Massachusetts · Nonprofit
HOUSING ASSISTANCE CORPORATION
HOUSING ASSISTANCE CORPORATION (Massachusetts) receives grants from 81 organizations whose IRS filings report $7,331,545 to it, the largest being Cape Cod Foundation Inc ($2,528,471). 51 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $57M
- Funders on record
- 81
- Grants received
- $7.3M
- Net assets
- $19M
What Housing Assistance Corporation does
Mission
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.
As stated on its FY2025 Form 990.
Programs
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.
$34,061,878 spentof which $25,096,271 as grants$394,802 earned by the program75% of program spendingEnergy 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.
$8,427,598 spentof which $7,348,126 as grants$3,766,544 earned by the program19% of program spendingProperty 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.
$2,728,542 spentof which $1,548,622 as grants$4,825,341 earned by the program6% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $45,218,018.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $28M to $47M (+67%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 85% · 2018 80% · 2019 81% · 2020 79% · 2021 83% · 2022 84% · 2023 81% · 2024 77% · 2025 75%. Grants only. Government contracts and fees sit inside program revenue.
83% of HOUSING ASSISTANCE CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Alisa Magnotta
CEO
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2018 and FY2019 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 30 funders, grant income rose $170k → $562k.
13 of 81 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HOUSING ASSISTANCE CORPORATION’s funders (the co-funder graph). Top 30 of 81 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HOUSING ASSISTANCE CORPORATION has a broad base — no single funder exceeds 34% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
59% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOUSING ASSISTANCE CORPORATION.
Largest funder’s share by year: 2017 21% · 2018 13% · 2019 14% · 2020 19% · 2021 14% · 2022 15% · 2023 15% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
51% of HOUSING ASSISTANCE CORPORATION's funders are still giving 3 years after their first grant; 63% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
51% of HOUSING ASSISTANCE CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.6M that is directly attributable, 64% of it comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.7M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HOUSING ASSISTANCE CORPORATION runs a healthier operating margin than half of the 488 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 488 housing & shelter nonprofits $10M–$100M, FY2025
Government funding HOUSING ASSISTANCE CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $27.1M on record — $8.4M federal, $18.7M state.
- Department of Housing and Urban Development$8.4M
- (PP) STATE AID/POL SUB$9.5M
- (RR) BENEFIT PROGRAMS$5.3M
- (MM) PURCHASED CLIENT/PROGRAM SVCS$3.9M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HOUSING ASSISTANCE CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 10 related entities
- Hac LLC · disregarded
- Great Cove Community LLC · disregarded
- Hac Lofts LLC · disregarded
- Hac Love Lane LLC · disregarded
- 268 Stevens Housing LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for HOUSING ASSISTANCE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HOUSING ASSISTANCE CORPORATION?
- HOUSING ASSISTANCE CORPORATION (Massachusetts) receives grants from 81 organizations whose IRS filings report $7,331,545 to it, the largest being Cape Cod Foundation Inc ($2,528,471). 51 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HOUSING ASSISTANCE CORPORATION have?
- IRS filings report 81 organizations giving $7,331,545 in grants to HOUSING ASSISTANCE CORPORATION, 51 of which have funded it in more than one year.
- Who is the largest funder of HOUSING ASSISTANCE CORPORATION?
- Cape Cod Foundation Inc is the largest funder on record, with $2,528,471 in grants. The full list of funders is on this page.
- How can an organization like HOUSING ASSISTANCE CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Housing Assistance →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 81 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing