Public Charity

HANAC INC

HANAC INC is a Public Charity headquartered in ASTORIA, NY. Financial data from the 2025 filing: $24.5M revenue, $20.2M expenses, $33.0M total assets. 3 publicly reported grants to this organization, totaling roughly $106K, appear in IRS filings.

EIN: 112290832 ASTORIA, NY Civil Rights NTEE: R20 Latest filing: 2025
Total Revenue$24.5M
Total Expenses$20.2M
Total Assets$33.0M
Grant Records3
Funding Total$106K
Filing Years2021–2025

Mission

TO DEVELOP, IMPLEMENT AND ADMINISTER VARIOUS SERVICES FOR THE BETTERMENT OF THE GENERAL COMMUNITY INCLUDING SOCIAL, EDUCATIONAL, EMPLOYMENT TRAINING, MENTAL HEALTH, CULTURAL, CHILD CARE, HOUSING, HOME CARE FOR SENIOR CITIZENS, AND YOUTH SERVICES, TO ANY AND ALL WHO ARE NEEDY WITHOUT DISCRIMINATION AS TO RACE, CREED, NATIONAL ORIGIN OR OTHER DEFINING CHARACTERISTIC, AND TO WORK CLOSELY WITH OTHER SERVICE PROVIDERS, THE CITY, STATE AND FEDERAL GOVERNMENT FOR THE BETTERMENT OF THE COMMUNITY.

Where $100 goes at Hanac Inc

How Hanac Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$84 Programs the work itself
$16 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $84 for programs

$38
Youth services
46% of program spending
$20
Aging -the Hanac senior centers offer citizens, age 60 and above, an opportunity to gather in a congenial environment to participate in activities that will enhance their ability…
24% of program spending · Reported in the filing: 50,000 meals; 12 classes; 2,000 clients
$13
Social services
15% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Allison Musmand
DIRECTOR OF PROGRAMS & DEVELOPMENT Andrea Jerves
BOARD MEMBER Constantina Papageorgiou
BOARD MEMBER Demetria Tsagaris
TREASURER Dennis Yuelys
BOARD MEMBER Dr George Syros

Officer compensation and complete director data available with membership.

Top Grant Purposes

Training & Professional Development
$20,882 1 grant
General Support
$10,000 1 grant
Unspecified
$74,890 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $24.5M $20.2M $33.0M
2024 $19.9M $19.1M $30.6M
2023 $18.7M $18.1M $29.1M
2022 $20.4M $16.4M $28.1M
2021 $13.9M $15.0M $24.9M

Between 2021 and 2025, reported annual revenue grew from $13.9M to $24.5M (+76%), with total assets most recently reported at $33.0M.

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

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