2024-05-08T16:33:18-04:00 2023-06-30 460952065 BOUNTIFUL PEAK ADVISORS 1564 SOUTH 500 WEST SUITE 201 BOUNTIFUL UT 840107400 990 2022-07-01 841424693 HABITAT FOR HUMANITY OF SOUTHWEST UTAH HABI 4356747669 39 S MAIN STREET HURRICANE UT 84737 KRISTA LONGHURST EXECUTIVE DIRECTOR 4356747669 2024-05-15 true KRISTA LONGHURST XXX-XX-XXXX false SHALAUN T HOWELL CPA P00969274 8012943155 2024-05-08 2022 2023-04-26 12:10:37Z X KRISTA LONGHURST 39 S MAIN STREET HURRICANE UT 84737 2104755 false X WWW.HABITATSWU.ORG X 1997 UT THE ORGANIZATION'S MISSION IS TO PROVIDE EVERYONE A DECENT PLACE TO LIVE BY SEEKING TO PUT GOD'S LOVE INTO ACTION AND BRING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. 8 8 30 852 0 1149446 1070043 45538 53783 -1248 2456 -157447 47963 1036289 1174245 134 0 0 633005 563021 0 13986 521810 590097 1154949 1153118 -118660 21127 1439417 2694922 93394 1327772 1346023 1367150 X THE ORGANIZATION'S MISSION IS TO PROVIDE EVERYONE A DECENT PLACE TO LIVE BY SEEKING TO PUT GOD'S LOVE INTO ACTION AND BRING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. false false 27009 53783 BUILD AND REPAIR IN FY 2022-2023 WE HELPED 12 FAMILIES IN OUR COMMUNITY THROUGH OUR REPAIRS PROGRAM AND A BRUSH WITH KINDNESS. WE PROVIDE REPAIRS TO THOSE THAT FALL WITHIN 30% TO 80% OF THE AREA MEDIAN INCOME AND ARE IN NEED OF ASSISTANCE. THESE PROJECTS INCLUDED A LARGE-SCALE CRITICAL REPAIR PROJECT O THE SHIVWITS RESERVATION FOR A TRIBAL ELDER. THE HOME REQUIRED MOLD AND PEST REMEDIATION AS IT HAD BECOME A HORDING ISSUE. WE WERE ABLE TO COMPLETELY GUT AND REMODEL THE HOME, UNFORTUNATELY THE OWNER PASSED AWAY FROM CANCER RIGHT AT THE END OF THE PROJECT. WE REPLACED A WATER HEATER FOR AN ELDERLY COUPLE AND INSTALLED NEW WINDOWS AND AN AIR CONDITIONER IN A FAMILYS HOME. WE ARE ALSO ABLE TO INSTALL VIDEO DOORBELLS AND DEADBOLT LOCKS FOR 5 VICTIMS OF ASSAULT OR ABUSE AND HELPED 4 LOCAL HOMEOWNERS WITH LANDSCAPING ISSUES THAT THEY WERE NOT ABLE TO TAKE CARE OF THEMSELVES. WE SELECTED A FAMILY THAT WILL BE THE RECIPIENTS OF OUR 26TH HOME BUILD AND BEGAN THE WORK FOR PLANS AND PERMITTING TO BUILD THE HOME. 848159 10378 RESTORE OPERATION THE ORGANIZATION OPERATES TWO RESTORES, WHICH SELL DONATED BUILDING MATERIALS AND GENTLY USED HOUSEHOLD GOODS AND APPLIANCES TO THE PUBLIC. RESTORE REVENUE SUPPORTS THE ORGANIZATION'S ABILITY TO PLAN AND EXECUTE ITS AFFORDABLE HOUSING PROGRAMS AND SERVICES. FURTHERMORE, THE RESTORES PROVIDE A MEANS OF REUSING AND RECYCLING GOODS THAT MAY OTHERWISE CONTRIBUTE TO LOCAL LANDFILLS. OUR HOME PRODUCTION AND REPAIRS SLOWED DOWN IN THE FIRST PART OF 2023 AS WE PREPARED TO MOVE OUR MAIN RESTORE AND AFFILIATE OFFICES TO A NEW LOCATION. EXTENSIVE REPAIRS WE NEEDED AT OUR NEWLY LEASED LOCATION IN ORDER TO OBTAIN A BUSINESS LICENSE. 44771 37585 OTHER WE DID NOT ENGAGE IN STATEWIDE ADVOCACY THIS YEAR BUT WE WERE ABLE TO ADVOCATE ON A LOCAL LEVEL. WE WORKED IN COALITION WITH THE HOUSING ACTION COALITION TO ADVOCATE FOR A COMMUNITY LAND TRUST AND AN OVERHAUL OF LOCAL AFFORDABLE HOUSING POLICIES IN HURRICANE AND LA VERKIN UTAH. WE ALSO WORKED WITH THE CITY OF ST GEORGE ON THEIR ACCESSORY DWELLING UNIT PLANS AND POLICIES. WE ARE THE STEWARDS OF A LOCAL HISTORICAL CEMETERY AND WERE ABLE TO BUILD A NEW FENCE AND BEGIN THE PROCESS OF REPLACING THE UNKNOWN GRAVE MAKERS WITH NEW CROSSES. 919939 true true false true false false false false true false true false false true true true true false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 1 0 30 true false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true false true true false false UT X X X BOUNTIFUL PEAK ADVISORS 8012943155 1564 S 500 W STE 201 BOUNTIFUL UT 84010 KAYO SKANDUNAS EXECUTIVE DI 40.00 X 56305 0 0 KRISTA LONGHURST EXECUTIVE DI 40.00 X 58567 0 6587 SHARON SHORES PRESIDENT 1.50 X X 0 0 0 MARJORIE RUSSELL VICE PRESIDE 1.50 X X 0 0 0 ALEX CHARTER SECRETARY 1.50 X X 0 0 0 KARLI BLAKE TREASURER 1.50 X X 0 0 0 KADE MCMULLIN BOARD MEMBER 1.00 X 0 0 0 RUSS CARNAHAN BOARD MEMBER 1.00 X 0 0 0 LIL BARNES BOARD MEMBER 1.00 X 0 0 0 JASON EHLERS BOARD MEMBER 1.00 X 0 0 0 114872 6587 false false false 1070043 915375 1070043 AMORTIZE MORTGAGE DISCOUNT 624229 53783 53783 53783 2456 2456 940888 930510 10378 10378 LEGAL RESTITUTION 900099 22585 22585 INSURANCE PAYOUT 900099 15000 15000 37585 1174245 91368 12834 105378 4553 93998 6827 383805 349239 32549 2017 34619 29868 4749 2 39219 28781 9759 679 41567 41567 1090 590 500 16038 16038 16378 13361 2928 89 4543 2928 371 1244 352348 332814 18273 1261 22098 20752 1166 180 1954 1620 334 2 1 1 12500 12500 21275 14620 6655 24349 17838 6090 421 REPAIR AND MAINTENANCE 29201 29201 BANK AND MERCHANT FEES 26525 26203 322 SUPPLIES 11546 11341 11 194 FOOD AND BEVERAGE 5867 5470 397 2816 2221 23 572 1153118 919939 219193 13986 44465 48176 686484 684062 2965 22505 574776 540243 3400 45407 211002 142103 60642 68899 66685 1285630 1439417 2694922 76153 86985 17241 18191 1222596 93394 1327772 X 1343813 1273528 2210 93622 1346023 1367150 1439417 2694922 X 21127 X false true X true false X 619746 719819 1224216 1149446 1070043 4783270 116127 410189 147679 1107941 91368 1873304 14681 31172 65962 969255 940888 2021958 750554 1161180 1437857 3226642 2102299 8678532 40000 50000 90000 40000 50000 90000 8588532 2535 1702 493 411 2456 7597 2535 1702 493 411 2456 7597 753089 1162882 1438350 3227053 2104755 8686129 0.98880 0.99920 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false false true X 67444 42242 25202 143558 99861 43697 68899 RIGHT OF USE ASSET OPERATING LEASE 1217315 CONSTRUCTION IN PROGRESS 68315 1285630 LEASE LIABILITY OPERATING 1222596 1222596 X 2108472 3717 930510 934227 1174245 1174245 2087345 3717 930510 934227 1153118 1153118 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION PROVIDES INTEREST-FREE PROGRAMATIC LOANS TO INDIVIDUALS WHO PURCHASE THE HOMES THAT THE ORGANIZATION BUILDS. EACH HOMEOWNER MAKES A MONTHLY PAYMENT ACCORDING TO THE TERMS OF THE PROMISSORY NOTE AND HOME PURCHASE AGREEMENT. THE PAYMENT INCLUDES PRINCIPAL AND AMOUNTS FOR PROPERTY TAXES AND PROPERTY INSURANCE ON THE HOME. THE ORGANIZATION HOLDS AMOUNTS PAID FOR PROPERTY TAXES AND PROPERTY INSURANCE IN A SEPARATE ESCROW ACCOUNT AND USES THE FUNDS TO PAY THE PROPERTY TAX AND PROPERTY INSURANCE BILLS ON EACH PROPERTY WHEN DUE. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3), QUALIFYING FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER SECTION 509(A). THE ORGANIZATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) AND IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN IN ITS ANNUAL FILING AND DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATIONS FORMS 990 ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2019. SCHEDULE D, PAGE 4, PART XI, LINE 2D COST OF GOODS SOLD - RESTORE 930,510 SCHEDULE D, PAGE 4, PART XII, LINE 2D COST OF GOODS SOLD - RESTORE 930,510 X INVENTORY 2277 915375 ESTIMATED FMV false false false SCHEDULE M, PAGE 2, PART II THE ORGANIZATION IS REPORTING THE NUMBER OF DONATIONS, NOT THE NUMBER OF DONATED ITEMS. FORM 990, PAGE 2, PART III, LINE 4A BUILD AND REPAIR IN FY 2022-2023 WE HELPED 12 FAMILIES IN OUR COMMUNITY THROUGH OUR REPAIRS PROGRAM AND A BRUSH WITH KINDNESS. WE PROVIDE REPAIRS TO THOSE THAT FALL WITHIN 30% TO 80% OF THE AREA MEDIAN INCOME AND ARE IN NEED OF ASSISTANCE. THESE PROJECTS INCLUDED A LARGE-SCALE CRITICAL REPAIR PROJECT O THE SHIVWITS RESERVATION FOR A TRIBAL ELDER. THE HOME REQUIRED MOLD AND PEST REMEDIATION AS IT HAD BECOME A HORDING ISSUE. WE WERE ABLE TO COMPLETELY GUT AND REMODEL THE HOME, UNFORTUNATELY THE OWNER PASSED AWAY FROM CANCER RIGHT AT THE END OF THE PROJECT. WE REPLACED A WATER HEATER FOR AN ELDERLY COUPLE AND INSTALLED NEW WINDOWS AND AN AIR CONDITIONER IN A FAMILYS HOME. WE ARE ALSO ABLE TO INSTALL VIDEO DOORBELLS AND DEADBOLT LOCKS FOR 5 VICTIMS OF ASSAULT OR ABUSE AND HELPED 4 LOCAL HOMEOWNERS WITH LANDSCAPING ISSUES THAT THEY WERE NOT ABLE TO TAKE CARE OF THEMSELVES. WE SELECTED A FAMILY THAT WILL BE THE RECIPIENTS OF OUR 26TH HOME BUILD AND BEGAN THE WORK FOR PLANS AND PERMITTING TO BUILD THE HOME. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATIONS FORM 990 WAS PREPARED BY THE ORGANIZATIONS CPA IN CONSULTATION WITH THE ORGANIZATIONS EXECUTIVE DIRECTOR. IT WAS REVIEWED IT DETAIL BY THE ORGANIZATIONS TREASURER FOR ACCURACY AND REASONABILITY. A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATIONS BOARD OF DIRECTORS BEFORE IT WAS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION PROVIDES A COPY OF ITS CONFLICT OF INTEREST POLICY TO ALL BOARD MEMBERS AND MANAGEMENT DURING ONBOARDING. IN ADDITION, A COPY IS PROVIDED ANNUALLY. ALL BOARD MEMBERS AND MANAGEMENT ARE REQUIRED TO REVIEW THE POLICY AND SIGN A DISCLOSURE STATEMENT, WHICH ACKNOWLEDGES AND UNDERSTANDING OF THE POLICY AND DISCLOSES ANY POTENTIAL CONFLICTS OF INTEREST THEY ARE AWARE OF. THE SIGNED STATEMENTS ARE KEPT ON RECORD AT OUR OFFICE AND FILED WITH HABITAT FOR HUMANITY INTERNATIONAL. ALL POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE EXECUTIVE COMMITTEE TO DETERMINE THE APPROPRIATE ACTION TO BE TAKEN TO ELIMINATE OR MITIGATE RISKS POSED BY THE CONFLICT. THE ORGANIZATION REQUIRES THAT BOARD MEMBERS WITH CONFLICT OF INTEREST BE RECUSED FROM THE DELIBERATION AND VOTING RELATED TO A TRANSACTION OR ACTION IN WHICH THEY MAY HAVE CONFLICT. FORM 990, PAGE 6, PART VI, LINE 15A AT THE TIME OR HIRE AND ON AN ANNUAL BASIS FOLLOWING, A COMMITTEE OF THE BOARD OF DIRECTORS ESTABLISHES THE EXECUTIVE DIRECTORS COMPENSATION. THE ORGANIZATION REQUIRES THAT NO MEMBER OF THE COMMITTEE HAVE A CONFLICT OF INTEREST RELATED TO THE COMPENSATION ARRANGEMENT. THE COMMITTEE USES SALARY SURVEYS, PUBLICLY AVAILABLE 990S, AND OTHER INFORMATION FOR SIMILAR POSITIONS AND SIMILAR ORGANIZATIONS WITHIN THE REGION TO ESTABLISH A REASONABLE LEVEL OF COMPENSATION. THE COMMITTEE CONTEMPORANEOUSLY DOCUMENTS ITS DISCUSSIONS AND DECISIONS IN COMMITTEE MINUTES. THE ORGANIZATIONS BOARD MEMBERS DO NOT RECEIVE COMPENSATION FROM THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATIONS OFFICE. IN ADDITION, THE ORGANIZATIONS 990S FOR THE PAST SEVERAL YEARS ARE AVAILABLE THROUGH GUIDESTAR.ORG AND THE ORGANIZATIONS ARTICLES OF INCORPORATION ARE AVAILABLE THROUGH THE UTAH DEPARTMENT OF COMMERCE DIVISION OF CORPORATIONS AND COMMERCIAL CODE. FORM 990, PART XI, LINE 9 COST OF GOODS SOLD - RESTORE 930,510 COST OF GOODS SOLD - RESTORE -930,510