2025-03-18T07:49:37-05:00 2024-06-30 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2023-07-01 541385198 RICHMOND METRO HABITAT FOR HUMANITY RICH 8042327001 2281 DABNEY ROAD A RICHMOND VA 23230 DAVE NEARY CEO 8042327001 2025-03-12 1 1 JAYME MIKA P00852731 8047470000 2023 2025-03-06 01:10:19Z DAVE NEARY 2281 DABNEY ROAD A RICHMOND VA 23230 8451307 0 X WWW.RICHMONDHABITAT.ORG X 1986 VA SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. RICHMOND METRO HABITAT FOR HUMANITY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 20 20 65 2189 0 0 4919172 4134899 1873642 3250316 100410 232486 515673 736469 7408897 8354170 0 0 0 0 2874127 3422937 0 0 451441 5089520 6754028 7963647 10176965 -554750 -1822795 15231534 13743445 3837300 4172006 11394234 9571439 X SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. RICHMOND METRO HABITAT FOR HUMANITY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 0 0 6383745 2427355 HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS - INSTEAD OF HINDERS - HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. DURING FISCAL YEAR 2024, RICHMOND METRO HABITAT FOR HUMANITY SERVED MORE THAN 40 PEOPLE THROUGH ITS LONG-THERM HOMEOWNERSHIP PROGRAM. 1466536 572801 NEIGHBORHOOD REVITALIZATION PROGRAM: THROUGH OUR NEIGHBORHOOD REVITALIZATION WORK, WE TAILOR OUR EFFORTS BY PARTNERING LOCALLY WITH RESIDENTS AND COMMUNITY LEADERS AND ORGANIZATIONS TO BEST ADDRESS THE REAL CONCERNS OF THE COMMUNITY AND IMPROVE THE LIVES OF THE PEOPLE WHO LIVE THERE. USING A DATA-DRIVEN AND CUSTOMIZABLE APPROACH, WE FOCUS ON FIRST UNDERSTANDING THE CONCERNS OF THE RESIDENTS AND THEN EMPOWERING THESE RESIDENTS TO LEAD THE PROJECTS THEY WANT TO SEE. ALONGSIDE HABITAT, RESIDENTS WORK WITH CHURCHES, SCHOOLS, NEW AND LONGSTANDING NEIGHBORHOOD COALITIONS, LOCAL GOVERNMENT ENTITIES, AND OTHER COMMUNITY PARTNERS TO ACHIEVE THEIR GOALS.BECAUSE EACH NEIGHBORHOOD'S CHALLENGES AND ASPIRATIONS ARE DIFFERENT, THE FRAMEWORK ACTS AS A GUIDE THAT CAN BE TAILORED TO THE GOALS OF EACH COMMUNITY. THAT'S WHY NEIGHBORHOOD REVITALIZATION CAN LOOK LIKE ANYTHING FROM DEVELOPING PUBLIC PARKS TO ORGANIZING SAFETY MEETINGS WITH THE LOCAL POLICE DEPARTMENT TO REHABBING AND REOPENING SCHOOLS, STORES AND HOMES. 776401 259321 HOME PRESERVATION PROGRAM: OUR HOME PRESERVATION PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW- TO MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF RICHMOND METRO HABITAT FOR HUMANITY STAFF MEMBERS TO COMPLETE REPAIRS. SINCE THE INCEPTION OF THE HOME PRESERVATION PROGRAM, RICHMOND METRO HABITAT FOR HUMANITY HAS PARTNERED WITH 55 LOCAL HOMEOWNERS, WITH 55 HOMEOWNERS SERVED DURING FY2024. FINANCIAL AND HOMEBUYER EDUCATION PROGRAMS: AS PART OF THE HOMEOWNERSHIP PROCESS, WE BELIEVE FINANCIAL EDUCATION BUILDS A MORE SOLID FOUNDATION FOR LONG-TERM PERSONAL SUCCESS AND HELPS ALLEVIATE ANY CONCERNS OR BARRIERS ON THE PATH TO HOMEOWNERSHIP. DURING THESE FINANCIAL EDUCATION CLASSES, WE COVER TOPICS SUCH AS BUDGETING; CREDIT CARDS AND CREDIT REPORTS; DEBT AND LOANS; SAVING, INVESTING AND PLANNING FOR THE FUTURE; EMERGENCY SITUATIONS; AND HABITAT HOMEOWNER MORTGAGTES. A MORE IN-DEPTH UNDERSTANDING OF THESE IMPORTANT CONCEPTS IS A TOOL THAT CAN BE USED TO BUILD A BETTER FUTURE. OVERALL, RICHMOND METRO HABITAT FOR HUMANITY HAS CONDUCTED MORE THAN 40 FINANCIAL AND HOMEBUYER WORKSHOPS, WITH 6 HELD IN FY2024. DISASTER RESPONSE PROGRAM: THE MOST BASIC NEEDS - HEALTH, WATER, SHELTER, SANITATION, LIVELIHOODS, SAFETY, EDUCATION AND OTHERS - BECOME BOTH SCARCE AND DIRE IN THE EVENT OF A DISASTER. WE BELIEVE THAT SAFE, RELIABLE SHELTER PROVIDES THE FOUNDATION FROM WHICH ALL OF THESE THINGS CAN BEGIN TO REEMERGE DURING THE RELIEF AND REBUILDING PROCESS. WITH THE HELP OF VOLUNTEERS AND DONORS, WE ARE ABLE TO PROVIDE SHELTER ASSISTANCE, EDUCATION, TRAINING AND PARTNERSHIPS TO AFFECTED INDIVIDUALS WHO FIND THEMSELVES IN UNTHINKABLE SITUATIONS AFTER A DISASTER STRIKES. 8626682 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 26 0 1 65 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 8042327001 2281 DABNEY ROAD A RICHMOND VA 23230 FLORETTA BARBEE-WATKINS DIRECTOR 2.00 X 0 0 0 ANNE MARIE CARROLL DIRECTOR 2.00 X 0 0 0 REBECCA D'ANGELO DIRECTOR 2.00 X 0 0 0 MARQUITA EDMONDS DIRECTOR 2.00 X 0 0 0 LUCANDA FISCELLA DIRECTOR 2.00 X 0 0 0 TRACY FOARD DIRECTOR 2.00 X 0 0 0 DOUG GARSON DIRECTOR 2.00 X 0 0 0 DAVID HILTEBRAND DIRECTOR 2.00 X 0 0 0 CHAD JOYCE DIRECTOR 2.00 X 0 0 0 TED LANSING DIRECTOR 2.00 X 0 0 0 JAMES KATSAROS DIRECTOR 2.00 X 0 0 0 ABIGAIL PAULES DIRECTOR 2.00 X 0 0 0 MICHAEL ROSSER DIRECTOR 2.00 X 0 0 0 MELODIE THIGPEN DIRECTOR 2.00 X 0 0 0 PAUL TRAPP DIRECTOR 2.00 X 0 0 0 G ANDREW NEA JR PRO BONO GENERAL COUNSEL 10.00 X 0 0 0 W MERCER FERGUSON BOARD CHAIR 5.00 X X 0 0 0 EILEEN S JACKSON VICE CHAIR 2.00 X X 0 0 0 JAMES NAMORATO TREASURER 2.00 X X 0 0 0 JAKE BLOOM SECRETARY 2.00 X X 0 0 0 TIYA WILLIAMS IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 LARRY MULLIGAN COO - ENDED 2023 40.00 X 2144 0 0 MADELYN M PEAY CEO 40.00 X 117615 0 7821 MARY KAY HUSS INTERIM CEO - ENDED 2023 40.00 X 3240 0 2568 MATT WARING COO 40.00 X 96965 0 6926 219964 0 17315 1 0 0 0 TREDEGAR CONSTRUCTION LLC 1625 N HAMILTON ST RICHMOND VA 23230 CONSTRUCTION LABOR AND MATERIALS 514275 WEBB ELECTRICAL COMPANY PO BOX 70866 RICHMOND VA 23255 ELECTRICAL 106121 2 1184779 2950120 1618907 4134899 TRANSFERS TO HOMEOWNER 531390 2675500 2675500 MORTGAGE DISCOUNT AMOR 522292 496607 496607 MISCELLANEOUS PROGRAM 230000 78209 78209 3250316 212668 212668 14035 0 14035 14035 14035 19818 0 19818 19818 19818 131868 48076 83792 83792 678542 49061 629481 629481 MISCELLANEOUS RECEIPTS 900099 9161 9161 9161 8354170 3902993 0 316278 X 266780 31325 157141 78314 2610119 1918596 469144 222379 28935 18328 6953 3654 316438 254794 31160 30484 200665 143197 37253 20215 54728 54728 173889 21561 73720 78608 27443 14567 12726 150 253219 201225 50794 1200 70227 37627 26007 6593 131866 102000 29866 120748 120748 165447 113401 52046 COST OF HOME SALES/CONS 4103150 4103150 DISCOUNT ON MORTGAGE OR 1233672 1233672 OTHER 237560 167795 69765 0 COST OF REPAIRS/CONSTRU 143872 119425 24447 38207 25271 3092 9844 10176965 8626682 1098842 451441 1819 1819 936893 2008358 523783 504898 13200 0 3833987 4163406 3371826 1480296 60 6879 4018040 1276274 2862514 2741766 2883217 2083722 804235 752301 15231534 13743445 333680 401002 2967953 3307794 535667 463210 3837300 4172006 X 9937856 8897004 1456378 674435 11394234 9571439 15231534 13743445 -1822795 0 X 0 1 X 1 0 X 2164089 3920358 8630935 4919172 4132062 23766616 2164089 3920358 8630935 4919172 4132062 23766616 23766616 103 14258 14402 126106 226703 381572 67113 13280 587 7883 9161 98024 24246212 13775875 0.98020 0.98340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 277349 18818 296167 274434 2915 277349 275405 -971 274434 201500 76127 2222 275405 195747 10000 -2173 2074 201500 1.00000 1 0 631234 631234 2503209 861219 1641990 93957 69694 24263 87421 88990 -1569 702219 256371 445848 2741766 ESCROW FUNDS HELD BY VHDA 121047 BENEFICIAL INTEREST IN ASSETS HELD BY THE COMMUNITY FOUNDATION 296167 OTHER ASSETS 9734 LEASE ASSET 325353 752301 ESCROW FUND AND OTHER LIABILITY 121899 OPERATING LEASE LIABILITIES 341311 463210 X 8588320 161771 49061 210832 8377488 -23318 -23318 8354170 10411115 161771 72379 234150 10176965 0 10176965 PART V, LINE 4: LONG-TERM FINANCIAL HEALTH OF ORGANIZATION AND EVENTUAL USE OF INVESTMENT INCOME TO FURTHER ORGANIZATION'S MISSION. PART X, LINE 2: MANAGEMENT HAS EVALUATED THE EFFECT OF GUIDANCE SURROUNDING UNCERTAIN INCOME TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2024 AND JUNE 30, 2023. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 49,061. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH REVENUE -23,318. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE 49,061. SPECIAL EVENT EXPENSES NETTED WITH REVENUE 23,318. WINE EXPO 69809 69809 46060 VCU BASKETBALL 34569 34569 11 27490 27490 2016 131868 131868 48076 48076 83792 X 1594937 THRIFT STORE VALUE X 4 7716 NYSE X CONSTRUCTION SUPPLIES 0 16254 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE ORGANIZATION'S FINANCE COMMITTEE AND IS ALSO SENT TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH MEMBER OF THE BOARD SIGNS A LEADERSHIP CONTRACT THAT COVERS CONFLICT OF INTEREST, AMONG OTHER ITEMS, AND THE PROCESS TO FOLLOW IF THERE IS A QUESTION ABOUT A POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE'S EVALUATION OF THE PERFORMANCE OF THE PRESIDENT/CEO IS BASED ON VERY SPECIFIC CORPORATE GOALS AND OBJECTIVES, THEN, AFTER ALSO DOING AN AREA COMPARISON OF CEO COMPENSATION, IT RECOMMENDS TO THE BOARD THE COMPENSATION LEVEL. FINAL APPROVAL COMES FROM THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX: RICHMOND METRO HABITAT FOR HUMANITY IS COMMITTED TO EFFICIENCY AND TRANSPARENCY. WE COMMUNICATE WITH OUR SUPPORTERS, DONORS AND PROSPECTIVE DONORS BY EMAIL, POSTAL MAIL, PHONE AND OTHER MEANS, BOTH TO REQUEST CONTRIBUTIONS TO OUR CAUSE AND TO EDUCATE THE PUBLIC ABOUT RICHMOND METRO HABITAT FOR HUMMANITY'S YEAR-ROUND PROGRAMS, VOLUNTEER OPPORTUNITIES AND OTHER EVENTS IN LOCAL COMMUNITIES AND AROUND THE WORLD. THESE EFFORTS HELP ADVANCE OUR MISSION TO PUT GOD'S LOVE INTO ACTION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. AS A RESULT, IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDELINES AND INTERNAL REVENUE SERVICE GUIDANCE, RICHMOND METRO HABITAT FOR HUMANITY ALLOCATES A PORTION OF OUR FUNDRAISING COSTS TO PROGRAM SERVICES. AS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXATION, WE ENSURE OUR DONORS' MONEY IS SPENT AS EFFICIENTLY AND EFFECTIVELY AS POSSIBLE. ADDITIONALLY, WE HAVE CERTAIN EXPENSES THAT CANNOT BE BILLED SEPARATELY FOR EACH FUNCTIONAL AREA. RENT, UTILITIES, INFORMATION TECHNOLOGY AND OTHER COSTS ARE GROUPED TOGETHER. WE ALLOCATE THESE COSTS IN COMPLIANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, OR GAAP, ACROSS THE PROGRAM (INCLUDING HABITAT RESTORES), MANAGEMENT AND GENERAL, AND FUNDRAISING CATEGORIES. FINALLY, SOME STAFF MEMBERS HAVE RESPONSIBILITIES THAT CROSS OVER FUNCTIONAL AREAS. TO CALCULATE THE TIME ALLOCATION, RICHMOND METRO HABITAT FOR HUMANITY DIVIDES THE NUMBER OF HOURS SPENT ON A PROJECT OUTSIDE OF A STAFF MEMBER'S DESIGNATED EXPENSE CATEGORY BY THE TOTAL HOURS WORKED DURING THAT PERIOD AND ALLOCATES THAT PERCENTAGE OF COSTS TO THE APPROPRIATE EXPENSE CATEGORY. HABITAT FOR HUMANITY INTERNATIONAL INC 121 HABITAT STREET AMERICUS GA 317093498 911914868 CONSTRUCTION OF AFFORDABLE HOUSING GA 501(C)(3) LINE 7 0 HABITAT COMMONWEALTH LLC 2281 DABNEY ROAD RICHMOND VA 23230 541385198 PROPERTY HOLDING VA RICHMOND METRO HABITAT FOR HUMANITY -4164 26104 0 1 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HABITAT FOR HUMANITY INTERNATIONAL INC C 176118 FMV