2024-02-12T18:37:33-08:00 2023-06-30 010560769 WILLIAMS & OLDS PROFESSIONAL CORP 900 UNIVERSITY AVENUE SUITE 100 SACRAMENTO CA 95825 990 2022-07-01 680085804 Habitat for Humanity of Greater Sacramento Inc HABI 9164401215 819 North 10th Street Sacramento CA 95811 Leah Miller President & CEO 2024-02-12 true Leah Miller 999009999 true Steven J Olds CPA P01343979 9168581680 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Leah Miller 819 North 10th Street Sacramento CA 95811 13860310 false X www.habitatgreatersac.org X 1985 CA Our mission is seeking to put Gods love into action, Habitat for Humanity brings people together to build homes, communities, and hope. Our vision is a world where everyone has a decent place to live. 11 11 48 2751 0 10746639 6641248 3861968 5057747 11645 142805 202738 616902 14822990 12458702 85624 52142 0 1667458 2231810 0 674709 5947421 7751288 7700503 10035240 7122487 2423462 20575642 25345587 4238698 6543649 16336944 18801938 About Habitat for Humanity of Greater Sacramento:Habitat for Humanity of Greater Sacramento (Habitat) is part of a global nonprofit housing organization that seeks to put love into action by building homes, communities and hope. Habitat is dedicated to eliminating substandard housing locally and worldwide through constructing, rehabilitating and preserving homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions. We believe that everyone deserves a simple, decent, durable place to live in dignity and safety. We are a non-profit 501(c)(3), private, non-governmental organization who relies on the local community for volunteers, materials, services and financial contributions to fulfill our mission. We are an empowerment program and seek to give working people a hand-up, not a handout, to homeownership and brighter futures. All are Welcome:Habitat for Humanity of Greater Sacramento has an o false false 8362618 1066676 5057747 Habitat for Humanity of Greater Sacramento brings people together to build and preserve affordable homeownership opportunities for qualified low-income families, seniors, and veterans in Sacramento and Yolo Counties, and uplifts and revitalizes under-served neighborhoods and communities in the greater Sacramento region.During the year ended June 30, 2023, Habitat for Humanity of Greater Sacramento impacted over 8,000 under-served individuals in Sacramento and Yolo Counties through home build, home repair, and community projects. The majority of individuals served through Habitat were BIPOC, women, and children. Additionally, through our global tithe, Habitat impacted an additional 142 families in Nicaragua.Habitats homeownership program serves low and fixed-income families (earning between 30-80% of the Sacramento and Yolo County Area Median Income as determined by HUD) through the opportunity to build and purchase their own home with an affordable, 30-year 0% interest-equivalent mortgage after putting in 500 hours of sweat equity. Through affordable homeownership, hardworking, low-income families have the opportunity for safe, stable shelter and to build equity and assets for their family. This past year, Habitat completed new homeownership opportunities for 13 families in the Sacramento region with an additional 12 under construction.Habitat homes build much more than homeownership opportunities alone:- Physical and Mental Health: 74% of local Habitat families reported an improvement in overall health. Stable, safe, and affordable housing reduces the stresses related to financial instability, reduces the likelihood of residence-induced illnesses (mold, pests, lack of basic necessities), and has been proven to have a positive impact on youth neurological and psycho-social development.-Equity: The ownership gap between Black and white Americans is larger now than in the 1960s. The majority of Habitat homeowners in the state of California are BIPOC.-Financial Health: Through first-time home buyer education, we teach families and individuals how to budget, improve credit, and increase generational wealth through home ownership.-Educational Outcomes: More than half of Habitat homeowners statewide have reported that at least one member of their household has been able to pursue a dream of higher education after moving into their affordable home.-Workforce Development Opportunities: for a variety of construction trades training programs.In addition to Habitats homeownership program, Habitats Neighborhood Revitalization program services low-income homeowners (primarily seniors and veterans) earning under 80% of the Area Median Income in Sacramento and Yolo Counties with home preservation and repair services. Habitat operates with an additional focus on serving under-served neighborhoods through community impact projects that uplift the entire neighborhood through the improvement of existing assets (examples include planting community gardens, adding amenities and upgrades to local community centers, and revitalizing local parks). 80 home repairs and 32 community projects were completed during the year ended June 30, 2023.The work of Habitat for Humanity of Greater Sacramento is only made possible through support from the local community. In the year ending June 30, 2023, more than 2,751 volunteers contributed over 34,000 hours to our mission by building new homes alongside family partners, providing home repairs, completing community projects, and assisting with operations in our ReStore. Each year, the ReStore diverts over 1 million lbs. of usable materials from landfill and generates critical operating revenue to help support Habitats work.During the year ended June 30, 2023, Habitat for Humanity of Greater Sacramento made significant progress in the construction of Cornerstone, which will be our largest community in the history of our organization. This collaborative community is made possible through a partnership with Mutual Housing of California. Cornerstone will include 108 affordable rental units built by Mutual Housing and 18 single-family Habitat homes which will provide homeownership opportunities for 90 individuals. In total, Cornerstone will provide safe and decent housing for more than 400 individuals. Over the past 5 years, Habitat has impacted thousands of individuals in the greater Sacramento region. With support from our local community, each year Habitat builds more impact than the year before with plans to continue increasing our impact in the years to come. 8362618 true true false false false false false false false false true false false true true true false true false false false false false false true false false true false true false false false false false true false true true false false false false false false false false true 33 0 true 48 true false false false false false true true false 0 false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false CA X Habitat for Humanity of Sacto 9164401215 819 North 10th Street Sacramento CA 95811 Leah Miller President & CEO 40.00 0.00 X 162692 0 3277 Farrah Shields Controller 40.00 0.00 X 87991 0 7346 Norm Marshall Chair 1.00 0.00 X X 0 0 0 Shiloh Costello Vice Chair 1.00 0.00 X X 0 0 0 Roy Alexander Secretary 1.00 0.00 X X 0 0 0 Laura Wilder Treasurer 1.00 0.00 X X 0 0 0 Kevin Cooper Director 1.00 0.00 X 0 0 0 Matthew Keasling Director 1.00 0.00 X 0 0 0 Dan Fenocchio Director 1.00 0.00 X 0 0 0 Ann Marie Westrum Director 1.00 0.00 X 0 0 0 Phil Titus Director 1.00 0.00 X 0 0 0 Laurie Salter Director 1.00 0.00 X X 0 0 0 Stephen Johanson Director 1.00 0.00 X X 0 0 0 250683 10623 1 false true false 0 237316 1066676 5337256 1675902 6641248 Accretion of Discount 522220 614115 614115 Homes Transferred 236000 4443632 4443632 5057747 142805 142805 0 0 0 0 74000 237316 167227 -93227 -93227 0 1234381 1234381 0 Miscellaneous 900099 35772 35772 Neighborhood Revitalizatn 900099 674357 674357 710129 12458702 5767876 49578 52142 52142 0 0 0 284857 179641 48357 56859 0 1465371 924115 248759 292497 0 335249 211420 56911 66918 146333 92283 24841 29209 0 22727 5183 12436 5108 35948 8198 19670 8080 0 0 0 116843 26646 63934 26263 88510 16972 1253 70285 0 31631 7213 17308 7110 0 410244 328802 49098 32344 36137 13282 16133 6722 0 4413 547 3866 96194 23735 72090 369 0 71565 71565 55535 33321 11107 11107 Mortgage Discount Given 2595306 2595306 Cost of Homes Sold 1706428 1705890 538 Home Preservation 1300822 1274914 14591 11317 Forgiven Mortgages 530955 529846 1109 648030 333162 264885 49983 10035240 8362618 997913 674709 88611 97135 8454535 6484990 570995 304610 0 0 0 8661817 10527432 154117 193779 61338 81714 1537395 341476 867875 1195919 61166 205775 0 0 2272681 1655188 3981552 20575642 25345587 381982 572864 363000 391000 3493716 3293498 2286287 4238698 6543649 X 9554268 11326016 6782676 7475922 16336944 18801938 20575642 25345587 2423462 41532 X false true X true false X 2703545 2797857 3686189 5961762 6410638 21559991 0 0 2703545 2797857 3686189 5961762 6410638 21559991 0 21559991 380248 2268 1083 11645 142805 538049 0 0 22098040 0.97570 0.97610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 662835 662835 201979 142034 59945 671081 199067 472014 1500 375 1125 1195919 Construction in Progress 3868600 Homes Awaiting Transfer 112952 3981552 Operating Lease Liability 2286287 2286287 X 12500234 41532 41532 12458702 12458702 10035240 10035240 10035240 Part X : FIN48 Footnote The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires Habitat to report information regarding its exposure to various tax positions taken. Habitat has determined whether any tax positions have met the recognition threshold and have measured the exposure to those tax positions. Management believes that Habitat has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. Any interest or penalties assessed to Habitat are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying consolidated financial statements. X X X X X X true Annual Gala 311316 237316 74000 167227 311316 237316 74000 167227 167227 -93227 true Habitat for Hum Intl 121 Habitat St Americus GA 31709 911914868 52142 0 Cash Home construction 1 0 X X false false false false false false false false false Leah Miller President & CEO 162692 3277 165969 Dan Fenocchio Board Member 24508 Engineering Services false ReStore sales 1234381 FMV Materials 61851 FMV Property 145592 FMV Labor 128670 FMV Other 2330 FMV Securities 103078 FMV false false false Form 990, Part VI, Section B, Line 11b Upon receipt of draft 990, it is sent out via email to the board for review. All members respond with questions and/or corrections, prior to a response being sent back to our CPA firm for approval and finalization. Form 990, Part VI, Section B, Line 12c Each year, the members of the Board of Directors are required to submit a signed Conflict of Interest Statement. As a part of this process, members are required to disclose potential areas of conflict. Signed statements are kept on file with board minutes. Form 990, Part VI, Section B, Line 15a The executive committee is charged with reviewing, evaluating and determining the compensation of the CEO annually and whenever a modification in compensation is proposed. The review includes consideration of performance and an appropriate consideration of comparability data. Form 990, Part VI, Section B, Line 15b 1)Review and analysis of industry-wide pay for equivalent role both in nonprofit and for-profit settings a. Analysis includes regional salaries as well as recommendations from Habitat California and Habitat International2)Determination of acceptable salary range for position within overall affiliate pay structure3)Determination of appropriate salary for employee based on experience and aptitude for the position within the pre-identified acceptable salary range a. Adjustments are made as necessary for cost of living and performance on an annual basis Form 990, Part VI, Section C, Line 19 Form 990, audited financial statements, governing documents and policies are available for public inspection at the business office.