2024-05-10T14:43:01-05:00 2023-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2022-07-01 541816368 BLUE RIDGE HABITAT FOR HUMANITY INC BLUE 5406627066 PO BOX 1653 WINCHESTER VA 22604 KIM HERBSTRITT EXECUTIVE DIRECTOR 5406627066 2024-05-10 1 KIM HERBSTRITT 999009999 1 CHRIS FRYE CPA P01068721 5406623417 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIM HERBSTRITT PO BOX 1653 WINCHESTER VA 22604 3943722 0 X HTTPS://BLUERIDGEHABITAT.ORG/ X 1997 VA 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. BLUE RIDGE 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. 12 12 15 362 0 0 608381 829882 1647716 2405882 262063 -140314 36754 48897 2554914 3144347 0 0 0 0 419114 497149 0 0 85490 1943652 2694388 2362766 3191537 192148 -47190 4941216 7617479 295512 2997738 4645704 4619741 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. BLUE RIDGE 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 1616839 1218605 HOME CONSTRUCTION/HOMEOWNER PROGRAM: BLUE RIDGE HABITAT FOR HUMANITY (BRHFH) PROVIDES DECENT, AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES EARNING BETWEEN 30% - 80% OF THE ANNUAL AREA MEDIAN INCOME (AMI) DEFINED BY HUD. ENSURING THAT PARTNER FAMILY MORTGAGE PAYMENTS ARE CAPPED AT 29% OF GROSS ANNUAL INCOME, BRHFH SAFEGUARDS AGAINST COST BURDENS. AS AN AWARD-WINNING AFFORDABLE HOUSING BUILDER, BRHFH FOCUSES ON CONSTRUCTING QUALITY, DURABLE, AND WELL-DESIGNED HOMES, MAKING THEM NOT ONLY AFFORDABLE TO BUY BUT ALSO TO MAINTAIN IN THE LONG TERM. THROUGH THOUGHTFUL DESIGN, BRHFH TAKES PRIDE IN CREATING ENERGY-EFFICIENT, SUSTAINABLE, AND DURABLE HOMES. DESPITE THE STEADY INCREASE IN CONSTRUCTION COSTS, BRHFH UTILIZES GRANT AND DONOR FUNDING TO UNDERWRITE HOME SALE PRICES FOR PARTNER FAMILIES. THE NATIONWIDE RISE IN HOME PRICES OVER THE PAST YEAR HAS LED TO MORE LOW-TO-MODERATE INCOME FAMILIES BEING PRICED OUT OF THE HOMEOWNERSHIP MARKET. LEVERAGING FUNDS RAISED THROUGH DONATIONS AND GRANTS, BRHFH ADDRESSES THIS CHALLENGE BY OFFERING AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES TO FAMILIES FACING LIMITED HOUSING OPTIONS IN AN INCREASINGLY DIFFICULT MARKET. BRHFH'S HOMEOWNERSHIP PROGRAM EMPOWERS FAMILIES TO ENHANCE THEIR LIVING CONDITIONS, INVEST IN THEIR COMMUNITY, AND CREATE FUTURE GROWTH OPPORTUNITIES. SINCE ITS ESTABLISHMENT IN 1997, BRHFH HAS SERVED A TOTAL OF 87 FAMILIES, INCLUDING 3 FAMILIES AND CONTINUED CONSTRUCTION ON 5 OTHER HOMES. CURRENTLY MANAGING APPROXIMATELY $1 MILLION IN PROJECTS WITH 3 HOMES IN STRASBURG, VA, AND 2 OF THE 5 HOMES AT THE NORRIS VILLAGE SITE IN WINCHESTER, VA. THIS COMMITMENT RESONATES WITH THE ORGANIZATION'S DEDICATION TO MAKING A LASTING IMPACT ON WORKING FAMILIES AND THE COMMUNITY. 269196 19002 HOME REPAIR PROGRAM: BRHFH'S HOME PRESERVATION/REPAIR PROGRAM IS DEDICATED TO CRITICAL HOME REPAIRS FOR LOW-INCOME HOMEOWNERS, SPECIFICALLY VETERANS AND SENIORS, FACING CHALLENGES IN MAINTAINING THEIR HOMES DUE TO AGE, DISABILITY, OR FAMILY CIRCUMSTANCES. THE PROGRAM FOCUSES ON INTERIOR AND EXTERIOR REPAIRS DESIGNED TO ADDRESS CRITICAL HEALTH AND SAFETY ISSUES. EXAMPLES OF THESE REPAIRS INCLUDE REPAIRING AND REPLACING LEAKY ROOFS, SAFETY, AND ACCESSIBILITY, FIXING PORCH AND DOOR ENTRYWAYS, AND INSTALLING RAMPS FOR ENHANCED ACCESSIBILITY. TO ACHIEVE ITS MISSION, BRHFH COLLABORATES WITH VOLUNTEERS, LOCAL SUBCONTRACTORS, AND OTHER NON-PROFIT ORGANIZATIONS, POOLING RESOURCES TO COMPLETE REPAIRS THAT SUPPORT FAMILIES TO AGE IN PLACE IN THEIR HOMES. IN FISCAL YEAR 2023, BRHFH SUCCESSFULLY SERVED 35 FAMILIES THROUGH ITS HOME PRESERVATION/REPAIR PROGRAM. THIS REFLECTS BRHFH'S ONGOING COMMITMENT TO SUPPORTING VULNERABLE HOMEOWNERS AND CREATING SAFER, MORE SUSTAINABLE LIVING ENVIRONMENTS. 472363 528269 WINCHESTER RESTORE: THE RESTORE PLAYS A PIVOTAL ROLE IN ADVANCING THE MISSION OF BRHFH BY OFFERING DONATED GOODS TO THE COMMUNITY AT REDUCED PRICES. THE FUNDS GENERATED FROM THE SALE OF DONATED ITEMS DIRECTLY CONTRIBUTE TO PROVIDING AFFORDABLE HOUSING TO LOW-INCOME FAMILIES. NOT ONLY DOES THE RESTORE PROGRAM CONTRIBUTE FINANCIALLY, BUT IT ALSO MAKES A TANGIBLE DIFFERENCE IN ENVIRONMENTAL SUSTAINABILITY. IN FY23, IT KEPT 322,000 LBS OF WASTE OUT OF LANDFILLS, PROVIDED LOCAL EMPLOYMENT AND VOLUNTEER OPPORTUNITIES AND SUPPLIED AFFORDABLE HOME GOODS TO OVER 18,000 CUSTOMERS COMMITTED TO SUSTAINABLE SHOPPING IN OUR LOCAL COMMUNITY. IT'S IMPORTANT TO NOTE THAT FOR EVERY DOLLAR SPENT IN THE RESTORE, $1.70 IS INJECTED BACK INTO THE LOCAL COMMUNITY, BOTH DIRECTLY AND INDIRECTLY. YOUR GENEROUS DONATION WOULD NOT ONLY SUPPORT OUR MISSION OF AFFORDABLE HOUSING BUT ALSO CONTRIBUTE TO THE BROADER WELL-BEING AND SUSTAINABILITY OF OUR COMMUNITY. JOIN US IN MAKING A LASTING IMPACT AND TRANSFORMING LIVES. 588530 640006 OTHER PROGRAM SERVICES: BRHFH RECOGNIZES THE STRATEGIC IMPORTANCE OF A DIVERSE ARRAY OF PROGRAMS REQUIRED TO IMPACT THE MISSION. WITH A PRIMARY FOCUS ON AFFORDABLE HOUSING OPPORTUNITIES, BRHFH HAS STRATEGICALLY INVESTED IN THE FOLLOWING PROGRAMS: THE ORGANIZATION MANAGES AND SERVICES A MORTGAGE PORTFOLIO COMPRISING 50 ACTIVE MORTGAGES. THESE NON-INTEREST MORTGAGES ARE HELD BY INDIVIDUALS WHO HAVE SUCCESSFULLY COMPLETED OUR HOMEOWNER PROGRAM. MORTGAGE HOLDERS UNDERGO COMPREHENSIVE FINANCIAL EDUCATION, HOUSING COUNSELING CLASSES, AND OTHER SESSIONS BEFORE FINALIZING THE PURCHASE OF THEIR HOMES. PRIOR TO QUALIFYING FOR HOMEOWNERSHIP, EACH MORTGAGE HOLDER DEDICATES UP TO 250 SWEAT EQUITY HOURS TO THE HABITAT FOR HUMANITY HOMEOWNERSHIP PROGRAM. ADDITIONALLY, BRHFH CURRENTLY OWNS AND MANAGES 6 RENTAL UNITS, OFFERING BELOW-MARKET RATES TO QUALIFIED TENANTS. THE ACQUISITION OF THESE UNITS IS PART OF THE ORGANIZATION'S COMMITMENT TO PRESERVING AFFORDABLE RENTALS IN TARGETED NEIGHBORHOODS AND COMMUNITIES. 588530 640006 2946928 1 1 0 0 0 0 0 0 0 0 1 0 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 0 0 0 1 0 0 0 0 1 16 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X THE ORGANIZATION 5406627066 PO BOX 1653 WINCHESTER VA 22604 HARRY NEIDIG III DIRECTOR 10.00 X 0 0 0 TERRI HIRST PRESIDENT 10.00 X X 0 0 0 CARY KIMBLE SECRETARY 10.00 X X 0 0 0 RACHAEL HITE VICE PRESIDENT 10.00 X X 0 0 0 TAMARA GREEN DIRECTOR 10.00 X 0 0 0 WENDY CONNER DIRECTOR 10.00 X 0 0 0 MICHAEL PACKARD IMMEDIATE PAST PRESIDENT 10.00 X X 0 0 0 MILLIE KETRON TREASURER 10.00 X X 0 0 0 HEATHER ARNOLD DIRECTOR 10.00 X 0 0 0 GREG BOWMAN DIRECTOR 10.00 X 0 0 0 AUDRA GOLLENBERG PHD DIRECTOR 10.00 X 0 0 0 TONY LANDA DIRECTOR 10.00 X 0 0 0 KIM HERBSTRITT EXECUTIVE DIRECTOR 40.00 X 79452 0 12578 79452 0 12578 0 0 0 0 FROGALE LUMBER SUPPLY 119 ARBOR CT WINCHESTER VA 22602 CONSTRUCTION 256154 PRO-FINISH PAINTING & HOME IMPROVEMENTS 101 BLACKBURNS FORD DRIVE STEPHENS CITY VA 22655 GENERAL CONTRACTOR 250004 JD CONCRETE CONSTRUCTION LLC 118 COUNTRY CLUB CIRCLE WINCHESTER VA 22602 CONSTRUCTION 109881 3 107462 597402 125018 829882 HOME SALES 531390 1218605 1218605 MORTGAGE DISCOUNT AMORTIZATION 522292 554130 554130 RESTORE SALES 459510 528269 528269 RENTAL INCOME 531110 85876 85876 HOME REPAIR 811000 19002 19002 2405882 8655 8655 603205 752174 -148969 -148969 -148969 94403 47201 47202 47202 MISCELLANEOUS INCOME 624200 1695 1695 1695 3144347 2405882 0 -91417 X 76132 50755 16918 8459 385736 308584 33467 43685 35281 23546 8397 3338 27020 27020 5636 1866 18 3752 8261 7019 1090 152 7572 1006 4292 2274 41269 25867 7866 7536 771 771 7053 1154 5800 99 7500 7500 51583 12896 25791 12896 30110 18469 9701 1940 HOUSING CONSTRUCTION, R 1949962 1949962 RESTORE COSTS OF GOODS 472363 472363 PROFESSIONAL SERVICES 38070 33596 4328 146 DUES AND LICENSES 11208 7723 3485 36010 23851 10946 1213 3191537 2946928 159119 85490 676759 1432610 100975 126534 6250 1523911 1133075 1042947 872451 15392 21959 4090033 316887 1163138 3773146 7842 8049 330088 191424 54605 77540 4941216 7617479 143005 52852 0 2252500 37201 117238 115306 575148 295512 2997738 X 4633565 4593897 12139 25844 4645704 4619741 4941216 7617479 X -47190 16762 4465 X X 0 1 X 1 0 X 313662 258679 750025 608381 829882 2760629 313662 258679 750025 608381 829882 2760629 2760629 11719 1190 5287 1227 8655 28078 553 1003 3602 1695 6853 2795560 9159639 0.98750 0.98670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 513505 513505 2147143 2147143 52660 48285 4375 187547 149840 37707 1189178 118762 1070416 3773146 HOMEOWNER AND TENANT DEPOSITS 12897 ACCRUED PAYROLL TAXES 5298 ACCRUED OTHER EXPENSES 31996 REFUNDABLE ADVANCES 502206 OPERATING LEASE LIABILITIES 22751 575148 X 2693211 16762 -467898 -451136 3144347 0 3144347 2719174 0 2719174 472363 472363 3191537 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC 740-10-25. UNDER THESE PROVISIONS, THE ORGANIZATION MUST RECOGNIZE THE EFFECTS OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS AND ACCORDINGLY, NO AMOUNTS HAVE BEEN RECORDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET INCREASE IN BENEFICIAL INTEREST IN ASSETS HELD 4,465. RESTORE OPERATING COSTS -472,363. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESTORE OPERATING COSTS 472,363. FORM 990, PART VI, SECTION A, LINE 4 BOARD MEMBER ATTENDANCE POLICY THE BOARD OF DIRECTORS DEVELOPED THIS WRITTEN POLICY TO SET A CLEAR SHARED EXPECTATION FOR MEETING ATTENDANCE THAT WE WILL HOLD OURSELVES ACCOUNTABLE TO POLICY. BOARD MEMBERS ARE EXPECTED TO ATTEND AT LEAST 75% OF ALL REGULARLY SCHEDULED MEETINGS. BOARD MEMBERS ARE EXPECTED TO DEFEND REGULAR MEETING TIMES IN THEIR PERSONAL CALENDARS, AND TO AVOID SCHEDULING OTHER MEETINGS DURING THAT TIME. BOARD MEMBERS OCCASIONALLY MISS MEETINGS DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL SUCH AS ILLNESS, TRAVEL SCHEDULES, JURY DUTY, OR HOLIDAYS. THESE WILL GENERALLY BE CONSIDERED "EXCUSED" ABSENCES. IN ALL CASES, BOARD MEMBERS ARE EXPECTED TO NOTIFY THE BOARD OF MEETINGS THEY KNOW THEY WILL MISS. MISSING A MEETING WITHOUT NOTIFICATION IS UNACCEPTABLE. TO MAKE THE BOARD MORE ACCOUNTABLE INTERNALLY AND TO THE COMMUNITIES WE SERVE, WE WILL INSTITUTE THE FOLLOWING "TRANSPARENCY" MEASURES: 1. REPEATEDLY ABSENT BOARD MEMBERS WILL BE NOTED IN THE MEETING MINUTES. 2. BOARD ATTENDANCE PERCENTAGE WILL BE REPORTED WHEN BOARD MEMBERS STAND FOR RE-ELECTION. 3. WE WILL MAINTAIN A PUBLIC, YEAR-TO-DATE SUMMARY OF BOARD MEMBER ATTENDANCE ON THE BOARD PORTAL SO MEMBERS CAN CHECK IN ON ATTENDANCE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER AND OFFICER FOR COMMENTS AND QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER AND OFFICER IS REQUIRED TO DISCLOSE, AT LEAST ANNUALLY, ANY KNOWN CONFLICTS OF INTEREST IN WRITING AND SUBMIT THEM TO THE ORGANIZATION'S PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR AND OTHER OFFICERS ON AN ANNUAL BASIS AND COMPARES TO OTHER ORGANIZATIONS OF SIMILAR SIZE. IN ADDITION, THE BOARD OF DIRECTORS UTILIZES A COMPENSATION STUDY COMPLETED BY HABITAT FOR HUMANITY INTERNATIONAL TO ASSIST WITH THEIR COMPENSATION REVIEW. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX THE COSTS OF PROVIDING THE VARIOUS PROGRAMS, SUPPORTING SERVICES AND FUNDRAISING ACTIVITIES HAVE BEEN SUMMARIZED ON A FUNCTIONAL BASIS IN THE STATEMENT OF FUNCTIONAL EXPENSES. CERTAIN CATEGORIES OF EXPENSES ARE ATTRIBUTABLE TO MORE THAN ONE PROGRAM OR SUPPORTING FUNCTION AND ARE ALLOCATED ON A REASONABLE BASIS THAT IS CONSISTENTLY APPLIED. THE EXPENSES THAT ARE ALLOCATED ARE COMPENSATION AND BENEFITS, WHICH ARE ALLOCATED ON THE BASIS OF ESTIMATES OF TIME AND EFFORT; AND OCCUPANCY COSTS, WHICH ARE ALLOCATED ON A SQUARE FOOTAGE BASIS. FORM 990, PART XI, LINE 9: NET INCREASE IN BENEFICIAL INTEREST IN ASSETS HELD 4,465. MILLWOOD WORKS LLC 443 MILLWOOD AVENUE WINCHESTER VA 22601 OFFICE SPACE FOR BLUE RIDGE HABITAT FOR HUMANITY VA 0 2686610 BLUE RIDGE HABITAT FOR HUMANITY INC