2025-12-19T07:19:24-06:00 2025-06-30 411334380 MILLER WELLE HEISER & CO LTD 4170 THIELMAN LANE PO BOX 159 ST CLOUD MN 563020159 990 2024-07-01 411659149 LAKES AREA HABITAT FOR HUMANITY LAKE 2188288517 PO BOX 234 415 8TH AVE NE BRAINERD MN 56401 KEVIN PELKEY EXECUTIVE DIRECTOR 2188288517 2025-12-08 1 1 JEFFREY J GANNON CPA P01246208 3202539505 2025-12-07 2024 2025-03-06 01:10:19Z KEVIN PELKEY 1110 WRIGHT ST BRAINERD MN 56401 3027011 0 X WWW.LAKESAREAHABITAT.ORG X 1990 MN TO ELIMINATE POVERTY HOUSING IN THE FOUR COUNTIES SERVED: CASS, HUBBARD, CROW WING, AND WADENA. 12 12 36 200 0 0 920426 1026619 424303 513371 6334 4882 118191 -254535 1469254 1290337 81000 6524 0 0 533290 493228 0 0 128533 962028 945647 1576318 1445399 -107064 -155062 7095555 7049037 2726647 2835191 4368908 4213846 SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE THROUGHOUT THE LAKES AREA. 0 0 1032442 6524 530049 LAKES AREA HABITAT FOR HUMANITY WORKS WITH SELECTED LOW-INCOME FAMILIES TO CONSTRUCT NEW AND REHABILITATED HOMES, AND THEN SELLS THE HOMES TO THE FAMILIES. THREE HOMES WERE SOLD DURING THE CURRENT FISCAL YEAR TO FAMILIES IN NEED. 1032442 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 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 36 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MN X KEVIN PELKEY 2188288517 415 8TH AVE NE BRAINERD MN 56401 KYLE DAVIS DIRECTOR 2.00 X 0 0 0 MARY ANDERSON VICE CHAIR 2.00 X X 0 0 0 NANCY JOHNSON HOUG DIRECTOR 2.00 X 0 0 0 CARRIE LEE TREASURER 2.00 X X 0 0 0 BRUCE MCKIRDY DIRECTOR 2.00 X 0 0 0 ROGER OBERG DIRECTOR 2.00 X 0 0 0 COLETTE HUSTON DIRECTOR 2.00 X 0 0 0 GREG LARSON CHAIR 2.00 X X 0 0 0 CARRIE REIERSON SECRETARY 2.00 X X 0 0 0 MATT DAVIS DIRECTOR 2.00 X 0 0 0 DORENE TAUTGES DIRECTOR 2.00 X 0 0 0 RAE ZAHN DIRECTOR 2.00 X 0 0 0 KEVIN PELKEY EXECUTIVE DIRECTOR 40.00 X 97389 0 0 97389 0 0 0 0 0 0 0 1026619 116241 1026619 INTEREST RECEIVED ON HOME MORTGAG 531390 262538 262538 NET PROCEEDS FROM HOME SALES 531390 228333 228333 FORGIVABLE MORTGAGES 531390 22500 22500 513371 726 726 10500 6344 4156 4156 4156 62483 27224 35259 35259 1400790 1703106 -302316 -302316 MISCELLANEOUS INCOME 531390 12522 12522 12522 1290337 530049 0 -266331 6524 6524 82370 20592 30889 30889 347550 248389 17012 82149 27947 17229 9174 1544 35361 22182 4098 9081 4480 4480 17821 17821 24361 20096 4265 30663 12898 12905 4860 41212 1353 39859 31174 31174 2383 635 1748 1984 20 1954 10 45491 42142 3349 36585 4573 32012 58464 1710 56754 COSTS OF HOMES SOLD 604560 604560 LICENSE & FEES 15807 2525 13282 VEHICLE EXPENSE 14675 14675 REPAIR AND MAINTENANCE 5720 359 5361 10267 7500 2767 1445399 1032442 284424 128533 436657 0 197895 538447 140135 233496 2007884 2086294 291454 357003 76335 76811 1083749 393392 730020 690357 3215175 3066629 7095555 7049037 172403 65446 52383 0 228174 794088 2273687 1975657 2726647 2835191 X 3697261 3517616 671647 696230 4368908 4213846 7095555 7049037 -155062 0 X 0 1 X 1 0 X 625475 635723 857855 920426 1026619 4066098 625475 635723 857855 920426 1026619 4066098 251104 3814994 246 343 3499 6334 726 11148 6466 2815 55201 96227 12522 173231 4250477 4549473 0.89750 0.86070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 623342 78504 544838 460407 314888 145519 690357 LAND FOR CONSTRUCTION 465191 CONSTRUCTION IN PROCESS 625781 RIGHT-OF-USE ASSETS 1975657 3066629 LEASE LIABILITIES 1975657 1975657 X 4201292 2910955 2910955 1290337 0 1290337 4356354 2910955 2910955 1445399 0 1445399 PART X, LINE 2: THE ORGANIZATION IS SUBJECT TO THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS THE GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE TAX POSITIONS FOR THE ORGANIZATION AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN INCOME TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RESTORE COST OF SALES INCLUDED ON PART VIII ON FORM 990 RESTORE DONATIONS RECORDED FOR GAAP PURPOSES ONLY PART XII, LINE 2D - OTHER ADJUSTMENTS: RESTORE COST OF SALES INCLUDED ON PART VIII ON FORM 990 RESTORE DONATIONS RECORDED FOR GAAP PURPOSES ONLY STYLE FOR A PURPOSE 3651 3651 1071 DANCING WITH LAKES AREA STARS 51882 51882 6542 5120 12509 6 6950 6950 1982 62483 62483 6542 5120 15562 27224 35259 1 HABITAT FOR HUMANITY INTERNATIONAL 121 HABITAT STREET AMERICUS GA 31709 911914868 501(C)(3) 6524 0 HOME BUILDING 1 0 X RESTORE MATERIALS 500 84450 FAIR MARKET VALUE X INTEREST EXPENSE 1 31791 PRIME INTEREST RATE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRESENTATION OF FORM 990 OCCURS AT BOARD OF DIRECTORS MEETING AND MUST BE APPROVED BEFORE FILING OCCURS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES FILL OUT ANNUAL DISCLOSURES OF CONFLICTS OF INTEREST AND ARE DISCUSSED AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A DATA IS COLLECTED BY AN OUTSIDE CONSULTANT AND REVIEWED BY THE BOARD OF DIRECTORS AND THEN ADJUSTMENTS ARE MADE TO REFLECT AREA TRENDS. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST