2024-05-09T12:37:47-05:00 2023-06-30 814234542 BPM LLP 400 OCEANGATE SUITE 1000 LONG BEACH CA 908024389 990 2022-07-01 330416470 HABITAT FOR HUMANITY OF GREATER LOS ANGELES HABI 3103234663 8739 ARTESIA BLVD BELLFLOWER CA 90706 ERIN RANK PRESIDENT & CEO 3103234663 2024-05-01 1 ERIN RANK 999009999 0 ANTHONY J GALES P01241476 5624953325 2024-05-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERIN RANK 8739 ARTESIA BLVD BELLFLOWER CA 90706 38881154 0 X WWW.HABITATLA.ORG X 1990 CA HABITAT FOR HUMANITY OF GREATER LOS ANGELES BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. 28 28 202 2670 0 0 39894664 23281242 16432690 15254178 0 214893 -131910 -31274 56195444 38719039 0 0 0 0 8958638 10717578 0 0 2096417 24839304 26829221 33797942 37546799 22397502 1172240 57278471 70134537 10725376 22409202 46553095 47725335 X HABITAT FOR HUMANITY OF GREATER LOS ANGELES BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. 0 0 17457270 "HABITAT FOR HUMANITY OF GREATER LOS ANGELES (HABITAT LA) BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. HABITAT LA'S VISION IS A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. IN PARTNERSHIP WITH DONORS, VOLUNTEERS, AND PARTNER HOMEOWNERS, HABITAT LA BUILDS, RENOVATES, AND REPAIRS HOMES TO IMPROVE AND EMPOWER COMMUNITIES THROUGHOUT THE GREATER LOS ANGELES AREA. HABITAT LA IS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, INC. (""HABITAT INTERNATIONAL""). ALTHOUGH HABITAT INTERNATIONAL ASSISTS WITH INFORMATION RESOURCES, TECHNICAL SUPPORT, AND NATIONAL PARTNERSHIPS, HABITAT LA IS AN INDEPENDENTLY OPERATED & GOVERNED ENTITY THAT IS RESPONSIBLE FOR RAISING ITS OWN FUNDS TO BUILD IN ITS SERVICE AREA. SINCE OUR FOUNDING IN 1990, HABITAT LA HAS BUILT, RENOVATED AND REPAIRED OVER 1,450 HOMES LOCALLY. HABITAT LA HAS BEEN RECOGNIZED WITH NUMEROUS AWARDS FOR ITS WORK THROUGHOUT THE GREATER LOS ANGELES COMMUNITY, INCLUDING BEING LISTED FOUR TIMES AMONG THE LA BUSINESS JOURNAL'S LIST OF TOP 25 RESIDENTIAL DEVELOPERS IN LOS ANGELES COUNTY, EARNING TWELVE CONSECUTIVE CHARITY NAVIGATOR 4-STAR RATINGS AND THE GUIDESTAR PLATINUM SEAL OF TRANSPARENCY. HABITAT FOR HUMANITY OF GREATER LOS ANGELES STRIVES TO EFFECTIVELY ADDRESS THE GROWING HOUSING CRISIS WITH COMPREHENSIVE AND CREATIVE STRATEGIES THROUGH ITS VARIOUS HOUSING INITIATIVES WHICH INCLUDE:NEW CONSTRUCTION AND REHABILITATION OF HOMESHABITAT LA BUILDS AND REHABILITATES HOMES THROUGHOUT ITS SERVICE AREA IN AN EFFORT TO INCREASE THE AFFORDABLE HOUSING STOCK IN LOS ANGELES AND TO CREATE OPPORTUNITIES FOR FAMILIES PRICED OUT OF THE CURRENT HOUSING MARKET. HABITAT'S TRADITIONAL MODEL ENGAGES VOLUNTEERS AND FUTURE HOMEOWNERS IN THE BUILDING PROCESS WHICH PROVIDES ENRICHING EXPERIENCES AND OFFERS HANDS-ON LEARNING OPPORTUNITIES IN HOME BUILDING, REPAIRS AND MAINTENANCE. MORTGAGE LENDINGIN ADDITION TO HOME CONSTRUCTION, HABITAT LA CARRIES OUT ITS MISSION THROUGH AFFORDABLE MORTGAGES WHICH ENABLE HOMEBUYERS TO PURCHASE HOMES IN OUR SERVICE AREA. HABITAT LA ALSO OVERSEES DOWN PAYMENT ASSISTANCE FUNDS PROVIDED BY THE STATE OF CALIFORNIA, THE FEDERAL HOME LOAN BANK, AND LOCAL JURISDICTIONS TO HELP INCOME-LIMITED BUYERS QUALIFY FOR MORTGAGES TO PURCHASE THEIR FIRST HOME. HOMEOWNERSHIP PROGRAMHABITAT LA PARTNERS WITH FIRST-TIME HOMEBUYERS BUILD AND BUY THEIR FIRST HOME. TO QUALIFY, FAMILIES MUST MEET THE DEVELOPMENT'S INCOME ELIGIBILITY LIMITS, BE IN GOOD FINANCIAL STANDING WITH NO RECENT BANKRUPTCIES OR EVICTIONS, AND BE WILLING TO PARTNER WITH HABITAT LA THROUGH SWEAT EQUITY HOURS TOWARDS THEIR HOME, SUCCESSFULLY COMPLETE FINANCIAL LITERACY WORKSHOPS, AND DEMONSTRATE FINANCIAL COMMITMENT. MOST IMPORTANTLY, FAMILIES MUST DEMONSTRATE A NEED FOR AFFORDABLE HOUSING.NEIGHBORHOOD REVITALIZATIONHABITAT LA WORKS IN PARTNERSHIP WITH RESIDENTS AND COMMUNITY PARTNERS IN TARGETED NEIGHBORHOODS TO IMPROVE THE COMMUNITY THROUGH INVESTMENTS THAT WILL CREATE AFFORDABLE HOUSING OPPORTUNITIES, IMPROVE EXISTING AFFORDABLE HOMES, IMPROVE FACILITIES USED BY NON-PROFITS THAT SERVE THE COMMUNITY, AND BUILD RESIDENT LEADERS TO ESTABLISH A STRONG COMMUNITY WHERE CHILDREN AND FAMILIES HAVE THE OPPORTUNITY TO THRIVE FINANCIALLY, EDUCATIONALLY, AND PERSONALLY. 13097394 A SOCIAL ENTERPRISE OF HABITAT LA, THE RESTORE IS A SELF-SUSTAINING FUNDING SOURCE THAT PROVIDES THE LOCAL COMMUNITY WITH BUILDING MATERIALS, HOME IMPROVEMENT GOODS, AND HOME DCOR AT A FRACTION OF THE RETAIL COST. THE RESTORE SELLS DONATED MATERIALS, INCLUDING NEW AND GENTLY USED FURNITURE, APPLIANCES, LUMBER, HARDWARE, AS WELL AS VINTAGE AND UNIQUE ITEMS TO THE GENERAL PUBLIC. SINCE 2004, HABITAT LA HAS HELPED DIVERT MILLIONS OF POUNDS OF REUSABLE MATERIALS FROM LOCAL AREA LANDFILLS. 3375465 HOME PRESERVATION PROGRAMTHE HOME PRESERVATION PROGRAM HELPS LOW-INCOME HOMEOWNERS WITH CRITICAL HEALTH AND SAFETY REPAIRS SO THEY CAN CONTINUE TO LIVE IN A SAFE, DECENT AND AFFORDABLE HOME. DURING FY 2023 (TAX YEAR 2022) HABITAT LA SERVED 93 HOMEOWNERS THROUGH THIS PROGRAMDISASTER RELIEF & GLOBAL BUILDS HABITAT LA HAS A DISASTER RESPONSE PROGRAM THAT ASSISTS LOCAL FAMILIES WITH RESOURCES AND REBUILDING AFTER NATURAL DISASTERS. WE ALSO RAISE FUNDS AND SEND VOLUNTEERS TO ASSIST OTHER AREAS GLOBALLY AND DOMESTICALLY WITH CRITICALLY NEEDED EMERGENCY RELIEF. 33930129 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 76 0 1 202 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X ERIN RANK 3103234663 8739 ARTESIA BLVD BELLFLOWER CA 90706 GERRY BROSS MEMBER 1.25 X 0 0 0 MAX DE BROUWER MEMBER 1.25 X 0 0 0 GEOFF DELAHANTY MEMBER 1.25 X 0 0 0 LINDA DUNCOMBE MEMBER 1.25 X 0 0 0 GREG FERREE MEMBER 1.25 X 0 0 0 KWAKU GYABAAH MEMBER 1.25 X 0 0 0 PEARL HO MEMBER 1.25 X 0 0 0 STEVEN JOHNSON MEMBER 1.25 X 0 0 0 BRETT KAHN MEMBER 1.25 X 0 0 0 PATRICK LABIB MEMBER 1.25 X 0 0 0 CAMERON LAZEK MEMBER 1.25 X 0 0 0 JOSHUA MARR MEMBER 1.25 X 0 0 0 LESLIE MAYER MEMBER 1.25 X 0 0 0 MICHAEL MILIK MEMBER 1.25 X 0 0 0 KIESHA NIX MEMBER 1.25 X 0 0 0 BRIAN PRUSNEK MEMBER 1.25 X 0 0 0 LEANNE ROMESBURG MEMBER 1.25 X 0 0 0 CRAIG RUSSELL MEMBER 1.25 X 0 0 0 RAUL SALINAS MEMBER 1.25 X 0 0 0 ERIC SCHREINER MEMBER 1.25 X 0 0 0 DONNA TIOCAO MEMBER 1.25 X 0 0 0 KARLA TORRES MEMBER 1.25 X 0 0 0 RENEE VALDES MEMBER 1.25 X 0 0 0 SUSAN BOOTH CHAIR 5.00 X 0 0 0 JOHN SYKES PAST CHAIR 1.25 X 0 0 0 JAN KARL VICE-CHAIR 2.50 X 0 0 0 CHAD REDDY SECRETARY 2.50 X 0 0 0 ALEX KWESKIN TREASURER 2.50 X 0 0 0 ERIN RANK PRESIDENT/CEO 40.00 5.00 X 337718 0 12105 SIMIEN JR DARRELL SVP COMMUNITY DEVELOPMENT 40.00 X 179376 13920 13361 DIBRITO FRANCESCA SVP RESOURCE DEVELOPMENT 40.00 X 180618 0 13598 SISSON ADAM D SVP FINANCE & ADMINISTRATION 40.00 X 173089 0 6554 SMITH ANGELA DAWN SVP RETAIL OPERATIONS 40.00 X 167974 0 13160 1038775 13920 58778 5 0 1 0 GARFIELD CRENSHAW 2392 MORSE AVE SUITE 100 IRVINE CA 92614 RENTS 390071 1 STOP BUILDING CONSTRUCTION 2919 E SAWYER STREET LONG BEACH CA 90805 CONSTRUCTION SERVICES 242692 JORGE MEDINA LANDSCAPING & CONSTRUCTION 1636 E WASHINGTON STREET LONG BEACH CA 90805 CONSTRUCTION SERVICES 169560 BELLGAR CONSTRUCTION 25160 MALONE AVE MENIFEE CA 92585 CONSTRUCTION SERVICES 105478 4 800993 951408 4155548 17373293 11603020 23281242 HOME SALES 531390 9128807 9128807 RESTORE SALES 459900 5431245 5431245 MORTGAGE DISCOUNT 522292 694126 694126 15254178 214893 214893 11700 951408 162115 -150415 -150415 OTHER INCOME 531390 119141 119141 119141 38719039 15373319 0 64478 X 365125 223148 123458 18519 8542718 6640567 883239 1018912 1809735 1460845 173050 175840 1495587 1003626 165955 326006 916093 698118 116152 101823 79828 47784 17293 14751 249552 249552 78008 78008 234505 234505 VALUE OF DONATED GOODS 8691932 8691932 COST OF HOMES SOLD - CO 4927936 4927936 COST OF HOMES SOLD - MO 3204340 3204340 HOME REPAIR 2224385 2224385 4727055 4245383 41106 440566 37546799 33930129 1520253 2096417 22199311 2557801 2713185 4110758 13355634 13997536 2319106 2457636 281786 201034 8025117 1690246 4418258 6334871 0 13656446 11991191 26818455 57278471 70134537 1684812 2691179 574300 741517 8466264 9054115 0 9922391 10725376 22409202 X 43913038 43205098 2640057 4520237 46553095 47725335 57278471 70134537 1172240 0 X 0 1 X 1 0 X 12899580 14779924 15170385 39894664 23281242 106025795 12899580 14779924 15170385 39894664 23281242 106025795 17837156 88188639 431 431 919000 684828 259636 143438 119141 2126043 108152269 0.81540 0.77000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4194119 4194119 2621050 610571 2010479 478602 412507 66095 68935 68935 0 662411 598233 64178 6334871 OTHER SECURITIES 13656446 C 13656446 CONSTRUCTION IN PROCESS 12342112 DEPOSITS AND OTHER ASSETS 4777168 RIGHT OF USE ASSET 9699175 26818455 LEASE LIABILITY 9922391 9922391 X 39054460 150415 185006 335421 38719039 0 38719039 37864348 150415 167134 317549 37546799 0 37546799 PART X, LINE 2: HABITAT LA FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES. ACCORDINGLY, HABITAT LA ACCOUNTS FOR UNCERTAIN TAX POSITIONS BY RECORDING A LIABILITY FOR UNRECOGNIZED TAX BENEFITS RESULTING FROM UNCERTAIN TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN ITS TAX RETURNS. HABITAT LA RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED BY THE APPROPRIATE TAXING AUTHORITIES. HABITAT LA DOES NOT BELIEVE THAT ITS INCOME TAX RETURNS INCLUDE ANY UNCERTAIN TAX POSITIONS AND ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TOTAL REVENUE RELATED TO AFFILIATE: PARTNERSHIP HOUSING INC. 34,591. SPECIAL EVENTS COSTS 150,415. PART XII, LINE 2D - OTHER ADJUSTMENTS: TOTAL EXPENSES RELATED TO AFFILIATE: PARTNERSHIP HOUSING INC. 16,719. SPECIAL EVENTS COSTS 150,415. BUILDERS BALL GALA 963108 951408 11700 162115 963108 951408 11700 162115 162115 -150415 X X X 0 0 0 0 0 0 0 0 0 ERIN RANK PRESIDENT/CEO 337718 0 0 0 0 0 4025 0 8080 0 349823 0 0 0 SIMIEN JR DARRELL SVP COMMUNITY DEVELOPMENT 179376 13920 0 0 0 0 6447 0 6914 0 192737 13920 0 0 DIBRITO FRANCESCA SVP RESOURCE DEVELOPMENT 163618 0 17000 0 0 0 6684 0 6914 0 194216 0 0 0 SMITH ANGELA DAWN SVP RETAIL OPERATIONS 167974 0 0 0 0 0 6246 0 6914 0 181134 0 0 0 SISSON ADAM D SVP FINANCE & ADMINISTRATION 173089 0 0 0 0 0 6089 0 465 0 179643 0 0 0 PART I, LINE 3 THE ORGANIZATION USES LOCAL AND NONPROFIT COMPARISON STUDIES AND EVALUATION PROCESS TO DETERMINE THE COMPENSATION OF TOP MANAGEMENT OFFICIALS. X REST. DONATION 0 9102576 FMV X REAL ESTATE - LOW INCOME RENTAL UNITS 7 1956839 FMV X BUILDING MATERIALS 1 352552 FMV X SOFTWARE SUBSCRIPTIONS/DISCOUNTS 1 85958 FMV X SUPPLIES 1 78263 FMV X TOOLS & EQUIPMENT 1 26832 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE WILL REVIEW THE CONTENTS OF THE FORM 990 BEFORE IT IS FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS CONFLICT OF INTEREST INFORMATION AND SIGNED DOCUMENTS AT THEIR ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES LOCAL AND NONPROFIT COMPARISON STUDIES AND EVALUATION PROCESS TO DETERMINE THE COMPENSATION OF TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE LATEST AUDITED FINANCIAL STATEMENTS AND LATEST FILED FORM 990 ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 24E LEASE EXPENSE: PROGRAM SERVICE EXPENSES 1,003,914. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,003,914. BUILD EVENTS/COMMUNITY PROGRAM: PROGRAM SERVICE EXPENSES 962,717. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 962,717. COST OF GOODS SOLD- RESTORE: PROGRAM SERVICE EXPENSES 750,876. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 750,876. FACILITY MAINTENANCE: PROGRAM SERVICE EXPENSES 703,946. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 703,946. BANK FEES AND CHARGES: PROGRAM SERVICE EXPENSES 246,548. MANAGEMENT AND GENERAL EXPENSES 29,443. FUNDRAISING EXPENSES 88,924. TOTAL EXPENSES 364,915. VEHICLES: PROGRAM SERVICE EXPENSES 359,764. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 359,764. SPECIAL EVENTS OTHER COSTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 339,926. TOTAL EXPENSES 339,926. TELEPHONE: PROGRAM SERVICE EXPENSES 125,073. MANAGEMENT AND GENERAL EXPENSES 11,663. FUNDRAISING EXPENSES 11,716. TOTAL EXPENSES 148,452. AMERICORP: PROGRAM SERVICE EXPENSES 65,442. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,442. HOME CLOSING AND DEVELOPMENT: PROGRAM SERVICE EXPENSES 27,103. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,103. PARTNERSHIP HOUSING INC 8739 ARTESIA BLVD BELLFLOWER CA 90706 450667570 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PARTNERSHIP HOUSING INC B FMV