ANNUAL REPORT 2014
A Foundation For Stronger Communities
ANNUAL REPORT 2014 | 1
Mission, Vision & Values OUR MISSION To moblize volunteers and community partners in building affordable housing and promoting homeownership as a means to breaking the cycle of poverty.
OUR VISION A world where everyone has a safe and decent place to live.
Table of contents 3
Message from the Board
4
Partner Families
6
Giving Back to the Community
7
Building Blocks for the Future
8
Volunteers: Our Foundation
9
Volunteer Spotlight
10
ReStore: Our Superstructure
11
ReStoring One Step at a Time
Housing for all | We believe that access to safe, decent and affordable housing is a basic human right that should be available to all.
12
Women Build
13
Community Partner Highlight
Human dignity | We believe in the worth and dignity of every human being. We respect the people we serve and those who help us in this effort. People are our greatest resource.
14
Building on our Foundation
OUR VALUES
Partnership | We believe we can best achieve our mission through meaningful and mutually beneficial partnerships with others. Faith in action | We believe that faith is lived through action. Building on our Christian foundation, we serve and work with people of all faiths and beliefs in a spirit of justice and compassion. Diversity and inclusiveness | We believe there is a role for everyone committed to our vision, mission and values, and we seek to enrich our organization through diversity.
16 -17 18
Our Generous Community Partners Financials
Laying the Foundation for Success MESSAGE FROM THE BOARD 2014 was a year of exceptional achievements and numerous challenges. Our steadfast focus on investing in our Societies’ future, increasing customer service, coupled with our unwavering commitment to put partner families first and realize operational efficiencies, has significantly impacted our efforts to deliver another solid year. The sustainable success of an organization depends on the strength of its foundation. Habitat for Humanity Greater Vancouver has been focused on building that foundation, from the brilliance at the board level to the exemplary customer service in our ReStores. The core foundation of Habitat for Humanity Greater Vancouver lies solely in the ongoing commitment and strength of its community partners, donors, volunteers, Board of Directors, and staff. This past year has been about solidifying those relationships and their commitment to building homes for families in order to break the cycle of poverty. We will continue to drive operational excellence and invest in innovation to deliver more homes to more families faster. We have gained good traction this year in delivering tangible results.This is evidenced by the buyback of one partner family home, rehoming it to a new partner family, the upcoming construction of 12 homes in Richmond, and the increased number of ReStores. With significant potential still to be fully unlocked and such a demand for affordable homeownership, the need for a “hand up”, and the desire for personal well-being – we have tremendous opportunities in both growth and vision. We have talented and engaged people, exceptional innovation capabilities, and a strong and committed volunteer core that will significantly strengthen our ability to help build better communities. Habitat will continue to harness the power of partnership to respond to the important economic, social and environmental challenges faced by our partner families. Your Board of Directors
OUR BOARD OF DIRECTORS Gordon MacPherson, Board Chair Jennifer Kwok, Treasurer Cherie L.W. Mah, Secretary Oliver Hamilton, Director Doug Hamming, Director Patrick J. Julian, Director Glen Grant, Director
ANNUAL REPORT 2014 | 3
FAMILY SERVICES AT HABITAT GREATER VANCOUVER
Paving the Way for Families This year has been all about paving the way for more families to be and feel at home. Our wonderful volunteers gathered at Government Street to give a refresher to the development. We were touched by the community involvement. With their support, time and hard work we were able to repair the children’s play area, update the parking lot and give the communal areas a fresh coat of paint. It was also a year of celebration with one family selling their home back to Habitat and purchasing a home in the traditional market. Finally, we have been very busy selecting Partner Families for our Richmond build and are looking forward to more key dedication ceremonies in the future. Before we build, we ask you, our community members, to reach out to your network of neighbours, colleagues, friends and family to let us know of any working families in need of decent, safe and affordable housing. Potential candidates can visit our website* to fill out a pre-screening form and determine eligibility. Families that are deemed eligible are invited to complete a detailed application that will be reviewed by our Family Selection Committee. During this process, finances and credit history are assessed and family interviews are conducted. Once selected, the applicants are required to fulfill their 500 hours of volunteering or sweat equity. There are many ways to complete those hours, whether it is helping in the ReStores, assisting in fundraising or working on a build site. Families are also expected to join mandatory classes and workshops to assist them in taking on the financial, property and community responsibilities of homeownership. *habitatgv.ca
BUILD Home buyers build homes with donated materials & labour
BUY Home buyers purchase homes with favourable financing terms
THE HABITAT HOMEOWNERSHIP MODEL Partner families make interest free mortgage payments capped at 30% of household income. This equity is returned to partner families when they are financially stable and ready to move to the traditional market. Their equity is their cash down payment toward their new house. This allows us to rehome a new partner family and keep the cycle going.
4 | Habitat for Humanity Greater Vancouver
HOME OWNER SELECTION, TRAINING & SUPPORT
REINVEST All mortgage payments are reinvested back into the program
PARTNER FAMILY SPOTLIGHT: RANDALL FORRESTER
Stepping on Solid Ground with Habitat’s Buy Back Model When Randall Forrester, or Randy as he likes to be called, and his family moved into their house in the spring of 2004, he knew he was setting the foundation for his ten year plan. He and his wife had been proactively searching for a house for a long while and were getting ready to move out east to Saskatchewan when they heard about Habitat for Humanity on a CBC show. Despite a few reservations, Randall decided to attend an introduction session and as they say the rest is history. Even though the time between the application and actual move was longer than he expected, Randy says that he and his wife were very clear that it was a “hand up” that would allow them to move into the local market they had been struggling with for so long.
“We knew we were reasonable, hardworking people and that we would get there”. At the end of last summer Randy’s dream came true and he was able to acquire a house in New Westminster thanks to the Habitat Greater Vancouver buyback process. When asked about moving out of his ten-year home, Randy describes his exiting experience as “fantastic” as flexibility allowed him to plan out his transfer from one house to another on a convenient schedule. The Forrester family’s Habitat journey was not a “perfect picture” as Randy puts it. Of course, there were a few challenges along the way, such as finding a school for his daughter, but he describes his experience as instrumental to accessing the regular market and feels strongly about “passing the opportunity along to others”.
and the practical skills of building and renovating a house”. Needless to say, Randy is also a frequent ReStore customer where he shops for supplies. Randy says he is extremely grateful to Habitat for the opportunity and is eager to continue his relationship with the organization through supportive involvement. We wish him the best on his new adventure as a homeowner and look forward to running into him at the ReStores.
He says that having worked onsite at Habitat while fulfilling the sweat equity requirement is really helping out with his current remodelling. “It gave me so much more knowledge
ANNUAL REPORT 2014 | 5
HABITAT GREATER VANCOUVER
Giving Back to the Community
SUPPORTING YOUTH SUCCESS Since August 2013, Habitat for Humanity Greater Vancouver has partnered with the YMCA Summer Exchange and Youth Skills at Work Programs, Experience Education and the Vancouver School Board to provide work experience placements for twenty-six students. Youth ages 16 to 30 are brought into our Society office, as well as in our ReStores, to learn the ins and outs of operating a charitable organization and retail operation. While job shadowing our staff, they receive valuable skills and training that is transferable into the workforce. To date we have had the pleasure of hiring four of our interns and will continue to work alongside our community partners in offering employment experiences locally.
HABITAT CANADA’S INVESTMENT RETURN IN 2014 (STUDY BY THE BOSTON CONSULTANCY GROUP)
$4.00
$175,000
$39 MILLION
is the return to society initiated by every 1$ invested into Habitat for Humanity domestic homeownership program
per family served is the social return generated by Habitat’s homeownership program
is the community social benefit generated through the Canadian Housing Program in 2014
6 | Habitat for Humanity Greater Vancouver
BUILDING BLOCKS FOR THE FUTURE
Meet Katie Moore KATIE MOORE, 26, is a self-coined bibliophile and knitter. She came to Habitat for Humanity Greater Vancouver in August 2014, as part of the YMCA’s Youth Skills at Work Program. She spent the first four weeks in the classroom, learning about conflict resolution and team building. Next, Katie participated in a twelve-week subsidized internship with our affiliate. After what felt like a blink of an eye, Moore completed her placement and was offered fulltime employment as Habitat Greater Vancouver’s office assistant. Welcome to the team! Here are a few of her thoughts on internships and her experiences at Habitat Greater Vancouver.
WHAT DID YOUR INTERNSHIP ENTAIL? I worked four days a week with the affiliate (about thirty hours per week) and one full day at YWCA to continue with skills training and workshops. WHAT WERE YOUR DAILY TASKS? My tasks varied. At first I was assigned data entry. Sometimes I would do basic office tasks for staff members, or call in for quotes or do research. WHY DID YOU PICK HABITAT FOR HUMANITY GREATER VANCOUVER? A couple of reasons. There’s the obvious fact that Habitat for Humanity is all about helping people. It’s great to come to work and know what you’re doing will help someone; that the work you do matters. I also have a background in construction, and while what I do for Habitat Greater Vancouver doesn’t need that, it’s nice to be able to use things from past jobs and experiences. WHAT DID THE INTERNSHIP TEACH YOU ABOUT THE WORKPLACE, CHARITABLE ORGANIZATIONS? It’s taught me that so many things combine to make a whole. Habitat Greater Vancouver has so many different parts that all come together to do what it does: the Society office, the ReStores, the volunteers, the donors, the building of homes, the partner families. All of it has to work as one in order for Habitat for Humanity Greater Vancouver to function. And there are some amazing people working to make sure it does!
SINCE INTERNING WITH HABITAT, WHAT HAVE YOU LEARNED? Hard to say. I’ve learned a lot about how a busy office works and functions: the day to day tasks, how to better deal with people, how to handle a temperamental printer. I’m sure if I really sat down and thought about it there would be hundreds of little tasks and tricks I’ve learned. WHY INTERN WITH HABITAT FOR HUMANITY GREATER VANCOUVER? Habitat is a real community. There are volunteers who become fixtures here for what seems like forever and all the staff know them well. On an individual level, there are some really great people, and on a professional side, there is always someone more experienced willing to explain something if you don’t know what you’re doing. There’s also a huge variety in what we do. Sometimes you’re moving furniture in the ReStore, or painting a house on a work bee—there’s also event planning and preparation, not to mention office work. You never get bored and you learn tons of different things. Plus, the ReStores have some great finds and if you’re close by you’ll know exactly when something really cool comes in! In December 2014, Katie Moore joined the Habitat Greater Vancouver team as its office administrator. In her spare time, she reads fantasy and science fiction series, and does creative writing. She hopes to start her American Sign Language studies in the fall of 2015. We wish her well.
ANNUAL REPORT 2014 | 7
HABITAT GREATER VANCOUVER
Volunteering Volunteers are at the very foundation of our mission to build safe and decent housing, and promote affordable homeownership. They are dedicated, passionate and continue to show up to work at our ReStores and events, including the BC Home + Garden Show, BMO Vancouver Marathon, Vancouver Home + Design Show, BUILDEX Express and countless work bees. Last year, 269 volunteers banked, 1,883 hours alongside Habitat staff, and everyone has their sights on building come fall 2015. Volunteers are the core of our organization. We could not do it without you, Thank you!
VOLUNTEERS QUICKFACTS
269
HABITAT ACTIVE VOLUNTEERS
1,883
HOURS LOGGED
37,660
$
WORK TIME DONATIONS
20 COMMUNITY GROUPS Build day volunteers 258 Build day hours 1,806 Labour worth $36,120
VOLUNTEER APPRECIATION DAY On October 6, 2014, World Habitat Day, we celebrated our volunteers at our second annual Volunteer Appreciation Event. We feted a year of accomplishments with a reception at the Delta Vancouver Suites where more than a 100 of our generous and dedicated volunteers gathered. It was an opportunity to cherish the great successes and contributions of our active volunteer roster. The evening was filled with shared memories, build stories and ReStore adventures窶馬ot to mention delicious dishes, care of the chefs and catering staff at the Delta. It was a reminder that together we can prosper and make our collective future brighter and better. We look forward to making new memories and honouring our volunteers all again next year.
Thank you! 8 | Habitat for Humanity Greater Vancouver
2014 TOTAL VOLUNTEER LABOUR WORTH:
$73,780
HABITAT GREATER VANCOUVER
Volunteer Spotlight: Amy Adams
AMY ADAMS, 29, came to Habitat Greater Vancouver in November 2014—first as a ReStore volunteer, then as a Women Build fundraiser and Pink Hard Hat Club member (having raised over $2,500 towards the Women Build campaign). An architectural designer, Adams loves to apply her unique skill set to any construction project, whether it is building a door, or bins made out of palettes for the ReStore. For Amy, doing what she loves while helping others makes volunteering with Habitat for Humanity Greater Vancouver an easy fit.
OUTSIDE OF VOLUNTEERING, WHAT DO YOU LIKE TO DO? I love to play softball. I currently coach a young girls’ competitive team in Vancouver. I also enjoy riding my bike and doing yoga to stay active. And of course, my Netflix marathons and going out with friends. HOW DID YOU LEARN ABOUT HABITAT? I heard about Habitat on the television network HGTV Canada and by word of mouth in the construction industry. WHY VOLUNTEER WITH HABITAT GREATER VANCOUVER? I have worked in the construction industry for nine years and have a broad knowledge base. I thought it would be a great way to use my skills and help others in the process—whether it’s building door holders or helping customers select tiles in the ReStores. ANY HIGHLIGHTS TO SHARE? I love building things. The biggest highlight so far was when Bella Drygeese (Habitat Greater Vancouver’s volunteer and events coordinator) and I worked together to build door display holders for all the Vancouver ReStores. I taught her how to use the chop and table saws, and we worked well as a team WHY SHOULD OTHERS VOLUNTEER WITH HABITAT GREATER VANCOUVER? Habitat Greater Vancouver is an amazing organization that helps families achieve their dreams of owning a home. I’m lucky to be a part of that amazing process!
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HABITAT GREATER VANCOUVER
ReStores Our Superstructure Our Social enterprise ReStore supports our operational costs and is essential to our sustainability model. This year we focused on increasing our community outreach efforts as well as our recycling programs. New programs were started with partners such as Wastech and Schnitzer Steel. In scrap metal recycling alone we have seen growth of 341% from 2013. Habitat for Humanity Restores received the Corporate Social Responsibility award in 2014 from the Retail Council of Canada.
DECONSTRUCTION PROGRAM Metro Vancouver has set ambitious targets for the reduction of solid waste entering landfills. The ultimate target is zero waste for the region. Habitat for Humanity ReStores play a significant role in reducing the flow of surplus useable items and waste construction material to Metro Vancouver landfills. More than 1,800 tons of material that would have been trucked to landfills, waste-sold and recycled at our Greater Vancouver ReStores in 2014. Habitat for Humanity Greater Vancouver is working with the City of Vancouver, the Vancouver Economic Commission, the Vancouver Foundation and the design community on a deconstruction program that focuses on the reuse of material from homes undergoing demolition or reconstruction. The opening of a ReStore in the False Creek Flats area will serve as a hub where materials will be sorted cleaned and re-sold. This aligns with the City of Vancouver 2020 Greenest City Action Plan.
RETHINK WHERE YOU SHOP Habitat for Humanity Greater Vancouver relies on the generosity of its community partners and volunteers to build Habitat homes in our local communities. How do we do this? Through our ReStore operations. ReStore sells new and gently-used home décor items and building supplies at 50 to 80 percent off retail prices. Our inventory is kindly donated by corporate donors such as The Home Depot, The Bay, The Brick and other retail outlets—not to mention individuals who are downsizing, renovating or giving away items they no longer need and want. All year long, our truck fleet covers the Greater Vancouver area, collecting donated goods from individuals and businesses and distributing them to our various ReStore locations. ReStore is mainly volunteer-run and is operated by Habitat for Humanity affiliates across the globe. In Canada alone, over 100 ReStores have popped up since first opening in Winnipeg, MB in 1991. ReStore is a social enterprise, meaning everything it sells covers 100 percent of our affiliate’s operational costs and helps build Habitat homes across the Lower Mainland. In 2014, Habitat Greater Vancouver operated three locations in Burnaby, Vancouver and North Vancouver. In 2015, the second Burnaby location is set to open—making it four locations in total. Our slogan is simple: Shop, Donate, Volunteer and Build. What you buy and contribute to our ReStores—and the time you invest in our operations as a volunteer—allows us to build more Habitat homes faster for working families in need. Our work couldn’t be done without the dedication and commitment of our donors and volunteers. We thank you!
10 | Habitat for Humanity Greater Vancouver
HABITAT GREATER VANCOUVER
ReStoring our Community One Step at a Time WHAT IS THE SCRAP DRIVE? Scrap Drive is our Scrap Metal program. In partnership with Schnitzer Steel we convert pennies per pound into dollars per pound by better sorting and high grading nonferrous metal. Still in its infancy, we are building a volunteer core that will aid in creating higher returns for our metal recycling efforts. In short, Scrap Drive pays a higher premium for metal. The program directs smaller to medium metal accounts to donate their metal to Habitat for Humanity. Schnitzer Steel actively promotes this program and provides marketing material, training and advertising aid. Our goal is to raise in excess of $9,000 per month. Once achieved, we can say with the help of Schnitzer Steel one lucky partner family will receive a home.
CHAIRLIFT: UPCYCLING CHALLENGE 3 On September 6, 2014, 10 media personalities came to the Vancouver ReStore and handpicked chairs to upcycle for auction at the Vancouver Home +Design Show. Each participant was given $50 to beautify and transform their chosen chair into a new piece. It was a creative way to fundraise for Habitat. All items were displayed and auctioned off at the Vancouver Home +Design Show. The variety was astounding, from Canucks chairs to glam to planters. It was upcycling embodied.
ANNUAL REPORT 2014 | 11
HABITAT GREATER VANCOUVER
Women Build In November of 2014, Habitat for Humanity Greater Vancouver launched its first annual Women Build campaign: Power Women, Power Tools. Thanks to the support of our presenting sponsor, P&G and their brands of T ide, Bounty, Swiffer and Mr. Clean, and countless other national and local firms, associations and businesses—Vancouver’s Women Build movement has the power to move mountains. We welcome 400 committed, enthusiastic and hardworking women to join us on our Richmond build site come fall 2015 to help build six single family homes, each with their own rental suites. We invited over 200 guests to celebrate at The Fairmont Hotel Vancouver with us. Media personalities, Habitat supporters, volunteers and others came to fete as we showcased our upcoming build and just how we create communities—one home at a time. Women Build is more than just building homes, or encouraging women to volunteer on a build site, it is about putting women at the forefront of tangible social change and charitable giving right here at home.
With the support of our Women Build ambassadors—Premier Christy Clark, the Honourable Linda Reid (MLA, Speaker of the House), Jill Schnarr, Jillian Harris, Norma Reid, Monica Moretto, Dianne Watts, Fiona Forbes, Kerry Sauriol and Jill Amery—we are confident we can reach our fundraising goal of $500,000. At the end of 2014, we had raised $90,000 with over 27 participants committing to raising over $2,500 each at the launch alone, making them official Pink Hard Hat Club members.
400 WOMEN 12 | Habitat for Humanity Greater Vancouver
10 DAYS
12 HOMES
HABITAT GREATER VANCOUVER
Community Partner Spotlight
In 2014, global brandmaker Procter & Gamble (P&G) partnered with Habitat for Humanity Canada to invest in the building of healthy and happy homes across the nation. The three-year partnership includes a contribution of more than $900,000 and in-kind donations from P&G household products such as Tide, Mr. Clean, Bounce and Swiffer.
In coming together, P&G will provide $50,000 per year to Women Build projects in Vancouver, Toronto and Montreal— encouraging women from one end of the country to the other to get involved in Habitat build projects, to raise funds as communities and to promote female volunteering with local Habitat affiliates. Moreover, P&G has assisted in creating a platform through Women Build to empower women to contribute to building affordable homes for working families from the ground up. As such, top bloggers are working with the brand leader to showcase Women Builds throughout Canada.
Additionally, P&G has offered cleaning kits for Habitat Greater Vancouver’s future homes to get them move-in ready. Welcome baskets will boast some of P&G’s famed brands, allowing partner families to settle in quickly and comfortably. We thank P&G and its PR firm Citizen Relations for their continued dedication and relentless support. Community partners such as these play a vital role in allowing Habitat Greater Vancouver and all Habitat affiliates to build a more affordable, safe and decent world, one home at a time.
Here in Vancouver, we have had the pleasure of working with mommy bloggers Kerry Sauriol of SAH Media and Jill Amery of urbanmommies.com. Sauriol and Amery have been vital in spreading the campaign through social media channels, helping elicit media attention and support from TV personalities, participants and donors. In addition to P&G’s local support, it has encouraged its employees and stakeholders to volunteer on Habitat build sites in their own regions—impacting communities where P&G representatives work and live.
ANNUAL REPORT 2014 | 13
HABITAT GREATER VANCOUVER
2014 Building on our Foundation As we awaited our new build in Richmond, individuals, companies and organizations stepped up to help us grow and move forward in anticipation. More than 680 new relationships were forged through donations; 20 community and corporate groups volunteered, donated funds and got their hands dirty both in our ReStores and at our Government Build Site; 117 women committed to raising funds for our Women Build Campaign and many others participated in or hosted fundraising events on our behalf. We are honoured to be the recipient of such incredible generosity. Two such partners helped in unique ways.
TALK SHOP MEDIA
A call from our office was all it took for company Principal Katie Reiach to quickly agree to generously support our mission to generate broader awareness for our work. She engaged her team of talented media savvy staff to not only create a plan of action but to execute with incredible results. In a 3 month period Habitat Greater Vancouver and our Women Build campaign were featured online with Darpan, Notable, 24 Hours, Vancity Buzz and the Globe and Mail. We had prominent airtime on CBC with Rick Clough and print coverage in the Globe and Mail and 24 Hours. This represented visibility by over 8,300,000 visitors and a donated value of $18,000 in media coverage alone! The contribution by Talk Shop Media was priceless and highlights how incredible community partners can truly have an impact.
RBC ROYAL BANK
Upcoming design for Ash Street, Richmond BC
WAYS TO GET INVOLVED • START A FUNDRAISING PAGE OR EVENT on our website (habitatgv.ca) • DONATE OR SHOP in our ReStores
RBC Foundation has been a Habitat national partner for a number of years however, in 2014 our relationship evolved even further on the local front. We were not only the recipient of a significant financial grant but also benefited from the RBC Career Launch Program. We were granted both an intern to assist with planning for an upcoming event and a seasoned project manager to create and help streamline planning processes. Access to human resources that create efficiencies and increase our capacity, yet do not add to our expenses, is priceless. We look forward to the evolution of our partnership with RBC in the coming year and we are deeply grateful. 14 | Habitat for Humanity Greater Vancouver
• VOLUNTEER 4 HOURS PER WEEK at your local ReStore • ENGAGE YOUR WORKPLACE in a cause marketing campaign • JOIN WOMEN BUILD or sponsor it • SPONSOR A BUILD DAY: Teambuilding with your colleagues • SPREAD THE WORD
HABITAT GREATER VANCOUVER
Our Generous Community Partners in 2014 JANUARY 2014 – DECEMBER 2014 We are grateful for all donations of cash and in-kind gifts. Gifts of over $1,000 for which a receipt has been issued are recognized here for the 2014 fiscal year.
COMMUNITY PARTNERS 2014 DEVELOPER $50,000+
BUILDERS $5,000+
• Gordon Food Services • Procter & Gamble
• • • • •
GROUND BREAKERS $25,000+ • Al Roadburg Foundation
CRAFTSMEN $10,000+ • • • • • • • •
CMHC Genworth Financial Canada Louise Hemming MCAP RBC Foundation TD Bank Group The Brick Travelers Insurance Company of Canada
• • • • •
Ausenco Engineering Canstar Construction Ltd. Fluor Nissan Canada Inc. Rx&D, Canada’s Research-Based Pharmaceutical Co. Sandy Strukoff The Exchange Tower The Home Depot Canada Foundation Wawanesa Westland Insurance
CHAMPION $1,000+ • • • •
Cascade Aquatech Christopher Wall Dan Haugseng Delta Burnaby Hotel & Conference Centre
• • • • • • • • • • • • • • • • •
Delta Vancouver Suites Federal Painting Ltd. Geoff Burian IATSE Local 891 Kryton International Inc. Marketplace Events Mary-Louise Anderson Mortgage Brokers Association of BC Nordson Canada Omicron Pan American Silver Richmond Sunrise Rotary Risk Management Society Teema Solutions Group Inc. United Way of the Lower Mainland Vancouver International Marathon society Wayne Helfrich
GIFT IN-KIND & RESTORE PARTNERS 2014 SILVER $250,000+ • Abbarch Architecture Inc. • The Home Depot
DEVELOPER $50,000+ • Pacific Granite Manufacturing Ltd. • Sidler International Ltd.
GROUND BREAKERS $25,000+ • Leavitt Machinery • LEC Group • PWL Partnerships
CRAFTSMEN $10,000+ • • • • • • • •
Fairmont Waterfront Hotel Ledingham Design Consultants Maremonte Venture Group Ltd. The Brick The Hudson Bay Company Viceroy Homes Wolseley YVR Airport Authority
BUILDERS $5,000+ • • • • • • • • • • • • • • • •
Ames Tile Centra Windows City Tile Ltd. Colin Campbell Convoy Supply - Delta C&S Tile Delta Vancouver Suites GQ Flooring Jane Thorne Maxwell Floors Richard Lede Ron Parachoniak Russell Lighting Thomas Dean Campbell Tim Clark UBC
CHAMPION $ 1,000 + • • • • •
Beatty Floors Ltd. Carol Roberts Chambers Electric Corporation Cheviot Products Inc. Convoy Supply - Delta
16 | Habitat for Humanity Greater Vancouver
• • • • • • • • • • • • • • • • •
EB Horseman& Son Erin Tully Fairmont Hotel Vancouver Gordon MacPherson Herb Coombes Ian Weinstein Jake Wetzel Jane Thorne Jennifer Kwok Jerry Minni John Story J&S Cabinet Doors Ltd. KPMG LLP Vancouver Leigh Sauder Liu Xueqin Menzies Metal Products Metropolitan Hardwood Floors Inc.
• • • • • •
Natalie Maga Nick Lucksa Noam Gagnon’s Wellness Centre Norburn Lighting PSAV Richard and Jean Bennett
• • • • • • • • •
Rita Walters Ron Yuers Shi Hau Hong Still Creek Press Stoney Creek Cabinet Company S&N Lighting Manufacturing Co. Ltd Warren Scott Shamim Hirji Weatherguard Gutters Inc. WestJet
HABITAT GREATER VANCOUVER
Community Partners $250,000+
$50,000+
$25,000+ Al Roadburg Foundation
$10,000+
$5,000+
ANNUAL REPORT 2014 | 17
HABITAT GREATER VANCOUVER
Financial Highlights 2014
2013
%
CONTRIBUTIONS, GRANTS AND DONATIONS Proceeds Fund Raising Expenses Net Contributions, Grants and Donations
285,207
789,176
-64%
(128,830)
(129,934)
-1%
156,377
659,242
-76%
1,999,142
1,848,422
8%
(1,579,665) (1,392,372)
13%
RESTORE OPERATIONS ReStore Revenue ReStore Operating Expenses Net ReStore Operations
419,477
456,050
-8%
(53,218)
463,490
-111%
CONSTRUCTED PROPERTIES (1) Sale Proceeds (2) Cost of Constructed Properties Net Proceeds from Constructed Properties
-
(102,443) -100%
(53,218)
361,047 -115%
GENERAL ADMINISTRATION EXPENSES Administration Depreciation Total General Administrative Expenses
Interest Revenue
Excess of Revenues over Expenditures
(608,499)
(664,460)
-8%
(12,569)
(11,838)
6%
(621,068)
(676,298)
-8%
109,263
137,992
-21%
10,831
938,033
-99%
Note (1) The last 6 units at 8745 Government Street are anticipated to be sold in 2015. In 2014, the Society repurchased 1 unit at 8745 Government Street and is anticipated to be sold in 2016. Note (2) Sales proceeds from property have been discounted at an imputed interest rate of 3.75%.
18 | Habitat for Humanity Greater Vancouver
HABITAT REVENUES Contributions, grants and donations
Restore Revenues
Interest
Sale of constructed Properties
$3,500,000 12% 4%
$3,000,000 $2,500,000
5%
$2,000,000
59%
$1,500,000
85%
$1,000,000 $500,000
25%
12% -2%
$$(500,000) 2014
2013
HABITAT EXPENDITURES Administration
Fundraising Expenses and Depreciation
ReStore Operations
Cost of Constructed Properties Sold
$2,500,000
4%
$2,000,000 $1,500,000
61%
68%
$1,000,000 $500,000 $-
6%
6%
26%
29%
2014
2013
HABITAT ASSETS Cash and Term Deposits
Property under construction
Equipment
Mortgages receivable
$7,000,000 $6,000,000 $5,000,000
39%
$4,000,000
47%
1%
$3,000,000 $2,000,000
1%
52%
48%
8%
4%
$1,000,000 $2014
2013
ANNUAL REPORT 2014 | 19
Burnaby ReStores 2475 Douglas Road BC V6C 5A9 7977 Enterprise Street BC V5A 1V5 North Vancouver ReStore 126 Harbour Avenue BC V7J 2E4 Vancouver ReStore 69 West 69th Avenue BC V5X 2W6 P: 604.878.5050 for all G GVReStores @GVReStores  GVReStores
Habitat for Humanity Greater Vancouver 7977 Enterprise Street, Burnaby BC V5A 1V5 604.681.5618 | habitatgv.ca Habitatvan
@habitatvan
Charitable Registration Number: 88198 3183 RR0001