Greeley Area Habitat for Humanity

“The finance committee and board of directors were provided a draft copy of the form 990 for review prior to filing. The draft form 990 are also reviewed by the executive director and director of finance.”

“New board members and new employees acknowledge in writing their receipt and understanding of the conflict of interest policy when appointed or hired. Compliance with the policy is monitored by management and the board on an on-going basis.”

“The executive committee of the board of directors reviews comparative data for related job titles and responsibilities in setting the executive directors' compensation.”

“The executive director considers comparative compensation data in setting compensation for other positions within the organization. The board of directors approves the financial budget within which other compensation decisions are made.”

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

“Greeley area habitat for humanity, in faith, brings people together to build innovative, affordable homes and communities, providing pathways out of poverty and making tangible differences in the lives of dedicated individuals and families.”

“In september 2024, gahfh completed construction on the mission springs development, working in partnership with commonwealth properties, the nation's 7th largest affordable housing developer. Mission springs includes two segments; mission homestead, comprised of 27 single family and paired homes built by gahfh to provide homeownership opportunities for habitat families, and mission village, comprised of 68 affordable town homes and cottage rentals built by commonwealth. The development replaced half of the housing units lost in evans, colorado, during the severe floods of 2013. Funded in part by a 1million cdbg-dr grant from the state of colorado, mission homestead includes the affiliate's first duplexes and first ada compliant units. It also includes the first natural gas and renewable energy net zero energy home, with a hers score of -6, built in partnership with atmos energy and the schlessman family foundation. During fy2024-25, gahfh completed civil development and began construction of housing units in hope springs, a large-scale affordable mix-product community built in partnership with the city of greeley and gahfh private- sector partners. Hope springs is situated on a 40-acre greenfield site in the city of greeley, adjacent to the city of evans. When completed, the development will be comprised of 174 water-wise, climate-friendly, zero energy ready habitat homes; 154 paired units and 20 individual units. Future phases, built by a private sector partner, will add up to 316 additional units, for a total of 490 affordable homes. Gahfh's economic impact alone will be over 68m when built out, reinvested back into the city of greeley and state of colorado. With the completion of the additional units by the private sector partner, the economic impact will approach 100m. Construction of the habitat homes began in july 2024, supported by a partnership with baessler homes. By the end of june 2025, 40 units had been constructed and 25 families had closed on the sale of their home and moved in. This outcome represents a 250% increase in gahfh production capacity. Homes are being sold at below market-rate prices to greeley and weld county residents earning between 30-80% of area median income (ami). In addition to home construction, the development's two mini-pitch soccer fields were installed, as well as the nature discovery park and community pavilion. Gahfh plans to complete 33 homes in 2026 and expects completion of the onsite childcare center, along with the initial phases of the organic community garden. Also during the 2024-25 fiscal year, gahfh established the greeley-weld habitat community land trust. Its purpose is to bring permanent affordability to current and future homeowners in the community and further habitat's mission of bringing safe, affordable homes to all. Gahfh estimates that the development will initially house between 600 and 700 people in the habitat units. Because the homes are made permanently affordable through the land trust model, they will remain in greeley's affordable housing stock in perpetuity, thus making a long-lasting and sustained impact. Over a 150-year life cycle, more than 4000 people are expected to be housed in the homes built by habitat. Prior to beginning vertical construction, gahfh had already fundraised and invested more than 13.5m in civil infrastructure development and was able to enter the vertical constuction phase debt-free, thanks to the generosity of public and private sources. These included a land and water donation from richmark companies valued at 8.82m, nearly 4m from the colorado department of local affairs, a 2.5m grant from the weld trust, 2.577m in congressional district spending from senator hickenlooper, 2m from jbs, and 1m from occidental petroleum (oxy). Gahfh leaderhip has presented hope springs at multiple regional and national habitat conferences, and consults regularly with hfh affiliates across the united states seeking to replicate the model. A successful”

“The gahfh restore is a unique retail outfit that obtains donated home construction/renovation material donations. Donations are then sold to the general public with profits used to provide general operating support to the overall organization. The restore generated 1.082m in revenue during fy2024-25. In addition to providing earned income for gahfh, it provides valuable services for donors and patrons as well. For donors, in-kind contributions are tax deductible to the extent allowed by law and patrons receive quality merchandise at an affordable price. Likewise, the restore operation provides a valuable service for the overall community and the environment by effectively reducing landfill waste by through the encouragement of reuse and repurpose, and also through the restore cardboard/metal/electronic recycling program. Annually, the restore saves approximately 1 million pounds of waste from reaching the local landfill. This number reached 1.4 million in fy2024-25.”

“The gahfh family services program is comprised of programs and practices designed to provide applicants and approved homeowners with the skills and support they need to prosper as long-term homeowners. Support services are multifaceted and begin with a consultation with the gahfh family services coordinator. Approved applicants are paired with a family support committee volunteer who works alongside the partner family throughout the homebuilding and closing processes. These volunteers work with the partner family to complete a series of eight written lessons including: ownership vs. Renting, homeowners insurance, property tax and capital improvements, financial planning, protecting the investment value of the home, "your mortgage," the rights and responsibilities of being a homeowner, avoiding financial scams. In addition to the lessons completed with the family support volunteer, approved applicants are required to complete a series of group workshops prior to closing on their home. These include: landscaping, city codes, covenants, homeowner's insurance, and hoa. Since its founding in 1987, gahfh has had only one foreclosure, a testament to effectiveness of its homebuyer support and education process in preparing partners for homeownership. During fy2024-25, gahfh expanded its team to include a family services administrator, responsible for preparing homebuyers for an efficient and successful closing process. With an additional staff member, the team is better able to manage the demands of the greatly accelerated schedule of homebuyer selection and support required for hope springs.”

“Special event expenses 13,307 cost of inventory sold 201,189 donated restore items -786,467 special event expenses -13,307 cost of inventory sold -201,189 donated restore items 786,467”