2023-11-09T17:17:52-05:00 2022-12-31 364387304 MILLER VERCHOTA INC CPAS 444 N IL ROUTE 31 STE 104 CRYSTAL LAKE IL 60012 990 2022-01-01 364000780 HABITAT FOR HUMANITY OF MCHENRY COU HABI 8157599002 907 FRONT STREET MCHENRY IL 60050 ROBERT J MONICA PRESIDENT 8157599002 2023-11-06 true ROBERT MONICA XXX-XX-XXXX true EMILY FORNWALL CPA P02272677 8154778000 2023-11-09 2022 2023-04-26 12:10:37Z ROBERT M GRAY 3644213 false X WWW.HABITATMCHENRY.ORG X 1995 IL THE MISSION STATEMENT OF THE ORGANIZATION: SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. THE VISION OF HABITAT FOR HUMANITY OF MCHENRY COUNTY IS A WORLD WHERE EVERYONE HAS A SAFE AND DECENT PLACE TO LIVE AND HOUSING POVERTY AND HOMELESSNESS ARE ELIMINATED. WE BELIEVE THAT THE HOME IS A KEY CATALYST IN HELPING TO PERMANENTLY BREAK THE CYCLE OF POVERTY. 6 6 36 1232 0 883062 751401 682164 440395 194 583 1055091 1113508 2620511 2305887 0 0 1091153 1221259 0 39867 1718018 1463213 2809171 2684472 -188660 -378585 4854259 4756996 1623464 2039256 3230795 2717740 X THE MISSION STATEMENT OF THE ORGANIZATION: SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. THE VISION OF HABITAT FOR HUMANITY OF MCHENRY COUNTY IS A WORLD WHERE EVERYONE HAS A SAFE AND DECENT PLACE TO LIVE AND HOUSING POVERTY AND HOMELESSNESS ARE ELIMINATED. WE BELIEVE THAT THE HOME IS A KEY CATALYST IN HELPING TO PERMANENTLY BREAK THE CYCLE OF POVERTY. false false 1523865 434689 THE ORGANIZATION CONSTRUCTS AFFORDABLE HOUSING AROUND THE MCHENRY COUNTY AREA IN ILLINOIS. THE HOMES ARE SOLD TO QUALIFIED FAMILIES AT COST. THE ORGANIZATION SOLD SIX COMPLETED HOMES TO QUALIFIED FAMILIES DURING THE YEAR ENDED DECEMBER 31, 2021. 58473 5706 CRITICAL HOME REPAIRS ARE OFFERED TO LOW-INCOME FAMILIES IN MCHENRY COUNTY WHO ARE STRUGGLING TO MAINTAIN THEIR HOUSES. IT FOCUSES ON EXTERIOR HOME REPAIR, YARD CLEANUP, MINOR EXTERIOR REPAIRS AND CONSISTS OF 10-20 VOLUNTEERS WHO WORK ALONGSIDE THE HOMEOWNER TO REVITALIZE A HOME'S EXTERIOR. 781615 AS PART OF THE ORGANIZATION'S MISSION, TWO RESALE ESTABLISHMENTS CALLED RESTORES HAVE BEEN ESTABLISHED IN THE COMMUNITY. THE INVENTORIES ARE DONATED BY MANUFACTURERS, DISTRIBUTORS, BUILDERS, HOMEOWNERS, AND RETAILERS. THE ORGANIZATION SELLS NEW AND GENTLY USED HOME IMPROVEMENT GOODS, FURNITURE, HOME ACCESSORIES, BUILDING MATERIALS AND APPLIANCES TO THE PUBLIC AT A FRACTION OF THE RETAIL PRICE. THE PROCEEDS ARE USED BY THE ORGANIZATION TO HELP BUILD THE HOMES AND EXPAND OTHER AREAS OF SERVICE TO THE COMMUNITY. 2363953 true true false false false false false false false false true false false true true true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 0 0 36 true false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true false false IL X ROBERT J MONICA 8157599002 907 FRONT STREET MCHENRY IL 60050 ROBERT M GRAY CHAIR 1.00 X X 0 0 0 JAMES FEETTERER VICE CHAIR 1.00 X X 0 0 0 DAVID SNELLMAN TREASURER 1.00 X X 0 0 0 REBECCA ANGELES SECRETARY 1.00 X X 0 0 0 DOUG LONG DIRECTOR 1.00 X 0 0 0 WILLIAM REGNER DIRECTOR 1.00 X 0 0 0 ROBERT J MONICA PRESIDENT 40.00 X 103309 0 0 103309 1 false false false 17953 77955 322710 332783 58092 751401 SALE OF HOMES 531390 423439 423439 MORTGAGE DISCOUNT AMORT. 531390 11250 11250 CRITICAL HOME REPAIR 531390 5706 5706 440395 583 583 17953 2449594 1338326 1111268 1111268 MISCELLANEOUS 236000 2240 2240 2240 2305887 442635 1111851 103309 72317 15496 15496 1007633 905312 95598 6723 19651 16193 2890 568 90666 79786 9067 1813 4944 4944 20036 20036 8527 8527 30033 29683 350 67441 27338 40065 38 224235 221127 1764 1344 38627 37660 558 409 53430 27973 25457 17133 11479 5654 72787 55231 17556 112990 82482 28248 2260 CONSTRUCTION COSTS 621945 621945 CRITICAL HOME REPAIR 58473 58473 REPAIRS AND MAINTENANCE 38518 38518 BANK CHARGES 32247 32208 39 61847 46228 4753 10866 2684472 2363953 280652 39867 1226847 604290 123097 164997 124478 370450 361762 52514 11242 2355724 294328 965160 2061396 1951194 1593828 4854259 4756996 222243 111918 107305 1280000 1449708 13916 477630 1623464 2039256 X 3230795 2717740 3230795 2717740 4854259 4756996 X -378585 -134470 X false true X true false X 342108 450278 795621 883062 751401 3222470 496320 542793 723981 682164 442635 2887893 3297542 1928002 1932817 2350507 2449594 11958462 4135970 2921073 3452419 3915733 3643630 18068825 18068825 16907 13694 10442 194 583 41820 16907 13694 10442 194 583 41820 4152877 2934767 3462861 3915927 3644213 18110645 0.99770 0.99720 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 520063 520063 1210436 85843 1124593 489653 99698 389955 59382 52496 6886 76190 56291 19899 2061396 CONSTRUCTION IN PROGRESS 896028 RIGHT OF USE ASSET OPERATING LEASE 356697 LAND HELD FOR BUILDING SITES 320911 DEPOSIT 11988 FUNDS HELD FOR ESCROW 8204 1593828 RIGHT OF USE LEASE LIABILITY 467437 REFUNDABLE ESCROW 10193 477630 X 2305887 2305887 2305887 2684472 2684472 2684472 SCHEDULE D, PAGE 3, PART X HABITAT FOR HUMANITY WAS GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES BY THE INTERNAL REVENUE SERVICE PURSUANT TO THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE TAX-EXEMPT PURPOSE OF THE ORGANIZATION AND THE NATURE IN WHICH IT OPERATES IS DESCRIBED ABOVE. HABITAT CONTINUES TO OPERATE IN COMPLIANCE WITH ITS TAX-EXEMPT PURPOSE. HABITAT FOR HUMANITY HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. HABITAT IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN TWELVE MONTHS OF THE STATEMENT OF FINANCIAL POSITION DATE. PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES WOULD BE INCLUDED IN EXPENSES, IF APPLICABLE. THERE WERE NO PENALTIES OR INTEREST PAID DURING THE YEAR ENDED DECEMBER 31, 2022. HABITAT'S ANNUAL INFORMATION AND INCOME TAX RETURNS FILED WITH THE FEDERAL AND STATE GOVERNMENTS ARE SUBJECT TO EXAMINATION FOR THE STATUTORY PERIOD OF THREE YEARS. OTHER EVENTS 17953 17953 17953 17953 X 1 58092 false false false FORM 990 - ORGANIZATION'S MISSION THE MISSION STATEMENT OF THE ORGANIZATION: SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. THE VISION OF HABITAT FOR HUMANITY OF MCHENRY COUNTY IS A WORLD WHERE EVERYONE HAS A SAFE AND DECENT PLACE TO LIVE AND HOUSING POVERTY AND HOMELESSNESS ARE ELIMINATED. WE BELIEVE THAT THE HOME IS A KEY CATALYST IN HELPING TO PERMANENTLY BREAK THE CYCLE OF POVERTY. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE MEMBERS RECEIVE COPIES OF THE FORM 990, WHICH EACH MEMBER REVIEWS, PRIOR TO FILING. QUESTIONS AND COMMENTS ARE ADDRESSED BEFORE THE FINAL RETURN IS FILED. A BOARD RESOLUTION IS NOT REQUIRED TO FILE THE RETURN. IN ADDITION, THE ORGANIZATION HAS AN ANNUAL AUDIT. THE AUDITORS PREPARE THE 990 AND GO OVER THE AUDIT AT A FINANCE COMMITTEE MEETING TO ANSWER ANY QUESTIONS. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS SENT TO BOARD MEMBERS, OFFICERS, AND EMPLOYEES ANNUALLY. EACH PERSON REVIEWS HIS/HER CIRCUMSTANCES FOR ANY CONFLICTS. THE FINANCE COMMITTEE REVIEWS THE INFORMATION AND PROVIDES NECESSARY DISCLOSURES TO THE BOARD OF DIRECTORS. OFFICERS/DIRECTORS WITH CONFLICTS OR POTENTIAL CONFLICTS DO NOT PARTICIPATE IN VOTING ON THE CONFLICTING SUBJECT MATTER. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE PRESIDENT. THE BOARD REVIEWS COMPARABLE COMPENSATION FOR SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS IN ORDER TO DETERMINE A MAXIMUM COMPENSATION LEVEL, AS WELL AS, AN APPROPRIATE RANGE. THE BOARD ALSO EVALUATES WHAT IT FEELS THE ORGANIZATION CAN ACTUALLY AFFORD WITHIN THE APPROPRIATE RANGE. DECISIONS REGARDING COMPENSATION ARE CONTEMPORANEOUSLY RECORDED IN THE BOARD MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 ASU 2016-02 IMPLEMENTATION -134,470