Habitat for Humanity Central Arizona

“Management reviews the 990 return for accuracy and completeness, and then provides a draft copy to the finance committee 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 committee and board via email prior to filing the return. The filed 990 return is presented at the next regularly scheduled meetings of the finance committee and board of directors.”

“Currently there are no ongoing conflict of interest transactions. If any conflicts are disclosed they would 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 personnel committee (or ceo search committee for new hires). Key employee compensation is compared annually with data and salary surveys from local similar non-profits (asu loadstar survey) and compensation is approved by the ceo.”

“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.”

“Habitat for humanity central arizona was the top producer of new and renovated homes out of the nearly 1,278 habitat for humanity affiliates in the united states for the fiscal year. For fy15-16 we built 24 new homes, renovated 7 homes and repaired 336 homes. Avondale - we completed 7 homes and started the remaining 10 homes in hillcrest village; our 37-home community that will be completed in fiscal year 16-17. Hillcrest village offers three - to five-bedroom single-family detached homes with garage and a hoa. Glendale - we completed three new homes and renovated two vacant homes, thanks to the generous support from the city of glendale. Mesa - one new home was constructed and one home was renovated in the city of mesa. Chandler - one new home was built in chandler, and in partnership with the city of chandler, habitat was able to reconstruct two homes in dire need of tear down and restoration. Peoria - habitat was able to build two new homes and renovate one home, thanks to the generous support of the city of peoria. Phoenix - we completed six new build homes and two renovations of vacant homes in the city of phoenix. Habitat continues to partner with the city of phoenix youthbuild program. Surprise - in partnership with the city of surprise, habitat reconstructed a home in dire need of tear down and restoration. Apache junction - 1 home was renovated in the city of apache junction. Casa grande - we returned to the city of casa grande this year, renovating one home. Repair - this year we continued our notable partnership with grand canyon university with our neighborhood revitalization product. With this partnership we were able to repair 49 homes in the canyon corridor this fiscal year. In el mirage, we continued to partner with southwest gas and help remove old water heaters, stoves and dryers and replace them with new appliances in 36 homes this year. Including our home repair program and the city of glendale and the city of chandler emergency home repair programs and the two partnerships mentioned above; we repaired 336 family homes. Additionally: we partnered with 6,990 volunteers who spent over 94,810 volunteer hours to help with home construction, property maintenance, committee work, office support, outreach, and customer service support in our restores. Because of their dedication to the habitat mission, habitat has realized a labor savings of $1,374,946. We served more than 108,531 customers at our restore locations, which generated over $146,604 to help further our mission. We have become a recognized leader in the construction and rehabilitation of homes that are registered as leadership in energy and environmental design (leed) certification. Our efforts benefit families who meet our qualifications: are u.s. Citizens or permanent residents. Are low income, meaning their annual gross household income is between 30% and 60% of the area median income for maricopa and pinal county areas, adjusted for family size. Have a two-year history of stable income. Monthly long-term debt payments, including prospective mortgage payment, are no more than 41% of a family's monthly gross income. Have an acceptable history of credit. Ability to pay closing costs (approximately $2,500). Are willing to contribute a minimum of 200-400 hours of sweat equity towards the construction or renovation of habitat homes. Attend required workshops for success in homeownership. Homeowners receive homeownership and financial fitness training which cover budgeting, credit, delinquency and foreclosure prevention, refinance, and anti-predatory lending counseling. Families learn how to prepare for closing day, and how to maintain the investment in their home. Approximately two hours of this class are allocated to the topic of predatory lending. Financial literacy training covers money management and financial planning skills. They also learn about cc&rs, hoa, home maintenance, warranties, by-laws, meetings, voting & committee structures. Future home”

“Change in deferred gifts -18,067. Loss on impairment for real estate -130,348.”

“The organization has not changed either its oversight process or selection process during the tax year.”