Public Charity

HEARTHWAY INC

HEARTHWAY INC is a Public Charity headquartered in PITTSFIELD, MA. Financial data from the 2025 filing: $20.9M revenue, $20.8M expenses, $19.3M total assets. 8 publicly reported grants to this organization, totaling roughly $1.6M, appear in IRS filings.

EIN: 042483322 PITTSFIELD, MA Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$20.9M
Total Expenses$20.8M
Total Assets$19.3M
Grant Records8
Funding Total$1.6M
Filing Years2020–2025

Mission

DEVELOPMENT AND OPERATION OF HOUSING AND COMMUNITY DEVELOPMENT PROJECTS AND PROGRAMS THAT BENEFIT LOW AND MODERATE INCOME PEOPLE. MOST SIGNIFICANT CURRENT ACTIVITIES ARE DEVELOPING AFFORDABLE HOUSING, ADMINISTERING THE SECTION 8 HCV PROGRAM, ADMINISTERING HOUSING ASSISTANCE PROGRAMS INCLUDING RAFT, HOMEBASE AND NEIGHBOR TO NEIGHBOR AND OPERATING THE REGION.

Officers & Directors

CFO Allison Maxfield
DIRECTOR Amber Besaw
DIRECTOR Cheryl Tripp-Cleveland
PRESIDENT Eileen Peltier
DIRECTOR Jay Sacchetti
DIRECTOR OF PORTFOLIO OPERATIONS Kristin Coyne

Officer compensation and complete director data available with membership.

Top Grant Purposes

Community Impact
$1,250,003 1 grant
PROVIDE LOW INCOME HOUSING
$198,936 1 grant
HOMELESSNESS PREVENTION
$147,435 3 grants
HUMAN SERVICES
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $20.9M $20.8M $19.3M
2024 $3.7M $3.5M $8.3M
2023 $2.7M $2.8M $8.4M
2021 $2.5M $1.9M $7.1M
2020 $2.7M $1.4M $6.7M

Between 2020 and 2025, reported annual revenue grew from $2.7M to $20.9M (+660%), with total assets most recently reported at $19.3M.

Interactive year-over-year charts and full filing details available with membership.

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