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Habitat for Humanity New York City 2016 Annual Report

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Habitat for Humanity New York City transforms lives and communities by building quality, affordable homes with families in need, and by uniting New Yorkers around the cause of affordable housing. 3


Habitat NYC’s vision is a city - and a world - where everyone has a decent place to live.

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A message

from our CEO New York City is more than a city of movers and shakers and dealmakers; it is a city of neighborhoods where our children play and go to school, where we worship and where we make our roots. It is our launching pad and our resting place. It is our home. Though they share our passion, many of our neighbors cannot truly call this city their home. They are the hard-working New Yorkers who rise early to open the city and stay late to close it up at night. For their home, their safe space, they must travel further afield just to find something even moderately affordable. If they do live in the city, they almost certainly live in overcrowded, unsafe or inadequate housing and are significantly rent-burdened. If you know Habitat for Humanity, you know that we believe in the partnering with families to provide the opportunity for decent and affordable home ownership. But affordable home ownership in New York City? That’s an oxymoron, right? Wrong! Since 1984, Habitat for Humanity New York City has delivered the dream of home ownership to more than 500 families and revitalized more than 100 community spaces through a combination of new construction and preservation programs. We accomplish this work through the traditional Habitat model of engaging volunteers and, you may be surprised to learn, as an affordable housing developer, where we select projects that have more limited volunteer scope. It is always our aim to serve as many New Yorkers as we can, as efficiently as we can. Engaging volunteers in the work of affordable housing will always and forever be at our core – the impact of this work is transformational to the families and also to the volunteers themselves. I hope you will join us. Together, we will celebrate as our partner families’ move into their homes, and together, the Habitat NYC team will set the stage for new and innovative methods to help more New Yorkers for generations to come. Karen Haycox

CEO, Habitat for Humanity New York City

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Housing Insecurity

Hurts New Yorkers The rate of homeownership in New York City is just 31% — less than half of the national average.

64%

National rate of homeownership NYC rate of homeownership

31%

Nationwide, renters have dramatically lower financial assets than homeowners — by more than a 36 to 1 margin.

Assets of homeowners

Assets of renters

1 in 8

3%

children in NYC have been diagnosed with asthma.

of home purchase prices in 2014 were affordable to low-income families

SOURCES: NYU Furman Center

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Issues associated with substandard housing, like mold, dust and pests, are among the causes of respiratory issues like asthma.

Federal Reserve Survey of Consumer Finances

NYC Dept. of Health and Mental Hygiene


“If you don’t have a home, you can’t build anything else.” – Vivian Louie, HPD Commissioner and Habitat Volunteer

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“The security of having this house was a privilege, and having that privilege when I know that other people don’t, that pushes me to say ‘I need to work to deserve this.’ To go to college, to do better for myself. I have been given this gift, I need to do something with it.” —Kristiana M., on growing up in a Habitat home

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Habitat Homes

Change Lives

65%

25%

of Habitat homeowners report improved grades in children*

of Habitat homeowners feel more financially secure*

Children of homeowners are

nearly 100%

116%

of Habitat homeowners report improvements in asthma suffering*

more likely to graduate college than children of renters.

SOURCE Building Homes, Building Hope: The Social Impact of Habitat for Humanity Homes in New York City

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Building & Preserving

Communities This year, we built upon the ambitious goals we’ve set for ourselves. Not only that, but we set the stage for the most robust pipeline of construction projects in our history.

553

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37

100

233

47

Families served since 1984

Homes in pre-development

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Public spaces revitalized through our A Brush With Kindness program in 2016

Families moved into new homes in 2016

Potential new homes in our pipeline

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AmeriCorps members gained career readiness skills serving with Habitat NYC

“Hope starts when somebody gives you a hand. Someone helps to lift you up from wherever you are and says, ‘You can make it.’” – Gladys M., Habitat Homeowner 10

Families served in 2016 through our preservation efforts

Individuals enrolled in our Pathway2Partnership financial literacy program


Construction of the 15-unit Dean Street Residences in Brooklyn provided thousands of New Yorkers the opportunity to build with us this year.

A Habitat volunteer helps to repair and preserve a Sandy-damaged home in Staten Island.

Former AmeriCorps Member and current A Brush with Kindness Site Supervisor Sam Winter paints a vibrant mural in a community center.

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Uniting New Yorkers Our volunteers power our operation. This year, our volunteers hammered, painted, sawed, sold items at the ReStore and spoke out to build and preserve New York City’s communities, and advocates laid the foundation for the future of our grassroots efforts from the local to global levels.

“You could find out about a passion you didn’t know you had.” – Shane H., Habitat NYC Volunteer

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VOLUNTEER BREAKDOWN

2724

Construction site volunteers

1093

A Brush With Kindness volunteers

1049

Critical Home Repair volunteers

533

ReStore volunteers

75

Special events & office volunteers

51,165

8,244

TOTAL VOLUNTEER HOURS

HOUSING JUSTICE ADVOCATES

“Painting a senior center, helping out at a build site, supporting social functions, stuffing envelopes and talking to donors, it all was completely rewarding, and I gained much, much more than I gave.”

We led advocacy efforts to support permanently affordable homeownership through Community Land Trusts. Introduced legislation supporting Community Land Trusts to NYC City Council Dept. of Housing Preservation & Development expressed interest in the future of CLTs.

– Alex L. Habitat NYC volunteer for 11 years 13


Donor Highlights 1784

Corporate volunteers throughout the year

Corporate Partner Highlight:

Voya Financial

Faith & Community volunteers throughout the year

Faith Partner Highlight:

Grace Church of New York

Partner since 2014

Partner since 1984

Donated more than $60,000 since 2014

Donated $100,000 in 2016

“We were first involved with Habitat because it makes a great teambuilding opportunity. But over the years, we’ve seen their mission in action and it has become much more focused on one of the many ways we invest in communities.” — Braeden Mayrisch, Voya Foundation & Office of Corporate Responsibility 14

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“As we hammer nails, put up dry wall, break bread with neighbors, and watch a family move into a home of their own, we’ll be able to point and say, ‘This is what the kingdom of God looks like.’” — The Rev. J. Donald Waring, Rector of Grace Church in New York


A year of successes at the

NYC ReStore

The Habitat NYC ReStore, in Woodside, Queens, is a store that accepts donations of gently used furniture, appliances, household goods and even construction materials, and sells them at up to 80 per cent off retail price. All proceeds from the store directly fund our mission to build and preserve homes and communities.

A YEAR AT THE RESTORE

10,354

32,164

TRANSACTIONS

ITEMS SOLD

TOP-SELLING ITEMS:

HARDWOOD FURNITURE

APPLIANCES

LIVING ROOM FURNITURE

NUMBER OF MILES OUR DONATION TRUCKS DROVE:

(That’s more than driving every street in New York City…twice!)

POUNDS OF WASTE DIVERTED FROM LANDFILLS:

(That’s more than the weight of one and a quarter subway cars!)15


Welcome to our House In October, our first-ever Habitat House Party gala was a great success, raising over $615,000 to build and preserve homes for hard-working New Yorkers. Guests sampled whiskey, painted a mural, listened to a live swing band, built a scale model of an upcoming Habitat NYC development, and generously donated to ensure that New York City remains a place where we all can afford to live.

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Board of Directors Doug Morse, Chair

John Alex

Anthony Montalto

North Lake Capital

Morgan Stanley

Jaros, Baum & Bolles

Peter Murray, Vice-Chair

Michael Castellon

Erika Parkins

Skanska USA Building Inc.

Hearst Corporation

Vimla Black Gupta

Richard Roberts

Dolphin Property Services

Father Stephen Mimnaugh, Vice-Chair St. Francis Friends of the Poor, Inc.

Martha Parrish, Secretary MVP and Company

EstĂŠe Lauder Companies

John Isaacs CB Richard Ellis

Brian Lichter Davis Polk & Wardwell

Zali Win, Treasurer CrĂŠdit Agricole

Red Stone Equity Partners

Brian Smalley Amalgamated Bank

Scott Zucker Tradeweb

Christine McGuinness Schiff Hardin

Thank you to our board members whose terms of service came to an end in 2016: Carmen Hughes

Ron Darling

Marti Speranza (leave of absence)

Leadership Council In the fall of 2016, Habitat NYC launched our Leadership Council, a group of passionate advocates for Habitat NYC who will serve as a guiding force for our organization. Christine McGuinness, Chair Schiff Hardin

Denise Courter

Keith Mestrich

FiDi Families

Amalgamated Bank

Ron Darling

Pastor Gilford T. Monrose

Muslim Community Network

Former All Star Pitcher for the New York Mets

Mt. Zion Church of God 7th Day

Emily Bergl

Pastor Ziddie Hamatheite

Lee Olesky

Dr. Debbie Almontaser

Actress

Wayside Baptist Church

Tradeweb

Assemblywoman Rodneyse Bichotte

Marc Heinrich

Blanca Ramirez

McKinsey & Company

Hudson Housing Capital

New York State Assembly

Carmen Hughes

Liz Blake

Handel Group

Councilman Donovan Richards

Retired, Habitat for Humanity International

Karim Hutson Genesis Companies

Marti Speranza

Erica Buckley

Blair Lichter

Candidate for New York City Council

Stroock & Stroock & Lavan

Attorney

New York City Council Member

Amy Carlson Actress

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Fiscal Year 16

Financials Revenue

Contributions & Grants $3,431,780

Home Sales $3,161,644

Government Subsidies

Expenses

Other

$757,924

In-Kind

$347,038

Earned Income $336,423

$1,368,011

TOTAL: $9,402,820

5-Year Averages

Program Services $8,683,527

Management & General $1,936,156

Fundraising $1,364,306

TOTAL: $11,983,989

Because the process of building and selling homes can often span two or more fiscal years, Habitat NYC’s Five Year Average presents a clearer financial picture of our program expense efficiency. These numbers represent combined figures from 2012 – 2016.

Services 82% Program $64,455,155 & General 10% Management $7,390,273

8% 18

Fundraising $6,416,663

TOTAL: $78,262,091


Donors Fiscal Year 2016: July 1, 2015 to June 30, 2016

100K+ Anonymous Bank of America Delta Air Lines Grace Church in New York City Habitat for Humanity International Lord & Taylor

75K+ Tradeweb

50K+ Con Edison Goldman, Sachs & Co. Salesforce Wells Fargo Bank

We couldn’t complete our vital work without the combination of volunteer labor and generous donated funds from compassionate New Yorkers and caring corporations. Thanks to all who donated to Habitat NYC this year.

25K+

15K+

1st Dibs AIG Enterprise Risk Management Anonymous Citi Depository Trust & Clearing Corporation Hope For New York Marble Collegiate Church Douglas Morse Plymouth Church Polo Ralph Lauren Foundation Scopia Capital Management David A. Terveen

Anonymous Evan and Joan Bauer Citizen Watch Company of America FieldLens Fred Alger Management John Isaacs JPMorgan Chase & Co. Phillips-Van Heusen Foundation Carole L. Pittelman Santander Bank Semper Capital Management Marti Speranza and Roderick Wong Travelers

AvalonBay Communities Capital One Foundation Collegiate Church Corporation Ron Darling Dynasty Wealth Management Enterprise Holdings Fidelity National Title Insurance

First American Title Insurance Company KPS Capital Partners M&T Charitable Foundation Cecily Pinkerton The Esther Simon Charitable Trust TD Ameritrade Unicomer Texas

First Presbyterian Church In Jamaica Firstborn G III Leather Fashions Global Brands Group Suzanne M. Halbardier International Furnishings and Design Association Kate Spade & Company Christopher Kraus and Darcy Stacom Elizabeth Z. Loos Marc Fisher Christine McGuinness Morgan Stanley Foundation The Morse Family Foundation Andrew Morse Movado Group Oaktree Capital Management

Kibbie F. Payne Perry Ellis International Prudential Financial Republic Clothing Corporation Neal Rosenberg Valerie and John Rowe Safra National Bank of New York Sanctuary Clothing Seyfarth Shaw The Jane & Frances Stein Foundation U.S. Bank VCS Group Voya Foundation Woori America Bank Peter E. Wunsch Young Men’s/Women’s Real Estate Assoc. Zegar Family Foundation

10K+ ADP Foundation AirWick Amalgamated Bank Anonymous Anonymous Arup ASHRAE

5K+ American Essentials Anne Klein Anonymous Argosy Foundation AXIS Capital Bank of America Merrill Lynch Manuel and Claire Barron BCBG Max Azria Group Brigade Capital Management Michael Castellon Chanel Clarins Constellation, an Exelon Company Coty US Crum & Forster DaVita Donna Morgan Martin E. Elling

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www.habitatnyc.org info@habitatnyc.org 212.991.4000 111 John Street, 23rd Floor New York City, NY 10038

Habitat.for.Humanity.NYC @HabitatNYC

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@HabitatNYC

– Vivian Louie, HPD Commissioner and Habitat Volunteer

2016 Annual Report for Habitat for Humanity New York City  
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