2024-05-09T15:48:10-04:00 2023-06-30 753089868 ADKINS & ASSOCIATES CHTD 2016 N WASHINGTON ST STE 3 TWIN FALLS ID 83301 990 2022-07-01 820442486 HABITAT FOR HUMANITY OF THE MAGIC VALLEY INC HABI 2087351233 2016 N WASHINGTON STREET SUITE 3 TWIN FALLS ID 83301 LINDA FLEMING EXECUTIVE DIRECTOR 2087351233 2023-12-19 true LINDA FLEMING XXX-XX-XXXX true TONY L ADKINS P00370204 2087379701 2024-05-09 2022 2023-04-26 12:10:37Z LINDA FLEMING 1098 PINEWOOD DRIVE TWIN FALLS ID 83301 1037418 false X WWW.HABITATMAGICVALLEY.ORG X 1991 ID TO BUILD AFFORDABLE HOUSING AND HELP ECONOMICALLY DISADVANTAGED FAMILIES BECOME SUCCESSFUL HOMEOWNERS. 13 13 18 357 0 149869 191499 593274 726105 355 225 59813 104787 803311 1022616 25876 14955 0 289259 392427 0 26721 456985 662850 772120 1070232 31191 -47616 1745636 1748915 57696 108591 1687940 1640324 X TO BUILD AFFORDABLE HOUSING AND HELP ECONOMICALLY DISADVANTAGED FAMILIES BECOME SUCCESSFUL HOMEOWNERS. false false 432892 170000 DURING THE FISCAL YEAR ENDED 6/30/23, HABITAT FOR HUMANITY OF THE MAGIC VALLEY STARTED THE CONSTRUCTION OF TWO HOMES AND COMPLETED ONE HOME. DURING THOSE 12 MONTHS, ONE HOME WAS SOLD TO A QUALIFIED LOW INCOME FAMILY AND TWO HOMES ARE STILL UNDER CONSTRUCTION FOR RESALE AND NOT YET SOLD. THE RELATED CONSTRUCTION COSTS REMAIN IN INVENTORY AS CONSTRUCTION IN PROGRESS. 36364 HABITAT FOR HUMANITY OF THE MAGIC VALLEY RECEIVED, THEN RENOVATED HOUSES UNDER THE NEIGHBORHOOD STABILIZATION PROGRAM THAT UTILIZED A FEDERAL GRANT FROM THE U.S. DEPARTMENT OF HOUSING. ALL OF THE RENOVATED HOUSES WERE THEN SOLD TO QUALIFIED LOW INCOME FAMILIES THROUGH NO-INTEREST LOANS HELD BY THE HABITAT ORGANIZATION. FOR THE 12-MONTHS ENDED 6/30/23, HABITAT RECEIVED MORTGAGE PAYMENTS FROM THOSE QUALIFIED FAMILIES IN THE MAGIC VALLEY. 434149 816252 ALL OTHER PROGRAM SERVICE EXPENSES INCUDE: 1) CONSTRUCTION WORK AND RENOVATION OPERATION EXPENSE. 2) HABITAT INTERNATIONAL TITHE FOR CONSTRUCTION PROJECTS AND FAMILY SUPPORT SERVICES. 3) RESTORE THRIFT STORE PROJECTS AND RELATED PROJECT EXPENSE. 4) PROJECT WAGES AND DIRECT ADMINISTRATIVE PROGRAM RELATED COSTS. 5) FAMILY SUPPORT AND VOLUNTEER COORDINATION. ALL OTHER PROGRAM INCOME INCLUDES: 1) SALE OF HOME MORTGAGES 2) MORTGAGE INTEREST DISCOUNTS AND AMORTIZATION. 3) ALL MORTGAGE LOANS RECEIVABLE OTHER THAN NSP. 4)RESTORE RETAIL OUTLET SALES. 14955 14955 TITHE TO HABITAT INTENATIONAL 14955 14955 881996 true true false false false false false false true false true false false false true false true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 8 0 true 18 true false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true true false ID X X ADKINS & ASSOCIATES CHTD 2087379701 2016 N WASHINGTON STREET STE 3 TWIN FALLS ID 83301 LINDA FLEMING EXECUTIVE DI 50.00 X 70775 0 0 JENNIFER DOTY BOARD MEMBER 5.00 X 0 0 0 GARY FORNSHELL BOARD MEMBER 5.00 X 0 0 0 BRITTANY MANGUM BOARD MEMBER 5.00 X 0 0 0 DOUG ROE BOARD MEMBER 5.00 X 0 0 0 DONAVAN CHRISTENSEN PRESIDENT 10.00 X 0 0 0 JEFF GRIEVE TREASURER 10.00 X 0 0 0 JOEY RICHARDSON SECRETARY 10.00 X 0 0 0 JJ SHAWVER VICE PRESIDE 10.00 X 0 0 0 70775 false false false 191499 191499 THRIFT STORE DONATIONS SOLD 488423 488423 SALE OF HOUSES TO HOMEOWNERS 170000 170000 MORTGAGE DISCOUNT AMORTIZATIO 67682 67682 726105 225 225 119589 14802 104787 1022616 237682 488648 14955 14955 70775 42465 25479 2831 238457 143074 85845 9538 3284 1971 1182 131 42022 25214 15127 1681 37889 22733 13640 1516 977 977 27335 20758 6577 20175 4575 4576 11024 231 115 116 10811 10811 5559 5559 DISCOUNTED MORTGAGE INTER 273807 273807 HOME CONSTRUCTION COSTS 163369 163369 RESTORE THRIFT EXPENSES 114724 114724 DONATED CONSTRUCTION MATE 27208 27208 18654 9681 8973 1070232 881996 161515 26721 492720 287648 1085959 976221 105929 426689 154312 99483 57500 54829 3528 3528 1745636 1748915 33552 71609 12856 15975 11288 21007 57696 108591 X 1104390 1206089 583550 434235 1687940 1640324 1745636 1748915 X -47616 X true X true X true false X 573864 23681 101659 149869 191499 1040572 573864 23681 101659 149869 191499 1040572 1040572 1805 1074 7597 355 225 11056 48068 81571 115073 126289 162809 533810 1585438 1942346 0.65630 0.65360 X PART II, LINE 10 THRIFT STORE RESTORE NET INCOME 533,810 SUPPLEMENTAL INFORMATION OTHER INCOME (LISTED ABOVE) FROM SCHEDULE A, SECTION B, TOTAL SUPPORT IS A FIVE(5) YEAR CUMULATIVE TOTAL. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 154312 99483 54829 54829 ACCRUED WAGES & TAXES 21007 21007 1037418 14802 14802 1022616 1022616 1085034 14802 14802 1070232 1070232 SCHEDULE D, PAGE 2, PART IV, LINE 2B ESCROW & CUSTODIAL ARRANGEMENTS: THE ORGANIZATION SELLS HOMES WITH NO INTEREST TERMS TO QUALIFIED FAMILIES THE ORGANIZATIONS THEN WORKS WITH A LOCAL ESCROW COMPANY TO MANAGE LOAN PAYMENTS AND PROPERTY TAX AND INSURANCE. THE ORGANIZATION'S ACCOUNTING FIRM RECEIVES THE ESCROW PORTION OF THE PAYMENT FROM THE LOCAL ESCROW COMPANY AND PAYS THE TAX AND INSURANCE AS DUE. ANNUAL STATEMENTS OF THE ACCOUNTS ARE PROVIDED TO THE HOMEOWNER. THE HABITAT ORGANIZATION ALONG WITH THE ACCOUNTING FIRM SERVES AS CO-TRUSTEES OF THE ESCROW ACCOUNTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D EXPENSES: NET ON TAX VS. GROSS ON FINANCIALS 14,802 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EVENT EXPENSE:GROSS ON TAX VS NET ON FINANCIAL 14,802 AVENUE FOR HOPE 78771 78771 884 RIM-2-RIM RACE 40818 40818 13918 119589 119589 14802 14802 104787 false HABITAT INTERNATIONAL 121 HABITAT STREET AMERICUS GA 31709 911914868 501(C) 14955 TITHE FOR CONSTRUCTI FORM 990, PAGE 2, PART III, LINE 4D TITHE TO HABITAT INTENATIONAL FORM 990, PAGE 6, PART VI, LINE 11B REVIEW OF FORM 990 PRIOR TO FILING: THE TAX RETURN IS VIEWED BY THE BOARD OF DIRECTORS AT A BOARD MEETING AND COMMENTS ARE NOTED AND CHANGES MADE IF NECESSARY PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C POLICY MONITORING AND ENFORCEMENT: ANNUAL REVIEW OF POLICY AND PROCEDURE BY ALL; TRUSTEES, OFFICERS, DIRECTORS, AND EMPLOYEES. INTERIM REVIEW AS NEEDED WITH NEW HIRE EMPLOYEES, DIRECTORS, OFFICERS, VOLUNTEERS, AND ANY OTHERS DEEMED NECESSARY BY THE EXECUTIVE DIRECTOR AND/OR BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A REVIEW OF PAYROLL AND COMPENSATION: THE ORGANIZATION HAS VARIOUS PAYROLL CONTROL PROCEDURES. 1) THE ORGANIZATION HAS SEPARATION OF DUTIES BETWEEN COMPILING PAYROLL INFORMATION, PREPARING THE ACTUAL PAYROLL, AND THE SIGNING OF PAYROLL CHECKS. 2) THE ORGANIZATION HAS THE BOARD OF DIRECTORS AUTHORIZE PAY RATES AND PAY INCREASES AND SUCH AUTHORIZATION IS DOCUMENTED IN THE MINUTES AT BOARD MEEINGS. 3)THE BOARD OF DIRECTORS ALSO EVALUATE PAYROLL FOR REASONABLENESS IN TERMS OF WORK PERFORMED, BUDGETARY RESTRICTIONS, AND SIMILAR ORGANIZATIONAL CONSIDERATIONS. FORM 990, PAGE 6, PART VI, LINE 15B REVIEW OF PAYROLL AND COMPENSATION: THE ORGANIZATION HAS VARIOUS PAYROLL CONTROL PROCEDURES.1) THE ORGANIZATION HAS SEPARATION OF DUTIES BETWEEN COMPILING PAYROLL INFORMATION, PREPARING THE ACTUAL PAYROLL, AND THE SIGNING OF PAYROLL CHECKS. 2) THE ORGANIZATION HAS THE BOARD OF DIRECTORS AUTHORIZE PAY RATES AND PAY INCREASES AND SUCH AUTHORIZATION IS DOCUMENTED IN THE MINUTES AT BOARD MEETINGS. 3)THE BOARD OF DIRECTORS ALSO EVALUATE PAYROLL FOR REASONABLENESS IN TERMS OF WORK PERFORMED, BUDGETARY RESTRICTIONS, AND SIMILAR ORGANIZATIONAL CONSIDERATIONS. FORM 990, PAGE 6, PART VI, LINE 19 INFORMATION AVAILABLE TO THE PUBLIC: THE ORGANIZATIONS GOVERNING DOCUMENTS, POLICY, FINANCIAL STATEMENTS, AND TAX RETURN (OTHER THAN SCHEDULE-B) ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE. THE TAX RETURN IS ALSO AVAILABLE ON THE INTERNET AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9 EXPENSES: NET ON TAX VS. GROSS ON FINANCIALS 14,802 FUNDRAISING EVENT EXPENSE:GROSS ON TAX VS NET ON FINANCIAL -14,802