Organizations Filed Purposes:
PROVIDING HOUSING SOLUTIONS OF HOMEOWNERSHIP, COMMUNITY DEVELOPMENT AND HOME REPAIR TO QUALIFIED APPLICANTS USING VOLUNTEER AND HOMEBUYER SWEAT EQUITY.
THE CONSTRUCTION PROGRAM SUPERVISES NEW HOUSE BUILDS, REHABBED HOME BUILDS AND OWNER-OCCUPIED REPAIR PROJECTS. IN 2019, 38 FAMILIES WERE SERVED BY OUR EFFORTS.
MORTGAGES ARE DISCOUNTED USING AN IMPUTED INTEREST RATE THAT APPROXIMATES THE RATE THAT AN INDEPENDENT BORROWER AND LENDER WOULD HAVE NEGOTIATED IN A SIMILAR TRANSACTION. NEW MORTGAGES EQUALING APPROXIMATELY 2.0 MILLION WERE WRITTEN AND ENTERED INTO IN 2019 AND WERE DISCOUNTED TO REPRESENT THE PRESENT VALUE OF THESE ZERO INTEREST LOANS. IMPUTED INTEREST OF 7.66% IS USED FOR MORTGAGES IN 2019.
THE PURPOSE IS TO GENERATE A SUSTAINABLE SOURCE OF INCOME FOR HFHML BY DIVERTING USABLE BUILDING MATERIALS, FURNITURE AND APPLIANCES FROM OUR LANDFILLS AND SELLING THOSE DONATED ITEMS TO THE PUBLIC. IN 2019, WE ESTIMATE THAT OVER 2.17 MILLION POUNDS OF MATERIALS WERE DIVERTED FROM LANDFILLS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Robert D Locke | CEO | 40 | $118,750 |
| Catherine Greene | DIRECTOR | 1 | $0 |
| John Borders | VP OF ADMINI | 1 | $0 |
| Wanda Repasky | DIRECTOR | 1 | $0 |
| Todd Rosenbaum | PRESIDENT | 1 | $0 |
| Stacy Durbin | DIRECTOR | 1 | $0 |
| Robin Bray | DIRECTOR | 1 | $0 |
| Kristen English | DIRECTOR | 1 | $0 |
| John Rippy | DIRECTOR | 1 | $0 |
| John Dwyer | VP / SECRETA | 1 | $0 |
| Jon Baker | DIRECTOR | 1 | $0 |
| Joy Walker | DIRECTOR | 1 | $0 |
| Jacinta Nelson | DIRECTOR | 1 | $0 |
| Glen Kosse | DIRECTOR | 1 | $0 |
| David Kozal | DIRECTOR | 1 | $0 |
| Colleen Brinker | DIRECTOR | 1 | $0 |
| Clay Kannapell | DIRECTOR | 1 | $0 |
| Christopher Meriwether | TREASURER | 1 | $0 |
| Chris Talley | DIRECTOR | 1 | $0 |
| Carolyn Miles | DIRECTOR | 1 | $0 |
| Bob Rothrock | DIRECTOR | 1 | $0 |
| Alan Laughlin | DIRECTOR | 1 | $0 |
| Aj Hubbard | DIRECTOR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202023219349318062_public.xml