Housing Action Council Inc
- Assets
- $45.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Tarrytown, NY
- Founding
- 01/1976
- Data as of
- 12/2023
- EIN
- 13-2846967
Organization Overview
Housing Action Council Inc is located in Tarrytown, NY. The organization was established in 1976. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Housing Action Council Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Action Council Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Housing Action Council Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HAC'S ACTIVITIES CAN BE GROUPED INTO THREE AREAS: 1) HOUSING DEVELOPMENT ASSISTANCE (CONSULTING FOR PRIVATE DEVELOPERS; SERVING AS PARTNER WITH PRIVATE DEVELOPERS; TECHNICAL ASSISTANCE TO NOT-FOR-PROFIT ORGANIZATIONS; AFFIRMATIVE MARKETING FOR HOUSING DEVELOPERS; TENANT/HOMEOWNER ELIGIBILITY SCREENING; PREPARATION OF OFFERING PLANS, CONTRACTS, ETC.; RELOCATION SERVICES; DEVELOPMENT OF SMALL PROPERTIES) 2) TECHNICAL ASSISTANCE TO MUNICIPALITIES (PREPARING HOUSING NEEDS STATEMENTS/STUDIES, ADVISING ON LAND USE POLICIES AND REGULATIONS RELATED TO AFFORDABLE HOUSING; DESIGNING AND IMPLEMENTING AFFORDABLE HOUSING PROGRAMS; PREPARING REQUESTS FOR AFFORDABLE HOUSING DEVELOPMENT PROPOSALS ON MUNICIPALLY-OWNED SITES AND REVIEWING PROPOSALS; 3) ASSISTANCE IN IMPLEMENTING PROGRAMS THAT EXPAND HOUSING THROUGH CREATION OF ACCESSORY DWELLING UNITS;4) NOT-FOR-PROFIT ORGANIZATION SUPPORT (BACK OFFICE SUPPORT; HOUSING AND LAND USE TRAINING FOR CIVIC, ORGANIZATION AND GOVERNMENT LEADERS);
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING DEVELOPMENT SERVICES PROGRAMHAC'S ON-GOING HOUSING DEVELOPMENT SERVICES PROGRAM INCLUDES: 1) TECHNICAL ASSISTANCE AND TRAINING TO COMMUNITY ORGANIZATIONS, AFFORDABLE HOUSING COMMITTEES, MUNICIPALITIES, HUMAN SERVICE AGENCIES AND EMERGING AFFORDABLE HOUSING DEVELOPERS AND 2) PARTICIPATING AS NON-PROFIT SPONSORS WITH FOR PROFIT DEVELOPERS IN THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING. HAC'S TECHNICAL ASSISTANCE AND SPONSORSHIP FACILITATED THE DEVELOPMENT OR PRESERVATION OF APPROXIMATELY 600 HOUSING UNITS FOR LOW AND MODERATE INCOME HOUSEHOLDS DURING 2023.
AFFIRMATIVE MARKETINGHAC CONTINUED AS MARKETING CONSULTANT FOR THE COUNTY OF WESTCHESTER FOR DEVELOPMENTS IN THE PIPELINE AND FOR THE CITY OF NEW ROCHELLE DURING 2023. HAC MARKETED SEVERAL COUNTY-FUNDED AFFORDABLE HOUSING DEVELOPMENTS IN ACCORDANCE WITH WESTCHESTER COUNTY HOUSING DEVELOPMENT AFFIRMATIVE FAIR HOUSING MARKETING PLAN REQUIREMENTS AND IN NEW ROCHELLE IN ACCORDANCE WITH THE CITY'S AFFORDABLE HOUSING PROGRAM. HAC PREPARES AFFIRMATIVE MARKETING PLANS, MARKETS THE AFFORDABLE UNITS, INCLUDING OUTREACH TO PEOPLE LEAST LIKELY TO APPLY, CONDUCTS LOTTERIES, MAINTAINS WAITING LISTS, AND IN SOME CASES QUALIFIES THE APPLICANTS FOR OCCUPANCY AND HANDLES RECERTIFICATIONS. IN 2023, HAC CONDUCTED THE INITIAL MARKETING OF APPROXIMATELY 225 UNITS IN WESTCHESTER.
ACCESSORY DWELLING UNITS (ADUS) HAC, IN PARTNERSHIP WITH HABITAT FOR HUMANITY OF NEW YORK CITY AND WESTCHESTER, DESIGNED AND BEGAN IMPLEMENTATION OF ADU PROGRAMS IN THE VILLAGES OF HASTINGS-ON-HUDSON, DOBBS FERRY AND IRVINGTON AND THE TOWN OF BEDFORD. ACTIVITIES INCLUDED SECURING THE MUNICIPALITIES' AGREEMENT TO PARTICIPATE IN THE PROGRAM, REVIEWING LOCAL REQUIREMENTS FOR AN ADU AND CONDUCTING OUTREACH TO ALERT INCOME QUALIFIED HOMEOWNERS TO THE AVAILABILITY OF FUNDING AND TECHNICAL ASSISTANCE TO CREATE AN ADU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Galvin Chairperson | OfficerTrustee | 5 | $0 |
Gregg Deangelis Vice Chairman | OfficerTrustee | 5 | $0 |
Richard Cherry Vice Chairman | OfficerTrustee | 5 | $0 |
Ellen Levy Treasurer | OfficerTrustee | 5 | $0 |
Eric Abraham Director | Trustee | 2 | $0 |
Chuck Bell Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jim Marinelli Contracting Building Contractor | 12/30/23 | $228,293 |
Maier Markey & Justic Llp Accounting And Bookkeeping | 12/30/23 | $101,671 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,192,055 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,231,265 |
| Total Program Service Revenue | $707,199 |
| Investment income | $297,173 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,278,582 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $261,238 |
| Grants and other assistance to domestic individuals. | $368,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $195,998 |
| Compensation of current officers, directors, key employees. | $29,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,692 |
| Payroll taxes | $24,436 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $136,033 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $190,981 |
| Advertising and promotion | $0 |
| Office expenses | $36,611 |
| Information technology | $17,971 |
| Royalties | $0 |
| Occupancy | $57,211 |
| Travel | $10,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $184 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,169 |
| Insurance | $19,345 |
| All other expenses | $0 |
| Total functional expenses | $1,459,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,045,323 |
| Savings and temporary cash investments | $10,022,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $337,517 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $116,326 |
| Net Land, buildings, and equipment | $7,009 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $33,718,547 |
| Intangible assets | $0 |
| Other assets | $62,503 |
| Total assets | $45,309,285 |
| Accounts payable and accrued expenses | $187,314 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,963,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,319,620 |
| Total liabilities | $14,470,434 |
| Net assets without donor restrictions | $24,795,252 |
| Net assets with donor restrictions | $6,043,599 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $45,309,285 |