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Nonprofiteer
← PIKES PEAK HABITAT FOR HUMANITY INC

Form 990 for tax year 2022

Filed by PIKES PEAK HABITAT FOR HUMANITY INC.

Totals

Total revenue
$6,563,672
Total expenses
$6,237,731
Contributions and grants received
$1,618,784
Grants paid
$123,000
Program service revenue
$1,635,298
Investment income
$360,929
Other revenue
$2,948,661
Total assets, end of year
$14,205,317
Total liabilities, end of year
$3,787,084
Net assets or fund balances, end of year
$10,418,233
Program services expenses (Part IX)
$5,261,635
Management and general expenses
$520,157
Fundraising expenses
$455,939
Program service expenses (Part III)
$5,261,635

Program services were 84.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $238,043

  • 1f · All other contributions, gifts and grants

    $1,380,741

  • 1g · Noncash contributions included above

    $172,011

  • 2a · Program service revenue: SALES TO HOMEOWNERS

    total $1,199,471 · related or exempt $1,199,471

  • 2b · Program service revenue: MORTGAGE DISCOUNT AMORTIZATIO

    total $310,350 · related or exempt $310,350

  • 2c · Program service revenue: SECOND MORTGAGE REVENUES

    total $125,477 · related or exempt $125,477

  • 3 · Investment income

    total $58,969 · excluded $58,969

  • 7a · Gross sales of assets other than inventory

    other assets $525,483

  • 7b · Less cost or other basis and sales expenses

    other assets $223,523

  • 7c · Gain or loss

    other assets $301,960

  • 7d · Net gain or loss

    total $301,960 · excluded $301,960

  • 10a · Gross sales of inventory

    $3,133,548

  • 10b · Cost of goods sold

    $254,985

  • 10c · Net income from sales of inventory

    total $2,878,563 · related or exempt $2,878,563

  • 11a · Other revenue: MISCELLANEOUS

    total $70,098 · excluded $70,098

  • 11e · Other revenue, total

    $70,098

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $123,000 · program services $123,000

  • 5 · Compensation of officers, directors and key employees

    total $120,154 · program services $84,963 · management and general $20,558 · fundraising $14,633

  • 7 · Other salaries and wages

    total $1,854,507 · program services $1,311,352 · management and general $317,301 · fundraising $225,854

  • 8 · Pension plan contributions

    total $37,950 · program services $26,835 · management and general $6,493 · fundraising $4,622

  • 9 · Other employee benefits

    total $187,934 · program services $132,891 · management and general $32,155 · fundraising $22,888

  • 10 · Payroll taxes

    total $168,004 · program services $118,798 · management and general $28,745 · fundraising $20,461

  • 11b · Fees: legal

    total $30,704 · program services $22,166 · management and general $8,538

  • 11c · Fees: accounting

    total $19,300 · management and general $19,300

  • 12 · Advertising and promotion

    total $194,018 · program services $164,423 · management and general $826 · fundraising $28,769

  • 13 · Office expenses

    total $79,870 · program services $31,461 · management and general $19,181 · fundraising $29,228

  • 16 · Occupancy

    total $28,768 · program services $6,196 · management and general $10,082 · fundraising $12,490

  • 19 · Conferences, conventions and meetings

    total $59,605 · program services $29,083 · management and general $14,707 · fundraising $15,815

  • 20 · Interest

    total $129,237 · program services $129,237

  • 22 · Depreciation, depletion and amortization

    total $213,899 · program services $213,899

  • 23 · Insurance

    total $195,184 · program services $164,110 · management and general $15,672 · fundraising $15,402

  • 24a · Other expenses: CONSTRUCTION COSTS

    total $1,652,745 · program services $1,652,745

  • 24b · Other expenses: MORTGAGE DISCOUNT

    total $725,331 · program services $725,331

  • 24c · Other expenses: TELEPHONE AND UTILITIES

    total $127,624 · program services $109,576 · management and general $7,631 · fundraising $10,417

  • 24d · Other expenses: VEHICLE EXPENSES

    total $109,143 · program services $109,143

  • 24e · All other expenses

    total $180,754 · program services $106,426 · management and general $18,968 · fundraising $55,360

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,305 · end of year $156,371

  • 2 · Savings and temporary cash investments

    beginning of year $1,201,977 · end of year $1,191,977

  • 4 · Accounts receivable

    beginning of year $63,516 · end of year $361,579

  • 7 · Other notes and loans receivable

    beginning of year $2,624,530 · end of year $2,658,856

  • 8 · Inventories for sale or use

    beginning of year $90,890 · end of year $114,656

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,794 · end of year $11,356

  • 10a · Land, buildings and equipment: cost or other basis

    $6,925,219

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,082,664

  • 10c · Land, buildings and equipment, net

    beginning of year $6,032,745 · end of year $5,842,555

  • 11 · Investments: publicly traded securities

    beginning of year $1,177,651 · end of year $1,503,415

  • 15 · Other assets

    beginning of year $2,531,876 · end of year $2,364,552

  • 17 · Accounts payable and accrued expenses

    beginning of year $324,347 · end of year $351,842

  • 23 · Secured mortgages and notes payable

    beginning of year $3,382,451 · end of year $3,341,208

  • 25 · Other liabilities

    beginning of year $0 · end of year $94,034

  • 27 · Net assets without donor restrictions

    beginning of year $9,894,165 · end of year $10,076,435

  • 28 · Net assets with donor restrictions

    beginning of year $173,321 · end of year $341,798

Mission and programs · 2022

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, PIKES PEAK HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE.

  • FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS - INSTEAD OF HINDERS - HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND LONG-TERM CAREER GROWTH. DURING FISCAL YEAR 2023, PIKES PEAK HABITAT SERVED FIVE FAMILIES WITH NEW HOME CONSTRUCTION THROUGH ITS HOMEOWNERSHIP PROGRAM, AS WELL AS MORE THAN 80 HOUSEHOLDS WHOSE MORTGAGES WE SERVICED/MANAGED DURING FISCAL YEAR 2023. OUR HOME REPAIR PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW- TO MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM REPAIR THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF PIKES PEAK HABITAT STAFF MEMBERS TO COMPLETE THE REPAIRS. SINCE THE INCEPTION OF THE HOME REPAIR PROGRAM, PIKES PEAK HABITAT HAS PARTNERED WITH 43 LOCAL HOMEOWNERS, 27 OF WHOM WERE SERVED DURING FY2023. AS PART OF THE HOMEOWNERSHIP PROCESS, WE BELIEVE FINANCIAL EDUCATION BUILDS A MORE SOLID FOUNDATION FOR LONG-TERM PERSONAL SUCCESS AND HELPS ALLEVIATE ANY CONCERNS OR BARRIERS ON THE PATH TO HOMEOWNERSHIP. DURING THESE FINANCIAL EDUCATION CLASSES, WE COVER TOPICS SUCH AS BUDGETING; CREDIT CARDS AND CREDIT REPORTS; DEBT AND LOANS; SAVING, INVESTING AND PLANNING FOR THE FUTURE; EMERGENCY SITUATIONS; AND HABITAT HOMEOWNER MORTGAGES. A MORE IN-DEPTH UNDERSTANDING OF THESE IMPORTANT CONCEPTS IS A TOOL THAT CAN BE USED TO BUILD A BETTER FUTURE. PIKES PEAK HABITAT PROVIDED 10 HOURS OF HOMEBUYER EDUCATION WORKSHOPS FOR SIX FAMILIES DURING FY2023.WE TITHE 10% OF OUR UNDESIGNATED DONATIONS TO HABITAT FOR HUMANITY INTERNATIONAL TO BUILD SAFE AND AFFORDABLE HOUSING GLOBALLY. IN FY23, OUR TITHE OF $123,000 SERVED 27 FAMILIES IN BANGLADESH, COTE D'IVOIRE (IVORY COAST), UGANDA, ORPHANS AND VULNERABLE GROUPS, AND THE INTERNATIONAL DISASTERS FUND.

    Expenses $3,120,182 · Grants $123,000 · Revenue $1,635,298

  • NET PROCEEDS FROM OUR RESTORES (DISCOUNT BUILDING SUPPLY STORES) HELP SUPPORT PIKES PEAK HABITAT PROGRAMS. THE STORES ACCEPT TAX-DEDUCTIBLE DONATIONS OF NEW AND SLIGHTLY USED BUILDING MATERIALS, SUPPLIES, AND HOME FURNISHINGS AND SELL THE ITEMS BELOW RETAIL PRICE. BY ACCEPTING THESE DONATIONS, THE RESTORES DIVERTED AN ESTIMATED 2,579 TONS OF DONATED MATERIALS FROM LANDFILLS IN FY2023. THE RESTORES ALSO RECYCLE PORCELAIN (ROAD BASE FOR THE CITY), METAL AND CARDBOARD, INCREASING THE AMOUNT OF MATERIALS DIVERTED FROM THE LANDFILL, AS WELL AS GENERATING REVENUE FOR BUILDING HOUSES. ADDITIONALLY, A LIMITED AMOUNT OF NEW ITEMS IS PURCHASED FOR SALE AT AFFORDABLE PRICES.

    Expenses $2,141,453 · Revenue $2,878,563

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ryan Panariso

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Eric Stolp

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Janna Mulder

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Joel Hamilton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chuck Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rob Giunta

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ryan Teeples

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bill Wall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ryan Mohling

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jay Carlson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Peter Hilts

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Candy Vandenberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Martha Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tye Tutt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joe Desjardin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Paul Hasty

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kristina Lewis

    EXECUTIVE DIRECTOR

    Total calculated
    $126,234
    From this org
    $114,720
    From related orgs
    $0
    Other
    $11,514
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PPHFH COMMUNITY HOUSING DEV

    CHDO · CO · assets $10,193

Provenance

Return type
form_990
Tax year
2022
Filed
27 November 2023
IRS schema version
2022v5.0
Source object
202400249349300940

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