2024-03-04T14:44:48-06:00 2023-06-30 911623649 JOHNSON STONE & PAGANO PS 1501 REGENTS BLVD SUITE 100 FIRCREST WA 98466 990 2022-07-01 581735531 TACOMAPIERCE COUNTY HABITAT FOR HUMANITY TACO 2536275626 4824 S TACOMA WAY TACOMA WA 98409 MAUREEN FIFE CEO 2536275626 2024-03-04 1 MAUREEN FIFE 999009999 1 CRAIG P CATLIN P00741890 2535667070 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MAUREEN FIFE 4824 S TACOMA WAY TACOMA WA 98409 11186935 0 X WWW.TPC-HABITAT.ORG X 1986 WA BUILD SIMPLE, DECENT, AFFORDABLE HOMES FOR LOW INCOME FAMILIES 17 17 83 1164 0 0 10550462 6155330 1398857 1245871 112111 79295 245847 975330 12307277 8455826 0 0 0 0 2515378 3007068 0 0 687967 3625667 4208200 6141045 7215268 6166232 1240558 17866914 19291470 7843062 8379485 10023852 10911985 X TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY SEEKS TO PUT GOD'S LOVE INTO ACTION, BY PARTNERING WITH PEOPLE TO ACHIEVE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND TO BUILD GENERATIONAL WEALTH, HOPE AND OPPORTUNITY. 0 0 5686096 1567436 TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY PARTNERS WITH FAMILIES IN NEED TO BUILD, OWN AND MAINTAIN DECENT, AFFORDABLE HOMES IN SAFE COMMUNITIES.FOUNDED IN 1985, TACOMA/PIERCE COUNTY HABITAT HAS BUILT, RENOVATED OR REPAIRED OVER 321 HOMES SERVING OVER 3,500 ADULTS AND CHILDREN. HABITAT HOMEOWNERS ACHIEVE THE STRENGTH, STABILITY AND SELF-RELIANCE THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES. FROM ITS CONCEPTION, HABITAT FOR HUMANITY HAS BEEN BUILT ON PARTNERSHIPS - PARTNERSHIPS WITH FAMILIES, CHURCHES, AREA CORPORATIONS, COMMUNITY ORGANIZATIONS, AND INDIVIDUALS. WE BELIEVE IN THE POWER OF FAMILIES WORKING SIDE BY SIDE WITH VOLUNTEERS TO BUILD HABITAT HOMES. EVERY YEAR, NEARLY 900 VOLUNTEERS HELP US BUILD HOMES, WORK IN THE OFFICE, AND WORK IN THE ORGANIZATION'S RETAIL STORES. VOLUNTEERS HELP KEEP THE COST OF CONSTRUCTION LOW, MAKING HABITAT ONE OF THE MOST AFFORDABLE HOUSING SOLUTIONS IN THE WORLD. AS ACTIVE PARTICIPANTS IN BUILDING A BETTER FUTURE FOR THEMSELVES AND THEIR FAMILIES, HABITAT HOUSEHOLDS GET A HAND UP, NOT A HANDOUT. TACOMA HABITAT CREATES AND MAINTAINS AFFORDABLE HOUSING THROUGH: HOMEOWNERSHIP: TACOMA HABITAT PROVIDES AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR PIERCE COUNTY FAMILIES EARNING BETWEEN 30-80% OF THE AREA MEDIAN INCOME. HABITAT FOR HUMANITY HAS THREE MAIN ELIGIBILITY REQUIREMENTS FOR THE PROGRAM: NEED, WILLINGNESS TO PARTNER, AND ABILITY TO PAY. HOMEOWNERS PAY AN AFFORDABLE MONTHLY MORTGAGE THAT DOES NOT EXCEED 30% OF THEIR INCOME AND COMMITS TO SWEAT EQUITY HOURS TO BUILD THEIR HOME AND THOSE OF THEIR HABITAT NEIGHBORS. TACOMA HABITAT BUILDS AND SELLS ABOUT 8-12 NEW HOMES EVERY YEAR. IN FISCAL YEAR 2023, TACOMA HABITAT SOLD THREE HOMES. HABITAT IS CURRENTLY BUILDING A 12-TOWNHOME DEVELOPMENT IN TILLICUM AND A 3-HOME DEVELOPMENT IN GIG HARBOR. ALL HABITAT HOMES FEATURE ENERGY EFFICIENT APPLIANCES AND WATER CONSERVING LOW FLOW PLUMBING FIXTURES. THE HOMES FEATURE INSULATION THAT EXCEED BUILDING CODE REQUIREMENTS AS WELL AS HIGH PERFORMANCE WINDOWS TO ENSURE THEY ARE ECONOMICAL TO HEAT. HOUSING COUNSELING: TACOMA HABITAT BECAME A HUD-CERTIFIED HOUSING COUNSELING AGENCY IN 2020. HOUSING COUNSELORS WORK CLOSELY WITH FAMILIES IN NEED AS THEY NAVIGATE HOMEOWNERSHIP OPTIONS. HOMEOWNERSHIP COUNSELING INCLUDES: PRE-PURCHASE COUNSELING, HOMEBUYER EDUCATION AND NON-DELINQUENT POST PURCHASE. CRITICAL HOME REPAIR: TACOMA HABITAT PROVIDES HOME REPAIR AND MODIFICATIONS TO HOMEOWNER SENIORS, VETERANS AND PERSONS WITH DISABILITIES TO HELP MAINTAIN A SAFE AND LIVABLE HOME TO AGE IN PLACE GRACEFULLY AND INDEPENDENTLY. GLOBAL HOUSING: HABITAT MAY WORK IN TACOMA/PIERCE COUNTY, BUT THERE IS ALSO WORK AROUND THE WORLD. IN A TYPICAL YEAR, TACOMA HABITAT OFFERS GLOBAL VILLAGE TRIPS FOR VOLUNTEERS. DURING A TRIP, VOLUNTEERS EXPERIENCE THE HOST COUNTRY'S CCULTURE, LANGUAGE AND SOCIAL PRACTICES WHILE WORKING ALONGSIDE HOMEOWNERS AND VOLUNTEERS OF ALL BACKGROUNDS, RACES AND RELIGIONS.TACOMA HABITAT IS FUNDED THROUGH GRANTS, DONATIONS, PROCEEDS FROM HOME SALES, HOMEOWNER MORTGAGE PAYMENTS, AND PROCEEDS FROM OUR RETAIL STORES. TACOMA HABITAT HAS THREE RETAIL STORES LOCATED IN TACOMA, PUYALLUP, AND LAKEWOOD. THE STORES OFFER GENTLY USED FURNITURE, APPLIANCES, AND BUILDING SUPPLIES AT GREATLY REDUCED PRICES. PROFIT FROM THE STORES HELPS BUILD MORE AFFORDABLE HOMES IN PIERCE COUNTY. MORE THAN A ROOF, TACOMA HABITAT BELIEVES HOME IS JUST THE BEGINNING - A STRONG FOUNDATION FOR VIBRANT COMMUNITIES, A STABLE FINANCIAL FUTURE FOR GENERATIONS, AND A HEALTHY PLACE FOR A FAMILY AND CHILDREN TO GROW. 5686096 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 0 0 0 1 28 0 1 83 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 WA X THE ORGANIZATION 2536275626 4824 S TACOMA WAY TACOMA WA 98409 MARK HOLCOMB PRESIDENT 2.00 X X 0 0 0 DANG NGUYEN DIRECTOR 2.00 X 0 0 0 BARTY BRYNESTAD DIRECTOR 2.00 X 0 0 0 BART BRYNESTAD DIRECTOR 2.00 X 0 0 0 LAUREN DAMMEIER IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 BILL LYNN EMRITUS 2.00 X 0 0 0 SCOTT RITCHIE TREASURER 2.00 X X 0 0 0 MAUREEN FIFE CEO 40.00 X X 148020 0 19384 STUART YOUNG DIRECTOR 2.00 X 0 0 0 LAUDAN ESPINOZA DIRECTOR 2.00 X 0 0 0 LIBBY CATALINICH VICE PRESIDENT 2.00 X X 0 0 0 THERESA BOYLE DIRECTOR 2.00 X 0 0 0 CHRIS HUSS DIRECTOR 2.00 X 0 0 0 LAUREN FLEMISTER SECRETARY 2.00 X X 0 0 0 ANNE JONES DIRECTOR 2.00 X 0 0 0 KENT KORNEISEL DIRECTOR 2.00 X 0 0 0 CHRISTOPHER WILLIAMS DIRECTOR 2.00 X 0 0 0 JOSELINE COLLINS DIRECTOR OF FINANCE 40.00 X X 91780 0 16102 THULI LUSHABA DIRECTOR 2.00 X 0 0 0 SHERRANA KILDUN CHIEF PHILANTHROPY OFFICER 40.00 X 110270 0 6411 GOMER ROSEMAN DIRECTOR OF CONSTRUCTION 40.00 X 109230 0 7309 459300 0 49206 3 0 1 0 CHAVIRA & ASSOCIATES 11012 CANYON ROAD E STE PUYALLUP WA 98371 CONSTRUCTION 357849 LIGHTHOUSE CONCRETE 929 34TH AVE NW GIG HARBOR WA 98335 CONCRETE WORK 248241 APEX ENGINEERING LLC 2601 S 35TH SUITE 200 TACOMA WA 98409 PROFESSIONAL SERVICES 167439 MARCE DRYWALL INC PO BOX 2246 SUMNER WA 98390 DRYWALL 133122 4 355795 1725045 4074490 2579801 6155330 SALE OF HOMES 531390 759987 759987 AGING IN PLACE INCOME 531390 310092 310092 DISCOUNT AMORTIZATION 531390 175792 175792 1245871 79295 79295 42607 12745 29862 29862 29862 0 355795 74135 -74135 -74135 2895800 2644229 251571 251571 DEBT FORGIVENESS 900099 727900 727900 MISCELLANEOUS 900099 40132 40132 768032 8455826 1567436 0 733060 X 308893 207734 51149 50010 2033522 1357756 321804 353962 62555 41350 13080 8125 341792 225929 71469 44394 260306 189519 40434 30353 40460 40460 230466 84249 42589 103628 13722 9582 4140 98048 61543 12196 24309 443677 428581 8234 6862 237061 144280 59011 33770 215250 68438 146812 95172 88676 3191 3305 COST OF HOMES SOLD 913378 913378 MORTGAGE ASSISTANCE 711802 711802 COST OF REPAIRS - AIP 530972 530972 WAREHOUSE, STORAGE AND 190562 177955 6276 6331 487630 444352 24500 18778 7215268 5686096 841205 687967 5802002 3584553 481251 263669 4204442 3852453 350215 448928 94998 77697 1874501 891664 1006465 982837 1676833 4250708 10081333 17866914 19291470 400645 380758 16476 31568 27641 7394373 4387882 0 3583204 7843062 8379485 X 9944874 10832424 78978 79561 10023852 10911985 17866914 19291470 X 1240558 -352425 X X 0 1 X 1 1 1 X 2735683 2872027 4951267 6050462 6155330 22764769 2735683 2872027 4951267 6050462 6155330 22764769 22764769 55283 16093 17025 16989 79295 184685 1051283 55671 101953 115901 768032 2092840 25042294 9377687 0.90910 0.92730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FORGIVENESS OF TCRA DEBT - 2018 AMOUNT: $ 8,187. 2019 AMOUNT: $ 7,014. 2020 AMOUNT: $ 5,599. 2021 AMOUNT: $ 2,168. 2022 AMOUNT: $ 0. FORGIVENESS OF NEW MARKET TAX CREDIT DEBT - 2018 AMOUNT: $ 957,903. 2022 AMOUNT: $ 727,900. MISCELLANEOUS - 2018 AMOUNT: $ 85,193. 2019 AMOUNT: $ 48,657. 2020 AMOUNT: $ 96,354. 2021 AMOUNT: $ 113,733. 2022 AMOUNT: $ 40,132. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 31568 51678 57605 25641 1 X 545005 266830 278175 1329496 624834 704662 982837 CONSTRUCTION IN PROCESS 1963329 LAND HELD FOR DEVELOPMENT 3914074 LAND LEASED TO HOMEOWNERS 666109 OPERATING RIGHT-OF-USE ASSET, NET 3223727 COMPLETED HOMES 314094 10081333 OPERATING LEASE LIABILITY 3583204 3583204 X 11122555 22500 2644229 2666729 8455826 0 8455826 9881997 22500 2644229 2666729 7215268 0 7215268 PART IV, LINE 2B: ESCROW BALANCES ARE AMOUNTS THAT HAVE BEEN DEPOSITED WITH TPC AS PART OF HOMEOWNER'S MONTHLY PAYMENT THAT WILL BE USED TO PAY PROPERTY TAXES AND HOMEOWNER INSURANCE AS WELL AS HOA FUNDS AND GLOBAL VILLAGE FUNDS WHEN THEY BECOME DUE. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES IN CONJUNCTION WITH THE GROUP EXEMPTION OF THE NATIONAL AFFILIATE, HABITAT INTERNATIONAL, UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION'S MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZES A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: HABITAT STORE COST OF GOODS SOLD 2,644,229. PART XII, LINE 2D - OTHER ADJUSTMENTS: HABITAT STORE COST OF GOODS SOLD 2,644,229. HABITAT LUNCHEON 275836 275836 2355 31468 7688 HABITAT CHALLENGE 72663 72663 21400 3455 4135 1 7296 7296 3634 355795 355795 23755 34923 15457 74135 -74135 0 0 0 0 0 0 0 0 0 MAUREEN FIFE CEO 148020 0 0 0 0 0 4676 0 14708 0 167404 0 0 0 HARVEY ROSEN FORMER BOARD MEMBER 151536 RENT PAYMENTS 0 X STORE DONATIONS 389761 2367859 RETAIL X BUILDING MATERIALS AND SUPPLIES FOR HOMES 601 211942 RETAIL 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B TACOMA/PIERCE COUNTY HABITAT HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS PRESENTED TO EACH BOARD MEMBER FOR REVIEW PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C OUR ORGANIZATION HAS A CONFLICT OF INTEREST POLICY AND EACH BOARD MEMBER IS REQUIRED TO RECERTIFY UNDERSTANDING AND COMPLIANCE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE CEO HAS AN ANNUAL REVIEW BY THE BOARD. THE CEO AND CFO CONDUCT AN ANNUAL REVIEW OF STAFF SALARIES USING THE UNITED WAY-KING COUNTY SURVEY OF SALARY LEVELS AMONG NON-PROFIT ENTITIES IN THE PUDGET SOUND REGION AS A GUIDELINE. FORM 990, PART VI, SECTION C, LINE 19 TACOMA/PIERCE COUNTY MAKES ITS TAX RETURNS AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART IX, LINE 24E ENERGY CERTIFICATION COSTS, PERMITS,FEES,INSURANCE, TAXES, LICENSES: PROGRAM SERVICE EXPENSES 150,779. MANAGEMENT AND GENERAL EXPENSES 8,984. FUNDRAISING EXPENSES 8,954. TOTAL EXPENSES 168,717. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 83,740. MANAGEMENT AND GENERAL EXPENSES 1,336. FUNDRAISING EXPENSES 6,410. TOTAL EXPENSES 91,486. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 68,087. MANAGEMENT AND GENERAL EXPENSES 2,574. FUNDRAISING EXPENSES 2,574. TOTAL EXPENSES 73,235. NEW MARKETS TAX CREDIT TRANSACTION FEES: PROGRAM SERVICE EXPENSES 65,210. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,210. OTHER ADMINISTRATIVE: PROGRAM SERVICE EXPENSES 25,090. MANAGEMENT AND GENERAL EXPENSES 11,606. FUNDRAISING EXPENSES 840. TOTAL EXPENSES 37,536. SMALL TOOLS, EQUIPMENT, DISPOSAL FEES: PROGRAM SERVICE EXPENSES 33,446. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,446. ANNUAL TITHE: PROGRAM SERVICE EXPENSES 18,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,000. FORM 990, PART XI, LINE 9: EFFECT OF FASB TOPIC 842, LEASES, ADOPTION -352,425. FORM 990 PART XII THE ORGANIZATION ADOPTED FASB TOPIC 842, LEASES FORM 990 PART XII QUESTION 2C: HABITAT FOR HUMANITY INTERNATIONAL POLICIES ENCOURAGE ANY AFFILIATE WITH OVER $25,000 IN GROSS REVENUES TO HAVE ITS FINANCIAL STATEMENTS AUDITED ANNUALLY. TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY HAS ITS FINANCIAL STATEMENTS AUDITED EACH YEAR BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. THE FINANCIAL COMMITTEE HAS OVERSIGHT OF THE AUDIT OF OUR FINANCIAL STATEMENTS AND HAS AUTHORITY TO RECOMMEND A CHANGE IN AUDITORS SHOULD THAT BECOME NECESSARY. TPCHFH FUNDING CO LLC 4824 S TACOMA WAY TACOMA WA 98409 461193262 HOLD NOTES PAYABLE TO BANK AND CORRESPONDING COLLATERAL WA 23445 742645 TACOMAPIERCE COUNTY HABITAT FOR HUMANITY TPCHFH FUNDING COII LLC 4824 S TACOMA WAY TACOMA WA 98409 462983058 HOLD NOTES PAYABLE TO BANK AND CORRESPONDING COLLATERAL WA 26364 744104 TACOMAPIERCE COUNTY HABITAT FOR HUMANITY TPCHFH FUNDING CO III LLC 4824 S TACOMA WAY TACOMA WA 98409 HOLD NOTES PAYABLE TO BANK AND CORRESPONDING COLLATERAL WA 27347 755837 TACOMAPIERCE COUNTY HABITAT FOR HUMANITY