2025-05-05T12:57:17-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2023-07-01 223126027 RARITAN VALLEY HABITAT FOR HUMANITY INC RARI 9087040016 PO BOX 330 PLUCKEMIN NJ 07978 DAVID CHECCHIO PRESIDENT 9087040016 2025-05-05 1 0 TARA DEL GAVIO P02438051 9739949494 2025-05-05 2023 2025-03-06 01:10:19Z DAVID CHECCHIO POBOX 330 PLUCKEMIN NJ 07978 2997234 0 X WWW.RVHABITAT.ORG X 1992 NJ TO BUILD AFFORDABLE HOUSING IN HUNTERDON AND SOMERSET COUNTIES, NEW JERSEY. 13 13 41 430 0 0 613547 1886431 1144284 1017284 168 19463 68403 -7093 1826402 2916085 0 0 0 0 1145987 1145789 0 0 91765 679132 2709622 1825119 3855411 1283 -939326 3961332 2823419 1181593 994924 2779739 1828495 X SEE SCHEDULE O:RARITAN VALLEY HABITAT FOR HUMANITY, INC. (ORGANIZATION") IS A NOT-FOR-PROFIT ORGANIZATION THAT BUILDS AND PRESERVES AFFORDABLE HOMES IN SOMERSET AND HUNTERDON COUNTIES (NEW JERSEY) IN PARTNERSHIP WITH LOW- AND MODERATE- INCOME HOMEOWNERS AND THE COMMUNITY. THE ORGANIZATION IS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, INC. DURING 2018, THE ORGANIZATION OPENED A HABITAT FOR HUMANITY RESTORE IN MANVILLE, SOMERSET COUNTY. A HABITAT RESTORE SELLS NEW AND GENTLY-USED, DONATED FURNITURE, APPLIANCES, HOME DECOR AND BUILDING SUPPLIES TO THE PUBLIC AT A FRACTION OF THEIR RETAIL PRICES. IT BENEFITS THE COMMUNITY BY PROVIDING HIGH-QUALITY ITEMS AT AFFORDABLE PRICES, GENERATING PROCEEDS TO FUND THE BUILDING AND REPAIR OF MORE AFFORDABLE HOMES, AND KEEPING ITEMS OUT OF LANDFILLS. 0 0 2597618 928554 THE RVHFH HABITAT RESTORE RAISES FUNDS TO ENABLE THE ORGANIZATION TO BUILD HOMES FOR MORE FAMILIES IN THE LOCAL AREA. THE RESTORE BENEFITS THE ENTIRE COMMUNITY BY OFFERING NEW AND GENTLY-USED HOUSEHOLD GOODS AND BUILDING SUPPLIES TO THE PUBLIC AT BARGAIN PRICES, PROVIDES REWARDING VOLUNTEER OPPORTUNITIES, AND KEEPS ITEMS OUT OF LANDFILLS. THE RVHFH RESTORE DONATES FURNITURE AND OTHER HOUSEHOLD GOODS TO SOCIAL SERVICE AGENCIES TO SUPPORT CITIZENS IN THE LOCAL COMMUNITY. 854669 88730 RARITAN VALLEY HABITAT FOR HUMANITY, INC. (RVHFH) BUILDS STRENGTH, STABILITY AND SELF-RELIANCE FOR LOW-AND MODERATE-INCOME INDIVIDUALS AND FAMILIES IN HUNTERDON AND SOMERSET COUNTIES THROUGH AFFORDABLLE HOME OWNERSHIP OPPORTUNITIES. THE HABITAT PROGRAM IS TRULY UNIQUE; PARTNER HOMEOWNERS INVEST 250-500+ HOURS WORKING ALONGSIDE VOLUNTEERS FROM ACROSS THE COMMUNITY TO BUILD THEIR HOMES, AND, AT THE SAME TIME, BUILD BRIDGES OF UNDERSTANDING, EMPATHY AND RESPECT BETWEEN DIVERSE GROUPS. RVHFH EXTENDS A 0%-INTEREST MORTGAGE TO PARTNER HOMEOWNERS, AND, BECAUSE OF THE EXTENSIVE SUPPORT OF DEDICATED, SKILLLED VOLUNTEERS, IS ABLE TO SELL HOMES FOR A FRACTION OF THEIR MARKET VALUE. AS A RESULT, PARTNER HOMEOWNERS' MONTHLY MORTGAGE PAYMENTS ARE SIGNIFICANTLY LESS THAN THEY HAVE BEEN PAYING FOR RENT, ALLOWING THEM TO SET ASIDE MONEY EACH MONTH TO BUILD SAVINGS, OBTAIN NEEDED MEDICAL AND DENTAL CARE, GO BACK TO SCHOOL TO INCREASE THEIR EARNINGS POTENTIAL AND SAVE FOR THEIR CHILDREN'S COLLEGE EDUCATION. THE OPPORTUNITY TO LIVE IN A DECENT, HEALTHY AND STABLE HOUSEHOLD IN A SAFE, NURTURING NEIGHBORHOOD WITH ACCESS TO GOOD MEDICAL CARE, SCHOOLS, RECREATION, AND ROLE MODELS TRANSFORMS LIVES FOR GENERATIONS TO COME. 3452287 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 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 0 0 41 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 1 1 0 0 NJ X X THE ORGANIZATION 9087040016 PO BOX 330 PLUCKEMIN NJ 07978 MARGARET HELMS BOARD MEMBER 2.00 X 0 0 0 CHRISTOPHER PRIBULA TREASURER 2.00 X X 0 0 0 RITA AULD BOARD MEMBER 2.00 X 0 0 0 JEREMY GREENMAN BOARD MEMBER 2.00 X 0 0 0 CARLA DAVID BOARD MEMBER 2.00 X 0 0 0 VERA MCAVOY BOARD MEMBER 2.00 X 0 0 0 LISA CHECCHIO BOARD MEMBER 2.00 X 0 0 0 DAVID CHECCHIO PRESIDENT 5.00 X X 0 0 0 SONDRA LEIBNER BOARD MEMBER 2.00 X 0 0 0 RENEE CASEY VICE PRESIDENT 2.00 X X 0 0 0 ELLEN MICHELLE HARRIS SECRETARY 2.00 X X 0 0 0 MICHAEL SCRIBNER BOARD MEMBER 2.00 X 0 0 0 URSULA SANJAMINO BOARD MEMBER 2.00 X 0 0 0 MELISSA FLYNN EXECUTIVE DIRECTOR 40.00 X 105433 0 0 105433 0 0 1 0 0 0 0 191626 77534 1617271 47694 1886431 RESTORE INCOME 459510 928554 928554 INTEREST INCOME ON MOR 236000 88730 88730 1017284 215 215 47537 28289 19248 19248 19248 33676 191626 52860 -19184 -19184 MISCELLANEOUS 900099 12091 12091 12091 2916085 1017284 0 12370 106034 73994 24263 7777 869096 606489 198867 63740 10482 7315 2398 769 67896 61963 5240 693 92281 64397 21116 6768 16584 16584 6529 6529 17016 17016 97059 80355 11668 5036 165455 154055 11400 5644 4027 1164 453 13579 13365 214 18820 14298 4522 120956 120956 DONATION TO RESTORE 928554 928554 EXCESS OF HOME SALE COS 710724 710724 DISCOUNT ON MORTGAGE NO 308746 308746 MAINTENANCE AND REPAIR 95513 95513 204443 190520 13923 3855411 3452287 311359 91765 242971 112187 814301 446113 15965 31950 1165262 1315409 89872 50560 63262 152936 106287 59288 46649 1612985 717977 3961332 2823419 154236 133329 286515 234761 740842 626834 1181593 994924 X 2490094 1533235 289645 295260 2779739 1828495 3961332 2823419 X -939326 -11918 X X 0 1 X 1 0 X 724499 602532 884965 613547 1886431 4711974 854658 907070 1048067 1144284 1017284 4971363 1579157 1509602 1933032 1757831 2903715 9683337 0 0 0 9683337 1369 346 212 168 215 2310 1369 346 212 168 215 2310 20928 16398 92416 27391 12091 169224 1601454 1526346 2025660 1785390 2916021 9854871 0.98260 0.97950 0.00020 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 152936 106287 46649 46649 CONSTRUCTION PROGRESS - LAND 1286 SECURITY DEPOSITS 20000 CONSTRUCTION IN PROGRESS INCLUDING CONSTRUCTION COSTS 85504 OPERATING ROU ASSET 596459 FINANCING ROU ASSET 14728 717977 CURRENT LEASE LIABILITY- OPERATING 134506 CURRENT LEASE LIABILITY- FINANCING 3505 LONG-TERM LEASE LIABILITY- OPERATING 477349 LONG-TERM LEASE LIABILITY- FINANCING 11474 626834 X 3020232 51287 52860 104147 2916085 0 2916085 3971476 51287 64778 116065 3855411 0 3855411 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD TAKEN AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALITIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED 2024 AND 2023. AT JUNE 30, 2024 AND 2023, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENTS EXPENSES 52,860. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXCESS OF HOME SALE COSTS EXCESS OF CRITICAL HOME REPAIRS DIRECT SPECIAL EVENTS EXPENSES 52,860. BAD DEBT 502. PROVISION FOR LOAN LOSSES 11,416. GALA 139078 113889 25189 1331 18798 11534 MAILING 55809 55809 4207 8 30415 21928 8487 16990 225302 191626 33676 1331 18798 32731 52860 -19184 X BUILDING MATERIALS 10 47694 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 LISA BORROMEO CHECCHIO AND DAVID CHECCHIO ARE MARRIED. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO SUCH COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS CIRCULATED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY WAS DETERMINED BY REVIEWING A SALARY SURVEY PROVIDED BY HABITAT FOR HUMANITY INTERNATIONAL WHICH PROVIDES SALARY DATA FOR, AMONG OTHERS, EXECUTIVE DIRECTORS BASED ON MARKET, GEOGRAPHIC LOCATION AND AFFILIATE SIZE. PROPOSED SALARY WAS DETERMINED BY EXECUTIVE COMMITTEE AND HUMAN RESOURCES COMMITTEE WITH FINAL SALARY APPROVED BY THE INDEPENDENT BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990, FINANCIAL STATEMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATION'S OFFICE. FORM 990, PART XI, LINE 9: BAD DEBT -502. PROVISION FOR LOAN LOSSES -11,416. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HABITAT FOR HUMANITY INTERNATIONAL 121 HABITAT STREET AMERICUS GA 31709 911914868 BUILDS AFFORDABLE HOUSING GA 501(C)(3) 170(B)(1)(A) 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0