2024-10-31T08:59:37-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 4150 2ND STREET SOUTH SUITE 400 ST CLOUD MN 56301 990 2023-07-01 411634218 CENTRAL MINNESOTA HABITAT FOR HUMANITY CENT 3206568890 3335 W ST GERMAIN ST 108 ST CLOUD MN 56301 DAVID FERIANCEK PRESIDENT 3206568890 2024-10-28 1 0 JASON NEUMANN CPA P01690179 3202035500 2024-10-28 2023 2024-10-15 13:58:12Z DAVID FERIANCEK 3335 W ST GERMAIN ST 108 ST CLOUD MN 56301 1258620 0 8545 X WWW.CMHFH.ORG X 1988 MN GATHERING COMMUNITIES TO TRANSFORM LIVES THROUGH AFFORDABLE HOMEOWNERSHIP. 13 13 13 295 0 0 644142 730107 970792 298089 211720 230174 -9184 -9573 1817470 1248797 1000 1000 0 0 547008 460434 0 0 124432 1966261 869463 2514269 1330897 -696799 -82100 3907229 4529015 2338149 3042035 1569080 1486980 X SEEKING TO PUT GOD'S LOVE INTO ACTION, CENTRAL MINNESOTA 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. CENTRAL MINNESOTA HABITAT FOR HUMANITY 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 0 1018633 1000 528263 PEOPLE 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 INHABITANTS' 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 CLIENTS TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITION THAT FREE PEOPLE 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, PEOPLE 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. 1018633 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 13 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X MARIE GERTKEN 3206568890 3335 W ST GERMAIN ST 108 ST CLOUD MN 56301 CHAD BOULEY EXECUTIVE DIRECTOR 40.00 X 43196 0 1011 TODD ZAUN PRESIDENT 1.00 X X 0 0 0 AYAN OMAR VICE-PRESIDENT 1.00 X X 0 0 0 SCOTT SHOSTED TREASURER 1.00 X X 0 0 0 CHAD PETERSON SECRETARY 1.00 X X 0 0 0 MICHAELA BARRETT MEMBER 1.00 X 0 0 0 TERRYLL BENIEK MEMBER 1.00 X 0 0 0 EMILY BEZDICEK MEMBER 1.00 X 0 0 0 MARK BRANSON MEMBER 1.00 X 0 0 0 VINCE DROBNIAK MEMBER 1.00 X 0 0 0 BRENDA EISENSCHENK MEMBER 1.00 X 0 0 0 DAVID FERIANCEK MEMBER 1.00 X 0 0 0 DOREEN MEIER MEMBER 1.00 X 0 0 0 FRED SANDAL MEMBER 1.00 X 0 0 0 43196 0 1011 1 0 0 0 0 80533 649574 9127 730107 HOME SALES 531390 298089 298089 298089 230174 230174 250 80533 9823 -9573 -9573 1248797 528263 0 -9573 1000 1000 129408 64704 45293 19411 281754 204325 64762 12667 8069 5326 1452 1291 41203 27194 7417 6592 18542 11125 4636 2781 32553 19532 4883 8138 11907 5899 6008 11731 7039 1760 2932 41339 24803 6201 10335 56732 34039 8510 14183 1153 692 173 288 434 260 65 109 67582 40549 10137 16896 8030 4818 1204 2008 55250 33150 8287 13813 COST OF HOMES 307298 307298 MORTGAGE DISCOUNT EXPEN 214579 214579 PROVISION FOR LOAN LOSS 21831 21831 LICENSES AND FEES 15600 9360 485 5755 4902 2941 736 1225 1330897 1018633 187832 124432 65470 717444 66342 36975 24733 57593 29971 30000 2553702 2515452 2996 4045 19827 12061 73272 45020 36282 28252 1107906 1127193 3907229 4529015 82536 225471 176532 143657 2079081 2672907 2338149 3042035 X 1512098 1385912 56982 101068 1569080 1486980 3907229 4529015 -82100 0 X 0 1 X 1 0 X 625379 919885 1044395 644142 730107 3963908 625379 919885 1044395 644142 730107 3963908 292017 3671891 232824 243570 223766 255548 230174 1185882 5149790 2971576 0.71300 0.67350 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 73272 45020 28252 28252 LAND AVAILABLE FOR USE AND HOME CONSTRUCTION IN PROGRESS 973044 RIGHT-OF-USE ASSETS 154149 1127193 X 1277157 18537 18537 1258620 -9823 -9823 1248797 1359257 18537 9823 28360 1330897 0 1330897 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS ESCROW BALANCES ON BEHALF OF HOMEOWNERS. PART X, LINE 2: CENTRAL MINNESOTA HABITAT FOR HUMANITY QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO EXPENSE HAS BEEN RECOGNIZED FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION AND CONTRIBUTIONS TO THE ORGANIZATION QUALIFY AS CHARITABLE DEDUCTIONS BY THE CONTRIBUTOR. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUNDRAISING ACTIVITIES -9,823. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF FUNDRAISING ACTIVITIES 9,823. BREAKFAST FOR HUMANITY 80783 80533 250 2311 6000 1512 80783 80533 250 2311 6000 1512 9823 -9573 X TOOLS BUILDING SUPPLIES 4 7081 FAIR MARKET VALUE X FOOD 3 2046 FAIR MARKET VALUE 0 1 1 PART I, LINE 32B: THE ORGANIZATION USES A REALTOR TO SELL LAND FROM TIME TO TIME. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTANT WITH THE ASSISTANCE OF THE ORGANIZATION'S PERSONNEL. ONCE COMPLETE, COPIES OF THE 990 ARE GIVEN TO THE BOARD MEMBERS FOR THEIR INDIVIDUAL REVIEW. IT IS THEN PRESENTED AND DISCUSSED AT A BOARD MEETING. ONCE IT IS APPROVED, IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REIVEWS THE POLICY DURING THE ANNUAL MEETING, MEMBERS THEN DELIVER FORMS TO THE EXECUTIVE DIRECTOR FOR REVIEW AND DISCUSSION WITH THE BOARD PRESIDENT OF ANY IDENTIFIED CONFLICTS. IF A CONFLICT EXISTS, THE BOARD MEMBER MUST ABSTAIN FROM VOTES RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CONSULTS WITH THE MNCN SALARY GUIDE AND THE HFHI SALARY GUIDE. THE COMPARABILITY DATA IS REVIEWED BY THE EXECUTIVE DIRECTOR AND DISCUSSED WITH THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE AND UPON REQUEST.