2024-05-14T16:13:50-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2689 COMMERCE DRIVE NW SUITE 201 ROCHESTER MN 55901 990 2022-07-01 411700206 RICE COUNTY HABITAT FOR HUMANITY RICE 5078386670 204 7TH ST W PMB 128 NORTHFIELD MN 55057 DAYNA NORVOLD EXECUTIVE DIRECTOR 5078386670 2024-05-10 1 DAYNA NORVOLD 999009999 0 KATHERINE LUTZKE CPA P01760889 5072802300 2024-05-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAYNA NORVOLD 204 7TH ST W PMB 128 NORTHFIELD MN 55057 915591 0 8545 X HTTPS://HABITATRICECOUNTY.ORG/ X 1991 MN BUILD RENOVATE & SELL HOMES TO LOW INCOME FAMILIES ON A NO-PROFIT-AFFORDABLE MORTGAGE 6 6 8 246 0 0 363669 263676 1539776 616663 73907 32180 -370 1198 1976982 913717 0 0 0 0 311225 302278 0 0 19532 1517790 921626 1829015 1223904 147967 -310187 2379786 2861102 1060808 1755507 1318978 1105595 TO BUILD RENOVATE AND SELL HOUSES TO LOW INCOME FAMILIES ON A NO-PROFIT, AFFORDABLE MORTGAGE IN RICE COUNTY, MN 0 0 1160371 0 616663 BUILDING AND SELLING HOMES TO FAMILIES IN POVERTY OR UNLIVABLE CONDITIONS. 1160371 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X DAYNA NORVOLD 5073235167 204 7TH ST W PMB 128 NORTHFIELD MN 55057 JULIE HALEY-BUCHWALD PRESIDENT 3.00 X X 0 0 0 KEN KANGAS VICE PRESIDENT 3.00 X X 0 0 0 DONNA RAE SCHEFFERT SECRETARY 3.00 X X 0 0 0 DAVE GREEN TREASURER 3.00 X X 0 0 0 BRENT NYSTROM DIRECTOR 3.00 X 0 0 0 MARK WELCH DIRECTOR 3.00 X 0 0 0 ERIC LUNDIN DIRECTOR 3.00 X 0 0 0 DAYNA NORVOLD EXECUTIVE DIRECTOR 40.00 X 94050 0 4583 94050 0 4583 0 0 0 0 0 49820 213856 263676 SALE OF HOMES AND LOTS 900099 550000 550000 DISCOUNT ON AMORTIZATI 900099 66663 66663 616663 273 273 31907 0 31907 31907 31907 3072 1874 1198 1198 913717 616663 0 33378 102975 102975 179165 153772 16929 8464 20138 18326 1208 604 21651 5349 16126 176 14786 9208 5578 1632 1632 7571 3785 3786 17590 17590 18645 18645 21400 21400 8569 8569 9479 8626 569 284 COST OF SALES 688159 688159 DISCOUNT ON MORTGAGES 45027 45027 SUPPLIES & EQUIPMENT 35866 35725 94 47 MISCELLANEOUS EXPENSE 19699 19083 616 11552 2500 4673 4379 1223904 1160371 44001 19532 322214 52300 51398 51442 46313 180834 16437 913955 867228 310043 1263203 2088 2088 640895 32491 552941 608404 2379786 2861102 61312 177206 999496 1578301 1060808 1755507 X 1108177 894074 210801 211521 1318978 1105595 2379786 2861102 -310187 96804 0 X X 0 1 X 1 0 X 170634 319054 397406 363669 263676 1514439 170634 319054 397406 363669 263676 1514439 112445 1401994 119 307 273 699 2133 6137 39377 47647 1562785 4732035 0.89710 0.88690 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 2,133. 2019 AMOUNT: $ 6,137. 2020 AMOUNT: $ 39,377. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 586624 586624 54271 32491 21780 608404 X 1012395 96804 1874 98678 913717 0 913717 1225778 1874 1874 1223904 0 1223904 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) UNDER A GROUP EXEMPTION LETTER GRANTED TO HABITAT INTERNATIONAL. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THESE FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THE ORGANIZATION HAS ADOPTED THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 1,874. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 1,874. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE BOARD IS THE ONLY ENTITY THAT CREATES AND APPROVES MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE FORM AT ONE OF THEIR SCHEDULED BOARD MEETINGS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C EXISTING BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM, NEW BOARD MEMBERS COMPLETE ONE WHEN THEY JOIN THE BOARD. ANY DIRECTOR, OR MEMBER OF COMMITTE WITH BOARD POWER IS COVERED BY THIS POLICY. ANY POTENTIAL CONFILICT THAT IS DISCLOSED WILL BE REVIEWED BY THE BOARD OR EXECUTIVE COMMITEE. IF A MEMBER FAILS TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST THEY MAY BE ASKED TO LEAVE THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS COMPARED TO OTHER LOCAL NON-PROFITS THAT ARE SIMILAR IN SIZE AND TO THE ANNUAL SALARY REPORT FROM THE MN COUNCIL OF NON-PROFITS. ALL IF ANY SALARY CHANGES ARE RECOMMENDED ANNUALLY FOR THE BUDGET AND THEN APPROVED BY THE EXECUTIVE COMMITTEE, AND THE BOARD. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS CONCERNING DISCLOSURE REQUIREMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.