2025-01-15T06:51:34-06:00 2024-06-30 331498605 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2023-07-01 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 2025-01-13 1 1 JOSHUA NITZ CPA P01946955 2695674500 2025-01-13 2023 2024-10-15 13:58:12Z BEVERLY THIEL 425 PLEASANT SW GRAND RAPIDS MI 495034925 8233786 0 X WWW.HABITATKENT.ORG X 1983 MI 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. 16 16 63 2156 53127 0 2574503 3981293 3023261 2199636 174790 833623 1872062 103977 7644616 7118529 0 0 0 0 2699475 2893004 0 85000 793614 4715426 4064094 7414901 7042098 229715 76431 19171495 19914118 2413018 2580964 16758477 17333154 X SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. 0 0 3334391 1776028 HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH HABITAT FOR HUMANITY KENT COUNTY. 1074412 423608 DISCOUNT ON NEW MORTGAGE ORIGINATIONS. 784212 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 5283015 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 1 63 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 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 JUSTINE BURDETTE SECRETARY 1.00 0.00 X X 0 0 0 JASON WILLIAMS TREASURER 1.00 0.00 X X 0 0 0 ALEXIS REAME SECRETARY - PART YEAR 1.00 0.00 X X 0 0 0 MATT BENNETT BOARD MEMBER 1.00 0.00 X 0 0 0 RICH CHERRY 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 GREGORY MCCORMICK BOARD MEMBER 1.00 0.00 X 0 0 0 GREG SCHMIDT BOARD MEMBER 1.00 0.00 X 0 0 0 CAROLYN SULLIVAN 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 PAUL KEIFER BOARD MEMBER 1.00 0.00 X 0 0 0 KARLA AMAYA-LEONE BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 LAMONT EDWARDS BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 BEVERLY THIEL EXECUTIVE DIRECTOR 40.00 0.00 X 125767 0 6482 WAYNE WEST DIRECTOR OF FINANCE 40.00 0.00 X 98935 0 25446 SARAH HOTCHKISS DIRECTOR OF DEVELOPMENT AND COMMUNICATIONS 40.00 0.00 X 101164 0 13177 325866 0 45105 3 0 0 0 R&R MECHANICAL SERVICES LLC 433 CROFTON STREET SE GRAND RAPIDS MI 49507 HVAC, LABOR & MATERIALS 145139 1 19677 70002 81563 3810051 1011455 3981293 TRANSFERS TO HOMEOWNERS 531390 1747787 1747787 MORTGAGE AMORTIZATION 522292 423608 423608 NEIGHBORHOOD IMPROVEMENT PROGRAM 811000 28241 28241 2199636 204716 204716 337266 1267399 335919 639839 1347 627560 628907 628907 5310 70002 34659 -29349 -29349 157967 104840 53127 53127 SCRAP METAL RECYCLING INCOME 900099 58052 58052 NMTC DEFERRED REVENUE AMORTIZATIO 531390 13122 13122 LATE FEE INCOME 531390 6473 6473 2552 2552 80199 7118529 2199636 53127 884473 273684 273684 2060207 1244055 337991 478161 84978 53617 10876 20485 285199 201450 35736 48013 188936 110435 43899 34602 21300 1289 10623 9388 28192 4431 23761 56725 56725 85000 85000 39535 39535 92998 73638 9060 10300 68661 50318 4016 14327 114279 53927 25286 35066 292593 265930 13424 13239 28197 21690 2058 4449 32512 24081 6608 1823 17781 5091 12547 143 90000 90000 112511 71298 29104 12109 51105 46620 3074 1411 CONSTRUCTION OF HOMES & 2829741 2829741 BANK CHARGES 50168 40866 3865 5437 TELEPHONE 40011 30742 5114 4155 DUES & MEMBERSHIPS 23232 12699 6106 4427 74553 51097 12377 11079 7042098 5283015 965469 793614 146563 550221 374304 5973 533890 1262769 5311333 5763213 575355 315221 53200 94338 3979409 1455593 3005628 2523816 5633794 5733534 1239988 1239988 2297440 2425045 19171495 19914118 543659 690968 24058 10936 1705998 1784981 139303 94079 2413018 2580964 X 15159660 14820524 1598817 2512630 16758477 17333154 19171495 19914118 X 76431 312162 108133 77951 X X 0 1 X 1 0 X 2484376 3163466 4854458 2616483 3981293 17100076 2484376 3163466 4854458 2616483 3981293 17100076 429800 16670276 27987 62819 15386 111240 204716 422148 78943 156290 113299 1733735 85509 2167776 19690000 12632091 0.84660 0.84980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LATE FEE INCOME - 2019 AMOUNT: $ 10,541. 2020 AMOUNT: $ 11,581. 2021 AMOUNT: $ 6,735. 2022 AMOUNT: $ 7,240. 2023 AMOUNT: $ 6,473. MISCELLANEOUS - 2019 AMOUNT: $ 30,849. 2020 AMOUNT: $ 46,432. 2021 AMOUNT: $ 47,856. 2022 AMOUNT: $ 1,674,553. 2023 AMOUNT: $ 2,552. TAX CREDIT - 2019 AMOUNT: $ 28,345. 2020 AMOUNT: $ 28,345. 2021 AMOUNT: $ 20,734. 2022 AMOUNT: $ 13,122. 2023 AMOUNT: $ 13,122. SCRAP METAL RECYCLING INCOME - 2019 AMOUNT: $ 9,208. 2020 AMOUNT: $ 69,932. 2021 AMOUNT: $ 37,974. 2022 AMOUNT: $ 36,300. 2023 AMOUNT: $ 58,052. FUNDRAISING - 2022 AMOUNT: $ 2,520. 2023 AMOUNT: $ 5,310. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 138177 16411 154588 127689 10488 138177 143131 500 -15942 127689 117788 25343 143131 123133 -5345 117788 0.47650 0.52350 0.00000 1 0 1561547 1561547 1635921 758577 877344 384289 364296 19993 397652 332720 64932 2523816 NEW MARKET TAX CREDIT JOINT VENTURE 1239988 C 1239988 HOMES UNDER CONSTRUCTION 2179263 BENEFICIAL INTEREST IN FUNDS HELD AT GRAND RAPIDS COMMUNITY FOUNDATION 154588 FINANCE LEASE ASSETS 91194 2425045 LEASE LIABILITY - FINANCE 94079 94079 7864409 312162 108134 325584 745880 7118529 0 7118529 7289731 108134 139499 247633 7042098 0 7042098 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 104,840. MORTGAGE NOTES TRANSFERRED IN 186,085. FUNDRAISING EXPENSES 34,659. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 104,840. FUNDRAISING EXPENSES 34,659. X X X X X X 1 HOPKINS FUNDRAISING CONSULTING 995 SARGENT AVE SE ADA MI 49301 ADVISING ON FUNDRAISING CAMPAIGN AND MENTORING EVENTS STAFF 0 1147075 85000 1062075 1147075 85000 1062075 MI 40TH ANNIVERSARY 75312 70002 5310 1166 4950 21554 1016 5973 75312 70002 5310 1166 4950 21554 1016 5973 34659 -29349 X 506907 APPRAISAL VALUE X 9 335919 TRADING PRICE X MATERIALS, SUPPLIES, FIXED ASSETS 113 168629 APPRAISAL VALUE 0 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 2024. 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 XI, LINE 9: NEWAGO AFFILIATE MORTGAGES 186,085. GIK LABOR IN CONSTRUCTION & PROFESSIONAL FEES -108,134. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.