Building Homes,HABITAT FOR HUMANITY-NORTH CENTRAL GEORGIA

2013 ANNUAL REPORT

Building Lives

BuildHabitat for Humanity-North Central Georgia is about more than building homes. We build brighter futures for our partner families. We build neighborhoods where families feel invested in their community. We build stability for the children of our families. And we build the lives of those who volunteer with our ministry.

2 Habitat for Humanity - North Central Georgia2013 Annual Report

STEWARDSHIP REPORTFROM CHAIRMAN & CEO

Our homeowners are the focus of our ministry. We rightly measure our success in the number of homes we build or rehabilitate and the number of homeowners we serve. And these numbers are impressive. We average over 15 completions annually, and, through December 2013, we have built or rehabbed 249 homes serving approximately 975 family members in our local communities. Our target for 2014 is just as aggressive, as we seek to complete homes for 16 new Habitat homeowners.

Lost among the statistics, though, is the impact that safe, decent housing has upon our homeowners and – even more importantly – their children. A recent report by the MacArthur Foundation, authored by researchers at Boston College and Tufts University, provides scientific support for what we all observe through our experience. Poor quality housing is strongly tied to emotional and behavioral problems in children and, indeed, among the housing characteristics studied in the report, is “the strongest and most consistent predictor” of such problems among low-income children and youth.

The study also found that poor parenting – a major contriburtor to children’s emotional and behavioral problems – was not only strongly associated with, but exacerbated by, poor quality housing.

Several years ago, one of our most dedicated and passionate volunteers movingly spoke at our Volunteer Appreciation Dinner about his commitment to Habitat, concluding, in a nutshell: “I do it for the kids.” He did not need the scientific evidence. He knew it from the smiles on the faces of the children.

Yearly in our Annual Report we have the opportunity to reflect upon the blessings and achievements of our ministry. We ask this year that you take a moment to ponder the impact that your financial and volunteer support has had and will have upon the lives of our partner families. And for this we express our deepest gratitude.

Bradley C. BeardBoard Chairman

Russell E. HayesChief Executive Officer

Much of the association between poor quality and unstable housing and children’s well-being operated through parents. The stress and strain of living in poor quality homes or having to move multiple times . . . took its toll, leading to symptoms of depression and anxiety, and to less stable family routines. This in turn helped to explain children’s diminished functioning. Thus, rather than being a source of stability and security, a home lacking some of the most basic elements of comfort may exacerbate other pressures that poor parents face.

Habitat for Humanity - North Central Georgia2013 Annual Report 3

Victor and Tina Rodriguez-Mora’s lives felt like a series of hurdles to overcome in the past few years. Their lives were filled with uncertainty – lost employment, health issues, and family members in need of help – that caused them to move from home to home to try to stay above water. Finally their lives feel more certain.

In December 2013, they, along with their two children Victor Jr. & Victoria, moved into their Habitat for Humanity home. Tina was not only excited about owning her own home, she was looking forward to living in a neighborhood where they could plant roots.

“We are so blessed to have been chosen to receive a Habitat for Humanity home. Our children have settled in so well to their new schools and they are so happy at the thought of never having to move again ... One day [we] hope to be able to contribute to someone else’s happiness of living in their own home”

- Tina Rodriguez-Mora

Habitat for Humanity - North Central Georgia2013 Annual Report4

2013By the Numbers

14brand new homes

1

41family members served

249total homes

completedsince 1995

1rehabbed

home

Habitat for Humanity - North Central Georgia2013 Annual Report 5

HABITAT FOR HUMANITY-NORTH CENTRAL GEORGIA 2013 BOARD OF DIRECTORS

STAFFRuss Hayes

Chief Executive Officer

Colleen FogartyResource Development Director

Sarah CutrightResource Development Director

Dede AllenProperty Acquisition Manager

Velyna JohnsonFinance Manager

Sabrina KirklandFaith Relations & Community

Investment Manager

Kristyn JohnsonEvents & Grants Manager

Dave McLaughlinSite Development Manager

Greg PeasePurchasing Manager

Lee PrestoDirector of Construction

Kevin HelliwellConstruction Manager

Antonio JacksonContruction Coordinator

Jerry Van GundyAssistant Construction Manager

Bob GorrieField Construction Supervisor

Mary LamondArea Director

Laura Cutlip Manager

Bradley C. BeardBoard Chair & President

Senior Vice President, Corporate BankingBank of North Georgia

Peter A. GleichmanSecretaryPrincipal

Gleichman Law Firm

S. Andrew SullivanTreasurer

Principal and CEOSullivan & Schlieman Wealth Management

Jack BalthasarBusiness Development Manager

Cisco

Birdel F. Jackson, IIIOwner & Civil Engineer - Retired

B&E Jackson Engineers

Allison MannSenior Manager, Information Technology

AutoTrader.com

Kari Payne Community Involvement Manager

Siemens

Steven E. RomeynManaging Partner

Windsong Properties

Mark D. SusorVice President, Corporate Transportation

UPS

William “Buddy” LollisRetired Executive

BellSouth Corporation

James McIntyreOwner

Forsyth Roofing

William R. PhinneySenior Executive - Retired

Equifax

Stephen L. SchoenPresident

Schoen Insulation Services (SIS)

Kelvin ThompsonPresident

Lord Thompson Enterprises

Habitat for Humanity - North Central Georgia2013 Annual Report6

HopeLow-income families can often feel hopeless when their pantries are empty, their rent is due, and their bank accounts are depleted. Habitat for Humanity-North Central Georgia restores hope. Families can feel confident in their future when they live in a simple, decent, affordable home that allows them to plan for the future and save for emergencies.

Habitat for Humanity - North Central Georgia2013 Annual Report 7

2013 DONORS & HOUSE SPONSORS

$80,000 and Above

Bank of America • Schoen Insulation Services • The UPS Foundation

$50,000-$79,999

FHLB Atlanta • Thrivent Financial for Lutherans* • Publix Super Markets Charities

$20,000-$49,999

Saint Brigid Catholic Church • Schneider Electric* • Cherokee Association of Realtors • Roswell Presbyterian Church • Cisco Systems* • Blessed Trinity Catholic School • MetLife Volunteer Project Fund • Mount Pisgah United Methodist Church • Verizon

$10,000-$19,999

State Farm* • Enercon • Travelers* • Mount Zion United Methodist Church • Anonymous • Rachford Charitable Trust • Lutheran Coalition for Habitat • William & Kaye Phinney •Siemans • Anonymous • Saint James United Methodist Church • AmeriFleet** • Sullivan & Schlieman Wealth Management, LLC • Bank of North Georgia • First Baptist Cumming • PCL Industrial Construction

Co.* • The Eyl Family • The Villas at Canterfield • Zion Missionary Baptist Church

$5,000-$9,999

Saint Thomas Aquinas Catholic Church • Saint Aidan’s Episcopal Church • State Street Global Advisors • OCI Enterprises • Creekview High School • MarineMax • Generation Mortgage Company • DataScan • Northminster Presbyterian Church • Transamerica* • Hillside United Methodist & North Georgia United Methodist Housing and Homeless Council • Mount Pisgah Christian School • Shriver Hamiilton • Allison Mann • Alpharetta First United Methodist • Anonymous • First Redeemer • GEICO • Newell Rubbermaid* • Rachford Charitable Trust • S. Andrew & Donna Sullivan • Saint David’s Episcopal Church • Windsong Properties

$2,500-$4,999

United Way of Forsyth County • Rotary Club of Canton • Christ the King Lutheran Church • Steven & Carlyn Romeyn • Ryder Charitable Foundation • Reid & Reid

Construction • Blank Family Foundation • Atlanta Falcons • Ingenico • New York Life • Michael A. Martin • KeyWorth Bank • Hartman-Imbriale LLP • Samuel McKnight • Russ & Kim Hayes • Anonymous • Citrix Systems, Inc. • Balfour Beatty • AutoTrader.com

$1,000-$2,499

Paul & Barbara Egan • Andy Kadrich • Anonymous • Equifax Foundation • Greenleaf Recycling LLC • Milton High School • Norplex-Micarta • Sawnee Electric Membership Foundation • Gerome Technologies • Dede & Rick Allen • David & Becky Babcock • Gresham, Smith & Partners • United Way of Metroplitan Atlanta • Melody Miller** • Keenan Walter** • Truman Hanson • Cherokee Women’s Council of Realtors • Frank & Velyna Johnson • Saint Clement’s Episcopal Church • Terry & Donna Weatherspoon • Dana & Anna Peissig • Dana & Wanda Karschner • Darla Smith • Supreme Lending • Haas Properties • I.D.S.I. Products of Georgia • jcpenney* •

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In-Kind Contributors

AccuAir • Allgood Pest Solutions • A.R. Henson & Associates • Complete Roofing Solutions • Country Carpets • Energy Vanguard, LLC. • Forsyth Roofing • Gleichman Law Firm, LLC • Hugh Glidewell & The Landscape Guys • Metro Home Products North Georgia Brick • Roswell United Methodist Church • Shultz Properties, Inc. • Stoke Real Estate Appraisal Services, Inc. • Xcentric

National In-Kind Partners

Dow Chemical Company • Ferguson Enterprises, Inc. • Hunter Douglas • Schneider Electric • Whirlpool Corporation • Yale Commercial Locks & Hardware

Government Programs

Cherokee County Community Services Agency (HOME Grant) • City of Roswell (HOME Grant) • U.S. Department of Housing and Urban Development (HOME Investment Partnerships, Self-help Homeownership Opportunity and Softwood Lumber Programs)

Matching Gift/Employee Giving Programs

Aetna • AT&T • Bank of America • Cisco • Federal Employees Workplace Giving Program • IBM Corporation • Kimberly Clark Corporation • LexisNexis • Liberty Mutual • McKesson • Merrill Lynch • Microsoft • New York Life • State Farm • Travelers • Wells Fargo

2013 DONORS & HOUSE SPONSORS

Josh & Crystal Schlieman • JW Property Group • Kevin Helliwell • Maury Regional Medical Center • Olympus Dollars for Doers • Roswell United Methodist Church • Rotary Club of Windward • Saint Michael the Archangel Catholic Church • Scott C. Dozier, Merrilll Lynch • Stephanie Nielsen • Steven Buckner • Vera Warren • Wells Fargo*

$500-$999

Dr. John & Rebecca Spicer • William & Connie Lollis • Lawrence Duff • William Ivey • CitruSolution • Crown Castle • Susan Goetting • McCalla Raymer, LLC • Michael Pennington • Alpharetta High School • Rob Hogan** • Kalombo & Kazadi Mwamba • Autotrader.com • Susan Bevington • Brad & Angela Beard • Roland & Bettye Lewis Maye • Bradshaw Farm Women’s Club • Charles Jabaley • Cohen Pollock Merlin & Small P.C. • Colleen Fogarty • Cumming First United Methodist • Diana Baker • Forsyth Roofing LLC • Joel & Frances Webb • Helen Creagan • Hunter Home Inspections,

LLC • James Lawrence Pfaffenberger • James Wallace • John Bolthius • John Burch • Ken & Tiffany Stone • Legacy Machinery, Inc. • Molly McGrory • Snellings Walter Insurance Agency • Terry Swanson

$250-$499

William Licata** • Jitesh Jasapara** • Matthew Lastar** • Matt Hedrick Construction, LLC • Lambert High School • Amy Lewis • Rod Graham • Raydeo Enterprises • David McPherson • Lynn Brandus** • Waiman Yip** • Shellie P. Hollingsworth • John & Laurie Swails • Century 21 Results Realty • Craig & Paula Hunt • Cheryl Cloud • Cindy Cantrell • Georgia Real Estate Evaluation Service • Jerry Johnson • Mark Baker • Theresa Shank • Sue Wisch • Penny Tinkler • Amir Yousuf & Samela Adus • Ciena • Colleen Moore • Franz Bobbert • Katrina Pickett • Kaylin Pound • Krempel Insulation Technologies, LP • Liberty Pultrusions • Marc Haney •Michele G. Smith • South Canton Funeral Home • Susan Joseph*Habitat for Humanity National Partners** Cars For Homes Donors

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AUDITOR’S REPORTSANTI & ASSOCIATES, PC

The statement on the opposite page does not include the results of North Georgia Community Housing Development Corp. (NGCHDC), an affiliate of our ministry which was formed to secure certain grants available only to certified housing development organizations. NGCHDC ended FY2013 with net assets of $212,264. The ministry’s complete financial statements can be found on our website at www.habitat-ncg.org.

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FINANCIAL POSITION

Current AssetsCash and cash equivalentsContribution receivableGrant receivableCurrent portion of mortgage receivable, netDue from related partyOther receivablePrepaid expensesReStore inventoryConstruction in progressLand held for development

Total current assets

Property and equipment, netProperty and Equipment

Mortgage receivable, net, less current portionLand held for sale

Other Assets

Assets

Liabilities and Net Assets

$

275,349206,742144,155158,401

19,00085,39024,052

9,090796,598

Current LiabilitiesCurrent portion of notes payable, net

Accounts payableLine of creditCurrent portion of capital lease

Accrued expensesHomeowner depositsHomeowner escrowsUnearned revenueDeferred revenue

Total current liabilities

76,9242,158

43,046100,000

4,66911,250

189,35023,838

130,343581,578

1,720,377

39,335

6,605,4450

Total Assets 8,365,157$

Total Liabilities and Net Assets 8,365,157

1,600

Total other assets 6,605,445

Long-term debt, net2,369,359

6,479Notes payable, less current portionCapital lease, less current portion

4,887,417520,324

Net AssetsUnrestrictedTemporarily restricted

Habitat for Humanity - North Central Georgia2013 Annual Report 11

© 2014 H

abitat for Hum

anity - North C

entral Georgia, Inc. All rights reserved. H

abitat for Hum

anity - North C

entral Georgia is a non-profit ecum

enical Christian housing m

inistry. We are pledged to the letter and spirit of U

.S. policy for the achievem

ent of equal housing opportunity throughout the nation. We encourage and support an affirm

ative advertising and marketing program

in which there are no barriers to obtaining housing because of race, color, religion, sex,

handicap, familial status, or national origin.

814 Mim

osa Blvd., B

uilding CR

oswell, G

A 30075w

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.habitat-ncg.org