2020-11-16T09:22:30-06:00 2019-12-31 560574444 CHERRY BEKAERT LLP 221 W 6th Street Ste 1900 Austin TX 78701 990 2019-01-01 742373217 Austin Habitat for Humanity Inc AUST 5124728788 500 W Ben White Blvd Austin TX 78704 Phyllis Snodgrass CEO 5124728788 2020-11-12 1 Norman Trubee P00962119 5124796000 74.194.175.126 2020-11-12 15:20:25 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 86472BABD63B551805D182B648D7FCF54F1029D7 2019 2021-01-29 14:40:06Z Phyllis Snodgrass 500 W Ben White Blvd Austin TX 78704 16810905 0 X www.AustinHabitat.org X 1985 TX Through faith in action, Austin Habitat for Humanity brings people together to build homes, communities and hope. 28 28 91 11552 688127 0 5350893 6724317 1794011 2579019 795649 408388 2110825 1550289 10051378 11262013 0 0 0 0 4130341 4714817 104718 0 677627 3495698 5740458 7730757 10455275 2320621 806738 30971840 30167037 17751296 16139755 13220544 14027282 X Vision: A world where everyone has a decent, affordable place to live. Mission: Through faith in action, Austin Habitat for Humanity brings people together to build homes, communities and hope. 0 0 5429156 2579019 Home Construction - Home Construction Program for Austin Habitat for Humanity (AHFH) serves families earning 50% - 80% of median income. AHFH offers qualified families the opportunity to build and purchase a home at an affordable price with an affordable mortgage payment. AHFH homes earn 3 stars under the Austin Green Building Program, lowering utility costs and improving the environment. Partner families donate 300 'sweat equity' hours toward the construction of other partner homes as well as their future home. Partner families also participate in 8 courses of homebuyer education and financial literacy education to prepare for the transition to homeownership. Counseling and other assistance is offered throughout their homeownership. The one-on-one housing counseling provided since 2004 has been key to sustaining the financial well-being of our partner families. AHFH homeownership and financial/credit counseling services are also provided for families who enter the program but aren't qualified at the time of application.Home Repair - AHFH offers a home repair program, providing an average of $15,000 in exterior and/or interior home repair for qualified non-habitat homeowners. As with the Home Construction Program, AHFH engages community volunteers to provide construction labor, thus reducing the cost of the repairs and maximizing the use of contributed or granted dollars. 3312279 Restore - AHFH has operated a Restore since 1991. Restore offers new and used home goods and building materials at a reduced rate for sale to the public. The recycling program has diverted 21,741,760 pounds from landfills since 1992. 8741435 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 34 0 1 91 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X Lori Steiner 5124728788 500 W Ben White Blvd Austin TX 78704 Heather Ladage Chair 1.00 X X 0 0 0 Curtis Page Immediate Past Chair 1.00 X X 0 0 0 Larry Smith Chair-Elect 1.00 X X 0 0 0 John Neff Treasurer 1.00 X X 0 0 0 David Osborn Secretary 1.00 X X 0 0 0 Robert Barnes Director 1.00 X 0 0 0 Joe Bland Director 1.00 X 0 0 0 Yvette Boatright Development Officer 1.00 X 0 0 0 Gaylon Boyd Director 1.00 X 0 0 0 Ken Corby Director 1.00 X 0 0 0 Kevin Cunningham Director 1.00 X 0 0 0 John Doucet Land Committee 1.00 X 0 0 0 Chris Engen Restore Expansion Committee 1.00 X 0 0 0 Hugh Forrest Director 1.00 X 0 0 0 Dr George Gau Emeritus Capital Campaign 1.00 X 0 0 0 Michael Golden Legal Officer 1.00 X 0 0 0 Jay Hartzell Director 1.00 X 0 0 0 Kyle Hoskins Ex-Officio Chair - HYP 1.00 X 0 0 0 Phil Hutchinson Director 1.00 X 0 0 0 Dana Leaman Director 1.00 X 0 0 0 David O'Neil Director 1.00 X 0 0 0 Estrella Posey Director 1.00 X 0 0 0 Cynthea Rhodes-Patterson Director 1.00 X 0 0 0 Ross Sabolcik Advocacy Committee 1.00 X 0 0 0 Valerie Salinas-Davis Executive Committee 1.00 X 0 0 0 Jeff Serra Emeritus 1.00 X 0 0 0 Anand Srinivasan Director 1.00 X 0 0 0 Shelli Taylor Director 1.00 X 0 0 0 Sherine Thomas Director 1.00 X 0 0 0 Joe Tracy Executive Committee 1.00 X 0 0 0 Dan Young Director 1.00 X 0 0 0 Phyllis Snodgrass CEO 45.00 1.00 X 186108 0 40949 Lori Steiner CFO 45.00 1.00 X 136536 0 31086 Mary Campana VP Development 45.00 X 115640 0 12827 438284 0 84862 3 0 1 0 CL West Construction LLC 1610 Sunrise Terrace Lockhart TX 78644 Concrete work for new construction 340909 ASAP Personnel Services 10301 N rodney Pargam Rd Ste A3 Little Rock AR 72227 Temporary employees 296197 Joe Bland Construction LP PO Box 3169 Pflugerville TX 78691 Construction 172357 CHABERT PLUMBING 305 EAST ST ELMO ROAD Suite 10 Austin TX 78745 Plumbing 154154 4 634577 6089740 3583725 6724317 Sales of homes 531390 2579019 2579019 2579019 25268 25268 12800 0 12800 12800 12800 1519798 1136678 383120 383120 383120 475058 69153 405905 405905 5031188 4343061 688127 688127 Management fee 900099 270588 270588 Other Income 900099 165714 165714 CCML Leverage II LLC 900099 7155 7155 443457 11262013 3015321 688127 834248 394681 294613 61339 38729 3305078 2467106 513657 324315 759728 583355 115740 60633 255330 185937 41438 27955 15000 15000 205373 92378 91852 21143 216124 122854 892 92378 277911 210529 54912 12470 59166 43953 4358 10855 443508 431044 7217 5247 71335 49346 17979 4010 31166 14577 13790 2799 289070 214497 59872 14701 77008 77008 255993 229304 15259 11430 137075 132280 2266 2529 Cost of Homes Sold 2668810 2668810 Loan discounts and amor 433850 433850 Home Repair Program 372744 369709 1044 1991 Other expenses 70933 22223 7200 41510 115392 83062 27398 4932 10455275 8741435 1036213 677627 1685342 1993023 631505 477885 228894 407794 9717142 10546396 808029 842554 396443 326092 16336500 1451245 14185946 14885255 15454 16204 1431009 0 89539 0 1782537 671834 30971840 30167037 852082 723155 2703768 3130982 5457871 8033608 1337822 6161838 5489925 17751296 16139755 X 11553524 12382808 1667020 1644474 13220544 14027282 30971840 30167037 806738 0 X X 0 1 X 1 0 X 3772073 5670893 5013678 5346896 6724317 26527857 3772073 5670893 5013678 5346896 6724317 26527857 26527857 13136 37409 41203 38735 38068 168551 26696408 14245411 0.99370 0.99430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 15000 0 0 0 15000 0 Part II-B, Line 1: In 2019 Austin Habitat supported affordable housing activities that impact the affordable housing crisis in their service area. The organization also consults on rewriting the City of Austin's land use code to allow for more affordable home ownership opportunities. The organization informs the public, reviews policy and recommends policy at the City and Federal level. Thus far these efforts have had no direct bearing on any grants or funding received from the City of Austin by Austin Habitat. 0 0 8751778 8751778 6778684 1297019 5481665 510547 97687 412860 295491 56539 238952 14885255 Intercompany Payable 5267678 Capital Lease Liability 222247 5489925 X 8228506 821603 69153 890756 7337750 3924263 3924263 11262013 7421768 821603 69153 890756 6531012 3924263 3924263 10455275 Part X, Line 2: The Organization is subject to federal income taxes on unrelated business income, which consists of ReStore sales of purchased materials. As of December 31, 2019, and 2018, the Organization has incurred cumulative net operating losses of approximately $2,586,600 and $2,478,000, respectively, for federal income tax purposes. These net operating losses may be used to offset future taxable unrelated business income. If not utilized, approximately $2,182,000 of these losses will expire in the years 2027 through 2036. The remaining $404,600 will be carried forward indefinitely. A full valuation allowance has been recorded as utilization is uncertain. The net change in the total valuation allowance for the years ended December 31, 2019 and 2018 was approximately $108,600 and $115,000, respectively. The Board assesses uncertainties in income taxes in its consolidated financial statements and uses a threshold of more-likely-than-not for recognition and derecognition of tax positions taken. Management determined no uncertain tax positions have been taken. There is no provision or liability for federal income taxes in the accompanying consolidated financial statements related to the Organization. AHFH, the Alliance, and HomeBase file Form 990 tax returns in the U.S. federal jurisdiction and are subject to routine examinations of its returns. However, there are no examinations currently in progress. The Board's management believes it is no longer subject to income tax examinations for years prior to 2016. Part XI, Line 2d - Other Adjustments: Reclassed Fundraising Expenses 69,153. Reclassed Rent Expenses Part XI, Line 4b - Other Adjustments: Book/Tax Difference in Flow-Through Investments Reclassed expense from the sale of homes 3,924,263. Part XII, Line 2d - Other Adjustments: Reclassed Fundraising Expenses 69,153. Reclassed Rent Expenses Part XII, Line 4b - Other Adjustments: Reclassed expense from the sale of homes 3,924,263. Part IV, Line 1B: Homebuyer clients are required to participate in financial literacy courses to prepare for the transition to homeownership. Financial counseling is also offered throughout their homeownership. Financial and credit counseling are provided for other families who enter the Homebuyer Program. Austin Habitat for Humanity services the mortgages they hold for homes sold to homeowner/clients in the program through a contract with Amerinational. The homeowners remit their mortgage payment, including escrow for taxes and insurance, to Amerinational who retains the funds and remits the payments for taxes and interest on behalf of the homeowner. Blue Prints and Blue Jeans 475058 475058 69153 475058 475058 69153 69153 405905 X X 0 0 0 0 0 0 0 0 0 Phyllis Snodgrass CEO 158808 0 27300 0 0 0 25000 0 15949 0 227057 0 0 0 Lori Steiner CFO 124980 0 11556 0 0 0 25000 0 6086 0 167622 0 0 0 A Walis Cultural Education Facilities Finance Corporation 760599530 000000000 2019-12-30 7250000 Refinance bond issued 08/04/2014 and for the construction a new warehouse 0 0 0 A 5457872 144952 4701251 611669 2014 1 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 Form Sch. K Part I Line 3: Of the $7,250,000 of bond issued, only $5,457,871 was received by year end. X Inventory 17575 3250770 Estimated FMV X Bldg Material 72 332955 Estimated FMV 0 1 0 Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the CEO, CFO, and Finance Committee and then provided to the entire board. Form 990, Part VI, Section B, line 12c New board members receive a copy of the policy in their initial package of governing documents at orientation. The board also reviews every covenant arrangement with Habitat for Humanity International before signing the covenants. Form 990, Part VI, Section B, line 15 Compensation of the CEO is determined by the Compensation Committee of the Board of Directors. They perform a 360 performance review and compare compensation against other for profit and not for profit business leaders. Compensation of the key employees is determined by the CEO, who compares compensation against other for profit and not for profit employees in similar roles. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Austin Neighborhood Alliance for Habitat 310 Comal Suite 100 Austin TX 78702 203364281 Affordable Home Ownership TX 501(c)(3) 509(A)(3) Type I Austin Habitat for Humanity Inc 0 HomeBase Texas - FKA Austin People Trust 310 Comal Suite 100 Austin TX 78702 204467651 Affordable Home Ownership TX 501(c)(3) 509(A)(3) Type I Austin Habitat for Humanity Inc 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 HomeBase Texas - FKA Austin People Trust Q 270588 Cost