Habitat For Humanity Sarasota Inc
1757 N East Ave
Sarasota FL 34234
Mission
To partner with God and community to provide decent, affordable housing for people in need so they may build better lives for their families.
Leadership
CEO/Executive Director Renee Snyder
Board Chair Ken Pendery
Board Chair Company Affiliation First Watch, Inc.
History and Background
Tax Exempt Status Public Supported Charity
Supported Organization HABITAT FOR HUMANITY SARASOTA INC
Awarded a competitive grant from Community Foundation in the last 5 years?
Incorporation Year 1985
Financial Summary
 
 
Projected Revenue $5,823,725.00
Projected Expenses $4,955,145.00
Additional Documents
IRS Letter of Determination
501c3 IRS Letter
State Info
State Charitable Solicitations Permit Yes July 2014
State Registration Yes Apr 2013
Statements
Impact
  • Habitat Sarasota is proud to announce its next biggest project, an enclave of homes situated in North Sarasota’s Newtown neighborhood.

    When the project is complete in 2016, Habitat Sarasota will have built six Habitat homes on 24th Street.  This is in the Emma E. Booker Elementary School district. Habitat Sarasota has site control of this former foreclosed property, which Habitat Sarasota purchased from Northern Trust Bank in June 2014.

    The six single family homes will enhance Newtown, which recently celebrated its 100th anniversary. The new mini neighborhood is just steps away from the first Habitat homes built in Sarasota in 1985. Groundbreaking on the new project’s first home was in March 2015. It’s expected more than 600 volunteers will work on the project. During the coming months, Habitat will screen and process potential homeowners. All will have to complete Habitat Sarasota’s Pathways to Homeownership education programs and each will have to provide a minimum of 300 hours of “sweat equity” of work on their prospective homes.

    The project will provide significant neighborhood improvement along the 24th Street corridor, which is visible from U.S. 301. The area is also adjacent to the site of one of Habitat Sarasota’s first homes, built 30 years ago.  A blighted, burned out structure was demolished to prepare the building site.

    The land acquisition, demolition of the structure, site clearing and the construction of four of the six homes are funded.  Habitat Sarasota seeks sponsors for the remaining two homes. The financial goal for each home is $80,000 for a total of $160,000. Sponsorships include full or partial funding for the homes.

     
  • The impact we make on the community and the families we serve is profound. Our mission of providing affordable housing is also an economic engine for our community. Our Habitat families pay property taxes and homeowners insurance . We purchase supplies for our homes locally. We provide approximately 20 jobs in our ReStores. We participate in job training and placement programs through SunCoast Workforce and AARP. We reuse and recycle building materials and household furnishing for resale to support our mission and keep thousands of pounds of unwanted and used materials out of our land fill through our Reuse and Recycle program that our ReStore provides the community.  
 
  • We provide the necessary education, guidance and support required to insure that our homeowners remain successful homeowners and have the life skills necessary to build a brighter financial future through homeownership. We are proud that in this economy, our Habitat mortgage delinquency and default rate is slightly omore than 5 percent. We provide foreclosure counseling to low income families as well as assist past families with counseling and mortgage servicing.   
  • We honor our donor commitment that 100% of all donated funds will go to providing a home for a working family. 
  •  Continue to increase the strength and capacity of our board and board involvement particularly in the area of fund development.
Background
Habitat for Humanity  Sarasota Inc. was founded in 1985. The founders believed that decent housing was the most important need in this community  Habitat's Mission is "to partner with God and community to provide decent affordable housing for people in need so that they may build better lives for their families."
With the support of many churches, community organizations, corporations, individuals, foundations and thousands of volunteers, Habitat Sarasota has built 200 homes in Sarasota County.
The most recently completed large development is Jordan’s Crossing across from Tuttle Elementary School and contains 79 single family homes. In 2008 and 2009, Habitat Sarasota was awarded 2 Aurora Awards and 2 Grand Aurora Awards from the Florida Home Builders Association for its newest development on Central Avenue at 20th Street. The seven “green homes” there are built to be sensitive to the environment with solar roof panels, longer lasting construction materials and a roof and wall systems that lower the owner’s utilities costs by 58%.
Habitat manages two very successful ReStores that sell donated furniture and construction materials. Every Habitat home is built by volunteers and funded by private donations. Every donation is tax deductible and 100% of the donation is spent on the home.
Needs
A van to be used for light hauling, including construction materials, minor home repair and volunteer-related useage. Estimated cost: $20,000
 
We would like to install the Mobile Computing Platform 50 on our three ReStore trucks. This new system, which integrates GPS with cell phone capability among other items, will help our ReStore truck fleet operate more efficiently and increase capacity to maximize donation pickup operations. Habitat Sarasota's ReStores fund administrative operations so that all philanthropic dollars can  underwrite home construction. Estimated cost: $2,400.
 
Upgrading of insulation and ceilings at agency's volunteer center/offices. In some sections of the facility, there is no ceiling and insulation is bare, thus affecting energy efficiency. Estimated cost: $10,000.
 
New signage for the 17th Street complex to increase visibility and allow for a more convenient donor drop-off process. Estimated cost: $3,000. 
A continued need for two additional trucks for the ReStores. ReStore operations are the financial life line of our organization providing 100% funding of G&A. Due to of the success of our ReStore, 100% of every donor dollar supports Habitat and goes toward providing a home. ReStore manages over 650 monthly household and or business large pickups. Our ReStore trucks are used for these large pickups. Estimated costs: $25,000 each.
 
Continued reduction of monthly outgoing energy expenses at the 17th Street ReStore. Our furniture showroom and clearance center air conditioned retail space is difficult to cool in the summer months due to the lack of insulation. Adding insulation to our retail space will aid in the comfort of our shoppers, reduce monthly cash expenses for utilities, and prolong the life of our existing ac units. Energy efficiency measures will require store closings for several days. Estimated cost: $10,000. 

 

Statement from the CEO/Executive Director
I continue to be proud of my association with Habitat Sarasota and the goals we have accomplished. We give hope, accountability, purpose and opportunity to the working families of Sarasota.
 
With the staggering foreclosure rate across the country, Habitat homeowners are consistently bucking trends, staying well below the national average. I know that is because they are truly invested in their properties. They have played an integral role in building or rehabilitating their houses along side our volunteers, and have spent many hours learning about their financial responsibilities. Habitat Sarasota continues to provide an ongoing system of support enables Habitat homeowners to reach out for advice or assistance when necessary. We made a consicous decision to collect mortgage payments directly from our homeowners; through this system we can closely monitor their financial trends. The organization’s continued involvement helps to ensure that homeowners don’t fall through the cracks, contributing to the trend of foreclosed or abandoned properties.
 
I am also happy to share that Habitat Sarasota is constantly monitoring other housing trends, such as the "Green Movement." Our homes are eco-friendly, affordable and sustainable. From energy efficient air conditioners and hot water heaters to high impact hurricane windows, we see long-term benefit in these building investments. Our rehabilitated homes have seen an upwards of 50 percent reduction on utility bills, thanks to our use of high efficiency lighting and applicances, along with Florida-friendly landscaping.
 
The same is true for our ReStore business model; we are the Ultimate Recycle Program. We clean, we recycle and re-sell donated goods. Proceeds are then recycled to provide more Habitat homes. It's a great situation.

A Habitat home is an integral part of the community in which it is located. Homes are sold to residents at market value, which keeps neighborhood values competitive and accurate. Habitat Sarasota two years ago began to acquire foreclosed residences, utilizing volunteers to rehabilitate and renovate properties for eventual sale to partner families.

I have the honor and privilege to learn from the work and be involved in the work of amazingly talented, smart, dedicated caring and diverse individuals that make up our organization. I have the pleasure of working with a dedicated and passionate board who are committed to our mission and who provide the necessary guidance and direction to make this organization a success. Our Habitat staff are “top notch” dedicated and adaptable. It’s clear we work for the same cause, the same goals and together, we look to celebrate the next homeowner dedication. 
I am a part of something bigger than me and I thank the community, our terrific volunteers and our staff for making Habitat Sarasota a vital part of the community.

 

 

Areas Served
Areas Served
Area
FL- Sarasota
Service Categories
Primary Org Type Housing, Shelter
Programs
Description Habitat Sarasota provides affordable homes with energy efficient features to maximize affordability with emphasis on building techniques and materials for suitability. We build new homes as well as purchase foreclosed homes and renovate them. Local low-income working families whose incomes fall between the 30% - 70% average median income may qualify for our program. Applicants must demonstrate the need for improved and affordable housing, be willing to partner with Habitat for 300 hours to 500 hours of sweat equity and be able to pay a 30 year no interest mortgage. Applicants that qualify must go through a defined selection process. Required financial education includes attendance and participation in seven educational classes. A minimum of $1,650 down payment investment is required. Habitat homebuyers make a commitment for approximately one year prior to becoming a home owner; this is the time it typically takes to complete the steps to home ownership.
Budget $531,174
Category Housing, General/Other Affordable Housing
Program linked to organizational strategy? Yes
Population Served Other Economic Level Families At-Risk Populations
Short Term Success Individuals who qualify for the Sarasota Habitat Homeowner Program attend classes to learn budgeting and homeowner skills that will be useful throughout their lives.  They also are required to complete sweat equity hours helping construct their own homes, other homes or by utilizing skills handling other responsibilities at Habitat, resulting in a true feeling of achievement.
Long Term Success

Our program is a "hand up" and not a "hand out" program designed for successful home ownership.  In addition to a down payment and monthly mortgage payments, homeowner partner families (before becoming a home owner) invest hundreds of hours of their own labor "sweat equity" building their Habitat home and the homes of others.  Habitat Sarasota currently services 169 mortgages which also contributes to the success of our program by building long lasting relationships with our families through the payoff of their mortgage.

Program Success Monitored By The success of Habitat Sarasota's homeowner program is monitored through the ability of our family partners to maintain their homes, remain current in their mortgage payments, and  improve their over-all financial future.
Examples of Program Success
Tia is a retired member of the U.S. Army. She has served in Afghanistan and Iraqi as a language expert. After her deployment, Tia came back home and discovered rentals in the Sarasota area were very expensive; too costly for her personal budget. So Tia rented a room in Brandon, FL, and her teenage daughter lives with family friends. Tia commutes two hours per day from her home to Sarasota's VA Clinic where she works. Upon hearing about Habitat Sarasota and its building programs, Tia attended an Orientation session during which she learned about Habitat homeownership. She applied and was accepted and has been working since Fall 2013 on her "sweat equity" hours - volunteer time spent building a Habitat house. Once the community heard about Tia's situation, many local companies, community groups, veteran's groups and individuals contributed to her house, either by volunteer time or household good donations or cash donations. The result: Tia will move in to her new house, located on West Rainbow Circle in Sarasota, this summer and be reunited with her daughter, a reunion that has been in the making for several years.
 
Description
Habitat for Humanity Sarasota Inc. is a part of the Legacy of Valor Initiative, along with the region's other Habitat for Humanity agencies. We are dedicated to serve those who served our country - our community's veterans - through the Legacy of Valor Veterans Repair Projects.
 
In collaboration with Habitats in Manatee, South Sarasota, Charlotte and DeSoto counties, the Legacy of Valor Veterans Repair projects will focus on outside renovation and repair projects to benefit qualified veterans throughout our region during 2014.
 
The Legacy of Valor Repair projects, align with Habitat for Humanity International's Veterans Build initiative to provide housing solutions as well as volunteer opportunities to U.S. military veterans, military service members and their families.
 
The Habitat for Humanity Legacy of Valor Repair projects are part of the Legacy of Valor, a campaign to rally our community to honor veterans, inspire patriotism and embrace freedom.
Budget $10,000
Category Housing, General/Other Affordable Housing
Program linked to organizational strategy? Yes
Population Served At-Risk Populations Females Males
Short Term Success
Complete a minimum of three Veterans Repair projects in the community in 2013.
Long Term Success
Ultimately, long term success will provide that veterans of all walks of live, have safe homes in which to reside, regardless of their ability to pay, or their physical ability.
Program Success Monitored By
Successful completion of home repairs.
Examples of Program Success
Habitat Sarasota is currently working on repairs to the home of a World War II veteran. The project includes replacing broken shutters, replacing a damaged gutter and clean up of landscape.
Description Pathways to Homeownership is an extensive series of workshops for prospective homeowners that focuses on preparation for owning a home. Habitat potential homeowners are low-income families and the knowledge gained through Pathways helps ensure successful purchase of a home, and, perhaps more importantly, to keep the home once bought. Such homeownership provides stability to families, including the children of Habitat's families. Numerous studies show that children who reside in an owned home do better in school and have a more stable life, thus allowing them the keys to a productive future.
Budget $16,000
Category Housing, General/Other Affordable Housing
Program linked to organizational strategy? Yes
Population Served Families Adults Children and Youth (0 - 19 years)
Short Term Success By the end of each workshop cohort, 80 percent of participants will increase their knowledge of the concepts of successful homeownership.
Long Term Success Participants will learn the skills to successful long-term homeownership.
Program Success Monitored By Sign in sheets quantify attendees; program progress leads to full acceptance into Habitat program with overall goal of home ownership.
Examples of Program Success Annually, a minimum of ten heads of households who attend the workshops become Habitat homeowners.
CEO/Executive Director
Executive Director Renee Snyder
CEO Term Start Mar 2010
Email rsnyder@habitatsrq.org
Experience
Renee has a wealth of experience in the areas of planning and development of workforce and affordable housing, community development, construction and project management, neighborhood planning and revitalization, grant writing and finance. Renee is a 26 year resident of our community.
After a successful banking career as Vice President of Community Development in Southwest, FL for Nations Bank and Bank of America, after several bank mergers, Renee chose to take a different career path using her experiences gained in the banking arena.
From 1999-2010, prior to joining Habitat Sarasota, Renee worked independently as a Housing and Community Development Consultant. Renee’s work in the area of affordable housing and community development are visible in our community. Her achievements are many including certification of the first nonprofit affordable housing organization in south Sarasota County by the State of Florida. Renee’s work from 1999 – 2007 contributed significantly to the transformation of a low income area in Laurel where she was directly responsible for securing over two million dollars in grants/funding for the Laurel Community.  .
She was also instrumental in the establishment of more than 50 community development and affordable housing projects that included roads, land acquisitions, demolition, rehabilitation and new construction.
Snyder attended the University of Kentucky and is a certified U.S. Department of Housing and Urban Development (HUD) grant writer. She received certification in Laws and Practices of Real Estate and Real Estate Contract Law from Manatee Community College in 2008, and  holds credentials or has had specialized training in the areas of finance, accounting, management, diversity and professional fundraising. 
Renee was recognized in 2010 by the National Association of professional women AS WOMEN OF THE YEAR for demonstrated excellence and dedication within her profession.
Staff
Full Time Staff 13
Part Time Staff 23
Volunteers 1300
Contractors 0
Staff Retention Rate % 85.7
Professional Development Yes
Management Reports to Board Yes
Organization Plans
Fundraising Plan Yes
Communication Plan No
Strategic Plan Yes
Strategic Plan Years 3
Strategic Plan Adopted Nov 2010
Management Succession Plan No
Policies and Procedures Under Development
Continuity of Operations Plan No
Senior Staff
NameTitle
Jim Keperling Director of Finance
Fred Scheerle Director of Family Serviceds
Formal Evaluations
CEO Formal Evaluation Yes
Senior Management Formal Evaluation Yes
NonManagement Formal Evaluation Yes
Collaborations
Sarasota Association of Realtors; City of Sarasota; Sarasota County government; Women's Resource Center; Suncoast Workforce Development; Bank of America; Cadence Bank; Publix Super Markets; SCENE Magazine; Iberia Bank; Church of the Palms; Vertex Inc.; and many other civic, faith-based and community groups.
Affiliations
AffiliationYear
Awards
Awards
Award/RecognitionOrganizationYear
Aurora AwardHome Builders Association2008
Aurora AwardHome Builders Association2009
Suncoast Workforce Community Partner AwardSuncoast Workforce2011
Top rated list of non-profitsGreat Non-Profits2011
Risk Management Provisions
Accident and Injury Coverage
Automobile Insurance
Automobile Insurance and Umbrella or Excess Insurance
Blanket Personal Property
Builders Risk
Business Income
Commercial General Liability
Computer Equipment and Software
Crime Coverage
Directors and Officers Policy
Employee Benefits Liability
Employee Dishonesty
Employment Practices Liability
Fiduciary Liability
General Property Coverage
Medical Health Insurance
Special Event Liability
Umbrella or Excess Insurance
Workers Compensation and Employers' Liability
Government Licenses
Is your organization licensed by the Government? No
Policies
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy No
Board Chair
Board Chair Ken Pendery
Company Affiliation First Watch, Inc.
Board Term Jan 2014 to Dec 2014
Email kpendery@firstwatch.com
Board Members
Board Members
NameAffiliation
Terry Ball Publix Super Markets Charities
Sherry Edwards CEO The Edwards Law Firm
Mary Ann Gates Retired Execute Assistant
Mary Ann Gates Community Volunteer
Rich Gerrity Executive VP, CIO Sabadell Bank & Trust
Jeffrey Grebe Williams, Parker Harrison Dietz and Getzen
Graeme Malloch Managing Director, Stabil Concrete Pavers, LLC
Frank Minore Retired Government Accountablity Office
Kenneth Pendery CEO First Watch Restaurants
John Peshkin Principal, Vanguard Land, LLC
Renee Snyder Habitat for Humanity Sarasota, Inc
Renee Snyder Habitat for Humanity Sarasota
Harriet Stephenson Stephenson Interiors, LLC - Designer - ASID
Brian Watson Real Estate Team of West Florida LLC
Stephen Wilbur Stirling & Wilbur Engineering Group
Student serving on the board through Community Youth Development? No
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 15
Hispanic/Latino 0
Native American/American Indian 0
Other 0
Board Demographics - Gender
Male 11
Female 4
Unspecified
Governance
Board Term Lengths 2
Board Term Limits 4
Board Orientation Yes
Board Meeting Attendance % 83
Number of Full Board Meetings Annually 6
Board Self-Evaluation Yes
Written Board Selection Criteria No
Written Conflict of Interest Policy Yes
Percentage of Board Making Monetary Contributions 100
Percentage of Board Making In-Kind Contributions 100
Constituency Includes Client Representation No
Standing Committees
Board Governance
Building
Communications / Promotion / Publicity / Public Relations
Community Outreach / Community Relations
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Executive
Finance
Financial Info
Fiscal Year 2014
Projected Revenue $5,823,725.00
Projected Expenses $4,955,145.00
Spending Policy N/A
Historical Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201420132012
Foundation and
Corporation Contributions
$0$0$0
Government Contributions$0$0$0
Federal$0$0$0
State$0$0$0
Local$0$0$0
Unspecified$0$0$0
Individual Contributions$524,377$309,184$1,674,888
$0$0$0
$2,816,825$3,031,285$3,286,231
Investment Income, Net of Losses$15,851$15,084$16,677
Membership Dues$0$0$0
Special Events$0$0$0
Revenue In-Kind$0$0$0
Other$158,449$149,839$140,044
Expense Allocation
Fiscal Year201420132012
Program Expense$2,496,254$2,932,740$3,667,371
Administration Expense$321,833$286,240$312,522
Fundraising Expense$247,311$184,806$169,397
Payments to Affiliates$7,000$4,500$0
Total Revenue/Total Expenses1.151.031.23
Program Expense/Total Expenses81%86%88%
Fundraising Expense/Contributed Revenue47%60%10%
Assets and Liabilities
Fiscal Year201420132012
Total Assets$6,189,021$5,463,648$5,311,074
Current Assets$5,623,951$4,872,215$3,634,003
Long-Term Liabilities$2,593,433$2,409,038$3,765,827
Current Liabilities$387,284$597,731$196,942
Total Net Assets$3,208,304$2,456,879$1,348,305
Top Funding Sources
Fiscal Year201420132012
Top Funding Source & Dollar AmountReStore - Net $2,226,503ReStore - Net $2,067,909ReStore - Net $2,118,295
Second Highest Funding Source & Dollar AmountContributions, gifts, grants $524,377Home Sales Rehabilitated $732,705Contributions, gifts, grants $1,674,888
Third Highest Funding Source & Dollar AmountHome Sales - Rehabilitated $355,000Contributions, gifts, grants $309,184Home Sales Rehabilitated $814,500
CEO Compensation
Co-CEO Compensation
Tax Credits No
Solvency
Short Term Solvency
Fiscal Year201420132012
Current Ratio: Current Assets/Current Liabilities14.528.1518.45
Long Term Solvency
Fiscal Year201420132012
Long-Term Liabilities/Total Assets42%44%71%
Capital Campaign
Currently in a Capital Campaign? No
Financials Comments
Financial Comments by Foundation Foundations and corporations are included with individual contributions as they are not separated in the 990 or audit.  Financial figures taken from 990.  Federal 990s and audits are reconciled.
Nonprofit Habitat For Humanity Sarasota Inc
Address 1757 N East Ave
Sarasota, FL 34234
Primary Phone 941 365-0700
CEO/Executive Director Renee Snyder
Board Chair Ken Pendery
Board Chair Company Affiliation First Watch, Inc.
Year of Incorporation 1985

THE COMMUNITY FOUNDATION OF SARASOTA COUNTY, INC. IS A REGISTERED 501(C)(3) NON-PROFIT CORPORATION. A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE (1-800-HELP-FLA) OR FROM THE WEBSITE: WWW.FRESHFROMFLORIDA.COM. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL, OR RECOMMENDATION BY THE STATE. ONE HUNDRED PERCENT (100%) OF EACH CONTRIBUTION IS RECEIVED BY THE COMMUNITY FOUNDATION OF SARASOTA COUNTY. REGISTRATION #SC-02471.