Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Ann Arbor, 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 06/2022, Habitat For Humanity International Inc employed 49 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 $7.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $7.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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

HABITAT FOR HUMANITY OF HURON VALLEY EXISTS TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS IN THE GREATER WASHTENAW COUNTY AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESTORE - THE RESTORE IS A RETAIL STORE OPERATED BY HHHV. THE STORE ACCEPTS DONATIONS FROM INDIVIDUALS AND BUSINESSES OF NEW AND GENTLY USED BUILDING MATERIALS, TOOLS, FURNITURE AND APPLIANCES. THESE ITEMS ARE SOLD TO THE PUBLIC AT 50-75% OFF RETAIL PRICE. THE RESTORE PROFIT IS INVESTED BACK INTO THE HHHV PROGRAMS. THE RESTORE PROVIDES OUR COMMUNITY WITH HIGH QUALITY MATERIALS AND PRODUCTS AT REASONABLE PRICES TO IMPROVE AND FURNISH EXISTING HOMES. THE RESTORE RECYCLES MATERIALS, REDUCES RESOURCES CONSUMED, AND DIVERTS MANY TONS OF MATERIAL FROM LANDFILLS EACH YEAR.


HOME CONSTRUCTION: HOME OWNERSHIP PROGRAM (HOP) - HHHV PARTNERS WITH FAMILIES TO BUILD A NEW LIFE FOR THEMSELVES THROUGH DECENT, AFFORDABLE HOMEOWNERSHIP. WE RENOVATE EXISTING UNDERUTILIZED HOUSES WITH COMMUNITY PARTNERS AND SPONSORS. WE TURN THE HOUSES INTO HOMES AND ASSIST THE PARTNER FAMILY IN OBTAINING AN AFFORDABLE MORTGAGE. NEWLY RENOVATED, ENERGY- EFFICIENT HABITAT HOMES ARE SOLD TO INDIVIDUALS AND FAMILIES WHO QUALIFY AND ARE APPROVED FOR OUR PROGRAM. THOSE WHO PARTNER WITH HABITAT ARE COMMUNITY-MINDED RESIDENTS WHO ARE LOOKING FOR THE STABILITY OF HOMEOWNERSHIP. HHHV ALSO WORKS CLOSELY WITH OUR FAMILIES BY OFFERING CLASSES THAT WILL PREPARE THEM TO BE SUCCESSFUL HOMEOWNERS. ULTIMATELY, WE BUILD MUCH MORE THAN HOUSES - THE IMPACT OF HOMEOWNERSHIP IS PROFOUND AND LASTING. HHHV HAS PROVIDED OVER 270 HOMES TO NEW OWNERS UNDER THIS PROGRAM


HOME CONSTRUCTION: HOME IMPROVEMENT PROGRAM (HIP) - THE HOME IMPROVEMENT PROGRAM FURTHERS HHHV'S MISSION OF SUPPORTING AFFORDABLE HOME OWNERSHIP. THE PROGRAM INCLUDES ALL HHHV PROJECTS FOR FAMILIES WHO DO NOT RECEIVE A NEW MORTGAGE. HIP INCLUDES ROOF REPLACEMENTS, WEATHERIZATION PROJECTS, CRITICAL REPAIR PROJECTS, EXTERIOR IMPROVEMENTS, REFRIGERATOR REPLACEMENTS AS WELL AS FURNACE TESTING AND REPLACEMENT. THERE ARE A LARGE NUMBER OF HOMES THAT ARE IN NEED OF ROOF REPLACEMENT IN THE COMMUNITY - WHERE THE COST OF REPLACEMENT IS BEYOND THE REACH OF MANY FAMILIES. WITHOUT A NEW ROOF THESE FAMILIES' HOMES WILL CONTINUE TO DETERIORATE AND WOULD EVENTUALLY BECOME UNLIVABLE. IN ADDITION, HOMES THAT ARE INSUFFICIENTLY INSULATED OR HAVE OUTDATED HEATING EQUIPMENT ARE OFTEN A FINANCIAL BURDEN TO THEIR HOMEOWNERS AND CAN POTENTIALLY BE UNSAFE. HHHV'S HIP AIMS TO ALLEVIATE THIS PRESSURE ON LOW-INCOME RESIDENTS BY MAKING HOMES MORE ENERGY EFFICIENT. THROUGH THESE ENERGY EFFICIENCY UPGRADES, HHHV CAN HELP FAMILIES SAVE ON THEIR MONTHLY UTILITY BILLS AS WELL AS REDUCE THEIR IMPACT ON THE ENVIRONMENT TO CREATE A MORE SUSTAINABLE COMMUNITY. SINCE 2013, THE HHHV HIP HAS SERVED 1,152 FAMILIES COUNTY-WIDE WITH SUBSTANTIAL PROJECTS INCLUDING VETERAN REPAIRS, WEATHERIZATION WORK, INSULATION, AND/OR FURNACE REPLACEMENTS. THESE PROJECTS HAVE HELPED MANY FAMILIES SAVE AN AVERAGE OF 500 PER YEAR IN UTILITY COSTS. DURING THE SAME PERIOD, HHHV HAS ALSO WORKED WITH AN ADDITIONAL 7,483 FAMILIES WITH SMALLER PROJECTS INCLUDING FURNACE TUNE-UPS, NEW REFRIGERATORS, AND EXTERIOR HOME IMPROVEMENTS.


COMMUNITY DEVELOPMENT - OUR COMMUNITY DEVELOPMENT ACTIVITIES INCLUDE EVENTS IN WHICH HHHV HELPS CREATE A BENEFIT FOR AN ENTIRE NEIGHBORHOOD. ACTIVITIES INCLUDE NEIGHBORHOOD ASSOCIATION MEETINGS, COMMUNITY PLANNING MEETINGS, DOOR-TO-DOOR SURVEYS, SUPPORTING RESIDENT-LED ACTION TEAMS, NEIGHBORHOOD BEAUTIFICATION DAYS, NEIGHBORHOOD PICNICS, ENHANCING COMMUNITY AMENITIES, AND NEIGHBORHOOD SCHOOL EVENTS. IN PARTICULAR, HHHV IS CURRENTLY PARTNERING WITH RESIDENTS IN GAULT VILLAGE, WEST WILLOW, AND SUGARBROOK TO MAKE THEIR COMMUNITIES EVEN BETTER PLACES TO LIVE AND WORK. WHILE WE HAVE RENOVATED MORE THAN 57 HOMES IN THESE NEIGHBORHOODS, WE ALSO PROVIDE SUPPORT FOR COMMUNITY PLANNING AND ORGANIZATION WORK TO ENHANCE THE POSITIVE IMPACT OF ALL OF OUR PROGRAMS. WE OFFER THESE PROGRAMS AND ACTIVITIES IN ORDER TO BRING POSITIVE CHANGE TO NEIGHBORHOODS, MAKING THEM MORE ECONOMICALLY STABLE AND IMPROVING THE QUALITY OF LIFE FOR RESIDENTS. HABITAT EDUCATION PROGRAM - WE ARE A HUD-APPROVED HOUSING COUNSELING AGENCY THAT WORKS WITH INDIVIDUALS TO PREPARE THEM FOR HOMEOWNERSHIP, AND TO IMPROVE AND MEET THEIR FINANCIAL GOALS. OUR HABITAT EDUCATION PROGRAM OFFERS FREE ONE-ON-ONE HOUSING AND FINANCIAL COUNSELING AND GROUP MONEY MANAGEMENT, HOMEBUYER EDUCATION, HOME MAINTENANCE, AND POST-PURCHASE WORKSHOPS. ALL COUNSELING AND EDUCATION SERVICES ARE AVAILABLE AND OPEN TO THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Sarah Stanton
CEO
$196,268
Ron Thomas
Cfo/coo
$159,264
Tim Neiman
Treasurer
$0
Robin M Campbell
Vice Preside
$0
Pradeep Balakrishnan
President
$0
Jeannette Jackson
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$92,349
Related organizations$0
Government grants $666,540
All other contributions, gifts, grants, and similar amounts not included above$3,679,734
Noncash contributions included in lines 1a–1f $235,205
Total Revenue from Contributions, Gifts, Grants & Similar$4,438,623
Total Program Service Revenue$3,027,808
Investment income $36,875
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$12,533
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,460,340

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Habitat For Humanity International Inc has recieved totaling $391,502.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$325,297
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$13,950
National Community Reinvestment Coalition Inc

Washington, DC

PURPOSE: HOUSING COUNSELING SERVICES

$12,980
Thrivent Financial For Lutherans

Minneapolis, MN

PURPOSE: General Support

$12,658
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$8,807
View Grant Recipient Profile

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