Habitat for Humanity Central Arizona
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 Central Arizona meets the 20 Standards for Charity Accountability.
Stated Purpose:
Seeking to put God’s love into action, Habitat for Humanity brings people together to build homes, communities and hope.
Year, State Incorporated:
1985, AZ
Habitat for Humanity Central Arizona builds, rehabs, and repairs homes. The organization invests in families willing to work hard to become homeowners. Partner Families are required to work 200 to 400 hours of sweat equity to build their homes and the homes of other families. Sweat equity includes hours spent on the construction site, volunteering at one of the ReStores, and attending classes to learn how to be a successful homeowner. Habitat for Humanity Central Arizona's ReStore's provide the community with a source of low-cost materials for home improvement, reduce the volume of materials going to landfills, and generate funds for Habitat.
For the year ended June 30, 2023, Habitat for Humanity Central Arizona's program expenses were:
| Program services | $13,771,502 |
| Total Program Expenses | $13,771,502 |
Chair of the Board
Mr. Tony Reid, Board Chairperson
Chair's Profession / Business Affiliation
Deloitte Financial Advisory Services
Board Size
34
Paid Staff Size
127
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
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 Central Arizona's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Sales of completed homes | $5,417,700 |
| Contributions | $5,237,808 |
| Home Repair Program | $1,638,593 |
| Amortization of mortgage discounts | $1,534,588 |
| Grants | $1,072,483 |
| Gain (loss) on sale of mortgages | $977,249 |
| Special events (net of direct expense of $188,677) | $514,592 |
| Investment return | $456,004 |
| In-kind contributions | $204,516 |
| ReStore Sales (net of operating expenses of $7,374,669) | $170,679 |
| Other revenue | $56,260 |
| Gain on sale of land | $30,789 |
| Other gains (losses) | $22,260 |
| Change in deferred gifts | $10,238 |
| Discounts on new home mortgages | $-3,079,748 |
| Total Income | $14,264,011 |
Programs: 83% Fundraising: 7% Administrative: 10%
| Total Income | $14,264,011 |
| Total expenses: | $16,523,976 |
| Program expenses | $13,771,502 |
| Fundraising expenses | $1,135,477 |
| Administrative expenses | $1,616,997 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-2,259,965 |
| Beginning Net Assets | $42,727,052 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $40,467,087 |
| Total Liabilities | $12,008,757 |
| Total Assets | $52,475,844 |
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Report completed by:
Better Business Bureau Serving the Pacific Southwest