Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in St Paul, MN. 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 213 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 $44.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $27.8m during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE, PRESERVE, AND PROMOTE AFFORDABLE HOMEOWNERSHIP AND ADVANCE RACIAL EQUITY IN HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREATING HOMEOWNERSHIP: LOW- AND MODERATE-INCOME TWIN CITIES FAMILIES PARTNER WITH TWIN CITIES HABITAT FOR HUMANITY TO ACHIEVE STABLE, AFFORDABLE HOMEOWNERSHIP. CLIENTS ARE SET UP FOR LONG-TERM SUCCESS THROUGH ONE-ON-ONE FINANCIAL COACHING, TRAINING COURSES, POST-PURCHASE SUPPORT, AND AN AFFORDABLE MORTGAGE THROUGH A SUBSIDIARY BUSINESS, TCHFH LENDING, INC. PHILANTHROPIC DONATIONS AND OTHER SUPPORT ENSURE THE MORTGAGE IS AFFORDABLE FOR THE HOMEBUYER. TCHFH WORKS WITH FAMILIES OF ALL BACKGROUNDS AND HAS TARGETED OUTREACH AND MARKETING EFFORTS TO REACH COMMUNITIES OF COLOR, PARTICULARLY BLACK HOUSEHOLDS. MORE THAN 1,600 FAMILIES HAVE PURCHASED HOMES SINCE 1985. IN FY2022, 387 FAMILIES PARTICIPATED IN THIS PROGRAM INCLUDING 89 FAMILIES WHO ACHIEVED HOMEOWNERSHIP, 84 HOUSEHOLDS WHO GRADUATED FROM FINANCIAL COACHING, AND 129 HOUSEHOLDS WHO COMPLETED HOMEBUYER EDUCATION. THE ANNUAL FORECLOSURE RATE IS UNDER 1% THANKS TO DILIGENT WORK IN PREPARING FAMILIES AND PROVIDING POST-PURCHASE SUPPORT.


FINANCING HOMEOWNERSHIP: LONG-TERM MORTGAGE FINANCING IS THE KEY COMPONENT THAT MAKES TCHFH HOMES AFFORDABLE. HOMES ARE SOLD TO LOCAL LOW- AND MODERATE-INCOME FAMILIES. ALL HOMEBUYERS HAVE THE OPPORTUNITY TO ACCESS AN AFFORDABLE MORTGAGE THROUGH A TCHFH SUBSIDIARY BUSINESS, TCHFH LENDING, INC. THE MORTGAGE ENSURES HOUSEHOLDS PAY NO MORE THAN 30% OF THEIR MONTHLY INCOME TOWARD HOUSING COSTS. IN FY2022, 84 HOUSEHOLDS ACCESSED A MORTGAGE THROUGH TCHFH LENDING, INC.


COMMUNITY ENGAGEMENT: TCHFH BRINGS TOGETHER A BROAD RANGE OF COMMUNITY VOLUNTEERS, SUPPORTERS, ADVOCATES, AND PARTNERS TO HELP CREATE, PRESERVE, AND PROMOTE AFFORDABLE HOMEOWNERSHIP. IN FY2022 ABOUT 6,600 VOLUNTEERS GAVE A TOTAL OF 103,366 HOURS ON HABITAT BUILD SITES, HOME REPAIR PROJECTS, AT RESTORE OUTLETS, FOR ADVOCACY EFFORTS, AND MORE (THIS NUMBER IS LOWER THAN USUAL DUE TO COVID-19). ADDITIONALLY, 54 AMERICORPS MEMBERS SERVED MORE THAN 23,000 HOURS TO ADVANCE THE MISSION.


OTHER PROGRAM SERVICES: PRESERVING HOMEOWNERSHIP FOCUSES ON HELPING EXISTING HOMEOWNERS REMAIN IN THEIR HOMES. A BRUSH WITH KINDNESS PROVIDES PAINTING AND HOME REPAIR SERVICES TO QUALIFYING LOW-INCOME HOMEOWNERS STRUGGLING TO MAINTAIN THEIR HOMES. PRIORITY IS GIVEN TO AGING HOMEOWNERS, VETERANS, THOSE WITH DISABILITIES, AND SINGLE PARENTS. A BRUSH WITH KINDNESS PARTNERED WITH 28 LOCAL HOMEOWNERS IN FY2022. MORE THAN 2,100 PAINT AND REPAIR PROJECTS HAVE BEEN COMPLETED SINCE A BRUSH WITH KINDNESS WAS STARTED IN 1998. TCHFH ALSO PRESERVES HOMEOWNERSHIP THROUGH A MORTGAGE FORECLOSURE PREVENTION PROGRAM. THE PROGRAM SERVES HOMEOWNERS FACING FORECLOSURE BY PROVIDING FREE FINANCIAL REVIEWS AND REFERRALS. IT PUTS HOMEOWNERS ON A PATH TOWARD HOUSING AND FINANCIAL STABILITY. MORE THAN 150 CLIENTS RECEIVED MORTGAGE FORECLOSURE COUNSELING THROUGH THIS PROGRAM IN FY2022. IN RESPONSE TO THE HEALTH AND ECONOMIC CRISES BROUGHT BY COVID-19, TCHFH INTRODUCED NEW MORTGAGE RELIEF OPTIONS FOR HABITAT HOMEOWNERS. THE OPTIONS ARE AN EXTENSION OF OUR USUAL POST-PURCHASE SUPPORT AND MORTGAGE PREVENTION SERVICES. HABITAT HOMEOWERS FACING HARDSHIP DUE TO COVID-19 CAN PLACE THEIR MORTGAGE PAYMENTS INTO A BRIEF DEFERRMENT WITHOUT ADDITIONAL INTEREST, FEES, OR IMPACT ON THEIR CREDIT SUPPORT.


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)Compensation
Christopher Coleman
President & CEO
$315,963
Cathy Lawrence
Chief Development Officer
$199,868
Joe Khawaja
CFO
$174,429
Robyn Bipes-Timm
Chief Strategy Officer
$170,577
Chad Bouley
Cro
$151,728
Shereese Turner
Chief Program Officer
$142,785

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Greystone Masonry Llc
Construction Work
$335,201
One Call Contracting Inc
Construction Work
$178,429
State Of Minnesota Department Of Correct
Construction Work
$178,291
Krech Exteriors Inc
Construction Work
$171,535
Schneider Excavating & Grading Inc
Construction Work
$250,538
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$857,887
Related organizations$0
Government grants $4,765,510
All other contributions, gifts, grants, and similar amounts not included above$25,304,907
Noncash contributions included in lines 1a–1f $747,763
Total Revenue from Contributions, Gifts, Grants & Similar$30,928,304
Total Program Service Revenue$12,138,183
Investment income $41,284
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$6,352
Net Gain/Loss on Asset Sales $597,637
Net Income from Fundraising Events -$305,317
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $540,798
Miscellaneous Revenue$0
Total Revenue $44,081,313

Grants Recieved

Over the last fiscal year, we have identified 30 grants that Habitat For Humanity International Inc has recieved totaling $3,822,576.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$1,688,516
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$278,696
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$278,696
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES

$267,231
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$250,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$136,777
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,582,991
Earnings-$208,407
Ending Balance$1,374,584

Peer Organizations

Create an account to unlock the data you need.

or