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Housing Assistance Council

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 520939288 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Housing Assistance Council?

The Housing Assistance Council (HAC) is a Washington, D.C.-based nonprofit organization dedicated to improving housing conditions for the rural poor, with a particular focus on the most impoverished communities. HAC offers below-market financing for affordable housing and community development projects. They also provide technical assistance and training, research and information, and policy formulation to create effective solutions for rural areas. HAC employs a team of 37 individuals to carry out their mission. They deliver financing through a lending program and administer several revolving loan funds to promote affordable housing.


Official website here: www.ruralhome.org

Is Housing Assistance Council legitimate?

Housing Assistance Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Assistance Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $907,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,416,318

For more financial information, click here


Official website here: www.ruralhome.org

What is the mission statement of Housing Assistance Council?

The Housing Assistance Council (HAC) is dedicated to enhancing living conditions for the most impoverished rural residents. With a focus on the poorest of the poor, HAC strives to improve housing in the most rural areas. Their mission encompasses providing below-market financing for affordable housing and community development, offering technical assistance and training, conducting research and information dissemination, and formulating policies to facilitate solutions for rural communities.


Official website here: www.ruralhome.org

Who is the CEO of Housing Assistance Council?

David Lipsetz is the Chair of Housing Assistance Council. The CEO's salary of Housing Assistance Council is $265,163 and their total compensation is $290,704.


Official website here: www.ruralhome.org

What is the revenue of Housing Assistance Council?

Housing Assistance Council's revenue in 2022 was $14,475,533.


Official website here: www.ruralhome.org

Who are the executives of Housing Assistance Council and what are their salaries?

The average compensation at Housing Assistance Council during 2022 was $89,833. There are 37 employees and 16 volunteers at Housing Assistance Council.

Here are 25 key members and their salaries (Housing Assistance Council's CEO's salary is $265,163 and their total compensation is $290,704):

    David Lipsetz (President & Ceo)
  • Compensation: $265,163
  • Related: $0
  • Other: $25,541

    • Karin Klusmann (Asst. Sec./Treas./Dir. Of Finance)
  • Compensation: $161,343
  • Related: $0
  • Other: $36,543

    • Eileen Neely (Lending Director)
  • Compensation: $159,936
  • Related: $0
  • Other: $25,527

    • Travis Lance George (Asst. Sec./Research & Information)
  • Compensation: $158,854
  • Related: $0
  • Other: $21,331

    • Shonterria Charleston (Training/Technical Assist.Dir.)
  • Compensation: $144,197
  • Related: $0
  • Other: $34,176

    • Jennifer Mcallister (Development Manager)
  • Compensation: $131,428
  • Related: $0
  • Other: $17,018

    • Alem Berhanie (Senior Accountant - Until 11/2021)
  • Compensation: $116,599
  • Related: $0
  • Other: $29,564

    • Leslie Strauss (Senior Policy Analyist)
  • Compensation: $108,715
  • Related: $0
  • Other: $25,973

    • Maria Luisa Mercado (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Buxbaum (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Manning-Beavin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Bias (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Carey (At-Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gideon Anders (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Castillo (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ilene Jacobs (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Twila Martin-Kekahbah (Board Of Director - Until 07/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Mitchell-Bennett (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Picotte (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Naomi Woodson Scipio (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Singleton (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bennie Thompson (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dazetta Thorne (Board Of Director - Until 09/2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew B Winter (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Wright (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ruralhome.org

    Where can I find the form 990 for Housing Assistance Council?

    The Housing Assistance Council’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ruralhome.org

    Learn more at the official website: www.ruralhome.org

    Mission Statement of Housing Assistance Council

    The Housing Assistance Council (HAC) is a nonprofit organization dedicated to enhancing living conditions for the most impoverished rural communities, with a particular focus on the poorest of the poor. HAC's mission is geared towards improving housing for rural populations, prioritizing those who are economically disadvantaged.

    To bring about change, HAC offers below-market financing for affordable housing and community development. This financial assistance enables rural communities to improve their housing infrastructure and provide residents with decent and safe living conditions. Additionally, HAC provides essential technical assistance and training, ensuring that rural areas can effectively implement sustainable housing solutions.

    Beyond financial aid, HAC also conducts research and gathers information to inform policies that cater to rural housing needs. By formulating policies, HAC aims to create long-lasting solutions for rural communities. Overall, the Housing Assistance Council plays a vital role in addressing the unique housing challenges faced by the rural poor and works towards making a difference in their lives.

    Impact

    This information is meant to be a general summary of Housing Assistance Council. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Housing Assistance Council's impact lies in improving housing conditions for the poorest of the poor in the most rural places. Through its lending program, this organization finances affordable housing projects that serve low-income, rural residents and administers several revolving loan funds to promote affordable housing. Additionally, Housing Assistance Council provides below-market financing for affordable housing and community development, technical assistance and training, research and information, and policy formulation to enable solutions for rural communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $100,754
  • Program Service Revenue: $1,752,626
  • Gross Receipts: $26,160,629

    • Assets and Liabilities:
  • Total Assets: $56,351,023
  • Total Liabilities: $18,785,442
  • Net Assets: $37,565,581
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST INC. & SERV. FEES

    Revenue

    $1,664,670

    CONFERENCE REGISTRATION & SUPPORT

    Revenue

    $87,956

    Organization Details

    Founding Year

    1971

    Principal Officer

    David Lipsetz

    Main Address

    1025 VERMONT AVENUE NW 606, WASHINGTON, DC, 20005

    NTEE Category

    Code: L800 - Housing

    If you are a representative of Housing Assistance Council and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.