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HANAC INC
ASTORIA, NY · EIN 112290832 · Form 990 · FY2024 · NTEE R20 · Civil Rights & Advocacy · Large ($10M-$50M) · hanac.org
revenue
$24.5M
expenses
$20.2M
net assets
$16.5M
employees
451
volunteers
185
program ratio
83%
mission · from form 990

TO DEVELOP, IMPLEMENT AND ADMINISTER THE OPERATION OF SERVICE PROGRAMS FOR THE BETTERMENT OF THE COMMUNITY.

profile · synthesized from sources

HANAC Inc is a New York City-based nonprofit founded in 1972 that develops and operates affordable housing and social service programs for low-income communities. The organization provides youth services including after-school tutoring, homework help, and job training, as well as weatherization assistance and senior housing with supportive services. It primarily serves residents in Queens, particularly in Astoria and Corona, through direct program delivery and housing development.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $7.61M
    YOUTH SERVICES - PROVIDES AFTER SCHOOL PROGRAMS IN SCHOOLS, NYCHA'S ASTORIA HOUSING DEVELOPMENT AND ON SITE ON HANAC PROPERTY, TO ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS INCLUDING HOMEWORK HELP, TUTORING, ARTS AND CRAFTS, SPORTS AND CURRICULUM BASED PROGRAMMING AS WELL AS LITERACY PROGRAM TO STUDENTS IN NEED OF THESE SERVICES. YOUTH PROGRAMMING IS AVAILABLE FOR STUDENTS RELATED TO TRAINING AND JOB PLACEMENT .
  2. #2 $1.84M
    RESIDENTIAL - THE WEATHERIZATION ASSISTANCE PROGRAM IS COMMITTED TO REDUCING HEATING AND ELECTRICAL COSTS WHILE INCREASING COMFORT FOR LOW-INCOME FAMILIES BY IMPROVING THE ENERGY EFFICIENCY OF THEIR HOMES. ONCE AN APPLICANT IS DEEMED ELIGIBLE, A COMPREHENSIVE ENERGY ANALYSIS OF THE APPLICANT'S HOME IS CONDUCTED. BASED ON THAT ANALYSIS AND THE FUNDS AVAILABLE, WEATHERIZATION MEASURES ARE INSTITUTED WHICH HAVE BEEN DETERMINED TO BE THE MOST COST-EFFECTIVE IN REDUCING THE APPLICANT'S ENERGY CONSUMPTION WHILE INCREASING THEIR COMFORT.
named programs · 4 · from sources

What they call their work

HANAC Corona Senior Residence
68-unit affordable senior housing building meeting Passive House and Energy Star standards, including tenant services and community spaces
SARA (Senior Affordable Rental Apartments)
Provides social services and community integration support to low-income senior residents in HANAC housing developments
Weatherization Assistance Program
Provides energy efficiency improvements to reduce heating and electrical costs for low-income families through comprehensive home energy analysis and cost-effective retrofits
Youth Services
After-school programs for elementary, middle, and high school students offering homework help, tutoring, arts and crafts, sports, literacy, and job training in schools, NYCHA developments, and on HANAC properties
activities · 4 groups

What they do

  • Affordable Housing Development and Management 1 activity
    • Development of affordable housing for low-income seniors
      Developed a 68-unit affordable housing building for low-income seniors that meets Passive House Institute design standards, NYSERDA Multifamily Performance Standards, and Enterprise Green Communities Criteria.
  • After-School Academic and Enrichment Programs 1 activity
    • Operation of after-school and youth development programs
      Provides after-school programs for elementary, middle, and high school students at schools, NYCHA's Astoria Housing Development, and on-site at HANAC property, including homework help, tutoring, arts and crafts, sports, curriculum-based programming, and literacy support; also offers training and job placement programming for youth.
  • Senior Social & Enrichment Programming 1 activity
    • Provision of social services and community integration for senior residents
      Provides social services and community integration to residents through the SARA program at the Corona Senior Residence.
  • Low-Income Home Energy Efficiency Upgrades 1 activity
    • Weatherization assistance for low-income families
      Operates a weatherization assistance program that conducts comprehensive home energy analyses and implements cost-effective energy efficiency improvements for low-income families to reduce heating and electrical costs and increase comfort.
financials · form 990 · fy2024
revenue
Total revenue$24.46M
Contributions & grants$22.50M92%
Program service revenue$1.41M6%
Investment income$430K2%
Other revenue$129K
expenses
Total expenses$20.20M
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$13.51M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$32.95M
Cash$5.27M
Investments$3.43M
Liabilities$16.46M
Net assets$16.49M
Liquid reserves5.2 mo
6 years on record · 2019–2024 · YoY revenue +22.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
STACY BLIAGOS EXECUTIVE DIRECTOR 14 $201K
LOLA MAROULIS CFO 35 $196K
ANDREA JERVES DIRECTOR OF PROGRAMS & DEVELOPMENT 35 $155K
board members · 12
  • ALLISON MUSMAND — BOARD MEMBER
  • CONSTANTINA PAPAGEORGIOU — BOARD MEMBER
  • DEMETRIA TSAGARIS — BOARD MEMBER
  • DENNIS YUELYS — TREASURER
  • DR GEORGE SYROS — BOARD MEMBER
  • EVANGELINE DOURIS — BOARD MEMBER
  • HELENE O CALOIR — SECRETARY
  • MARIA BETANCES — BOARD MEMBER
  • NICHOLAS TJARTJALIS — VICE PRESIDENT
  • SAVITRI TU — BOARD MEMBER
  • TAMMY BERENTSON — INTERIM CHAIRMAN/PRESIDENT
  • VIRGINIA TRANCHIK — BOARD MEMBER
relationships · 4

Who they work with

  • Mondev Partner — Generous sponsor of the HANAC 54th Annual Gala
  • NYCHA Partner — Collaborates with NYCHA to deliver after-school youth services at the Astoria Housing Development.
  • New York City School Construction Authority Partner — Administers the early childhood education facility located on the ground floor of the HANAC Corona Senior Residence.
  • U.S. Representative Alexandria Ocasio-Cortez Government — Publicly supports HANAC's efforts to keep Queens affordable.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • High-Performance Sustainable Housing Design
    methodology: passive_house_design
    By applying Passive House and Energy Star standards in affordable senior housing, HANAC improves long-term affordability and resident health, because energy-efficient buildings reduce utility costs and maintain consistent indoor air quality and thermal comfort.
  • Integrated Housing and Social Services Model
    methodology: integrated_social_services
    By co-locating housing with social services and community programs, HANAC increases access to support for vulnerable populations, because proximity reduces barriers to engagement and enables holistic care.
  • Intergenerational Co-Location Strategy
    methodology: intergenerational_co_location
    By co-locating senior housing with early childhood education facilities, HANAC fosters mutual social support and community cohesion, because regular intergenerational interaction enhances emotional well-being and reduces isolation for seniors while providing stable, enriching environments for children.