2011-01-10T18:23:57-06:00 2010-06-30 Watson & McDonell CPAs PLLC 1325 Fourth Avenue Suite 1705 Seattle WA 981012573 990 2009-07-01 911342397 Habitat for Humanity - Seattle South King County HABI 2062925240 15439 - 53rd Avenue South No B Tukwila WA 98188 Sharon Burke 2062925240 2011-01-10 1 Susan Reilly 2066242380 2011-01-03 2009 2016-02-24 21:20:13Z Martin Kooistra 15439 - 53rd Avenue South No B Tukwila WA 98188 8919434 0 X www.seattle-habitat.org X 1986 WA To work with low income families and the community to build simple, decent, affordable homes. 10 10 48 1865 0 0 2843779 4304077 1844970 2877441 74339 38359 -42699 12167 4720389 7232044 112965 206781 0 1366613 1324896 0 396617 3549259 4902800 5028837 6434477 -308448 797567 13292051 16147697 5315777 8394994 7976274 7752703 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 5727165 206781 2877441 With the support of over 1,800 volunteers who contributed over 44,000 hours this year, Habitat for Humanity Seattle/South King County provided housing opportunities for 13 households through new construction and renovation, including 8 homes certified as 3-star Built Green and our 1st LEED certified home, thus providing healthier and more sustainable housing in our community. The Home Improvement Outlet diverted 471 tons of surplus building materials from the landfill and provided an affordable resource for donated surplus building materials to community residents and other affordable housing providers. We also partnered with youth programs and other local service providers, including adults with disabilities and formerly homeless youth, to provide job skills training on our construction sites and at our retail outlet. In addition, we mentored and trained 26 households in areas ranging from financial management to energy conservation to home repair and maintenance with the goal of long-term homeownership success. 5727165 1 1 0 1 0 0 0 0 0 1 0 1 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 1 44 0 1 48 1 0 0 0 0 0 1 1 0 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 0 WA X X The Organization 2062925240 15439 - 53rd Avenue South No B Tukwila WA 98188 David Frum 1.00 X 0 0 0 Craig Klinkam 1.00 X 0 0 0 John Lamb 1.00 X 0 0 0 Jon Schmick 1.00 X 0 0 0 Janet Smith 1.00 X 0 0 0 Sam Sperry 1.00 X X 0 0 0 Linda Stalzer 1.00 X X 0 0 0 Gary Fallon 1.00 X X 0 0 0 Mike Quamma 1.00 X X 0 0 0 Lori Walker 1.00 X X 0 0 0 Martin Kooistra 40.00 X 118756 0 0 Sharon Burke 40.00 X 82038 0 0 200794 0 0 1 0 0 0 Tully Electric 12740 5th Ave NE Seattle WA 98101 Electric work on new home construction 159804 Brad Mason Trucking & Excavation 12828 Beverly Park Rd Mukilteo WA 98275 Excavation work on new home construction 139936 2 341486 756900 3205691 1967992 4304077 Sale of Homes 236000 2552315 2552315 Discount Amortization 531390 325126 325126 2877441 33376 33376 11484 11484 11484 11484 939922 934939 4983 4983 4983 26426 341486 26426 0 726025 726025 0 Miscellaneous 900099 683 683 683 7232044 2877441 0 50526 206781 206781 200795 52514 111216 37065 788019 584692 48600 154727 188230 141015 22948 24267 147852 110765 18026 19061 330 330 24500 24500 2961 2961 28119 850 10269 17000 43782 43782 89014 34039 47432 7543 6276 6276 106927 66562 20244 20121 52815 50856 1320 639 10105 10105 154550 154550 147624 142366 3179 2079 1774 1774 House building costs 2695240 2695240 Mortgage Discounts 1199250 1199250 Public Relations & Fund 113132 113132 Building Together LLC T 105917 105917 Other Program Costs 62964 62964 57520 56537 983 6434477 5727165 310695 396617 63675 139713 2908079 2734985 119531 77371 8644 247890 1628443 1473050 21210 30937 4563394 438795 4154082 4124599 887681 3349809 3500706 3969343 13292051 16147697 378248 348374 1047 19949 4706482 7971671 230000 55000 5315777 8394994 X 7772594 7699728 203680 52975 7976274 7752703 13292051 16147697 X 0 1 1 X 0 X 3087969 2820074 2400152 2844386 4279212 15431793 3087969 2820074 2400152 2844386 4279212 15431793 997605 14434188 108419 117783 187733 74339 44860 533134 371422 116265 67224 -42699 4442 516654 16481581 9518814 0.87580 0.90850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 1 1000 1 1 0 1000 0 Part IV, Supplemental Information: Staff and volunteers attended Housing Advocacy Day in Olympia. Staff and volunteers spent one evening calling voters to urge them to support the renewal of Seattle's Housing Levy. One staff member attended meetings of the Housing Levy steering committee. Habitat donated $1,000 to the "Yes for Homes" campaign to renew the Seattle Housing Levy. 0 1 1114295 1114295 2820730 259630 2561100 289655 32191 257464 285474 123344 162130 53240 23630 29610 4124599 Land Held for Sale & Development 74306 C Land Held for Development - Land Trust 770000 C Investment in Building Together LLC 436688 F Investment in HFHI-SA Leverage V LLC 2068815 C 3349809 Construction in Process 3774232 Deposits 7275 Homeowner reserve cash 20056 Construction Inventory 1258 New Markets Tax Credit Capitalized Fees 166522 3969343 7232044 6434477 797567 -6311 -1014827 -1021138 -223571 7216438 -6311 18531 -2961 9259 7207179 24865 24865 7232044 7440009 18531 1014827 1033358 6406651 27826 27826 6434477 Part IV, Line 1b: The organization maintains escrow accounts for 9 mortgages which are managed in-house. Part X: Description of Uncertain Tax Positions Under FIN 48: Income tax status 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 $67,307 and $54,305 for the years ended June 30, 2010 and 2009, respectively. Habitat's income tax filings are subject to examination by various taxing authorities. Habitat's open examination periods are 2006 through 2009. No tax related contingencies are known. Part XI, Line 8 - Other Adjustments: Land Impairment: -386960. Book Loss in excess of Tax Loss on Building Together LLC (land impairment): -627867. Part XII, Line 2d - Other Adjustments: Brokers Commission on Stock Sales: -2961. Part XII, Line 4b - Other Adjustments: Annual Benefit Expense: 24865. Part XIII, Line 2d - Other Adjustments: Book Loss in excess of Tax Loss on Building Together LLC (land impairment): 627867. Land Impairment: 386960. Part XIII, Line 4b - Other Adjustments: Brokers Commission on Stock Sales: 2961. Annual Benefit Expense: 24865. Annual Breakfast 217440 201964 15476 9122 15476 2643 Donor Private Event 82625 71675 10950 2244 10950 3403 1 67847 67847 933 6520 367912 341486 26426 11366 27359 12566 51291 -24865 0 Habitat for Humanity International 121 Habitat Street Americus GA 317093498 511914868 501(c)(3) 206781 Tithe to build homes in Mexico, Kenya, Tajikistan & the Philippines. X 1 24000 Fair Market Value X 1 934939 Fair Market Value X Software 2 27983 Fair Market Value X Windows 1 15000 Fair Market Value X Appliances 6 14474 Fair Market Value X Building Materials 10 20391 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. Form 990, Part VI, Section B, line 11 Reviewed by CFO, CEO, and the Board of Directors 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 Upon request Form 990, Part VII Compensation of Officers The 2009 W-2s reflect 54 weeks of pay rather than the standard 52 weeks. Martin Kooistra's 2009 W-2 includes $4,525 in relocation monies in addition to salary. The annual salary paid to Martin Kooistra in 2009 was $110,000 and the annual salary paid to Sharon Burke was $79,000 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 -105917 2434109 0 1 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 2068815 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HFHI-SA Investment Fund I LLC B 2068815