Saginaw-Shiawassee Habitat For Humanity
- Assets
- $4.9m
- Revenue
- $1.8m
- Investments
- $609.2k
- Employees
- 25
- Location
- Saginaw, MI
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 38-2739180
Organization Overview
Saginaw-Shiawassee Habitat For Humanity is located in Saginaw, MI. The organization was established in 1987. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Saginaw-Shiawassee Habitat For Humanity employed 25 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Saginaw-Shiawassee Habitat For Humanity 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, Saginaw-Shiawassee Habitat For Humanity generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 0.3% 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
SEEKING TO PUT GOD'S LOVE INTO ACTION, SAGINAW-SHIAWASSEE HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE, INCLUDING CONSTRUCTION, REHABILITATION, AND REPAIR OF MODEST BUT ADEQUATE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP PROGRAM: SAGINAW-SHIAWASSEE HABITAT FOR HUMANITY BUILDS AND REHABS HOMES IN PARTNERSHIP WITH FAMILIES IN NEED OF A DECENT, SAFE, AFFORDABLE ENERGY-EFFICIENT PLACE TO LIVE. SAGINAW-SHIAWASSEE HABITAT FOR HUMANITYMAKES HOUSING AFFORDABLE BY USING THE LABOR OF VOLUNTEERS, PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS AND, WHEN POSSIBLE,DONATED CONSTRUCTION MATERAILS AND APPLIANCES. AFFORDABLE HOMEOWNERSHIPCAN FREE FAMILIES FROM INSTABILITY, FINANCIAL STRESS, AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. OWNING AFFORDABLE HOMES ALLOWS HOMEOWNERS TO LIFTTHEIR ENTIRE FAMILIES, GENERATING THE FOLLOWING FOR MANY FAMILIES:FINANCIAL SAVINGS FOR THEIR FUTURE BY BUILDING EQUITY AND FINANCIAL SKILLS,IMPROVED EDUCATIONAL RESULTS AFFORDED BY RESIDENTIAL STABILITY, AND BETTERPAYING JOBS MADE POSSIBLE BY IMPROVED TRANSPORTATION OPTIONS DUE TO LOWER HOUSING COSTS.
HOME PRESERVATION PROGRAM: OUR HOME PRESERVATION PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW- INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY, OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNIGTY. THIS PROGRAM ALLOWS FAMILES TO STAY IN THEIR HOMES AND AVOID THE UNCERTAINTY, TRAUMA, AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE, AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEM WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF SAGINAW-SHIAWASSEE HABITAT FOR HUMANITY STAFF MEMBERS TO COMPLETE THE REPAIRS.
RESTORE - TWO RESTORE LOCATIONS OFFER NEW AND USED HOME GOODS AND BUILDING MATERIALS AT A REDUCED RATE FOR SALE TO THE PUBLIC. THE PROGRAM PROVIDES ASSISTANCE TO THE GENERAL PUBLIC AND RECYCLES GOODS DESTINED FOR LANDFILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Mora Executive Di | Officer | 40 | $51,428 |
Lorisa Bellinger Secretary | OfficerTrustee | 2 | $0 |
Sheilda Braddock Vice-Preside | OfficerTrustee | 2 | $0 |
Pamela Drake Director | Trustee | 2 | $0 |
Jamie Forbes Treasurer | OfficerTrustee | 2 | $0 |
Ann Gamboe Hall President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $38,964 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $702,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $298,376 |
| Noncash contributions included in lines 1a–1f | $26,501 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,040,040 |
| Total Program Service Revenue | $661,286 |
| Investment income | $222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $76,804 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,783,787 |
| 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. | $51,428 |
| Compensation of current officers, directors, key employees. | $28,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $571,021 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,685 |
| Payroll taxes | $44,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,335 |
| Fees for services: Accounting | $10,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,696 |
| Office expenses | $6,448 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,053 |
| Travel | $6,504 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,868 |
| Interest | $4,041 |
| Payments to affiliates | $15,000 |
| Depreciation, depletion, and amortization | $51,352 |
| Insurance | $71,724 |
| All other expenses | $47,651 |
| Total functional expenses | $1,180,758 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $888,752 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $656,725 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,982,217 |
| Prepaid expenses and deferred charges | $41,675 |
| Net Land, buildings, and equipment | $587,135 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $609,175 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,804 |
| Total assets | $4,883,483 |
| Accounts payable and accrued expenses | $156,529 |
| Grants payable | $0 |
| Deferred revenue | $50,096 |
| 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 | $142,664 |
| Unsecured mortgages and notes payable | $92,415 |
| Other liabilities | $0 |
| Total liabilities | $441,704 |
| Net assets without donor restrictions | $3,985,424 |
| Net assets with donor restrictions | $456,355 |
| 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 | $4,883,483 |