NonprofitsHousing Assistance Corporation

Housing & Shelter

Housing Assistance Corporation

HENDERSONVLLE, NC

Total revenue

$4.4M

Total expenses

$3.1M

Net assets

$6.7M

Grants received

$3.1M

42 grants

EIN

581831757

Tax year

2024

Mission

The housing assistance corporation is a public, 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.

Programs

2 programs

Single-family development:in 2024, hac completed 2 single family homes in henderson county and 4 single family homes in polk county and began construction on 6 others which will be completed in 2025. Over its history hac has built 213 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 857 households in the recruitment process at year end.

Expenses: $472K

Home repair and rehabilitation:hac completed 742 repairs for 164 households or 387 people in 2024.

Expenses: $1.5M

Financials

FY 2024

Revenue

Contributions & grants$2.8M
Program service revenue$1.2M
Investment income$175K
Other revenue$119K
Total revenue$4.4M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising$125K
Other expenses$2.0M
Total expenses$3.1M
Total assets$10.8M
Net assets$6.7M

People

17 listed

NameRoleCompensation

SUSAN FRADY 11-630

INTERIM EXECUTIVE DIRECTOR

Board

$81K

40 hrs/wk

KAREN MILFORD

FINANCE DIRECTOR

Board

$74K

40 hrs/wk

MARGARET FENTON LEBECK

EXECUTIVE DIRECTOR

Board

$60K

40 hrs/wk

JENNIFER DUVALL

TREASURER

Board

2 hrs/wk

NOELLE MCKAY

MEMBER-AT-LARGE

Board

1 hrs/wk

HILTON SWING

MEMBER-AT-LARGE

Board

1 hrs/wk

MALLORY BENJAMIN

DIRECTOR

Board

1 hrs/wk

SONYA FLYNN

DIRECTOR

Board

1 hrs/wk

STEPHEN WILKIE

PRESIDENT

Board

2 hrs/wk

NORY LEBRUN

DIRECTOR

Board

1 hrs/wk

JANE MAYER

DIRECTOR

Board

1 hrs/wk

JENNIFER MAYNOR

DIRECTOR

Board

1 hrs/wk

ITZIA MORENO

DIRECTOR

Board

1 hrs/wk

KEITH NORTON

DIRECTOR

Board

1 hrs/wk

DOUG HARRIS

DIRECTOR

Board

1 hrs/wk

TYLER HENRY

VICE PRESIDENT

Board

2 hrs/wk

BLANCA SANCHEZ

SECRETARY

Board

2 hrs/wk

Independent contractors

WGLA ENGINEERING PLLC

ENGINEERING

$197K

Grants received

Showing 42 of 42

FromAmountPurposeYear
$500K
GENERAL OPERATING SUPPORT FOR AFFORDABLE HOUSING IN HENDERSON, POLK, AND TRANSYLVANIA COUNTIES.
2024
$255K
GENERAL OPERATING SUPPORT FOR TENANT ASSISTANCE POST-HURRICANE HELENE.
2024
$134K
UNRESTRICTED
2024
$100K
HOP CAPACITY BUILDING FUNDS
2024
$100K
Helene Relief Project
2024
$73K
Support for safe & affordable housing
2024
$29K
GRANT WRITING SUPPORT FOR FEDERAL FUNDS TO EXPAND AFFORDABLE HOUSING IN HENDERSON COUNTY.
2024
$25K
Open Doors Homeownership Grant
2024
$15K
LITTLE WHITE OAK SUBDIVISION WATER PUMP STATION
2024
$13K
DISCRETIONARY STAFF CARE AND SUPPORT FOLLOWING HURRICANE HELENE.
2024
$10K
NOW GRANT - HURRICANE HELENE RELIEF
2024
$10K
FUNDING WILL BE USED FOR HELENE DISASTER RECOVERY HOME REPAIR IN POLK COUNTY. IF THE GRANT IS NOT USED IN ITS ENTIRETY, THE REMAINING FUNDS WILL BE KEPT AND USED LOCALLY.
2024
$10K
HURRICANE HELENE HOUSING RELIEF
2024
$10K
Materials for Repairs
2024
$9K
TECHNOLOGY ASSISTANCE ITEMS
2024
$101K
HOP CAPACITY BUILDING FUNDS
2023
$75K
DERMID AVENUE DEVELOPMENT SUPPORT.
2023
$50K
HOME REPAIR PROGRAM ASSISTS LOW-INCOME INDIVIDUALS WHO ARE AT 80% AREA MEDIAN INCOME.
2023
$30K
Material and Repairs
2023
$16K
TECHNOLOGY UPGRADES FOR HOUSING ASSISTANCE CORP.
2023
$5K
For grant recipient's exempt purposes
2023
$5K
COMPLETION OF SWEAT EQUITY HOMES
2023
$650K
THE APPLICANT HAS DEVELOPED A REASONABLE SET OF DEVELOPMENT SCENARIOS THAT WILL RESULT IN THE SIGNIFICANT PRODUCTION OF AFFORDABLE RENTAL, FOR-SALE, AND POTENTIALLY SUPPORTIVE HOUSING UNITS AT A SITE PROXIMATE TO HENDERSONVILLE.
2022
$181K
OPERATING SUPPORT
2022
$30K
GENERAL SUPPORT
2022
$25K
HOME REPAIR
2022
$20K
BUILDING COMMUNITY & ECONOMIC VITALITY
2022
$8K
UNRESTRICTED
2022
$5K
For grant recipient's exempt purposes
2022
$15K
UNRESTRICTED GENERAL
2021
$15K
LITTLE WHITE OAK POLK COUNTY INFRASTRUCTURE
2021
$309K
CAPACITY BUILDING GRANT
2020
$62K
PROGRAM SUPPORT
2020
$35K
NOW/IMPACT GRANT
2020
$20K
BUILDING COMMUNITY & ECONOMIC VITALITY
2020
$35K
RESIDENTIAL RENOVATIONS
2017

Funded by

$3.1M from 19 funders · 42 grants · 2017–2024

Dogwood Health Trust

$1.9M · 8 grants · 2020–2024

Impact Health

$382K · 3 grants · 2022–2024

Community Foundation Of Henderson

$162K · 5 grants · 2020–2023

Network For Good

$142K · 2 grants · 2022–2024

Pisgah Health Foundation

$127K · 4 grants · 2020–2024

The Golden Leaf Inc

$100K · 1 grant · 2024

Wnc Bridge Foundation

$45K · 2 grants · 2020–2024

Details

EIN581831757
NTEE codeL210
Subsection03
Ruling date1989-04
Formed1988
Employees21
Volunteers49
HOUSING ASSISTANCE CORPORATION — Mission, Financials & Grants Received | Grantivo