2024-02-29T10:31:42-05:00 2023-06-30 461335331 ALTRUIC ADVISORS CPAS 417 FOREST AVENUE PLYMOUTH MI 48170 990 2022-07-01 382874694 HABITAT FOR HUMANITY OF HURON VALLEY HABI 7346771558 950 VICTORS WAY SUITE 50 ANN ARBOR MI 48108 SARAH STANTON CEO 7346771558 2024-02-27 true SARAH STANTON 999009999 false RYAN N HAGAN CPA P00293011 8882985297 2024-02-27 2022 2023-04-26 12:10:37Z SARAH STANTON 950 VICTORS WAY SUITE 50 ANN ARBOR MI 48108 7068959 false X WWW.H4H.ORG X 1989 MI HABITAT FOR HUMANITY OF HURON VALLEY EXISTS TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS IN THE GREATER WASHTENAW COUNTY AREA. 16 16 49 2162 0 4438623 4577165 3027808 2436655 36875 24327 -42966 -11916 7460340 7026231 1032775 2017070 0 3207925 2636757 0 617098 3088821 2338246 7329521 6992073 130819 34158 11009731 10638594 5092199 4686904 5917532 5951690 X HABITAT FOR HUMANITY OF HURON VALLEY EXISTS TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS IN THE GREATER WASHTENAW COUNTY AREA. false false 829631 1125044 RESTORE - THE RESTORE IS A RETAIL STORE OPERATED BY HHHV. THE STORE ACCEPTS DONATIONS FROM INDIVIDUALS AND BUSINESSES OF NEW AND GENTLY USED BUILDING MATERIALS, TOOLS, FURNITURE AND APPLIANCES. THESE ITEMS ARE SOLD TO THE PUBLIC AT 50-75% OFF RETAIL PRICE. THE RESTORE PROFIT IS INVESTED BACK INTO THE HHHV PROGRAMS. THE RESTORE PROVIDES OUR COMMUNITY WITH HIGH QUALITY MATERIALS AND PRODUCTS AT REASONABLE PRICES TO IMPROVE AND FURNISH EXISTING HOMES. THE RESTORE RECYCLES MATERIALS, REDUCES RESOURCES CONSUMED, AND DIVERTS MANY TONS OF MATERIAL FROM LANDFILLS EACH YEAR. 2439422 120403 1040500 HOME CONSTRUCTION: HOME OWNERSHIP PROGRAM (HOP) - HHHV PARTNERS WITH FAMILIES TO BUILD A NEW LIFE FOR THEMSELVES THROUGH DECENT, AFFORDABLE HOMEOWNERSHIP. WE RENOVATE EXISTING UNDERUTILIZED HOUSES WITH COMMUNITY PARTNERS AND SPONSORS. WE TURN THE HOUSES INTO HOMES AND ASSIST THE PARTNER FAMILY IN OBTAINING AN AFFORDABLE MORTGAGE. NEWLY RENOVATED, ENERGY- EFFICIENT HABITAT HOMES ARE SOLD TO INDIVIDUALS AND FAMILIES WHO QUALIFY AND ARE APPROVED FOR OUR PROGRAM. THOSE WHO PARTNER WITH HABITAT ARE COMMUNITY-MINDED RESIDENTS WHO ARE LOOKING FOR THE STABILITY OF HOMEOWNERSHIP. HHHV ALSO WORKS CLOSELY WITH OUR FAMILIES BY OFFERING CLASSES THAT WILL PREPARE THEM TO BE SUCCESSFUL HOMEOWNERS. ULTIMATELY, WE BUILD MUCH MORE THAN HOUSES - THE IMPACT OF HOMEOWNERSHIP IS PROFOUND AND LASTING. HHHV HAS PROVIDED OVER 270 HOMES TO NEW OWNERS UNDER THIS PROGRAM 2590443 1896667 84022 HOME CONSTRUCTION: HOME IMPROVEMENT PROGRAM (HIP) - THE HOME IMPROVEMENT PROGRAM FURTHERS HHHV'S MISSION OF SUPPORTING AFFORDABLE HOME OWNERSHIP. THE PROGRAM INCLUDES ALL HHHV PROJECTS FOR FAMILIES WHO DO NOT RECEIVE A NEW MORTGAGE. HIP INCLUDES ROOF REPLACEMENTS, WEATHERIZATION PROJECTS, CRITICAL REPAIR PROJECTS, EXTERIOR IMPROVEMENTS, REFRIGERATOR REPLACEMENTS, AIR CONDITIONING INSTALLATION, AS WELL AS FURNACE TESTING AND REPLACEMENT. THERE ARE A LARGE NUMBER OF HOMES THAT ARE IN NEED OF ROOF REPLACEMENT IN THE COMMUNITY - EHERE THE COST OF REPLACEMENT IS BEYOND THE REACH OF MANY FAMILIES. WITHOUT A NEW ROOF THESE FAMILIES' HOMES WILL CONTINUE TO DETERIORATE AND WOULD EVENTUALLY BECOME UNLIVABLE. IN ADDITION, HOMES THAT ARE INSUFFICIENTLY INSULATED OR HAVE OUTDATED HEATING EQUIPMENT ARE OFTEN A FINANCIAL BURDEN TO THEIR HOMEOWNERS AND CAN POTENTIALLY BE UNSAFE. HHHV'S HIP AIMS TO ALLEVIATE THIS PRESSURE ON LOWINCOME RESIDENTS BY MAKING HOME MORE ENERGY EFFICIENT. THROUGH THESE ENERGY EFFICIENCY UPGRADES HHHV CAN HELP FAMILIES SAVE ON THEIR MONTHLY UTILITY BILLS AS WELL AS REDUCE THEIR IMPACT ON THE ENVIRONMENT TO CREATE A MORE SUSTAINABLE COMMUNITY. SINCE 2013 THE HHHV HIP HAS SERVED 1332 FAMILIES COUNTY-WIDE WITH SUBSTANTIAL PROJECTS INCLUDING VETERAN REPAIRS, WEATHERIZATION WORK, INSULATION, AND/OR FURNACE REPLACEMENTS. THESE PROJECTS HAVE HELPED MANY FAMILIES SAVE AN AVERAGE OF 500 PER YEAR IN UTILITY COST. DURING THE SAME PERIOD, HHHV HAS ALSO WORKED WITH AN ADDITIONAL 7962 FAMILIES WITH SMALLER PROJECTS INCLUDING FURNACE TUNE-UPS, NEW REFRIGERATORS, AND EXTERIOR HOME IMPROVEMENTS. 118313 187089 COMMUNITY DEVELOPMENT - OUR COMMUNITY DEVELOPMENT ACTIVITIES INCLUDE EVENTS IN WHICH HHHV HELPS CREATE A BENEFIT FOR AN ENTIRE NEIGHBORHOOD. ACTIVITIES INCLUDE NEIGHBORHOOD ASSOCIATION MEETINGS, COMMUNITY PLANNING MEETINGS, DOOR-TO-DOOR SURVEYS, SUPPORTING RESIDENT-LED ACTION TEAMS, NEIGHBORHOOD BEAUTIFICATION DAYS, NEIGHBORHOOD PICNICS, ENHANCING COMMUNITY AMENITIES, AND NEIGHBORHOOD SCHOOL EVENTS. IN PARTICULAR, HHHV IS CURRENTLY PARTNERING WITH RESIDENTS IN GAULT VILLAGE, WEST WILLOW, AND SUGARBROOK TO MAKE THEIR COMMUNITIES EVEN BETTER PLACES TO LIVE AND WORK. WHILE WE HAVE RENOVATED MORE THAN 60 HOMES IN THESE NEIGHBORHOODS, WE ALSO PROVIDE SUPPORT FOR COMMUNITY PLANNING AND ORGANIZATION WORK TO ENHANCE THE POSITIVE IMPACT OF ALL OF OUR PROGRAMS. WE OFFER THESE PROGRAMS AND ACTIVITIES IN ORDER TO BRING POSITIVE CHANGE TO NEIGHBORHOODS, MAKING THEM MORE ECONOMICALLY STABLE AND IMPROVING THE QUALITY OF LIFE FOR RESIDENTS. 118313 187089 5977809 true true false false false false false false true false true false false true true false true false false false false false false false true false false false true true false false false false false false false false false false false false true false false false false true 27 0 49 true false false false false false false false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true false false MI X X RON THOMAS 7346771558 950 VICTORS WAY SUITE 50 ANN ARBOR MI 48108 X SARAH STANTON CEO 40.00 X 159004 0 16001 RON THOMAS CFO/COO 40.00 X 167160 0 8358 ROB NISSLY CHIEF STRATE 40.00 X 150059 0 18685 TIM NEIMAN TREASURER 2.00 X X 0 0 0 MAGGIE BAYLESS DIRECTOR 1.00 X 0 0 0 ROBIN M CAMPBELL VICE PRESIDE 2.00 X X 0 0 0 RUSS BURGEI DIRECTOR 1.00 X 0 0 0 JEANNETTE JACKSON PRESIDENT 2.00 X X 0 0 0 CAMERON LAFLEUR SECRETARY 2.00 X X 0 0 0 JO ANN MCCOLLUM DIRECTOR 1.00 X 0 0 0 PASTOR WILLIE J POWELL DIRECTOR 1.00 X 0 0 0 HON ERANE C WASHINGTON DIRECTOR 1.00 X 0 0 0 JIMMIE WILSON DIRECTOR 1.00 X 0 0 0 MARIA EVANGELISTA-WADE DIRECTOR 1.00 X 0 0 0 MICHELE SIMMONS DIRECTOR 1.00 X 0 0 0 TAHNE ENGLISH DIRECTOR 1.00 X 0 0 0 MOE HAKIM DIRECTOR 1.00 X 0 0 0 TODD CLARK DIRECTOR 1.00 X 0 0 0 BENJAMIN KRAMER DIRECTOR 1.00 X 0 0 0 476223 43044 3 false true false 92678 477922 4006565 24324 4577165 RESTORE SALES 1125044 1125044 SALE OF HOMES 1040500 1040500 LOAN DISCOUNT AMORTIZATION 187089 187089 HIP SALES 84022 84022 2436655 34285 34285 1800 11758 -9958 -9958 -9958 92678 30970 -30970 -30970 NEW MARKET TAX CREDIT FEE 22999 22999 MISCELLANEOUS INCOME 7684 7684 OTHER REALIZED GAINS 2032 2032 -13661 -13661 19054 7026231 2436655 12411 2017070 2017070 492172 334694 107718 49760 1674071 1175574 140367 358130 90310 61001 11866 17443 207464 154575 34366 18523 172740 121106 19305 32329 96052 57552 33062 5438 26139 16652 1576 7911 40419 527 39892 230032 205365 9795 14872 6012 3058 2184 770 65159 65159 27000 27000 84775 65832 7522 11421 67789 47884 7904 12001 HOME CONSTRUCTION 1343264 1343264 TELEPHONE AND TECHNOLOGY 84699 50912 13416 20371 RESTORE COSTS 56309 56309 SUPPLIES 36272 26211 3995 6066 174325 148591 3563 22171 6992073 5977809 397166 617098 436477 869240 2334427 894306 177716 309908 2097017 1867639 1987970 2038178 43736 39216 456800 288354 239227 168446 1000119 83051 61423 3610110 3390119 11009731 10638594 406826 310560 84418 61419 5237 5067 3946043 3796239 649675 513619 5092199 4686904 X 5400300 5500745 517232 450945 5917532 5951690 11009731 10638594 34158 X false true X true false X 4066221 2644752 4811084 4438623 4484488 20445168 4066221 2644752 4811084 4438623 4484488 20445168 7615598 12829570 24375 56031 25220 36875 34285 176786 25567 9391 18338 18054 71350 24573 17693 19967 62233 20755537 15049568 0.61810 0.67790 X PART II, LINE 10 62,233 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 182893 110130 72763 273907 178224 95683 168446 INVESTMENT IN NMTC 2124450 RIGHT TO USE ASSET 513619 OTHER RECEIVABLES 377865 LAND HELD FOR REDEVELOPMENT 339282 INTEREST IN ASSETS HELD BY OTHERS 21473 DEPOSITS AND OTHER ASSETS 13430 3390119 OPERATING LEASE LIABILITY 513619 513619 7282419 256188 256188 7026231 7026231 7248261 256188 256188 6992073 6992073 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION MAINTANS ESCROW ACCOUNTS. GOLF EVENT 47760 47760 26395 FALL BREAKFAST 44918 44918 4575 92678 92678 30970 30970 -30970 true DOWN PAYMENT ASSISTANCE 6 116427 CASH HIP GRANTS TO FAMILIES 658 1896667 CASH SHOP GRANTS 5 3976 CASH false false false false false false false false false SARAH STANTON CEO 159004 16001 175005 RON THOMAS CFO/COO 167160 8358 175518 ROB NISSLY CHIEF STRATEGY OFFIC 150059 18685 168744 FORM 990, PAGE 2, PART III, LINE 4B HOME CONSTRUCTION: HOME OWNERSHIP PROGRAM (HOP) - HHHV PARTNERS WITH FAMILIES TO BUILD A NEW LIFE FOR THEMSELVES THROUGH DECENT, AFFORDABLE HOMEOWNERSHIP. WE RENOVATE EXISTING UNDERUTILIZED HOUSES WITH COMMUNITY PARTNERS AND SPONSORS. WE TURN THE HOUSES INTO HOMES AND ASSIST THE PARTNER FAMILY IN OBTAINING AN AFFORDABLE MORTGAGE. NEWLY RENOVATED, ENERGY- EFFICIENT HABITAT HOMES ARE SOLD TO INDIVIDUALS AND FAMILIES WHO QUALIFY AND ARE APPROVED FOR OUR PROGRAM. THOSE WHO PARTNER WITH HABITAT ARE COMMUNITY-MINDED RESIDENTS WHO ARE LOOKING FOR THE STABILITY OF HOMEOWNERSHIP. HHHV ALSO WORKS CLOSELY WITH OUR FAMILIES BY OFFERING CLASSES THAT WILL PREPARE THEM TO BE SUCCESSFUL HOMEOWNERS. ULTIMATELY, WE BUILD MUCH MORE THAN HOUSES - THE IMPACT OF HOMEOWNERSHIP IS PROFOUND AND LASTING. HHHV HAS PROVIDED OVER 270 HOMES TO NEW OWNERS UNDER THIS PROGRAM FORM 990, PAGE 2, PART III, LINE 4C HOME CONSTRUCTION: HOME IMPROVEMENT PROGRAM (HIP) - THE HOME IMPROVEMENT PROGRAM FURTHERS HHHV'S MISSION OF SUPPORTING AFFORDABLE HOME OWNERSHIP. THE PROGRAM INCLUDES ALL HHHV PROJECTS FOR FAMILIES WHO DO NOT RECEIVE A NEW MORTGAGE. HIP INCLUDES ROOF REPLACEMENTS, WEATHERIZATION PROJECTS, CRITICAL REPAIR PROJECTS, EXTERIOR IMPROVEMENTS, REFRIGERATOR REPLACEMENTS, AIR CONDITIONING INSTALLATION, AS WELL AS FURNACE TESTING AND REPLACEMENT. THERE ARE A LARGE NUMBER OF HOMES THAT ARE IN NEED OF ROOF REPLACEMENT IN THE COMMUNITY - EHERE THE COST OF REPLACEMENT IS BEYOND THE REACH OF MANY FAMILIES. WITHOUT A NEW ROOF THESE FAMILIES' HOMES WILL CONTINUE TO DETERIORATE AND WOULD EVENTUALLY BECOME UNLIVABLE. IN ADDITION, HOMES THAT ARE INSUFFICIENTLY INSULATED OR HAVE OUTDATED HEATING EQUIPMENT ARE OFTEN A FINANCIAL BURDEN TO THEIR HOMEOWNERS AND CAN POTENTIALLY BE UNSAFE. HHHV'S HIP AIMS TO ALLEVIATE THIS PRESSURE ON LOWINCOME RESIDENTS BY MAKING HOME MORE ENERGY EFFICIENT. THROUGH THESE ENERGY EFFICIENCY UPGRADES HHHV CAN HELP FAMILIES SAVE ON THEIR MONTHLY UTILITY BILLS AS WELL AS REDUCE THEIR IMPACT ON THE ENVIRONMENT TO CREATE A MORE SUSTAINABLE COMMUNITY. SINCE 2013 THE HHHV HIP HAS SERVED 1332 FAMILIES COUNTY-WIDE WITH SUBSTANTIAL PROJECTS INCLUDING VETERAN REPAIRS, WEATHERIZATION WORK, INSULATION, AND/OR FURNACE REPLACEMENTS. THESE PROJECTS HAVE HELPED MANY FAMILIES SAVE AN AVERAGE OF 500 PER YEAR IN UTILITY COST. DURING THE SAME PERIOD, HHHV HAS ALSO WORKED WITH AN ADDITIONAL 7962 FAMILIES WITH SMALLER PROJECTS INCLUDING FURNACE TUNE-UPS, NEW REFRIGERATORS, AND EXTERIOR HOME IMPROVEMENTS. FORM 990, PAGE 2, PART III, LINE 4D COMMUNITY DEVELOPMENT - OUR COMMUNITY DEVELOPMENT ACTIVITIES INCLUDE EVENTS IN WHICH HHHV HELPS CREATE A BENEFIT FOR AN ENTIRE NEIGHBORHOOD. ACTIVITIES INCLUDE NEIGHBORHOOD ASSOCIATION MEETINGS, COMMUNITY PLANNING MEETINGS, DOOR-TO-DOOR SURVEYS, SUPPORTING RESIDENT-LED ACTION TEAMS, NEIGHBORHOOD BEAUTIFICATION DAYS, NEIGHBORHOOD PICNICS, ENHANCING COMMUNITY AMENITIES, AND NEIGHBORHOOD SCHOOL EVENTS. IN PARTICULAR, HHHV IS CURRENTLY PARTNERING WITH RESIDENTS IN GAULT VILLAGE, WEST WILLOW, AND SUGARBROOK TO MAKE THEIR COMMUNITIES EVEN BETTER PLACES TO LIVE AND WORK. WHILE WE HAVE RENOVATED MORE THAN 60 HOMES IN THESE NEIGHBORHOODS, WE ALSO PROVIDE SUPPORT FOR COMMUNITY PLANNING AND ORGANIZATION WORK TO ENHANCE THE POSITIVE IMPACT OF ALL OF OUR PROGRAMS. WE OFFER THESE PROGRAMS AND ACTIVITIES IN ORDER TO BRING POSITIVE CHANGE TO NEIGHBORHOODS, MAKING THEM MORE ECONOMICALLY STABLE AND IMPROVING THE QUALITY OF LIFE FOR RESIDENTS. FORM 990, PAGE 6, PART VI, LINE 11B A DRAFT OF FORM 990 IS REVIEWED BY THE CEO, THE CFO/COO, AND THE BOARD OF DIRECTORS APPROVES THE 990 PRIOR TO FILING WITH THE IRS. THIS PROCESS ALLOWS FOR THE OPPORTUNITY TO ASK QUESTIONS WHILE REVIEWING THE DRAFT. FORM 990, PAGE 6, PART VI, LINE 12C ANY CONFLICT OF INTEREST IS FORMALLY STATED AT A BOARD MEETING AND REFLECTED IN THE MINUTES OF THAT MEETING. IF A VOTE ON THE ISSUE IS NECESSARY, THE PERSON WITH THE POTENTIAL CONFLICT WILL BE ASKED TO LEAVE THE MEETING AND/OR REFRAIN FROM VOTING. FORM 990, PAGE 6, PART VI, LINE 15A THE CEO'S COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 990 RETURNS ARE AVAILABLE TO THE PUBLIC AT WWW.GUIDESTAR.ORG. ALL ORGANIZATIONAL DOCUMENTS ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST. HFHHV FUNDING COMPANY LLC 950 VICTORS WAY SUITE 50 ANN ARBOR MI 48108 MORTGAGES MI H4H HURON