HANAC, Inc.

Social Services and Affordable Housinghanac.org

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

Affordable housing
Social services
Senior programs
Youth workforce development
Nonprofit community services

Where HANAC, Inc. is headquartered

Location

Headquarters

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 offering

Core 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 profile

Named customers1 record

Segments5 records

Ideal customer profiles4 records

HANAC, Inc. technology and API

Technology

Technology 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 signal

Partnerships

15 partnerships are on record, tiered core, major and minor.

NYC Department of Youth and Community Development (DYCD)coreStrategic or Co-development PartnerDYCD 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)coreStrategic or Co-development PartnerDFTA 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)coreStrategic or Co-development PartnerACS 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)coreStrategic or Co-development PartnerHPD 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)coreStrategic or Co-development PartnerPCA partnered with HANAC on development of HANAC PCA Senior Residence, a senior housing project in Astoria.
NYSERDAmajorStrategic or Co-development PartnerHANAC 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 AnnexcoreStrategic or Co-development PartnerSARA 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 TowerscoreStrategic or Co-development PartnerSARA 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)coreStrategic or Co-development PartnerDOE 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)coreStrategic or Co-development PartnerOVS 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)coreStrategic or Co-development PartnerOASAS 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)coreStrategic or Co-development PartnerHCR funds HANAC's Weatherization Program providing energy analysis for low-income multiple family dwellings and small homes.
Consortium for Worker Education (CWE)coreStrategic or Co-development PartnerHANAC 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)majorStrategic or Co-development PartnerHRA refers youth receiving cash assistance via Business Link to SYEP Emerging Leaders Program. Supports workforce development initiatives.
Mount Sinai Hospital QueensminorStrategic or Co-development PartnerMount 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 assessment

Broad 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. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

HANAC, Inc. leadership team

Management profile

Number of profiles

Profiles12 records

HANAC, Inc. funding detail

Funding detail

Funding 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 investment

M&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?

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.