Habitat For Humanity International Inc is located in Kalamazoo, MI. 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 06/2023, Habitat For Humanity International Inc employed 30 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 06/2023, Habitat For Humanity International Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. While expenses have increased by 5.1% 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
ACQUIRING LAND AND HOMES FOR THE PURPOSE OF BUILDING NEW HOMES, AND RENOVATING EXISTING HOMES TO SELL TO VERY LOW INCOME FAMILIES UNDER INTEREST FREE LAND CONTRACTS OR MORTGAGES. THE HOMES ARE LOCATED IN URBAN AREAS OF KALAMAZOO COUNTY, WHICH ARE GENERALLY CONSIDERED TO BE ECONOMICALLY DEPRESSED. HABITAT'S SUPPORT COMES PRIMARILY FROM THE SALE OF HOMES, VARIOUS GOVERNMENT GRANTS AND CONTRIBUTIONS FROM INDIVIDUAL DONORS AND VARIOUS ORGANIZATIONS. KALAMAZOO VALLEY HABITAT FOR HUMANITY HAS IMPLEMENTED A HOME REPAIR PROGRAM, TO HELP MEET THE CHANGING NEEDS OF THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION - BUILD, RENOVATES OR REPAIRS HOMES FOR LOW INCOME KALAMAZOO COUNTY RESIDENTS. THIS IS ACCOMPLISHED THROUGH A COMBINATION OF VOLUNTEER AND PAID STAFF AS WELL AS PROFESSIONAL AND CONTRACTED LABOR. KALAMAZOO VALLEY HABITAT OVERSEES THE ENTIRE HOME BUILDING PROCESS; LAND ACQUISITION; SITE PLANNING, HOME DESIGN, PULLING PERMITS, UTILITY HOOK-UPS, CONSTRUCTION, LANDSCAPING AND SERVING AS GENERAL CONTRACTOR WITH SUB- CONTRACTORS.
VOLUNTEER DEVELOPMENT - ENABLES HABITAT TO FULFILL THEIR TWO FOLD VISION TO MAKE SIMPLE, DECENT, AFFORDABLE HOUSING AVAILABLE AND TO TRANSFORM LIVES AND OUR COMMUNITY. UTILIZING VOLUNTEER LABOR AND RESOURCES SIGNIFICANTLY LOWERS THE COST OF HOME CONSTRUCTION. YET, MOST IMPORTANTLY, THROUGH THE ACT OF WORKING IN PARTNERSHIP WITH VOLUNTEERS AND HOMEBUYERS, WE EMPOWER INDIVIDUALS AND FAMILIES TO ENGAGE THEMSELVES IN THEIR COMMUNITY AND TO IMPACT THE LIVES OF THEIR NEIGHBORS THROUGH SERVICE AND ADVOCACY. FAMILY SERVICE - HAS TWO MAJOR SETS OF ACTIVITY. THE FIRST ACTIVITY IS THE RECRUITMENT AND SELECTION OF HABITAT PARTNER FAMILIES. THIS IS A COMPLICATED PROCESS INVOLVING COMMUNITY EDUCATION EVENTS, PARTNER RECRUITMENT SESSIONS, SCREENING MANY APPLICANTS WITH THE GOAL OF SERVING 12 - 15 PARTNER FAMILIES PER YEAR (DEPENDING ON ELIGIBILITY OF APPLICANTS). THE SECOND MAJOR SET OF ACTIVITIES IS FAMILY SUPPORT. THIS INVOLVES THREE STAGES: 1.STRENGTHENING THE PARTNER RELATIONSHIP BETWEEN THE HABITAT PARTNER AND THE AFFILIATE. 2.SUPPORTING THE PARTNER FAMILY WITH INFORMATION AND TRAINING THROUGH THEIR HOMEBUILDING AND SWEAT EQUITY PROCESS. 3.PREPARING THE PARTNER FAMILY FOR A SUCCESSFUL TRANSITION FROM RENTER TO OWNER (TRAINING, SKILL DEVELOPMENT, ATTITUDE AND RESPONSIBILITY).
MORTGAGE SERVICES - ALL KALAMAZOO VALLEY HABITAT PROPERTIES ARE SOLD TO OUR FAMILY PARTNERS USING A MORTGAGE NOTE AND DEED WHICH ARE PREPARED BY HABITAT FOR HUMANITY MICHIGAN. KALAMAZOO VALLEY HABITAT IS THE LIEN HOLDER FOR ALL ITS MORTGAGES. THE MORTGAGES ARE HELD "IN HOUSE- AND TITLE INSURANCE IS PROVIDED FOR ALL THE PROPERTIES SOLD. HABITAT FOR HUMANITY MICHIGAN SERVICES AND COLLECTS ALL THE PAYMENTS, WITH PROCEEDS RETURNING TO KALAMAZOO VALLEY HABITAT, REINVESTING INTO OTHER HOME PROJECTS.
RESTORE - SELLS NEW AND USED OVERSTOCK AND DISCONTINUED BUILDING AND HOME IMPROVEMENT MATERIALS DONATED BY MANUFACTURERS, STORES, CONTRACTORS AND INDIVIDUALS. THESE DONATED ITEMS ARE SOLD TO THE PUBLIC OR USED IN THE CONSTRUCTION OF HOMES. PROFITS ARE USED TO SUPPORT HOUSING SOLUTIONS FOR LOW INCOME FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Oakleaf Past Exec. D | Officer | 40 | $86,140 |
Scott Steven Chu Board Member | Trustee | 2 | $0 |
Lisa Carriveau President | OfficerTrustee | 2 | $0 |
Renita Ellis Secretary | OfficerTrustee | 2 | $0 |
Brendan Gauthier Board Member | Trustee | 2 | $0 |
Ross Keilen Vice Preside | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $553 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $463,009 |
Noncash contributions included in lines 1a–1f | $4,200 |
Total Revenue from Contributions, Gifts, Grants & Similar | $463,562 |
Total Program Service Revenue | $1,341,074 |
Investment income | $43,191 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,526 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,915,376 |
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. | $90,003 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $642,907 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $117,506 |
Payroll taxes | $55,987 |
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 | $111,841 |
Advertising and promotion | $11,899 |
Office expenses | $21,937 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $386,261 |
Travel | $110 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,305 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47,379 |
Insurance | $36,112 |
All other expenses | $61,854 |
Total functional expenses | $2,579,901 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $103,446 |
Savings and temporary cash investments | $102,750 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $38,380 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,084,613 |
Inventories for sale or use | $4,956 |
Prepaid expenses and deferred charges | $29,788 |
Net Land, buildings, and equipment | $648,714 |
Investments—publicly traded securities | $1,531,177 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $784,354 |
Total assets | $4,328,178 |
Accounts payable and accrued expenses | $88,628 |
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 | $0 |
Other liabilities | $342,457 |
Total liabilities | $431,085 |
Net assets without donor restrictions | $3,837,247 |
Net assets with donor restrictions | $59,846 |
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 | $4,328,178 |