2024-01-16T09:59:12-06:00 2023-06-30 810386935 SUMMERS MCNEA & CO PC 15 AVANTA WAY SUITE 1 BILLINGS MT 59102 990 2022-07-01 810477610 HABITAT FOR HUMANITY MID YELLOWSTONE VALLEY HABI 4066520960 685 KING PARK DRIVE BILLINGS MT 59102 JIM WOOLYHAND EXECUTIVE DIRECTOR 4066520960 2024-01-15 1 JIM WOOLYHAND 999009999 1 BRIAN F VAN STEELAND P00481262 4066522320 2024-01-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JIM WOOLYHAND 685 KING PARK DRIVE BILLINGS MT 59102 2107189 0 X WWW.BILLINGSHABITAT.ORG X 1992 MT HABITAT FOR HUMANITY MID YELLOWSTONE VALLEY IS A NON-PROFIT CHRISTIAN MINISTRY THAT BUILDS HOUSES IN PARTNERSHIP WITH LOW-INCOME FAMILIES IN NEED. THE HOMES ARE BUILT WITH DONATED AND PURCHASED MATERIALS AND LABOR AND THEN SOLD TO THE FAMILIES AT NO PROFIT AND WITH EITHER A NON-INTEREST-BEARING MORTGAGE HELD BY THE ORGANIZATION OR ALTERNATIVE, UNRELATED LOW-INCOME FUNDING SOURCES. IN ADDITION, A RESTORE RETAIL OPERATION IS CONDUCTED WHEREIN DONATED BUILDING MATERIALS ARE SOLD TO THE GENERAL PUBLIC. THE ORGANIZATION IS A LOCAL AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL (HFHI). 15 15 15 100 0 0 295125 326563 467975 359376 33632 16008 1023016 1085125 1819748 1787072 0 0 0 0 591867 683653 0 0 98436 1279390 1065569 1871257 1749222 -51509 37850 5066633 5038638 1917239 1831106 3149394 3207532 X SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. 0 0 1000410 359376 PROVIDING LOW-INCOME FAMILIES WITH THE ABILITY TO OWN THEIR OWN HOME THROUGH ASSISTANCE AND SWEAT EQUITY ON THE PART OF FAMILIES AND THROUGH NO-INTEREST LOANS. COMPLETED 2 HOMES THAT WERE TRANSFERRED TO THE NEW HOMEOWNERS, PRELIMINARY WORK BEGAN ON 1 OTHER HOME. ORGANIZATION ACQUIRED AND ARE IN THE PROCESS OF DEVELOPING SEVERAL VACANT LOTS THAT WILL BE USED FOR FUTURE HOME SITES. 620163 964870 RECEIVING DONATED BUILDING MATERIALS AND SELLING THOSE ITEMS TO THE GENERAL PUBLIC THROUGH THE RESTORE THRIFT STORE. EXCESS REVENUE OVER EXPENSES ARE GENERATED TO FUND THE ORGANIZATION'S HOME BUILDING EFFORTS. 3280 OTHER MISC PROGRAM REVENUE 3280 1620573 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 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 6 0 1 15 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X THE ORGANIZATION 4066520960 685 KING PARK DRIVE BILLINGS MT 59102 NICHOLAS HECIMOVIC TREASURER 5.00 X X 0 0 0 JEFF MCGOUGH PAST PRESIDENT 5.00 X 0 0 0 DEDE STONER DIRECTOR 2.00 X 0 0 0 MIKE BERVE DIRECTOR 2.00 X 0 0 0 BRANDON ROBERTS DIRECTOR 2.00 X 0 0 0 JAMES KLANKE DIRECTOR 2.00 X 0 0 0 JOE LIEROW SECRETARY 2.00 X X 0 0 0 JOHN DAUBERT PRESIDENT 2.00 X X 0 0 0 ALICIA DONOVAN DIRECTOR 2.00 X 0 0 0 BRIAN HAFNER DIRECTOR 2.00 X 0 0 0 JAKE BROSOVICH DIRECTOR 2.00 X 0 0 0 ERICA JOHNSON DIRECTOR 2.00 X 0 0 0 MATT METTLER DIRECTOR 2.00 X 0 0 0 COLE REINHARDT DIRECTOR 2.00 X 0 0 0 STEVE TUCKER DIRECTOR 2.00 X 0 0 0 JAMES R WOOLYHAND EXECUTIVE DIRECTOR 40.00 X 83710 0 19103 83710 0 19103 0 0 0 0 0 326563 33158 326563 SALES TO HOMEOWNERS 236000 306708 306708 MORTGAGE DISCOUNT AMORTIZATION 236000 52668 52668 359376 16008 16008 179130 62155 116975 116975 1222833 257962 964871 964871 MISC REVENUE 900099 3279 3279 3279 1787072 1327526 0 132983 83711 70317 4186 9208 455521 384105 18859 52557 13556 11058 654 1844 87957 67976 4742 15239 42908 37513 1519 3876 18500 18500 35904 34653 51 1200 27663 24266 3397 22810 13823 8987 17811 17640 171 83600 83600 54536 54536 57314 56876 136 302 COST OF HOMES SOLD 421138 421138 CONTRACTED SERVICES 166517 166517 UTILITIES 40007 40007 REPAIRS AND MAINTENANCE 28288 28187 66 35 91481 89861 1620 1749222 1620573 30213 98436 -73394 -39902 510378 537079 672656 570561 1412696 1210457 21522 12416 2384452 300591 2138397 2083861 384378 664166 5066633 5038638 127244 115399 1786285 1714485 3710 1222 1917239 1831106 X 2935332 3028470 214062 179062 3149394 3207532 5066633 5038638 37850 20288 0 X X 0 1 X 1 0 X 322808 177063 409878 295125 330462 1535336 322808 177063 409878 295125 330462 1535336 1535336 25492 17741 12871 33632 16008 105744 1641080 7221609 0.93560 0.93550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 341200 19823 361023 396601 -55401 341200 303414 93187 396601 295000 8414 303414 301734 -6734 295000 0 0 507000 507000 1751683 197112 1554571 125769 103479 22290 2083861 HOMEBUYER DEPOSITS 1222 1222 X 1873415 20288 3900 62155 86343 1787072 0 1787072 1815277 3900 62155 66055 1749222 0 1749222 PART V, LINE 4: PERMANENT ENDOWMENT FUNDS, THE EARNINGS OF WHICH CAN BE USED FOR THE ORGANIZATION'S EXEMPT PURPOSE PART X, LINE 2: THE FOLLOWING NOTE IS INCLUDED IN THE ORGANIZATION'S FINANCIAL STATEMENTS: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). MANAGEMENT HAS ASSESSED THE TAX POSITIONS IT HAS TAKEN AND DOES NOT BELIEVE THERE ARE ANY UNCERTAINTIES WITH RESPECT TO THOSE POSITIONS. THE ORGANIZATION HAS NOT INCURRED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AND, THEREFORE, CURRENTLY HAS NO POLICY FOR CLASSIFICATION OF THOSE AMOUNTS. THE TAX YEARS OF JUNE 30, 2020 THROUGH 2023 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES INCLUDED IN EXPENSES IN FINANCIAL STATEMENTS 62,155. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS INCLUDED IN PART VII 62,155. ANNUAL DINNER AND SILENT AUCTION 97638 97638 55240 GOLF TOURNAMENT 4674 4674 2 76818 76818 6915 179130 179130 62155 62155 116975 X BUILDING MATERIALS 0 33157 RETAIL VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE FINANCE COMMITTEE IN DRAFT FORM FOR REVIEW. ONCE REVIEW AND CHANGES, IF ANY, ARE MADE, THE BOARD REVIEWS AND AUTHORIZES THE EXECUTIVE DIRECTOR TO SIGN AND FILE THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EXECUTIVE DIRECTOR MONITORS, ON AN ON-GOING BASIS, ANY TRANSACTION THAT MAY RESULT IN A CONFLICT OF INTEREST AND WOULD REPORT TO THE FULL BOARD SHOULD ONE OCCUR. FORM 990, PART VI, SECTION B, LINE 15A THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS EVALUATES THE EXECUTIVE DIRECTOR ON AT LEAST AN ANNUAL BASIS AND MAKES A RECOMMENDATION TO THE FULL BOARD WHICH THEN VOTES ON THE RECOMMENDATION FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL REPORTS, AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE LOCATED AT 685 KING PARK DR., BILLINGS, MT, 59102. THE STATEMENT OF FINANCIAL POSITION AND STATEMENT OF ACTIVITIES IS PRINTED IN THE ORGANIZATION'S ANNUAL REPORT WHICH IS DISTRBUTED THROUGHOUT THE COMMUNITY. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PART I REVENUE, NET ASSETS, PART X FOR PRIOR YEAR THE PRIOR YEAR AUDITED FINANCIAL STATEMENTS WERE CORRECTED FOR AN ERROR. THE PRIOR YEAR AMOUNTS ON THIS RETURN HAVE BEEN ADJUSTED TO ACCOUNT FOR THIS ERROR THAT WAS CORRECTED.