2024-01-24T17:43:51-06:00 2023-06-30 390758449 WIPFLI LLP 2725 ROCKY MOUNTAIN AVE STE 400 LOVELAND CO 80538 990 2022-07-01 351640064 PIKES PEAK HABITAT FOR HUMANITY PIKE 7194757800 2802 NORTH PROSPECT STREET COLORADO SPRINGS CO 80907 KRISTINA LEWIS EXECUTIVE DIRECTOR 7194757800 2023-11-27 1 KRISTINA LEWIS 999009999 1 HOLLY SCHMIDT P01867045 3037590089 2023-11-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KRISTINA LEWIS 2802 NORTH PROSPECT STREET COLORADO SPRINGS CO 80907 7042180 0 X WWW.PIKESPEAKHABITAT.ORG X 1986 CO SEEKING TO PUT GOD'S LOVE INTO ACTION, PIKES PEAK HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. 16 16 60 2707 0 0 1120641 1618784 1895487 1635298 456870 360929 2798947 2948661 6271945 6563672 117000 123000 0 0 2011950 2368549 0 0 455939 3464134 3746182 5593084 6237731 678861 325941 13774284 14205317 3706798 3787084 10067486 10418233 X SEEKING TO PUT GOD'S LOVE INTO ACTION, PIKES PEAK HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. 0 0 3120182 123000 1635298 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. 2141453 2878563 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. 5261635 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 22 0 60 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 7194757800 2802 N PROSPECT COLORADO SPRINGS CO 80907 RYAN PANARISO PRESIDENT 2.00 X X 0 0 0 ERIC STOLP VICE PRESIDENT 1.00 X X 0 0 0 JANNA MULDER SECRETARY 1.00 X X 0 0 0 JOEL HAMILTON BOARD MEMBER 1.00 X 0 0 0 CHUCK SMITH BOARD MEMBER 1.00 X 0 0 0 ROB GIUNTA TREASURER 1.00 X X 0 0 0 RYAN TEEPLES BOARD MEMBER 1.00 X 0 0 0 BILL WALL BOARD MEMBER 1.00 X 0 0 0 RYAN MOHLING BOARD MEMBER 1.00 X 0 0 0 JAY CARLSON BOARD MEMBER 1.00 X 0 0 0 PETER HILTS BOARD MEMBER 1.00 X 0 0 0 CANDY VANDENBERG BOARD MEMBER 1.00 X 0 0 0 MARTHA JOHNSON BOARD MEMBER 1.00 X 0 0 0 TYE TUTT BOARD MEMBER 1.00 X 0 0 0 JOE DESJARDIN BOARD MEMBER 1.00 X 0 0 0 PAUL HASTY BOARD MEMBER 1.00 X 0 0 0 KRISTINA LEWIS EXECUTIVE DIRECTOR 40.00 X 114720 0 11514 114720 0 11514 1 0 0 0 0 238043 1380741 172011 1618784 SALES TO HOMEOWNERS 531390 1199471 1199471 MORTGAGE DISCOUNT AMORTIZATIO 525990 310350 310350 SECOND MORTGAGE REVENUES 531390 125477 125477 1635298 58969 58969 525483 223523 301960 301960 301960 3133548 254985 2878563 2878563 MISCELLANEOUS 900099 70098 70098 70098 6563672 4513861 0 431027 X 123000 123000 120154 84963 20558 14633 1854507 1311352 317301 225854 37950 26835 6493 4622 187934 132891 32155 22888 168004 118798 28745 20461 30704 22166 8538 19300 19300 194018 164423 826 28769 79870 31461 19181 29228 28768 6196 10082 12490 59605 29083 14707 15815 129237 129237 213899 213899 195184 164110 15672 15402 CONSTRUCTION COSTS 1652745 1652745 MORTGAGE DISCOUNT 725331 725331 TELEPHONE AND UTILITIES 127624 109576 7631 10417 VEHICLE EXPENSES 109143 109143 180754 106426 18968 55360 6237731 5261635 520157 455939 23305 156371 1201977 1191977 63516 361579 2624530 2658856 90890 114656 27794 11356 6925219 1082664 6032745 5842555 1177651 1503415 2531876 2364552 13774284 14205317 324347 351842 3382451 3341208 0 94034 3706798 3787084 X 9894165 10076435 173321 341798 10067486 10418233 13774284 14205317 325941 24806 0 X X 0 1 X 1 0 X 1088878 2893076 1518444 1120641 1618784 8239823 1088878 2893076 1518444 1120641 1618784 8239823 205430 8034393 58971 61214 50782 49265 58969 279201 155535 24599 60227 115864 70098 426323 8945347 14849033 0.89820 0.89400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1300270 1300270 1610986 703716 907270 348804 149696 199108 3665159 229252 3435907 5842555 CONSTRUCTION IN PROGRESS 2270585 RIGHT OF USE ASSET 93967 2364552 OPERATING LEASE LIABILITY - CURRENT 42496 OPERATING LEASE LIABILITY - LONG-TERM 51538 94034 X 6843463 24806 254985 279791 6563672 0 6563672 6492716 254985 254985 6237731 0 6237731 PART X, LINE 2: IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES ("GAAP"), A PRIVATE ENTITY IS REQUIRED TO DISCLOSE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT MANAGEMENT BELIEVES DOES NOT MEET A "MORE- LIKELY-THAN-NOT" STANDARD OF BEING SUSTAINED UNDER AN INCOME TAX AUDIT, AND TO RECORD A LIABILITY FOR ANY SUCH TAXES INCLUDING PENALTY AND INTEREST. MANAGEMENT OF THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS THAT REQUIRE THE RECORDING OF A LIABILITY MENTIONED ABOVE OR FURTHER DISCLOSURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COSTS OF RESTORE ITEMS SOLD 254,985. PART XII, LINE 2D - OTHER ADJUSTMENTS: COSTS OF RESTORE ITEMS SOLD 254,985. 1 HABITAT FOR HUMANITY INTERNATIONAL 270 PEACHTREE ST NW SUITE 1300 ATLANTA GA 303031263 911914868 501(C)(3) 123000 0 TITHE 1 X CONST ITEMS 184 172011 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FIRST THE IRS FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THEN THE ENTIRE BOARD. THE FORM 990 IS SENT ELECTRONICALLY TO THE BOARD MEMBERS TO REVIEW AND APPROVE AT THE REGULAR BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO SIGN A FORM DISCLOSING ANY KNOWN CONFLICTS OF INTEREST ON AN ANNUAL BASIS. THE BOARD IS RESPONSIBLE FOR COMPLIANCE AND WILL DECIDE IF A CONFLICT EXISTS. IF THERE IS A CONFLICT THE BOARD MEMBER WILL RECUSE THEMSELF FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION USES COMPARABILITY DATA PROVIDED BY THE COLORADO CENTER FOR NON-PROFIT EXCELLENCE, COLORADO NON-PROFIT SALARY AND BENEFITS SURVEY, AND THE HABITAT FOR HUMANITY COLORADO AND HABITAT INTERNATIONAL SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REASONABLE REQUEST. FORM 990, PART IX, EXPLANATION OF ALLOCATIONS: PIKES PEAK HABITAT IS COMMITTED TO EFFICIENCY AND TRANSPARENCY. WE COMMUNICATE WITH OUR SUPPORTERS, DONORS AND PROSPECTIVE DONORS BY EMAIL, POSTAL MAIL, PHONE AND OTHER MEANS, BOTH TO REQUEST CONTRIBUTIONS TO OUR CAUSE AND TO EDUCATE THE PUBLIC ABOUT PIKES PEAK HABITAT'S YEAR-ROUND PROGRAMS, VOLUNTEER OPPORTUNITIES AND OTHER EVENTS IN LOCAL COMMUNITIES AND AROUND THE WORLD. THESE EFFORTS HELP ADVANCE OUR MISSION TO PUT GOD'S LOVE INTO ACTION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. AS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXATION, WE ENSURE OUR DONORS' MONEY IS SPENT AS EFFICIENTLY AND EFFECTIVELY AS POSSIBLE. ADDITIONALLY, WE HAVE CERTAIN EXPENSES THAT CANNOT BE BILLED SEPARATELY FOR EACH FUNCTIONAL AREA. RENT, UTILITIES, INFORMATION TECHNOLOGY AND OTHER COSTS ARE GROUPED TOGETHER. WE ALLOCATE THESE COSTS IN COMPLIANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, OR GAAP, ACROSS THE PROGRAM (INCLUDING HABITAT RESTORES), MANAGEMENT AND GENERAL, AND FUNDRAISING CATEGORIES. FINALLY, SOME STAFF MEMBERS HAVE RESPONSIBILITIES THAT CROSS OVER FUNCTIONAL AREAS. TO CALCULATE THE TIME ALLOCATION, PIKES PEAK HABITAT DIVIDES THE NUMBER OF HOURS SPENT ON A PROJECT OUTSIDE OF A STAFF MEMBER'S DESIGNATED EXPENSE CATEGORY BY THE TOTAL HOURS WORKED DURING THAT PERIOD AND ALLOCATES THAT PERCENTAGE OF COSTS TO THE APPROPRIATE EXPENSE CATEGORY. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE FINANCIAL STATEMENT OVERSIGHT PROCESS DURING THE YEAR. PPHFH COMMUNITY HOUSING DEV 2802 NORTH PROSPECT STREET COLORADO SPRINGS CO 80907 830711637 CHDO CO 10193 N/A