Habitat For Humanity International Inc
- Assets
- $1.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Norwell, MA
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 22-2701789
Organization Overview
Habitat For Humanity International Inc is located in Norwell, 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 6 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 $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. 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
TOGETHER WE BUILD STRENGTH, STABILITY AND SELF-RELIANCE THROUGH SHELTER BY PARTNERING WITH FAMILIES IN NEED OF AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH PROGRAM - SSHH SERVES 32 CITIES AND TOWNS SOUTH AND SOUTHWEST OF BOSTON. THIS PROGRAM PROVIDES INFORMATION TO RESIDENTS, CONGREGATIONS AND LOCAL ORGANIZATIONS IN OUR SERVICE AREA ABOUT OUR MISSION, PROVIDING OPORTUNITIES TO FAMILIES FOR THE HOUSING PROGRAM, AND RECUITS AND MANAGES VOLUNTEERS FOR THE HOME BUILDING PROJECTS PROVIDING OPPORTUNITIES TO FAMILIES FOR THE HOUSING PROGRAM, AND RECRUITS AND MANAGES VOLUNTEERS FOR THE HOME BUILDING PROJECTS.
FAMILY HOUSING PROGRAM - THIS PROGRAM EDUCATES FAMILIES ON FINANCIAL LITERACY AND HOMEOWNERSHIP AND SUPPORTS THE CONSTRUCTION OF AFFORDABLE HOUSING UNITS. THIS YEAR 1 NEW HOME WAS COMPLETED, LOCATED AT 5 HIGHVIEW STREET, WESTWOOD, MA AND CONSTRUCTION BEGAN ON 2 NEW HOMES , 302 AND 304 WHITING STREET, HINGHAM, MA
MORTGAGE PROGRAM - SSHH PROVIDES ITS FAMILIES WITH A 30 YEAR AFFORDABLE MORTGAGE AND MANAGES THIS MORTGAGE PORTFOLIO ON AN ONGOING BASIS. SSHH CURRENTLY SERVICES 23 MORTGAGES UNDER THIS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E O'neill Treasurer | OfficerTrustee | 8 | $0 |
Susan Solis Secretary | OfficerTrustee | 4 | $0 |
Stephen J Marshall Vice President | OfficerTrustee | 4 | $0 |
Glenn Tattrie President | OfficerTrustee | 4 | $0 |
Kristen Poulin Director | Trustee | 4 | $0 |
Tracy Harvard Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,961 |
| Related organizations | $0 |
| Government grants | $266,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $722,258 |
| Noncash contributions included in lines 1a–1f | $349,241 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $998,469 |
| Total Program Service Revenue | $205,000 |
| Investment income | $354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $81,769 |
| Net Income from Fundraising Events | $186,641 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,579,287 |
| 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. | $102,000 |
| Compensation of current officers, directors, key employees. | $15,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $326,940 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $23,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $41,980 |
| Information technology | $27,336 |
| Royalties | $0 |
| Occupancy | $105,789 |
| Travel | $4,884 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,347 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,161 |
| Insurance | $0 |
| All other expenses | $3,909 |
| Total functional expenses | $1,461,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,019,170 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,977 |
| Net Land, buildings, and equipment | $17,564 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $491,140 |
| Intangible assets | $0 |
| Other assets | $318,877 |
| Total assets | $1,849,728 |
| Accounts payable and accrued expenses | $53,628 |
| Grants payable | $0 |
| Deferred revenue | $5,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $235,021 |
| Total liabilities | $293,899 |
| Net assets without donor restrictions | $1,094,013 |
| Net assets with donor restrictions | $461,816 |
| 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 | $1,849,728 |