Building Stronger Community in Loveland

FY 2019 Annual Report

145Homes completed since Loveland Habitat’s founding in 1987

Purchased a gently used truck for construction. A new decal was added in the fall, thanks to sponsors. Volunteer support

increase

33%Fee Waivers Saved

$248,998 on Home Construction

6Homes completedin FY 2019

Progress

264Hours of Education Classes, to better understand home mortgages, insurance, HOA’s, How to be a Good Neighbor and Home Maintenance.

Measures

1,485Habitat volunteers: building homes, operating the ReStore and providing sound strategic advice through Board and committee service.

2,111Hours our Volunteers invest to build a new 3-bedroom Habitat home.

63%of homes are headedby single parents.

Since 1987

Home Stability

Due to privacy concerns, two families prefer not to be shown.

Home Stability

Families completed their homeowner requirements and successfully became owners of a new Habitat home. Their new mortgage provides an affordable payment so they have more of their income to devote to their family’s success.

3,000 Hours of Sweat Equity invested by homeowners, working on their home, their neighbors Habitat home or at the ReStore.

Habitat homeownership applications sent out to low income families seeking an affordable home of their own. 159

264Hours of Education Classes, to better understand home mortgages, insurance, HOA’s, How to be a Good Neighbor and Home Maintenance.

Low income families participated in Habitat Homeowner orientations to learn about owning an affordable home.

650

Home Stability

159 Families

Apply for

a Home

50 Families

Attend

Home

Orientation

3,000 Sweat Equity Hours

Worked, including

264Hours of Education

6

Families Purchase a Habitat Home

L to R: Vince Deely/Loveland Habitat staff, Ron Hanser/Loveland Habitat Director, Marc Seter/Board Member, Thompson School District, Justin Smith/Sheriff of Larimer County, Hugh McKean/Representative, Colorado House, Kathi Wright/Councilman, City of Loveland, Bill Kuhn/Firefighter and Volunteer, Cindi Hammond/Executive Director, Loveland Habitat, Dr. Marc Schaffer/Superintendent, Thompson School District, Jacki Marsh/Mayor, City of Loveland, Jennifer Camp/Loveland Habitat Director, Kyle Archer/Loveland Habitat Director, Shelby Carpenter/Loveland Habitat staff.

Legislative Build Day

International Families Served

226We support Habitat for Humanity International’s vision of a world where every person has a decent place to live. We tithe a percentage of undesignated contributions to support the construction of affordable housing worldwide. Since our founding in 1987, we’ve served over 226 families internationally, providing funding for materials and volunteers to help them build their homes.

Total International Families Served Since 1987

816,005Since 1987, Total Annual Tithe to Support International Families

24,000Ranked in the Top 10 among intermediate sized affiliates serving a population of 50,000 – 99,999)

$$

International Tithe FY 2019

5.3 International Families Served

Dominican RepublicWe led a team to the Dominican Republic from April 7th – 14th, 2019, immersing

ourselves in the Dominican culture and history. We built two Habitat homes, serving

in two areas: Haina and Los Alcarrizos. According to the International Housing

Institute, the housing deficit in the Dominican Republic is estimated at over

1,000,000 units.

210Global Village Volunteer Hours

The Habitat ReStore’s new truck offers free pickups.

ReStore

Furniture

28%

Housewares /

Jewelry

28%

Patio /

Hardware

16%

Clothing &

Accessories

17%

Electronics /

Appliances

11%

Top 5 Most Popular Sales Categories

68,226ReStore Sales Transactions

Average Ticket Sale: $16.20

• Ace Hardware • Americorps• Carmax• Cooperhome

(Special Needs volunteer group)• DOC• DutchBros• Easterseals• Fossil Ridge High School

• Front Range Baptist • Green Sheen • Lowes • New Horizons • Otterbox• Target• USAgain

(Clothing recycle)• Walmart

Special Thanks to Our Partners

ReStore Means Business

ReNew, ReUse, ReCycle

20,968 donation drop-offs

1,664 donation pick-ups

900 tons of material

saved from landfill

Source: HFHI Average of 1.8lbs per $1 in sales.

678 Volunteers = 13,987 Volunteer Hours

Home Construction Special Thanks to Our Construction Partners• Air Supply• Bloedorn Lumber • Bryant Furnace• CDS Engineering• City of Loveland• Garage Door Service

and Sales• Home Depot• Loveland Plumbing• Lowe’s

• Johnson Flooring & Custom Design

• McWebb Truss • Northern Lights

Electric • Schneider Electric• Walrite LLC• Ward Construction • Whirlpool Appliances

118 Volunteer Days to build a home

2,111 Volunteer Hours to build a home

What it Takes to Build a Habitat Home

154,000$

(Average, excluding gift-in-kind, permit & fee waivers, eff. 2018)

9,963Total Hours Worked by Volunteers in FY 2019

Statement of Financial PositionYear Ended, June 30, 2019

Statement of ActivitiesYear Ended, June 30, 2019

Current AssetsCash & Cash EquivalentsCertificates of DepositsAmounts Due from Home & Home

Mortgage SalesGrants & Contributions ReceivablesPrepaid & Other

Current Portion of Mortgages Receivables - Net

Inventory – ReStoreConstruction in Progress & LandAcquired for Development

Total Current Assets

Property & Equipment at CostLandBuildings & ImprovementsVehicles & EquipmentLess: Accumulated Depreciation

Property & Equipment – Net

Long Term AssetsLong-term Portion of Mortgages Receivable-Net of Discount to Present ValueLong-Term Portion of Land Acquired for DevelopmentEndowment held at CommunityFoundation of Northern Colorado

Long-Term Assets

Total Assets

2019$ 1,042,336

1,792,926

10,02529,00027,756

73,5515,414

368,876$ 3,350,884

$ 340,0001,281,964

151,968(439,112)

$ 1,334,820

$ 1,330,465

534,902

30,267$ 1,895,634

$ 6,581,338

2018$ 1,447,731

-

107,680-

21,781

106,204-

453,659$ 2,137,055

$ 340,000847,147129,003

(414,212)$ 901,938

$ 2,048,005

639,957

-$ 2,687,962

$ 5,726,955

REVENUE & SUPPORTOperating RevenuesSales to HomeownersMortgage Discount AmortizationProceeds from Forgivable MortgagesGain from Repurchased HomeReStore Revenues- NetDiscount Earned on Sale of MortgagesOther GainsInvestment Income

Total Operating Revenues

SupportContributions & GrantsDonated Services & MaterialsSpecial Events- Net

Total Support

TOTAL REVENUE & SUPPORT

EXPENSESProgram ServicesHome ConstructionReStore

Total Program Services

Support ServicesManagement & GeneralFundraising

Total Support Services

TOTAL EXPENSESChange in Net AssetsNet Assets – Beginning of YearNET ASSETS – END OF YEAR

2019$ 1,029,166

166,95314,569

0936,690

1,264,8796,707

33,752$ 3,451,716

$ 406,465282,286

53,323$ 742,074

$ 4,193,790

$ 2,211,471749,498

$ 2,960,969

$ 192,541110,726

$ 303,267

$ 3,264, 236929,554

5,412,4346,341,988

2018$ 961,375

206,364108,941199,604942,127341,807

14,2451,446

$ 2,776,909

$ 247,498138,68754,826

$ 481,011

$ 3,257,920

$ 1,975,989726,254

$ 2,702,243

$ 113,346140,958

$ 254,302

$ 2,956,245301,375

5,111,0595,412,434

Loveland Habitat Financials

Financial Strength

2019 Major Funding Areas 2019 Major Program Impact

Mortgage Related

Activities34%

Home Sales25%

ReStore Revenue

22%

Contributions, Grants & Special Events

18%

Gains & Investments

1%

Home Construction

68%

ReStore23%

Management & General

6%

Fundraising3%

Power of Volunteers

Based on Colorado average of $25.43/hour

ReStore

13,987

Construction

9,963

Board of Directors &

Committees- 1,082

Value of Volunteer Hours Invested in Loveland Habitat for Humanity

25,032 Volunteer Hours = $636, 564

100200300400500600700800900

100011001200130014001500

FY 2018 FY 2019

1000

1485

Volunteer Growth

Annual Number of Volunteers

Building on Faith

26 Days Invested by local Faith Partners

13 Different ChurchesSending Volunteers

981 Hours Volunteering by Faith Partners

15,991Raised for 2019 Faith Build Home

$

Special Thanks to Our Faith Partners

• All Saints Episcopal• Calvary Derby Hill• Campion Seventh-day Adventist• Faith Church• First United Methodist Church• Foundations Church• Grace Community Church• Immanuel Lutheran Church

• King of Glory Lutheran Church• Mountain View Community Church• Mountain View Presbyterian Church• St. John the Evangelist Catholic Parish• St. Spyridon Orthodox Church• Trinity Lutheran Church• Trinity United Methodist Church• Zion Lutheran Church

Fundraising

Estate Gift27%

Events- Builder's Ball, Rare Bourbon Auction,

Colorado Gives21%

Grants, Foundations &

Trusts20%

Build Spnsorships12%

Donations & Carpenters Club

8%

Faith Build Home4%

Corporate Donations & Employees

4%

Cars For Homes 2% Endowment

2%

23.36Carpenters Club Members Donate

$

On Average Every Month

$5,000

$15,000

$25,000

$35,000

$45,000

$55,000

$65,000

$75,000

FY 2018 FY 2019

$64,097

$73,734

Builder’s Ball Income Growth

Fundraising = $370,023

Estate GiftDorothy J. Almquist Revocable Trust

$5,000+Austin & Austin Appraisal Services

BBVA Compass BankCars For Homes/Habitat International

John & Danielle FeeneyFirst National Bank

Liquor Max WarehouseLoveland Rotary Club

Lowe’s HardwareMark & Linda Kissel Family Foundation

NutrienWells Fargo Foundation

$1,000+Andy & Natalie Shamley

Smart Book Business Solutions/Becky EzzellSt. John the Evangelist Catholic Church

Swiss RE FoundationThornton Charitable Foundation

Thrivent ChoiceThrivent Investment Employee Match

Trinity Lutheran ChurchU.S. Bank Foundation

United Way of Greater St. LouisUnited Way of Larimer County

University of WisconsinRudolph Venturoni

Blake VermeerRoger & Anita Williams

Wipfli CPA’s & ConsultantsZion Lutheran Church

FY 2019 Donations

$1,000+All Saints Episcopal Church

Kyle ArcherMattias BorrmanDanielle Brown

Jane BushC3 Real Estate Solutions

Matt & Jennifer CampCarMax - Loveland

Carrier WestKatherine Colby

Colorado Financial ManagementDomino’s PizzaMatthew Dozier

Matthew EckelmanEllis Ranch

Robert FabryJeff FeneisFirst Bank

$1,000+Robert Freeman

Foundations ChurchAndrew Haines

Jorgensen Charitable TrustKeysight Technologies

Kum & GoLiquor Max/Harold & Kathy Rogers

The Loveland ConnectionLoveland Ready Mix Concrete

Jon & Kathy MalloBruce & Darcy McDaniel

McWebb TrussMountain View Presbyterian Church

Mary M. MyersNordson Medical Corporation

OtterCares FoundationPark Range Construction

Pinnacol AssuranceRCOM Computer Services

George Rigby/Exxon Mobil Foundation

$500+Anonymous DonorAugustana College

Tom & Kristie AberleDirk & Heather BanksSteve & Patty BarkleyPhyllis Brinson Easley

Bloedorn LumberCalvary Derby Hill Baptist Church

Blake ChamblissLeroy & Theresa Cline

Colorado Financial ManagementMelvin Cook

Thomas CrossVince Deely & Susan Atwater

DIY CreationsDale & Mo Doering

ECHO (Employees Charitable Organization)Gene & Angela Elder

Kitty Ellison

$500+JoAnn Fernandez

Josh FerrisFred & Nancy Garcia

Guaranty Bank & TrustHabitat for Humanity International

Arnold & Lois HartDoug & Angie Hartman

Charlotte HughartRonda Hyken

IBM employeesKay Kaempfe

Kaiser PermanenteMichael & Debbi Kloberdanz

David & Tory KoumaBill & Cindy Kurtz

Sharon LillisLoveland Chamber of Commerce

Joshua MillerRobert & Julie Monroe

Mary Ella Peterson

$500+Pinkard Construction Company

Precision ChiropracticRandy & Naomi Reece

Ed & Cheryl SmithSteve & Sylvia StagerKim & Linda StensonJim & Judy Stewart

SummitView AdvisorsChauncey & Christy TaylorThe Loveland Connection

Alyssa TurnellWayne Vandenberg & Sue Taigman

Gary & Kimberli VoelkerJim Vosberg

The Weedin Agency/Eric WeedinPete & Dawn Wells

Xcel EnergyGene & Cheri Zeller

Aerial Photos: Shadow Play Films

FY 2019 Donations

683Hours Volunteering by Board Members and Committees

FY 2019 Board of Directors

President Jon Mallo, Swiss RE Vice President Matthew Dozier, The Group Real Estate Treasurer Kyle Archer, First BankSecretary Dr. Jane Brewer, Precision Chiropractic

Jennifer Camp, Fifth Third BankPastor Chris Davis, Trinity Lutheran Church

John Feeney, C3 Real Estate SolutionsRon Hanser, Hanser & Associates (retired)Pete Levine, BrinkmanBruce McDaniel, PhD, Univ. of Northern Colorado (retired)Chris Wertheim, Executive Recruiter (retired)

We believe that affordable homeownership is critical to successful growth and well-being for families. This past year we helped 6 families build and own a decent, affordable home. Through homeownership, families build strength, stability and self-sufficiency.

FY 2019 presented challenges and opportunities. We continue to see the cost of building a home grow. We see increased demand for new and creative fundraising efforts and access to grant funding. These are challenges we are committed to overcome. This year we also capitalized on the opportunity to purchase an office space that will serve us well for years to come. We envision a dynamic working environment and education center to support homeowner classes and expand community awareness of affordable homeownership opportunities through Habitat for Humanity.

At our core we know that volunteers are the essence of our success and enable us to build homes and operate the ReStore. This report highlights the data, but without people, we could not thrive. The entire Loveland Habitat team is grateful for your support and confidence.

Cindi Hammond, Executive Director Jon Mallo, President of the Board

Donated by Gift In Kind Partners

296,908 $

Invested in Loveland Habitat’s Endowment Fund at the Community Foundation of Northern Colorado, to build long term financial strength for future growth

30,267 $

Leadership