Habitat For Humanity International is located in Warwick, RI. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International 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 generated $462.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $180.9k during the year ending 06/2022. While expenses have increased by 13.1% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE HOUSING AND FINANCING TO QUALIFIED FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION AND FINANCING OF HOMES FOR QUALIFIED FAMILES.
SHORT TERM RENTS FROM FUTURE FAMILY PARTNERS/HOMEOWNERS AND LONG-TERM LAND LEASE FEES FROM HOMEOWNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Masnyk President | OfficerTrustee | 12 | $0 |
George Gifford Vice President | OfficerTrustee | 8 | $0 |
Debra Stacey Secretary | OfficerTrustee | 6 | $0 |
Christopher Spagnole Treasurer | OfficerTrustee | 6 | $0 |
Louise Carriere Board Member | Trustee | 6 | $0 |
Earl Marsh Board Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $232,168 |
Noncash contributions included in lines 1a–1f | $12,622 |
Total Revenue from Contributions, Gifts, Grants & Similar | $232,168 |
Total Program Service Revenue | $187,105 |
Investment income | $12,171 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $410 |
Net Income from Fundraising Events | $30,128 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $462,544 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $500 |
Fees for services: Accounting | $18,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $61,668 |
Advertising and promotion | $1,374 |
Office expenses | $146 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,800 |
Travel | $53 |
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 | $4,834 |
Depreciation, depletion, and amortization | $286 |
Insurance | $3,866 |
All other expenses | $747 |
Total functional expenses | $180,857 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $39,663 |
Savings and temporary cash investments | $479,323 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,771 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $125,349 |
Inventories for sale or use | $3,129 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $752,678 |
Investments—publicly traded securities | $174,780 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $182,706 |
Total assets | $1,762,399 |
Accounts payable and accrued expenses | $3,016 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $10,190 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $13,206 |
Net assets without donor restrictions | $1,548,823 |
Net assets with donor restrictions | $200,370 |
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 | $1,762,399 |