HANAC, Inc.
HANAC, Inc. is a New York City nonprofit founded in 1972 that delivers 50+ social service programs and 650 affordable senior housing units to roughly 30,000 low-income seniors, youth, adults, and families annually across the five boroughs, primarily funded through City, State, and Federal government contracts.
- Company typePrivate
- Founded1972
- HeadquartersAstoria, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What HANAC, Inc. does
HANAC, Inc. (Hellenic American Neighborhood Action Committee) is a New York City-based nonprofit social services organization founded in 1972 in Astoria, Queens by George Douris to serve Greek immigrants. Over 53 years it has scaled to 300 employees, 50+ social service programs, and a portfolio of 650 affordable senior housing units across four Queens properties (Archbishop Iakovos, George T. Douris Tower, HANAC Corona, HANAC PCA), supplemented by an externally marketed property management arm, SPITI Management Company, and a 100-space GTD Parking Garage.
The organization's service stack is divided into Senior Programs (four senior centers, East-West Connection transportation, NORC programs, SARA social services), Adult and Family Programs (adult literacy/ESL, child and family counseling, DOVE domestic violence program, legal victim assistance, legal immigration, weatherization, health care access, alcohol and substance abuse treatment), and Youth Programs (Beacon, COMPASS, SONYC, Cornerstone, Councilmatic, and SYEP/Learn and Earn workforce development). HANAC Corona Senior Residence (2019) is the first Passive House-certified affordable senior housing project nationwide, meeting NYSERDA Multifamily Performance Standards and Enterprise Green Communities Criteria.
HANAC's business model is primarily government-funded: City (DYCD, DFTA, ACS, HPD, HRA, DOE), State (NYSERDA, OASAS, HCR, OVS), and Federal contracts and grants underwrite the bulk of operations, supplemented by individual donations, corporate sponsorships, an annual gala, and fees from SPITI's third-party property management and HPD-approved Administrative Agent services for Mandatory Inclusionary Housing. Ancillary fee revenue flows from the GTD Parking Garage, while social-service programs are delivered free to income-eligible clients. HANAC is governed by a board chaired by Tammy L. Berentson and led operationally by Executive Director Stacy Bliagos and CFO Lola Maroulis, with no parent company, private equity, or venture capital ownership.
HANAC, Inc. firmographics
Firmographics- Name
- HANAC, Inc.
- Legal name
- HANAC, Inc.
- Website
- https://hanac.org
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- HANAC, Inc. is a New York City nonprofit founded in 1972 that delivers 50+ social service programs and 650 affordable senior housing units to roughly 30,000 low-income seniors, youth, adults, and families annually across the five boroughs, primarily funded through City, State, and Federal government contracts.
- Ownership category
- akta.pro rank
HANAC, Inc. industry classification
Industry- Product category
- Social Services and Affordable Housing
- NAICS
- Civic and Social Organizations (813410), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813)
- SIC
- Services-Social Services (8300), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)
- akta.pro secondary industry
- New Development / Declarant Transition Management (BPAJAHAK)
Keywords
Where HANAC, Inc. is headquartered
LocationHeadquarters
- HQ city
- Astoria
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
HANAC, Inc. business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Government Contracts and Grants: HANAC receives funding from City, State and Federal agencies to operate social service programs, workforce development, youth programs, senior services, and affordable housing. This represents the primary revenue stream supporting 50+ social service programs.
- Donations and Fundraising: Individual donations, corporate sponsorships, and gala events provide supplemental funding. The organization hosts annual galas and accepts donations through various channels.
- Property Management Fees: SPITI Management Company manages HANAC's property portfolio and offers services to other owners/developers, generating fee income. GTD Parking Garage also provides rental income.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Parking Garage Rates |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
HANAC, Inc. product offering
Product offeringCore offering
HANAC, Inc. is a NYC-based nonprofit social services organization that delivers free or subsidized senior programs, adult and family services (ESL, legal immigration, victim assistance, weatherization, health access), youth workforce and after-school programs, and affordable senior housing across 650 units in Queens. Programs are primarily funded through City, State, and Federal government contracts and grants. Property management is provided through its SPITI Management Company subsidiary, which also serves third-party owners/developers.
Product overview
HANAC, Inc. is a New York City-based multi-faceted social services organization founded in 1972, originally serving the Greek community and now providing comprehensive services to vulnerable populations throughout NYC. The organization operates a portfolio of 650 senior affordable housing units and serves approximately 30,000 clients annually across three main program areas: Senior Programs (senior centers, transportation, housing support services), Adult and Family Programs (ESL/adult literacy, legal immigration, health access, counseling, weatherization), and Youth Programs (after-school, Beacon centers, workforce development including SYEP). Property management is delivered through SPITI Management Company, which manages HANAC's housing portfolio and offers services to other owners/developers. The organization also provides specialized services including the Passive House-certified HANAC Corona Senior Residence, transportation services, and housing compliance administration through its Mandatory Inclusionary Housing program.
Differentiator
Problem solved
Functional benefit
Brands
- SPITI Management Company: Property management company owned by HANAC Inc. The name means 'home' in Greek. SPITI manages HANAC's property portfolio and offers services for senior, multifamily low income, middle-income affordable housing, market, and commercial real estate.
Products and services
- SPITI Management Company
Quantifiable outcome
- 30,000 NYC residents served annually
- +2 more outcomes
Companies that use HANAC, Inc.
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles4 records
HANAC, Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
HANAC, Inc. partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, major and minor.
- NYC Department of Youth and Community Development (DYCD)coreDYCD is a primary funder for HANAC's youth programs including SYEP, Beacon, COMPASS, SONYC, Cornerstone, and workforce development programs. HANAC is a community-based organization partner for DYCD's youth employment and development initiatives across Queens.
- NYC Department for the Aging (DFTA)coreDFTA funds HANAC's senior programs including senior centers, senior community service centers, and senior housing tenant services. Programs serve Greek-American and general senior populations.
- NYC Administration for Children's Services (ACS)coreACS funds HANAC's Child & Family Preventive Services program designed to assist families in ensuring safety and well-being of children through collaborative efforts.
- NYC Housing Preservation and Development (HPD)coreHPD partners with HANAC on affordable housing development and serves as regulatory agency. HANAC is an HPD-approved Administering Agent for Mandatory Inclusionary Housing programs. Also partners on Housing Ambassador Program.
- Presbyterian Church of Astoria (PCA)corePCA partnered with HANAC on development of HANAC PCA Senior Residence, a senior housing project in Astoria.
- NYSERDAmajorHANAC Corona Senior Residence meets NYSERDA Multifamily Performance Standards for Energy Star Certification. HANAC received NYSERDA funding/technical support for Passive House certification.
- Fifth Avenue Committee - Northeastern Towers AnnexcoreSARA Social Services provided at Fifth Avenue Committee - Northeastern Towers Annex property. 158 total units, 56 set aside for formerly homeless. HANAC providing services since 2020.
- Foxy Management - Garden TowerscoreSARA Social Services provided at Foxy Management - Garden Towers property. 155 total units, 47 set aside for formerly homeless. HANAC providing services since 2023.
- NYC Department of Education (DOE)coreDOE partners through schools hosting HANAC programs including Beacon sites, COMPASS, and SONYC. DOE District 75 and 79 provide specialized education referrals to SYEP Emerging Leaders.
- NYS Office of Victim Services (OVS)coreOVS provides funding to HANAC to assist victims of crimes to submit applications for potential reimbursement of out-of-pocket losses. Supports Legal Victim Assistance program.
- NYS Office of Alcohol and Substance Abuse Services (OASAS)coreOASAS funds HANAC's Alcohol and Substance Abuse Treatment Program which has provided services for 28 years. Medically supervised substance abuse treatment program.
- NYS Division of Homes and Community Renewal (HCR)coreHCR funds HANAC's Weatherization Program providing energy analysis for low-income multiple family dwellings and small homes.
- Consortium for Worker Education (CWE)coreHANAC partners with CWE on employment and training programs including Jobs to Build On (JtBO) and Worker Service Center programs for workforce preparation and placement services.
- NYC Human Resources Administration (HRA)majorHRA refers youth receiving cash assistance via Business Link to SYEP Emerging Leaders Program. Supports workforce development initiatives.
- Mount Sinai Hospital QueensminorMount Sinai Hospital Queens represented on HANAC Board of Directors (Dr. George Syros). Healthcare partnership for community health initiatives.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
HANAC, Inc. competitors and assessment
Company assessmentBroad incumbents
- L+M Development Partners: L+M is one of NYC's largest for-profit affordable and mixed-income housing developers. Comparable to HANAC in NYC affordable housing development with LIHTC and HPD involvement, though as a for-profit it operates at substantially larger scale.
- Enterprise Community Partners: Enterprise is a national nonprofit affordable housing developer and LIHTC investor active in NYC. Comparable to HANAC's affordable housing development and LIHTC-financed projects, though operating at much broader national scale.
- Breaking Ground: Breaking Ground is a large NYC nonprofit specializing in supportive and affordable housing for homeless and low-income individuals. Comparable to HANAC as a NYC affordable housing operator, though it operates at meaningfully larger scale.
Direct peers
- CAMBA: CAMBA is a Brooklyn-based nonprofit delivering social services, affordable housing development, and workforce programs across NYC. Comparable to HANAC in its combined social-services-plus-affordable-housing model and reliance on NYC agency contracts.
- Catholic Charities of the Archdiocese of New York: Catholic Charities NY operates a multi-program nonprofit spanning immigrant services, senior services, housing, and youth programs across the NYC region. Like HANAC, it combines direct social services with affordable housing and government-contract funding.
- Urban Resource Institute (URI): URI is a NYC nonprofit providing domestic violence services, supportive housing, and social services. Comparable to HANAC in operating affordable/special-needs housing combined with social-service programming funded by city and state contracts.
- RiseBoro Community Partnership: RiseBoro is a Brooklyn-based nonprofit providing affordable housing, senior services, youth programs, and workforce development. Comparable to HANAC in operating affordable housing alongside multi-program social services under NYC agency contracts.
- Selfhelp Community Services: Selfhelp is a NYC nonprofit providing senior housing, senior services, and social programs. Most directly comparable to HANAC's senior housing portfolio, senior center operations, and DFTA-funded programming for low-income seniors.
- Services for the UnderServed (S:US): S:US is a NYC nonprofit operating supportive housing and social services for vulnerable populations. Comparable to HANAC in combining affordable/supportive housing with diverse social service programs and city-funded program contracts.
- The New York Foundling: The New York Foundling is a NYC-based social services nonprofit providing child welfare, family, and community services with city agency contracts. Comparable to HANAC in its child/family services, ACS-funded programming, and immigrant-services orientation.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
HANAC, Inc. social profiles
Digital presenceHANAC, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
HANAC, Inc. leadership team
Management profileNumber of profiles
Profiles12 records
HANAC, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HANAC, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HANAC, Inc.
What does HANAC, Inc. do?
HANAC, Inc. is a NYC-based nonprofit social services organization that delivers free or subsidized senior programs, adult and family services (ESL, legal immigration, victim assistance, weatherization, health access), youth workforce and after-school programs, and affordable senior housing across 650 units in Queens. Programs are primarily funded through City, State, and Federal government contracts and grants. Property management is provided through its SPITI Management Company subsidiary, which also serves third-party owners/developers.
Is HANAC, Inc. a public or private company?
HANAC, Inc. is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was HANAC, Inc. founded?
HANAC, Inc. was founded in 1972. It employs 101 to 250 people.
Where is HANAC, Inc. based?
HANAC, Inc. is headquartered in Astoria, United States, in the North America region.
How does HANAC, Inc. make money?
Three revenue lines are on record. Government Contracts and Grants are the primary driver. The others are donations and Fundraising and property Management Fees.
Who are HANAC, Inc.'s main competitors?
Broad incumbents on record are L+M Development Partners, Enterprise Community Partners and Breaking Ground. Direct peers are CAMBA, Catholic Charities of the Archdiocese of New York, Urban Resource Institute (URI), RiseBoro Community Partnership, Selfhelp Community Services, Services for the UnderServed (S:US) and The New York Foundling.
Does HANAC, Inc. have an API?
No public API is recorded for HANAC, Inc..
What industry is HANAC, Inc. in?
HANAC, Inc.'s product category is Social Services and Affordable Housing. Its primary akta.pro industry code is HLADAAAB, Affordable/Subsidized Independent Living (HUD/LIHTC) Communities, with a secondary code of BPAJAHAK, New Development / Declarant Transition Management. Its NAICS code is 813410 and its SIC code is 8300.