2024-02-05T10:07:14-06:00 2023-06-30 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE COURT STE 300 AUBURN HILLS MI 48326 990 2022-07-01 382527968 HABITAT FOR HUMANITY OF KENT COUNTY INC HABI 6167742431 425 PLEASANT SW GRAND RAPIDS MI 495034925 WAYNE WEST DIRECTOR OF FINANCE AND ADMIN 6167742431 2024-01-31 1 WAYNE WEST 999009999 1 TINA M PETERS CPA P00904574 2483757100 2024-01-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BEVERLY THIEL 425 PLEASANT SW GRAND RAPIDS MI 495034925 8076256 0 X WWW.HABITATKENT.ORG X 1983 MI CONSTRUCTION AND REHABILITATION OF RESIDENTIAL HOUSING FOR FAMILIES IN NEED AND SUPPORT FOR HOMEOWNERS. 15 15 62 1876 158054 0 4854458 2574503 2263360 3023261 31238 174790 258225 1872062 7407281 7644616 0 0 0 0 2686354 2699475 0 0 635284 2757354 4715426 5443708 7414901 1963573 229715 21038671 19171495 4516609 2413018 16522062 16758477 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. HABITAT FOR HUMANITY KENT COUNTY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 0 0 3692479 2518112 HOMEOWNERSHIP AND HOME PRESERVATION PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH HABITAT FOR HUMANITY KENT COUNTY. HOME PRESERVATION ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY OF MOVING. PROJECTS CONSIST OF REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. 1128268 505149 DISCOUNT ON NEW MORTGAGE ORIGINATIONS. 973003 OPERATION OF RESALE OUTLET FOR DONATED NEW AND USED BUILDING MATERIALS TO HELP FUND HOME CONSTRUCTION, REDUCE BUILDING MATERIALS TAKEN TO LANDFILLS, AND PROVIDE AN AFFORDABLE WAY FOR LOW- AND MIDDLE-INCOME FAMILIES TO MAINTAIN AND IMPROVE THEIR HOMES. 90000 TITHE TO HABITAT FOR HUMANITY INTERNATIONAL USED TO BUILD HOMES. 90000 5883750 1 1 0 0 0 0 0 0 0 1 1 0 1 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 1 0 0 0 0 0 0 0 0 1 27 0 1 62 1 1 1 0 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 1 1 1 1 1 0 MI X X WAYNE WEST 6167742431 425 PLEASANT SW GRAND RAPIDS MI 495034925 ERIC FISCHER CHAIR 1.00 0.00 X X 0 0 0 CASSANDRA ORACZ VICE-CHAIR 1.00 0.00 X X 0 0 0 JAMES WHITE VICE-CHAIR - PART YEAR 1.00 0.00 X X 0 0 0 JASON WILLIAMS TREASURER 1.00 0.00 X X 0 0 0 ALEXIS REAME SECRETARY 1.00 0.00 X X 0 0 0 MATT BENNETT BOARD MEMBER 1.00 0.00 X 0 0 0 JUSTINE BURDETTE BOARD MEMBER 1.00 0.00 X 0 0 0 LAMONT EDWARDS BOARD MEMBER 1.00 0.00 X 0 0 0 FRED JOHNSON III BOARD MEMBER 1.00 0.00 X 0 0 0 AARON JONKER BOARD MEMBER 1.00 0.00 X 0 0 0 PAUL KEIFER BOARD MEMBER 1.00 0.00 X 0 0 0 GREGORY MCCORMICK BOARD MEMBER 1.00 0.00 X 0 0 0 GREG SCHMIDT BOARD MEMBER 1.00 0.00 X 0 0 0 JANET VELDHOUSE BOARD MEMBER 1.00 0.00 X 0 0 0 MIKE YATES BOARD MEMBER 1.00 0.00 X 0 0 0 DOUG YOUNG BOARD MEMBER 1.00 0.00 X 0 0 0 BEVERLY THIEL EXECUTIVE DIRECTOR 40.00 0.00 X 119816 0 6184 WAYNE WEST DIRECTOR OF FINANCE 40.00 0.00 X 94384 0 25917 214200 0 32101 1 0 0 0 0 10356 2564147 1549204 2574503 TRANSFERS TO HOMEOWNERS 531390 2477787 2477787 MORTGAGE AMORTIZATION 522292 505149 505149 NEIGHBORHOOD IMPROVEMENT PROGRAM 811000 40325 40325 3023261 172645 172645 187483 12446 196804 980 -9321 11466 2145 2145 391910 233856 158054 158054 SALE OF MORTGAGE NOTE RECEIVABLE 531390 1080882 1080882 GAIN ON SETTLEMENT OF NMTC NOTE P 531390 555070 555070 SCRAP METAL RECYCLING INCOME 900099 36300 36300 41756 41756 1714008 7644616 3023261 158054 1888798 261624 261624 1850411 1187827 277059 385525 97008 59795 18539 18674 317293 241893 29301 46099 173139 108026 37130 27983 52186 31223 16266 4697 33017 2351 30666 55200 55200 12825 12825 61396 1476 34920 25000 58576 43881 1271 13424 121882 58181 20789 42912 277913 253699 12107 12107 44648 40762 2353 1533 29006 16632 9465 2909 22296 5010 17143 143 90000 90000 167726 124519 30458 12749 46614 42198 2999 1417 CONSTRUCTION OF HOMES & 3430537 3430537 BANK CHARGES 65202 56666 5012 3524 TELEPHONE 41646 33490 4380 3776 CONSTRUCTION SUPPLIES A 13072 13072 91684 42512 16360 32812 7414901 5883750 895867 635284 205123 146563 1969633 374304 2225683 533890 7577635 5311333 673156 575355 58948 53200 4506514 1500886 2431486 3005628 5633794 2706737 1239988 3190270 2297440 21038671 19171495 565038 543659 37180 24058 3703977 1705998 210414 139303 4516609 2413018 X 14507115 15159660 2014947 1598817 16522062 16758477 21038671 19171495 229715 6700 0 X X 0 1 X 1 0 X 6995795 2484376 3163466 4854458 2616483 20114578 6995795 2484376 3163466 4854458 2616483 20114578 694848 19419730 313470 27987 62819 15386 111240 530902 125389 78943 156290 113299 1733735 2207656 22853136 13286925 0.84980 0.85510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LATE FEE INCOME - 2018 AMOUNT: $ 9,732. 2019 AMOUNT: $ 10,541. 2020 AMOUNT: $ 11,581. 2021 AMOUNT: $ 6,735. 2022 AMOUNT: $ 7,240. MISCELLANEOUS - 2018 AMOUNT: $ 41,996. 2019 AMOUNT: $ 30,849. 2020 AMOUNT: $ 46,432. 2021 AMOUNT: $ 47,856. 2022 AMOUNT: $ 1,674,553. TAX CREDIT - 2018 AMOUNT: $ 50,864. 2019 AMOUNT: $ 28,345. 2020 AMOUNT: $ 28,345. 2021 AMOUNT: $ 20,734. 2022 AMOUNT: $ 13,122. SCRAP METAL RECYCLING INCOME - 2018 AMOUNT: $ 20,422. 2019 AMOUNT: $ 9,208. 2020 AMOUNT: $ 69,932. 2021 AMOUNT: $ 37,974. 2022 AMOUNT: $ 36,300. FUNDRAISING - 2018 AMOUNT: $ 2,375. 2022 AMOUNT: $ 2,520. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 127689 10488 138177 143131 500 -15942 127689 117788 25343 143131 123133 -5345 117788 96721 24152 2260 123133 0.41430 0.58570 0.00000 1 0 1998648 1998648 1635921 716180 919741 422010 390869 31141 449935 393837 56098 3005628 NEW MARKET TAX CREDIT JOINT VENTURE 1239988 C 1239988 HOMES UNDER CONSTRUCTION 2022413 BENEFICIAL INTEREST IN FUNDS HELD AT GRAND RAPIDS COMMUNITY FOUNDATION 138177 RIGHT OF USE OPERATING LEASE ASSETS 9083 FINANCE LEASE ASSETS 127767 2297440 LEASE LIABILITY - OPERATING 9598 LEASE LIABILITY - FINANCE 129705 139303 7961425 6700 76253 233856 316809 7644616 0 7644616 7725010 76253 233856 310109 7414901 0 7414901 PART V, LINE 4: TO SUPPORT THE ON-GOING PROGRAM AND OPERATING EXPENSES OF HABITAT FOR HUMANITY OF KENT COUNTY. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 233,856. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 233,856. X 1083450 APPRAISAL VALUE X 7 191190 TRADING PRICE X MATERIALS, SUPPLIES, FIXED ASSETS 121 274564 APPRAISAL VALUE 0 1 0 PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S 990 WAS REVIEWED IN DETAIL WITH THE PREPARER, PLANTE & MORAN. A COPY OF THE RETURN WAS PROVIDED TO MEMBERS OF THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S EMPLOYEE HANDBOOK SPECIFICALLY REQUIRES EMPLOYEES TO NOTIFY THE ORGANIZATION IF THERE MAY BE A CONFLICT OF INTEREST. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS ANNUALLY. THE DIRECTOR OF FINANCE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IN THE EVENT OF A CONFLICT, THE MEMBER MUST LEAVE THE MEETING, CANNOT PARTICIPATE IN DISCUSSION AND CANNOT VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S WAGE AND BENEFITS ARE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE EXECUTIVE COMMITTEE LOOKS AT COMPARATIVE COMPENSATION FOR ORGANIZATIONS OF SIMILAR SIZE TO ENSURE THAT RATES ARE COMPETITIVE AND REASONABLE. THE MOST RECENT YEAR THIS PROCESS WAS UNDERTAKEN WAS FISCAL YEAR 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS OF THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.