Homeless Action Committee

“John and courtney olsen - family relationship”

“During april 2018, the day-to-day management and operations of homeless action committee, inc. (hac) were taken over by joseph's house and shelter, inc. (jh) (a 501(c)(3) not-for-profit organization). Hac ceased operations september 30, 2019. The entities signed an asset purchase and sale agreement and, as of october 1, 2019, jh assumed full responsibility and ownership of hac's programs, assets and liabilities, including commitments and contingent liabilities. During november 2019, hac's management approved the dissolution of the corporation. It is anticipated the dissolution will occur, subject to regulatory approval, on or before december 31, 2020.”

“During april 2018, the day-to-day management and operations of homeless action committee, inc. (hac) were taken over by joseph's house and shelter, inc. Hac ceased operations september 30, 2019. The entities signed an asset purchase and sale agreement and, as of october 1, 2019, joseph's house and shelter, inc. Assumed full responsibility and ownership of hac's programs, assets and liabilities, including commitments and contingent liabilities. During november 2019, hac's management approved the dissolution of the corporation. It is anticipated the dissolution will occur, subject to regulatory approval, on or before december 31, 2020. See schedule n and the attached 1) minutes of special meeting of the officers and directors of homeless action committee, inc. Approving the plan of dissolution, and 2) order of approval filing with the albany county clerk, hon. Christina l. Ryba.”

“As part of the annual review, our independent certified public accounting firm prepares a draft of form 990 and related supporting schedules from our internal records. We designate an individual(s) with suitable skill, knowledge, or experience to oversee these services and we make all management decisions and perform all management functions. We have reviewed, approved, and accepted responsibility for form 990 and the related schedules and believe they are adequately supported by the books and records of homeless action committee, inc.”

“Each member of the board of directors signs a conflict of interest policy statement/representation at least annually.”

“Hac did not employ a ceo, executive director, or other top managment official during 2019. No member of the board of directors receives compensation. There are no "key employees".”

“Documents are not published. Certain documents are available on the nys charities bureau website. Documents are available upon request.”

“During april 2018, the day-to-day management and operations of homeless action committee (hac) were taken over by joseph's house and shelter, inc. Hac ceased operations september 30, 2019. The entities signed an asset purchase and sale agreement and, as of october 1, 2019, joseph's house and shelter, inc. Assumed full responsibility and ownership of hac's programs, assets and liabilities, including commitments and contingent liabilities. The net impact of the transfer is reflected as net assets transferred to joseph's house and shelter, inc. On form 990, part xi, line 9 and form 990 schedule n.”

“Net assets transferred to joseph's house and shelter, inc. -779,670.”