2025-11-13T14:21:07-06:00 2024-12-31 350921680 CROWE LLP 225 W WACKER DRIVE SUITE 2600 CHICAGO IL 60606 990 2024-01-01 061386493 HOUSING TELECOMMUNICATIONS INC HOUS 2032728220 189 COMMERCE COURT CHESHIRE CT 064100189 PAUL LAGONIGRO CHIEF FINANCIAL OFFICER & TREASURER 2036496712 2025-11-13 1 0 NATALIE JASPER P01968164 3128997000 2025-11-13 2024 2025-03-06 01:10:19Z EDMUND MALASPINA JR 189 COMMERCE COURT CHESHIRE CT 064100189 2987044 0 X WWW.HOUSINGCENTER.COM X 1993 CT TO DELIVER TRAINING AND EDUCATION PROGRAMS THROUGH A VARIETY OF MEDIA TO PUBLIC AND AFFORDABLE HOUSING AUTHORITIES AND THEIR RESIDENTS. 14 13 0 2 0 0 0 1000000 2336508 1965410 0 21634 0 0 2336508 2987044 1077000 1198000 0 0 1347076 1733889 0 0 0 1083292 1272657 3507368 4204546 -1170860 -1217502 2063385 1003627 921498 1079242 1141887 -75615 TO DELIVER TRAINING AND EDUCATION PROGRAMS THROUGH A VARIETY OF MEDIA TO PUBLIC AND AFFORDABLE HOUSING AUTHORITIES AND THEIR RESIDENTS. 0 0 3370203 1198000 1965410 DELIVERING TRAINING AND EDUCATION PROGRAMS THROUGH A VARIETY OF MEDIA TO EMPLOYEES AND RESIDENTS OF PUBLIC AND LOW INCOME AND AFFORDABLE HOUSING AUTHORITIES THROUGHOUT THE UNITED STATES. 3370203 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X PAUL LAGONIGRO 2032728220 189 COMMERCE COURT CHESHIRE CT 064100189 EDMUND MALASPINA PRESIDENT & CEO 1.00 36.50 X X 0 870066 97813 KEVIN L LOSO BOARD MEMBER 1.00 3.00 X 0 40100 0 VINCE PEARSON BOARD MEMBER 1.00 3.00 X 0 41300 0 RICHARD BROWNE BOARD MEMBER 1.00 3.00 X 0 40100 0 FERNANDO ANIBAN BOARD MEMBER 1.00 3.00 X 0 39052 0 RUSTY YOUNG BOARD MEMBER 1.00 3.00 X 0 40000 0 JEFFERY PATTERSON BOARD VICE CHAIR 1.00 3.00 X 0 45124 0 JAMES DIPAOLO BOARD MEMBER 1.00 3.00 X 0 40076 0 JANE W SMITH BOARD MEMBER 1.00 3.00 X 0 41552 0 DUANE HOPKINS BOARD MEMBER UNTIL 9/24 1.00 3.00 X 0 0 0 DOUGLAS DZEMA BOARD MEMBER 1.00 3.00 X 0 40076 0 EDWIN LOWNDES BOARD MEMBER 1.00 3.00 X 0 39200 0 SCOTT BERTRAND BOARD CHAIR 1.00 3.00 X 0 50080 0 MARY SMITH BOARD MEMBER 1.00 3.00 X 0 40224 0 EDELMIRO HINOJOSA BOARD MEMBER UNTIL 8/24 1.00 3.00 X 0 0 0 ANTHONY JOHNSON BOARD MEMBER BEGIN 9/24 1.00 3.00 X 0 9538 0 AMY GALVIN CHIEF GOVERNANCE AND HR OFFICER & CORP. SECRETARY 1.00 36.50 X 0 380503 96813 TROY LEPAGE EXECUTIVE VP & COO BEGIN 1/24 1.00 36.50 X 0 463414 93717 SHERRYL SULLIVAN CHIEF INSURANCE OFFICER 2.50 35.00 X 0 406926 70183 COURTNEY RICE CHIEF COMM. OFFICER UNTIL 5/24 5.00 32.50 X 0 394093 52615 PAUL LAGONIGRO CHIEF FINANCIAL OFFICER BEGIN 1/24 1.00 36.50 X 0 265018 85216 TREVOR HORN ASSISTANT CORP. SECRETARY BEGIN 5/24 1.00 36.50 X 0 158244 60717 KRISTINA TATROE DIRECTOR OF ONLINE TRAINING 30.00 7.50 X 0 194956 56353 0 3639642 613427 0 0 1 0 NAN MCKAY & ASSOCIATES 1810 GILLESPIE WAY SUITE 202 EL CAJON CA 92020 CONSULTING, TRAINING, AND PROGRAM MANAGE 184245 CONSORTIUM FOR HOUSING AND ASSET MANAGEM 1101 STPAUL STREET SUITE 603 BALTIMORE MD 21202 CONSULTING, TRAINING, AND PROGRAM MANAGE 133253 2 1000000 1000000 SUBSCRIPTION FEES 611430 1102608 1102608 PAY PER VIEW FEES 611430 843452 843452 CERTIFICATION FEES 611430 19350 19350 1965410 21634 21634 2987044 1965410 0 21634 1198000 1198000 1311360 922721 388639 148210 105630 42580 183075 120831 62244 91244 67708 23536 3619 3619 19899 19899 95040 36985 58055 30241 29918 323 94019 25186 68833 221406 178559 42847 32431 32431 50801 37045 13756 7009 17 6992 39637 27890 11747 21222 21222 EDUCATIONAL DEVELOPMENT 322066 322066 EDUCATIONAL PRODUCTION 245681 245681 REGISTRATIONS & SPONSOR 31902 31835 67 OTHER TAXES 12704 12704 44980 20131 24849 4204546 3370203 834343 0 1938816 0 0 934291 92553 43760 1297 1623 30719 23953 2063385 1003627 215933 333466 529245 537657 176320 208119 921498 1079242 X 1141887 -75615 1141887 -75615 2063385 1003627 -1217502 0 X 0 1 X 1 0 X 1000000 1000000 2544185 2521035 2554034 2336508 1965410 11921172 2544185 2521035 2554034 2336508 2965410 12921172 1000000 1000000 224558 74790 74460 373808 224558 74790 74460 1000000 1373808 11547364 21634 21634 21634 21634 2544185 2521035 2554034 2336508 2987044 12942806 0.89220 0.94990 0.00170 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AFFILIATES 208119 208119 X 2987044 0 2987044 0 2987044 4204546 0 4204546 0 4204546 PART X, LINE 2: THE COMPANY HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING THAT THE COMPANY QUALIFIES UNDER THE PROVISIONS OF 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE COMPANY ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FASB ASC 740, "INCOME TAXES", WITH RESPECT TO HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR FINANCIAL STATEMENTS. THE COMPANY DID NOT RECORD ANY UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2024 AND 2023. THE COMPANY DOES NOT BELIEVE IT IS REASONABLY POSSIBLE THAT ITS UNRECOGNIZED TAX BENEFITS WOULD MATERIALLY CHANGE IN THE NEXT TWELVE MONTHS. ALL TAX YEARS FROM 2020 FORWARD ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE COMPANY'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF ITS PROVISION FOR INCOME TAXES. AS OF DECEMBER 31, 2024 AND 2023, THE COMPANY DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. 1 PUBLIC AND AFFORDABLE HOUSING RESEARCH CORP 189 COMMERCE COURT POBOX 189 CHESHIRE CT 06410 451470844 501(C)(3) 1198000 0 PUBLIC AND AFFORDABLE HOUSING RESEARCH CORPTO SUPPORT PAHRC'S EXEMPT PURPOSES, NAMELY FOR GENERAL SUPPORT OF AND TO ASSIST PAHRC IN CARRYING OUT RESEARCH PROJECTS AND CONSULTATIONS BASED ON THEIR RESEARCH THAT WILL INFORM RESIDENTS, OWNERS, OPERATORS, DEVELOPERS, AND REGULATORS OF, AND VENDORS TO, PUBLIC AND AFFORDABLE HOUSING THROUGHOUT THE UNITED STATES. 1 0 PART I, LINE 2: MONITORING THE USE OF FUNDS IS THE RESPONSIBILITY OF THE BOARD OF DIRECTORS. HTI AND PAHRC HAVE AN IDENTICAL BOARD. IN ADDITION, OPERATIONAL AND FINANCIAL REPORTS, INCLUDING FINANCIAL STATEMENTS, FROM PAHRC ARE PROVIDED TO SUBSTANTIATE THE OPERATIONS OF THE ORGANIZATIONS AND THE USE OF THE FUNDS. 1 0 0 0 0 0 0 1 0 EDMUND MALASPINA PRESIDENT & CEO 0 524474 0 345592 0 0 0 54905 0 42908 0 967879 0 0 TROY LEPAGE EXECUTIVE VP & COO BEGIN 1/24 0 331937 0 131477 0 0 0 51287 0 42430 0 557131 0 0 AMY GALVIN CHIEF GOVERNANCE AND HR OFFICER & CO 0 254116 0 126387 0 0 0 54905 0 41908 0 477316 0 0 SHERRYL SULLIVAN CHIEF INSURANCE OFFICER 0 279285 0 127641 0 0 0 54905 0 15278 0 477109 0 0 COURTNEY RICE CHIEF COMM. OFFICER UNTIL 5/24 0 193301 0 98623 0 102169 0 18798 0 33817 0 446708 0 0 PAUL LAGONIGRO CHIEF FINANCIAL OFFICER BEGIN 1/24 0 215397 0 49621 0 0 0 42308 0 42908 0 350234 0 0 KRISTINA TATROE DIRECTOR OF ONLINE TRAINING 0 161115 0 33841 0 0 0 26223 0 30130 0 251309 0 0 TREVOR HORN ASSISTANT CORP. SECRETARY BEGIN 5/24 0 139087 0 19157 0 0 0 20809 0 39908 0 218961 0 0 PART I, LINE 3 THE ORGANIZATION'S CEO IS COMPENSATED BY A RELATED ORGANIZATION UNDER A COMMON PAYMASTER ARRANGEMENT. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH HIS COMPENSATION: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4A DURING CALENDAR YEAR 2024, COURTNEY RICE RECEIVED SEVERANCE PAYMENTS FROM THE RELATED ORGANIZATION TOTALING $102,169. THIS AMOUNT WAS TREATED AS TAXABLE COMPENSATION AND IS INCLUDED IN FORM 990, SCHEDULE J, PART II, COLUMN B(III). PART I, LINE 7 DURING CALENDAR YEAR 2024, EACH OF THE INDIVIDUALS WITH REPORTABLE COMPENSATION ON FORM 990, PART VII, SECTION A WAS ELIGIBLE FOR A NONFIXED BONUS UNDER THE HAI GROUP ANNUAL INCENTIVE PLAN (AIP). THE AIP IS BASED ON ORGANIZATIONAL AND INDIVIDUAL PERFORMANCE CRITERIA, WITH THE BOARD AND EXECUTIVE MANAGEMENT HAVING DISCRETION OVER THE BONUS POOL. FORM 990, PART VI, SECTION A, LINE 2 THE ORGANIZATION'S DIRECTORS (SCOTT BERTRAND, EDWIN LOWNDES, DOUGLAS DZEMA, JAMES DIPAOLO, JANE SMITH, MARY SMITH, JEFFERY PATTERSON, RUSTY YOUNG, FERNANDO ANIBAN, RICHARD BROWNE, EDMUND MALASPINA, VINCE PEARSON, KEVIN LOSO, DUANE HOPKINS, EDELMIRO HINOJOSA, ANTHONY JOHNSON) AND OFFICERS (EDMUND MALASPINA, AMY GALVIN, TROY LEPAGE, SHERRYL SULLIVAN, COURTNEY RICE, PAUL LAGONIGRO, TREVOR HORN) ARE PART OF THE SAME MANAGEMENT TEAMS FOR RELATED TAXABLE ENTITIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF THE FORM 990 IS CONDUCTED BY THE CHIEF FINANCIAL OFFICER & TREASURER, CHIEF OPERATING OFFICER, EXECUTIVE VICE PRESIDENT, AND ASSISTANT TREASURER. THE ORGANIZATION PROVIDES A COMPLETE COPY OF THE FORM 990 TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL OFFICERS, DIRECTORS AND EMPLOYEES TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE COMPLETED FORMS ARE REVIEWED BY THE HUMAN RESOURCE DEPARTMENT TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS ARE FURTHER EVALUATED BY THE CEO, AND IF WARRANTED, ARE BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS FOR DISCUSSION AND RESOLUTION. SIMILARLY, ANY POTENTIAL CONFLICTS OF INTEREST THAT ARE BROUGHT TO THE ATTENTION OF THE ORGANIZATION BY THE OUTSIDE AUDITORS OR BY AN EMPLOYEE OR OTHER PERSON ARE INVESTIGATED AND RESOLVED IN ACCORDANCE WITH THE PROCEDURES DISCUSSED ABOVE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S CEO IS COMPENSATED BY A RELATED ORGANIZATION UNDER A COMMON PAYMASTER ARRANGEMENT. THE RELATED ORGANIZATION USES INDEPENDENT 3RD PARTY SALARY SURVEYS TO ASSIST IN DETERMINING HIS COMPENSATION WHICH IS APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MINUTES. THE LAST REVIEW THE CEO'S COMPENSATION BEGAN ON 7/22/2024 AND WAS COMPLETED ON 8/30/2024. OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ARE COMPENSATED BY A RELATED ORGANIZATION UNDER A COMMON PAYMASTER ARRANGEMENT. THE RELATED ORGANIZATION REVIEWS ALL COMPENSATION AS PART OF ITS ANNUAL BUDGETING PROCESS, WHICH OCCURRED IN 2024 AND IS DOCUMENTED IN THE MINUTES. THE RELATED ORGANIZATION USES INDEPENDENT THIRD PARTY SALARY SURVEYS TO ASSIST IN DETERMINING THEIR COMPENSATION EVERY THREE YEARS AND IN CASES OF NEW HIRES, PROMOTIONS, AND SIGNIFICANT CHANGES IN ROLES OR RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HOUSING AUTHORITY RISK RETENTION GROUP INC 189 COMMERCE COURT CHESHIRE CT 06410 061206658 PROVIDES LIABILITY INS. COVERAGE TO MEMBERS OF PHA'S IN THE U.S. VT N/A 0 HOUSING AUTHORITY PROPERTY INSURANCE A MUTUAL COMPANY 189 COMMERCE COURT CHESHIRE CT 06410 061206659 PROVIDES PROPERTY INS. COVERAGE TO MEMBERS OF PHA'S IN THE U.S. VT N/A 0 HOUSING AUTHORITY INSURANCE INC 189 COMMERCE COURT CHESHIRE CT 06410 222935104 DEVELOPMENT AND MARKETING OF RISK MANAGEMENT AND INSURANCE PROGRAMS DC 501(C)(4) N/A 0 PUBLIC AND AFFORDABLE HOUSING RESEARCH CORPORATION 189 COMMERCE COURT CHESHIRE CT 06410 451470844 PERFORM RESEARCH PROJECTS FOR PUBLIC AND AFFORDABLE HOUSING CT 501(C)(3) LINE 12B, II N/A 0 HOUSING INVESTMENT GROUP INC 189 COMMERCE COURT CHESHIRE CT 06410 061448816 HOLDING COMPANY DE N/A C 0 HOUSING ENTERPRISE INSURANCE COMPANY INC 189 COMMERCE COURT CHESHIRE CT 06410 061597889 INSURANCE VT N/A C 0 HOUSING INSURANCE SERVICES INC 189 COMMERCE COURT CHESHIRE CT 06410 061314815 INSURANCE AGENCY CT N/A C 0 HOUSING SPECIALTY INSURANCE COMPANY INC 189 COMMERCE COURT CHESHIRE CT 06410 464271747 INSURANCE VT N/A C 0 INNOVATIVE HOUSING INSURANCE COMPANY INC 189 COMMERCE COURT CHESHIRE CT 06410 474611632 INSURANCE COMPANY VT N/A C 0 HOUSING ALLIANCE GROUP LLC 189 COMMERCE COURT CHESHIRE CT 06410 474650587 ASSISTING PUBLIC HOUSING AUTHORITIES VT N/A C 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 HOUSING AUTHORITY RISK RETENTION GROUP INC M 2297014 ACTUAL