Habitat for Humanity of Greater

“The organization's management first reviews form 990 and subsequently the draft copy of the form 990 is reviewed by key members of the finance committee and signed by the organization's treasurer or ceo.”

“The organization has a specific conflict of interest policy which is outlined in the by-laws and personnel manual. The by-laws are discussed and reviewed with each new board member during a board member orientation and new staff is provided a personnel manual at the time of employment. Acknowledgement of receipt and acceptance of the policy is required. Obligations regarding a conflict of interest are communicated to staff and board members and are reiterated throughout the year as necessary.”

“Ceo compensation is determined by the executive committee of the board of directors. The executive committee consists of the officers of the board of directors and serves as the human resource committee for the affiliate. The executive committee reviews the accomplishments of the ceo and compares the activities for the year against goals set by the board president for the ceo. The personnel policy of hfhgvc states that it is the goal of habitat for humanity of greater volusia county,inc. To advise employees of their performance on a repeated and on-going basis and to award promotions and pay raises in accordance with standards of fairness, available funds and with regard to merit. As a result, all staff members may receive a written performance appraisal on an annual basis. The ceo's performance apprasial will be performed by an ad hoc committee of the board of directors. All other employees will be appraised by the ceo or their immediate supervisor per section 6.02 of the personnel policy manual of habitat for humanity of greater volusia county, inc. Approved by the board on 3/25/02, and updated june 2005. The ad hoc committee (usually the executive committee of the board of directors), provides a written report to the ceo and a copy to the personnel file.”

“The organization makes governing documents and 990 information available to the public upon request.”

“Affordable housing is sold to those who qualify at no profit and with no interest charged. Volunteers provide most of the labor, and individuals, faith and corporate donors provide money and materials to build habitat houses. Partner families themselves invest hundreds of hours of labor - "sweat labor" - into building their homes and the homes of others. Their mortgage payments go into a revolving fund for humanity that is used to build more houses.”

“Affordable home building: for the current fiscal year, hfhgvc completed 5 homes which were sold to families. Because habitat is not a give-away program, families purchase the home from habitat at no profit and habitat provides a zero interest mortgage to the family for the life of the loan. Habitat also helps to secure any downpayment or first-time homebuyer assistance funding that the family may be qualified to receive. These funds help pay down a portion of the mortgage before the family even moves in,giving an opportunity to ensure that the affordability of this home is sustainable for the long- term. As the family makes their mortgage payments,all funds are used to help support the building of future habitat homes. Consequently, while two families were helped in this fiscal year, all families that work with habitat in the future are also assisted. Finally, a continuing significant program service is the on-going education for our homeowners, habitat wants each homeowner to be successful for the long-term and has found that it is important to define what is required in successful homeownership. Staff is involved in the development of the education program but also relies on the involvement of committee members and local community experts, to help facilitate that effort.”

“Operation and management of restore in direct support of the affordable housing program. The purpose of the restore is to raise funds for our affordable home building program and also to serve as an ambassador for the habitat mission. Sometimes a donor or customer to the restore first learns about the habitat mission and our local affiliate work in this manner. Many times these individuals become regular volunteers and/or donors to the program. The restore also serves the local community which is largely comprised of low-income households in that the restore sells donated building materials, home furnishings and appliances at prices that are on average 50-75% of what these items would cost new at retail price. The restore also provides an opportunity to recycle and reuse-saving landfill space and limits the impact on the environment.”

“Local partnerships with other agencies that provide services - assistance with maintenance and building repairs to families in need.”

“Donated cost of goods sold 718,331 fundraising expenses netted 13,122 cost of goods sold -718,331 fr costs netted with fr revenue -13,122 fundraising netted w/ fr revenue 0 depreciation adjustment -49,447 book / tax depreciation difference 49,447”