2021-05-17T09:53:12-05:00 2020-06-30 540618213 HANTZMON WIEBEL LLP 818 EAST JEFFERSON STREET CHARLOTTESVILLE VA 22902 990 2019-07-01 541574925 GREATER CHARLOTTESVILLE HABITAT FOR HUMANITY INC GREA 4342939066 PO BOX 7305 CHARLOTTESVILLE VA 22906 DAN ROSENSWEIG PRESIDENT/CEO 4342939066 2021-05-12 1 MATTHEW J DEAN P00961509 4342962156 2019 2022-09-23 18:48:47Z DAN ROSENSWEIG PO BOX 7305 CHARLOTTESVILLE VA 22906 13710399 0 8545 X WWW.CVILLEHABITAT.ORG X 1991 VA SEE SCHEDULE O. 15 15 65 2045 0 0 4759444 10465507 674102 1200023 14454 14459 1288933 737599 6736933 12417588 20000 40000 0 0 2590569 2816332 169970 341161 668952 2326076 3892648 5106615 7090141 1630318 5327447 22240260 27719165 14205257 11844242 8035003 15874923 X SEE SCHEDULE O. 0 0 5790249 40000 1943730 SEE SCHEDULE O. 5790249 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 1 41 0 65 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 VA X THE ORGANIZATION 4342969066 PO BOX 7305 CHARLOTTESVILLE VA 22906 ROBERT WOOD CHAIR 5.00 X X 0 0 0 RAY MISHLER VICE-CHAIR 5.00 X X 0 0 0 STEPHEN COLGATE TREASURER 7.50 X X 0 0 0 LORI SCHWELLER SECRETARY 7.50 X X 0 0 0 DOUG GERNERT DIRECTOR 5.00 X 0 0 0 WILLIAM HUESTON DIRECTOR 5.00 X 0 0 0 ANNE TERNES DIRECTOR 7.50 X 0 0 0 CARTER HOERR DIRECTOR 5.00 X 0 0 0 ELVA MASON DIRECTOR 5.00 X 0 0 0 RICHARD TREMBLAY DIRECTOR 5.00 X 0 0 0 LEE RASMUSSEN DIRECTOR 5.00 X 0 0 0 FRED KARNAS DIRECTOR 5.00 X 0 0 0 YOLUNDA HARRELL DIRECTOR 5.00 X 0 0 0 GARY CHARLES DIRECTOR 5.00 X 0 0 0 CASS BAILEY DIRECTOR 5.00 X 0 0 0 DAN ROSENSWEIG PRESIDENT/CEO 40.00 X 143188 0 4627 JOHN DESMOND VP OPERATIONS/CFO 40.00 X 117799 0 1669 260987 0 6296 2 0 0 0 COMMUNITY COUNSELING SERVICES PO BOX 824885 PHILADELPHIA PA 19182 FUNDRAISING CONSULTANTS 275512 BRW ARCHITECTS 112 FOURTH STREET NE CHARLOTTESVILLE VA 22902 ARCHITECTS 157500 CHARLOTTESVILLE HEATING AND AIR 9483 HATTON FERRY RD SCOTTSVILLE VA 24590 HVAC 130115 3 26916 10438591 59936 10465507 SALE OF HOMES 230000 926970 926970 MORTGAGE DISCOUNT AMORTIZATION 525990 273053 273053 1200023 14459 14459 997996 1250190 -252194 -252194 -252194 0 26916 6108 -6108 -6108 1029696 36513 993183 993183 OTHER INCOME 900099 2718 2718 2718 12417588 1943730 0 8351 40000 40000 293754 175915 88126 29713 1958318 1667326 108600 182392 379861 305922 39824 34115 184399 119608 37657 27134 68624 28537 40087 40035 40035 341161 341161 49343 3985 32780 12578 27244 27244 62297 28071 15501 18725 56358 22398 28320 5640 356137 251914 104223 5274 5274 205116 205116 69294 69294 54152 11215 42937 COST OF HOMES SOLD 2503638 2503638 ABANDONMENT LOSS - LEAS 88039 88039 HOMEBUYER EXPENSES 68974 68974 OTHER EXPENSES 64605 20666 30918 13021 173518 152387 16658 4473 7090141 5790249 630940 668952 1357725 2145663 667293 6782677 4246926 1921188 31182 25855 6464 62328 1962818 549820 1556025 1412998 1447694 1447694 12926951 13920762 22240260 27719165 501876 689165 160836 26565 12843621 10394893 656771 717717 42153 15902 14205257 11844242 X 6776193 8846572 1258810 7028351 8035003 15874923 22240260 27719165 X 5327447 58839 2453634 X X 0 1 X 1 0 X 1962961 2936276 2570631 4759444 10465507 22694819 1962961 2936276 2570631 4759444 10465507 22694819 5108728 17586091 6706 148 64 5 6923 22701742 17683927 0.77470 0.93280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 200760 200760 1563532 413427 1150105 198526 136393 62133 1412998 1447694 C 1447694 HOMES UNDER CONSTRUCTION 2904590 LAND HELD FOR DEVELOPMENT 10898015 OTHER RECEIVABLES 108157 DEPOSITS 10000 13920762 DOWNPAYMENT - HOMES 15902 15902 X 12519048 58839 42621 101460 12417588 0 12417588 7044724 42622 42622 7002102 88039 88039 7090141 PART X, LINE 2: THE ORGANIZATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHINICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: STORE COST OF SALES NETTED ON 990 36,513. FUNDRAISING EXPENSES 6,108. PART XII, LINE 2D - OTHER ADJUSTMENTS: STORE COSTS OF SALES NETTED ON 990 36,513. FUNDRAISING EVENT EXPENSES 6,109. PART XII, LINE 4B - OTHER ADJUSTMENTS: ABANDONMENT LOSS SEPARATELY STATED ON FINANCIAL STATEMENTS 88,039. X X X X X X X 1 COMMUNITY COUNSELING SERVICE CO LLC 1667 K STREET NW SUITE 210 WASHINGTON DC 20006 SOLICITATION OF FUNDS 0 0 331192 -331192 HABITAT FOR HUMANITY VIRGINIA 4224 COX ROAD SUITE 137 GLEN ALLEN VA 23058 SOLICITATION OF GOVERNMENT GRANTS 0 0 9969 -9969 341161 -341161 VA RAKE-A-THON 26916 26916 531 5578 26916 26916 531 5578 6109 -6109 1 HABITAT FOR HUMANITY INTERNATIONAL 121 HABITAT STREET AMERICUS GA 31709 911914868 501(C)(3) 40000 BOOK VALUE ANNUAL TITHE PART I, LINE 2: THE ORGANIZATION MAKES AN ANNUAL TITHE TO HABITAT FOR HUMANITY INTERNATIONAL (HFHI). BECAUSE THE FUNDS ARE UNRESTRICTED TO HFHI, THE ORGANIZATION DOES NOT REQUIRE DOCUMENTATION OF USE OF THE FUNDS BY HFHI. LORI SCHWELLER BOARD SECRETARY 70262 LEGAL SERVICES 0 PART IV THE ORGANIZATION PAID THE BOARD SECRETARY FOR LEGAL SERVICES RELATED TO CLOSING ON THE SALES OF PARTNER FAMILY HOMES AND OTHER REAL ESTATE MATTERS. ADDITIONAL LEGAL SERVICES WERE DONATED BY THE BOARD SECRETARY. THIS ARRANGEMENT WAS DISCLOSED TO THE ORGANIZATION'S EXECUTIVE COMMITTEE AND FOLLOWS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. X 9 15460 FAIR MARKET VALUE X BUILDING MATERIALS 1 44476 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS ABOVE REPRESENTS THE TOTAL OF INDIVIDUAL GIFT TRANSACTIONS. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: HABITAT FOR HUMANITY OF GREATER CHARLOTTESVILLE BRINGS PEOPLE TOGETHER TO BUILD AND REBUILD HOMES AND COMMUNITIES WHILE CATALYZING NEW PATHWAYS TO SAFE, DECENT, AFFORDABLE HOUSING. OUR VISION IS A GREATER CHARLOTTESVILLE COMMUNITY WHERE EVERYONE CAN FIND A DECENT PLACE TO LIVE. WE ARE AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, A GLOBAL NETWORK WORKING TO END GLOBAL HOUSING POVERTY. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: HABITAT FOR HUMANITY OF GREATER CHARLOTTESVILLE BRINGS PEOPLE TOGETHER TO BUILD AND REBUILD HOMES AND COMMUNITIES WHILE CATALYZING NEW PATHWAYS TO SAFE, DECENT, AFFORDABLE HOUSING. OUR VISION IS A GREATER CHARLOTTESVILLE COMMUNITY WHERE EVERYONE CAN FIND A DECENT PLACE TO LIVE. WE ARE AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, A GLOBAL NETWORK WORKING TO END GLOBAL HOUSING POVERTY. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: THE ORGANIZATION'S HOMEOWNERSHIP PROGRAM BUILDS HOMES IN PARTNERSHIP WITH LOW-INCOME FAMILIES AND COMMUNITY VOLUNTEERS. HOMES ARE SOLD TO RESIDENTS WITH INCOMES LESS THAN 60% OF AREA MEDIAN INCOME. PARTNER FAMILIES EARN SWEAT EQUITY IN ORDER TO PURCHASE HOMES AT NO PROFIT BY MEANS OF A ZERO INTEREST MORTGAGE INDEXED TO THEIR INCOME AND ABILITY TO PAY. THE ORGANIZATION'S NEW STRATEGIC PLAN CONCENTRATES OUR ACTIVITIES INTO THREE AREAS: BUILDING, REBUILDING, AND HOUSING SYSTEM DEVELOPMENT. BUILDING: THROUGH PROJECT 20, THE ORGANIZATION'S PRIMARY GOAL IN THE FIRST REALM IS TO BUILD AND/OR RENOVATE AND SELL 20 HOMES EACH YEAR IN THE CHARLOTTESVILLE-ALBEMARLE COUNTY REGION. IN THIS REALM, MUCH OF THE FOCUS IS ON INCREASING THE CAPACITY OF LONG-TIME LOW-INCOME RESIDENTS TO STAND ON THEIR OWN. IN EXCHANGE FOR PARTNER FAMILIES' "SWEAT EQUITY," THE ORGANIZATION SELLS HOMES AT NO PROFIT AND ORIGINATES 0% LOANS SO THAT FAMILIES EARNING BETWEEN 25% AND 60% OF AREA MEDIAN INCOME CAN BECOME HOMEOWNERS. ADDITIONALLY, HABITAT DEVELOPS MIXED INCOME COMMUNITIES. TO DATE, HABITAT HAS BUILT OR BUILT IN NINE MIXED INCOME NEIGHBORHOODS. REBUILDING: THE ORGANIZATION IS FOCUSING ON THE HOLISTIC TRANSFORMATION OF THE SOUTHWOOD MOBILE HOME PARK INTO A SUSTAINABLE, 700-800 MIXED INCOME, MIXED USE COMMUNITY. IT IS ALSO STRATEGICALLY INVESTING AFFORDABLE HOMEOWNERSHIP IN OTHER KEY NEIGHBORHOODS IN THE REGION AND UTILIZING HOME REPAIR AS A FORCE MULTIPLIER FOR COMMUNITY IMPROVEMENT. HOUSING SYSTEM DEVELOPMENT: THE ORGANIZATION SEEKS TO CHANGE THE CONDITIONS THAT CONTRIBUTE TO HOUSING POVERTY BY WORKING STRATEGICALLY AND IN COALITIONS TO CATALYZE GREATER SECTOR COORDINATION, ADVOCACY, AND MARKETPLACE INNOVATION SO THAT EVERYONE HAS A PATHWAY TO SAFE, DECENT, AFFORDABLE HOUSING. THE ORGANIZATION IS COMMITTED TO ACHIEVING IMPACT AT SCALE. BY MAINTAINING AND LAUNCHING THE REDEVELOPMENT AND REVITALIZATION OF SOUTHWOOD MOBILE HOME PARK, A 120 ACRE, 341 PAD TRAILER PARK HOUSING APPROXIMATELY 1,500 LOW-INCOME RESIDENTS, THE ORGANIZATION WILL SECURE NON-DISPLACEMENT COST SAVINGS WORTH MORE THAN $21 MILLION. IN TOTAL, THE REDEVELOPMENT OF SOUTHWOOD IS ESTIMATED TO BRING $1.4 B IN LOCAL ECONOMIC IMPACT. IN ALL NEIGHBORHOOD REVITALIZATION EFFORTS, THE ORGANIZATION IS COMMITTED TO BOTH A NON-DISPLACEMENT MODEL AND AN ASSET-BASED COMMUNITY DEVELOPMENT APPROACH. IT HELPS FACILITATE LASTING CHANGE BY HELPING COMMUNITIES BUILD ON THEIR STRENGTHS, ENGAGING RESIDENTS AS PARTNERS AS THEY IMPROVE THEIR COMMUNITIES IN MULTIPLE SECTORS SUCH AS HOUSING, RECREATIONAL AMENITIES, SMALL BUSINESS INCUBATION, AND EDUCATIONAL OPPORTUNITIES, ETC. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS REVIEWED BY THE CEO, CFO, AND COMPLIANCE OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS REVIEW AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. IN ADDITION, DISCLOSURE OF CONFLICTS OF INTEREST ARE INCLUDED AT THE BEGINNING OF EVERY BOARD MEETING. THE TREASURER REVIEWS ALL TRANSACTIONS WITH RELATED PARTIES TO ENSURE COMPLIANCE. STAFF MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD USES COMPARABLE SALARY RATES FOR SIMILAR NON-PROFITS TO DETERMINE COMPENSATION FOR TOP MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 1023 AND FORM 990 ARE STORED AT THE ORGANIZATION'S OFFICE AND ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO FILED ANNUALLY WITH THE VIRGINIA DEPARTMENT OF AGRICULTURE, OFFICE OF CONSUMER AFFAIRS, AND IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS CAN BE DISTRIBUTED TO THE PUBLIC UPON REQUEST. IN ADDITION, THE GOVERNING DOCUMENTS ARE FILED ANNUALLY WITH THE VIRGINIA DEPARTMENT OF AGRICULTURE, OFFICE OF CONSUMER AFFAIRS, AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON SALE OF MORTGAGES RECEIVABLE 2,352,935. GAIN OF SALE OF LAND 100,699. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S PROCESS FOR SELECTION AND RETENTION OF INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR. SUNRISE PARK LLC 919 WEST MAIN STREET CHARLOTTESVILLE VA 22903 541574925 CONSTRUCTION OF OPERATIONS OF SUNRISE PARK DEVELOPMENT VA 21745 859316 SOUTHWOOD CHARLOTTESVILLE LLC 919 WEST MAIN STREET CHARLOTTESVILLE VA 22903 541574925 OPERATE SOUTHWOOD TRAILER PARK UNTIL FUTURE REDEVELOPMENT VA 1568979 8065762 BELMONT COTTAGES LLC 919 WEST MAIN STREET CHARLOTTESVILLE VA 22903 541574925 CONSTRUCTION OF BELMONT COTTAGES DEVELOPMENT VA CREATIVE HOUSING OF GREATER CHARLOTTESVILLE INC 919 WEST MAIN STREET CHARLOTTESVILLE VA 22903 541574925 SUPPORT HABITAT FOR HUMANITY OF GREATER CHARLOTTESVILLE VA HABITAT 991 FIFTH STREET 919 WEST MAIN STREET CHARLOTTESVILLE VA 22903 541574925 CONSTRUCTION OF FIFTH STREET DEVELOPMENT VA HFHI NMTC LEVERAGE LENDER 2013-1 LLC 270 PEACHTREE STREET NW SUITE 1300 ATLANTA GA 30303 383945196 NEW MARKETS TAX CREDITS FACILIATION GA RELATED 1 14454 1447694 0 0 0.09370 990 SCHEDULE R, PART VI THE ORGANIZATION PARTICIPATES IN THE NEW MARKETS TAX CREDIT (NMTC) PROGRAM. NMTC PROGRAMS WERE ESTABLISHED AS PART OF THE COMMUNITY RENEWAL TAX RELIEF ACT OF 2000. THE GOAL OF NMTC PROGRAMS IS TO SPUR REVITALIZATION EFFORTS IN LOW-INCOME AND IMPOVERISHED COMMUNITIES ACROSS THE UNITED STATES AND ITS TERRITORIES BY PROVIDING TAX CREDIT INCENTIVES TO INVESTORS IN CERTIFIED COMMUNITY DEVELOPMENT ENTITIES. THE TAX CREDIT FOR INVESTORS EQUALS 39% OF THE INVESTMENT, AND INVESTORS RECEIVED THE TAX CREDIT OVER A SEVEN YEAR PERIOD. A COMMUNITY DEVELOPMENT ENTITY (CDE) IS REQUIRED TO PARTICIPATE AND HAS THE PRIMARY MISSION OF PROVIDING FINANCING FOR REVITALIZATION PROJECTS IN LOW-INCOME COMMUNITIES. NMTC FINANCING ALLOWS ORGANIZATIONS SUCH AS HABITAT FOR HUMANITY AFFILIATES TO RECEIVE LOW-INTEREST LOANS OR INVESTMENT CAPITAL FROM CDES, PRIMARILY FINANCIAL INSTITUTIONS, WHICH ALLOW THEIR INVESTORS TO RECEIVE TAX CREDITS. AS A RESULT OF PARTICIPATION IN THE NMTC PROGRAM, THE ORGANIZATION RECEIVED A LOW-INTEREST LOAN. THE LOAN IS GUARANTEED BY HABITAT FOR HUMANITY INTERNATIONAL. THE LENDER PROVIDES ADMINISTRATIVE SUPPORT FOR THE NMTC PROGRAM ON BEHALF OF THE HABITAT AFFILIATES PARTICIPATING IN THE NMTC PROGRAM. IN CONNECTION WITH THE NMTC PROGRAM, THE ORGANIZATION AND EIGHT OTHER HABITAT AFFILIATES FORMED HFHI NMTC LEVERAGE LENDER 2013-1, LLC. HFHI NMTC LEVERAGE LENDER 2013-1, LLC IS A JOINT VENTURE THAT ALLOWS PARTICIPATING HABITAT AFFILIATES TO TAKE ADVANTAGE OF NMTC FINANCING. THE ORGANIZATION OWNS 9.37% OF HFHI NMTC LEVERAGE LENDER 2013-1, LLC, WHICH IT ACCOUNTS FOR USING THE EQUITY METHOD IN ORDER TO PRACTICE CONSISTENT REPORTING FOR THE INVESTMENTS.