Habitat for Humanity Greater San Francisco

“The form 990 is provided to and reviewed by both the treasurer and the chief financial officer. A copy of 990 is then emailed to the board before it is filed.”

“The board members are required to inform the organization of any conflicts of interest that may exist. If a conflict of interest arises, the board will vote on how to resolve the issue.”

“The organization uses the fair pay for northern california salary survey for organizations with 9 to 14 million dollar organizational budgets and strives for the 50th percentile. Compensation for the ceo and cfo is reviewed and approved by the compensation committee and the executive committee annually.”

“The annual report, which contains financial statements, is posted on the organization's website. Other governing documents such as the conflict of interest policy are available upon request.”

“The process has not changed from prior year.”

“2020/21 fact sheet: service area and current home developments: habitat for humanity greater san francisco ("habitat or "hgsf") builds affordable homes in single-family, multi-family and townhome communities near transit and other amenities. Since 1989, habitat greater san francisco has built 248 homes in 10 cities across its tri-county service area. The organization is nearing completion of six three-bedroom townhouses on geneva avenue in daly city and a 20-unit midrise building on jefferson avenue in downtown redwood city. Partner households: households purchasing a home through habitat typically earn between 40 and 80% of the area median income. To partner with habitat, applicants must meet income requirements, demonstrate the ability to repay a mortgage, establish a need for housing and complete up to 500 hours of sweat equity to help build their own home and/or the homes of their neighbors. Programs: habitat's impact extends beyond the front doors of our homes and into the neighborhoods we serve. Core programs include: -home construction we build affordable homes with trained staff, volunteer labor, the "sweat equity" of our partner households, and donations of money and materials. Habitat homes are sold to partner households at no profit and are financed with zero-interest loans. Approved homeowners qualify for a monthly housing payment that does not exceed 30% of their gross monthly income. -home preservation the home preservation program rallies habitat greater san francisco's massive support base to repair existing housing for and with low-income residents. These actions help under-served neighborhoods remain vibrant places to live. Construction and funding: hgsf homes are designed with both affordability and sustainability in mind. Habitat reduces the cost of construction with the use of donated materials and volunteer labor. Habitat greater san francisco also relies heavily on grants and charitable giving from individuals, businesses, government agencies, civic organizations, faith groups and private foundations, as well as donations of land, products and in-kind services. The organization also strives to build homes that are healthy,durable, and feature low utility billsfor future homeowners. Currently, allhgsfprojects aregreenpointrated, with features that carefully consider energyandwater conservation, indoor air quality, sustainable building materials,andproximity to public transportation. Construction in progress: during construction, these homes remain on our statement of financial position (balance sheet)as construction-in-progress assets. At the point of sale, the value of the housing development is expensed as cost of sales homes and is reflected on the statement of activities. The timing of the sale of the housing development may cause the percentage of expenses that is attributed to program costs to vary from year to year. In 2020 construction-in-progress included a six unit development at geneva avenue in daly city and a 20 unit development on jefferson in redwood city, both of which will be sold in 2022. An eight unit development at amber drive in san francisco is also in development.”