PLATINUM2024

Pikes Peak Habitat For Humanity

A world where everyone has a decent place to call home.

aka PPHFH   |   Colorado Springs, CO   |  www.pikespeakhabitat.org

Mission

Seeking to put God's love into action, Pikes Peak Habitat for Humanity brings people together to build homes, communities and hope.

Ruling year info

1986

CEO

Kris Lewis

Main address

2802 N. Prospect Street

Colorado Springs, CO 80907 USA

Show more contact info

EIN

35-1640064

NTEE code info

Housing Development, Construction, Management (L20)

Christian (X20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2023, 2022 and 2021.
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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

In El Paso County, over 65,000 people of a 730,000+ population live below the poverty line. One-third of the 260,851 households in El Paso County are extremely-low income (earning less than $25,100) or very-low income (earning $25,100-$46,620). Of these households, 70% are cost-burdened (paying more than one-third of their income on housing), including 37% that pay more than half of their income (data per the Affordable Housing Collaborative in El Paso County). The median price of a home in our service area is $441,000 and median rent is $1,566/month (Dec. 2022). To afford this rent and pay no more than 30% of one’s income requires a salary of $62,640/yr or $30/hr. The families we serve earn 35% to 80% of the area median income ($33,635-$73,700 for a family of four). In providing affordable housing, Pikes Peak Habitat for Humanity strives to assist at least five families every year achieve homeownership so they can have a decent place to call home.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Home Building and Repair Program

The Home Building and Repair Program is designed to work with workforce families in need of housing. Through volunteer labor and donations of money and materials, Pikes Peak Habitat for Humanity builds and rehabs houses in partnership with these families. Habitat houses are sold at no-profit to the partner families and financed with affordable mortgages. In addition to saving for the $2,000 down payment/closing costs and paying their monthly mortgage, partner families invest hundreds of hours of their own labor - "sweat equity" - into the construction or renovation of their home and the homes of others. Sweat equity reduces the cost of the house and increases the pride of ownership among family members. Families are selected based on their level of need, willingness to become partners in the program, and ability to repay the loan. Pikes Peak Habitat also offers repair assistance to seniors, veterans, and cost-burdened families that need help to maintain their home.

Population(s) Served
Economically disadvantaged people
Adults

As first-time homebuyers, our partner families attend classes on credit counseling, budgeting and fiscal responsibility, home maintenance, and good neighbor relations to further ensure their success as homeowners. Pikes Peak Habitat provides support for each family through every step of the homeownership process to ensure their continued success in homeownership after closing on the house. As a result of this training and securing affordable housing, Habitat families rely less on food stamps and government financed medical care. We remain in close contact and provide support for each family throughout the length of their mortgage, and are better able to assist families if they experience challenging times than a traditional lender.

Population(s) Served
Economically disadvantaged people
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of low-income families housed in affordable, well-maintained units as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Related Program

Home Building and Repair Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

This metric shows the number of households that built homes with Pikes Peak Habitat for Humanity and ultimately purchased the house within this calendar year.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Goal 1: Increase the number of families and individuals who are living in permanent, affordable housing in the Pikes Peak region.
Goal 2: Empower and equip families with the tools they will need to become successful homeowners.
Goal 3: Engage volunteers in meaningful activities and serve in the success of our programs.

Goal 1 Strategy: With volunteer labor and tax-deductible donations of money and materials, Habitat builds and repairs safe and secure houses in partnership with the community and prospective homeowners.

Goal 2 Strategy: Provide homeownership classes on budgeting and fiscal responsibility, home maintenance, and good neighbor relations to new families to further ensure their success as homeowners. Provide support for each family through every step of the homeownership process.

Goal 3 Strategy: Recruit individuals and groups to volunteer, document data and record volunteer hours to calculate value of donated time.

Although Pikes Peak Habitat is the only organization in El Paso County providing permanent housing solutions to very low-income families, we collaborate with a variety of businesses and individuals to help our homeowners build and maintain their first home. All future homeowners complete 16 hours of mandatory first-time homebuyer classes that include credit counseling; budgeting/money management; protecting assets; and more.

To keep the costs low for the homeowner, Pikes Peak Habitat collaborates with community businesses, churches, organizations and foundations for funding, material donations and volunteers. We have partnerships with several local and national companies that provide in-kind services and goods. Some of these partners include Whirlpool (supplying refrigerators and ranges), Levolor (blinds), DOW/DuPont (discounted foam sheathing, sealants, house wrap), Clark Land Surveying (pro bono surveying services), among many others.

Goal 1 Progress: Pikes Peak Habitat completed five new homes in 2022 with two more under construction. With the purchase of their Habitat home, these homeowners experienced financial relief and independence, and, as a result, have more stable, healthy home environments, less debt, and access to more career and educational opportunities. Four households received repair assistance, allowing the families to maintain a safe and secure home affordably.

Goal 2 Progress: In addition to the four families whose homes have been completed so far in FY23, plus those families whose house is under construction, we assist 82 partner families whose mortgage is serviced by Pikes Peak Habitat. Nine homeownership classes were provided this year. In 2022 Pikes Peak Habitat homeowners paid a total of $149,293 in El Paso County property taxes, a reinvestment of dollars into our community.

Goal 3 Progress: In FY 2022 a total of 2,645 unduplicated volunteers gave 43,651 hours of their time to our operating committees, construction site, administration office, and ReStore -- a value of $1,375,443 ($31.51/hr. per the Independent Sector).

Financials

Pikes Peak Habitat For Humanity
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Pikes Peak Habitat For Humanity

Board of directors
as of 02/09/2024
SOURCE: Self-reported by organization
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Eric Stolp

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Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 2/1/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity
Female

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data