Habitat for Humanity of the St. Vrain Valley
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Habitat for Humanity of the St. Vrain Valley meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to put God's love into action and bring people together to build homes, communities, and hope."
Year, State Incorporated:
1988, CO
Habitat for Humanity of the St. Vrain Valley (HFHSVV) reports that it partners with qualifying low-income families to build affordable housing in St. Vrain Valley and Estes Park, Colorado. The organization brings people, businesses, civic groups, and churches together to work side-by-side with the partner families to build their affordable homes. HFHSVV also works with Habitat for Humanity International to provide resources for building homes across the globe. In 2023, the organization reported it had 11 homes currently under construction and three families moving into their new homes.
For the year ended June 30, 2023, Habitat for Humanity of the St. Vrain Valley's program expenses were:
| Home construction | $1,626,559 |
| ReStore | $869,750 |
| Family services | $226,459 |
| Total Program Expenses | $2,722,768 |
Chief Executive
David Emerson, Executive Director
Compensation*
$148,034
Chair of the Board
Bob Braudes
Chair's Profession / Business Affiliation
Computer System Architect, Avaya
Board Size
11
Paid Staff Size
24
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Print advertisements
Fundraising costs were 13% of related contributions. (Related contributions, which totaled $1,704,405, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Habitat for Humanity of the St. Vrain Valley's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Grants and contributions | $1,646,968 |
| ReStore revenue | $888,105 |
| Sales to homeowners | $284,516 |
| Mortgage discount amortization | $99,572 |
| Interest and other income | $73,328 |
| Home build income, net | $65,597 |
| In-kind contributions | $57,437 |
| Rental income | $6,900 |
| Gain on forgivable mortgages receivable | $6,194 |
| Loss on repurchase of mortgage recievable | $-42,511 |
| Total Income | $3,086,106 |
Programs: 86% Fundraising: 7% Administrative: 7%
| Total Income | $3,086,106 |
| Total expenses: | $3,174,408 |
| Program expenses | $2,722,768 |
| Fundraising expenses | $224,428 |
| Administrative expenses | $227,212 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-88,302 |
| Beginning Net Assets | $7,544,161 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $7,455,859 |
| Total Liabilities | $2,874,767 |
| Total Assets | $10,330,626 |
Note: According to the organization's audited financial statements for the year ended June 30, 2023, HFHSVV received in-kind contributions totaling $57,437 in the form of home rental ($29,960), construction services ($14,944), vehicles ($8,289), fundraising supplies ($2,411), training services ($1,272), and construction supplies ($561).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance