2025-03-05T02:12:22-06:00 2024-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2023-07-01 561586870 HABITAT FOR HUMANITY OF GREATER GREENSBORO INC HABI 3362754663 3826 W GATE CITY BLVD GREENSBORO NC 27407 DAVID KOLOSIEKE PRESIDENT/CEO 3362754663 2025-02-20 1 0 JOHN M ROBINSON P01281319 3362944494 2025-02-20 2023 2025-03-06 01:10:19Z DAVID KOLOSIEKE 3826 W GATE CITY BLVD GREENSBORO NC 27407 5623281 0 8545 X WWW.HABITATGREENSBORO.ORG X 1987 NC PROVIDE ACCESS TO HOMEOWNERSHIP OPPORTUNITIES FOR HOUSEHOLDS EARNING BETWEEN 30-80% OF THE AREA MEDIAN INCOME. BY PROVIDING INCREASED HOMEOWNERSHIP ACCESS, HABITAT GREENSBORO ASSISTS IN BUILDING AND STRENGTHENING OUR COMMUNITY. 20 20 52 1128 0 0 1564831 1138437 1112485 3686388 -78086 20924 1092427 519359 3691657 5365108 49323 63873 0 0 1702312 2090483 0 0 732094 1511462 4429780 3263097 6584136 428560 -1219028 10656647 11253398 1550809 3361138 9105838 7892260 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 GREATER GREENSBORO 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 1 4047477 63873 3369623 HOMEOWNERSHIP PROGRAM: FAMILIES, IN NEED OF A DECENT PLACE TO LIVE, BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH HABITAT. HABITAT HOMES ARE MODESTLY SIZED - 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, AND USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, 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 CAREER GROWTH. DURING FISCAL YEAR 2024, HABITAT GREENSBORO SERVED 16 HOUSEHOLDS THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM. 844291 403188 RESTORE SERVICES: THE RESTORE WAS CLOSED ON MAY 4, 2024. HABITAT GREENSBORO'S RESTORE EXISTS TO PROVIDE REVENUE TO SUPPORT THE AFFORDABLE HOMEOWNERSHIP MISSION AND TO PROVIDE HOME FURNISHINGS, APPLIANCES, BUILDING MATERIALS, AND OTHER ITEMS TO THE PUBLIC AT A SIGNIFICANTLY REDUCED COST. BUSINESSES AND INDIVIDUALS DONATE NEW AND USED ITEMS TO THE STORE. HOMEOWNERS AND OTHERS VOLUNTEER IN THE STORE, KEEPING THE OPERATING EXPENSES AS LOW AS POSSIBLE. 441831 318388 FINANCIAL AND HOMEBUYER EDUCATION PROGRAM: 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, COVERED TOPICS INCLUDE 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. 5333599 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 52 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X DAVID KOLOSIEKE 3362754663 3826 W GATE CITY BLVD GREENSBORO NC 27407 BEN BROWN DIRECTOR 1.00 X 0 0 0 DEDE POTTER CHAIR 1.00 X X 0 0 0 KELLY SMITH TREASURER 1.00 X X 0 0 0 TAMARA MOORE SECRETARY 1.00 X X 0 0 0 SIDDIGA AHMED DIRECTOR 1.00 X 0 0 0 DANNY BROWN DIRECTOR 1.00 X 0 0 0 GINGER CRAIG DIRECTOR 1.00 X 0 0 0 KAREN DYER VICE-CHAIR 1.00 X X 0 0 0 DAMIEN GORHAM DIRECTOR 1.00 X 0 0 0 JAMES HARMON DIRECTOR 1.00 X 0 0 0 STEPHEN LEGRONE DIRECTOR 1.00 X 0 0 0 WAYNE MARSH DIRECTOR 1.00 X 0 0 0 AMY MEINECKE DIRECTOR 1.00 X 0 0 0 DAVID MILLSAPS DIRECTOR 1.00 X 0 0 0 DOMONICKA MOORE DIRECTOR 1.00 X 0 0 0 BRAD RESLER DIRECTOR 1.00 X 0 0 0 WAYNE YOUNG DIRECTOR 1.00 X 0 0 0 RYAN HERRING DIRECTOR 1.00 X 0 0 0 SARAH HUTCHINSON DIRECTOR 1.00 X 0 0 0 AMINA MEMON DIRECTOR 1.00 X 0 0 0 DAVID KOLOSIEKE PRESIDENT, CEO 55.00 X 145241 0 3614 JASON LIEBMAN DIRECTOR OF FINANCE 55.00 X 2212 0 0 RUTHIE RICHARDSON ROBINSON COO 40.00 X 128529 0 9947 275982 0 13561 2 0 0 0 A1C CONCRETE LLC 4001 MARTIN AVENUE GREENSBORO NC 27405 CONCRETE SERVICES 273457 1 227036 911401 58982 1138437 HOME SALES 531390 3368000 3368000 MORTGAGE DISCOUNT AMOR 522292 318388 318388 3686388 21904 21904 3250 4230 -980 -980 -980 143741 29193 114548 114548 627938 224750 403188 403188 RECAPTURE OF FORGIVEAB 531390 1415 1415 OTHER INCOME 531390 208 208 1623 5365108 4091199 0 135472 X 63873 63873 151066 37213 24540 89313 1567839 1045458 200245 322136 21710 10924 7526 3260 207454 151229 21439 34786 142414 79929 32302 30183 27866 27866 370868 201949 43866 125053 59740 9320 4798 45622 27431 8592 17348 1491 98179 38358 33708 26113 64151 59560 651 3940 9461 2227 1892 5342 27539 5779 2231 19529 51420 19097 32323 83761 73327 10434 48041 13101 34940 CONSTRUCTION COSTS 3376635 3376635 VEHICLE EXPENSE 78660 78610 50 106028 58418 22284 25326 6584136 5333599 518443 732094 1126527 335128 2500 25000 273486 98879 140111 0 0 11575 2531555 717998 1513150 1813557 193686 227248 4534709 4111498 2872478 4630513 10656647 11253398 212723 176100 60619 110117 734158 517330 27045 1041568 516264 1516023 1550809 3361138 X 8153281 7061458 952557 830802 9105838 7892260 10656647 11253398 -1219028 5450 0 X 0 1 X 1 0 X 1404195 1817341 1275717 1564831 1138437 7200521 1404195 1817341 1275717 1564831 1138437 7200521 320063 6880458 32256 17714 9304 20626 21904 101804 8724 2804 241884 43402 1624 298438 7600763 13481982 0.90520 0.90860 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 8,724. 2020 AMOUNT: $ 2,804. 2021 AMOUNT: $ 241,884. 2022 AMOUNT: $ 43,402. 2023 AMOUNT: $ 1,624. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 193686 20000 13562 227248 198165 -4479 193686 179437 18728 198165 144464 34973 179437 173068 10000 -16504 22100 144464 1.00000 0 0 750000 750000 1360907 436232 924675 209685 192598 17087 210963 89168 121795 1813557 NON-INTEREST BEARING MORTGAGES RECEIVABLE 4111498 C 4111498 LAND HELD FOR HOMESITES 1085555 HOMES UNDER CONSTRUCTION 3544958 4630513 LINE OF CREDIT 1516023 1516023 X 5624501 5450 5450 5619051 -253943 -253943 5365108 6838079 253943 253943 6584136 0 6584136 PART IV, LINE 2B: HABITAT MAINTAINS ESCROW ACCOUNTS ON BEHALF OF HOMEBUYERS TO FUND HOMEOWNERS' TAXES, INSURANCE, AND MAINTENANCE. PART V, LINE 4: THE EARNINGS ON PERMANENTLY RESTRICTED AMOUNTS CAN BE USED AT THE DISCRETION OF HABITAT TO SUPPORT ITS PROGRAMS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED DURING THE YEAR ENDED JUNE 30, 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -29,193. COST OF GOODS SOLD -224,750. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 29,193. COST OF GOODS SOLD 224,750. BLUEPRINTS AND BUBBLY 143741 143741 6431 8784 2054 11924 143741 143741 6431 8784 2054 11924 29193 114548 1 HABITAT FOR HUMANITY INTERNATIONAL 322 W LAMAR STREET AMERICUS GA 31709 911914868 501(C)(3) 63873 0 ASSISTANCE WITH HOUSING PROGRAMS 1 PART I, LINE 2: THE ORGANIZATION MAKES TITHE CONTRIBUTIONS TO HABITAT FOR HUMANITY INTERNATIONAL TO PROVIDE FUNDING FOR INTERNATIONAL AFFILIATES. THE TITHE IS DIRECTED TO HONDURAS AND KENYA. HABITAT FOR HUMANITY INTERNATIONAL ENSURES THAT EACH AFFILIATE PROVIDES REPORTING AND ACCOUNTABILITY TO REMAIN AN AFFILIATE IN GOOD STANDING. IN ADDITION, PERIODIC REPORTS ARE RECEIVED THAT DETAIL THE ACTIVITIES AND THE USE OF FUNDS BY EACH INTERNATIONAL PARTNER. X CONSTRUCTION MATERIALS 16 58982 FMV 0 0 0 FORM 990, PART III, LINE 3 THE RESTORE WAS CLOSED ON MAY 4, 2024. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND THE DIRECTOR OF FINANCE REVIEW THE FORM 990 PRIOR TO SUBMISSION TO THE IRS. BOARD MEMBERS RECEIVE A COPY OF THE DOCUMENT BY EMAIL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONTHLY MEETINGS WITH THE BOARD TO DISCUSS FINANCIAL POSITION. WE ALSO HAVE DEPARTMENT MEETINGS WITH STAFF AND LEADERSHIP TO DISCUSS POLICIES AND PROCEDURES TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION INCLUDES SURVEYING AND BENCHMARKING AGAINST OTHER HABITAT AFFILIATES AND OTHER NORTH CAROLINA NONPROFITS (OVER 400 NONPROFITS IN SURVEY). PAY RANGES ESTABLISHED BASED ON SURVEY RESULTS. GOVERNANCE COMMITTEE OF BOARD REVIEWS PAY RANGES FOR ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS TAX RETURN AND OTHER DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART IX, STATEMENT OF FUNCTIONAL EXPENSES HABITAT GREENSBORO 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 HABITAT GREENSBORO'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, HABITAT GREENSBORO 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.