public Support PY170 | 0.96650 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $15,585 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $15,585 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | STAFF HELD VARIOUS MEETINGS WITH CONGRESSIONAL STAFF ADVOCATING FOR 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. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,042,135 | InvestmentCostOrOtherBasisAmt |
| Book Value | $1,042,135 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $128,051 | OtherCostOrOtherBasisAmt |
| Depreciation | $128,051 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,042,135 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| CERTIFICATE OF DEPOSITS | $29,449,833 | F |
| INVESTMENT IN SUBSIDIARY | $529,003 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $29,978,836 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYABLE TO PARTNERSHIP | Desc |
| Amt | $443 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $443 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $9,912,197 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$672,733 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$672,733 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,584,930 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,584,930 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,693,528 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,693,528 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,693,528 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOISES LOZA | ||||||||||||||
| EXECUTIVE DIRECTOR | $251,442 | $0 | $10,246 | $0 | $2,764 | $0 | $10,990 | $0 | $0 | $0 | $275,442 | $0 | $0 | $0 |
| JOSEPH BELDEN | ||||||||||||||
| ASSISTANT SECRETARY | $168,094 | $0 | $0 | $0 | $15,629 | $0 | $8,288 | $0 | $0 | $0 | $192,011 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (5 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| GIDEON ANDERS | |||||||
| BOARD MEMBER | TO FUND LOAN FUNDS | Yes (X) | $1,016 | $1,016 | 0 | Yes (1) | Yes (1) |
| JOSEPH BELDEN | |||||||
| ASSISTANT SECRETARY | TO FUND LOAN FUNDS | Yes (X) | $1,195 | $1,316 | 0 | Yes (1) | Yes (1) |
| MARIA MERCADO | |||||||
| BOARD MEMBER | TO FUND LOAN FUNDS | Yes (X) | $1,171 | $1,215 | 0 | Yes (1) | Yes (1) |
| MOISES LOZA | |||||||
| BOARD MEMBER | TO FUND LOAN FUNDS | Yes (X) | $6,337 | $6,591 | 0 | Yes (1) | Yes (1) |
| WILLIAM POWERS | |||||||
| BOARD MEMBER | TO FUND LOAN FUNDS | Yes (X) | $2,440 | $2,533 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $12,671 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FEDERAL FORM 990 TAX RETURN FOR THE HOUSING ASSISTANCE COUNCIL (HAC) IS PREPARED BY AN INDEPENDENT AUDITING FIRM WHICH 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 BEFORE IT IS FILED WITH THE IRS. |
| 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 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 POSSESSES 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 DIRECTORS EVALUATES THIS POSITION. FOR ALL POSITIONS, THE EXECUTIVE DIRECTOR AND BOARD ARE AFFORDED A REGIONAL ANNUAL COMPENSATION SURVEY OF KEY POSITIONS TO DETERMINE THE FAIRNESS AND COMPARABLE RATES BASED ON SIZE AND BUDGET OF ORGANIZATIONS. FOR KEY PERSONNEL, 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 EXECUTIVE DIRECTOR'S SALARY. ADJUSTMENTS TO ALL PERSONNEL COMPENSATION ARE INCORPORATED INTO ANNUAL OPERATING BUDGET. AS PART OF PRESENTATION OF BUDGET, MANAGEMENT REPORTS ON COMPENSATION ADJUSTMENTS TO PERSONNEL LINE ITEM COST TO BOARD FINANCE COMMITTEE, THEN TO ENTIRE BOARD OF DIRECTORS. BOARD IS AFFORDED OPPORTUNITY TO RAISE QUESTIONS IF NECESSARY. COMPENSATION ADJUSTMENTS TO EXECUTIVE DIRECTOR ARE PRESENTED BY THE EXECUTIVE COMPENSATION COMMITTEE TO THE FULL BOARD, 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 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY UPON REQUEST AS PART OF AGREEMENT IN RECEIVING FEDERAL FUNDING. THE ANNUAL FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BOTH THROUGH ANNUAL REPORT AND ALSO UPON REQUEST FROM THE PUBLIC. |
| FORM 990, PART IX, LINE 11G | CONSULTING: PROGRAM SERVICE EXPENSES 956,194. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 956,194. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 8,341. MANAGEMENT AND GENERAL EXPENSES 2,217. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,558. STAFFING SERVICE: PROGRAM SERVICE EXPENSES 28,361. MANAGEMENT AND GENERAL EXPENSES 7,539. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,900. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 205,642. MANAGEMENT AND GENERAL EXPENSES 29,680. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 235,322. |
| FORM 990, PART XI, LINE 9: | PRIOR PERIOD ADJUSTMENT 119,059. PRIOR PERIOD ADJUSTMENT 1,398,720. |
| PART XII, LINE 3B | THE ORGANIZATION WILL UNDERGO THE REQUIRED AUDIT AFTER THE FILING OF THE FEDERAL FORM 990. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RURAL HOUSING SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1025 VERMONT STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521306869 | EIN |
| Primary Activities | TO PROMOTE THE SOCIAL WELFARE OF LOW-INCOME PERSONS IN RURAL AREAS | PrimaryActivitiesTxt |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(4) | ExemptCodeSectionTxt |
| Public Charity Status | N/A | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Comments