PLATINUM2024

Greater Des Moines Habitat for Humanity Subordinate

aka Habitat   |   Des Moines, IA   |  www.gdmhabitat.org
GuideStar Charity Check

Greater Des Moines Habitat for Humanity

EIN: 42-1275330  Subordinate info


Mission

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

Ruling year info

1986

Chief Executive Officer

Mr. Lance Henning

Main address

PO Box 716

Des Moines, IA 50303 USA

Show more contact info

EIN

42-1275330

Subject area info

Community improvement

Housing development

Christianity

Population served info

Low-income people

NTEE code info

Housing Development, Construction, Management (L20)

Community, Neighborhood Development, Improvement (S20)

Christian (X20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

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

Tax forms

Communication

Affiliations

Programs and results

What we aim to solve

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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?

Homeownership Program

Families apply for partnership through the GDM Habitat homeownership program based on three criteria: need for housing, ability to pay, and willingness to partner. Partner families complete 300-400 hours of sweat equity, including Habitat homeownership program education. At closing, families purchase their home through an affordable mortgage.

Population(s) Served
Low-income people

GDM Habitat’s Home Preservation Program brings homeowners, organizations, and volunteers together to assist low-income residents with owner-occupied repairs and modification, including maintenance, weatherization, safety, accessibility, and beautification of homes.

Population(s) Served

One-on-one Housing Counseling
Participants schedule a one-on-one counseling session with one of our Housing Counselors to assess their financial situation and create a custom plan to reach their homeownership goals.

Financial Education
Financial Foundation for Success is a comprehensive, hands-on money management program, focused on empowering individuals and families through financial literacy. Greater Des Moines Habitat for Humanity staff facilitate four group classes in a welcoming environment, focused on learning real world application of concepts, and designed for all skill levels.

Population(s) Served

At Habitat for Humanity, our mission is to make affordable homeownership possible. Our Tool Library allows low-income homeowners to borrow tools to repair or improve their homes. A membership gets you access to more than 400 tools for home maintenance, renovation, lawn, garden, DIY projects, woodworking, metalworking, and more for a full 365 days. Renting or owning tools can be very costly. If you have the skills to do a project yourself, we can help make that project more affordable. The membership fee is $200/year. Discounted memberships can be as low as $25 based on income qualifications.

Population(s) Served
Low-income people
Low-income people
Low-income people

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
Related Program

Homeownership Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Greater Des Moines Habitat for Humanity helps low-income Central Iowans purchase their first home with a Habitat affordable mortgage, which is never more than 30% of their income.

Number of older adults being supported to live at home through home care, assistive technology, and/or personal support plans

This metric is no longer tracked.
Totals By Year
Related Program

Home Preservation Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

GDM Habitat completes home repairs to help aging low-income Central Iowans remain safely and affordably in their homes for as long as possible.

Number of participants counseled

This metric is no longer tracked.
Totals By Year
Related Program

Housing Counseling & Financial Education

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

GDM Habitat provides financial counseling to low-income prospective homebuyers to ensure they have the financial literacy to be financially stable before and after purchasing their home.

Goals & Strategy

SOURCE: Self-reported by organization

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

Charting impact

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

As our part to reduce racial disparities in homeownership and provide solutions to Central Iowa's 57,000-unit workforce housing shortfall, Greater Des Moines Habitat for Humanity will create, preserve, and champion homeownership affordability for 575 Central Iowans annually by the end of 2026.

Strategic Focus Areas
1. Double the home buyers
2. Deepen neighborhood revitalization and increase repairs as a catalyst for community transformation
3. Increase access to credit
4. Amplify the importance of affordable housing through advocacy
5. Clear the path to homeownership information and resources (education and resource center)
6. Expand resources and skills to serve more families (people and resources to grow)
7. Create a data-driven organization

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

Greater Des Moines Habitat for Humanity
Fiscal year: Jul 01 - Jun 30
Financial documents
2022
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

0.72

Average of 0.59 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

3.4

Average of 3.8 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

21%

Average of 17% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Greater Des Moines Habitat for Humanity

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Greater Des Moines Habitat for Humanity

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Greater Des Moines Habitat for Humanity

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Greater Des Moines Habitat for Humanity’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $859,051 $733,354 $1,520,328 $3,881,614 $24,338
As % of expenses 7.8% 6.2% 13.8% 31.5% 0.1%
Unrestricted surplus (deficit) after depreciation $597,261 $464,199 $1,268,737 $3,644,575 -$236,633
As % of expenses 5.3% 3.9% 11.3% 29.1% -1.2%
Revenue composition info
Total revenue (unrestricted & restricted) $11,688,264 $12,527,132 $12,529,342 $16,131,855 $24,171,530
Total revenue, % change over prior year -9.6% 7.2% 0.0% 28.8% 49.8%
Program services revenue 55.5% 55.5% 49.0% 41.0% 33.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.3% 0.3% 0.2% 0.3% 0.4%
Government grants 3.5% 1.9% 4.3% 1.7% 0.6%
All other grants and contributions 23.3% 27.0% 28.7% 43.3% 54.4%
Other revenue 17.3% 15.3% 17.8% 13.7% 11.7%
Expense composition info
Total expenses before depreciation $10,981,015 $11,756,303 $11,017,200 $12,308,577 $20,262,457
Total expenses, % change over prior year 0.3% 7.1% -6.3% 11.7% 64.6%
Personnel 37.8% 36.9% 40.4% 40.2% 28.6%
Professional fees 0.3% 0.4% 0.3% 0.3% 0.5%
Occupancy 1.7% 1.6% 2.0% 2.2% 1.9%
Interest 1.6% 1.4% 1.0% 0.8% 0.8%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 58.5% 59.6% 56.3% 56.6% 68.2%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $11,242,805 $12,025,458 $11,268,791 $12,545,616 $20,523,428
One month of savings $915,085 $979,692 $918,100 $1,025,715 $1,688,538
Debt principal payment $417,796 $3,862,884 $198,060 $1,029,088 $0
Fixed asset additions $0 $0 $0 $0 $5,793,065
Total full costs (estimated) $12,575,686 $16,868,034 $12,384,951 $14,600,419 $28,005,031

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 3.5 3.7 6.7 7.3 3.4
Months of cash and investments 9.2 5.5 8.7 9.1 4.2
Months of estimated liquid unrestricted net assets 18.2 16.9 19.3 20.0 10.3
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $3,188,053 $3,631,270 $6,172,881 $7,533,856 $5,671,163
Investments $5,249,718 $1,765,952 $1,856,666 $1,806,928 $1,340,866
Receivables $9,673,510 $9,008,259 $8,429,056 $7,371,404 $10,313,565
Gross land, buildings, equipment (LBE) $6,453,614 $6,451,251 $6,513,618 $6,536,026 $12,280,857
Accumulated depreciation (as a % of LBE) 22.2% 25.6% 27.6% 30.8% 18.1%
Liabilities (as a % of assets) 34.6% 22.3% 20.7% 16.0% 23.8%
Unrestricted net assets $16,666,997 $17,131,196 $18,399,933 $22,044,508 $21,807,875
Temporarily restricted net assets $409,305 N/A N/A N/A N/A
Permanently restricted net assets $205,939 N/A N/A N/A N/A
Total restricted net assets $615,244 $655,599 $736,764 $609,462 $4,542,791
Total net assets $17,282,241 $17,786,795 $19,136,697 $22,653,970 $26,350,666

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

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

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Chief Executive Officer

Mr. Lance Henning

Number of employees

Source: IRS Form 990

Greater Des Moines Habitat for Humanity

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

Greater Des Moines Habitat for Humanity

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

Greater Des Moines Habitat for Humanity

Board of directors
as of 02/22/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Paul Hlivko

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Term: 2023 - 2025

Tina Smith Fritz

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Pat Wood

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Kathy Kay

Principal

Jodi Kness

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Luis Arredondo

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Kristi Burma

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Kate Clark

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Wes Foster

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Mary Beth Hamann

Wellmark

Negus Sankofa Imhotep

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Sam James

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Jenna Kimberley McClelland

Kimberley Development Corporation

Clark Matthews

Kum & Go

Todd Mattison

Kemin Industries

Katherine Saunders

American Equity

Jason Stone

Denton's Davis Brown

Heather Van Nest

John Deere Financial

Kris Williams

Federal Home Loan Bank of Des Moines

Alyssa Young

Two Rivers Marketing

Organizational demographics

SOURCE: Self-reported; last updated 9/29/2023

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:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 11/01/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser