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CHARITY REVIEW
Issued: January 2025 Expires: January 2027

Habitat for Humanity of the St. Vrain Valley

Accredited Charity
Accredited Charity

Meets Standards

303 Atwood Street
Longmont, CO, 80501

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. 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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Report completed by:
BBB Wise Giving Alliance