2025-03-24T05:39:20-05:00 2024-06-30 341818258 MEADEN & MOORE LTD 1375 EAST NINTH STREET SUITE 1800 CLEVELAND OH 441141790 990 2023-07-01 341657171 HABITAT FOR HUMANITY OF MAHONING VALLEY HABI 3307437244 1919 E MIDLOTHIAN BLVD YOUNGSTOWN OH 44502 HEATHER BROWN DIRECTOR OF FINANCE & HUMAN RESOURC 3307437244 2025-03-12 1 1 KAREN B COONEY P00285983 2162413272 2025-03-12 2023 2025-03-06 01:10:19Z HEATHER BROWN 1919 E MIDLOTHIAN BLVD YOUNGSTOWN OH 44502 1641204 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. 11 11 24 262 0 0 735859 727790 830369 793260 -46773 40771 2915 61576 1522370 1623397 0 0 0 0 637438 789082 0 0 76953 1091144 1171870 1728582 1960952 -206212 -337555 3532924 3251826 443674 385884 3089250 2865942 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. 0 0 1098160 0 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 HOMEOWNERS. DURING FISCAL YEAR 2024, HABITAT FOR HUMANITY OF MAHONING VALLEY STARTED 2 PROJECTS THAT WILL BE COMPLETED IN FISCAL YEAR 2025 AND WILL SERVE 2 FAMILIES THROUGH ITS HOMEOWNERSHIP PROGRAM." 628512 666069 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. 47845 47562 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 IN 2022, HABITAT FOR HUMANITY OF MAHONING VALLEY HAS PARTNERED WITH 9 LOCAL HOMEOWNERS, WITH 3 HOMEOWNERS SERVED DURING FY2024." 79629 79629 1774517 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 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 24 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 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 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 EMILY SMERCHANSKY TRUSTEE 2.00 X 0 0 0 MARY LOU REYES TRUSTEE 2.00 X 0 0 0 LENNY FISHER TRUSTEE 2.00 X 0 0 0 JANE KESTNER TRUSTEE 2.00 X 0 0 0 DAVID REDIG EXECUTIVE DIRECTOR 45.00 X 98358 0 0 98358 0 0 0 0 0 0 0 X 727790 638876 727790 RESTORE SALES 900099 666069 666069 MORTGAGE AMORTIZATION 522292 79629 79629 HOME REPAIR REVENUE 811000 47562 47562 793260 29086 29086 26377 3050 0 17742 26377 -14692 11685 11685 242 65 177 177 MISCELLANEOUS 811000 61399 61399 61399 1623397 793260 0 102347 98654 82735 7624 8295 542223 455468 43378 43377 7444 6178 447 819 75534 62693 4532 8309 65227 54138 3914 7175 19800 9108 10692 20463 9413 11050 3802 3043 645 114 20955 19488 1257 210 38186 38186 14685 14098 587 55917 50884 5033 51981 47303 4678 RESTORE COST OF GOODS S 657851 657851 UTILITIES 78736 76374 2362 TOOLS 49426 34598 7414 7414 COST OF HOMES REPAIRED 47562 47562 112506 105397 5869 1240 1960952 1774517 109482 76953 134129 127565 1000 3250 782020 716582 5717 5752 18357 27868 1546084 578198 1006527 967886 1301828 1121469 283346 281454 3532924 3251826 49874 60317 1000 0 392800 325567 443674 385884 X 3074029 2852692 15221 13250 3089250 2865942 3532924 3251826 -337555 114247 0 X 0 1 X 1 0 X 611413 711116 750100 735859 727790 3536278 611413 711116 750100 735859 727790 3536278 0 0 0 3536278 5550 13034 17161 41594 29086 106425 5550 13034 17161 41594 29086 106425 15218 14977 71526 4989 61399 168109 632181 739127 838787 782442 818275 3810812 0.92800 0.95050 0.02790 0.02120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 21425 21425 821140 231733 589407 441748 129388 312360 118080 95386 22694 143691 121691 22000 967886 CIP 78254 LAND HELD FOR RESALE 89951 DEPOSITS 5307 MISCELLANEOUS ACCOUNTS RECEIVABLE 5764 ESCROW RECEIVABLE 66822 RIGHT-OF-USE-ASSET 34197 UNDEPOSITED FUNDS 1159 281454 X 1737709 114247 114247 1623462 -65 -65 1623397 1961017 65 65 1960952 0 1960952 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 FROM 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 -65. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 65. X RESTORE DONATIONS 9999 618771 FMV X CONSTRUCTIONS ITEMS 1 19915 FMV X OTHER 1 190 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 FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. A COPY OF THE RETURN IS PROVIDED TO THE MEMBERS OF THE BOARD ELECTRONICALLY FOR REVIEW AND APPROVAL PRIOR TO FILING. 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 DIRECTOR'S SALARY IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE. BASED ON THIS REVIEW, 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.