2016-11-01T09:58:50-05:00 2015-06-30 MARCUM LLP ONE SE THIRD AVENUE SUITE 1100 MIAMI FL 33131 990 2014-07-01 592320573 HABITAT FOR HUMANITY OF BROWARD INC % LUCRETIA L COLEMAN HABI 9543963030 3564 NORTH OCEAN BLVD FORT LAUDERDALE FL 33308 NANCY ROBIN EXECUTIVE DIRECTOR 2016-10-26 2014 2017-02-10 21:41:12Z NANCY ROBIN 3564 NORTH OCEAN BLVD FORT LAUDERDALE FL 33308 5081246 false X WWW.HABITATBROWARD.ORG X 1983 FL THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW INCOME FAMILIES WITH DECENT AND AFFORDABLE HOUSING. 18 18 21 8694 0 1536936 2462115 895903 920584 5226 3753 1575904 1010562 4013969 4397014 0 0 0 0 947131 948396 0 0 278846 2748079 2908721 3695210 3857117 318759 539897 20019724 20660116 656355 756850 19363369 19903266 THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE LOW INCOME FAMILIES WITH DECENT AND AFFORDABLE HOUSING. false false 3120969 920584 CONSTRUCTION AND SALE OF SINGLE FAMILY HOMES FOR LOW-INCOME FAMILIES 3120969 true true false false false false false false true false true false false true true true true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 7 0 true 21 true false false false false false false false false false false X 18 18 false false false false false false false true true false false false true true true true true true true false X LUCRETIA L COLEMAN 9543963030 3564 NORTH OCEAN BLVD FORT LAUDERDALE FL 33308 X Ian B Berger Chairman 1.0 X X Bill Feinberg 1st Vice Chair 1.0 X X Linda D Jones Secretary 1.0 X X Kathy L Craven Chair-Construction 1.0 X Nancy A Daly Chair-Restore 1.0 X Stephen R Palmer Treasurer 1.0 X X Susan Renneisen Director 1.0 X Bob Leider Director 1.0 X Tim Dobbins Director 1.0 X Kevin A Fernander Esq Director 1.0 X Dr Eloise Mccoy-Cain Director 1.0 X Richard A Rodriguez Director 1.0 X KRIS RICH Director 1.0 X Burnadette Norris-Weeks Director 1.0 X Cynthia Martin Director 1.0 X Robert Taylor Jr Director 1.0 X GARY BITNER DIRECTOR 1.0 X John Romandetti Director 1.0 X Perry Ecton Executive Director 40.0 X 125000 125000 1 false false false BNB CONSTRUCTION INC 6148 NW 11TH STREET SUNRISE FL 33313 CONSTRUCTION 216129 SAGOMA CONSTRUCTION SERVICES INC 3116 S ANDREWS AVENUE FORT LAUDERDALE FL 33316 CONSTRUCTION 196868 MARTIN CASE CONSTRUCTION 2341 NW 30TH STREET FORT LAUDERDALE FL 33311 CONSTRUCTION 155205 BOMAC ELECTRIC INC 2723 NW 19TH STREET POMPAMO BEACH FL 33069 ELECTRICAL 119068 A JESAL CONSTRUCTION CORPORATION 11472 NW 44TH STREET CORAL SPRINGS FL 33065 CONSTRUCTION 100789 5 458167 2003948 2462115 HOME SALES 857496 857496 RENTAL INCOME PRIOR TO SALES 9151 9151 COLLEGIATE CHALLENGE 28825 28825 LATE FEES 25112 25112 920584 3753 3753 0 0 0 0 0 0 28575 24668 3907 3907 0 1733751 659564 1074187 AMORTIZATION OF RECEIVABLES/PAYABLES 583636 583636 IMPAIRMENT LOSS -651168 -651168 -67532 4397014 920584 -59872 0 0 0 0 125000 45000 52500 27500 0 676306 243470 284049 148787 13468 4596 5714 3158 70940 24212 30095 16633 62682 21393 26592 14697 0 120059 84041 24012 12006 46100 32270 9220 4610 0 0 0 0 38895 38895 108205 76157 21365 10683 0 0 0 33566 27934 3755 1877 0 0 0 16700 16700 7755 7755 0 BUILDING MATERIALS 2251415 2251415 INSURANCE & TAXES 116717 116717 BAD DEBT EXPENSE 129317 129317 VOLUNTEER PROGRAMS 25983 25983 14009 14009 3857117 3120969 457302 278846 2951787 2496665 3053423 1302846 122746 456991 0 0 0 0 0 0 7722209 7728383 150000 150000 72594 96452 2708193 837485 1856925 1870708 0 0 0 0 0 0 0 0 4090040 6558071 20019724 20660116 71898 239159 0 0 50000 0 0 0 463298 464160 0 0 71107 45439 0 0 52 8092 656355 756850 X 15806095 19207266 3557274 696000 0 0 19363369 19903266 20019724 20660116 539897 X false true X true false X 2589568 2708961 2458738 1532147 2462115 11751529 0 0 2589568 2708961 2458738 1532147 2462115 11751529 0 11751529 7370 12551 4458 4458 28837 0 89294 219373 7285 19728 28575 364255 12144621 11691454 0.96763 0.96541 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 2604378 780674 1823704 103815 56811 47004 1870708 HOMES AVAILABLE FOR SALE 6558071 6558071 0 OTHER LIABILITIES 8092 8092 4509522 87840 24668 112508 4397014 4397014 3969625 87840 24668 112508 3857117 3857117 REVENUE/EXPENSE RECONCILIATION DIRECT FUNDRAISING EXEPNSE OF $24,668 IS SHOWN AS AN EXPENSE ON THE AUDITED FINANCIAL STATEMENTS. HOWEVER, DIRECT FUNDRAISING EXPENSES ARE SHOWN NET OF FUNDRAISING INCOME ON THE FORM 990, PAGE 9. UNCERTAIN TAX POSITION The Organization accounts for uncertainty in income taxes in accordance with GAAP, which requires recognition in the accompanying financial statements of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The Organization had no material unrecognized tax benefits and no adjustments to its financial position, activities or cash flows were required. The Organization does not expect that unrecognized tax benefits will increase within the next twelve months. The Organization's tax returns for the current and prior three years remain subject to examination by Federal and state tax jurisdictions. The Organization did not record any interest or penalties on uncertain tax positions in the statement of financial position as of June 30, 2015 or the statement of activities for the year then ended. If the Organization were to incur any income tax liability in the future, interest on any income tax liability would be reported as interest expense and penalties on any income tax liability would be reported as income taxes. ESCROW SCHEDULE D, PART IV, LINE 2B HOMEOWNERS PAY THEIR MONTHLY MORTGAGE PAYMENTS TO BROWARD HABITAT WHICH ACTS AS CUSTODIAN FOR THE ESCROW PORTION OF THE PAYMENT. ESCROW AMOUNTS ARE SET TO COVER THE HOMEOWNER'S PROPERTY TAXES, INSURANCE, AND OTHER EXPENSES AND THESE ANNUAL COSTS ARE REMITTED TO THE APPROPRIATE AUTHORITY OR VENDOR WHEN DUE FROM THE HOMEOWNER'S ESCROW ACCOUNT. HYP 7621 7621 379 GOLF 7468 7468 3423 715 3 13486 13486 6624 13527 28575 28575 10047 14621 24668 3907 X RESALE VALUE X BUILDING MATERIALS 1 0 TRADE ESTIAMTE false false false RESTORE THE ORGANIZATION DOES NOT ADJUST INVENTORY FOR CONTRIBUTIONS OF GOODS TO THE RESTORE. IN ADDITION, THE ORGANIZATION DOES NOT RECORD CONTRIBUTED MATERIALS USED IN CONSTRUCTION. THEREFORE, NO AMOUNTS CAN BE LISTED FOR NON-CASH DONATIONS TO THE RESTORE OR FOR CONSTRUCTION. VOLUNTEERS VOLUNTEERS ARE INVOLVED PRIMARILY WITH THE CONSTRUCTION OF HOMES SOLD TO FAMILIES OF VERY LOW INCOME. 990 REVIEW THE FORM 990 IS REVIEWED BY THE MANAGEMENT OF THE ORGANIZATION PRIOR TO FILING THE RETURN. CONFLICT OF INTEREST THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS TO FILL OUT AN ANNUAL CONFLICT OF INTEREST STATEMENT. COMPENSATION COMPENSATION OF OFFICERS AND TOP MANAGEMENT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. GOVERNING DOCUMENTS THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.