Form 990 for tax year 2023
Filed by HABITAT FOR HUMANITY OF SUMMIT COUNTY INC.
Totals
- Total revenue
- $6,396,882
- Total expenses
- $6,163,653
- Contributions and grants received
- $3,681,946
- Grants paid
- $0
- Program service revenue
- $2,515,884
- Investment income
- $162,287
- Other revenue
- $36,765
- Total assets, end of year
- $10,931,282
- Total liabilities, end of year
- $1,436,984
- Net assets or fund balances, end of year
- $9,494,298
- Program services expenses (Part IX)
- $5,097,806
- Management and general expenses
- $760,536
- Fundraising expenses
- $305,311
- Program service expenses (Part III)
- $5,097,806
Program services were 82.7% 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.
-
1c · Fundraising events
$22,765
-
1f · All other contributions, gifts and grants
$3,659,181
-
1g · Noncash contributions included above
$1,239,874
-
2a · Program service revenue: RESTORE SALES
total $1,213,730 · related or exempt $1,213,730
-
2b · Program service revenue: SALE OF HOMES
total $941,970 · related or exempt $941,970
-
2c · Program service revenue: MORTGAGE AMORTIZATION INCOME
total $360,184 · related or exempt $360,184
-
3 · Investment income
total $192,452 · excluded $192,452
-
7a · Gross sales of assets other than inventory
securities $6,845,909 · other assets $4,463
-
7b · Less cost or other basis and sales expenses
securities $6,845,851 · other assets $34,686
-
7c · Gain or loss
securities $58 · other assets -$30,223
-
7d · Net gain or loss
total -$30,165 · excluded -$30,165
-
8a · Fundraising events: gross income
$26,167
-
8a · Fundraising events: contributions included on line 1c
$22,765
-
8b · Fundraising events: direct expenses
$21,866
-
8c · Net income from fundraising events
total $4,301 · excluded $4,301
-
9a · Gaming: gross income
$20,310
-
9b · Gaming: direct expenses
$7,405
-
9c · Net income from gaming
total $12,905 · excluded $12,905
-
11a · Other revenue: MISCELLANEOUS
total $19,559 · related or exempt $19,559
-
11e · Other revenue, total
$19,559
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $270,896 · program services $182,803 · management and general $54,504 · fundraising $33,589
-
7 · Other salaries and wages
total $1,493,026 · program services $1,007,494 · management and general $300,397 · fundraising $185,135
-
9 · Other employee benefits
total $202,472 · program services $136,628 · management and general $40,737 · fundraising $25,107
-
10 · Payroll taxes
total $167,136 · program services $112,783 · management and general $33,628 · fundraising $20,725
-
11b · Fees: legal
total $69,381 · program services $27,303 · management and general $27,300 · fundraising $14,778
-
11c · Fees: accounting
total $17,900 · program services $7,044 · management and general $7,043 · fundraising $3,813
-
11f · Fees: investment management
total $20,514 · program services $13,843 · management and general $4,127 · fundraising $2,544
-
11g · Fees: other
total $16,828 · program services $6,621 · management and general $6,622 · fundraising $3,585
-
12 · Advertising and promotion
total $23,702 · program services $5,926 · management and general $5,925 · fundraising $11,851
-
13 · Office expenses
total $61,251 · program services $30,626 · management and general $30,625
-
16 · Occupancy
total $123,953 · program services $61,977 · management and general $61,976
-
17 · Travel
total $38,305 · program services $28,729 · management and general $9,576
-
19 · Conferences, conventions and meetings
total $3,314 · program services $1,657 · management and general $1,657
-
20 · Interest
total $45,063 · program services $22,532 · management and general $22,531
-
22 · Depreciation, depletion and amortization
total $74,174 · program services $37,087 · management and general $37,087
-
23 · Insurance
total $60,848 · program services $30,424 · management and general $30,424
-
24a · Other expenses: COST OF HOMES SOLD
total $1,633,399 · program services $1,633,399
-
24b · Other expenses: RESTORE COST OF GOODS S
total $1,073,836 · program services $1,073,836
-
24c · Other expenses: DISCOUNT ON MORTGAGES I
total $590,714 · program services $590,714
-
24d · Other expenses: REPAIRS AND MAINTENANCE
total $87,575 · program services $43,788 · management and general $43,787
-
24e · All other expenses
total $89,366 · program services $42,592 · management and general $42,590 · fundraising $4,184
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,099 · end of year $1,100
-
2 · Savings and temporary cash investments
beginning of year $470,613 · end of year $184,665
-
3 · Pledges and grants receivable
end of year $349,000
-
7 · Other notes and loans receivable
beginning of year $3,010,094 · end of year $3,120,815
-
8 · Inventories for sale or use
beginning of year $157,786 · end of year $129,222
-
9 · Prepaid expenses and deferred charges
beginning of year $11,088 · end of year $12,736
-
10a · Land, buildings and equipment: cost or other basis
$2,887,649
-
10b · Land, buildings and equipment: accumulated depreciation
$952,591
-
10c · Land, buildings and equipment, net
beginning of year $1,880,027 · end of year $1,935,058
-
11 · Investments: publicly traded securities
beginning of year $3,770,832 · end of year $4,340,171
-
14 · Intangible assets
beginning of year $5,062 · end of year $4,312
-
15 · Other assets
beginning of year $1,141,325 · end of year $854,203
-
17 · Accounts payable and accrued expenses
beginning of year $76,162 · end of year $177,007
-
21 · Escrow or custodial account liability
beginning of year $110,209 · end of year $105,039
-
23 · Secured mortgages and notes payable
beginning of year $1,259,129 · end of year $1,154,938
-
27 · Net assets without donor restrictions
beginning of year $8,879,854 · end of year $185,765
-
28 · Net assets with donor restrictions
beginning of year $122,572 · end of year $9,308,533
Mission and programs · 2023
Mission
SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITY AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY (LOCAL AFFILIATE) ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.
-
HOMEOWNERSHIP PROGRAM: WE BUILD NEW HOMES, PURCHASE OR RECEIVE DONATED DISTRESSED AND BLIGHTED PROPERTIES FOR HOMEOWNERSHIP. HOMES ARE BUILT TO MATCH THE NEIGHBORHOOD THEY ARE LOCATED AND ARE PRICED AT APPRAISAL VALUE, USUALLY COMPARABLE TO SURROUNDING PROPERTIES. VOLUNTEERS ARE UTILIZED FOR CONSTRUCTION AND SUPERVISED BY HABITAT STAFF ADHERING TO STRICT SAFETY PROTOCOLS. FUTURE HOMEOWNERS CONTRIBUTE SWEAT EQUITY BY VOLUNTEERING ON CONSTRUCTION SITES OR IN OTHER HABITAT ACTIVITIES. HOMES ARE SOLD TO LOW-INCOME FAMILIES USING AN AFFORDABLE MORTGAGE. AFFORDABLE MEANS THAT NO MORE THAN 30% OF THE HOUSEHOLD INCOME WOULD BE SPENT FOR HOUSING (MORTGAGE PAYMENT, PROPERTY TAX, AND PROPERTY INSURANCE). THE MONEY THAT IS MADE FOR MORTGAGE PAYMENTS IS DEPOSITED INTO A FUND FOR HUMANITY AND USED TO FURTHER OUR MISSION. WE STRIVE TO PROVIDE HOMEOWNERSHIP OPPORTUNITIES TO POPULATIONS THAT HAVE FACED DISCRIMINATION AND SOCIAL INJUSTICE FOR GENERATIONS DUE TO POOR PUBLIC POLICY AND BIAS. IN FY24 WE TRANSFERRED 6 HOMES TO PARTNER FAMILIES.
Expenses $1,908,665 · Revenue $941,970
-
RESTORE PROGRAM: THIS IS A DISCOUNT HOME IMPROVEMENT AND BUILDING SUPPLY STORE. RESTORE REUSES, RECYCLES, AND RESELLS FUNCTIONAL BUILDING MATERIALS, TOOLS, FURNITURE, AND APPLIANCES, THEREBY DIVERTING HUNDREDS OF TONS OF USABLE MATERIALS FROM LANDFILLS. CUSTOMERS ARE PROVIDED A LOW-COST OPTION TO IMPROVE THE QUALITY OF THEIR HOME.
Expenses $2,459,319 · Revenue $1,213,730
-
Expenses $729,822 · Revenue $360,184
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Patrick MillerPATRICK MILLER
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Jake Frego End 324JAKE FREGO END 324
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Michelle MolinetMICHELLE MOLINET
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Michele Cicciari End 324MICHELE CICCIARI END 324
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Michelle CaranoMICHELLE CARANO
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Cameron BarrettCAMERON BARRETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Pastor Mark FreyPASTOR MARK FREY
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Brian BenderBRIAN BENDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Katrina JacksonKATRINA JACKSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Vickie PersonVICKIE PERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Eric GreenERIC GREEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Carla ChapmanCARLA CHAPMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
David OeschgerDAVID OESCHGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
David WoodburnDAVID WOODBURN
EMERITUS MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Brian LapollaBRIAN LAPOLLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Rick DodsonRICK DODSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Catey BreckCATEY BRECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Kelli ShultzKELLI SHULTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Marie BrilmyerMARIE BRILMYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Monica VinayMONICA VINAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Lynda NowakLYNDA NOWAK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Lashawrida FellowsLASHAWRIDA FELLOWS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Annie McFaddenANNIE MCFADDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Rochelle SibbioROCHELLE SIBBIO
CHIEF EXECUTIVE OFFICER
- Total calculated
- $172,332
- From this org
- $151,544
- From related orgs
- $0
- Other
- $20,788
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $151,544
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $20,788
- Filer's total
- $172,332
-
Kelley BussonKELLEY BUSSON
VICE PRESIDENT & CHIEF FIN
- Total calculated
- $89,420
- From this org
- $78,696
- From related orgs
- $0
- Other
- $10,724
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443549349300034
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