philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Hacd Corp

Tax-deductible

Danbury, CT501(c)(3) EIN 06-1318124Revenue $1.0M in FY2024Latest return filed Nov 12, 2025

On file with the IRSDanbury, CTTax-exempt since Aug 1993Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

To provide housing for homeless and low income individuals.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 06-1318124) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
Run by 4 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $32K a year · 3% of revenue · last 5 filings
A surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
98%
of spending
98% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
10.0 mo
of spending, in cash
10.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$40K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$1.0M
-35% vs prior year
Spent
$1.0M
To programs
98%
Net assets
$3.7M
By yearFY2020–FY2024
Revenue
$1.0M
FY2024▼ -35%
Tap a bar for its year
Revenue by fiscal year
FY2020$863K
FY2021$859K
FY2022$961K
FY2023$1.5M
FY2024$1.0M
Expenses
$1.0M
FY2024-0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$965K
FY2021$960K
FY2022$1.1M
FY2023$1.0M
FY2024$1.0M
Net assets
$3.7M
FY2024▼ -0.7%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.5M
FY2021$3.4M
FY2022$3.2M
FY2023$3.7M
FY2024$3.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

990 PDF Support Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $1.0M Management & general 2% · $18K

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

8 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Elvis Novas
Commissioner
$0Pt VII · Sec A
Rose Morrison
Resident Commissioner
$0Pt VII · Sec A
Jeffrey a Pagelson
Chief Financial Officer
$0Pt VII · Sec A
Devin Luciano-Marra
Executive Director
$0Pt VII · Sec A
Jennifer Delaney
Director of Operations
$0Pt VII · Sec A
Jessica Castro
Operations Manager
$0Pt VII · Sec A
Jeff Rieck
Former Executive Direcotr
$0Pt VII · Sec A
See Hacd Corp 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 15aNo

Programs and updates

Offers housing to homeless and low-income individuals.

Questions for Hacd Corp

Tap to ask. Hacd Corp sees how many people are interested.

Your first name shows with your question. Hacd Corp answers here, for everyone.

1 program · $1.0M · in their own filed words · FY2024
01

Hacd corporation owns and operates 21 units of low-income housing in danbury, connecticut

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 06-1318124) · Dispute this line
$1.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $4.6M · 2020–2024
Housing Authority of the City of DanburyFY2024$979,742
Housing Authority of the City of DanburyFY2023$926,125
Danbury Housing AuthorityFY2022$950,230
Danbury Housing AuthorityFY2021$849,099
Danbury Housing AuthorityFY2020$851,365

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$992K
Other incomeLn 4–11$9K
Investment incomeLn 3$2K
Money outPt IX
$1.0M
Ln 25
Programscol B$1.0M
Managementcol C$18K
Owns and owesPt X
$3.7M
net assets · Ln 32
Cash and savingsLn 1–2$859K
Total assetsLn 16$3.8M
LiabilitiesLn 26$40K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$992K
Investment incomeLn 3$2K
Other incomeLn 4–11$9K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$853K
Cash and savings togetherLn 1–2$859K
Accounts receivableLn 4$118K
Notes and loans receivableLn 7$2.1M
Prepaid expenses and deferred chargesLn 9$10K
Intangible assetsLn 14$79
Other assetsLn 15$663K
Total assetsLn 16$3.8M
LiabilitiesLn 26$40K
Net assetsLn 32$3.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$859K
Total assetsLn 16$3.8M$3.8M
LiabilitiesLn 26$39K$40K
Net assetsLn 32$3.7M$3.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$980K$980K
Other salaries and wagesLn 7$23K$18K$5K
Pension plan contributionsLn 8$4K$3K$756
Other employee benefitsLn 9$5K$4K$1K
Payroll taxesLn 10$2K$2K$394
Legal feesLn 11b$389$389
Accounting feesLn 11c$10K$10K
Advertising and promotionLn 12$87$87
Office expensesLn 13$915$785$130
Information technologyLn 14$555$444$111
OccupancyLn 16$393$393
Depreciation, depletion and amortizationLn 22$53$53
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$1K$1K$259
Total functional expensesLn 25$1.0M$1.0M$18K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 12, 2025 $1.0M$1.0M−$27K$3.7M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $1.5M$1.0M$511K$3.7M 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $961K$1.1M−$118K$3.2M 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $859K$960K−$101K$3.4M 990 PDF
FY2020Filed with the IRS Apr 25, 2022 $863K$965K−$102K$3.5M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $1,002,582 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $939,452$991,981
I-10 Investment incomePrior year $603,557$1,776
I-11 Other revenuePrior year $687$8,825
I-12 Total revenuePrior year $1,543,696$1,002,582
I-13 Grants and similar amounts paidPrior year $926,125$979,742
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $28,327$33,937
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $78,287$16,187
I-18 Total expensesPrior year $1,032,739$1,029,866
I-19 Revenue less expensesPrior year $510,957−$27,284
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $1,002,582 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $991,981$991,981
VIII-3 Investment incomeExcluded from tax $1,776$1,776
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $8,825$8,825
VIII-12 Total revenueRelated to mission $1,000,806 · Unrelated business $0 · Excluded from tax $1,776$1,002,582
Part IX · Statement of functional expenses $1,029,866 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $979,742$979,742
IX-7 Other salaries and wagesPrograms $18,228 · Management $4,557$22,785
IX-8 Pension plan contributionsPrograms $3,026 · Management $756$3,782
IX-9 Other employee benefitsPrograms $4,320 · Management $1,080$5,400
IX-10 Payroll taxesPrograms $1,576 · Management $394$1,970
IX-11b Legal feesManagement $389$389
IX-11c Accounting feesManagement $10,373$10,373
IX-12 Advertising and promotionPrograms $87$87
IX-13 Office expensesPrograms $785 · Management $130$915
IX-14 Information technologyPrograms $444 · Management $111$555
IX-16 OccupancyPrograms $393$393
IX-22 Depreciation, depletion and amortizationPrograms $53$53
IX-23 InsurancePrograms $2,127$2,127
IX-24 Other expenses (24a–d)Programs $1,036 · Management $259$1,295
IX-25 Total functional expensesPrograms $1,011,817 · Management $18,049 · Fundraising $0$1,029,866
Part X · Balance sheet $3,758,879 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $11,206$6,289
X-2 Savings and temporary cash investmentsStart of year $1,152,598$852,796
X-4 Accounts receivableStart of year $186,325$117,809
X-7 Notes and loans receivableStart of year $2,264,594$2,108,848
X-9 Prepaid expenses and deferred chargesStart of year $10,000$10,288
X-14 Intangible assetsStart of year $132$79
X-15 Other assetsStart of year $160,848$662,770
X-16 Total assetsStart of year $3,785,703$3,758,879
X-17 Accounts payable and accrued expensesStart of year $11,464$11,923
X-25 Other liabilitiesStart of year $27,576$27,577
X-26 Total liabilitiesStart of year $39,040$39,500
X-27 Net assets without donor restrictionsStart of year $3,746,663$3,719,379
X-32 Total net assets or fund balancesStart of year $3,746,663$3,719,379
X-33 Total liabilities and net assetsStart of year $3,785,703$3,758,879
Part XI · Reconciliation of net assets $3,719,379 net assets at year end
XI-1 Total revenue$1,002,582
XI-2 Total expenses$1,029,866
XI-3 Revenue less expenses−$27,284
XI-4 Net assets at start of year$3,746,663
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,719,379

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.