Habitat for Humanity Central Arizona

“There shall be an executive committee consisting of the elected officers of the board of directors and the immediate past-chair (who shall be a nonvoting member of the executive committee) and any others as selected by the board chair and approved by the board of directors. The president/ceo of the corporation shall also be a nonvoting member of the executive committee. The executive committee is authorized to transact the business of the corporation between regular board of directors' meetings, making decisions which cannot wait for regular board of directors' meetings. Reports of actions taken shall be made at the next regular board of directors' meeting. Minutes of the executive committee must be kept. However all major financial, legal or administrative changes must be submitted for approval to the board of directors at a regular or specially called meeting. The executive committee plans and conducts the annual meeting of the board of directors.”

“Section 6.025 presiding over meetings. All annual, regular and special meetings of the board of directors shall be presided over by the board chair, or in the absence of the board chair, by the vice chair. If neither the board chair nor the vice chair is present at the meeting, the secretary of the board shall call the meeting to order, and in the absence of the secretary, the treasurer shall call the meeting to order. The first order of business for such meeting shall be to appoint by majority vote of the directors a chair pro tem to preside over that meeting. Upon appointment, the meeting shall proceed as scheduled.”

“Management reviews the 990 return for accuracy and completeness and then provides a draft copy to the finance commitee and board of directors for further review. A final 990 return draft (incorporating any changes as a result of the review) is provided to the finance committee and board of directors via email prior to filing the return with the irs.”

“Directors, officers and staff shall disclose in writing to the board of directors any person to whom they are closely related or any organization with which they are affiliated who or which presently transacts business with the corporation or a related entity or might reasonably be expected to do so in the future. Each disclosure shall be updated and resubmitted to the secretary of the board on an annual basis. If any conflicts are disclosed, they are submitted to the secretary. Upon the disclosure of an actual or potential conflict of interest of a director, officer or staff person, the board secretary will disclose the conflict to the board who can then vote on the conflict with the person in question excused from the room with the minutes reflecting the vote and that the interested party did not take part in the vote.”

“Compensation is determined by comparability data and salary surveys from local similar non-profits. The ceo salary is approved by the executive committee (or ceo search committee for new hires). On an annual basis, the executive committee reviews the ceo's salary and approves it with any annual increases. This is documented in the committee's meeting minutes. This process was last undertaken during the year 2024. Key employee compensation is compared periodically with data and salary surveys from local similar non-profits (asu loadstar survey) and compensation is approved by the ceo. The compensation decision is documented in the employee's personnel file. This process was last undertaken during the year 2024.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public through the organization's website or upon request.”

“Construction training program: the construction training program (ctp) is a workforce development initiative designed to prepare individuals regardless of prior experience for successful careers in the construction industry. Aligned with habitat for humanity's mission of building homes, communities, and hope, the program cultivates the next generation of skilled construction professionals through a blend of classroom instruction, hands-on lab practice, and on-site field experience. The ctp curriculum is based on the national center for construction education and research (nccer) standards, which have set the benchmark for construction education for nearly 30 years. Trainees earn nationally recognized and transferable credentials that are also stackable, allowing them to build upon their certifications as they continue their training and careers. Designed specifically for individuals with little to no construction experience, the program introduces participants to core construction concepts and skills. Beyond technical proficiency, the program emphasizes teamwork, problem-solving, and leadership traits essential for long-term success in the trades. Graduates of the program are equipped to pursue a variety of pathways including paid apprenticeships, employment in the construction field, service in the military, enrollment in advanced technical training programs, or continuing education at the college or university level. In fiscal year 2024, the construction training program served over 30 individuals, with 25 graduating. In addition, we placed 18 of the graduates.”

“Change in deferred gifts issuance discount on new note payable 2,175,339.”

“This process has not changed from the prior year.”