Habitat For Humanity International Inc
- Assets
- $1.2m
- Revenue
- $610.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Topsham, ME
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 01-0460969
Organization Overview
Habitat For Humanity International Inc is located in Topsham, ME. The organization was established in 1987. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 7 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Habitat For Humanity International Inc generated $610.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $306.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY/7 RIVERS MAINE SEEKS TO PROVIDE SAFE, SUSTAINABLE, AND AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES THROUGH NEW HOME CONSTRUCTION AND THE REPAIR AND WEATHERIZING OF EXISTING HOMES IN LINCOLN AND SAGADAHOC COUNTIES AND THE TOWN OF BRUNSWICK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW HOME CONSTRUCTION AND WEATHERIZATION. COMPLETED WEATHERIZATION OF NUMEROUS HOMES IN PARTNERSHIP WITH LOCAL CHURCHES, CONGREGATIONS, VOLUNTEERS, AND LOCAL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Lacher Executive Director | Officer | 40 | $71,107 |
Charlotte Kaplan Interm President | OfficerTrustee | 10 | $0 |
Beth Wood Treasurer | OfficerTrustee | 10 | $0 |
Angela Hamlin Secretary | OfficerTrustee | 10 | $0 |
Sharon Brobst Director | Trustee | 5 | $0 |
Laurel Regan Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $39,645 |
| All other contributions, gifts, grants, and similar amounts not included above | $346,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,462 |
| Total Program Service Revenue | $38,612 |
| Investment income | $6,578 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $50,781 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $128,326 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $610,759 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $66,554 |
| Compensation of current officers, directors, key employees. | $8,019 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,881 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,566 |
| Payroll taxes | $9,496 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,606 |
| Fees for services: Other | $1,802 |
| Advertising and promotion | $3,343 |
| Office expenses | $3,688 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,282 |
| Travel | $1,891 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $266 |
| Insurance | $11,411 |
| All other expenses | $14,668 |
| Total functional expenses | $306,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $393,201 |
| Savings and temporary cash investments | $54,257 |
| Pledges and grants receivable | $55,000 |
| Accounts receivable, net | $559 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $128,872 |
| Inventories for sale or use | $82,866 |
| Prepaid expenses and deferred charges | $4,460 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $385,856 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,465 |
| Total assets | $1,185,536 |
| Accounts payable and accrued expenses | $25,509 |
| Grants payable | $0 |
| Deferred revenue | $43,083 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $70,510 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $139,102 |
| Net assets without donor restrictions | $1,027,417 |
| Net assets with donor restrictions | $19,017 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,185,536 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Habitat For Humanity International Inc has recieved totaling $5,096.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $5,096 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caring Families Inc Portland, ME | $2,183,456 | $4,430,513 |
Greater Brunswick Housing Corporation Brunswick, ME | $11,831,820 | $3,161,972 |
Habitat For Humanity International Inc Portsmouth, NH | $1,729,669 | $1,174,043 |
Habitat For Humanity International Inc Plymouth, NH | $1,886,611 | $925,959 |
Belmont Elderly Housing Inc Concord, NH | $1,640,108 | $469,467 |
Habitat For Humanity International Inc Topsham, ME | $1,185,536 | $610,759 |
Maine Housing And Building Materials Exchange Sabattus, ME | $648,887 | $277,776 |
Habitat For Humanity International Inc Hollis, NH | $1,415,374 | $379,634 |
Eastport Non-Profit Housing Corp Eastport, ME | $736,370 | $225,636 |
Cmrs Iv Inc Greenfield, NH | $466,235 | $178,234 |
Ingraham Housing Corporation Inc South Portland, ME | $1,642,948 | $195,278 |
Mattawamkeag Housing Corp Bangor, ME | $527,877 | $171,156 |