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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Stanton CEO | Officer | 40 | $196,268 |
Ron Thomas Cfo/coo | Officer | 40 | $159,264 |
Tim Neiman Treasurer | OfficerTrustee | 2 | $0 |
Robin M Campbell Vice Preside | OfficerTrustee | 2 | $0 |
Pradeep Balakrishnan President | OfficerTrustee | 2 | $0 |
Jeannette Jackson Secretary | OfficerTrustee | 2 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,032,775 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $513,169 |
Compensation of current officers, directors, key employees. | $132,087 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,112,066 |
Pension plan accruals and contributions | $96,509 |
Other employee benefits | $276,777 |
Payroll taxes | $209,404 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,101 |
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 | $97,179 |
Advertising and promotion | $14,325 |
Office expenses | $36,445 |
Information technology | $102,798 |
Royalties | $0 |
Occupancy | $246,489 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,322 |
Interest | $67,200 |
Payments to affiliates | $40,500 |
Depreciation, depletion, and amortization | $88,206 |
Insurance | $67,601 |
All other expenses | $154,095 |
Total functional expenses | $7,329,521 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $436,477 |
Savings and temporary cash investments | $2,334,427 |
Pledges and grants receivable | $177,716 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $2,097,017 |
Inventories for sale or use | $1,987,970 |
Prepaid expenses and deferred charges | $43,736 |
Net Land, buildings, and equipment | $239,227 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $83,051 |
Other assets | $3,610,110 |
Total assets | $11,009,731 |
Accounts payable and accrued expenses | $406,826 |
Grants payable | $0 |
Deferred revenue | $84,418 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $5,237 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $3,946,043 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $649,675 |
Total liabilities | $5,092,199 |
Net assets without donor restrictions | $5,400,300 |
Net assets with donor restrictions | $517,232 |
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 | $11,009,731 |
Over the last fiscal year, we have identified 7 grants that Habitat For Humanity International Inc has recieved totaling $391,502.
Awarding Organization | Amount |
---|---|
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 |
Organization Name | Assets | Revenue |
---|---|---|
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |
Buckeye Community Hope Foundation Columbus, OH | $50,429,521 | $11,276,532 |
Caracole Inc Cincinnati, OH | $7,131,053 | $11,567,326 |
Taylor Community Development Corp Taylor, MI | $29,334,174 | $14,242,807 |
Habitat For Humanity International Inc Indianapolis, IN | $27,221,776 | $14,208,425 |
Western Reserve Revitalization & Management Co Cleveland, OH | $81,496,475 | $17,708,509 |
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Famicos Foundation Inc Cleveland, OH | $56,363,268 | $13,331,115 |
Mht Housing Inc Bingham Farms, MI | $103,750,395 | $19,352,676 |