EIN 58-1831757

The Housing Assistance Corporation

IRS 501(c) type
501(c)(3)
Num. employees
19
Year formed
1988
Most recent tax filings
2023-12-01
Description
The Housing Assistance Corporation is a private, non-profit organization committed to providing safe and affordable Housing for persons of limited income living in henderson county and surrounding areas, because we believe every human being deserves The opportunity to live in a decent home.
Total revenues
$2,935,504
2023
Total expenses
$2,789,137
2023
Total assets
$8,617,800
2023
Num. employees
19
2023

Program areas at The Housing Assistance Corporation

Multi-family development:hac has created 360 units of affordable rental Housing in henderson county over The last 35 years. The units are all affordable, some are transitional Housing, and all serve various populations including seniors, families, veterans, agricultural workers, survivors of interpersonal violence, and individuals with physical, mental or development disabilities.
Home repair and rehabilitation:hac completed 548 repairs for 83 households or 184 people in 2023.
Single-family development:in 2023, hac completed 9 single family homes in henderson county and began construction on 6 others which will be completed in 2024. Over its history hac has built 207 single family homes in henderson county and polk county and is working to expand to transylvania county when land becomes available. Our Housing counselors worked with 614 households in The recruitment process at year end.

Who funds The Housing Assistance Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Impact HealthHop Capacity Building Funds$101,009
Dogwood Health TrustDermid Avenue Development Support.$75,000
Community Foundation of Henderson County$53,910
...and 7 more grants received

Personnel at The Housing Assistance Corporation

NameTitleCompensation
Margaret Fenton LebeckExecutive Director
Susan FradyProject Planner$43,554
Karen MilfordDirector of Finance
Stefanie KompathoumHome Repair Coordinator$54,597
Jennifer KellyResource Development Manager
...and 7 more key personnel

Financials for The Housing Assistance Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,652,598
Program services$1,002,764
Investment income and dividends$8,227
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$192,380
Net income from fundraising events$6,490
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$73,045
Total revenues$2,935,504

Form 990s for The Housing Assistance Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122025-01-13990View PDF
2022-122023-11-15990View PDF
2021-122023-02-06990View PDF
2020-122021-11-15990View PDF
2019-122021-02-19990View PDF
...and 10 more Form 990s
Data update history
November 25, 2024
Received grants
Identified 1 new grant, including a grant for $16,055 from James H Cummings Foundation
October 30, 2024
Updated personnel
Identified 5 new personnel
October 26, 2024
Updated personnel
Identified 9 new personnel
August 25, 2024
Received grants
Identified 5 new grant, including a grant for $180,700 from Impact Health
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Senior centersHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Fundraising eventsState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
214 N King St
Hendersonville, NC 28792
Metro area
Asheville, NC
County
Henderson County, NC
Website URL
housing-assistance.com/ 
Phone
(828) 692-4744
IRS details
EIN
58-1831757
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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