Habitat For Humanity-New York Inc

Organization Overview

Habitat For Humanity-New York Inc is located in New York, NY. 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-New York Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity-New York 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-New York Inc generated $5.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $7.7m during the year ending 06/2022. 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

HABITAT FOR HUMANITY NEW YORK CITY AND WESTCHESTER COUNTY BUILDS A MORE EQUITABLE NEW YORK BY DEVELOPING AND PRESERVING AFFORDABLE HOMES AND BY ADVOCATING FOR HOUSING POLICIES TO HELP COMMUNITIES ADDRESS THE HISTORIC LEGACY OF HOUSING INJUSTICE. WE SERVE PRIMARILY LOW-TO MODERATE-INCOME NEW YORKERS EARNING ROUGHLY 50 TO 90 PERCENT OF AREA MEDIAN INCOME. SINCE OUR INCEPTION, HABITAT NYC AND WESTCHESTER HAS SERVED NEARLY 2,200 FAMILIES THROUGH OUR HOMEBUILDING AND HOUSING PRESERVATION PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FIRST-TIME HOMEBUYER PROGRAM: HOMEOWNERSHIP IS ESSENTIAL FOR FAMILIES TO BUILD STRENGTH, STABILITY AND SELF-DETERMINATION. WITH SO MANY FAMILIES BEING PRICED OUT OF AN INCREASINGLY EXPENSIVE RENTAL MARKET, WE BELIEVE THAT HARD-WORKING NEW YORKERS DESERVE ACCESS TO PURCHASE A SAFE, AFFORDABLE HOME. THAT'S WHY DEVELOPING BOTH SINGLE-FAMILY HOMES AND MULTI-FAMILY BUILDINGS FOR LOW-TO MODERATE-INCOME NEW YORKERS IS AT THE VERY HEART OF OUR MISSION. FOR THE FISCAL YEAR ENDED JUNE 2022, WE COMPLETED AND SOLD 34 HOMES TO QUALIFIED FAMILIES, 20 HOMES IN BROOKLYN, 13 HOMES IN THE BRONX, AND ONE HOME IN QUEENS. WE ALSO BROKE GROUND ON NYC'S FIRST NEW CONSTRUCTION PROJECT ON INTERBORO COMMUNITY LAND TRUST. 13 VACANT, DILAPIDATED HOUSES ARE BEING DEMOLISHED AND TRANSFORMED INTO 13 MODULAR AND 3 REHABILITATED SOLAR POWERED, NET ZERO, PERMANENTLY AFFORDABLE HOMES TO BE SOLD TO QUALIFIED HOMEBUYERS. HABITAT FOR HUMANITY NEW YORK CITY AND WESTCHESTER CONTINUED TO DEVELOP AN EXTENSIVE PIPELINE OF 467 HOUSING UNITS. ALL LOCATIONS ARE FINANCED BY PRIVATE CONTRIBUTIONS AND PUBLIC SUBSIDIES PROVIDED BY THE CITY AND STATE OF NEW YORK.


HOUSING PRESERVATION PROGRAMS: WE CANNOT BUILD OUR WAY OUT OF OUR AFFORDABLE HOUSING CRISIS, WHICH IS WHY IT IS CRITICAL FOR US TO WORK WITH EXISTING TENANT-OWNED AFFORDABLE BUILDINGS TO KEEP THEM AFFORDABLE FOR GENERATIONS TO COME. OUR HOUSING PRESERVATION PROGRAM IS A HOLISTIC PROGRAM THAT WORKS WITH INDIVIDUAL BUILDINGS ON THEIR INDIVIDUAL NEEDS, PROVIDING LOW-COST SERVICES FROM CONSTRUCTION, FINANCIAL EDUCATION, LEGAL MONITORING AND MORE. FOR THE FISCAL YEAR ENDED JUNE 2022, OUR HOUSING PRESERVATION PROGRAM SERVED 811 HOUSEHOLDS THROUGH OUR POST- PURCHASE SERVICES AND PRESERVATION WORK. WE COMPLETED 15 CONSTRUCTION PRESERVATION SERVICES CONTRACTS RESULTING IN APPROXIMATELY 725 INDIVIDUALS SERVED. PROJECTS INCLUDED SCOPE ITEMS SUCH AS: HALLWAY REPAIRS AND PAINTING IN COMMON AREAS, ROOF PRESERVATIONS AND REPLACEMENTS; FIRE ESCAPE REPAIRS, REPAIR AND WATERPROOFING OF BUILDING FACADES; INTERIOR UNIT AND HALLWAY WINDOW REPAIR; CONCRETE REPLACEMENT; AND MORE. THESE SERVICES, PROVIDED AT AN AFFORDABLE COST TO THE CO-OP, KEEP COSTS LOW AND ENSURE THAT RESIDENTS CAN REMAIN IN THEIR HOMES.


COMMUNITY PRESERVATION PROGRAM: WE WORKED WITH ORGANIZATIONS IN LOW-INCOME NEIGHBORHOODS MAKING CAPITAL IMPROVEMENTS TO PUBLIC SPACES THROUGH OUR COMMUNITY PRESERVATION PROGRAM. EMERGING FROM THE COVID-19 PANDEMIC, THE PROGRAM WAS ABLE TO RESTART AND SERVE 5 COMMUNITY SPACES THROUGH THE FISCAL YEAR ENDED JUNE 2022. THE PROGRAM HAS REVITALIZED 206 NEIGHBORHOOD SPACES IN ITS TENURE. VOLUNTEERS PAINT AND MAKE LIGHT REPAIRS IN PUBLICLY USED FACILITIES SUCH AS SENIOR CENTERS, SOUP KITCHENS, GYMS, LUNCHROOMS, AND CLASSROOMS FOR AFTER SCHOOL PROGRAMS. WE IMPROVE THE LIVES OF THOUSANDS OF LOW-INCOME RESIDENTS, INCLUDING REGISTERED AND DROP-BY USERS OF THESE PROGRAMS. THE OPERATIONAL COSTS OF THE NEIGHBORHOOD REVITALIZATION PROGRAM ARE FUNDED THROUGH PRIVATE CONTRIBUTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Anthony Montalto
Chair
$0
Douglas Morse
Immediate Past Chair
$0
Melva Miller
Vice Chair
$0
Andrea Himmel
Secretary
$0
Brian Smalley
Treasurer
$0
Ron Franklin
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Benchmark Title Agency Llc
Project Closing Costs
$292,939
Fg-ph Corp
Construction Contractor
$291,569
Union Street Studio Llc
Construction Contractor
$518,321
Delta Demo Of New York Inc
Common & Maint. Charges
$225,374
111 John Realty Corp
Property Management
$221,275
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$837,564
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,350,621
Noncash contributions included in lines 1a–1f $739,148
Total Revenue from Contributions, Gifts, Grants & Similar$5,188,185
Total Program Service Revenue$303,028
Investment income $267
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,815,236

Peer Organizations

Organization NameAssets
Viecare Butler Llc
Cranberry Township, PA
$19,371,728
Valley View Haven Inc
Belleville, PA
$17,996,498
Pathways To Housing Pa
Philadelphia, PA
$21,018,312
Phipps Houses
New York, NY
$87,375,863
Affordable Housing And Services Collaborative Inc
Braintree, MA
$21,678,364
Neville Communities Home Inc
Cambridge, MA
$17,211,927
Housing Visions Unlimited Inc
Syracuse, NY
$16,572,046
Fairhaven Healthcare Center Inc
Lowell, MA
$11,897,110
Jewish Federation Housing Development Fund Company
Buffalo, NY
$1,951,149
Alfa Development Inc
Newfoundland, NJ
$19,511,779
Settlement Housing Fund Inc
New York, NY
$17,891,917
Inquilinos Boricuas En Accion Inc
Boston, MA
$18,804,010
Morris Habitat For Humanity
Randolph, NJ
$10,311,279
Housing Plus Solutions Inc
Brooklyn, NY
$13,420,964
Phipps Affordable Housing Support Corp
New York, NY
-$749,916
Grand Central District Management Association Inc
New York, NY
$12,729,561
Westbeth Corp Housing Development Fund Company Inc
New York, NY
$10,611,091
Community Action Agency Of Delaware County Inc
Boothwyn, PA
$13,360,678
Neighborhood Of Affordable Housing Inc
East Boston, MA
$10,832,448
Ndc Housing And Economic Development Corporation
New York, NY
$13,208,840
Milton-Fuller Housing Corporation
Milton, MA
$10,056,705
New Destiny Housing Corporation
New York, NY
$10,789,755
Crotona Park West Housing Development Fund Corporation
New York, NY
$7,561,810
Mercy Haven Inc
islip terrace, NY
$10,225,278
Bushwick United Housing Development Fund Corporation
Brooklyn, NY
$9,279,019

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