2026-03-27T08:42:03-04:00 2025-06-30 461335331 ALTRUIC ADVISORS CPAS 417 FOREST AVENUE PLYMOUTH MI 48170 990 2024-07-01 382874694 HABITAT FOR HUMANITY OF HURON VALLEY HABI 7346771558 950 VICTORS WAY SUITE 50 ANN ARBOR MI 48108 SARAH STANTON CEO 7346771558 2026-03-26 true false RYAN N HAGAN CPA P00293011 8882985297 2026-03-26 2024 2025-03-06 01:10:19Z SARAH STANTON 950 VICTORS WAY SUITE 50 ANN ARBOR MI 48108 8004881 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 42 3483 0 4501932 5014109 2624113 2381113 69481 73658 29028 507510 7224554 7976390 1663186 2121527 0 2795236 2869617 0 597433 2430482 2432104 6888904 7423248 335650 553142 10925387 9591824 4638047 2751342 6287340 6840482 X HABITAT FOR HUMANITY OF HURON VALLEY EXISTS TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS IN THE GREATER WASHTENAW COUNTY AREA. false false 862961 1007582 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. 2577887 103418 1261728 HOME CONSTRUCTION: HOME OWNERSHIP PROGRAM (HOP)- HHHV PARTNERS WITH FAMILIES TO BUILD A NEW LIFE FOR THEMSELVES THROUGH DECENT, AFFORDABLE HOMEOWNERSHIP. WE CONSTRUCT NEW HOMES AND 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 290 HOMES TO NEW OWNERS UNDER THIS PROGRAM. 2724127 2018109 2900 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 - WHERE 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 LOW-INCOME RESIDENTS BY MAKING HOMES 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 1582 FAMILIES COUNTY-WIDE WITH SUBSTANTIAL PROJECTS INCLUDING VETERAN REPAIRS, WEATHERIZATION WORK, INSULATION, AND/OR FURNACE REPLACEMENTS. DURING THE SAME PERIOD, HHHV HAS ALSO WORKED WITH AN ADDITIONAL 9064 FAMILIES WITH SMALLER PROJECTS INCLUDING FURNACE TUNE-UPS, NEW REFRIGERATORS, AND EXTERIOR HOME IMPROVEMENTS. IN FY2025 HHHV HAS SERVED 127 FAMILIES WITH 339 PROJECTS AND ASSISTED AN ADDITIONAL 441 FAMILIES WITH PROJECTS. THESE PROJECTS HELPED MANY FAMILIES SAVE AN AVERAGE OF 500 PER YEAR IN UTILITY COST. 119029 108903 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. VOLUNTEER ENGAGEMENT IN FY25 HHHV ENGAGED WITH 3483 VOLUNTEERS FOR 16149 HOURS ACROSS ALL PROGRAMS AND COMMITTEES. HHHV UTILIZES A DONOR DATABASE TO TRACK THESE VOLUNTEERS, AND THIS NUMBER REPRESENTS THE TOTAL NUMBER OF VOLUNTEER DAYS MULTIPLIED BY THE VOLUNTEERS WHICH ARE PRESENT FOR EACH VOLUNTEER DAY. IN THIS METHOD A SINGLE VOLUNTEER WILL BE COUNTED FOR EACH EVENT OR DAY IN WHICH THEY WERE PRESENT. TRANSPARENCY HHHV IS COMMITTED TO EFFICIENCY AND TRANSPARENCY. WE COMMUNICATE WITH OUR SUPPORTERS, DONORS AND PROSPECTIVE DONORS BY EMAIL, SOCIAL MEDIA, POSTAL MAIL, PHONE, AND OTHER MEANS, BOTH TO REQUEST CONTRIBUTIONS TO OUR CAUSE AND TO EDUCATE THE PUBLIC ABOUT HHHV'S YEAR-ROUND PROGRAMS, VOLUNTEER OPPORTUNITIES AND OTHER EVENTS IN OUR LOCAL COMMUNITIES, AND AROUND THE WORLD. THESE EFFORTS HELP ADVANCE OUR MISSION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, SECURE FUTURES AND STRENGTHEN COMMUNITIES. AS A RESULT, IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDELINES AND INTERNAL REVENUE SERVICE GUIDANCE, HHHV ALLOCATES A PORTION OF OUR FUNDRAISING COSTS TO PROGRAM SERVICES. AS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXATION, WE ENSURE OUR DONOR'S 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 OUR PROGRAMS (INCLUDING RESTORE), MANAGEMENT AND GENERAL, AND FUNDRAISING CATEGORIES. FINALLY, STAFF MEMBERS HAVE RESPONSIBILITES THAT CROSS OVER FUNCTIONAL AREAS, AND THESE STAFF MEMBERS' TIME IS ALLOCATED ACROSS FUNCTIONAL AREAS BASED ON ALLOCATION TABLES BY PERCENTAGE OF EFFORT THAT ARE UPDATED REGULARLY. 119029 108903 6284004 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 true false false false true false false false false true 33 0 42 true false false false false false true true 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 181136 0 17549 RON THOMAS CFO/COO 40.00 X 185109 0 8647 ROB NISSLY CHIEF STRATE 40.00 X 171318 0 22523 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 TODD CLARK TREASURER 2.00 X X 0 0 0 BENJAMIN KRAMER DIRECTOR 1.00 X 0 0 0 STEVE MANGIGIAN DIRECTOR 1.00 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 MARIA EVANGELISTA-WADE DIRECTOR 1.00 X 0 0 0 TIM NEIMAN DIRECTOR 1.00 X 0 0 0 RICK JARZEMBOWSKI DIRECTOR 1.00 X 0 0 0 KERI MNDONALD DIRECTOR 1.00 X 0 0 0 MICHAEL CARROLL DIRECTOR 1.00 X 0 0 0 MICHELE MYERS DIRECTOR 1.00 X 0 0 0 MONSA MCLAIN DIRECTOR 1.00 X 0 0 0 ANTHONEY WILLIAMSON DIRECTOR 1.00 X 0 0 0 537563 48719 3 false true false 97571 1203908 3712630 81137 5014109 SALE OF HOMES 1261728 1261728 RESTORE SALES 1007582 1007582 LOAN DISCOUNT AMORTIZATION 108903 108903 HIP SALES 2900 2900 2381113 82418 82418 1450 10210 -8760 -8760 -210 -8550 97571 18281 -18281 -18281 GAIN ON DEBT FORGIVENESS 512015 512015 NEW MARKET TAX CREDIT FEE 11299 11299 OTHER REALIZED GAINS 2477 2477 525791 7976390 2380903 581378 2121527 2121527 556365 360393 139714 56258 1758649 1214539 210460 333650 90647 64359 15410 10878 280932 199558 48639 32735 183024 125685 26668 30671 39160 39160 53721 23558 24597 5566 26043 19620 2795 3628 85090 25473 7343 52274 88333 51581 17903 18849 249384 219928 14349 15107 7898 2352 5043 503 107927 107927 27000 27000 59155 44933 6275 7947 66009 47439 7886 10684 HOME CONSTRUCTION 1353916 1353916 BAD DEBT EXPENSE 73646 73646 RESTORE COSTS 44895 44895 TAXES AND FEES 30997 30997 118930 85518 14729 18683 7423248 6284004 541811 597433 1163653 1297896 836169 851019 919474 712598 1589533 1394359 2036114 2229768 46535 45504 453012 379399 110802 73613 1038722 1092969 39796 28497 3144589 1865601 10925387 9591824 477654 396509 39791 28491 5406 6962 3663561 1969073 451635 350307 4638047 2751342 X 5196689 6037962 1090651 802520 6287340 6840482 10925387 9591824 553142 X false true X true true true X 4811084 4438623 4484488 4501932 5014109 23250236 4811084 4438623 4484488 4501932 5014109 23250236 9338137 13912099 25220 36875 34285 69848 82418 248646 18338 18054 44953 524791 606136 17693 19967 17681 55341 24160359 13816259 0.57580 0.59700 X PART II, LINE 10 55,341 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 182893 156045 26848 270119 223354 46765 73613 INVESTMENT IN NMTC 1064051 LAND HELD FOR REDEVELOPMENT 373224 RIGHT TO USE ASSET 204619 OTHER RECEIVABLES 183586 INTEREST IN ASSETS HELD BY OTHERS 26691 DEPOSITS AND OTHER ASSETS 13430 1865601 OPERATING LEASE LIABILITY 204619 REFUNDABLE ADVANCE 145688 350307 8157288 180898 180898 7976390 7976390 7604146 180898 180898 7423248 7423248 SCHEDULE D, PAGE 2, PART IV, LINE 2B THE ORGANIZATION MAINTANS ESCROW ACCOUNTS. FALL BREAKFAST 50181 50181 5679 GOLF EVENT 47390 47390 12602 97571 97571 18281 18281 -18281 true DOWN PAYMENT ASSISTANCE 4 60000 CASH HABITAT MORTGAGE RELIEF 7 6098 CASH HIP GRANTS TO FAMILIES 441 2018109 CASH SHOP DPA GRANTS 4 7320 CASH ARP GRANTS TO FAMILIES 2 30000 CASH X false false false false false false false false false SARAH STANTON CEO 181136 9177 8372 198685 RON THOMAS CFO/COO 185109 8647 193756 ROB NISSLY CHIEF STRATEGY OFFIC 171318 8365 14158 193841 X BUILDING MATE 2 81137 FAIR VALUE false false false 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 CONSTRUCT NEW HOMES AND 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 290 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 - WHERE 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 LOW-INCOME RESIDENTS BY MAKING HOMES 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 1582 FAMILIES COUNTY-WIDE WITH SUBSTANTIAL PROJECTS INCLUDING VETERAN REPAIRS, WEATHERIZATION WORK, INSULATION, AND/OR FURNACE REPLACEMENTS. DURING THE SAME PERIOD, HHHV HAS ALSO WORKED WITH AN ADDITIONAL 9064 FAMILIES WITH SMALLER PROJECTS INCLUDING FURNACE TUNE-UPS, NEW REFRIGERATORS, AND EXTERIOR HOME IMPROVEMENTS. IN FY2025 HHHV HAS SERVED 127 FAMILIES WITH 339 PROJECTS AND ASSISTED AN ADDITIONAL 441 FAMILIES WITH PROJECTS. THESE PROJECTS HELPED MANY FAMILIES SAVE AN AVERAGE OF 500 PER YEAR IN UTILITY COST. 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. VOLUNTEER ENGAGEMENT IN FY25 HHHV ENGAGED WITH 3483 VOLUNTEERS FOR 16149 HOURS ACROSS ALL PROGRAMS AND COMMITTEES. HHHV UTILIZES A DONOR DATABASE TO TRACK THESE VOLUNTEERS, AND THIS NUMBER REPRESENTS THE TOTAL NUMBER OF VOLUNTEER DAYS MULTIPLIED BY THE VOLUNTEERS WHICH ARE PRESENT FOR EACH VOLUNTEER DAY. IN THIS METHOD A SINGLE VOLUNTEER WILL BE COUNTED FOR EACH EVENT OR DAY IN WHICH THEY WERE PRESENT. TRANSPARENCY HHHV IS COMMITTED TO EFFICIENCY AND TRANSPARENCY. WE COMMUNICATE WITH OUR SUPPORTERS, DONORS AND PROSPECTIVE DONORS BY EMAIL, SOCIAL MEDIA, POSTAL MAIL, PHONE, AND OTHER MEANS, BOTH TO REQUEST CONTRIBUTIONS TO OUR CAUSE AND TO EDUCATE THE PUBLIC ABOUT HHHV'S YEAR-ROUND PROGRAMS, VOLUNTEER OPPORTUNITIES AND OTHER EVENTS IN OUR LOCAL COMMUNITIES, AND AROUND THE WORLD. THESE EFFORTS HELP ADVANCE OUR MISSION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, SECURE FUTURES AND STRENGTHEN COMMUNITIES. AS A RESULT, IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDELINES AND INTERNAL REVENUE SERVICE GUIDANCE, HHHV ALLOCATES A PORTION OF OUR FUNDRAISING COSTS TO PROGRAM SERVICES. AS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXATION, WE ENSURE OUR DONOR'S 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 OUR PROGRAMS (INCLUDING RESTORE), MANAGEMENT AND GENERAL, AND FUNDRAISING CATEGORIES. FINALLY, STAFF MEMBERS HAVE RESPONSIBILITES THAT CROSS OVER FUNCTIONAL AREAS, AND THESE STAFF MEMBERS' TIME IS ALLOCATED ACROSS FUNCTIONAL AREAS BASED ON ALLOCATION TABLES BY PERCENTAGE OF EFFORT THAT ARE UPDATED REGULARLY. 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