2025-04-23T12:41:55-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-07-01 592856392 HABITAT FOR HUMANITY OF EAST POLK COUNTY INC HABI 8632922256 4100 RECKER HIGHWAY 100 WINTER HAVEN FL 33880 MARK FERREIRA EXECUTIVE DIRECTOR 8632922256 2025-04-23 1 1 LACEY M QUATSOE P01300865 4078021200 2025-04-11 2023 2025-03-06 01:10:19Z X MARK FERREIRA 4100 RECKER HIGHWAY 100 WINTER HAVEN FL 33880 2116315 0 8545 X WWW.HABITATEASTPOLK.ORG X 1987 FL TO DEVELOP COMMUNITIES WITH PEOPLE IN NEED BY BUILDING AND RENOVATING DECENT, AFFORDABLE HOMES 5 5 26 293 0 0 550638 773163 1227721 396340 5534 202036 10615 20124 1794508 1391663 0 0 0 0 706656 795703 1200 0 0 920161 825285 1628017 1620988 166491 -229325 5368570 4890292 1304057 1079124 4064513 3811168 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 OF EAST POLK 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 1271541 396340 HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS - INSTEAD OF HINDERS - HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. DURING FISCAL YEAR 2024, HABITAT OF EAST POLK COUNTY SERVED MORE THAN 106 HOUSEHOLDS THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM.HABITAT OF EAST POLK COUNTY IS COMMITTED TO EFFICIENCY AND TRANSPARENCY. WE COMMUNICATE WITH OUR SUPPORTERS, DONORS AND PROSPECTIVE DONORS BY EMAIL, POSTAL MAIL, PHONE AND OTHER MEANS, BOTH TO REQUEST CONTRIBUTIONS TO OUR CAUSE AND TO EDUCATE THE PUBLIC ABOUT HABITAT OF EAST POLK COUNTY'S YEAR-ROUND PROGRAMS, VOLUNTEER OPPORTUNITIES AND OTHER EVENTS IN LOCAL COMMUNITIES AND AROUND THE WORLD. THESE EFFORTS HELP ADVANCE OUR MISSION TO PUT GOD'S LOVE INTO ACTION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. AS A RESULT, IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDELINES AND INTERNAL REVENUE SERVICE GUIDANCE, HABITAT OF EAST POLK COUNTY ALLOCATES A PORTION OF OUR FUNDRAISING COSTS TO PROGRAM SERVICES. AS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXATION, WE ENSURE OUR DONORS' MONEY IS SPENT AS EFFICIENTLY AND EFFECTIVELY AS POSSIBLE. ADDITIONALLY, WE HAVE CERTAIN EXPENSES THAT CANNOT BE BILLED SEPARATELY FOR EACH FUNCTIONAL AREA. RENT, UTILITIES, INFORMATION TECHNOLOGY AND OTHER COSTS ARE GROUPED TOGETHER. WE ALLOCATE THESE COSTS IN COMPLIANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, OR GAAP, ACROSS THE PROGRAM (INCLUDING HABITAT RESTORES), MANAGEMENT AND GENERAL, AND FUNDRAISING CATEGORIES. FINALLY, SOME STAFF MEMBERS HAVE RESPONSIBILITIES THAT CROSS OVER FUNCTIONAL AREAS. TO CALCULATE THE TIME ALLOCATION, HABITAT OF EAST POLK COUNTY DIVIDES THE NUMBER OF HOURS SPENT ON A PROJECT OUTSIDE OF A STAFF MEMBER'S DESIGNATED EXPENSE CATEOGY BY THE TOTAL HOURS WORKED DURING THAT PERIOD AND ALLOCATES THAT PERCENTAGE OF COSTS TO THE APPROPRIATE EXPENSE CATEGORY. 1271541 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 5 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X ELIZABETH FERREIRA 8632922256 4100 RECKER HWY 100 WINTER HAVEN FL 33880 HAROLD BAKER PRES/TREAS THRU 12/2023 THEN TREAS 1.00 X X 0 0 0 WILLIAM BAKER VP/SEC THRU 12/2023 THEN PRES 1.00 X X 0 0 0 CARTER ADAMS DIRECTOR THRU 12/2023 1.00 X 0 0 0 JUDY BEATTY DIRECTOR 1.00 X 0 0 0 GINA CUNEO DIRECTOR THRU 2/2024 1.00 X 0 0 0 KARA HUEBSCH DIRECTOR 1.00 X 0 0 0 MELINDA KALOGRIDIS DIRECTOR AS OF 2/2024 1.00 X 0 0 0 LEXINGTON WORRELL DIRECTOR THRU 9/2023 1.00 X 0 0 0 MARK FERREIRA EXECUTIVE DIRECTOR 45.00 X 82774 0 10680 82774 0 10680 0 0 0 0 0 23000 750163 579983 773163 MORTGAGE AMORTIZATION 522292 247420 247420 HOME SALES 531390 148920 148920 396340 630 630 337000 135594 201406 201406 201406 596456 589058 7398 7398 EARLY UNWIND FEE 900099 10182 10182 LATE FEES 900099 2544 2544 12726 1391663 396340 0 222160 95454 78510 16944 585127 483226 101901 61730 49364 12366 53392 44094 9298 30078 15941 14137 31127 31127 42862 27532 15330 27951 27951 103222 31325 71897 119450 89515 29935 44892 33669 11223 18359 18230 129 5162 5162 51589 48931 2658 62097 49187 12910 CONSTRUCTION COSTS 137012 137012 PROGRAM FINANCING COSTS 92275 92275 REPAIRS AND MAINTENANCE 36061 36061 HOMEOWNER SERVICES 6248 6248 16900 3556 13344 1620988 1271541 349447 0 141803 29339 659572 537801 19291 42100 2984667 2767652 407667 440295 2061 1450110 411163 1148954 1038947 4555 34158 5368570 4890292 79305 68106 1215441 975410 9311 35608 1304057 1079124 X 3929013 3600458 135500 210710 4064513 3811168 5368570 4890292 X -229325 -24020 X 0 1 X 1 0 X 861415 1010739 611371 550638 773163 3807326 861415 1010739 611371 550638 773163 3807326 544201 3263125 115 147 181 534 630 1607 4286 15263 130361 10615 20124 180649 3989582 4936880 0.81790 0.87710 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 4,286. 2020 AMOUNT: $ 15,263. 2021 AMOUNT: $ 1,040. 2022 AMOUNT: $ 940. EARLY UNWIND FEE - 2023 AMOUNT: $ 10,182. LATE FEES - 2021 AMOUNT: $ 4,176. 2022 AMOUNT: $ 2,658. 2023 AMOUNT: $ 2,544. SALE OF INVENTORY - 2021 AMOUNT: $ 125,145. 2022 AMOUNT: $ 7,017. 2023 AMOUNT: $ 7,398. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 285143 285143 615288 207395 407893 92574 78032 14542 457105 125736 331369 1038947 OPERATING LEASE LIABILITY 34158 REFUNDABLE DEPOSITS 1450 35608 X 1980721 0 1980721 -589058 -589058 1391663 2234066 613078 613078 1620988 0 1620988 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED HABITAT TO BE EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND THE ORGANIZATION IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. HABITAT FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON HABITAT'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESTORE COST OF GOODS SOLD -589,058. PART XII, LINE 2D - OTHER ADJUSTMENTS: RESTORE COST OF GOODS SOLD 589,058. PROVISION FOR LOAN LOSS 24,020. X 574483 RESALE VALUE X 1 5500 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE AMOUNTS LISTED REPRESENT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1A THE DUTIES OF THE EXECUTIVE COMMITTEE ARE TO REPRESENT AND ACT ON BEHALF OF THE CORPORATION BETWEEN REGULAR MONTHLY MEETINGS, ON PERSONNEL RELATIONS AND REGULATIONS, BUDGET CONTROL, AND CONTRACTUAL RELATIONSHIPS WITH INDIVIDUALS, AGENCIES AND FIRMS. DUTIES ALSO INCLUDE NOMINATING AND TRAINING A SINGLE SLATE OF OFFICERS TO REPLACE THE OUTGOING CLASS OF DIRECTORS AT THE ANNUAL MEETING, TO NOMINATE PERSON FOR ELECTION BY THE BOARD OF DIRECTORS, AND TO NOMINATE OFFICERS AND PERSON TO FILL VACANCIES OCCURRING BETWEEN ELECTIONS. THE COMMITTEE MAY, AT THE DIRECTION OF THE BOARD, MEET IN LIEU OF THE REGULAR MEETINGS OF THE BOARD OF DIRECTORS AND SHALL HAVE THE AUTHORITY TO CONDUCT THE BUSINESS OF THE CORPORATION, AS PREVIOUSLY DIRECTED BY THE BOARD OF DIRECTORS. MEMBERSHIP SHALL BE COMPOSED OF ALL OFFICERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE EXECUTIVE DIRECTOR AND ALL BOARD MEMBERS BEFORE BEING SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NO MEMBER OF THE BOARD OF DIRECTORS OR STAFF CAN DERIVE ANY PERSONAL PROFIT OR GAIN, DIRECTLY OR INDIRECTLY, BY REASON OF HIS OR HER PARTICIPATION IN HABITAT FOR HUMANITY OF EAST POLK COUNTY, INC. EACH INDIVIDUAL SHOULD DISCLOSE ANY PERSONAL INTEREST WHICH HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE THE ORGANIZATION AND SHOULD REFRAIN FROM ANY DECISION IN SUCH MATTER. FAILURE TO APPROPRIATELY DISCLOSE OR MANAGE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST CAN CAUSE REPUTATIONAL DAMAGE TO THE HABITAT FOR HUMANITY BRAND AND CAN LEAD TO FRAUD. VIOLATION OF THIS CONFLICT OF INTEREST POLICY MAY RESULT IN DISCIPLINARY PROCEEDINGS, UP TO AND INCLUDING TERMINATION OF THE INDIVIDUAL'S EMPLOYMENT OR RELATIONSHIP WITH HABITAT EAST POLK. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR IS ON A YEARLY CONTRACT THAT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION IS DETERMINED BY A COMPARISON TO PAST PERFORMANCE EVALUATIONS. COMPENSATION DATA IS FROM HABITAT FOR HUMANITY INTERNATIONALS AFFILIATE SALARY AND BENEFITS SURVEY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR LOAN LOSSES -24,020.