2024-05-15T13:56:15-05:00 2023-06-30 340677006 MALONEY NOVOTNY LLC 1105 SCHROCK ROAD STE 510 COLUMBUS OH 43229 990 2022-07-01 311402513 BUCKEYE RIDGE HABITAT FOR HUMANITY INC BUCK 7403832007 1713 MARION MOUNT GILEAD RD 217 MARION OH 43302 LYNN ZUCKER EXECUTIVE DIRECTOR 7403832007 2024-05-15 1 LYNN ZUCKER 999009999 0 GREGORY RUBAN P00946304 6147816174 2024-05-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LYNN ZUCKER 1713 MARION MOUNT GILEAD RD 217 MARION OH 43302 933006 0 8545 X HTTPS://WWW.BUCKEYERIDGEHABITAT.ORG X 1993 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 BUCKEYE RIDGE 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. 15 15 15 95 245563 0 348006 341489 336497 274260 0 0 37009 263515 721512 879264 0 0 0 0 250560 133906 0 0 19450 318251 380868 568811 514774 152701 364490 1047784 1687605 378348 1158813 669436 528792 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 BUCKEYE RIDGE 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 RESPONG TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 0 0 430352 289245 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 FREES FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGES 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 CAREER GROWTH. NEIGHBORHOOD REVITALIZATION PROGRAM: THROUGH OUR NEIGHBORHOOD REVITALIZATION WORK, WE TAILOR OUR EFFORTS BY PARTNERING LOCALLY WITH RESIDENTS AND COMMUNITY LEADERS AND ORGANIZATIONS TO BEST ADDRESS THE REAL CONCERNS OF THE COMMUNITY AND IMPROVE THE LIVES OF THE PEOPLE WHO LIVE THERE. USING A DATA-DRIVEN AND CUSTOMIZABLE APPROACH, WE FOCUS ON FIRST UNDERSTANDING THE CONCERNS OF THE RESIDENTS AND THEN EMPOWERING THESE RESIDENTS TO LEAD THE PROJECTS THEY WANT TO SEE. ALONGSIDE HABITAT, RESIDENTS WORK WITH CHURCHES, SCHOOLS, NEW AND LONGSTANDING NEIGHBORHOOD COALITIONS, LOCAL GOVERNMENT ENTITIES, AND OTHER COMMUNITY PARTNERS TO ACHIEVE THEIR GOALS. BECAUSE EACH NEIGHBORHOOD'S CHALLENGES AND ASPIRATIONS ARE DIFFERENT, THE FRAMEWORK ACTS AS A GUIDE THAT CAN BE TAILORED TO THE GOALS OF EACH COMMUNITY. THAT'S WHY NEIGHBORHOOD REVITALIZATION CAN LOOK LIKE ANYTHING FROM DEVELOPING PUBLIC PARKS TO ORGANIZE SAFETY MEETINGS WITH THE LOCAL POLICE DEPARTMENT TO REHABBING AND REOPENING SCHOOLS, STORES, AND HOME. 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 BUCKEYE RIDGE STAFF MEMBERS TO COMPLETE THE REPAIRS. SINCE THE INCEPTION OF THE HOME PRESERVATION PROGRAM, 430352 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 15 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 OH X LYNN ZUCKER 7403832007 1713 MARION MT GILEAD RD SUITE 217 MARION OH 43302 SCOTT BENNETT TREASURER 2.00 X X 0 0 0 FRED RODE TRUSTEE 2.00 X 0 0 0 GEOFF GREGORY CHAIR 2.00 X X 0 0 0 VERN SMITH TRUSTEE 2.00 X 0 0 0 ROBERT BAER TRUSTEE 2.00 X 0 0 0 JACQUELINE PETERSON VICE CHAIR 2.00 X X 0 0 0 CHRISTINE BROWN VICE CHAIR 2.00 X X 0 0 0 ERIN BENDER TRUSTEE 2.00 X 0 0 0 CATHERINE GERBER TRUSTEE 2.00 X 0 0 0 STEVE GILMORE TRUSTEE 2.00 X 0 0 0 JANELLE HAFER TRUSTEE 2.00 X 0 0 0 KELLY MARSH TRUSTEE 2.00 X 0 0 0 JIM MCGUIRE TRUSTEE 2.00 X 0 0 0 ETHAN OTT TRUSTEE 2.00 X 0 0 0 JIM TERRY TRUSTEE 2.00 X 0 0 0 LYNN ZUCKER EXECUTIVE DIRECTOR 40.00 X 45651 0 0 45651 0 0 0 0 0 0 0 16467 109500 215522 30111 341489 HOMES SALES 230000 197865 197865 MORTGAGE DISCOUNTS EAR 522292 75895 75895 GAIN ON SALE OF PROPER 531390 500 500 274260 2967 16467 0 2967 2967 299305 53742 245563 245563 OTHER INCOME 900099 14985 14985 14985 879264 289245 245563 2967 41086 41086 77787 68831 189 8767 15033 10958 3635 440 5998 5502 306 190 11781 11781 3780 1472 2308 7044 7044 44582 36978 7604 4809 2694 1005 1110 18592 4714 13758 120 14591 14591 17086 14141 2945 COST OF SALES- HOMES 420421 420421 CRITICAL HOME REPAIRS 29076 29076 OTHER 24490 20520 3970 CONTRIBUTIONS 19200 200 19000 -240582 -247876 3724 3570 514774 430352 64972 19450 7727 2104 52363 133217 595116 744128 29125 32826 7215 167684 144458 37817 23226 318421 752104 1047784 1687605 36724 65921 5758 4860 306568 358256 29298 729776 378348 1158813 X 668436 402939 1000 125853 669436 528792 1047784 1687605 X 364490 -505134 X 0 1 X 1 0 X 197360 144155 150931 152162 341489 986097 459169 428884 445444 468396 573565 2375458 656529 573039 596375 620558 915054 3361555 0 0 0 3361555 781 3 784 781 3 784 14985 14985 657310 573042 596375 620558 930039 3377324 0.99530 0.99970 0.00020 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 4460 513 4973 4758 -294 4 4460 1.00000 1 0 85910 72030 13880 43405 40466 2939 38369 31962 6407 23226 HOUSES TO BE RESOLD AND LAND HELD FOR FUTURE CONSTRUCTION 10800 CONSTRUCTION IN PROGRESS 28329 SECURITY DEPOSIT 3400 LAND HELD 36088 COMMUNITY FOUNDATION 4973 RIGHT OF USE ASSET 668514 752104 REVOLVING LINE OF CREDIT 36 CASH OVERDRAFT 61877 OPERATING LEASE LIABILITY 667863 729776 X 946303 67039 67039 879264 0 879264 1086947 572173 572173 514774 0 514774 PART IV, LINE 2B: BUCKEYE RIDGE SERVICES THE MORTGAGES ON THE HOMES IT SELLS. INCLUDED IN CASH ARE AMOUNTS RECEIVED FOR INSURANCE AND TAXES ON THE HOMES. BUCKEYE RIDGE RECORDS THE RELATED LIABILITIES AS ESCROWS FOR RESIDENTS. BECAUSE THE HOMES SERVE AS COLLATERAL FOR THE MORTGAGES RECEIVABLE, BUCKEYE RIDGE PAYS THE REAL ESTATE TAXES AND INSURANCE EVEN WHEN THE HOMEOWNERS ARE DELINQUENT ON MONTHLY ESCROW PAYMENTS. FROM TIME TO TIME, BUCKEYE RIDGE MAY SPEND MORE THAN THE ESCROWED CASH ON HAND IN ORDER TO KEEP THESE PAYMENTS CURRENT. PART V, LINE 4: BUCKEYE RIDGE HAS BENEFICIAL INTERESTS THAT ARE HELD BY THE MARION COMMUNITY FOUNDATION (THE "FOUNDATION"). BUCKEYE RIDGE GRANTED VARIANCE POWER TO THE FOUNDATION, WHICH ALLOWS THE FOUNDATION TO MODIFY ANY CONDITION OR RESTRICTION ON ITS DISTRIBUTIONS FOR ANY SPECIFIED CHARITABLE PURPOSE OR TO ANY SPECIFIED ORGANIZATION IF, IN THE SOLE JUDGMENT OF THE FOUNDATIONS' BOARD OF DIRECTORS, SUCH RESTRICTION OR CONDITION BECOMES UNNECESSARY, INCAPABLE OF FULFILLMENT, OR INCONSISTENT WITH THE CHARITABLE NEEDS OF THE COMMUNITY. THE FUNDS ARE HELD AND INVESTED BY THE FOUNDATION FOR THE BENEFIT OF BUCKEYE RIDGE AND ARE REPORTED AT FAIR VALUE IN THE STATEMENT OF FINANCIAL POSITION, WITH DISTRIBUTIONS AND CHANGES IN FAIR VALUE RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PART X, LINE 2: BUCKEYE RIDGE HAS BEEN DETERMINED, BY THE INTERNAL REVENUE SERVICE (IRS), AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND CLASSIFIED BY THE IRS AS OTHER THAN A PRIVATE FOUNDATION AND, AS A RESULT, A PROVISION FOR TAXES IS NOT REQUIRED. HABITAT HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, TOPIC OF THE FASB ASC. BUCKEYE RIDGE RECORDS INTEREST AND PENALTIES, IF ANY, IN INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY, IN OPERATING EXPENSES. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, NO INTEREST OR PENALTIES RELATED TO TAXES WERE INCURRED. THE RESTORE SELLS MERCHANDISE THAT HAS BEEN DONATED OR PURCHASED AND THE PROCEEDS GO DIRECTLY TO FURTHER THE MISSION OF BUCKEYE RIDGE. THIS ACTIVITY MAY CAUSE BUCKEYE RIDGE TO BE SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"). THE IRS SPECIFICALLY EXCLUDES FROM UBIT UNDER IRC513(A)(3), THE SELLING OF MERCHANDISE IF SUBSTANTIALLY ALL OF THE RESALE ITEMS HAVE BEEN RECEIVED VIA GIFT OR DONATION. WHILE THE IRS HAS NOT DEFINED WHAT SUBSTANTIALLY ALL MEANS, THE HFHI AFFILIATE OPERATIONS MANUAL SPECIFIES THAT AT LEAST 85% OF MERCHANDISE NEEDS TO HAVE COME FROM DONATED ITEMS TO BE EXCLUDED FROM UBIT. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, BUCKEYE RIDGE DID NOT MEET THE 85% TEST AND WILL NEED TO INCLUDE RESTORE SALES AS UBIT. MANAGEMENT EXPECTS EXPENSES TO EXCEED INCOME FOR THE PERIOD. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. BUCKEYE RIDGE'S EVALUATION AT JUNE 30, 2022 REVEALED NO TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL REPORT. BUCKEYE RIDGE DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT 12 MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION OF COST OF GOODS SOLD 53,742. EXPENSE RECLASSIFICATION 13,297. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFICATION OF COST OF GOODS SOLD 53,742. EXPENSE RECLASSIFICATION 13,297. UBIT EXPENSES 259,566. RESTORE GROSS PROFIT 245,563. ROUNDING 5. PARTY IN THE PARKING LOT 19434 16467 2967 19434 16467 2967 2967 X 30111 MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS THE REPORT AND BRINGS TO BOARD FOR ACCEPTANCE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UBIT ACTIVITY RECLASSIFICATION -505,134.