2013-05-15T15:56:52-05:00 2012-06-30 721607347 Watson & McDonell PLLC 1325 - 4th Avenue Suite 1705 Seattle WA 981012528 990 2011-07-01 911342397 Habitat for Humanity - Seattle South King County HABI 2062925240 560 Naches Ave SW No 110 Renton WA 98057 Martin Kooistra 2062925240 2013-05-15 1 Susan Reilly P00531805 2066242380 2013-05-15 2011 2016-02-24 21:20:13Z X Martin Kooistra 5582336 0 X www.seattle-habitat.org X 1986 WA To work with low income families and the community to build simple, decent, affordable homes. 14 14 41 2123 0 0 3504177 2948267 2846259 1770241 16516 8847 85546 47400 6452498 4774755 108684 89868 0 0 1163949 1208004 13250 13250 476199 4796836 3232713 6082719 4543835 369779 230920 16230114 16007567 8110755 7657288 8119359 8350279 X Habitat for Humanity of Seattle/South King County is a community-based housing developer committed to ensuring simple, decent, affordable homeownership for all. Initiatives include:Building and renovating homes in partnership with diverse low-income working families, and selling the homes to those families at cost and with zero interest loans.Working within a coalition of agencies to improve housing conditions throughout entire communities. 0 0 3755874 89868 1781428 During the past year Habitat for Humanity Seattle/South King County engaged over 2,123 volunteers who contributed over 27,506 hours to support various affordable housing solutions including the construction of 5 new homes, renovation of 8 acquired foreclosed bank owned properties and the repair of 3 owner-occupied homes. This work was completed to meet LEED Gold and Built Green Standards. Our technical assistance program provided training to 17 households in 56 separate classes in the areas of energy conservation, financial management and home repair and maintenance.We engaged hundreds of volunteers to support neighborhood cleanup efforts in two neighborhoods. Our Store diverted 517 tons of material from the landfill and provided an affordable resource for donated or heavily discounted building materials to community residents and other associated affordable housing providers.Through our partners we supported 154 individuals who are at-risk or formerly homeless, disabled or struggle with the English language gain meaningful job skills training at our jobsites and retail outlet. 3755874 1 1 0 1 0 0 0 0 1 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 1 28 0 1 41 1 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 0 0 WA X The Organization 2062925240 560 Naches Ave SW No 110 Renton WA 98057 Linda Stalzer 1.00 X 0 0 0 Gary Fallon 1.00 X X 0 0 0 Lori Walker 1.00 X X 0 0 0 Mike Quamma 1.00 X X 0 0 0 David Vanderwarker 1.00 X X 0 0 0 Jeff Schaberg 1.00 X X 0 0 0 Sheila Burroughs 1.00 X 0 0 0 Jon Schmick 1.00 X 0 0 0 Larry Burrows 1.00 X 0 0 0 Ndudi Chuku 1.00 X 0 0 0 Doug Davies 1.00 X 0 0 0 Jennifer Davis Hayes 1.00 X 0 0 0 John Grogan 1.00 X 0 0 0 Roger van Oosten 1.00 X 0 0 0 Marty Kooistra 40.00 X 111885 0 0 Sharon Burke 40.00 X 60606 0 0 172491 0 0 1 0 0 0 0 203975 398025 2346267 963559 2948267 Sale of Homes 236000 1557264 1557264 Discount Amortization 531390 192950 192950 NMTC Revenue 900099 20027 20027 1770241 8847 8847 12316 0 12316 12316 12316 18480 203975 49813 -31333 -31333 768955 757768 11187 11187 Miscellaneous 900099 55230 55230 55230 4774755 1781428 0 45060 89868 89868 172492 73658 65268 33566 774413 522950 93907 157556 261099 189140 28225 43734 23500 23500 13250 13250 194245 65869 16194 112182 138451 64922 559 72970 103567 35437 58557 9573 160401 114757 19834 25810 174815 174815 158221 151196 3038 3987 House building costs 1785581 1785581 Mortgage Discounts 341238 341238 NMTC Costs 49008 49008 Store Expenses 39580 39580 64106 57855 2680 3571 4543835 3755874 311762 476199 112020 302067 2016453 1314373 33101 14795 263670 77091 2621733 3361777 64208 71999 39313 23118 4475628 699271 4022567 3776357 2895582 2878499 4161467 4187491 16230114 16007567 207705 240627 45586 3716 10617 7899334 7360458 8110755 7657288 X 7849359 8261794 270000 88485 8119359 8350279 16230114 16007567 230920 0 X 0 1 1 X 0 X 2400152 2844386 4304077 3504177 2948267 16001059 2400152 2844386 4304077 3504177 2948267 16001059 1318143 14682916 187733 74339 38359 16516 21163 338110 67224 -42699 15926 78082 55230 173763 16512932 11586512 0.88920 0.88030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 1 1 1 0 1 1000 0 1000 0 Part IV, Supplemental Information: Three volunteers and staff attended Housing and Homelessness Advocacy Day in Olympia. Information was provided to Board Members and volunteers on how they can advocate. Membership dues are paid to the Housing Development Consortium and the Washington Low Income Housing Alliance during this fiscal year totaling $6,800. A portion of these organizations work is to influence public opinion and a legislative body. 0 1 1114295 1114295 2957998 465879 2492119 3518 494 3024 346577 185108 161469 53240 47790 5450 3776357 Land Held for Sale & Development 79288 C Land Held for Development - Land Trust 770000 C Investment in HFHI-SA Leverage V LLC 2029211 C 2878499 Construction in Process 4036318 Deposits 9306 Homeowner reserve cash 21822 New Markets Tax Credit Capitalized Fees 120045 4187491 4774755 4543835 230920 230920 5731016 167160 789101 956261 4774755 0 4774755 5500096 167160 789101 956261 4543835 0 4543835 Part IV, Line 1b: The organization keeps escrow accounts for 14 mortgages which are managed in-house. We have 25 other loans we hold, but the collection and escrow accounts are managed by HomeStreet Bank. Description of Uncertain Tax Positions Under FIN 48: Part X: Habitat for Humanity of Seattle/South King County is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code. Habitat's wholly-owned subsidiary, Nevada Street LLC, is a disregarded entity for tax purposes. Habitat qualifies for the charitable contribution deduction under section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private foundation under section 509(a)(1). Sales tax from the Habitat Store sales collected and remitted to the State of Washington and local entities was $69,133 and $68,570 for the years ended June 30, 2012 and 2011, respectively. Habitat's income tax filings are subject to examination by various taxing authorities. Habitat's open examination periods are 2008 and thereafter. No tax related contingencies are known. Part XII, Line 2d - Other Adjustments: Outlet Cost of Goods Sold 757,768. Special Events 31,333. Part XIII, Line 2d - Other Adjustments: Outlet Cost of Goods Sold 757,768. Special Events 31,333. Annual Breakfast 200272 181792 18480 2710 600 20044 15010 Hard Hats & Sandals 17775 17775 8666 1 4408 4408 2783 222455 203975 18480 2710 600 22827 23676 49813 -31333 1 Habitat for Humanity International 121 Habitat Street Americus GA 317093498 511914868 501(c)(3) 89868 Tithe amount used to fund the building of Habitat homes in Mexico, Kenya, Cambodia and Tajikistan. 1 0 X Building Materials 100 185076 Fair Market Value X Office Supplies, Special Event, & Misc 4 12924 Fair Market Value X Outlet Donations 300 765559 Fair Market Value 0 1 1 Third Party Use: Part I, Line 32b: Second Use solicits donation of construction material which the proceeds can be designated as benefitting Habitat for Humanity of Seattle/South King County. Also, we participate in HfHI's Car for Homes program - car vehicle sales. Hired Lynch Resources to run a phone campaign for 4 weeks to solicit donations - Lynch was paid less than $15K. Form 990, Part VI, Section B, line 11 Reviewed by Director of Finance, CEO, and VP of Administration and Compliance Form 990, Part VI, Section B, line 12c Conflict of interest disclosure forms are filled out annually. Form 990, Part VI, Section B, line 15a The board reviews & decides CEO compensation. CEO approves all other employee compensation as part of annual budget process. Form 990, Part VI, Section C, line 19 Our Annual Audited Financial Statements are available on our website and Guidstar. Our governing documents and conflict of interest policy are not available to the public. Nevada Street LLC 15439 - 53rd Ave South Tukwila WA 98188 261429674 Real estate holding entity to purchase bldg to house a Home Imprvmnt Outlet WA Habitat for Humanity of SeattleSouth King County Building Together LLC 15439 53rd Avenue South Suite B Tukwila WA 98188 262159180 To partner with another Habitat affiliate to purchase land for development WA Related 0 1 0.50000 HFHI-SA Investment Fund I LLC 1307 Washington Ave Suite 300 St Louis MO 63103 272566284 Partner with 4 other Habitat affiliates to participate in a New Markets Tax MO Related 60389 2120345 0 0 0.18580 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0