2025-12-23T10:27:05+00:00 2025-06-30 580692043 Mauldin & Jenkins LLC 1401 Manatee Avenue West Suite 1200 Bradenton FL 34205 990 2024-07-01 650230079 Indian River County Habitat for Humanity Inc INDI 7725629860 4568 N US Highway 1 Vero Beach FL 32967 Trevor Loomis President/CEO 7725629860 2025-12-23 true true Brian Carter P00536712 9417474483 2025-10-30 2024 2025-03-06 01:10:19Z Trevor Loomis 4568 N US Highway 1 Vero Beach FL 32967 18629581 false X www.irchabitat.org X 1990 FL Seeking to put God's love into action, Indian River Habitat for Humanity develops housing solutions guided by the needs of its family partners and the community. 13 13 71 536 0 3998637 6438160 5076449 6783367 102371 147624 1019584 48642 10197041 13417793 0 0 0 0 3090225 3388072 0 0 460532 6342695 9529075 9432920 12917147 764121 500646 21153172 21796919 4371990 4459852 16781182 17337067 X Seeking to put God's love into action, Indian River Habitat for Humanity develops housing solutions guided by the needs of its family partners and the community. With a deep sense of compassion and a commitment to service, we work hand in hand with our family partners, volunteers, and community stakeholders to create lasting change. Our mission goes beyond constructing houses; it is a transformative journey that uplifts and empowers. We listen to the needs of our family partners and collaborate with them to create tailored housing solutions that meet their unique circumstances. Through our work, we strive to break the cycle of poverty and create a path towards self-reliance and dignity. As we continue to advance the Habitat mission, we seek to expand our reach and strengthen the impact that our work can have on the families we serve far into the future. false false 9391995 4525224 HOME OWNERSHIP PROGRAM - Habitat for Humanity partners with families in need to build safe, decent, and energy efficient homes. Our homes are designed for lasting affordability and to meet the needs of homeowner families. By utilizing the labor of volunteers and future homeowners, using efficient building techniques, and utilizing donated materials, Habitat offers homes to working families using affordable, non-interest-bearing mortgages. This model makes home ownership accessible and sustainable for families in need. Attainable home ownership creates stability, reduces stress, and fosters self-reliance and confidence. Studies show that stable homes play a crucial role in healthy child development. When a home supports health, safety, and security, it provides a strong foundation for families to thrive. Home ownership also empowers families to save for the future, invest in education, and pursue career growth, ultimately lifting the entire family. Indian River Habitat launched its ambitious housing counseling program (HCP) with an overarching goal to provide financial counseling and education to become fully equipped to make informed decisions along the pre-purchase and post-purchase home ownership continuum. The design flow of the HCP is systematic, and it is geared toward reducing or eliminating potential barriers, resulting in the opportunity to deepen and lengthen our reach. Standard HUD guidelines and practices are established to direct families through a series of distinct steps, from completing an intake packet to fulfilling the requirements of one of three home ownership paths - an open market purchase, entrance into the Habitat Homeownership Program, or ongoing counseling for families that are currently unqualified to purchase a home. Indian River Habitat is confident that this program will help additional families achieve home ownership. In fiscal year 2025, Indian River Habitat for Humanity helped more than 68 households with 154 individuals through our long-term home ownership and financial literacy program along with housing counseling services. 1572558 2087261 HABITAT'S RESTORE - Habitat's ReStore serves a dual purpose: generating revenue to support our affordable homeownership program and offering home furnishings, appliances, building materials, and other essential items to homeowners and the public at significantly reduced prices. The store's inventory is made possible through generous donations of new and gently used items from businesses and individuals. To minimize operating costs and foster community engagement, homeowners and volunteers contribute their time in the ReStore, earning sweat equity hours while supporting Habitat's mission. 1174212 217849 NEIGHBORHOOD REVITALIZATION PROGRAM - Indian River Habitat's Neighborhood Revitalization Program (NR) is a focused housing outreach program that offers affordable critical repairs to qualifying homeowners in Indian River County. Habitat's NR program unites community stakeholders in supporting residents by responding to needs among low- to moderate-income homeowners, veterans and seniors living on a fixed income. Through this program, Habitat seeks to build new partnerships and empower residents to revitalize neighborhoods and ultimately enhance their quality of life. In FY 2025, the NR program provided critical home repairs to 111 homes. Indian River 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 Indian River Habitat for Humanity'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 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 & General, and Fundraising categories. Finally, some staff members have responsibilities that cross over functional areas. To calculate the time allocation, Indian River 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. 12138765 true true false false false false false false true false true false false true true true false true false false false false false false true false false false false true false false false false false false false false false false true false false false true false false false false false true 24 0 true 71 true false false false false false true true false false false false false false X 13 13 false false false false false false false true true false false false true true true true true true true true false false X X Barbara Middleton 7725629860 4568 N US HWY 1 Vero Beach FL 32967 David Johnson Past Chair 2.0 X X 0 0 0 Doug Vitunac Treasurer 2.0 X X 0 0 0 Linda Faust Vice Chair 2.0 X X 0 0 0 Rick Hahn Chairman 2.0 X X 0 0 0 Terri Graham Secretary 2.0 X X 0 0 0 Bob Bauchman Director 1.0 X 0 0 0 David Sommers Director 1.0 X 0 0 0 Doug Feek Director 1.0 X 0 0 0 Glenn Grevengoed Director 1.0 X 0 0 0 Martin Bireley Director 1.0 X 0 0 0 Pat Gorman Director 1.0 X 0 0 0 Sherri Kolodziejczak Director 1.0 X 0 0 0 Wilfred Hart Director 1.0 X 0 0 0 Barbara Middleton CFO 40.0 X 107525 0 13423 Trevor Loomis President/CEO 40.0 X 162429 0 1128 269954 0 14551 2 false true false De'Rion Group LLC 4625 45th St Vero Beach FL 32967 Roofing contractor 609441 Meeks Plumbing 5555 US Rte 1 Vero Beach FL 32967 Plumbing services 285590 Cathco 5550 41st St Vero Beach FL 32967 Construction Services 281679 Reliable Septic & Services 5235 45th St Vero Beach FL 32967 Septic Services 236780 Temp Control 1946 Wilbur Ave Vero Beach FL 32960 A/C Services 205936 10 400000 0 854911 0 847000 4336249 2862534 6438160 Home Ownership 531390 3907216 3907216 Mortgage Loan Discounts 522292 564288 564288 ReStore Sales 459510 2087261 2087261 NR Repayment Agreements 522292 217849 217849 Late Fee Income 522292 6753 6753 0 0 0 0 6783367 135457 135457 44209 0 44209 0 44209 44209 5105701 6800 5095832 4502 9869 2298 12167 12167 68920 854911 111454 -42534 -42534 0 0 0 0 Other income 46967 46967 0 0 0 0 46967 13417793 6830334 0 149299 313858 260043 23381 30434 2486066 2056598 188508 240960 381497 325733 18444 37320 206651 176445 9991 20215 15087 11747 3340 31000 31000 3972 3972 138117 118967 0 19150 79281 78759 522 382543 293238 21625 67680 289470 270648 6751 12071 14815 8891 585 5339 2208 2208 199338 192453 2678 4207 181115 161653 7575 11887 Cost of Homes Constructed 4276838 4276838 Cost of Donated Materials 1997404 1997404 Cost of Mortgage Discounts 1775903 1775903 Tithe to International 104647 104647 37337 26590 0 10747 12917147 12138765 317850 460532 2138789 633098 534501 30972 20450 0 0 7077392 7512903 2545768 584956 192080 6226564 2429882 6281404 3796682 2543316 1531801 0 0 535531 6990448 21153172 21796919 670925 703773 574419 55691 0 3045775 2984414 40264 15974 40607 700000 4371990 4459852 X 16260761 16690280 520421 646787 16781182 17337067 21153172 21796919 500646 32476 22763 0 X false true true false X 1701964 1217183 4721777 3998637 6438160 18077721 0 0 1701964 1217183 4721777 3998637 6438160 18077721 0 18077721 5728 2833 121540 171405 179666 481172 485044 486107 584920 835806 2391877 2306698 2243992 2327187 2224839 46967 9149683 30100453 19219532 0.60058 0.4923 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - RESTORE SALE OF MERCHANDISE, COLUMN A - 2306698.0, COLUMN B - 2243992.0, COLUMN C - 2327187.0, COLUMN D - 2224839.0, COLUMN E - 46967.0, COLUMN F - 9149683.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 585417 585417 5045728 1993307 3052421 212256 197162 15094 383163 239413 143750 3796682 Other assets Home Construction in Progress 3358401 Deposits 19472 Beneficial Interest in Community Foundation - Endowment Fund 384698 Land Held for Home Sites 3227877 6990448 Federal Income Taxes Prepaid Mortgage Loans Line of Credit 700000 700000 X 11583110 32476 22763 111454 166693 11416417 3972 1997404 2001376 13417793 11027225 111454 111454 10915771 3972 1997404 2001376 12917147 Schedule D, Part IV, Line 2b Explanation of escrow agreement The Organization holds amounts received from homeowners in escrow for property taxes and insurance. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Internal Revenue Service has determined that Organization is exempt from federal income taxes under the provisions of Internal Revenue Code Section 501(c)(3). Accordingly, no provision for income taxes has been made in these financial statements. Management of the Organization considers the likelihood of changes by taxing authorities in its exempt organization returns and discloses potential significant changes that management believes are more likely than not to occur upon examination by tax authorities. Management has not identified any uncertain tax positions in filed returns that require disclosure in the accompanying financial statements. The Organization files the Form 990 in the U.S. Federal Jurisdiction. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Special Event Expenses - 111454 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Cost of Donated Materials - 1997404 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Event Expenses - 111454 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Cost of Donated Materials - 1997404 Moorings Classic Weekend 798606 729686 68920 93241 Women Build 125225 125225 0 18213 0 923831 854911 68920 111454 111454 -42534 X X X false false false false false false false false false Trevor Loomis President/CEO 162429 0 0 0 0 0 0 0 1128 0 163557 0 0 0 X 1980111 Other 3 847000 Market value X Building Materials 88 35423 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Clothing and household goods - Number of items Real estate - Residential - Number of contributions Other - Building Materials Number of contributions Form 990, Part III, Line 4d Description of other program services (Expenses $ including grants of $) Indian River 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 Indian River Habitat for Humanity'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 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 & General, and Fundraising categories. Finally, some staff members have responsibilities that cross over functional areas. To calculate the time allocation, Indian River 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. Form 990, Part VI, Line 11b Review of form 990 by governing body Review will be conducted by select members of management and the Board of Directors prior to submission. Form 990, Part VI, Line 12c Conflict of interest policy Monitored and enforced by means of knowing our business partners, polling the Board members, and reiterating the written policy. Form 990, Part VI, Line 15a Process to establish compensation of top management official The performance evaluation of the President of the Organization is initiated by the Chairperson of the Board, and the Executive Committee of the Board reviews and completes the evaluation. Form 990, Part VI, Line 15b Process to establish compensation of other employees The Indian River Habitat for Humanity Board of Directors conducts a review of compensation and benefits annually. This analysis includes a comparison of compensation and benefits among a selection of not-for-profit and for-profit organizations using a variety of sources. Performance evaluations are the basis of increases to compensation and are completed by the immediate supervisor of each position, which are then reviewed by the next higher level of management. Form 990, Part VI, Line 19 Required documents available to the public Financial Statements on website Form 990, Part XII, Line 2c This process is unchanged from the prior year. IRCHFH Funding Company 1 LLC 4568 N US Highway 1 Vero Beach FL 32967 Acquire and hold mortgage loans FL 0 0 Indian River County Habitat for Humanity Inc