2024-03-28T17:58:15-05:00 2023-06-30 911623649 JOHNSON STONE & PAGANO PS 1501 REGENTS BLVD SUITE 100 FIRCREST WA 98466 990 2022-07-01 911427020 SOUTH PUGET SOUND HABITAT FOR HUMANITY SOUT 3609563456 910 5TH AVENUE OLYMPIA WA 98501 GREG LAURA EXECUTIVE DIRECTOR 3609563456 2024-03-25 1 GREG LAURA 999009999 1 CRAIG P CATLIN P00741890 2535667070 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X GREG LAURA 910 5TH AVENUE OLYMPIA WA 98501 5104814 0 X WWW.SPSHABITAT.ORG X 1988 WA 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. SOUTH PUGET SOUND HABITAT FOR HUMANITY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUSTADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 11 11 41 141 0 0 4363922 3084552 2964739 487063 3172 50301 -6065 16692 7325768 3638608 0 0 0 0 1297071 1582454 0 0 308415 4430585 1719735 5727656 3302189 1598112 336419 7622796 11412726 2443876 6264633 5178920 5148093 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. SOUTH PUGET SOUND HABITAT FOR HUMANITY 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. 0 0 2015646 486455 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 CAREER GROWTH. DURING FISCAL YEAR, SOUTH PUGET SOUND HABITAT OF HUMANITY SERVED MORE THAN 100 FAMILIES THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM. SPS HABITAT STORES RAISE REVENUE FOR OUR BUILDING PROJECTS THROUGH THE SALE OF NEW AND GENTLY USED DONATED PRODUCTS. THE STORES SELL AFFORDABLE BUILDING MATERIAL, FURNITURE AND APPLIANCES AT OUR TWO RETAIL LOCATIONS IN WEST OLYMPIA AND YELM. THE STORES ARE INVOLVED IN RECYCLING AND REPURPOSING MATERIAL THAT WOULD OTHERWISE BE DISCARDED. 86324 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 ORGANIZING SAFETY MEETINGS WITH THE LOCAL POLICE DEPARTMENT TO REHABBING AND REOPENING SCHOOLS, STORES AND HOMES. 404703 17300 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 SOUTH PUGET SOUND HABITAT STAFF MEMBERS TO COMPLETE THE REPAIRS. 2506673 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 9 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 WA X X GREG LAURA 3609563456 910 5TH AVENUE OLYMPIA WA 98501 CARLY COLGAN EXECUTIVE DIRECTOR 40.00 X X 127375 0 4475 JENNIFER ARNORD SECRETARY 1.00 X X 0 0 0 ROGER DOUGLAS BOARD MEMBER 1.00 X 0 0 0 JANINE EZZELL VICE PRESIDENT 1.00 X X 0 0 0 CAROL HOUSTON BOARD MEMBER 1.00 X 0 0 0 JOHN HUTCHINGS PRESIDENT 1.00 X X 0 0 0 CRYSTAL MAZZUCA BOARD MEMBER 1.00 X 0 0 0 AARON ROBEL BOARD MEMBER 1.00 X 0 0 0 JASON RICHTER TREASURER 1.00 X X 0 0 0 CORY SWANK BOARD MEMBER 1.00 X 0 0 0 KAREN HALPERN BOARD MEMBER 1.00 X 0 0 0 TESSA BRADLEY BOARD MEMBER 1.00 X 0 0 0 127375 0 4475 1 0 0 0 0 1172218 1912334 1418218 3084552 HOME SALES 531390 329000 329000 MORTGAGE AMORTIZATION 522292 140763 140763 CRITICAL HOME REPAIR 531390 17300 17300 487063 50301 50301 1461256 1466206 -4950 -4950 MISC REV 900099 21642 21642 21642 3638608 503755 0 50301 X 135028 101818 17450 15760 1201639 905339 150481 145819 12652 9530 1578 1544 98386 74954 17586 5846 134749 105079 14141 15529 8193 5643 2550 47566 47566 140176 6902 62413 70861 41652 17475 6293 17884 95205 46578 46249 2378 67112 40767 15087 11258 476186 420440 37866 17880 87270 82923 4347 35425 35425 36848 27192 7186 2470 COST OF HOMES SOLD 336389 336389 REHABILITATION EXPENSES 250620 250620 HABITAT AFFILIATES 50000 50000 OTHER OPERATING EXPENSE 33032 25538 6308 1186 14061 14061 3302189 2506673 487101 308415 4666187 1077146 2716093 115908 96584 1067314 944658 131734 133919 74484 48224 1609958 241711 540627 1368247 1026542 5027855 7622796 11412726 165405 715348 15000 2203471 3534474 60000 2014811 2443876 6264633 X 5178920 5148093 5178920 5148093 7622796 11412726 X 336419 -367246 X X 0 1 X 1 1 1 X 2146260 1842811 2692222 4363922 3084552 14129767 2146260 1842811 2692222 4363922 3084552 14129767 14129767 3162 320 1201 3172 50301 58156 14187923 0.99590 0.85050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 568320 568320 662680 16804 645876 146922 74625 72297 232036 150282 81754 1368247 CONSTRUCTION IN PROGRESS 3442550 SECURITY DEPOSITS 2329 OPERATING RIGHT-OF-USE ASSET 1582976 5027855 DEPT OF COMMERCE LOAN 60000 OPERATING LEASE LIABILITY 1954811 2014811 5104814 1466206 1466206 3638608 0 3638608 4768395 1466206 1466206 3302189 0 3302189 PART XI, LINE 2D - OTHER ADJUSTMENTS: REDUCTION FROM COST OF GOODS 1,466,206. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,466,206. X BUILDING MATERIALS 160401 1418218 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED BY THE FINANCE MANAGER AND EXECUTIVE DIRECTOR AND APPROVED BY THE INTERNAL COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH BOARD MEMBER SIGNS THE AFFILIATE COVENANT INDICATING THEY WILL DISCLOSE CONFLICTS AND RECUSE THEMSELVES FROM VOTING ON ITEMS OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR COMPENSATION IS COMPARED AGAINST MARKET DATA FOR SUPPORT AND VERIFICATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE TAX FORM 990 IS MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE FOR REVIEW BY THE PUBLIC. FORM 990, PART IX, LINE 24E CLOSING COSTS: PROGRAM SERVICE EXPENSES 14,061. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,061. FORM 990, PART XI, LINE 9: EFFECT OF FASB TOPIC 842, LEASES, ADOPTION -367,246. FORM 990 PART XII QUESTION 2C: THE ORGANIZATION HAS ITS FINANCIAL STATEMENTS AUDITED EACH YEAR BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. THE FINANCE COMMITTEE HAS OVERSIGHT OF THE AUDIT OF OUR FINANCIAL STATEMENTS AND HAS AUTHORITY TO RECOMMEND A CHANGE IN AUDITORS SHOULD THAT BECOME NECESSARY. IN 2023 WE CHANGED AUDITORS.