HOUSING ASSISTANCE COUNCIL Charity Report

Public IRS 990 nonprofit record

HOUSING ASSISTANCE COUNCIL

EIN 52-0939288 · Housing & Shelter (L800)

What they do

THE EXEMPT PURPOSE is to IMPROVE HOUSING CONDITIONS for THE RURAL POOR, WITH EMPHASIS ON THE POOREST of THE POOR IN THE MOST RURAL PLACES. HOUSING ASSISTANCE COUNCIL (HAC) 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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.48%of revenue went to mission work81.5% of expenses · Program services

2.59%of revenue went to fundraising2.1% of expenses

$122.00spent for every $100 of revenueSpending was higher than revenue this year.

19.93%of revenue went to management and office costs16.3% of expenses

$5.50in assets for every $1 spent this yearSome assets cannot be spent right away.

64.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,657,511 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $410,247 for DAVID LIPSETZ (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,080,098

Mission workProgram services$12,017,65699.48% of revenue81.5% of expenses

ManagementOffice and general costs$2,407,59419.93% of revenue16.3% of expenses

FundraisingAsking for donations$312,3592.59% of revenue2.1% of expenses

Total expenses$14,737,609122.00% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.5% mission · 16.3% management · 2.1% fundraisingTotal expenses: 122.00% of revenue

2023Expense mix: 78.3% mission · 17.5% management · 4.2% fundraisingTotal expenses: 87.87% of revenue

2022Expense mix: 84.7% mission · 9.7% management · 5.7% fundraisingTotal expenses: 71.48% of revenue

2021Expense mix: 86.4% mission · 8.4% management · 5.2% fundraisingTotal expenses: 58.91% of revenue

2020Expense mix: 87.7% mission · 6.0% management · 6.3% fundraisingTotal expenses: 68.96% of revenue

2019Expense mix: 82.6% mission · 9.9% management · 7.5% fundraisingTotal expenses: 112.34% of revenue

2018Expense mix: 88.7% mission · 7.8% management · 3.5% fundraisingTotal expenses: 160.35% of revenue

2017Expense mix: 85.3% mission · 11.6% management · 3.1% fundraisingTotal expenses: 101.37% of revenue

Money in and money out

Revenue$12,080,098

Expenses$14,737,609

Annual shortfall $2,657,511 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,017,656 · 81.5% of expenses

Management and office costs$2,407,594 · 16.3% of expenses

Fundraising$312,359 · 2.1% of expenses

See all reported dollar amounts

Revenue$12,080,098

Expenses$14,737,609

Assets$81,065,745

Income$23,933,604

Contributions$7,732,793

Mission work (program services)$12,017,656

Fundraising$312,359

Grants given$7,291,994

Average grant$32,995

Management and general$2,407,594

Executive compensation (total)$656,142

Stocks and bonds$11,262,112

Accounting fees$89,402

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID LIPSETZPRESIDENT & CEO · 38 hrs/week $410,247Base $375,154 · Other $35,093

SIMON PETER KABOGOZAASST. TREAS./DIR. FIN. & ADMIN · 38 hrs/week $239,896Base $197,989 · Other $41,907

JONATHAN HARWITZSECRETARY/DIRECTOR OF PUBLIC POLICY · 38 hrs/week $231,975Base $174,340 · Other $57,635

TRAVIS LANCE GEORGEDIRECTOR OF RESEARCH & INFORMATION · 38 hrs/week $210,993Base $186,043 · Other $24,950

EILEEN NEELYLENDING DIRECTOR (UNTIL 9/2024) · 38 hrs/week $210,131Base $179,963 · Other $30,168

SHONTERRIA CHARLESTONDIRECTOR- TRAINING/TECHNICAL · 38 hrs/week $205,910Base $170,314 · Other $35,596

KRISTIN BLUMLENDING DIRECTOR (AS OF 9/2024) · 38 hrs/week $178,794Base $142,410 · Other $36,384

JENNIFER MCALLISTERDIRECTOR OF DEVELOPMENT · 38 hrs/week $170,232Base $150,372 · Other $19,860

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

DAVID LIPSETZPRESIDENT & CEO

SIMON PETER KABOGOZAASST. TREAS./DIR. FIN. & ADMIN

JONATHAN HARWITZSECRETARY/DIRECTOR OF PUBLIC POLICY

TRAVIS LANCE GEORGEDIRECTOR OF RESEARCH & INFORMATION

EILEEN NEELYLENDING DIRECTOR (UNTIL 9/2024)

SHONTERRIA CHARLESTONDIRECTOR- TRAINING/TECHNICAL

KRISTIN BLUMLENDING DIRECTOR (AS OF 9/2024)

JENNIFER MCALLISTERDIRECTOR OF DEVELOPMENT

NATALIE MAXWELLDIRECTOR/AT LARGE

MARCIA ERICKSONDIRECTOR

NICK MITCHELL-BENNETTDIRECTOR

PEDRO RODRIGUEZDIRECTOR

RUSTY SMITHDIRECTOR/AT LARGE

SCOTT MCREYNOLDSDIRECTOR

THERESA SINGLETONVICE CHAIR

TOM MANNING-BEAVINTREASURER (UNTIL 9/1/25)

VANESSA JOSEYDIRECTOR

MIGUEL CHACONDIRECTOR

MELLOR WILLIETREASURER

MARY ADAMSDIRECTOR

ANDREW B WINTERDIRECTOR

LAURA BUXBAUMCHAIR (UNTIL 9/25/25)

KARAMA NEALCHAIR

JULIA MALINOWKSIDIRECTOR

ELISABETH COATSDIRECTOR/AT LARGE (UNTIL 3/25/25)

DAVE CASTILLODIRECTOR

CONNIE WRIGHTDIRECTOR

BENNIE THOMPSONDIRECTOR

ARTURO ALVARADODIRECTOR

About this charity

Recognized since: January 1974
Location: 1828 L ST NW 505, WASHINGTON, DC 20036
County: District of Columbia
In care of: DAVID LIPSETZ
Primary officer: DAVID LIPSETZ, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailhac@ruralhome.org Phone(202) 842-8600

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: AAFCPAS INC
NTEE classification: Housing & Shelter (L800)
IRS tax category: Other Community Housing Services
Grant-giving organization: Yes