2012-05-14T12:59:00-05:00 2011-06-30 SANDBERG & CREEDEN PC 331 PAGE ST STE 2 STOUGHTON MA 020721172 990 2010-07-01 042994233 HABITAT FOR HUMANITY GREATER BOSTON INC HABI 6174232223 240 COMMERCIAL STREET BOSTON MA 02109 LARK PALERMO 6174232223 2012-05-04 true THERESA J CREEDEN CPA 7813440850 2012-05-11 2010 2016-02-24 21:20:13Z LARK PALERMO 240 COMMERCIAL STREET BOSTON MA 02109 2230159 false X WWW.HABITATBOSTON.ORG X 1987 MA THE ORGANIZATION HELPS LOW-INCOME FAMILIES BY BUILDING HOMES WITH VOLUNTEER LABOR, DONATED MATERIALS, AND CHARITABLE CONTRIBUTIONS. HABITAT CONDUCTS HOMEOWNERSHIP EDUCATION CLASSES AND SELLS ITS HOMES AT NO PROFIT. HABITAT ALSO PROVIDES AFFORDABLE NO-INTEREST FINANCING TO ELIGIBLE LOW-INCOME FAMILIES. 10 9 20 3000 0 1144516 1850456 8058 0 2733 703 732127 347825 1887434 2198984 0 0 580067 775489 0 285824 1546138 1792142 2126205 2567631 -238771 -368647 8891287 8838826 1214782 1530968 7676505 7307858 X THE ORGANIZATION HELPS LOW-INCOME FAMILIES BY BUILDING HOMES WITH VOLUNTEER LABOR, DONATED MATERIALS, AND CHARITABLE CONTRIBUTIONS. HABITAT CONDUCTS HOMEOWNERSHIP EDUCATION CLASSES AND SELLS ITS HOMES AT NO PROFIT. HABITAT ALSO PROVIDES AFFORDABLE NO-INTEREST FINANCING TO ELIGIBLE LOW-INCOME FAMILIES. false false 185444 THE ORGANIZATION SELECTS ELIGIBLE FAMILIES BASED ON THEIR LEVEL OF NEED, WILLINGNESS TO BECOME PARTNERS IN THE PROGRAM AND ABILITY TO REPAY THE NO-INTEREST LOAN. THE ORGANIZATION CONDUCTS TRAINING FOR SELECTED FAMILIES IN HOMEOWNERSHIP MATTERS, INCLUDING FINANCIAL LITERACY AND CREDIT. THE ORGANIZATION'S STAFF COUNSELS HABITAT FAMILIES ON CREDIT AND OTHER HOMEOWNERSHIP ISSUES THROUGHOUT THE TERM OF THEIR LOAN (TYPICALLY 20 YEARS). 1700149 THE ORGANIZATION OBTAINS BUILDING SITES AND DESIGNS AND BUILDS DECENT AND AFFORDABLE HOMES IN PARTNERSHIP WITH SELECTED LOW-INCOME FAMILIES AND VOLUNTEERS. 244516 THE HABITAT RESTORE IS A RETAIL BUSINESS THAT ACCEPTS DONATIONS OF NEW AND GENTLY-USED BUILDING MATERIALS, FURNITURE, APPLIANCES, AND HOUSEWARES AND RESELLS THEM TO THE GENERAL PUBLIC THROUGH A RETAIL STOREFRONT WAREHOUSE. RESTORES HELP TO PROTECT THE ENVIRONMENT BY KEEPING HUNDREDS OF TONS OF MATERIALS OUT OF OUR LANDFILLS AND IN THIS TIGHT ECONOMY THEY PROVIDE A LOW-COST OUTLET FOR HOME IMPROVEMENTS MATERIALS MAKING HOME RENOVATIONS AND IMPROVEMENTS MORE AFFORDABLE. 2130109 true true false false false false false false false false true false false false true false true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false false true 8 0 true 20 true false false false false true true true true false false false false false false X 10 9 false false false false false false false true true false false true true true true true true true true false MA X X X CORPORATION 6174232223 240 COMMERCIAL BOSTON MA 02109 JEFFREY N CARP 1.00 X 0 0 0 WILLIAM DISCHINO 5.00 X X 0 0 0 JAMES DEVER III 1.00 X 0 0 0 JAMES KIRBY 5.00 X X 0 0 0 SUSAN WINSTON LEFF 5.00 X X 0 0 0 MICHAEL LIU 1.00 X 0 0 0 MAHMOOD MALIHI 1.00 X 0 0 0 LARK PALERMO 40.00 X X 154758 0 6500 SUANNE STCHARLES 5.00 X X 0 0 0 HOWARD WAYNE 1.00 X 0 0 0 154758 6500 1 false true false 151107 1699349 271484 1850456 703 703 9000 151107 31175 -22175 -22175 SALE OF RESIDENTIAL UNITS 370000 370000 370000 2198984 348528 151608 60644 60643 30321 496462 358884 18805 118773 65228 43802 847 20579 62191 39265 9575 13351 13200 13200 111719 66384 22483 22852 3867 3867 79161 31829 4518 42814 11361 7871 699 2791 245857 220662 5761 19434 47364 33072 5957 8335 16728 16728 20772 11876 2322 6574 13286 6398 6888 COSTS OF HOMES SOLD 1134763 1134763 COST OF GOODS SOLD 44951 44951 TITHE EXPENSE 25755 25755 SITE CLEANING AND DISPOSA 13746 13746 APPLICANT COSTS 9612 9612 2567631 2130109 151698 285824 529744 353917 348372 520214 4952604 5130775 48652 51913 2788422 51007 3001287 2737415 10628 44592 8891287 8838826 87267 98158 1122339 1426485 5176 6325 1214782 1530968 X 7328133 6809526 348372 498332 7676505 7307858 8891287 8838826 -368647 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false 90000 90000 2417016 2417016 229289 16000 213289 52117 35007 17110 2737415 DEPOSITS 6325 6325 2198984 2567631 -368647 -368647 2322052 91893 31175 123068 2198984 2198984 2690699 91893 31175 123068 2567631 2567631 RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 SPECIAL EVENT EXPENSES 31,175 SPECIAL EVENT EXPENSES -31,175 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D SPECIAL EVENT EXPENSES 31,175 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D SPECIAL EVENT EXPENSES 31,175 AMERICAN DREAM 160107 151107 9000 31175 160107 151107 9000 31175 31175 -22175 X X X false false false false false false false false false LARK PALERMO 154758 6500 161258 148200 X RESTORE CGS 1 44951 SALES PROCEEDS X HOME CONSTRUCT 1 226533 ESTIMATED MARKET VALUE false false false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION HELPS LOW-INCOME FAMILIES BY BUILDING HOMES WITH VOLUNTEER LABOR, DONATED MATERIALS, AND CHARITABLE CONTRIBUTIONS. HABITAT CONDUCTS HOMEOWNERSHIP EDUCATION CLASSES AND SELLS ITS HOMES AT NO PROFIT. HABITAT ALSO PROVIDES AFFORDABLE NO-INTEREST FINANCING TO ELIGIBLE LOW-INCOME FAMILIES. EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS FORM 990, PAGE 1, PART I, LINE 6 THE ORGANIZATION HELPS LOW-INCOME FAMILIES BY BUILDING HOMES WITH VOLUNTEER LABOR. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B FORM REVIEWED BY MEMBERS OF THE BOARD'S EXECUTIVE COMMITTEE. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C ORGANIZATION BOARD OF DIRECTORS MUST APPROVE ALL CONFLICTS PRIOR TO ACTIVITY. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION FOR THE PRESIDENT AND CEO ANNUALLY. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B PRESIDENT/CEO IS THE ONLY EXECUTIVE COMPENSATION. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE AT THE MA SECRETARY OF STATE WEBSITE OR UPON REQUEST.