2024-10-11T10:44:38-04:00 2024-06-30 541571464 CORBIN & COMPANY PC 501 INDEPENDENCE PARKWAY STE 275 CHESAPEAKE VA 23320 990 2023-07-01 541476409 HABITAT FOR HUMANITY OF SOUTH HAMPTON ROADS INC HABI 7576400590 900 TIDEWATER AVENUE NORFOLK VA 23504 FRANK HRUSKA EXECUTIVE DIRECTOR 7578370082 2024-10-10 true true JULIE L SOKOLOWSKI CPA P01328383 7574364577 2024-10-10 2023 2024-10-15 13:58:12Z FRANK HRUSKA 900 TIDEWATER AVE NORFOLK VA 23402 4007049 false X WWW.SHRHABITAT.ORG X 1987 VA TO CREATE HOUSING SOLUTIONS THAT STRENGTHEN FAMILIES AND COMMUNITIES IN SOUTH HAMPTON ROADS. THIS IS ACCOMPLISHED BY TWO INDEPENDENT, YET COMPLIMENTARY INITIATIVES: 1. BUILDING SAFE, DECENT AND AFFORDABLE HOMES THAT EMPOWER LOW-INCOME FAMILIES TO ACHIEVE THEIR DREAM OF HOMEOWNERSHIP. 2. MAKING ESSENTIAL HOME REPAIRS AND PROVIDING ADA ACCESSIBILITY FOR INCOME-CONSTRAINED SOUTH HAMPTON ROADS SENIORS, DISABLED AND/OR VETERAN HOMEOWNERS TO KEEP THEM WARM, SAFE AND DRY IN THEIR HOMES. 13 13 48 173 0 1735579 1881983 2214032 1974800 41834 47496 8562 40131 4000007 3944410 0 0 1068602 1125659 0 287348 2380155 2611264 3448757 3736923 551250 207487 6682513 6655716 1236996 948223 5445517 5707493 X TO CREATE HOUSING SOLUTIONS THAT STRENGTHEN FAMILIES AND COMMUNITIES IN SOUTH HAMPTON ROADS. THIS IS ACCOMPLISHED BY TWO INDEPENDENT, YET COMPLIMENTARY INITIATIVES: 1. BUILDING SAFE, DECENT AND AFFORDABLE HOMES THAT EMPOWER LOW-INCOME FAMILIES TO ACHIEVE THEIR DREAM OF HOMEOWNERSHIP. 2. MAKING ESSENTIAL HOME REPAIRS AND PROVIDING ADA ACCESSIBILITY FOR INCOME-CONSTRAINED SOUTH HAMPTON ROADS SENIORS, DISABLED AND/OR VETERAN HOMEOWNERS TO KEEP THEM WARM, SAFE AND DRY IN THEIR HOMES. false false 2269989 786477 HOUSING CONSTRUCTION AND REHABILITATION OF HOMES IN ORDER TO PROVIDE AFFORDABLE HOUSING FOR ECONOMICALLY DISADVANTAGED FAMILIES AT COST OR BELOW COST. 1100109 1188323 THE HABITAT OPERATES RE-STORES SELLING DONATED INVENTORY CONSISTING OF CONSTRUCTION MATERIALS, HOME FURNISHING, APPLIANCES, CLOTHING AND OTHER ACCESSORIES. 3370098 true true false false false false false false true true true false false true true true true false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false true 24 0 48 true false false false false false false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true true false VA X X THE ORGANIZATION 7576400590 900 TIDEWATER AVENUE NORFOLK VA 23402 BEN HUGER IV PRESIDENT 5.00 X X 0 0 0 KAREN TANNER VP AND SECRE 10.00 X X 0 0 0 CATHY HARRIS PRESIDENT EM 5.00 X X 0 0 0 MARY KATE ANDRIS BOARD MEMBER 5.00 X 0 0 0 SUSAN BRADSHAW CONST CHAIR 5.00 X 0 0 0 TAMESHA CLEMONS DEVELOPMENT 5.00 X 0 0 0 ALLEN GILBERT BOARD MEMBER 5.00 X 0 0 0 GERRI NORMAN BOARD MEMBER 5.00 X 0 0 0 KAYLA OLSON BOARD MEMBER 5.00 X 0 0 0 JACKIE PAOLELLA BOARD MEMBER 5.00 X 0 0 0 MARILEE PETERSON BOARD MEMBER 5.00 X 0 0 0 BRENDA PORTER-ROCKWELL BOARD MEMBER 5.00 X 0 0 0 MALIKA TRAYNHAM BOARD MEMBER 5.00 X 0 0 0 FRANK HRUSKA EXECUTIVE DI 60.00 X 70154 0 533 70154 533 false false false 5000 49262 618132 1209589 12500 1881983 RESTORE SALES 453310 1188323 1188323 HOME SALES 531390 590342 590342 MORTGAGE DISCOUNT AMORTIZATIO 522292 196135 196135 1974800 45516 45516 58898 531 57449 1449 531 1980 1980 41524 5000 5190 36334 36334 OTHER INCOME 3797 3797 3797 3944410 2026093 36334 70154 62437 3508 4209 949906 775208 2448 172250 13765 10275 168 3322 91834 76516 724 14594 22600 19504 2576 520 4602 4602 148500 70500 24000 54000 163 163 69994 49763 9608 10623 35770 21351 11484 2935 182421 175306 5871 1244 69251 68440 162 649 21746 21746 84960 76465 6797 1698 84566 76133 6746 1687 COST OF HOME SALES/CONSTR 1390574 1390513 61 DISCOUNTS ON MORTGAGES 328203 328203 FEES, LICENSES, TAXES 60767 55251 722 4794 PRODUCT COSTS 46031 46031 61116 46456 14660 3736923 3370098 79477 287348 1204961 735197 270481 193929 2121660 2208872 30977 31023 3277988 829761 2052563 2448227 1001871 1038468 6682513 6655716 98793 94208 816448 647654 321755 206361 1236996 948223 X 5042942 5107601 402575 599892 5445517 5707493 6682513 6655716 X 207487 49221 5268 X false true X true false X 1769775 1290698 2443066 1735579 1881983 9121101 1769775 1290698 2443066 1735579 1881983 9121101 1935854 7185247 1099 192 1215 45427 45516 93449 35334 35334 8562 3797 12359 9262243 5875338 0.77580 0.72810 X PART II, LINE 10 OTHER INCOME 12,359 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 63932 5268 69201 70049 -3267 2850 63932 64430 6519 70049 53221 11209 64430 55449 -2228 53221 1.00000 true false 22500 569000 591500 2464283 659667 1804616 136061 117350 18711 86144 52744 33400 2448227 INVESTMENTS 811244 OPERATING LEASE RIGHT OF USE 199766 OTHER RECEIVABLE 19712 ESCROW ADVANCES 7746 1038468 OPERATING LEASE CURRENT PORTION 109818 OPERATING LEASE, LESS CURRNT PORTION 96543 206361 X 3994297 49221 5268 54489 3939808 4602 4602 3944410 3732321 3732321 4602 4602 3736923 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ORGANIZATION'S ENDOWMENT CONSISTS OF DONOR-RESTRICTED FUNDS REPORTED IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AS A BENEFICIAL INTEREST NET ASSETS OF THE HAMPTON ROADS COMMUNITY FOUNDATION ("HRCF"), WHICH REPRESENTS NET CUMULATIVE TRANSFERS BY THE ORGANIZATION TO THE HAMPTON ROADS COMMUNITY FOUNDATION, AS WELL AS EARNINGS THEREON. THE ENDOWMENT IS RESTRICTED BY DONORS AND IS REPORTED AS NET ASSETS WITH DONOR RESTRICTIONS. HRCF HOLDS AND INVESTS THE FUNDS ON EHALF OF THE ORGANIZATION. HRCF HAS NO VARIANCE POWER OVER THE FUNDS. DISTRIBUTIONS FROM HRCF TO THE ORGANIZATION ARE DETERMINED ON THE BASIS OF THE HRCF'S SPENDING POLICIES AND ARE INTENDED TO FUND THE HOUSING PROGRAM AT THE DISCRETION OF THE ORGANIZATION'S BOARD. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF A NONEXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY, THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS; HOWEVER, ANY PENALTIES AND INTEREST INCURRED AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD BE RECORDED IN GENERAL ADMINISTRATION. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN BENEFICIAL INTEREST 5,268 YNOT EVENT 46524 5000 41524 5190 46524 5000 41524 5190 5190 36334 FORM 990 - ORGANIZATION'S MISSION TO CREATE HOUSING SOLUTIONS THAT STRENGTHEN FAMILIES AND COMMUNITIES IN SOUTH HAMPTON ROADS. THIS IS ACCOMPLISHED BY TWO INDEPENDENT, YET COMPLIMENTARY INITIATIVES: 1. BUILDING SAFE, DECENT AND AFFORDABLE HOMES THAT EMPOWER LOW-INCOME FAMILIES TO ACHIEVE THEIR DREAM OF HOMEOWNERSHIP. 2. MAKING ESSENTIAL HOME REPAIRS AND PROVIDING ADA ACCESSIBILITY FOR INCOME-CONSTRAINED SOUTH HAMPTON ROADS SENIORS, DISABLED AND/OR VETERAN HOMEOWNERS TO KEEP THEM WARM, SAFE AND DRY IN THEIR HOMES. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND CFO WHO THEN PROVIDE A COPY TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVEIEWED ANNUALLY WITH THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A IN SETTING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES AND THE EXECUTIVE DIRECTORS, COMPARABILITY DATA IS USED AND INPUTTED FROM INDEPENDENT PERSONS. THE BYLAWS STATE HOW THE SALARIES ARE SET BY THE BOARD OF DIRECTORS AND REVIEWED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15B IN SETTING COMPENSATION FOR OFFICERS OR KEY EMPLOYEES AND THE EXECUTIVE DIRECTORS, COMPARABILITY DATA IS USED AND INPUTTED FROM INDEPENDENT PERSONS. THE BYLAWS STATE HOW THE SALARIES ARE SET BY THE BOARD OF DIRECTORS AND REVIEWED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN BENEFICIAL INTEREST 5,268 HABITAT FOR HUMANITY INTERNATIONAL 121 HABITAT STREET AMERICUS GA 31709 911914868 HOUSING 501C3 7 N/A false HABITAT FOR HUMANITY VIRGINIA 4244 COX ROAD SUITE 137 GLEN ALLEN VA 23060 202832203 SUPPORT 501C3 7 N/A false false false true false false false false false false false false false false false false false false false false HABITAT FOR HUMANITY INTERNATIONAL C 49262 CASH