Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in West Springfield, MA. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 26 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 $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE SAFE, DECENT, AFFORDABLE HOUSING FOR THOSE IN NEED, AND TO MAKE DECENT SHELTER A MATTER OF CONSCIENCE WITH PEOPLE EVERYWHERE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS INSTEAD OF HINDERS HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND LONG-TERM CAREER GROWTH. DURING FISCAL YEAR 2022, GREATER SPRINGFIELD HABITAT FOR HUMANITY SERVED MORE THAN 100 PEOPLE THROUGH ITS HOMEOWNERSHIP PROGRAM.


OUR HOME PRESERVATION PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW- TO MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF GREATER SPRINGFIELD HABITAT FOR HUMANITY STAFF MEMBERS TO COMPLETE THE REPAIRS. SINCE THE INCEPTION OF THE HOME PRESERVATION PROGRAM, GREATER SPRINGFIELD HABITAT FOR HUMANITY HAS PARTNERED WITH 49 LOCAL HOMEOWNERS, WITH 5 HOMEOWNERS SERVED DURING FY2022.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Cardaropoli
Vice President
$0
Nadine Maggi
Board Member
$0
Robin Olejarz
Treasurer
$0
Anne Eisenman
President
$0
Tiffany Tranghese
Executive Committee Member
$0
Johnniel Gomez
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$47,948
Related organizations$0
Government grants $64,316
All other contributions, gifts, grants, and similar amounts not included above$858,079
Noncash contributions included in lines 1a–1f $18,935
Total Revenue from Contributions, Gifts, Grants & Similar$970,343
Total Program Service Revenue$0
Investment income $1,910
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$5,067
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,369,060

Peer Organizations

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Jewish Federation Housing Development Fund Company
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$1,951,149
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$13,420,964
Phipps Affordable Housing Support Corp
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-$749,916
Grand Central District Management Association Inc
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$12,729,561
Westbeth Corp Housing Development Fund Company Inc
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$10,611,091
Neighborhood Of Affordable Housing Inc
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Ndc Housing And Economic Development Corporation
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$13,208,840
Milton-Fuller Housing Corporation
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$10,056,705
New Destiny Housing Corporation
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$10,789,755
Crotona Park West Housing Development Fund Corporation
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$7,561,810
Mercy Haven Inc
islip terrace, NY
$10,225,278
Bushwick United Housing Development Fund Corporation
Brooklyn, NY
$9,279,019
Associated Blind Housing Development Fund Inc
Suffern, NY
$10,875,750
Hope Community Inc
New York, NY
$10,141,121
Jammat Housing And Community Development Corporation
Providence, RI
$9,133,161
The Neighborhood Developers Inc
Chelsea, MA
$8,309,577
Milliken Affordable Housing Inc
New York, NY
$0
163rd Street Improvement Council Inc
Bronx, NY
$8,215,787

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