2016-08-12T12:06:12-05:00 2015-09-30 521511275 RAFFA PC 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2014-10-01 520939288 HOUSING ASSISTANCE COUNCIL HOUS 2028428600 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 MOISES LOZA EXECUTIVE DIRECTOR 2028428600 2016-08-12 1 FRANK H SMITH P00639053 2028225000 2016-08-12 2014 2016-09-27 15:27:22Z MOISES LOZA 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 35340410 0 X WWW.RURALHOME.ORG X 1971 DC TO IMPROVE HOUSING CONDITIONS FOR POOREST OF THE POOR IN THE MOST RURAL PLACES. 25 21 40 21 0 0 7861988 9291211 1009637 946950 294770 346769 0 0 9166395 10584930 0 0 0 0 3694069 3551833 0 0 0 6453691 8141695 10147760 11693528 -981365 -1108598 58474517 55470143 17097815 14356993 41376702 41113150 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. 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 10590455 1154782 THE TASKS UNDERTAKEN IN FY 2015 WERE LENDING TO LOW-INCOME HOUSING PROJECTS AND ADMINISTERING SEVERAL REVOLVING LOAN FUNDS FOR LOW-INCOME HOUSING PROJECTS. 131700 THE ORGANIZATION ALSO PROVIDED TRAINING AND TECHNICAL ASSISTANCE ON RURAL HOUSING ISSUES TO VARIOUS COMMUNITY GROUPS THROUGHOUT THE US. 64 RESEARCH ON SUBJECTS RELATED TO THE HOUSING CONDITIONS OF THE RURAL POOR. 10590455 1 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 40 1 0 0 0 0 0 0 0 0 0 0 X 25 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 2028428600 1025 VERMONT AVENUE NW NO 606 WASHINGTON DC 20005 POLLY NICHOL BOARD CHAIR 1.00 0.10 X X 0 0 0 ANDREW BIAS PRESIDENT 0.60 0.10 X X 0 0 0 MOISES LOZA EXECUTIVE DIRECTOR 40.00 0.10 X X 264452 0 10990 RICHARD TUCKER TREASURER 0.60 X X 0 0 0 PETER CAREY VICE PRESIDENT 0.60 X X 0 0 0 SWYNICE HAWKINS SECRETARY 0.60 X X 0 0 0 GIDEON ANDERS BOARD OF DIRECTOR 0.80 0.10 X 0 0 0 ROBERT CALVILLO BOARD OF DIRECTOR 0.80 X 0 0 0 JANAKA CASPER BOARD OF DIRECTOR 0.60 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 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 0.30 X 0 0 0 ARTURO LOPEZ BOARD OF DIRECTOR 0.60 X 0 0 0 TWILA MARTIN-KEKAHBAH BOARD OF DIRECTOR 0.60 X 0 0 0 MARIA LUISA MERCADO BOARD OF DIRECTOR 0.30 X 0 0 0 WILLIAM POWERS BOARD OF DIRECTOR 0.50 X 0 0 0 PEDRO RODRIGUEZ BOARD OF DIRECTOR 0.60 0.10 X 0 0 0 IRENE SIKELIANOS BOARD OF DIRECTOR 0.60 X 0 0 0 THE HON 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 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 131621 0 5827 JOSEPH BELDEN ASSISTANT SECRETARY 40.00 X 183723 0 8288 THEODORE RUSSELL ASST. TREASURER/DIRECTOR 40.00 X 97391 0 4332 677187 0 29437 3 0 1 0 0 9288542 2669 9291211 LOAN INTEREST & FEES 900099 786060 786060 CONFERENCES 900099 131700 131700 OTHER INCOME 900099 29126 29126 PUBLICATIONS & WORKSHOPS 900099 64 64 946950 339596 339596 24762653 24755480 7173 7173 7173 10584930 1286546 0 7173 X 730212 576867 153345 1581172 1249126 332046 126527 101222 25305 924148 741217 182931 189774 149921 39853 32557 25720 6837 120533 95221 25312 15584 15584 1237974 1198538 39436 251671 189868 61803 140495 114010 26485 543951 422445 121506 238680 203727 34953 281945 281945 268625 268625 3905 3107 798 69781 59044 10737 GRANT CONVERSION EXPENS 4499181 4499181 PROVISION FOR LOAN LOSS 177194 177194 PASS-THROUGHS 135133 135133 MISCELLANEOUS 124486 98344 26142 11693528 10590455 1103073 0 99365 833397 7821572 2103766 865353 957888 21811365 20060648 39240 -1431 1170186 128051 3905 1042135 25893112 29978836 1304722 635883 494904 58474517 55470143 683467 552528 51420 51420 13160 12671 16349325 13739931 443 443 17097815 14356993 X 9498046 9705435 19267820 19386879 12610836 12020836 41376702 41113150 58474517 55470143 X -1108598 -672733 1517779 X 0 0 1 0 X 14239508 10159521 12953119 7861988 9291211 54505347 14239508 10159521 12953119 7861988 9291211 54505347 54505347 178511 665197 633552 348293 339596 2165149 56670496 4282112 0.96180 0.96650 X 0 1 0 0 0 0 1 15585 0 0 15585 0 PART II-B, LINE 1: 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. 1042135 1042135 128051 128051 0 1042135 CERTIFICATE OF DEPOSITS 29449833 F INVESTMENT IN SUBSIDIARY 529003 F 29978836 PAYABLE TO PARTNERSHIP 443 443 9912197 -672733 -672733 10584930 0 10584930 11693528 0 11693528 0 11693528 X X X 0 0 0 0 0 0 0 0 0 MOISES LOZA EXECUTIVE DIRECTOR 251442 0 10246 0 2764 0 10990 0 0 0 275442 0 0 0 JOSEPH BELDEN ASSISTANT SECRETARY 168094 0 0 0 15629 0 8288 0 0 0 192011 0 0 0 GIDEON ANDERS BOARD MEMBER TO FUND LOAN FUNDS X 1016 1016 0 1 1 JOSEPH BELDEN ASSISTANT SECRETARY TO FUND LOAN FUNDS X 1195 1316 0 1 1 MARIA MERCADO BOARD MEMBER TO FUND LOAN FUNDS X 1171 1215 0 1 1 MOISES LOZA BOARD MEMBER TO FUND LOAN FUNDS X 6337 6591 0 1 1 WILLIAM POWERS BOARD MEMBER TO FUND LOAN FUNDS X 2440 2533 0 1 1 12671 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. 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 0 0 0 0 0