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.”

“Home construction and transfer of ownership to low-income families: gahfh was awarded a 1 million cdbg-dr grant from the state in november 2019. This grant funded an innovative affordable housing development in evans, co, a community that was severely underserved after losing over 200 affordable homes in the 2013 flood. With the cdbg-dr award gahfh co- developed with commonwealth companies 12 acres into a 95 unit planned development called mission springs. Mission springs will be a mixed product development of 27 single family and paired homes built by gahfh to provide homeownership opportunities for habitat families, mission homestead, and 68 affordable town homes and cottage rentals built by commonwealth, mission village. This development will replace nearly half of the units that evans, colorado lost during the flood of 2013.”

“The gahfh restore was recognized by habitat for humanity international as 2nd in the nation for overall sales growth in 2019. The restore went under a significant management change in 2017 and revenues have grown to the highest in gahfh 32 year history. The restore is a unique retail outfit that obtains donated home construction/renovation material donations; donations are then sold to general public. Profit from the restore provides general operating support to the overall organization. The restore provides valuable services for donors and patrons alike. 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. In 2019, the restore saved approximately 1,000,000 pounds of waste from reaching the local landfill.”

“The 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 associate. Approved applicants are paired with a family support committee volunteer who work alongside the partner family throughout the homebuilding and closing processes. Said volunteers work with the partner family to complete a series of six written lessons including: ownership vs. Rental occupancy, financial planning, protection of the investment value of the home, homeowner's insurance, equity building and income tax responsibility, and "your mortgage." 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. Group workshops include: landscaping, city codes, covenants, homeowner's insurance (workshop), and hoa. In 32 years gahfh has had only one foreclosure which is testament to gahfh successfully preparing its family partners for homeownership.”

“Special event expenses 11,628 cost of purchased inventory sold 51,997 special event expenses -11,628 cost of purchased inventory sold -51,997”