Habitat For Humanity Inc

Organization Overview

Habitat For Humanity Inc is located in Findlay, 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 Inc employed 26 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity 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 Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $3.5m during the year ending 12/2023. While expenses have increased by 31.2% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MAIN ACTIVITIES OF THE ORGANIZATION ARE TO PROVIDE SAFE AND AFFORDABLE HOUSING TO FAMILIES, TO MAKE CRITICAL HOME REPAIRS SO FAMILIES CAN REMAIN IN THEIR HOME IN A SAFE ENVIRONMENT, TO OFFER FINANCIAL COACHING AND COUNSELING TO FAMILIES TO IMPROVE THEIR PERSONAL FINANCES IN ORDER TO ACHIEVE THEIR GOALS. TO ASSIST IN FUNDING THESE ACTIVITIES THE ORGANIZATION OPERATES A RESTORE TO SELL USED HOUSEHOLD AND CONSTRUCTION ITEMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

(CODE: 531390) HOME OWNERSHIP (BUILDING PROGRAM) - THIS PROGRAM PROVIDES FAMILIES IN NEED OF A DECENT PLACE TO LIVE WITH SAFE AND AFFORDABLE HOUSING IN PARTNERSHIP WITH THE ORGANIZATION. HABITAT HOUSES ARE MODESTLY SIZED AND LARGE ENOUGH FOR THE HOMEOWNER'S NEEDS BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE TO THE FAMILY. EACH FAMILY PROVIDES A SET NUMBER OF SWEAT EQUITY HOURS DURING THE CONSTRUCTION PROCESS ALONG WITH COMMUNITY VOLUNTEERS AND EMPLOYING EFFICIENT BUILDING METHODS AND KEEPING THE HOUSE SIZED CORRECTLY KEEPING CONSTRUCTION COST AS LOW AS POSSIBLE WHICH IN TURN MAKES ITS HOUSES AFFORDABLE TO LOW-INCOME FAMILIES TO PURCHASE THROUGH NO PROFIT LOANS. AFFORDABLE HOMEOWNERSHIP HELPS CREATE CONDITIONS THAT FREE HOUSEHOLDS OF INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. DURING 2023 THE ORGANIZATION PROVIDED NEW HOUSING FOR 4 FAMILIES WHICH PROVIDED HOUSING FOR 10 INDIVIDUALS (4 ADULTS AND 6 CHILDREN).


(CODE: 453310) RESTORE OPERATIONS - THE RESTORE IS A RETAIL OUTLET WHERE USED FURNITURE, APPLIANCES AND HOUSEHOLD ITEMS AND SURPLUS BUILDING MATERIALS ARE SOLD AT A FRACTION OF THE NORMAL PRICES WITH THE NET PROCEEDS GOING TO FUND THE OTHER ORGANIZATION'S PROGRAMS. MATERIALS SOLD BY THE RESTORE ARE PRIMARILY DONATED BY INDIVIDUALS TO SHOW THEIR SUPPORT OF HABITAT AND ARE RECOGNIZED AS GIFTS IN KIND. IN ADDITION TO RAISING FUNDS, THE RESTORE HELPS THE ENVIRONMENT BY REPURPOSING QUALITY MATERIALS INTO USE, INSTEAD OF INTO THE LANDFILL.


FINANCIAL OPPORTUNITY CENTER (FOC) - THIS PROGRAM PROVIDES COUNSELING, FINANCIAL COUNSELING AND EMPLOYMENT COACHING TO HELP INDIVIDUALS ACHIEVE THEIR GOALS. THESE GOALS CAN INCLUDE INCREASING INCOME, REDUCING EXPENSES, BUILDING CREDIT OR ACQUIRING ASSETS SUCH AS BECOMING ELIGIBLE TO QUALIFY FOR THE HOME OWNERSHIP PROGRAM. FOC SERVICES ARE AVAILABLE TO ANYONE, FREE OF CHARGE, AND REGARDLESS OF INCOME, SOCIOECONOMIC STATUS, CRIMINAL HISTORY, RECOVERY, ETC.. IN 2023 265+ CLIENTS WERE COUNSELED OR ARE CURRENTLY ENROLLED IN THE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Rhodes
President / Executive Committee
$0
Kelly Croy
Vice President / Executive Committee
$0
Dan Kendrick
Treasurer / Executive Committee
$0
Karl Heminger
Board Development/executive Committee
$0
Warren Long
Past Board President/executive Committee
$0
Bret Spaeth
Attorney / Executive Committee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$374,500
Related organizations$0
Government grants $76,150
All other contributions, gifts, grants, and similar amounts not included above$2,066,229
Noncash contributions included in lines 1a–1f $1,601,315
Total Revenue from Contributions, Gifts, Grants & Similar$2,516,879
Total Program Service Revenue$1,628,598
Investment income $37,839
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $500
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $29,451
Miscellaneous Revenue$0
Total Revenue $4,213,267

Peer Organizations

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Crf Affordable Housing Inc
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$22,065,905
Habitat For Humanity International Inc
Cincinnati, OH
$21,403,808
Taylor Community Development Corp
Taylor, MI
$15,218,096
Habitat For Humanity International Inc
Indianapolis, IN
$13,788,230
Buckeye Community Hope Foundation
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$13,131,030
Caracole Inc
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$12,508,692
Affordable Housing Partners Inc
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Community Action Agency Of Delaware County Inc
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$13,360,678
Famicos Foundation Inc
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Mht Housing Inc
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$61,326,212
Habitat For Humanity Of Metro Louisville Inc
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$11,012,266
Housing Partnership Inc
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$12,078,295
Avalon Nonprofit Housing Corp
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$9,644,768
Western Reserve Revitalization & Management Co
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$9,660,928
Excel Development Co Inc
Cincinnati, OH
$9,197,757
Habitat For Humanity International Inc
Philadelphia, PA
$8,309,601
Miami Valley Housing Opportunities Inc
Dayton, OH
$9,714,455
Pines Village Retirement Communities Inc
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$6,678,185
Habitat For Humanity East Central Ohio Inc
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$15,290,112
Saints Incorporated
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$9,329,711
National Affordable Housing Trust Inc
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$9,030,315
Habitat For Humanity Of Greater Fort Wayne Inc
Fort Wayne, IN
$8,768,853

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