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Fiscal Year

2014 - 2015 Report to the Community

We build strength, stability self-reliance and shelter


B OA R D O F D I R E C TO R S Cheryl Klein, Chair

Lauren Lee

Kevin Mashburn, Vice Chair

Sally McGehee

Adrienne Laborde, Immediate Past Chair

Celia Palazzo

Tim Lentz, Secretary

Cindy Petry

Jim White, Treasurer

Todd Richard

Dodie Adams

Frank St. Romain

Melanie Housey

Cynthia Thompson

C.J. Ladner

Maurer van Voorthuysen

Habitat for Humanity St. Tammany West


FROM THE CEO In the non-profit sector this past year, the focus was on financial sustainability. Through expense reduction, ReStore profits, fundraising, grants, mortgage collections and the selling of a limited number of mortgages, Habitat for Humanity St. Tammany West achieved financial sustainability. To insure continued financial sustainability, HFHSTW intentionally decreased home construction numbers last year. However, at the same time, HFHSTW expanded its services by working with the U. S Department of Agriculture. Through this collaborative effort, six families were able to purchase non-Habitat homes in our community through USDA 502 mortgages. In addition, our affiliate sold seven homes to Habitat homebuyers who had completed their sweat equity requirements. Therefore, due to the work of HFHSTW in partnership with our donors and supporters, 13 families in our community became homeowners. These families are enjoying the Strength, Stability and Self Reliance that home ownership provides. Our success this past year was due to our hundreds of donors, thousands of volunteers, board members, and staff. Thank you for your support of our mission. Sincerely, HFHSTW President & CEO P.S. Moving forward our affiliate has set goals to increase Habitat house production for Fiscal Year 2016 and to evaluate the feasibility of renting homes to families who have been accepted into the sweat equity process. Stay tuned for further details. 2014-2015 Fiscal Year Annual Report


We seek to put God’s love into action, bringing people together to build homes, communities and hope.

WHO WE ARE: Habitat for Humanity St. Tammany West (HFHSTW) is an ecumenical Christian ministry dedicated to eliminating poverty housing by building simple, decent and affordable housing.

WHAT WE DO: Since it was founded in 1981 as the tenth Habitat affiliate in the U.S. and the first in Louisiana, 242 new home construction projects have been completed and sold to local partner families with no profit, affordable mortgages.

WHERE WE BUILD: Habitat STW is currently building houses primarily in Abita Springs and Covington and occasionally in Mandeville. We are always searching for new land and our building locations can change according to what land becomes available. Our service area includes Abita Springs, Covington, Folsom, Madisonville and Mandeville. In addition, our affiliate has continued to support Habitat for Humanity Uganda and has provided funds to construct one home in Uganda in FY 2014-2015.

“I will be setting an example for my children to never give up and that no matter how hard life gets and what’s thrown your direction, put your faith and trust in God and he will provide.” Kashanie Warren

Habitat for Humanity St. Tammany West


F I NA NC IA L S HFHSTW INCOME

$3,972,054 in FY 2014-2015

HFHSTW EXPENSES

$2,645,421 in FY 2014-2015

$2,079,385

$2,206,630

Construction

Program Services*

$999,300

$257,228

Contributions/Grants

Management & General

$833,710

$181,563

ReStore

Fundraising

$59,659

*Program Services include: home construction, homeowner services, volunteer services and ReStore expenditures.

Other

2014-2015 Fiscal Year Annual Report


LOCAL H A B I TAT S T W E C O N O M I C I M PA C T

The information in this report was gathered by using the Local Economic Impact of New Construction and Renovation for Homeownership tool, provided by Habitat for Humanity International.

Habitat for Humanity St. Tammany West


RESTORE

1,086,800

Pounds of unwanted items were diverted from landfills thanks to donations to the ReStore

$836,000

Habitat for Humanity St. Tammany West ReStore’s annual sales revenue for fiscal year 2015

K E Y PA R T N E R S

$39

of revenue generated per square foot in the St. Tammany West ReStore for fiscal year 2014-2015

Ace Hardware Ashley Furniture Campbell’s Cabinets CATO JCPenney

POSH Boutique Sam’s Club Shell

2014-2015 Fiscal Year Annual Report


FUNDRAISERS WOMEN BUILD

Women Build is a Habitat for Humanity International program that empowers women to make a difference in their community by taking action against local inadequate housing conditions. St. Tammany Parish has a need for affordable workforce housing, and women possess the skills necessary to make a difference. Women Build encourages women volunteers (without excluding men) to further the home building mission of Habitat. This in turn positively impacts the lives of families by making home ownership a reality. Women Build is an annual fundraiser held the entire month of October. During our FY 2014-2015 Women Build Fundraiser, over 400 individuals contributed 3,000 volunteer hours to help build three homes in Mandeville.

Habitat for Humanity St. Tammany West

COMMUNITY PARTNERS BREAKFAST

The Community Partners Breakfast is an opportunity for Habitat STW to share its mission and inspire the community to become more involved. Attendees listen to a family share their story as well as watch a video containing interviews with Habitat STW homeowners. Funds raised at the 2015 event were utilized to build homes in the Mandeville area and in the neighborhood south of Harrison St. (Dog Pound Road).


HOMEOWNERSHIP CENTER (HOC) HOC services low to moderate income families in S t . Ta m m a n y P a r i s h . In FY 2014-2015:

13

total closings occurred and 36 people in those 13 families gained stable, affordable housing

90

people attended classes on Financial Fitness, Homebuyer Training and Home Repair Maintenance

59

HOMEBUYER SERVICES In Pre-Purchasing Counseling, experienced counselors work with potential homebuyers to determine their mortgage readiness, evaluate credit and other requirements for financing. They work together to develop a plan to overcome any credit or savings obstacles and connect homebuyers with any available down payment assistance programs. Homebuyer Education Workshops guide potential buyers through all steps of the home buying process and provide information on protecting and preserving your home and investment.

FINANCIAL FITNESS Financial Fitness Workshops teach practical money management concepts and skills with the goal of building financial capacity and long-term financial success. With an emphasis on putting knowledge into action, it combines hands-on activities and small group discussion.

HOMEOWNER SERVICES Buying a home is just the first step. Homeowners need

households received individual the knowledge to care for what is likely to be the biggest counseling in pre-purchasing, investment they’ll ever make – a new home. Home Care & credit or financial topics Maintenance classes are designed to help new

220

VITA (Volunteer Income Tax Assistance) tax returns were filed with the help of the staff of the HOC

homeowners understand basic home systems and preventive maintenance, and to plan for responsibilities of homeownership. In Home Repair/Rehabilitation Counseling, experienced counselors work with homeowners to provide information on available community resources and help qualified homeowners apply for affordable repair loans. 2014-2015 Fiscal Year Annual Report


FA M I L Y PA R T N E R S

Scott Family

Latoya Scott has had the blueprint of her future Habitat home hanging on her wall for the last three years. With confidence and determination, she has been working hard to reach her biggest goal in life: to own a home before she turns 30. This was a goal Latoya set when she was 25-years-old after she decided she was ready to call a place her own. “I told myself that if I can’t keep the house I’m living in, I don’t want it. The greatest feeling I could have is calling a place my own. And I need to show my son that if I can do it, he can too,” Latoya says. Latoya purchased her home in June of 2015.

Jordan Family

After the loss of her mother at the age of 14 left her unsure about her future, Ashley Jordan made it her goal in life to always be prepared for the unexpected. “I’m buying a home… a place for my kids to call home. I want a safe and secure home for me and my girls so if something ever happens to me, I know they will have a roof over their heads and be protected,” Ashley said.

Being a homeowner means much more to Ashley than having four walls and a roof above her head. It means creating memories with her daughters in a place they can call home and doing everything for her children that she knows her mother would have done for her. Ashley purchase her home in June of 2015. Habitat for Humanity St. Tammany West


A P P L I C AT I O N P R O C E S S

To apply with HFHSTW: To apply with Habitat for Humanity St. Tammany West: 1. You must live or work in west St. Tammany Parish. 2. Your yearly family income must fall into the range below: Family Size

At Least

No More Than

One Two Three Four Five Six Seven Eight

$12,600 $14,400 $16,200 $18,000 $19,440 $20,880 $22,320

$25,200 $28,800 $32,400 $36,000 $38,880 $41,760 $44,640

$23,760

$47,520

3. Your current housing must be: • Substandard– problems with heat, water, electricity or structure • Inadequate– not suited for a family member who has a limitation • Dangerous– located in unsafe or unsanitary conditions • Overcrowded • Temporary • Too Expensive 4. You must fill out and complete a Personal Profile Form located on our website at www.habitatstw.org/own-home and, once completed, call the Homeownership Center for an appointment at 985-893-3172, ext 225 or 227.

To afford a Habitat Home, HFHSTW must determine:

1. Your income is steady and stable over time. 2. Your income will allow you to save for closing costs. 3. You can afford the monthly mortgage payments along with your other debts 4. Your credit report and current debts show satisfactory payment history. If you have credit problems, help is available. 2014-2015 Fiscal Year Annual Report


Construction Volunteers Must be 16 or older Tuesday-Saturday 8am-4pm

ReStore Volunteers C ONTAC T I N FOR M AT ION: 1400 North Lane Mandeville, LA 70471 985.893.3172 985.893.2822

WW W. HABI TAT ST W.ORG

Must be 14 or older Monday-Saturday 9am-5pm

To Schedule Your Volunteer Time or To Make a Donation: Visit us online at www.habitatstw.org Or make checks payable to Habitat for Humanity St. Tammany West 1400 North Lane Mandeville, Louisiana 70471

FY 2014-2015 Annual Report  

Habitat for Humanity St. Tammany West Fiscal Year 2014-2015 Annual Report

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