Public Charity

THE HOUSING ASSISTANCE CORPORATION

THE HOUSING ASSISTANCE CORPORATION is a Public Charity headquartered in HENDERSONVILLE, NC. Financial data from the 2024 filing: $4.4M revenue, $3.1M expenses, $10.8M total assets. 40 publicly reported grants to this organization, totaling roughly $2.4M, appear in IRS filings.

EIN: 581831757 HENDERSONVILLE, NC Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$4.4M
Total Expenses$3.1M
Total Assets$10.8M
Grant Records40
Funding Total$2.4M
Filing Years2020–2024

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.

Where $100 goes at The Housing Assistance Corporation

How The Housing Assistance Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$88 Programs the work itself
$9 Management running the organization
$3 Fundraising raising the next dollar

Inside the $88 for programs

$49
Home repair and rehabilitation:hac completed 742 repairs for 164 households or 387 people in 2024
55% of program spending · Reported in the filing: 164 households; 387 people
$24
Multi-family development:hac has created 360 units of affordable rental housing in henderson county over the last 35 years
27% of program spending · Reported in the filing: 360 units of affordable
$15
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…
18% of program spending · Reported in the filing: 213 homes; 857 households
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
HOUSING ASSISTANCE CORPORATION RECEIVED $300,000. FROM THE TRUIST WESTERN NORTH CAROLINA RECOVERY AND RESILIENCY FUND FOR THEIR DISASTER HOME REPAIR AND REBUILD PROGRAM ENSURING HOUSING RECOVERY THROUGH REPAIRS AND WRAP AROUND CASE MANAGEMENT SERVICES IN THE RURAL COMMUNITIES THEY SERVE IN HENDERSON, POLK, AND TRANSYLVANIA COUNTIES.
$300,000
2025
SUPPORT
$10,000
2024
BUILDING COMMUNITY & ECONOMIC VITALITY
$250,000
2024
For grant recipient's exempt purposes
$234,600
2024
General support
$227,500

Showing up to 5 of 40 total records — full history available with membership.

Officers & Directors

SECRETARY Blanca Sanchez
DIRECTOR Doug Harris
MEMBER-AT-LARGE Hilton Swing
DIRECTOR Itzia Moreno
DIRECTOR Jane Mayer
TREASURER Jennifer Duvall

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$976,920 13 grants
Public Safety & Disaster Relief
$320,000 3 grants
Economic Development
$290,000 3 grants
Training & Professional Development
$201,175 2 grants
Human & Social Services
$135,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.4M $3.1M $10.8M
2023 $2.9M $2.8M $8.6M
2022 $2.8M $2.2M $7.7M
2021 $2.1M $1.9M $7.1M
2020 $2.0M $1.7M $6.2M

Between 2020 and 2024, reported annual revenue grew from $2.0M to $4.4M (+124%), with total assets most recently reported at $10.8M.

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

See the full picture for THE HOUSING ASSISTANCE CORPORATION

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