Greater Birmingham Habitat for Humanity

“Upon completion of the organization's irs form 990, the return is reviewed by senior management for accuracy and completeness. Once the senior management has reviewed and approved the form 990, the return is sent to the executive committee for review. The form 990 is then reviewed with the full board of directors, approved, and then posted to the organization's website for access by directors and the public.”

“The president & ceo and senior management regularly monitor the conflict of interest policy and responses to the policy acknowledgement to ensure no conflict of interest exists. In the case of potential conflicts of interest, multiple bids are required and the potentially interested party does not have any involvement in the awarding of bids. Full disclosure is made to those making the decision.”

“The executive committee of the board of directors, under direction of the chairman of the board of directors, annually reviews the compensation for the organization's president & ceo and approves any changes. The president & ceo reviews annually the compensation for other officers and senior management of the organization and approves any changes within the range permitted by the annual budget. The annual budget is approved by the board as a whole.”

“The organization makes its governing documents available to the public upon request. Financial statements are available to the public upon request for the same period of disclosure as set forth by irc section 6104(d).”

“The organization engages an independent cpa firm to audit its consolidated financial statements on an annual basis.”

“Habitat is committed to efficiency and transparency. We communicate with our supporters, donors and prospective donors by email, postal mail, phone, and other means, both to request contributions to our cause and to educate the public about habitat's year-round programs, volunteer opportunities and other events in local communities and around the world. These efforts help advance our mission to put god's love into action by bringing people together to build homes, communities and hope. As a result, in accordance with the financial accounting standards board guidelines and internal revenue service guidance, habitat allocates a portion of our fundraising costs to program services. As a nonprofit organization that is exempt from federal taxation, we ensure our donors' money is spent as efficiently and effectively as possible. Depreciation, insurance, and utilities are allocated based on square-footage used by each program. We allocate these costs in compliance with generally accepted accounting principles, or gaap across the program, management and general, and fundraising categories. Finally, some team members have responsibilities that cross over functional areas and are allocated based on estimates of time and effort.”