Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
12 people listed on the 990; $204K paid to officers and key staff.
Eileen Peltier’s $172K as President is at the 30th percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 6 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Eileen Peltier | $172,239 | $204,000 | $189,694 | $191,000 | $39,615 |
| Elton Ogden | — | — | — | — | $198,130 |
| Lisa Wright | — | — | — | $141,653 | $163,551 |
| Matthew Kropke | $115,431 | — | — | — | — |
| Allison Maxfield | $81,261 | — | — | — | — |
| Kristin Coyne | $58,392 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Hearthway INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Develops affordable housing and administers rental assistance programs for low-income individuals and families.
Questions for Hearthway INC
Your first name shows with your question. Hearthway INC answers here, for everyone.
Berkshire Housing administers the Section 8 Housing Choice Voucher and Section 8 Mod Rehab rental assistance programs in Berkshire County under contract with DHCD. Section 8 rental vouchers provide rent subsidies to more than 570 low-income families who reside in privately owned housing throughout the County.
Hcec
The Housing Consumer Education Center serves as a single source of information, referrals and services for anyone with a housing related issue. Tenants, landlords, prospective buyers, and homeowners can access information designed to maximize housing stability, strengthen investments, and minimize disputes.
Other program services
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported 1 finding: a material weakness in money controls.
The auditor reported no findings.
The auditor reported no findings.
The auditor reported no findings.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.5M | $1.6M |
| InvestmentsLn 11–13 | $76K | $44K |
| Land, buildings, equipmentLn 10c | $23K | $22K |
| Total assetsLn 16 | $8.4M | $8.3M |
| LiabilitiesLn 26 | $721K | $634K |
| Net assetsLn 32 | $7.6M | $7.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $550K | $550K | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $204K | $165K | $29K | $10K |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $1.5M | $1.2M | $207K | $74K |
| Pension plan contributionsLn 8 | $63K | $51K | $9K | $3K |
| Other employee benefitsLn 9 | $193K | $156K | $27K | $10K |
| Payroll taxesLn 10 | $126K | $102K | $18K | $6K |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $21K | $17K | $3K | $1K |
| Accounting feesLn 11c | $30K | $24K | $4K | $2K |
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $18K | $15K | $3K | $922 |
| Office expensesLn 13 | $61K | $50K | $9K | $3K |
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $67K | $54K | $9K | $3K |
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $7K | $6K | $1K | $370 |
| InterestLn 20 | $5K | $4K | $683 | $244 |
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $2K | $1K | $251 | $88 |
| InsuranceLn 23 | $39K | $32K | $5K | $2K |
| Other expenses (24a–d)Ln 24 | $578K | $550K | $21K | $7K |
| All other expensesLn 24e | $46K | $37K | $6K | $2K |
| Total functional expensesLn 25 | $3.5M | $3.0M | $351K | $125K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS May 13, 2026 | $20.9M | $20.8M | $24K | $9.1M | 990 PDF |
| FY2024 ViewingFiled with the IRS Dec 5, 2024 | $3.7M | $3.5M | $257K | $7.6M | 990 PDF |
| FY2023Filed with the IRS Nov 25, 2023 | $2.7M | $2.8M | −$81K | $7.6M | 990 PDF |
| FY2022Filed with the IRS Nov 17, 2022 | $3.2M | $2.1M | $1.1M | $7.7M | 990 PDF |
| FY2021Filed with the IRS Jan 27, 2022 | $2.5M | $1.9M | $590K | $6.6M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $3,744,372 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, no flags
Part VIII · Statement of revenue $3,744,372 across 9 lines filed
Part IX · Statement of functional expenses $3,487,679 across 31 lines filed
Part X · Balance sheet $8,274,911 assets, 20 lines filed
Part XI · Reconciliation of net assets $7,640,478 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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