2024-11-07T15:16:41-08:00 2023-12-31 810390489 Boyle Deveny & Meyer PC 305 South 4th East Suite 200 Missoula MT 59801 990 2023-01-01 810467791 HABITAT FOR HUMANITY MISSOULA INC HABI 4065498210 PO BOX 7181 MISSOULA MT 59807 TOR GUDMUNDSSON Executive Dir. 2024-11-07 true true JUSTIN MEIDINGER CPA P02363254 4067213555 2023 2024-10-15 13:58:12Z PO BOX 7181 MISSOULA MT 598077181 1126351 false X WWW.HABITATMSLA.COM X 1991 MT TO CREATE AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES. CONSTRUCTED TWO SINGLE FAMILY HOMES USING MORE THAN 400 VOLUNTEERS WORKING OVER 13,000 HOURS. 10 10 16 600 0 2384707 457756 253051 385949 5 64475 181193 195664 2818956 1103844 7500 2500 0 506818 686086 0 135153 621649 770022 1135967 1458608 1682989 -354764 4279783 4069719 361558 506258 3918225 3563461 X HABITAT FOR HUMANITY OF MISSOULA IS A NONPROFIT, ECUMENICAL, CHRISTIAN HOUSING MINISTRY DEDICATED TO THE ELIMINATION OF POVERTY HOUSING IN OUR COMMUNITY AND THROUGHOUT THE WORLD. false false 508641 626302 CONSTRUCTION COSTS: HABITAT MISSOULA COMPLETED CONSTRUCTION ON TWO HOMES DURING 2023, OUR 61ST AND 62ND. CONSTRUCTION COSTS INCLUDE PURCHASED AND DONATED MATERIALS, PURCHASED AND DONATED PROFESSIONAL SERVICES, AND THE COST OF A SITE SUPERVISOR. CONSTRUCTION COSTS DO NOT INCLUDED DONATED LABOR FOR MORE THAN 600 VOLUNTEERS WORKING ON SITE DURING THE CONSTRUCTION SEASON. THE OFFSETTING REVENUE IS FROM THE SALE OF THE HOME TO A LOW-INCOME FAMILY. SECOND MORTGAGES, WHICH REPRESENT THE DIFFERENCE BETWEEN THE COSTS OF HOMES AND THEIR FAIR MARKET VALUES AT CLOSING, ARE NOT INCLUDED IN THE HOUSE SALE REVENUE. AS THE SECOND MORTGAGES ARE CONTINGENT RECEIVABLES, FAS 5, #83 REQUIRES THAT THE SECOND MORTGAGES ARE RECORDED ONLY IF AND WHEN THEY BECOME COLLECTIBLE. IF THE PARTNER FAMILIY HOLDS ONTO THE HOME LONG ENOUGH, THE SILENT MORTGAGE WILL BE FORGIVEN. 345571 151517 OTHER PROGRAM SERVICE EXPENSES OF $345,570 AND REVENUE OF $151,517 ARE THE PROGRAM RELATED EXPENSES AND REVENUE THAT ARE NOT INCLUDED IN THE CONSTRUCTION COSTS OR MORTGAGE DISCOUNT EXPENSES. THESE EXPENSES ARE CRUCIAL FOR THE MISSION AND GOALS OF THE ORGANIZATION. SEE PART IX FOR A BREAKDOWN OF THESE EXPENSES. THE REVENUE IS RENTAL INCOME OF $18,790 AND PRIVATE GRANTS OF $132,727.RENTAL INCOME IS THE RESULT OF RENTAL OF PURCHASED LAND TO TENANTS AT AFFORDABLE RATES. THIS IS LAND THAT THE ORGANIZATION HAS PLANS TO BUILD ON IN LATER YEARS, BUT DOES NOT CURRENTLY HAVE THE FUNDING TO BEGIN CONSTRUCTION ON. 220254 193327 HABITAT RESTORE OPERATIONS FOR 2023 RESULTED $193,327 IN SALES AND $220,254 IN EXPENSES FOR NET LOSS OF $26,927. 85746 1074466 true true false false false false false false false false true false false true true false true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 12 0 true 16 true false false false false false false false 0 false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false X X TOR GUDMUNDSSON 4065498210 3655 MT-200 E MISSOULA MT 59802 X HEATHER HARP EXECUTIVE DIRECTOR 40.00 0.00 82884 0 0 MEGAN ROBSON Director 1.00 0.00 X 0 0 0 MATT JOSEPH Director 1.00 0.00 X 0 0 0 DAVID BOOTH Director 1.00 0.00 X 0 0 0 MATT ROSBARSKY Director 1.00 0.00 X 0 0 0 MIRIAM RICHMOND President 3.00 0.00 X X 0 0 0 PAMELA BISHOP Director 1.00 0.00 X 0 0 0 JUSTIN MEIDINGER Treasurer 2.00 0.00 X X 0 0 0 CORY CREMER Director 1.00 0.00 X 0 0 0 TOM FACEY Secretary 2.00 0.00 X X 0 0 0 MATT SCHMIDT Vice President 2.00 0.00 X X 0 0 0 82884 0 false false false 0 77227 380529 13593 457756 HOUSE SALES 282483 282483 MORTGAGE DISCOUNT AMORTIZ 84676 84676 RENTAL INCOME 18790 18790 385949 64475 64464 11 0 0 0 0 23774 22507 1267 0 0 MORTGAGE PAYMENT LATE FEE 531390 1070 1070 RESTORE SALES 453000 193327 193327 194397 1103844 644810 11 2500 2500 0 0 0 82884 33154 33153 16577 0 478241 320540 59497 98204 0 70706 52454 18252 54255 43438 10817 0 0 0 0 0 4733 4733 63198 150 63048 8059 290 870 6899 41675 7343 34286 46 0 0 53018 36009 17009 2720 471 2249 0 7030 225 6480 325 24189 22930 1259 0 2660 2660 23765 13798 9931 36 CONSTRUCTION COSTS 508641 508641 COGS 21170 21170 REPAIRS & MAINTENANCE 9164 9164 0 1458608 1074466 248989 135153 191017 238357 0 0 0 0 0 708701 669417 520457 3423 0 2284838 17964 2345067 2266874 494716 524950 0 0 0 19825 366698 4279783 4069719 42681 12227 299052 398821 19825 95210 361558 506258 X 3646886 3547081 271339 16380 3918225 3563461 4279783 4069719 -354764 X false true X true false X 284470 341939 663829 2385481 459023 4134742 0 0 284470 341939 663829 2385481 459023 4134742 14469 4120273 860 3 74 5 11 953 0 0 4135695 2659615 0.99630 0.99490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2235731 2235731 12924 9437 3487 34913 7257 27656 1270 1270 2266874 CONSTRUCTION IN PROGRESS 314894 DEPOSIT 850 RIGHT OF USE ASSET 50954 366698 ACCRUED PAYROLL 42827 DOWN PAYMENTS ON PREPAID MORTGAGES 1000 LEASE LIABILITY 51383 95210 1099111 1099111 4733 4733 1103844 1453875 1453875 4733 4733 1458608 X false BUILDERS BANQUET 23774 23774 22507 23774 23774 22507 22507 1267 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: HABITAT RESTORE OPERATIONS FOR 2023 RESULTED $193,327 IN SALES AND $220,254 IN EXPENSES FOR NET LOSS OF $26,927. Form 990, Part VI, Section B, Line 11b A COPY OF THE COMPLETED FORM 990 WAS MADE AVAILABLE TO BOARD MEMBERS VIA EMAIL. Form 990, Part VI, Section B, Line 12c DIRECTORS WITH AN INTEREST IN ANY TRANSACTION OR CONTRACT PRESENTED TO THE BOARD OR ANY COMMITTEE ARE REQUIRED TO MAKE A PROMPT AND FULL DISCLOSURE OF THEIR INTEREST. POTENTIAL CONFLICTS ARE DISCUSSED AT THE TIME A CONTRACT OR OTHER TRANSACTION IS BROUGHT BEFORE THE BOARD. FAILURE TO DISCLOSE SUCH AN INTEREST COULD RESULT IN THE MEMBER BEING REMOVED FROM THE BOARD. Form 990, Part VI, Section B, Line 15a COMPENSATION IS DETERMINED BASED UPON COMPENSATION REVIEWS OF COMPARABLE POSITIONS AT SIMILAR NONPROFIT ORGANIZATIONS IN WESTERN MONTANA, AND THE INITIAL HIRING AND COMPENSATION AND SUBSEQUENT RAISES ARE APPROVED BY THE BOARD OF DIRECTORS. BOARD MINUTES INCLUDE ALL ACTIONS BROUGHT BEFORE THE BOARD IN ITS MONTHLY MEETINGS, INCLUDING VOTES ON PERSONNEL ISSUES SUCH AS COMPENSATION AND PERFORMANCE. Form 990, Part VI, Section B, Line 15b FOR OTHER KEY EMPLOYEES, THE EXECUTIVE DIRECTOR RECOMMENDS A SALARY FOR A PROSPECTIVE EMPLOYEE OR CURRENT EMPLOYEE AND THE COMPENSATION ARRANGEMENT IS FORWARDED TO THE BOARD FOR THEIR REVIEW AND FINAL APPROVAL. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.