Big Bend Habitat for Humanity, Inc.

Transcription

1 Big Bend Habitat for Humanity, Inc. General Information Contact Information Nonprofit Big Bend Habitat for Humanity, Inc. Address 2921 Roberts Ave Tallahassee, FL Phone (850) Fax Web Site Web Site Facebook Facebook Twitter Twitter At A Glance Former Names Organization's type of tax exempt status Tallahassee Habitat for Humanity Public Supported Charity 1

2 Programs Programs First-time Homeownership Description Big Bend Habitat for Humanity builds homes in partnership with individuals and families in Leon and Gadsden Counties. The home is sold to the partner family at build cost only with a 0% interest, 30-year mortgage. Budget $750, Category Population Served Short Term Success Long term Success Program Success Monitored By Examples of Program Success Housing, General/Other Affordable Housing Families, Poor,Economically Disadvantaged,Indigent, General/Unspecified The near term achievements that will result from this program will be a family (families) that has a greater opportunity for success, and contributes to our community as a whole. The ultimate change that will result from this program is a stronger, safer and more economically stable family unit in our community. Our program success is monitored by surveys, reports and feedback which come from homeowners in the program, Board members, Committee members and staff. We conduct quarterly workshops, which analyze and target issues that are required for successful completion and satisfaction of the Habitat mortgage loan, as well as the maintenance and upkeep of the Habitat home and community. These workshops target personal finance and budgeting, home maintenance and repair and pre and post-foreclosure information. The workshops help to monitor the success of the program by providing valuable information from those who currently carry mortgages with BBHH, which are of concern to the homeowner. We also utilize Manausa Law Firm to assist with any mortgage delinquency issues which affect our program success. Our <2% foreclosure rate is another measure for program success, which we strive to keep at a well below-average rate. The greatest example of program success is seeing our homeowners come in to pay their mortgage. 2

3 Mission & Area Served Statements Mission Statement Our mission is to put God s love into action by bringing people together to build homes, communities and hope, while eliminating homelessness and substandard housing in Leon and Gadsden Counties. Background Statement Big Bend Habitat for Humanity has served Leon and Gadsden County since BBHH seeks to eliminate substandard housing in both counties. Habitat selects homeowners based on each family's needs and income. Homeowners help with the construction of their homes by contributing 400 hours of "sweat equity". After moving into their new homes, homeowners make monthly mortgage payments to Habitat. Unlike other lenders, Habitat provides a 30 year mortgage at zero interest rate. Impact Statement Accomplishments Funded and coordinated a housing program that resulted in the construction of 6 new houses. Acquired 6 new lots through donations. The last 7 homes received Florida Green BUILD Certified Green Home. To date BBHH has built 173 homes Goals To the best scope possible, bring together and leverage existing resources to rehab affordable housing for low-income residents and Veterans of Leon County. Acquire an adequate amount of land to be designated to accommodate Leon County s projected housing needs, including affordable housing for very low income residents through the year New residential construction homes built using energy efficiency standards to reduce energy consumption and the last 2 homes received the highest standards in the State of Florida. Needs Statement The most pressing needs for our program is monetary sponsorships and land acquisition affordability. CEO/Executive Director Statement Big Bend Habitat for Humanity (BBHH) is determined to eliminate substandard housing and homelessness in Leon and Gadsden Counties, by providing hard-working families and individuals an opportunity to work toward safe, decent and affordable homeownership. Since inception, and in partnership with local businesses, civic groups, churches and volunteers, BBHH has constructed 173 homes in the Leon/Gadsden area. In the past year BBHH provided homeownership for five families, but many others are waiting for help. BBHH believes that providing a hand up, rather than a hand out, to those seeking homeownership is a worthy endeavor. BBHH selects homeowners based on each family's particular needs and income. Homeowners help with the construction of their homes by contributing 400 hours of "sweat equity. These are hours worked by the partner family assisting with construction of other Habitat homes, as well as their own. "Sweat Equity" hours can also be earned by assisting BBHH with administrative duties as deemed appropriate. Aside from this, the sweat equity requirement affords each family an opportunity to invest something of themselves in their new home, establishing a sense of pride in homeownership along the way. And upon moving into their new homes, BBHH provides homeowners with reasonable 30-year, 0% interest mortgages. BBHH and its partners are happy to play a role in revitalizing this community, providing safety and security to families in need, while facilitating the benefits of camaraderie, partnership and goodwill. Sponsorship opportunities are available in the form of funding single-day, multiple-day, or an entire house build cycles. For more information, please contact Wes Singletary, Executive Director, at , or by at wessingletary@bigbendhabitat.org. 3

4 Board Chair Statement Big Bend Habitat for Humanity offers a hand up, not a hand out to low-income residents of Leon and Gadsden Counties who are either homeless or living in unsafe or substandard housing. Based on the most basic principles of community, Big Bend Habitat offers the opportunity for volunteers, sponsors, and other supporters work alongside future homeowners to construct affordable, well-built homes in safe neighborhoods. Each homeowner must invest sweat equity into the actual construction of their home, as well as the construction of other Big Bend Habitat homes. The financial support of the Leon and Gadsden Communities which is used to purchase land and construction materials, as well as to support staff efforts to assist homeowners in their journey toward successful homeownership -- allows Big Bend Habitat to offer these homeowners an opportunity for homeownership that would otherwise be unavailable to them. Service Categories Housing Development, Construction & Management Areas of Service Areas Served Areas Gadsden Leon BBHFH addresses long-term housing needs by building affordable homes for individuals and families living in substandard housing who earn % of the area median income. The geographic area served includes Leon and Gadsden counties. Board Chair Statement Big Bend Habitat for Humanity offers a hand up, not a hand out to low-income residents of Leon and Gadsden Counties who are either homeless or living in unsafe or substandard housing. Based on the most basic principles of community, Big Bend Habitat offers the opportunity for volunteers, sponsors, and other supporters work alongside future homeowners to construct affordable, well-built homes in safe neighborhoods. Each homeowner must invest sweat equity into the actual construction of their home, as well as the construction of other Big Bend Habitat homes. The financial support of the Leon and Gadsden Communities which is used to purchase land and construction materials, as well as to support staff efforts to assist homeowners in their journey toward successful homeownership -- allows Big Bend Habitat to offer these homeowners an opportunity for homeownership that would otherwise be unavailable to them. 4

5 Board & Governance Board Chair Board Chair Bill Oliver Company Affiliation OliverSperry Renovation Term Aug 2014 to July Board Co-Chair Board CoChair Shelby Augustyniak Company Affiliation King & Wood, P.A. Term Aug 2014 to July Board Members Name Affiliation Status Greg Adams BBHH Board member Voting Shelby Augustyniak Community Volunteer Voting Jim Banks Banks and Sweeting Law Firm Stephanie Brill Thinkspot, Inc. Joseph Brown Hopping Green and Sams Marti Chumbler Carlton Fields Erik Davis Community Volunteer Voting Jay Etheridge Deputy-CFO Melinda Harris Officer Voting Nancy Hough Community Volunteer Voting Rodney Lewis BBHH Board member Voting Tom Lewis Cardno Christine Lopez BBHH Board member Voting Frank McColm BBHH Board member Voting Tommy Mills Gadsden County Sheriff's Dept Bill Oliver Community Volunteer Voting Lauren Overton BBHH Board member Voting Tony Vila BBHH Board Memeber Voting Tony Vila Ameritas Pierce Withers FL DOACS Board Demographics - Ethnicity African American/Black 3 Asian American/Pacific Islander 0 Caucasian 17 5

6 Hispanic/Latino 0 Native American/American Indian 0 Board Demographics - Gender Male 13 Female 7 Unspecified 0 Governance Board Term Lengths 3 Board Term Limits 2 Board Meeting Attendance % 57% Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions 100% Percentage Making In-Kind Contributions 0% Constituency Includes Client Representation Number of Full Board Meetings Annually 12 Risk Management Provisions Accident and Injury Coverage Automobile Insurance Medical Health Insurance Risk Management Provisions Workers Compensation and Employers' Liability Standing Committees Development / Fund Development / Fund Raising / Grant Writing / Major Gifts Executive Finance Community Outreach / Community Relations Education Building Nominating Additional Board Members Name Danny Manausa Affiliation Manausa Law Firm 6

7 Leadership & Staff Executive Director/CEO Executive Director Term Start Aug Dr. Wes Singletary Experience Wes Singletary, Executive Director at Big Bend Habitat for Humanity, has earned a Ph.D. in American History from Florida State University. He brings a great deal of experience from state government, having served as: -Chief of Personnel with the Department of Agriculture and Consumer Services, -Program Director for Cultural and Heritage Services with the Department of State, -Chief in the Bureau of Licensing and Auditing within the State Division of Alcoholic Beverages & Tobacco, - a Senior Management Analyst II with the Division of State Fire Marshal. Singletary has taught as an adjunct history instructor at Tallahassee Community College since 1993, and in local public and private schools such as Lincoln High School and the Brookwood School in Thomasville, GA. He is a recent recipient of a Gilder-Lehrman Institute of American History fellowship, coaches Tallahassee Post 13 American Legion Baseball, and is a veteran of the United States Air Force. Dr. Singletary has also authored a number of books, articles and other scholarly publications, including works on the lives of Baseball Hall-of- Famers Al Lopez and John Henry "Pop" Lloyd, both Florida natives. Co-CEO Experience Former CEOs Name Term Lou Armesto Jan Oct 0 Tyler Turkle Nov June 0 Senior Staff Juanita Ross-Dilworth Title Program Director/ Grant Manager Experience/Biography Juanita has been with BBHH since Aimee Reed-McDonald Title Office Manager/Volunteer Coordinator Experience/Biography Aimee has been with BBHH since Nov Antoine Wright Title ReStore Manager Experience/Biography Antoine has been with BBHH since

8 Wilburn "Skip" Sawyer Title Construction Manager Experience/Biography Skip has been with BBHH since Staff Full Time Staff 4 Part Time Staff 3 Volunteers 1500 Contractors 0 Retention Rate 95% Formal Evalutations CEO Formal Evaluation CEO/Executive Formal Evaluation Frequency Senior Management Formal Evaluation Senior Management Formal Evaluation Frequency NonManagement Formal Evaluation Non Management Formal Evaluation Frequency Annually Annually N/A N/A CEO Comments Increased demand and decreased funding has impacted nonprofit organizations in an enormous way. The needs of the communities far exceed beyond the capacity of Leon and Gadsden counties. Economic conditions impact the number of families in need of decent, affordable housing. Additionally, the organizations rely heavily upon donations, which are not only impacted by economic conditions but other unmet needs. Other factors include: Language barriers- they may not know how to obtain needed services. They also may have different cultural beliefs regarding homeownership. Other factors which may cause challenges are: special populations such as the homeless, migrant or seasonal agricultural workers, residents of public housing, at-risk children, or people with mental health, developmental disabilities, or substance abuse problems, political factors will also affect the program design, implementation, and continuation of new or expanded services. BBHH continues to partner with federal/state, city/county government, churches, businesses, organizations, universities, and private donors to assist with building affordable housing. 8

9 Plans & Collaborations Plans & Policies Organization has a Fundraising Plan? Organization has a Strategic Plan? Years Strategic Plan Considers Management Succession Plan? Organization Policy and Procedures Nondiscrimination Policy Whistleblower Policy Document Destruction Policy Directors and Officers Insurance Policy No Under Development N/A Under Development 9

10 Financials Fiscal Year Fiscal Year Start July Fiscal Year End June Projected Revenue $1,153, Projected Expenses $1,122, Endowment Value $8, Spending Policy Percentage Percentage (if selected) 4% Form 990s Detailed Financials Revenue and Expenses Total Revenue $1,215,789 $1,183,771 $983,010 Total Expenses $1,031,109 $1,443,919 $1,119,990 Revenue Sources Foundation and Corporation Contributions Government Contributions $10,843 $33,228 $23,786 Federal State Local Unspecified $10,843 $33,228 $23,786 Individual Contributions $395,687 $251,457 $299,146 Indirect Public Support Earned Revenue $112,584 $74, Investment Income, Net of Losses $810 Membership Dues Special Events $56,669 $72,300 $111,072 Revenue In-Kind $186,558 $122,507 $84,516 Other $453,448 $629,698 $463,680 10

11 Expense Allocation Program Expense $778,532 $1,219,773 $939,352 Administration Expense $97,719 $101,022 $111,043 Fundraising Expense $154,858 $123,124 $69,595 Payments to Affiliates Total Revenue/Total Expenses Program Expense/Total Expenses 76% 84% 84% Fundraising Expense/Contributed Revenue 33% 34% 16% Assets and Liabilities Total Assets $2,851,775 $2,714,487 $3,015,822 Current Assets $1,166,729 $985,662 $1,289,810 Long-Term Liabilities $260,052 $273,956 $330,584 Current Liabilities $172,080 $205,568 $190,127 Total Net Assets $2,419,643 $2,234,963 $2,495,111 Short Term Solvency Current Ratio: Current Assets/Current Liabilities Long Term Solvency Long-Term Liabilities/Total Assets 9% 10% 11% Top Funding Sources Top Funding Source & Dollar Amount Second Highest Funding Source & Dollar Amount Third Highest Funding Source & Dollar Amount Capital Campaign Currently in a Capital Campaign? No Goal $0.00 Capital Campaign Anticipated in Next 5 Years? State Charitable Solicitations Permit Permit? Exempt 0 Organization Comments The committee structure is comprised of the following: Finance- The role of the finance committee is primarily to provide financial oversight for the organization including: budgeting and financial planning, financial reporting, and the creation and monitoring of internal controls and accountability policies; Fundraising- Identify and approach potential donors (individual, church, corporate) for either cash or in-kind donations; Nomination- will seek candidates for election and appointment that possess the integrity, leadership skills and competency required to direct and oversee the Company's management in the best interests of its shareholders, customers, employees, communities it serves and other affected parties; Faith Relations/Family Support-; Family Selectionwork with families to meet the established criteria for sweat equity hours to help transition to homeownership; 11

12 Construction Committee-define the type of construction that best fits the needs of families dealing with specifically house design, materials, energy efficiency and cost estimates. BBHH has a finance committee, the duties of which are as follows: This committee is responsible for overseeing the implementation and administration of policies and procedures for handling and accounting for asset of the affiliate; preparing an annual revenue and expense budget for submission to the Board; working with the Fund Raising Committee to coordinate development of those resources necessary to meet the revenue goals of the budget; monitoring the implementation of the budget and, when necessary, making recommendations to the Board regarding adjustments to the budget; overseeing the administration of the affiliate's mortgage portfolio; monitoring the affiliate's mortgage escrow account receipts and disbursements; and, ensuring that annual mortgage escrow receipts are sufficient to pay the taxes and expenses related to each mortgaged property in a timely manner. The BBHH Board of Directors, through its finance committee, monitors delinquent payments on a monthly basis. Those consistently delinquent are offered the opportunity to make extra payments with their mortgage for an agreed up period and then have their loans modified. Further, such homeowners are strong encouraged to apply for the Florida Hardest Hit program. This has in the past brought numerous mortgage holders current. BBHH finds this process preferable to foreclosure, which when processed, is generally done so against an original homeowner's estate. The BBHH Board of Directors, through its finance committee, monitors all Florida RESPA and Mortgage origination laws on a regular basis, in conjunction with BBHH's attorney and accountant. The Board of Directors, which oversees the organization in general, approves and reviews the business strategies and policies that govern the organization. They are also responsible for understanding risk limits and setting acceptable ones, establishing organizational control structure, and making sure senior management identifies, measures, monitors, and controls risks and monitors internal control effectiveness. Foundation Comments Financial figures were taken from the audits. Contributions from foundations and corporations are included with total for individuals, as they are not separated in the audit or 990. Top 3 funding sources are not reflected above as they are not indicated in the audit or 990. Has an Endowment at the Community Foundation. Created Copyright 2018 Community Foundation of North Florida 12