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2016 Annual Report

Habitat for Humanity New York City

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Habitat for Humanity New York City transforms lives and communities by building quality, affordable homes with families in need, and by uniting New Yorkers around the cause of affordable housing.

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New York City is more than a city of movers and shakers and dealmakers; it is a city of neighborhoods where our children play and go to school, where we worship and where we make our roots. It is our launching pad and our resting place. It is our home.

Though they share our passion, many of our neighbors cannot truly call this city their home. They are the hard-working New Yorkers who rise early to open the city and stay late to close it up at night. For their home, their safe space, they must travel further afield just to find something even moderately affordable. If they do live in the city, they almost certainly live in overcrowded, unsafe or inadequate housing and are significantly rent-burdened.

If you know Habitat for Humanity, you know that we believe in the partnering with families to provide the opportunity for decent and affordable home ownership. But affordable home ownership in New York City? That’s an oxymoron, right? Wrong!

Since 1984, Habitat for Humanity New York City has delivered the dream of home ownership to more than 500 families and revitalized more than 100 community spaces through a combination of new construction and preservation programs. We accomplish this work through the traditional Habitat model of engaging volunteers and, you may be surprised to learn, as an affordable housing developer, where we select projects that have more limited volunteer scope. It is always our aim to serve as many New Yorkers as we can, as efficiently as we can.

Engaging volunteers in the work of affordable housing will always and forever be at our core – the impact of this work is transformational to the families and also to the volunteers themselves. I hope you will join us.

Together, we will celebrate as our partner families’ move into their homes, and together, the Habitat NYC team will set the stage for new and innovative methods to help more New Yorkers for generations to come.

Karen Haycox

CEO, Habitat for Humanity New York City

A message from our CEO

Habitat NYC’s vision is a city - and a world - where everyone has a decent place to live.

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Assets of homeowners Assets of renters

Nationwide, renters have dramatically lower financial assets than homeowners — by more than a 36 to 1 margin.

The rate of homeownership in New York City is just 31% — less than half of the national average.

Housing Insecurity

Hurts New Yorkers

SOURCES: NYU Furman Center Federal Reserve Survey of Consumer Finances NYC Dept. of Health and Mental Hygiene

Issues associated with substandard housing, like mold, dust and pests, are among the causes of respiratory issues like asthma.

of home purchase prices in 2014 were affordable to low-income families

3%

1 in 8

children in NYC have been diagnosed with

asthma.

NYC rate of homeownership

National rate of homeownership

31%

64%

– Vivian Louie, HPD Commissioner and Habitat Volunteer

“If you don’t have a home, you can’t build anything else.”

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98

25%65%

Habitat Homes

Change Lives

“The security of having this house was a privilege, and having that privilege when I know that other people don’t, that pushes me to say ‘I need to work to deserve this.’ To go to college, to do better for myself. I have been given this gift, I need to do something with it.”

—Kristiana M., on growing up in a Habitat home

of Habitat homeowners report improved grades in children*

of Habitat homeowners report improvements in asthma suffering*

Children of homeowners are

more likely to graduate college than children of renters.

of Habitat homeowners feel more financially secure*

nearly 100% 116%

Building Homes, Building Hope: The Social Impact of Habitat for Humanity Homes in New York City

SOURCE

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A Habitat volunteer helps to repair and preserve a Sandy-damaged home in Staten Island.

Former AmeriCorps Member and current A Brush with Kindness Site Supervisor Sam Winter paints a vibrant mural in a community center.

– Gladys M., Habitat Homeowner

This year, we built upon the ambitious goals we’ve set for ourselves. Not only that, but we set the stage for the most robust pipeline of construction projects in our history.

553

100 47

22 17

37

233

13Families served since 1984

Homes in pre-development Individuals enrolled in our Pathway2Partnership financial literacy program

Public spaces revitalized through our A Brush With Kindness program in 2016

AmeriCorps members gained career readiness skills serving with Habitat NYC

Families served in 2016 through our preservation efforts

Potential new homes in our pipeline

Families moved into new homes in 2016

“Hope starts when somebody gives you a hand. Someone helps to lift you up from wherever you

are and says, ‘You can make it.’”

Building & Preserving

Communities

Construction of the 15-unit Dean Street Residences in Brooklyn provided thousands of New Yorkers the opportunity to build with us this year.

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– Alex L. Habitat NYC volunteer for 11 years

“Painting a senior center, helping out at a build site, supporting

social functions, stuffing envelopes and talking to donors, it all was completely rewarding, and I gained much, much more than I gave.”

VOLUNTEER BREAKDOWN

2724

1093

1049

533

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Construction site volunteers

A Brush With Kindness volunteers

Critical Home Repair volunteers

ReStore volunteers

Special events & office volunteers

TOTAL VOLUNTEER HOURS HOUSING JUSTICE ADVOCATES

51,165 8,244

We led advocacy efforts to support permanently affordable homeownership through Community Land Trusts.

Introduced legislation supporting Community Land Trusts to NYC City Council

Dept. of Housing Preservation & Development expressed interest in the future of CLTs.

– Shane H., Habitat NYC Volunteer

“You could find out about a passion you didn’t know you had.”

Uniting New YorkersOur volunteers power our operation. This year, our volunteers hammered, painted, sawed, sold items at the ReStore and spoke out to build and preserve New York City’s communities, and advocates laid the foundation for the future of our grassroots efforts from the local to global levels.

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Partner since 1984

Donated $100,000 in 2016

“We were first involved with Habitat because it makes a great teambuilding opportunity. But over the years, we’ve seen their mission in action and it has become much more focused on one of the many ways we invest in communities.”

“As we hammer nails, put up dry wall, break bread with neighbors, and watch a family move into a home of their own, we’ll be able to point and say, ‘This is what the kingdom of God looks like.’”

Voya Financial Grace Church of New York

Donated more than $60,000 since 2014

— Braeden Mayrisch, Voya Foundation & Office of Corporate Responsibility

— The Rev. J. Donald Waring, Rector of Grace Church in New York

Partner since 2014

Corporate Partner Highlight: Faith Partner Highlight:

Donor Highlights

Corporate volunteers throughout the year

Faith & Community volunteers throughout the year

1784 421

10,354 32,164TRANSACTIONS ITEMS SOLD

A YEAR AT THE RESTORE

NUMBER OF MILES OUR DONATION TRUCKS DROVE:

POUNDS OF WASTE DIVERTED FROM LANDFILLS:

(That’s more than driving every street in New York City…twice!)

HARDWOOD FURNITURE APPLIANCES

LIVING ROOM FURNITURE

(That’s more than the weight of one and a quarter subway cars!)

The Habitat NYC ReStore, in Woodside, Queens, is a store that accepts donations of gently used furniture, appliances, household goods and even construction materials, and sells them at up to 80 per cent off retail price. All proceeds from the store directly fund our mission to build and preserve homes and communities.

TOP-SELLING ITEMS:

A year of successes at the

NYC ReStore

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Carmen Hughes Ron Darling Marti Speranza (leave of absence)

Thank you to our board members whose terms of service came to an end in 2016:

Doug Morse, ChairNorth Lake Capital

Peter Murray, Vice-ChairDolphin Property Services

Father Stephen Mimnaugh, Vice-ChairSt. Francis Friends of the Poor, Inc.

Martha Parrish, SecretaryMVP and Company

Zali Win, TreasurerCrédit Agricole

In the fall of 2016, Habitat NYC launched our Leadership Council, a group of passionate advocates for Habitat NYC who will serve as a guiding force for our organization.

Christine McGuinness, ChairSchiff Hardin

Dr. Debbie AlmontaserMuslim Community Network

Emily BerglActress

Assemblywoman Rodneyse BichotteNew York State Assembly

Liz BlakeRetired, Habitat for Humanity International

Erica BuckleyStroock & Stroock & Lavan

Amy CarlsonActress

Board of DirectorsWelcome to our House

Leadership Council

John AlexMorgan Stanley

Michael CastellonSkanska USA Building Inc.

Vimla Black GuptaEstée Lauder Companies

John IsaacsCB Richard Ellis

Brian LichterDavis Polk & Wardwell

Christine McGuinnessSchiff Hardin

Anthony MontaltoJaros, Baum & Bolles

Erika ParkinsHearst Corporation

Richard RobertsRed Stone Equity Partners

Brian SmalleyAmalgamated Bank

Scott ZuckerTradeweb

Denise CourterFiDi Families

Ron DarlingFormer All Star Pitcher for the New York Mets

Pastor Ziddie HamatheiteWayside Baptist Church

Marc HeinrichMcKinsey & Company

Carmen HughesHandel Group

Karim HutsonGenesis Companies

Blair LichterAttorney

Keith MestrichAmalgamated Bank

Pastor Gilford T. MonroseMt. Zion Church of God 7th Day

Lee Olesky Tradeweb

Blanca RamirezHudson Housing Capital

Councilman Donovan RichardsNew York City Council Member

Marti SperanzaCandidate for New York City Council

In October, our first-ever Habitat House Party gala was a great success, raising over $615,000 to build and preserve homes for hard-working New Yorkers. Guests sampled whiskey, painted a mural, listened to a live swing band, built a scale model of an upcoming Habitat NYC development, and generously donated to ensure that New York City remains a place where we all can afford to live.

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Because the process of building and selling homes can often span two or more fiscal years, Habitat NYC’s Five Year Average presents a clearer financial picture of our program expense efficiency. These numbers represent combined figures from 2012 – 2016.

Fiscal Year 16

Financials

Home Sales$3,161,644

Management & General$1,936,156

Management & General$7,390,273

Contributions & Grants$3,431,780

Program Services$8,683,527

Program Services$64,455,155

In-Kind$347,038

Earned Income$336,423

Other$757,924

Government Subsidies$1,368,011

Fundraising$1,364,306

Fundraising$6,416,663

TOTAL: $9,402,820 TOTAL: $11,983,989

TOTAL: $78,262,091

Revenue

5-Year Averages

Expenses

82%

10%

8%

100K+

AnonymousBank of America Delta Air Lines Grace Church in New York City Habitat for Humanity InternationalLord & Taylor

75K+

Tradeweb

50K+

Con Edison

Goldman, Sachs & Co.

Salesforce

Wells Fargo Bank

1st Dibs

AIG Enterprise Risk Management

Anonymous

Citi

Depository Trust & Clearing Corporation

Hope For New York

Marble Collegiate Church

Douglas Morse

Plymouth Church

Polo Ralph Lauren Foundation

Scopia Capital Management

David A. Terveen

25K+ 15K+

10K+

5K+

Anonymous

Evan and Joan Bauer

Citizen Watch Company of America

FieldLens

Fred Alger Management

John Isaacs

JPMorgan Chase & Co.

Phillips-Van Heusen Foundation

Carole L. Pittelman

Santander Bank

Semper Capital Management

Marti Speranza and Roderick Wong

Travelers

ADP Foundation

AirWick

Amalgamated Bank

Anonymous

Anonymous

Arup

ASHRAE

American Essentials

Anne Klein

Anonymous

Argosy Foundation

AXIS Capital

Bank of America Merrill Lynch

Manuel and Claire Barron

BCBG Max Azria Group

Brigade Capital Management

Michael Castellon

Chanel

Clarins

Constellation, an Exelon Company

Coty US

Crum & Forster

DaVita

Donna Morgan

Martin E. Elling

DonorsFiscal Year 2016: July 1, 2015 to June 30, 2016

We couldn’t complete our vital work without the combination of volunteer labor and generous donated funds from compassionate New Yorkers and caring corporations. Thanks to all who donated to Habitat NYC this year.

AvalonBay Communities

Capital One Foundation

Collegiate Church Corporation

Ron Darling

Dynasty Wealth Management

Enterprise Holdings

Fidelity National Title Insurance

First American Title Insurance Company

KPS Capital Partners

M&T Charitable Foundation

Cecily Pinkerton

The Esther Simon Charitable Trust

TD Ameritrade

Unicomer Texas

First Presbyterian Church In Jamaica

Firstborn

G III Leather Fashions

Global Brands Group

Suzanne M. Halbardier

International Furnishings and Design Association

Kate Spade & Company

Christopher Kraus and Darcy Stacom

Elizabeth Z. Loos

Marc Fisher

Christine McGuinness

Morgan Stanley Foundation

The Morse Family Foundation

Andrew Morse

Movado Group

Oaktree Capital Management

Kibbie F. Payne

Perry Ellis International

Prudential Financial

Republic Clothing Corporation

Neal Rosenberg

Valerie and John Rowe

Safra National Bank of New York

Sanctuary Clothing

Seyfarth Shaw

The Jane & Frances Stein Foundation

U.S. Bank

VCS Group

Voya Foundation

Woori America Bank

Peter E. Wunsch

Young Men’s/Women’s Real Estate Assoc.

Zegar Family Foundation18

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www.habitatnyc.orginfo@habitatnyc.org212.991.4000

111 John Street, 23rd FloorNew York City, NY 10038

Habitat.for.Humanity.NYC

@HabitatNYC

@HabitatNYC

– Vivian Louie, HPD Commissioner and Habitat Volunteer