Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Leominster, MA. 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 06/2024, Habitat For Humanity International Inc employed 11 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 $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 7.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HABITAT FOR HUMANITY IS A NON-PROFIT HOUSING MINISTRY THAT SEEKS TO BE A PARTNER AND CATALYST IN BUILDING COMMUNITIES WHERE EVERYONE HAS THE OPPORTUNITY TO THRIVE. WE BELIEVE OUR MODEL OF SERVICE CAPITAL, NOT CHARITY, CO-WORKERS AND NOT CASE WORKERS PROVIDES A STRENGTH-BASED APPROACH THAT ENHANCES THE CAPABILITIES OF FAMILIES, ENCOURAGING THEM TO DRAW ON THEIR OWN SELF DETERMINATION AND STRENGTHS. WE BELIEVE THAT FAMILIES WHO INVEST IN THEMSELVES THROUGH FINANCIAL EDUCATION AND SWEAT EQUITY IN THE CONSTRUCTION OF THEIR OWN HOMES TRANSFORM THEIR LIVES AND THE LIVES OF THEIR CHILDREN FOR THE BETTER. OUR FAMILIES ARE REQUIRED TO INVEST 200-350 HOURS OF SWEAT EQUITY INTO HABITAT PROGRAMS. THE OWNER AND FAMILIES ARE ALSO REQUIRED TO COMPLETE CERTAIN HOMEOWNERSHIP READINESS CLASSES BEFORE PURCHASING THEIR HABITAT HOMES, AS THE MORTGAGE HOLDER HABITAT OF NORTH CENTRAL MASSACHUSETTS IS ABLE TO PROVIDE A 0% INTEREST MORTGAGE LOAN.

Describe the Organization's Program Activity:

WITH A MISSION TO STRENGTHEN FAMILIES AND COMMUNITIES THROUGH AFFORDABLE HOME OWNERSHIP THE ORGANIZATION HAS BROADENED ITS EFFORTS TO IMPACT AS MANY LOWER INCOME FAMILIES AS POSSIBLE. IN NORTH CENTRAL MASSACHUSETTS WE CONTINUE TO BUILD THE CAPACITY OF THE ORGANIZATION THROUGH EITHER BUILDING NEW HOMES OR RENOVATING OWNER OCCUPIED HOMES STARTING WITH VETERAN FAMILIES AND THEN BRANCHING OUT TO ALL POTENTIAL FAMILIES. THE ORGANIZATION IS CONCENTRATING ITS EFFORTS IN SPECIFIC AREAS IN ORDER TO MAKE THE GREATEST IMPACT.


THE ORGANIZATION OPERATES A RESTORE. THE STORE RECEIVES DONATED BUILDING MATERIALS AND SUPPLIES FROM CONTRACTORS THAT WOULD NORMALLY BE DISPOSED OF AT THE END OF CONSTRUCTION. WE ALSO RECEIVE DONATIONS OF FURNITURE AND HOUSEHOLD GOODS FROM INDIVIDUALS. THESE ITEMS ARE SUBSEQUENTLY RESOLD TO GENERATE FUNDS IN ORDER TO PROVIDE RESOURCES TO CONTINUE OUR AFFORDABLE HOME BUILDING PROCESS.


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Board, Officers & Key Employees

Name (title)Compensation
Carolyn Read
Executive Di
$83,774
Lynn Devin Ashe
Secretary/cl
$0
Jim Darcangelo
Director
$0
Thomas Dufault
President
$0
Brieanna Kelley
Vice Preside
$0
Steven Ledoux
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,207,741
Investment income $1,055
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$506
Net Income from Fundraising Events $59,276
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,870,114

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