2023-11-09T20:11:50+00:00 2022-12-31 350921680 CROWE LLP 401 East Las Olas Blvd Suite 1100 Fort Lauderdale FL 333014230 990 2022-01-01 222935104 Housing Authority Insurance Inc HOUS 2032728220 189 Commerce Court Cheshire CT 064100189 Edmund Malaspina Jr CHIEF FINANCIAL OFFICER & TREASURER 2023-11-10 true Troy LePage 999009999 Brittney Kocaj P01320603 9542028600 2022 2023-04-26 12:10:37Z Edmund Malaspina Jr 189 Commerce Court Cheshire CT 064100189 2032500 false X WWW.HOUSINGCENTER.COM X 1987 DC DEVELOPMENT AND MARKETING OF RISK MANAGEMENT AND INSURANCE PROGRAMS FOR PUBLIC HOUSING AUTHORITIES. 15 13 0 2 0 0 0 1500000 2032500 0 0 1500000 2032500 486687 343510 329550 386471 290410 270277 0 0 755318 1303653 1861965 2303911 -361965 -271411 3514308 3277630 85310 120043 3428998 3157587 DEVELOPMENT AND MARKETING OF RISK MANAGEMENT AND INSURANCE PROGRAMS FOR PUBLIC HOUSING AUTHORITIES. false false 1976051 343510 2032500 DEVELOPMENT OF INSURANCE PROGRAMS FOR PUBLIC HOUSING AUTHORITIES; RISK MANAGEMENT EDUCATIONAL SERVICES FOR MEMBER PUBLIC HOUSING AUTHORITIES. 1976051 false false false false false false false false false false false false true true true true false false false false false false false false false false true true true false false false false false false false false false false false false false true false false true 2 0 true 0 false false false false false false false false X 15 13 true false false false true true false true true false false true true true true true true false false false X Troy LePage 2036496712 189 COMMERCE COURT CHESHIRE CT 064100189 Edmund Malaspina President and Chief Executive Officer 1.0 36.5 X X 0 815401 93088 Douglas Dzema Board Member 1.0 3.0 X 0 41424 0 Duane Hopkins Board Member 1.0 3.0 X 0 0 0 Edelmiro Hinojosa Board Chair 1.0 3.0 X 0 0 0 Edwin Lowndes Board Member 1.0 3.0 X 0 42576 0 Fernando Aniban Board Member 1.0 3.0 X 0 39200 0 James DiPaolo Board Member 1.0 3.0 X 0 41424 0 Jane W Smith Board Member 1.0 3.0 X 0 41000 0 Jeffery Patterson Board Member 1.0 3.0 X 0 40076 0 Kevin L Loso Board Member 1.0 3.0 X 0 38152 0 Mary Smith Board Member 1.0 3.0 X 0 41000 0 Richard Browne Board Member 1.0 3.0 X 0 39200 0 Rusty Young Board Member 1.0 3.0 X 0 40000 0 Scott Bertrand Board Vice Chair 1.0 3.0 X 0 44072 0 Vince Pearson Board Member 1.0 3.0 X 0 39052 0 Amy Galvin Chief Governance Officer & Corp Secretary 1.0 36.5 X 0 350073 72289 Courtney Rice Chief Communications Officer 5.0 32.5 X 0 271404 83623 Kenneth Jr Merrifield VP and Director of Account Management 1.0 36.5 X 0 254893 63861 Paul Lagonigro Director of Finance 1.0 36.5 X 0 242166 82026 Sherryl Sullivan Chief Insurance Officer 1.0 36.5 X 0 346786 57429 Troy LePage Chief Operating Officer & Chief Financial Officer 1.0 36.5 X 0 319725 92088 0 3087624 544404 0 false true false 0 0 MEMBERSHIP FEES 900099 2032500 2032500 0 0 0 0 2032500 0 0 0 0 0 0 0 0 0 2032500 2032500 0 0 240470 240470 103040 103040 386471 386471 177755 31866 145889 22185 4710 17475 58256 14469 43787 12081 2649 9432 11653 2 11651 11939 0 11939 16651 0 16651 19186 5437 13749 0 12570 6285 6285 12981 1979 11002 11294 2459 8835 3664 0 3664 5712 459 5253 10099 2991 7108 Loss prevention fund expenses 1170247 1170247 DUES & SUBSCRIPTIONS 4450 913 3537 PROFESSIONAL DEVELOPMENT 4103 271 3832 Member Reimbursement 1200 305 895 7904 1028 6876 0 2303911 1976051 327860 0 2232572 2747298 0 0 0 0 140792 22148 0 0 0 0 0 0 1140944 508184 3514308 3277630 40580 33852 0 0 44730 86191 85310 120043 X 2288055 2821278 1140943 336309 3428998 3157587 3514308 3277630 -271411 0 X false true X true false Due from related parties 508184 508184 DUE TO AFFILIATES 86191 86191 X 2032500 0 0 2032500 0 0 2032500 2303911 0 0 2303911 0 0 2303911 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Company has received a determination letter from the Internal Revenue Service indicating that the Company qualifies under the provisions of Section 501(c)(4) of the Internal Revenue Code and is exempt from federal and state income taxes. The Company accounts for income taxes in accordance with FASB ASC 740, "Income Taxes", with respect to how companies should recognize, measure, present and disclose uncertain tax positions in their financial statements. The Company did not record any unrecognized tax benefits as of December 31, 2022 and 2021. The Company does not believe it is reasonably possible that its unrecognized tax benefits would materially change in the next twelve months. All tax years from 2019 forward are open and subject to examination by the Internal Revenue Service. The Company's policy is to include interest and penalties related to unrecognized tax benefits as a component of its provision for income taxes. As of December 31, 2022 and 2021, the Company did not record any penalties or interest associated with unrecognized tax benefits. true AffordableHousing AccreditationBoard 636BridleRoad Glenside PA 19038 464458654 501(C)(3) 203862 Generalsupportof AHAB'sprogramsand operations,including carryingoutactivities tocreatean accreditationsystem forpublicand affordablehousing INTERNATIONAL CENTER FOR CAPTIVE INSURANCE EDUCATION (ICCIE) 2517 SHELBURNE ROAD SUITE 2 SHELBURNE VT 05482 200047555 501(C)(3) 5400 2022 Harry House Scholarship Donation Howard University 2400 Sixth St NW Washington DC 20059 530204707 501(C)(3) 10000 Sponsorship Program for Howard University Foodshare Inc 450 Woodland Ave Bloomfield CT 06002 222474771 501(C)(3) 5000 2022 CT Foodshare Donation 4 0 Scholarships 20 103040 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. MONITORING THE USE OF GRANTS, AWARDS, AND SCHOLARSHIPS IS THE RESPONSIBILITY OF THE BOARD OF DIRECTORS. SCHOLARSHIPS ARE PAID TO THE INSTITUTION DIRECTLY WHO ARE DIRECTED TO ALLOW THE STUDENT TO USE THE FUNDS FOR TUITION, BOOKS, AND SCHOOL SUPPLIES PURCHASED THROUGH THE SCHOOL. ANY LEFTOVER FUNDS ARE TO BE RETURNED TO THE ORGANIZATION. OPERATIONAL AND FINANCIAL REPORTS, INCLUDING FINANCIAL STATEMENTS, FROM AHAB ARE PROVIDED TO SUBSTANTIATE THE OPERATIONS OF THE ORGANIZATIONS AND THE USE OF THE GRANT FUNDS. INVOICES FROM ICCIE, HOWARD UNIVERSITY, AND FOODSHARE, INC. ARE PROVIDED TO SUBSTANTIATE THE USE OF ITS GRANT FUNDS. false false false false false false false false false Edmund Malaspina President and Chief Executive Officer 0 490428 0 324973 0 0 0 48656 0 44432 0 908489 0 0 Amy Galvin Chief Governance Officer & Corp Secretary 0 234671 0 115402 0 0 0 43959 0 28330 0 422362 0 0 Sherryl Sullivan Chief Insurance Officer 0 237586 0 109200 0 0 0 41691 0 15738 0 404215 0 0 Troy LePage Chief Operating Officer & Chief Financial Officer 0 218423 0 101302 0 0 0 48656 0 43432 0 411813 0 0 Kenneth Jr Merrifield VP and Director of Account Management 0 197363 0 57530 0 0 0 35392 0 28469 0 318754 0 0 Paul Lagonigro Director of Finance 0 185222 0 56944 0 0 0 38594 0 43432 0 324192 0 0 Courtney Rice Chief Communications Officer 0 180852 0 90552 0 0 0 40191 0 43432 0 355027 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE ORGANIZATION'S CEO IS COMPENSATED BY A RELATED ORGANIZATION UNDER A COMMON PAYMASTER ARRANGEMENT. THE RELATED ORGANIZATION USES the following methods to establish his compensation: Compensation committee, Compensation survey or study, and Approval by the board or compensation committee. Form 990, Part VI, Line 15b Compensation of Other officers and key employees Other officers and key employees of the organization are compensated by a related organization UNDER A COMMON PAYMASTER ARRANGEMENT. THE RELATED ORGANIZATION reviews all compensation as part of its annual budgeting process, which occurred in 2022 and is documented in the minutes. THE RELATED ORGANIZATION uses independent third party salary surveys to assist in determining their compensation every three years and in cases of new hires, promotions, and significant changes in roles or responsibilities. Form 990, Part VI, Line 15a compensation of CEO THE ORGANIZATION'S CEO IS COMPENSATED BY A RELATED ORGANIZATION UNDER A COMMON PAYMASTER ARRANGEMENT. THE RELATED ORGANIZATION USES 3RD PARTY SALARY SURVEYS TO ASSIST IN DETERMINING HIS COMPENSATION WHICH IS APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED in the minutes. THE LAST REVIEW OF THE ORGANIZATION'S CEO OCCURRED IN MARCH 2022. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons THE ORGANIZATION'S DIRECTORS (SCOTT BERTRAND, EDWIN LOWNDES, DOUGLAS DZEMA, JAMES DIPAOLO, JANE SMITH, MARY SMITH, JEFFERY PATTERSON, RUSTY YOUNG, FERNANDO ANIBAN, RICHARD BROWNE, VINCE PEARSON, KEVIN LOSO, DUANE HOPKINS, EDELMIRO HINOJOSA) AND OFFICERS (EDMUND MALASPINA, AMY GALVIN, TROY LEPAGE, SHERRYL SULLIVAN, COURTNEY RICE, PAUL LAGONIGRO, KENNETH MERRIFIELD JR) ARE PART OF THE SAME MANAGEMENT TEAMS FOR RELATED TAXABLE ENTITIES. - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders There is a single class of membership IN THE ORGANIZATION. PUBLIC HOUSING AUTHORITIES WHO PARTICIPATE IN THE INSURANCE PROGRAMS OF HOUSING AUTHORITY RISK RETENTION GROUP, INC. AND HOUSING AUTHORITY PROPERTY INSURANCE, A MUTUAL COMPANY, ARE ELIGIBLE FOR MEMBERSHIP. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Members are comprised of public housing authorities who participate in the insurance programs of HOUSING AUTHORITY RISK RETENTION GROUP, INC. AND HOUSING AUTHORITY PROPERTY INSURANCE. All members are eligible to vote for the Board Members through the annual election process. Form 990, Part VI, Line 11b Review of form 990 by governing body Review of the Form 990 is conducted by the Chief Financial Officer & Treasurer and the Director of Finance & Assistant Treasurer. Then, THE ORGANIZATION PROVIDES A COMPLETE COPY OF the FORM 990 TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REQUIRES ALL OFFICERS, DIRECTORS AND EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE COMPLETED FORMS ARE REVIEWED BY THE HUMAN RESOURCE DEPARTMENT TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS ARE FURTHER EVALUATED BY THE CEO, AND IF WARRANTED, ARE BROUGHT TO THE ATTENTION OF THE BOARD FOR DISCUSSION AND RESOLUTION. SIMILARLY, ANY POTENTIAL CONFLICTS OF INTEREST THAT ARE BROUGHT TO THE ATTENTION OF THE ORGANIZATION BY THE OUTSIDE AUDITORS OR BY AN EMPLOYEE OR OTHER PERSON ARE INVESTIGATED AND RESOLVED IN ACCORDANCE WITH THE PROCEDURES DISCUSSED ABOVE. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HOUSING AUTHORITY RISK RETENTION GROUP INC 189 COMMERCE COURT CHESHIRE CT 06410 061206658 PROVIDES LIABILITY INSURANCE COVERAGE TO MEMBERS OF PHA'S IN THE U.S. VT NA false HOUSING AUTHORITY PROPERTY INSURANCE A MUTUAL COMPANY 189 COMMERCE COURT CHESHIRE CT 06410 061206659 PROVIDES PROPERTY INSURANCE COVERAGE TO MEMBERS OF PHA'S IN THE U.S. VT NA false HOUSING TELECOMMUNICATIONS INC 189 COMMERCE COURT CHESHIRE CT 06410 061386493 PROVIDE EDUCATION & RISK CONTROL THROUGH NATIONAL TELECOMMUNICATIONS NETWORK CT 501(c)(3) 10 NA false PUBLIC AND AFFORDABLE HOUSING RESEARCH CORPORATION 189 COMMERCE COURT CHESHIRE CT 06410 451470844 PERFORMS RESEARCH PROJECTS OF PUBLIC & AFFORDABLE HOUSING CT 501(c)(3) Type II NA false AFFORDABLE HOUSING ACCREDITATION BOARD 189 COMMERCE COURT CHESHIRE CT 06410 464458654 ACCREDITATION of public housing authorities DC 501(c)(3) PF NA false HOUSING INVESTMENT GROUP INC 189 COMMERCE COURT PO BOX 189 CHESHIRE CT 06410 061448816 HOLDING COMPANY DE NA C Corporation false HOUSING ENTERPRISE INSURANCE COMPANY INC 189 COMMERCE COURT PO BOX 189 CHESHIRE CT 06410 061597889 INSURANCE VT NA C Corporation false HOUSING INSURANCE SERVICES INC 189 COMMERCE COURT PO BOX 189 CHESHIRE CT 06410 061314815 INSURANCE AGENCY CT NA C Corporation false INNOVATIVE HOUSING INSURANCE COMPANY INC 189 COMMERCE COURT CHESHIRE CT 06410 474611632 INSURANCE COMPANY VT NA C Corporation false HOUSING ALLIANCE GROUP LLC 189 COMMERCE COURT CHESHIRE CT 06410 474650587 ASSISTING PUBLIC HOUSING AUTHORITIES VT NA C Corporation false HOUSING SPECIALTY INSURANCE COMPANY INC 189 COMMERCE COURT PO BOX 189 CHESHIRE CT 06410 464271747 INSURANCE VT NA C Corporation false false true false false false false false false false false false true true true true true true false false