Habitat for Humanity Inc

“The habitat for humanity, inc. (habitat) form 990 was prepared by representatives of the finance and legal departments for habitat for humanity international, inc. (hfhi). The completed version of form 990 was reviewed and approved by the habitat board of directors before it was filed with the internal revenue service.”

“Habitat for humanity, inc. (habitat) is related to habitat for humanity international, inc. (hfhi) with two hfhi employees serving as officers on habitat's board. Habitat is subject to the same policies that hfhi established, including a conflict of interest policy, the annual disclosures required, and the process for review and approval of any related party transactions. The audit committee of the hfhi board of directors, with the assistance of general counsel, oversees the submission of annual disclosures by the directors, officers, and key employees, reviews the disclosures to determine whether there are any interests that could give rise to conflicts and monitors overall compliance with the policy. If any actual or potential conflicts were to arise, the general counsel would work with the audit committee and the board management, as appropriate, to faciliate the assessment of the fairness of the transaction, recusing any interested parties from any deliberations or voting regarding the transaction and otherwise monitor compliance with the policy.”

“Habitat for humanity, inc. (habitat) is related to habitat for humanity international, inc. (hfhi). One board of directors/officers of habitat is a compensated employee of hfhi. Hfhi's human resources department participates in and purchases independent compensation surveys that list market salary practices of international non-profit organizations. Based on this review, the human resources department determines the market averages salary for the executive direct reports to the hfhi ceo and other officers and key employees, and compares the hfhi incumbent salaries. The hfhi senior director-total rewards/shared services reviews the analysis with the hfhi ceo and senior staff who make recommendations for their direct reports for the upcoming calendar year. These salaries are then finalized by the hfhi senior director-total rewards/shared services based on the independent benchmarking data and individual performance evaluations.”

“Habitat for humanity international, inc. (hfhi) makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“ROUNDING 1.”