Habitat For Humanity-Riverside Inc
- Assets
- $7.6m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 21
- Location
- Riverside, CA
- Founding
- 06/1989
- Data as of
- 06/2022
- EIN
- 33-0288930
Organization Overview
Habitat For Humanity-Riverside Inc is located in Riverside, CA. The organization was established in 1989. 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-Riverside Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity-Riverside 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-Riverside Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) 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
TO CONSTRUCT, PRESERVE AND REPAIR AFFORDABLE HOUSING FOR FAMILIES WHO LIVE IN SUBSTANDARD HOUSING AND CANNOT AFFORD TO IMPROVE THEIR LIVING STANDARDS BY CONVENTIONAL MEANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCT, PRESERVE AND REPAIR AFFORDABLE HOUSING FOR FAMILIES WHO LIVE IN SUBSTANDARD HOUSING.
OPERATE A RESTORE THRIFT STORE WHICH SELLS SURPLUS DONATED BUILDING MATERIALS. THE RESTORE SUPPORTS THE CONSTRUCTION OF AFFORDABLE HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Roughton President | OfficerTrustee | 5 | $0 |
Jorge D Gutierrez Treasurer | OfficerTrustee | 5 | $0 |
Cathy Brandt Secretary | OfficerTrustee | 5 | $0 |
Nicholas Adcock Director | Trustee | 5 | $0 |
Ken Gutierrez Director | Trustee | 5 | $0 |
Armando Arroyo Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $891,898 |
| All other contributions, gifts, grants, and similar amounts not included above | $189,685 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,081,583 |
| Total Program Service Revenue | $484,549 |
| Investment income | $285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,418 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,134,390 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,715,513 |
| 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. | $93,357 |
| Compensation of current officers, directors, key employees. | $31,119 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $589,251 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $53,689 |
| 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 | $12,515 |
| Advertising and promotion | $3,850 |
| Office expenses | $3,664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $300,654 |
| Travel | $1,131 |
| 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 | $26,153 |
| Depreciation, depletion, and amortization | $1,585 |
| Insurance | $104,807 |
| All other expenses | $194,175 |
| Total functional expenses | $3,071,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $704,410 |
| Savings and temporary cash investments | $1,499,837 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,686 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,767,521 |
| Inventories for sale or use | $194,500 |
| Prepaid expenses and deferred charges | $22,231 |
| Net Land, buildings, and equipment | $5,214 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,336,741 |
| Total assets | $7,582,140 |
| Accounts payable and accrued expenses | $69,298 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $67,101 |
| Total liabilities | $286,399 |
| Net assets without donor restrictions | $4,930,947 |
| Net assets with donor restrictions | $2,364,794 |
| 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 | $7,582,140 |