2025-05-23T10:59:53-05:00 2024-06-30 260793942 MARTIN SMITH & COMPANY CPAS PA 1212 HAYWOOD ROAD BLDG 100 GREENVILLE SC 296152200 990 2023-07-01 570916245 HILTON HEAD REGIONAL HABITAT FOR HUMANITY INC HILT 8436815864 PO BOX 2747 BLUFFTON SC 29910 BRENDA DOOLEY EXECUTIVE DIRECTOR 8437575864 2025-05-23 1 0 DAVID A SMITH P00045703 8642321040 2023 2025-03-06 01:10:19Z BRENDA DOOLEY 21 BRENDAN LANE BLUFFTON SC 29910 6881053 0 X WWW.HABITATHHI.ORG X 1986 SC TO ELIMINATE POVERTY HOUSING AND HOMELESSNESS BY CONSTRUCTING MODEST, BUT ADEQUATE HOMES AT REDUCED COSTS TO THE BUYER 14 14 27 400 0 0 864188 3565578 1844970 2801686 212077 456563 -18930 18921 2902305 6842748 0 0 0 0 751642 1264892 0 0 195875 1711239 1883410 2462881 3148302 439424 3694446 7985556 14612755 1638199 1523449 6347357 13089306 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. HILTON HEAD REGIONAL HABITAT FOR HUMANITY AFFILIATE 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 2526696 2801686 SEE SCHEDULE OHOMEOWNERSHIP PROGRAM: HABITAT FOR HUMANITY OF THE LOWCOUNTRY PROVIDES FAMILIES IN NEED OF A DECENT PLACE TO LIVE SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH INDIVIDUALS, BUSINESSES, CHURCHES, AND COMMUNITIES. 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 ENCOURAGES 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, HILTON HEAD REGIONAL HABITAT FOR HUMANITY CLOSED ON TWO HOUSES SERVING EIGHT INDIVIDUALS AND ALSO MANAGED THE SERVICING OF 126 MORTGAGES. 2526696 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 27 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 SC X BRENDA DOOLEY 8436815864 21 BRENDAN LANE BLUFFTON SC 29910 PAUL H CALE CHAIRMAN 5.00 X X 0 0 0 CARSON BRUCE VICE CHAIE 5.00 X X 0 0 0 HARRY WILLIAMS SECRETARY 5.00 X X 0 0 0 VERONICA NAVARRO TREASURER 5.00 X X 0 0 0 KEVIN ANTON MEMBER AT LARGE 5.00 X 0 0 0 LAURA ANN BUSH MEMBER AT LARGE 5.00 X 0 0 0 TOM DE MINT MEMBER AT LARGE 5.00 X 0 0 0 NANCY GUTIERREZ MEMBER AT LARGE 5.00 X 0 0 0 REIF MARLER MEMBER AT LARGE 5.00 X 0 0 0 DEBORAH MARTIN MEMBER AT LARGE 5.00 X 0 0 0 BROOKE MINGLEDORF MEMBER AT LARGE 5.00 X 0 0 0 PAM NEWMAN MEMBER AT LARGE 5.00 X 0 0 0 MEREDITH OLIVER MEMBER AT LARGE 5.00 X 0 0 0 SHELLIA WARD-JENKINS MEMBER AT LARGE 40.00 X 0 0 0 BRENDA J DOOLEY CEO 1.00 X 100373 0 9076 100373 0 9076 1 0 0 0 0 97478 3468100 3565578 RESTORE SALES 459510 2078440 2078440 HOME SALES 531390 435000 435000 OTHER REVENUE 900099 288246 288246 2801686 456563 456563 57226 97478 38305 18921 18921 6842748 2801686 0 475484 1074052 815996 143233 114823 104472 79371 13932 11169 86368 65617 11518 9233 14020 14020 64790 64790 387429 212880 113899 60650 154895 90556 64339 69909 69909 89033 89033 57657 57657 COST OF CONSTRUCTION 607864 607864 MORTGAGE DISCOUNTS 254460 254460 FAMILY SERVICES 101527 101527 CONTRIBUTIONS 52500 52500 29326 29326 3148302 2526696 425731 195875 631566 804313 1660947 4690046 57808 105089 2200245 3070740 1754743 2070918 26879 39258 3384357 580768 1651368 2803589 990047 2000 38755 7985556 14612755 18220 21540 10445 25120 1609534 1476789 1638199 1523449 X 4250436 8790335 2096921 4298971 6347357 13089306 7985556 14612755 X 3694446 3047503 X 0 1 X 0 0 X 360960 620183 542539 864188 3622804 6010674 865729 1910104 1875765 1844970 2801686 9298254 1226689 2530287 2418304 2709158 6424490 15308928 0 0 0 15308928 301482 166714 173670 212077 456563 1310506 301482 166714 173670 212077 456563 1310506 15725 49271 64996 1528171 2712726 2641245 2921235 6881053 16684430 0.91760 0.89580 0.07850 0.09850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 895484 895484 2140416 373718 1766698 348457 207050 141407 2803589 INVESTMENTS - CDS AND MONEY MARKET 990047 F 990047 X 6881053 38305 38305 6842748 0 6842748 3186607 38305 38305 3148302 0 3148302 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF FASB ASC. THIS GUIDANCE ADDRESSES THE ACCOUNTING UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE-LIKELY-THAN-NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT ALSO PROVIDES RELATED GUIDANCE ON MEASUREMENT CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. THE ORGANIZATION HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL AND DISCLOSURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE IN 990 38,305. MERGER WITH AFFILIATE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE IN 990 38,305. GOLF TOURNAMENT 68239 52039 16200 900 600 6975 3825 763 TURKEY TROT 37620 1494 36126 4456 1 48845 43945 4900 10487 10299 154704 97478 57226 900 600 6975 14312 15518 38305 18921 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS IS PROVIDED A DRAFT COPY OF THE TAX RETURN, A COPY OF THE ANNUAL FINANCIAL STATEMENTS, AN EXPLANATION OF THE RETURN, WITH ANY QUESTIONS OR CONCERNS BEING RESOLVED PRIOR TO THE FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES REVIEW THE CONFLICT OF INTEREST POLICY AT THE ANNUAL ORGANIZATIONAL MEETING, AT WHICH TIME APPROPRIATE DISCLOSURE TAKES PLACE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S KEY EMPLOYEES' COMPENSATION IS SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO ANYONE THAT REQUESTS SUCH INFORMATION EITHER IN PERSON OR THROUGH THE MAIL. FORM 990, PART XI, LINE 9: MERGER WITH AFFILIATE 3,047,503. GENERAL DISCLOSURES HABITAT HILTON HEAD 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 HILTON HEAD'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 HILTON HEAD 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 HILTON HEAD DIVIDES THE NUMBER OF HOURS SPENT ON A PROJECT OUTSIDE OF A STAFF MEMBER'S DESIGNATED EXPENSE CATEGORY BY THE TOTAL HOURS WORKED DURING THAT PERIOD AND ALLOCATES THAT PERCENTAGE OF COSTS TO THE APPROPRIATE EXPENSE CATEGORY. 990 PAGE 11, PART X, LINE 7, COLUMN B MORTGAGES RECEIVABLE: IF THE FAIR MARKET VALUE OF A HOME SOLD EXCEEDS THE FIRST MORTGAGE, THE ORGANIZATION OBTAINS A SECOND MORTGAGE FOR THE AMOUNT BY WHICH FAIR MARKET VALUE EXCEEDS THE FIRST MORTGAGE AMOUNT. THE SECOND MORTGAGE IS TO PROTECT THE VALUE OF THE COLLATERAL AND IS NOT RECORDED IN THE BOOKS AND RECORDS OF THE ORGANIZATION. THE SECOND MORTGAGE IS FORGIVABLE BASED ON THE SPECIFIED TERMS OF THE MORTGAGE AGREEMENT. SUCH TERMS GENERALLY CALL FOR FORGIVENESS BEGINNING IN YEAR TEN OF $1,000 OF THE SECOND MORTGAGE BALANCE ANNUALLY, OR FORGIVENESS BEGINNING IN YEAR FIVE OF 5% OF THE ORIGINAL SECOND MORTGAGE AMOUNT ANNUALLY. THE SECOND MORTGAGE WOULD BE EXERCISED AND COLLECTED ONLY IF THE HOME WAS SOLD, OR THE FIRST MORTGAGE WAS REFINANCED BEFORE THE SECOND MORTGAGE HAD BEEN FULLY FORGIVEN. TO DATE, THE ORGANIZATION HAS RARELY COLLECTED UNDER A SECOND MORTGAGE AGREEMENT. AT JUNE 30, 2021, THE ORGANIZATION HAD APPROXIMATELY $4,000,000 IN SUCH SECOND MORTGAGE BALANCES WHICH HAD NOT BEEN FORGIVEN.