Habitat for Humanity Metrowest - Greater Worcester Inc.

Transcription

1 Habitat for Humanity Metrowest - Greater Worcester Inc. General Information 64 Lincoln Street Worcester, MA 165 (58) Website Organization Contact Tim Firment office@habitatmwgw.org Year of Incorporation

2 Statements & Search Criteria Mission Statement The mission of Habitat for Humanity-MetroWest/Greater Worcester is to create simple, decent homes in our communities by working in continuing partnership with God's people in need who are committed and able to become homeowners. Habitat's volunteers believe that the greatest means to assist families is in providing a homeownership opportunity. Simple, decent, and affordable housing can have a profound impact on stabilizing a family, and providing for long-term security. The Habitat program is one of self-empowerment: a hand up, not a hand out. Background Statement Habitat for Humanity-MetroWest/Greater Worcester's (HFH-MWGW) mission is to create decent homes in good communities by working in continuing partnership with those in need who are committed and able to become homeowners. We believe that the greatest means to assist families is in providing homeownership opportunities. A simple, safe, and affordable home can have a profound impact on stabilizing a family and providing long-term security. The Habitat program is one of self-empowerment: we offer families A Hand Up, Not a Hand Out we build homes with families, not for them.habitat for Humanity International, the 6th largest U.S. homebuilder, has built 5, + houses throughout the world, providing more than 2.5 million people with safe, decent, affordable shelter. Locally, HFH-MWGW, an affiliate of International, works as a developer, a social agency and a bank. Over the past 27 years, HFH-MWGW has completed 33 homes, providing permanent, stable homes for 47 adults and 79 children. 212 will see the completion of another home (Worcester), serving an additional 1 adult and 1 child. In the past three years, HFH-MWGW has expanded its capacity to build homes, recently adding five homes to our portfolio with another six in the pipeline over the next two years. Since our merger with the MetroWest Habitat in 27, HFH- MWGW has worked hard to create a presence in the 29 towns it serves.the magic of Habitat is through community residents of all ages and all walks of life who have contributed their personal time with fund-raising, outreach and construction efforts to make these homes a reality.hfh- MWGW builds houses with families who earn between 25-6% of the area median income and do not qualify for other homeownership programs. Habitat homeowners are pre-qualified and expected to contribute 4-5 hours of sweat equity' to constructing either their home or someone else's. After completion, they purchase the house at a % interest mortgage based on 3% of family income minus taxes and utilities. A partnership is established between the Habitat family and HFH- MWGW for the next 3 years as HFH-MWGW offers each family support, financial educational opportunities and loan maintenance. Impact Statement 212 has been a year of major growth for us. We are going from building 2 homes a year to 4 homes a year. By the end of 212 we will have dedicated 4 homes, bringing the total number to 34, providing permanent, stable homes for 48 adults and 8 children.this fall we will be breaking ground for 6 more homes (2 in Worcester, 4 in Wayland) and helping 6 more families find stable, decent, affordable housing.our ReStore, a retail outlet selling new and gently used building/home improvement materials and home furnishings, has increased their hours of operation to 4 days a week and will be looking at additional days in the future. Establishing relationships with community partners to expand the donor base will also be a priority. Proceeds from every item sold at the ReStore goes directly to fulfilling our mission of building homes for those in need. We will complete another 2-3 Veteran's Initiative projects this year helping to modify the homes of disabled Veteran's for their accessibility or making a critical home repair. We will increase our presence in the community with smaller Neighborhood Revitalization Projects by making home repairs, adding wheelchair ramps, cleaning up lots and other projects that can bring a neighborhood together.building homes, building hope, building communities. 2

3 Needs Statement In this next year we need to raise more than 1 million dollarsjust to fund the 6 homes we're breaking ground on this fall ($712, Wayland, $3, Worcester). In addition we need to raise funds for our Critical Home Repair Projects forr Veterans, our Neighborhood Revitalization Initiatives, and administrative costs. As we build in additional towns it is critical that we recruit and engage more volunteers as our homes are built with over 9% volunteer labor truly engaging the communities in all that we do. We need to look for available land or foreclosed homes that can be donated for future build projects. In doing so we will be reaching out to more of the cities and towns in our service area, broadening our reach. We currently are discussing these opportunities with Chase Bank and Bank of America.Increasing the donations of merchandise for us to resell at our ReStore is another area where we will be focusing. We are forming relationships with area towns to have receptacles at their transfer stations so residents can drop off their donations in-town. Our free pick-up policy has encouraged larger and more frequesnt donations. The ReStore will be reaching out to more Real Estate offices and organizations to help spread the word. Board Chair Statement It is really a privilege to be in a leadership role with an organization as recognizable and impactful as Habitat for Humanity. We have gone from building 1 home per year to building 4 homes per year at HFH MetroWest/Greater Worcester, and plan to grow exponentially from here. We are also deeply involved in home repairs for veterans under a special program from HFH International. In my 3+ years involvement with Habitat I have seen success story after success story the model simply works. We require 4-5 hours of sweat equity from our partner families, so our volunteers frequently work side by side with the families who will be receiving the homes. We provide a hand up, not a hand out and require 3 things from our families: the ability to pay a % interest, $ profit mortgage (based on 3% of the families income minus housing expenses such as taxes and utilities); the willingness to partner with HFH; and a demonstrated need for an affordable, safe, decent home. We believe this is a right not a privilege. This has a profound effect on stabilizing a family.recently I was contacted by one of our new home owners who told me that her 16 year old son had gone from failing grades in school to alla's & B's. His high school principal was unaware of the new HFH home and called to ask what had changed in his life. The only difference was his new home. But this shift in his life prompted him to change his circle of friends to a much more positive group, and he was able to re-focus on his school work and live in a more positive manner. The change was dramatic and continues to this day. This is not uncommon, and frankly I have come to expect it. I have seen it occur in case after case, where safe, decent, affordable housing changes entire generations of families and raises them up out of poverty. The model simply works and I am very proud to be part of this wonderful organization. Service Categories Housing & Shelter NEC Community & Neighbourhood Development Housing & Shelter NEC Geographic Areas Served Ashland, Auburn, Boylston, Charlton, Framingham, Grafton, Holden, Holliston, Hopkinton, Leicester, Marlborough, Millbury, Natick, Northborough, Northbridge, Oxford, Paxton, Rutland, Sherborn, Shrewsbury, Southborough, Southbridge, Sturbridge, Sudbury, Sutton, Wayland, West Boylston, Westborough, Worcester 3

4 Please review online profile for full list of selected areas served. 4

5 Programs Home Building Description We organize local resources to build affordable housing and provide simple, decent houses to families earning between 25% - 6% of the area's median income. We partner with these families to provide a % interest mortgage after they have completed their sweat equity hours and financial planning classes. Budget 1 Category Population Served Program Short Term Success Program Long term Success Program Success Monitored By Examples of Program Success Housing, General/Other Affordable Housing Families, Other Economic Level, In addition to the lives of a family changing, each Build Project will have a significant impact on the town and its neighboring communities with the spirit of volunteerism that occurs throughout this project. The magic of Habitat is the level of community involvement and support garnered for each Project. The future Habitat homeowners will work alongside these volunteers of all ages, backgrounds and skill levels. Volunteers see the real face of affordable housing need and homeowner applicants meet a caring and involved community. Upon completion of a home, families find stability and hope within their lives; Habitat strengthens communities by helping families help themselves. Families are able to break free from the cycle of poverty through the availability of stable housing. A stable home, in turn, helps a child's educational success; many times children can stay in the same school system. Family lives are improved, housing costs are stabilized,and job performance and prospects are on the rise. The results are lifechanging. Families stay in their homes and continue to thrive. We hear stories of children's grades improving, homeowners gettting promotions and families having great pride in their home. One of recent homeowners' 16 year old son had gone from failing grades in school (before Habitat) to all A's & B's. His high school principal was unaware of the new Habitat home and called to ask what had changed in his life. The only difference was his new home. But this shift in his life prompted him to change his circle of friends to a much more positive group, and he was able to refocus on his school work and live in a more positive manner. The change was dramatic and continues to this day. Furthermore he has set an example for his three younger siblings to work hard in school and appreciate thei new life together as a family. 5

6 Volunteers Description Volunteers are the heart and soul of Habitat. Habitat homes arebuilt with 93% volunteer labor; Habitat relies on the generosity ofindividuals, groups, and organizations to provide their time and support.hfh-mw/gw will engage a minimum of 75 volunteers providing over 3+ hours of community service for each home we build. Budget Category Population Served Program Short Term Success Program Long term Success Program Success Monitored By Examples of Program Success Philanthropy, Voluntarism & Grantmaking, General/Other Volunteer Training & Placement Adults, College Aged (18-26 years), K-12 (5-19 years) We are participating in volunteer fairs to increase the number of immediate volunteers. We are also participating in Lunch & Learns opportunities at local businesses. We will have HFH chapters with a strong commitment to working with us in all of the local High Schools and Colleges. We'll bring in highly skilled retirees to volunteer with us by connecting with senior service organizations. By monitoring how far in advance we have our build days filled we can see if what we are doing is successful. We track how often the volunteers come back and inquire about the experience they had with us. We know its working because we've had to increase the amount of individual volunteer days we offer. We have volunteers who come back time after time and become regulars on our build sites. People will come out with their company for a Corporate Team Build Day and end up coming back on an individual build day because they had a great time. One gentleman from one of our corporate builds has come back numerous times and has brought his sons (2 and 16) with him to build. We have two large groups of women who come out each year for our Women Build weekend and use it as a reunion to meet up with their friends. 6

7 The ReStore Description The Habitat for Humanity-MetroWest/Greater Worcester ReStore is a retail outlet that sells quality, new and gently-used construction and home improvement materials as well as home furnishings for a fraction of regular retail prices.the ReStore provides an environmentally and socially responsible way to keep good, reusable materials out of the waste stream all while helping to make the dream of homeownership a reality for low-income families in the MetroWest and Greater Worcester areas. Budget Category Population Served Program Short Term Success Program Long term Success Program Success Monitored By Examples of Program Success None of the above Adults, College Aged (18-26 years), We have increased our sales by over 24% from last year to this year. The ReStore is a Green initiative, our long term our goal is to reduce the amount of waste going into our landfills. We'd like to add another day of operation to the weekly calendar and open another donationcenter/store location in the future. It is our intention to raise enough funds to actually fund the contruction of a new home. Growth of sales and donations are reviewed monthly. The ReStore is open from Wednesday Saturday and each Wednesday morning there is a line of contractors and do-ityourselfers at the door waiting to see what's new. People come back frequently and they tell their friends and coworkers as they know the donated items move off the floor as fast as they come in. The ReStore concept has been well received. 7

8 Neighborhood Revitilization Initiative Description Through the Neighborhood Revitalization Initiative, HFH-MW/GW will serve more families by responding to community needs with an expanded array of products, services and partnerships, enhancing the quality of life for all. Community revitalization addresses not only housing needs but also residents' quality of life. We know the transformative effect safe, decent housing can have on a family. Through NRI we can offer basic house repairs for existing low-income homeowners, critical home repairs, and weatherization to make existing homes more energy efficient and affordable. Budget Category Population Served Program Short Term Success Program Long term Success Program Success Monitored By Examples of Program Success Housing, General/Other Home Repair Programs Poor,Economically Disadvantaged,Indigent, Elderly and/or Disabled, In the sort term more familes will have pride in their homes and be able to live comfortably with safety issues taken care of at their homes. We will increase the number of families that we can serve andtherefore strengthen more communities. We will expand on our mission by not only building homes for those in need but also helping to repair exsisting homes for homeowners who otherwise would not be able to pay for the repairs. We apply for grants to help with these projects and continue to be granted monies to complete them. We count how many projects we can complete and the satisfaction of the homeowners we help. We have to report on the projects we've completed as part of the renewal process for a grant from the Home Depot Foundation which we were just awarded again this year. We were able to fix a deteriorated roof for a disabled WWII veteran and add a wheelchair ramp to another veteran's home. We also joined with another local organization to do exterior maintenance for an elderly woman. 8

9 Cars for Homes Description By donating a car to Cars for Homes, Habitat for Humanity International's vehicle donation program, you support our mission of building houses in partnership with families in need of a handup, not a handout. It is quick and easy to donate automobiles, trucks, boats, RV's, motorcycles, construction equipment and other vehicles ~ running or not. We save you the time and energy of finding a buyer, plus, you may be eligible for a tax deduction. Just call and Habitat will do all of the work! Budget Category Philanthropy, Voluntarism & Grantmaking, General/Other Philanthropy, Voluntarism & Grantmaking, General/Other Population Served Adults,, Program Short Term Success Program Long term Success Program Success Monitored By Examples of Program Success We plan to develop a partnership with local car dealers for them to offer our Cars for Homes program to their customers that may have a trade-in that isn't a good fit for their lot. By saving the dealer a trip to the car auction we receive funds. By promoting the program through social media and putting information about it in letters to our donors we've already seen the donations increase. We'd like to reach $1, in donations received from this initiative within 2 years. The monies brought in through this initiative are monitored quarterly. We had the sister of one of our long time volunteers donate her car to the program and specify that the funds go to us even though she did not live in our service area. Our volunteers are talking about the program and letting them know it's an easy way to support us. 9

10 Management CEO/Executive Director Executive Director Mr. Tim Firment Term Start July 212 Former CEOs Name Term J. Douglas Havens 25 - Harriett Lebow 29 - Staff Information Full Time Staff Part Time Staff Volunteers Contractors Staff Demographics - Ethnicity African American/Black 1 Asian American/Pacific Islander Caucasian 18 Hispanic/Latino 1 Native American/American Indian Other Staff Demographics - Gender Male Female Unspecified 11 9 Formal Evaluations CEO Formal Evaluation CEO/Executive Formal Evaluation Frequency Senior Management Formal Evaluation Senior Management Formal Evaluation Frequency Semi-Annually Annually 1

11 NonManagement Formal Evaluation Non Management Formal Evaluation Frequency Annually Plans & Policies Organization has a Fundraising Plan? Organization has a Strategic Plan? Does your organization have a Business Continuity of Operations Plan? Organization Policy and Procedures Nondiscrimination Policy Whistleblower Policy Document Destruction Policy Directors and Officers Insurance Policy Permit? Under Development No 11

12 Board & Governance Board Chair Board Chair Mr. Bryan Clancy Company Affiliation Charles River Realty Investors LLC Term Apr 214 to Nov 218 Board CoChair Board CoChair Vicki Hammel Company Affiliation Interim Minister Term Dec 212 to Dec 213 Board Members Name Affiliation Status Scott Auen Kevin Barnes Indrek Buttner Brennan Campbell Bryan Clancy Laura Duncan Cornerstone Bank Barnes Building & Remodeling NAI Glickman Kovago & Jacobs Fidelity Bank Charles River Realty Investors, LLC Middlesex Savings Bank Tim Firment Habitat for Humanity - MetroWest/Greater Worcester Kevin Foley Joseph H. Frank Win Mallet Jessica E. Murphy John R. Parsons Jr. Hank Rauch Steve Theran Charlie Webb TJX Companies, Inc. Frank Treasury Advisors Meridian Contracting Ltd/Tempietto Homes Mirick O'Connell Attorneys at Law SVN/Parsons Commercial Group/Boston Retired Outrigger Management LLC Alexander Aronson Finning CPAs Exofficio Board Demographics - Ethnicity African American/Black Asian American/Pacific Islander Caucasian Hispanic/Latino Native American/American Indian 15 12

13 Other Board Demographics - Gender Male Female Unspecified 13 2 Board Information Board Term Lengths Board Term Limits Number of Full Board Meetings Annually Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions Percentage Making In-Kind Contributions Constituency Includes Client Representation % 5% No Standing Committees Building Development / Fund Development / Fund Raising / Grant Writing / Major Gifts Finance Special Events (Golf Tournament, Walk / Run, Silent Auction, Dinner / Gala) Housing and Community Development 13

14 Financials Fiscal Year Fiscal Year Start July 1, 217 Fiscal Year End June 3, 218 Projected Revenue $2,527,858. Projected Expenses $2,156,13. Endowment? No Spending Policy Income Only Credit Line? Reserve Fund? No Months Reserve Fund Covers Detailed Financials Revenue and Expenses Fiscal Year Total Revenue $3,728,372 $2,29,358 $1,813,73 Total Expenses $3,582,91 $2,554,91 $1,581,364 Revenue Sources Fiscal Year Foundation and Corporation Contributions Government Contributions $557,274 $424,896 $39,14 Federal State Local Unspecified $557,274 $424,896 $39,14 Individual Contributions $1,645,317 $667,368 $68,661 Indirect Public Support -- $ $ Earned Revenue $1,38,583 $1,7,529 $752,835 Investment Income, Net of Losses -- $ $ Membership Dues -- $ $ Special Events $184,425 $21,698 $57,229 Revenue In-Kind Other $32,773 $24,867 $4,91 14

15 Expense Allocation Fiscal Year Program Expense $2,942,848 $2,15,45 $1,243,138 Administration Expense $285,176 $235,38 $212,917 Fundraising Expense $354,67 $33,63 $125,39 Payments to Affiliates Total Revenue/Total Expenses Program Expense/Total Expenses 82% 79% 79% Fundraising Expense/Contributed Revenue 15% 27% 12% Assets and Liabilities Fiscal Year Total Assets $3,464,692 $2,521,45 $2,881,86 Current Assets $3,184,3 $2,17,28 $2,522,561 Long-Term Liabilities $1,758,57 $938,6 $979,96 Current Liabilities $188,827 $211,431 $186,243 Total Net Assets $1,517,295 $1,371,14 $1,715,747 Short Term Solvency Fiscal Year Current Ratio: Current Assets/Current Liabilities Long Term Solvency Fiscal Year Long-Term Liabilities/Total Assets 51% 37% 34% Top Funding Sources Fiscal Year 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 Comments Foundation Staff Comments Financial summary data in the charts and graphs above are per the organization's IRS Form 99s. Contributions from foundations and corporations are under listed under individuals when the breakout was not available. For the fiscal years 217, 216, 215, 214, 213, 212, 211 and 21 audits, the independent auditors issued a qualification to their opinion regarding the unrecorded store inventory/donated property. Please review the auditors opinion for further information. Created Copyright 218 The Boston Foundation 15