Will County Habitat For Humanity Inc
- Assets
- $4.5m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 27
- Location
- Joliet, IL
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 36-3564555
Organization Overview
Will County Habitat For Humanity Inc is located in Joliet, IL. 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 06/2021, Will County Habitat For Humanity Inc employed 27 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Will County 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 06/2021, Will County Habitat For Humanity Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 11.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILD AND SELL AFFORDABLE HOMES TO QUALIFIED LOW INCOME FAMILIES IN THE WILL COUNTY AREA AND PROVIDE FUNDING FOR THESE HOMES WITH INTEREST FREE MORTGAGES AND A REPAYMENT TERM OF 20 TO 30 YEARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT PROVIDES HOUSING FOR ECONOMICALLY DISADVANTAGED INDIVIDUALS AND HOLDS MORTGAGES ON PROPERTIES THAT WERE PREVIOUSLY SOLD THROUGH THE PROGRAM.
HABITAT OPERATES A RESALE SHOP, CALLED RESTORE, WHERE CLIENTS CAN PURCHASE A VARIETY OF NEW OR GENTLY USED BUILDING MATERIALS AND FURNITURE. MANY OF THE ITEMS SOLD ARE DONATIONS FROM THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Murray Executive Director | Officer | 40 | $76,678 |
Tim Brophy Past President | OfficerTrustee | 1 | $0 |
Ashley Bechtold President | OfficerTrustee | 1 | $0 |
Samantha Bluemer Secretary | OfficerTrustee | 1 | $0 |
Scott Czerkies Director | Trustee | 1 | $0 |
Eugenie Checko Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $819,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $37,021 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,833,756 |
| Statement of Expenses | |
|---|---|
| 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. | $76,678 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $729,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $61,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $93,448 |
| 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 | $6,486 |
| Office expenses | $33,689 |
| Information technology | $12,133 |
| Royalties | $0 |
| Occupancy | $114,898 |
| Travel | $10,485 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,921 |
| Payments to affiliates | $10,000 |
| Depreciation, depletion, and amortization | $56,556 |
| Insurance | $171,868 |
| All other expenses | $0 |
| Total functional expenses | $2,525,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,099,677 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,077 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $584,045 |
| Inventories for sale or use | $964,069 |
| Prepaid expenses and deferred charges | $3,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,535,896 |
| Accounts payable and accrued expenses | $142,933 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $27,021 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,336,267 |
| Unsecured mortgages and notes payable | $183,054 |
| Other liabilities | $0 |
| Total liabilities | $1,689,275 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,846,621 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Will County Habitat For Humanity Inc has recieved totaling $475,034.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $224,820 |
Habitat For Humanity International Inc Chicago, IL PURPOSE: LOW COST HOUSING | $126,214 |
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: Housing | $99,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Habitat For Humanity International Inc Des Moines, IA | $24,118,438 | $12,529,342 |
Residential Options Inc Alton, IL | $11,785,898 | $11,284,358 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Oak Park Residence Corp Oak Park, IL | $43,726,959 | $10,429,189 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |