2026-05-13T02:44:19-05:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2024-07-01 237431255 HOUSING ASSISTANCE CORPORATION HOUS 5087715400 255 INDEPENDENCE DRIVE HYANNIS MA 02601 MARC HASLBECK CHIEF FINANCIAL OFFICER 5087715400 2026-05-12 1 1 JOLANTA TUCK P01340068 7813803520 2026-04-30 2024 2025-03-06 01:10:19Z BILL BOGDANOVICH 255 INDEPENDENCE DRIVE HYANNIS MA 02601 58946608 0 X WWW.HACONCAPECOD.ORG X 1974 MA HAC'S MISSION IS TO PROMOTE AND IMPLEMENT THE RIGHT OF ALL PEOPLE ON CAPE COD AND THE ISLANDS TO OCCUPY SAFE AND AFFORDABLE HOUSING. TO ACHIEVE THIS GOAL, HAC HAS CONCENTRATED ITS MAJOR PROGRAMS AROUND RENTAL SUBSIDIES, SHELTER SERVICES, CONSUMER EDUCATION, AND RESIDENTIAL ENERGY EFFICIENCY. 15 15 142 600 0 0 39417596 47202396 8143314 8986687 81113 631862 -24595 -42922 47617428 56778023 31985667 33993019 0 0 9874728 10367526 0 0 1801522 4965842 6115465 46826237 50476010 791191 6302013 28353986 47445734 16089783 28675176 12264203 18770558 X HAC'S MISSION IS TO PROMOTE AND IMPLEMENT THE RIGHT OF ALL PEOPLE ON CAPE COD AND THE ISLANDS TO OCCUPY SAFE AND AFFORDABLE HOUSING. TO ACHIEVE THIS GOAL, HAC HAS CONCENTRATED ITS MAJOR PROGRAMS AROUND RENTAL SUBSIDIES, SHELTER SERVICES, CONSUMER EDUCATION, AND RESIDENTIAL ENERGY EFFICIENCY. 0 0 34061878 25096271 394802 CLIENT SERVICES - THE CLIENT SERVICES DIVISION WORKS WITH ELIGIBLE INDIVIDUALS AND FAMILIES IN MASSACHUSETTS TO PROVIDE A WIDE RANGE OF AFFORDABLE HOUSING, HOMELESSNESS PREVENTION AND SHELTER AND SELF-SUFFICIENCY SERVICES. THESE SERVICES INCLUDE HOUSING ASSISTANCE PAYMENTS FOR LOW INCOME TENANTS, TRANSITIONAL HOUSING AND ASSISTANCE FOR THE HOMELESS INCLUDING HOUSING SEARCH AND JOB PLACEMENT, AND TRAINING AND SUPPORT FOR HOMEOWNERS INCLUDING FORECLOSURE COUNSELING. 8427598 7348126 3766544 ENERGY EFFICIENCY SERVICES - THE ENERGY EFFICIENCY SERVICES DIVISION WORKS WITH ELIGIBLE INDIVIDUALS AND FAMILIES IN MASSACHUSETTS TO PROVIDE A WIDE RANGE OF ENERGY IMPROVEMENTS OPTIONS. THESE OPTIONS INCLUDE FREE ENERGY ASSESSMENTS, HOME WEATHERIZATION AND ENERGY EFFICIENT APPLIANCES AND HEATING. 2728542 1548622 4825341 PROPERTY MANAGEMENT AND DEVELOPMENT - THE PROPERTY MANAGEMENT AND DEVELOPMENT DIVISION OVERSEES THE OPERATIONS OF ALL RESIDENTIAL RENTAL PROPERTIES, AS WELL AS DEVELOPMENT ACTIVITY, TO ITS PROPERTIES LOCATED ON CAPE COD AND THE ISLANDS. 45218018 1 1 0 1 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 368 0 1 142 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X MARC HASLBECK 5087715400 255 INDEPENDENCE DRIVE HYANNIS MA 02601 ALEX RODOLAKIS DIRECTOR 1.00 1.00 X 0 0 0 ASHLEY MOORE BAKER CLERK 1.00 X X 0 0 0 BILL BOGDANOVICH CHAIRMAN 1.00 X X 0 0 0 CATHY GIBSON DIRECTOR 1.00 X 0 0 0 KARA O'DONNELL-GALVIN DIRECTOR 1.00 X 0 0 0 KUMARA SIDHARTHA DIRECTOR 1.00 X 0 0 0 LIAM CAHILL DIRECTOR 1.00 X 0 0 0 LINDA ZAMMER DIRECTOR 1.00 X 0 0 0 MARGARET HAYES DIRECTOR 1.00 X 0 0 0 MAUREEN MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 PAUL RUCHINSKAS TREASURER 1.00 X X 0 0 0 PETER FREEMAN VICE CHAIRMAN 1.00 1.00 X X 0 0 0 RAYMOND TAMASI DIRECTOR 1.00 X 0 0 0 SUSAN ROHRBACH DIRECTOR 1.00 X 0 0 0 TARA WALLACE DIRECTOR 1.00 X 0 0 0 ALISA MAGNOTTA CEO 35.00 1.00 X 250624 0 33385 JANE HAMMOND INTERIM CFO (AS OF 4/25) 35.00 1.00 X 119047 0 16946 STEPHEN FERRIS CFO (UNTIL 3/25) 35.00 1.00 X 175394 0 32281 ANNE VAN VLECK CHIEF DEVELOPMENT OFFICER 35.00 X 131045 0 43549 CASSANDRA DANZL CHIEF OPERATING OFFICER 35.00 1.00 X 155559 0 17939 DAVID QUINN VP OF REAL ESTATE DEVELOPMENT 35.00 X 126966 0 16540 DONALD TROTT DIRECTOR OF HOUSING 35.00 X 120556 0 30030 PATRICIA MITROKOSTAS PRINCIPAL DIRECTOR OF STRATEGIC FUNDING 35.00 0.00 X 111405 0 15532 1190596 0 206202 9 0 1 0 M T MCMAHON & SONINC 2 FULLER STREET CARVER MA 02330 ENERGY CONTRACTOR 889076 CRANE APPLIANCE 249 TEATICKET HWY EAST FALMOUTH MA 02536 ENERGY CONTRACTOR 710467 TUPPER 546A HIGGINS CROWELL RD WEST YARMOUTH MA 02673 ENERGY CONTRACTOR 677412 CAPE SAVE 7-D HUNTINGTON AVE SOUTH YARMOUTH MA 02664 ENERGY CONTRACTOR 615713 CAZEAULT 1031 MAIN ST OSTERVILLE MA 02655 ENERGY CONTRACTOR 555650 5 650526 42432282 4119588 312700 47202396 ENERGY EFFICIENCY SERVICES 624200 8333748 8333748 LOW INCOME RENTAL HOUSING 624200 397254 397254 ADDITIONAL PROGRAM REVENUE 624200 224342 224342 ADMINISTRATION FEES 624200 31343 31343 8986687 40286 40286 2171221 524137 1862822 240960 308399 283177 591576 591576 21881 650526 64803 -42922 -42922 56778023 8986687 0 588940 33993019 33993019 557056 254474 302582 7093612 5146686 1130336 816590 200000 138607 35942 25451 1814888 1277384 298335 239169 701970 497082 129225 75663 6577 6577 43632 13220 22545 7867 69014 1320 67694 1286026 389657 664490 231879 18847 5711 9738 3398 243611 125065 87880 30666 272414 82540 140756 49118 2017874 1752246 254120 11508 137937 129794 7190 953 677332 592725 84607 2684 813 1387 484 PROGRAM SUPPORT AND SUP 1053380 703010 98460 251910 STAFF TRAINING 191352 86337 89230 15785 MEALS 94785 21751 31953 41081 50476010 45218018 3456470 1801522 633283 422845 257891 845983 5206314 3392585 393471 3745843 39917 101699 39754145 9324751 15735466 30429394 3300775 2805117 2786869 5702268 28353986 47445734 2671341 2677807 124991 124989 68273 74999 11302182 21609263 1922996 4188118 16089783 28675176 X 11073569 18062336 1190634 708222 12264203 18770558 28353986 47445734 6302013 204342 0 X 0 1 X 1 1 1 X 28483985 32761809 32738187 39417596 47202396 180603973 28483985 32761809 32738187 39417596 47202396 180603973 180603973 112246 1827 45994 79207 40286 279560 180883533 28163018 0.99850 0.99840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32500 32500 44771574 44804074 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 22500 30000 27500 32500 112500 250000 250000 250000 250000 1000000 1500000 22500 30000 27500 32500 112500 0 1 X 7110844 7110844 25006815 5829599 19177216 6785915 2813402 3972513 410320 338669 71651 440251 343081 97170 30429394 MISC RESERVES AND RESTRICTED CASH 3100924 DUE FROM AFFILIATES 1344 INVESTMENT IN ASCLEPIUS 2600000 5702268 ESCROW ACCOUNTS 230885 ADVANCES 3957233 4188118 X PART IV, LINE 2B: GC AND HAC LOFTS HAVE A POLICY TO COLLECT SECURITY DEPOSITS UP TO ONE MONTH'S RENT FROM TENANTS. THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES. AS OF JUNE 30, 2025 SECURITY DEPOSITS TOTALED $74,999. PART X, LINE 2: U.S. GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANY AND HAS CONCLUDED THAT, AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS.GENERALLY, THE COMPANY'S INFORMATION/TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE THE COMPANY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION, FISCAL YEARS SINCE 2022 REMAIN OPEN. OYSTER GALA 532500 515211 17289 22592 8074 WALK EVENT 139907 135315 4592 1671 32466 672407 650526 21881 22592 1671 40540 64803 -42922 1 RENTAL ASSISTANCE 1167 22023547 STABILIZATION SERVICES 1224 4621346 RESIDENTIAL ENERGY EFFICIENCY 987 7348126 PART I, LINE 2: ALL PAYMENTS ARE MADE AFTER APPROVAL FROM DEPARTMENT HEADS. GRANTS/ASSISTANCE TO INDIVIDUALS ARE GRANTED ONLY AFTER THE CLIENT APPLIES AND IS APPROVED FOR ASSISTANCE. X X 0 0 0 0 0 0 0 1 0 ALISA MAGNOTTA CEO 238811 0 11813 0 0 0 3045 0 30340 0 284009 0 0 0 STEPHEN FERRIS CFO (UNTIL 3/25) 166994 0 8400 0 0 0 5089 0 27192 0 207675 0 0 0 ANNE VAN VLECK CHIEF DEVELOPMENT OFFICER 124351 0 6694 0 0 0 4453 0 39096 0 174594 0 0 0 CASSANDRA DANZL CHIEF OPERATING OFFICER 148209 0 7350 0 0 0 4890 0 13049 0 173498 0 0 0 DONALD TROTT DIRECTOR OF HOUSING 115306 0 5250 0 0 0 3493 0 26537 0 150586 0 0 0 PART I, LINE 7 ALL EMPLOYEES RECEIVED A 5% BONUS IN 2024. THESE AMOUNTS WERE INCLUDED IN EACH INDIVIDUAL'S 2024 W-2. X 1 312700 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION SHALL BE THE DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ANY ACTION OR VOTE REQUIRED OR PERMITTED BY LAW TO BE TAKEN BY MEMBERS OF THE CORPORATION SHALL BE TAKEN BY ACTION OR VOTE OF THE SAME PERCENTAGE OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B OFFICERS AND DIRECTORS SHALL BE ELECTED AT THE ANNUAL MEETING BY A MAJORITY OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER REVIEWS THE COMPLETED 990 PRIOR TO FILING. THE RETURN IS ALSO PROVIDED TO MEMBERS OF THE EXECUTIVE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO DETERMINES THE COMPENSATION FOR OTHER OFFICERS BASED ON KNOWLEDGE OF SIMILAR AGENCIES AND AREA DEMOGRAPHICS. THE CEO'S COMPENSATION IS RECOMMENDED BY THE BOARD FINANCE COMMITTEE AND PERSONNEL COMMITTEE BASED ON SIMILAR INPUTS AND ON PERFORMANCE EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST HAC LLC 255 INDEPENDENCE DRIVE HYANNIS MA 02601 000906510 AFFORDABLE HOUSING SPONSOR MA 0 0 HOUSING ASSISTANCE CORPORATION GREAT COVE COMMUNITY LLC 255 INDEPENDENCE DRIVE HYANNIS MA 02601 001069463 AFFORDABLE HOUSING SPONSOR MA 226716 2329758 HOUSING ASSISTANCE CORPORATION HAC LOFTS LLC 255 INDEPENDENCE DRIVE HYANNIS MA 02601 AFFORDABLE HOUSING MA 157044 1816828 HOUSING ASSISTANCE CORPORATION HAC LOVE LANE LLC 255 INDEPENDENCE DRIVE HYANNIS MA 02601 AFFORDABLE HOUSING SPONSOR MA 1136157 4663456 HOUSING ASSISTANCE CORPORATION 268 STEVENS HOUSING LLC 255 INDEPENDENCE DRIVE HYANNIS MA 02601 AFFORDABLE HOUSING SPONSOR MA 1500000 3718169 HOUSING ASSISTANCE CORPORATION HAC 107 MAIN STREET LLC 460 WEST MAIN STREET HYANNIS MA 02601 AFFORDABLE HOUSING SPONSOR MA 3474557 6716614 HOUSING ASSISTANCE CORPORATION ASCLEPIUS CORPORATION 255 INDEPENDENCE DRIVE HYANNIS MA 02601 042899819 NON PROFIT OFFICE/FACILITY PROVIDER FOR OTHER CHARITIES MA LINE 12A 501(C)(3) HOUSING ASSISTANCE CORPORATION 1 WEST BARNSTABLE COMMUNITIES LP 255 INDEPENDENCE DRIVE HYANNIS MA 02601 261379712 LOW INCOME HOUSING RENTALS MA WEST BARNSTABLE COMMUNITIES HAC LLC RELATED -379178 6110470 0 1 1.00000 POCASSET ASSISTED LIVING 255 INDEPENDENCE DRIVE HYANNIS MA 02601 000845024 LOW INCOME HOUSING RENTALS MA HOUSING ASSISTANCE CORPORATION C 1.00000 1 WEST BARNSTABLE COMMUNITIES - HAC LLC 255 INDEPENDENCE DRIVE HYANNIS MA 02601 208312978 AFFORDABLE HOUSING SPONSOR MA HOUSING ASSISTANCE CORPORATION C -2244 1.00000 1 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 ASCLEPIUS CORPORATION K 101244 FMV