Habitat For Humanity International Inc
- Assets
- $29.2m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 31
- Location
- Paterson, NJ
- Founding
- 05/1987
- Data as of
- 06/2023
- EIN
- 22-2598353
Organization Overview
Habitat For Humanity International Inc, operating under the name Passaic County Habitat For Humanity, is located in Paterson, NJ. The organization was established in 1987. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Passaic County Habitat For Humanity employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Passaic County Habitat For Humanity 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 06/2023, Passaic County Habitat For Humanity generated $5.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $4.6m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BRING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH CONTRIBUTIONS OF FUNDS, VOLUNTEER LABOR, AND IN-KIND MATERIALS/SERVICES, WE CONSTRUCT, RENOVATE, AND REPAIR HOMES. HOMES ARE SOLD TO INCOME-QUALIFIED PARTNER FAMILIES AT AFFORDABLE PRICES WITH AFFORDABLE MORTGAGES. WE PREPARE FAMILIES TO BE SUCCESSFUL HOMEOWNERS THROUGH EXTENSIVE PRE AND POST-SALE FINANCIAL, SOCIAL, HOME-MAINTENANCE AND OTHER SUPPORT SERVICES. IN FY23 WE COMPLETED ONE NEW SINGLE-FAMILY HOME AND TWO RECYCLED HOMES, INCLUDING THE FIRST 2-FAMILY HOME IN A NEW 2-FAMILY PILOT PROGRAM. WE CONTINUED CONSTRUCTION ON 5 SINGLE FAMILY HOMES AND A MIXED-USE BUILDING WHICH WILL PROVIDE PROGRAM SPACE FOR VETERAN'S SERVICES AND FOUR UNITS OF HOUSING. WE ALSO BROKE GROUND ON EIGHT NEW SINGLE-FAMILY HOMES AND BEGAN PRE-DEVELOPMENT FOR ELEVEN NEW HOUSING UNITS. ADDITIONALLY, WE EXPANDED OUR CRITICAL REPAIR PROGRAM TO SERVE FIVE ADDITIONAL PASSAIC COUNTY MUNICIPALITIES.
OUR RESTORE PROGRAM CONSISTS OF A 22,000 SQUARE FOOT RETAIL OUTLET SELLING DONATED NEW AND GENTLY USED FURNITURE, APPLIANCES, AND BUILDING SUPPLIES TO THE PUBLIC AT GREATLY REDUCED PRICES. NET PROCEEDS GO TO FURTHER THE MISSION OF THE ORGANIZATION. THE BENEFITS TO THE COMMUNITY ARE TWOFOLD; FIRST, THAT WE OFFER LOWER-PRICED ITEMS FOR SALE, AND SECOND, THAT WE REUSE OR RECYCLE ITEMS WHICH WOULD OTHERWISE HAVE TAKEN UP SPACE IN A LANDFILL. IN FY23 WE DIVERTED 1.6M TONS OF MATERIALS FROM LANDFILLS THROUGH 752 DONATION DROP OFFS, 664 DONATION PICKUPS, AND 16,507 SALES TRANSACTIONS.
THE NEIGHBORHOOD REVITALIZATION PROGRAM AT PASSAIC COUNTY HABITAT IS COMMITTED TO SERVING THE CITY OF PATERSON, FOCUSING ON THE 1ST WARD NORTHSIDE NEIGHBORHOOD AND THE 4TH WARD ROSA PARKS NEIGHBORHOOD. OUR EFFORTS ARE CENTERED ON ADDRESSING HOUSING NEEDS, PUBLIC SAFETY CONCERNS, AND EDUCATIONAL RESOURCES TO ENHANCE COMMUNITY WELL-BEING. WE COORDINATE VARIOUS INITIATIVES FOR NEIGHBORHOOD REVITALIZATION, INCLUDING COMMUNITY CLEAN-UPS, FLOWER PLANTING EVENTS, ASSISTANCE WITH COMMUNITY GARDENS, AND CRITICAL REPAIR PROGRAMS. NOTABLY, WE ARE SPEARHEADING THE CONSTRUCTION OF CLINTON STREET PARK, WHICH WILL PROVIDE A MUCH-NEEDED GREEN AND RECREATIONAL SPACE FOR RESIDENTS IN THE 1ST WARD NORTHSIDE NEIGHBORHOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Dr John A Algera Board Member | Trustee | 1 | $0 |
Deborah Murphy Board Member | Trustee | 1 | $0 |
Gwendolyn Ndubuisi Board Member | Trustee | 1 | $0 |
Derya Taskin Board Member | Trustee | 1 | $0 |
Inge Spungen Board Member | Trustee | 1 | $0 |
Gail Levinson Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Phoenix Modular Construction Construction | 6/29/23 | $1,466,284 |
Battaglia Excavation Co Inc Construction | 6/29/23 | $212,506 |
Northeast Precast Llc Construction | 6/29/23 | $160,500 |
Michael Cianciotto Plumbing & Heating Ll Plumbing | 6/29/23 | $140,925 |
D&r Construction Llc Construction | 6/29/23 | $122,699 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $257,885 |
| Related organizations | $0 |
| Government grants | $1,446,923 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,569,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,274,724 |
| Total Program Service Revenue | $1,985,206 |
| Investment income | $88,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $46,210 |
| Net Gain/Loss on Asset Sales | $9,052 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,555,484 |
| 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. | $183,055 |
| Compensation of current officers, directors, key employees. | $23,834 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,270,367 |
| Pension plan accruals and contributions | $56,537 |
| Other employee benefits | $227,890 |
| Payroll taxes | $133,304 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,818 |
| Fees for services: Accounting | $74,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,986 |
| Advertising and promotion | $67,721 |
| Office expenses | $180,879 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $655,021 |
| Travel | $26,195 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $149,694 |
| Payments to affiliates | $89,500 |
| Depreciation, depletion, and amortization | $130,352 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,616,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,273 |
| Savings and temporary cash investments | $3,755,475 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $145,321 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $961,448 |
| Inventories for sale or use | $9,328,443 |
| Prepaid expenses and deferred charges | $46,496 |
| Net Land, buildings, and equipment | $322,960 |
| Investments—publicly traded securities | $3,219,141 |
| Investments—other securities | $0 |
| Investments—program-related | $10,060,918 |
| Intangible assets | $0 |
| Other assets | $1,042,123 |
| Total assets | $29,212,598 |
| Accounts payable and accrued expenses | $232,898 |
| Grants payable | $0 |
| Deferred revenue | $781,576 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $63,093 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $14,721,986 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,008,041 |
| Total liabilities | $17,807,594 |
| Net assets without donor restrictions | $11,276,254 |
| Net assets with donor restrictions | $128,750 |
| 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 | $29,212,598 |