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.
Donations are tax-deductible
Category
Other
Employees
52
Volunteers
15
Financial Snapshot
FY ending 2024-09-30
Revenue
$16.4M
Expenses
$14.4M
Assets
$73.0M
Liabilities
$27.8M
Financial history
$16.4M$8.2M$0
15161718192021222324
RevenueExpenses
Latest FY2024: $16.4M · Avg: $9.7M
501(h) election
This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.