Habitat for Humanity of Boulder Valley

EIN: 841229714 501(c)(3) Housing & Shelter

Boulder, CO

Total Revenue
$4,866,331
Total Expenses
$5,349,413
Total Assets
$4,815,414
Net Assets
$2,725,875
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CO
Principal Officer
Dan McColley
Phone
3034473787
Tax Period
2024-07-01 to 2025-06-30

Habitat for Humanity of Boulder Valley, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $4.9M in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $4,436,611 Revenue: $817,200

Flatirons Habitat for Humanity (FHFH) constructs homes for low-income families. Each home is sold to a low-income family that partnered with FHFH through investment of "sweat equity" in their home...

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Flatirons Habitat for Humanity (FHFH) constructs homes for low-income families. Each home is sold to a low-income family that partnered with FHFH through investment of "sweat equity" in their home. Home ownership for all Flatirons Habitat families is facilitated through the use of low interest mortgages. The cost of Habitat homes is reduced through the use of volunteer labor and homes are sold to the homeowners at no profit to Habitat. FHFH subsidizes the construction and family services operating costs necessary to build its homes.

Program 2
Expenses: $365,935 Revenue: $41,066

Flatirons Habitat for Humanity (FHFH) meet the huge need for affordable housing, both rental and ownership in our affiliate service area, the organization offers rental units to low-income families...

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Flatirons Habitat for Humanity (FHFH) meet the huge need for affordable housing, both rental and ownership in our affiliate service area, the organization offers rental units to low-income families and older adults in partnership with Broomfield Human Services, other local nonprofits, and for our partner families who experience housing instability while working to purchase their homes.

Program 3
Expenses: $125,744 Revenue: $30,158

Flatirons Habitat for Humanity (FHFH) provides zero interest mortgages to its homeowners when new mortgages are set up. Historically, these mortgages were discounted at an interest rate set by the...

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Flatirons Habitat for Humanity (FHFH) provides zero interest mortgages to its homeowners when new mortgages are set up. Historically, these mortgages were discounted at an interest rate set by the affiliate based on Habitat International, other local affiliates, the 30-year interest rate and the perceived risk of the affiliate's mortgage holders. As homeowner pay down their mortgages, FHFH recognizes income from mortgage discount amortization. In recent year, FHFH has partnered with a local bank to provide affordable mortgages wherein the bank is the lender. FHFH receives proceeds at the time of the home sale.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,558,765
Program Service Revenue $888,424
Investment Income $412
Other Revenue $418,730
TOTAL REVENUE $4,866,331

Expense Breakdown

Grants Paid $0
Salaries & Benefits $896,226
Fundraising Expenses $132,625
Program Expenses $4,928,290
Other Expenses $4,453,187
TOTAL EXPENSES $5,349,413

Year-over-Year Comparison

2024 2023 Change
Revenue $4,866,331 $2,465,354 +1.0%
Expenses $5,349,413 $2,166,758 +1.5%
Net Income $-483,082 $298,596 -2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
11
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$84,119
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bruce Hoelter Board Chair 3.00
Officer Director
$0 $0 $0
Kevin Knapp Vice Chair 3.00
Officer Director
$0 $0 $0
Lori Hagar Treasurer 3.00
Officer Director
$0 $0 $0
Annmarie Jensen Secretary 3.00
Officer Director
$0 $0 $0
Susan Chrisman Director 3.00
Director
$0 $0 $0
Michael DePalma Director 3.00
Director
$0 $0 $0
Jim Kelly Director 3.00
Director
$0 $0 $0
John Risi Director 1.00
Director
$0 $0 $0
Monty Schivo Director 1.00
Director
$0 $0 $0
Christina Surprenant Director 1.00
Director
$0 $0 $0
Zane Zeman Director 1.00
Director
$0 $0 $0
Dan McColley Executive Director 40.00
Officer
$78,494 $5,625 $84,119
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,866,331 $5,349,413 $4,815,414 $-483,082
2024 $2,465,354 $2,166,758 $4,869,319 $298,596
2023 $1,463,220 $1,972,212 $4,734,887 $-508,992
2022 $749,556 $1,275,001 $5,964,813 $-525,445
2021 $967,180 $1,450,335 $7,183,715 $-483,155
2020 $864,411 $1,413,231 $7,323,794 $-548,820
2019 $940,543 $1,059,361 $6,000,158 $-118,818
2018 $1,654,423 $1,068,795 $5,714,601 $585,628
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