Habitat For Humanity International Inc
- Assets
- $24.5m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 91
- Location
- Cleveland, OH
- Founding
- 01/1987
- Data as of
- 12/2023
- EIN
- 31-1209423
Organization Overview
Habitat For Humanity International Inc is located in Cleveland, OH. 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 12/2023, Habitat For Humanity International Inc employed 91 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 12/2023, Habitat For Humanity International Inc generated $9.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $7.9m during the year ending 12/2023. While expenses have increased by 11.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEEKING TO PUT GOD'S LOVE INTO ACTION, GREATER CLEVELAND HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE. CLEVELAND HABITAT GIVES FAMILIIES A PATH TOWARDS FINANCIAL STABILITY, SAFETY AND A LASTING LEGACY FOR THEIR FAMILY BY BUILDING AND REHABBING AFFORDABLE HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLEVELAND HABITAT GIVES FAMILIES A PATH TOWARDS FINANCIAL STABILITY, SAFETY AND A LASTING LEGACY FOR THEIR FAMILY BY BUILDING AND REHABBING HOMES. HABITAT HOMEOWNERS ARE LOW TO MODERATE INCOME, HAVE STABLE EMPLOYMENT AND A DECENT CREDIT HISTORY. HOMEBUYERS ARE CHOSEN BASED ON NEED, ABILITY TO PAY AND THE WILLINGNESS TO PARTNER WITH HABITAT BY FULFILLING 200 - 300 HOURS OF "SWEAT EQUITY." SINCE 1987, THIS TRANSFORMATIVE PROCESS HAS IMPACTED HUNDREDS OF FAMILIIES, REVITALIZED COMMUNITIES AND UNITED GREATER CLEVELANDERS TO GIVE THEIR TIME, TALENT AND TREASURE AROUND THE CAUSE OF AFFORDABLE HOMEOWNERSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Owendoff Chairperson | OfficerTrustee | 5 | $0 |
Adam Nazette Director | Trustee | 2 | $0 |
Adam Primm Director | Trustee | 2 | $0 |
Amy Whitacre Director | Trustee | 2 | $0 |
Art Lidrose Director | Trustee | 2 | $0 |
Bethany Germano Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Js Hardscapes Inc Excavation | 12/30/23 | $738,513 |
Level Ground Contracting Concrete | 12/30/23 | $203,796 |
C-town Construction Siding And Roofing | 12/30/23 | $201,325 |
Armada Construction Llc Concrete | 12/30/23 | $185,382 |
Mother Nature's Son Concrete | 12/30/23 | $124,415 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $141,152 |
| Related organizations | $0 |
| Government grants | $595,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,322,006 |
| Noncash contributions included in lines 1a–1f | $2,723,526 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,058,158 |
| Total Program Service Revenue | $1,112,000 |
| Investment income | $88,055 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,516 |
| Net Gain/Loss on Asset Sales | $113,551 |
| Net Income from Fundraising Events | -$36,922 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $296,301 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,959,199 |
| 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. | $355,298 |
| Compensation of current officers, directors, key employees. | $27,137 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,404,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $459,673 |
| Payroll taxes | $336,046 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $54,883 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $380,800 |
| Travel | $71,282 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,482 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,333 |
| Insurance | $104,282 |
| All other expenses | $392,353 |
| Total functional expenses | $7,851,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,572,420 |
| Savings and temporary cash investments | $437,779 |
| Pledges and grants receivable | $584,832 |
| Accounts receivable, net | $105,308 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,608,819 |
| Inventories for sale or use | $570,536 |
| Prepaid expenses and deferred charges | $55,270 |
| Net Land, buildings, and equipment | $4,800,766 |
| Investments—publicly traded securities | $2,293,530 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,484,175 |
| Total assets | $24,513,435 |
| Accounts payable and accrued expenses | $372,446 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $8,882,069 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,791,108 |
| Total liabilities | $11,045,623 |
| Net assets without donor restrictions | $12,855,033 |
| Net assets with donor restrictions | $612,779 |
| 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 | $24,513,435 |