2024-05-03T16:11:00-05:00 2023-06-30 341818258 MEADEN & MOORE LTD 1375 EAST NINTH STREET SUITE 1800 CLEVELAND OH 441141790 990 2022-07-01 341657171 HABITAT FOR HUMANITY OF MAHONING VALLEY HABI 3307437244 1919 E MIDLOTHIAN BLVD YOUNGSTOWN OH 44502 HEATHER BROWN DIRECTOR OF FINANCE & HUMAN RESOURC 3307437244 2024-02-29 1 HEATHER BROWN 999009999 0 KAREN B COONEY P00285983 2162413272 2024-02-29 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z HEATHER BROWN 1919 E MIDLOTHIAN BLVD YOUNGSTOWN OH 44502 1641498 0 8545 X WWW.HABITATMAHONING.ORG X 1989 OH SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY OF MAHONING VALLEY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT BASE AN OFFER OF ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 8 8 31 262 0 0 757600 735859 742416 830369 41955 -46773 71151 2915 1613122 1522370 0 0 0 0 664764 637438 0 0 36582 1111103 1091144 1775867 1728582 -162745 -206212 3664509 3532924 428624 443674 3235885 3089250 X SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY OF MAHONING VALLEY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT BASE AN OFFER OF ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 0 0 937008 11032 HOMEOWNERSHIP PROGRAM: 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. SINCE THE INCEPTION OF THE HOMEOWNERSHIP PROGRAM, HABITAT FOR HUMANITY OF MAHONING VALLEY HAS PARTNERED WITH 147 LOCAL HOMEOWNERS. DURING FISCAL YEAR 2023, HABITAT FOR HUMANITY OF MAHONING VALLEY STARTED 1 PROJECT THAT WILL BE COMPLETED IN FISCAL YEAR 2024 AND WILL SERVE A FAMILY THROUGH ITS HOMEOWNERSHIP PROGRAM. 589531 633704 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. 9125 0 HOME PRESERVATION PROGRAM: OUR HOME PRESERVATION 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 RECLAIM 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 HABITAT FOR HUMANITY OF MAHONING VALLEY STAFF MEMBERS TO COMPLETE THE REPAIRS. SINCE THE INCEPTION OF THE HOME PRESERVATION PROGRAM, HABITAT FOR HUMANITY OF MAHONING VALLEY HAS PARTNERED WITH 6 LOCAL HOMEOWNERS, WITH 5 HOMEOWNERS SERVED DURING FY2023. 185633 185633 1535664 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 31 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X HEATHER BROWN 3307437244 1919 E MIDLOTHIAN BLVD YOUNGSTOWN OH 44502 SCOTT VLAIKU PRESIDENT 2.00 X X 0 0 0 JAMES DIETZ VICE PRESIDENT 2.00 X X 0 0 0 ZAC UNDERHILL TREASURER 2.00 X X 0 0 0 BEV WILLIS TRUSTEE 2.00 X 0 0 0 JENNIFER HANIGOSKY LEFT SEPT '22 TRUSTEE 2.00 X 0 0 0 JENN DRENNEN SECRETARY 2.00 X X 0 0 0 STEVE CROSS TRUSTEE 2.00 X 0 0 0 MICHAEL PALOTSEE TRUSTEE 2.00 X 0 0 0 BRAD KINKADE TRUSTEE 2.00 X 0 0 0 DAVID REDIG STARTED SEPT '22 EXECUTIVE DIRECTOR 45.00 X 29407 0 0 SCOTT TAYLOR LEFT MAY 2022 EXECUTIVE DIRECTOR 40.00 X 34261 0 8166 63668 0 8166 0 1 0 0 0 X 735859 660371 735859 RESTORE SALES 900099 633704 633704 MORTGAGE AMORTIZATION 522292 185633 185633 SALE OF HOMES 531390 11032 11032 830369 41594 41594 15044 8460 0 111871 15044 -103411 -88367 -88367 5183 7257 -2074 -2074 MISCELLANEOUS 811000 4989 4989 4989 1522370 830369 0 -43858 X 81831 64731 13093 4007 458623 362312 73380 22931 4524 3619 724 181 47657 38126 7625 1906 44803 35843 7168 1792 17100 7183 8549 1368 23021 9668 11511 1842 3662 2051 915 696 19191 17848 1343 36600 36600 15086 15086 59444 55283 4161 43438 39963 3475 RESTORE COST OF GOODS S 615382 615382 UTILITIES 77953 75614 2339 TOOLS 37180 24539 10782 1859 BAD DEBT 28461 28461 114626 103355 11271 1728582 1535664 156336 36582 249458 134129 10000 1000 848955 782020 5060 5717 15358 18357 1534800 528273 1071165 1006527 1187426 1301828 277087 283346 3664509 3532924 74322 49874 1000 1000 353302 392800 428624 443674 X 3220885 3074029 15000 15221 3235885 3089250 3664509 3532924 -206212 59577 0 X 0 1 X 1 0 X 800855 611413 711116 750100 735859 3609343 800855 611413 711116 750100 735859 3609343 0 0 0 3609343 3123 5550 13034 17161 41594 80462 3123 5550 13034 17161 41594 80462 931 15218 14977 71526 4989 107641 804909 632181 739127 838787 782442 3797446 0.95050 0.95400 0.02120 0.01070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 21425 21425 821140 210564 610576 441748 114343 327405 122346 85417 36929 128141 117949 10192 1006527 CIP 42211 LAND HELD FOR RESALE 120041 DEPOSITS 5307 MISCELLANEOUS ACCOUNTS RECEIVABLE 5789 ESCROW RECEIVABLE 40189 RIGHT-OF-USE-ASSET 69809 283346 X 1589204 59577 59577 1529627 -7257 -7257 1522370 1735839 7257 7257 1728582 0 1728582 PART IV, LINE 2B: THE ARRANGEMENT FOR THE ESCROW LIABILITY ACCOUNT IS BETWEEN HABITAT FOR HUMANITY AND MORTGAGE AFFILIATE SERVICES. THE ACCOUNT IS COMPRISED OF TAXES AND INSURANCE THAT THE HOMES HABITAT HAD SOLD AND ARE COLLECTING THE ESCROW ACCOUNT OWED TO THE BANK. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN CERTAIN TAX POSITIONS THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY APPLICABLE TAXING AUTHORITIES. THE ORGANIZATION WOULD RECOGNIZE INTEREST AND PENALTIES ACCRUED, IF ANY, RELATED TO UNRECOGNIZED TAX UNCERTAINTIES IN INCOME TAX EXPENSE. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN AND HAS CONCLUDED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES X 0 0 0 0 0 0 0 0 0 SCOTT TAYLOR LEFT MAY 2022 EXECUTIVE DIRECTOR 34261 0 0 0 0 0 0 0 8166 0 42427 0 0 0 X RESTORE DONATIONS 9999 586131 FMV X HOUSE AND LAND 1 69400 FMV X CONSTRUCTIONS ITEMS 1 4840 FMV 0 0 0 PART I, COLUMN (B): RESTORE DONATIONS ARE TAKEN IN FROM THE PUBLIC. MULTIPLE DONATIONS ARE MADE THROUGHOUT THE YEAR. THE NUMBER OF CONTRIBUTIONS IS SO VARIED THAT IT IS NOT COUNTED ON AN INDIVIDUAL BASIS. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES OTHER PROGRAM SERVICES INCLUDE REVENUE ASSOCIATED WITH THE DISCOUNTING OF MORTGAGE RECEIVABLES FOR THE HOMES SOLD TO PARTNER FAMILES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PROVIDED TO THE BOARD MEMBERS THROUGH EMAIL. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO REVIEW, DISCLOSE, AND SIGN THE POLICY ANNUALLY. AT EACH BOARD MEETING MEMBERS ARE ASKED TO ABSTAIN FROM ANY DISCUSSION OR VOTE THAT COULD BE POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PARTICIPATES IN AN ANNUAL REVIEW OF THE JOB OF THE EXECUTIVE DIRECTOR. BASED UPON THIS EVALUATION, WAGE INCREASES ARE CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CURRENT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND 990 AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 7C(II) REPRESENTS LOSS ON SALE OF HOMES TO UNRELATED ENTITIES OR INDIVIDUALS OUTSIDE OF THE ORGANIZATION. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 9,668. MANAGEMENT AND GENERAL EXPENSES 11,511. FUNDRAISING EXPENSES 1,842. TOTAL EXPENSES 23,021.