Habitat For Humanity International Inc
- Assets
- $1.9m
- Revenue
- $828.3k
- Investments
- $0.0
- Employees
- 10
- Location
- Brighton, MI
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 38-3057319
Organization Overview
Habitat For Humanity International Inc is located in Brighton, 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 10 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 $828.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $817.7k during the year ending 06/2022. While expenses have increased by 11.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CONSTRUCTION & RENOVATION OF LOW COST HOUSING FOR THE BENEFIT OF INDIVIDUALS AND FAMILIES IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE CONSTRUCTION OF SINGLE FAMILY HOMES FOR SALE TO LOW-INCOME FAMILIES, FREE OF MORTGAGE INTEREST AND PROFIT.
PROVIDE MORTGAGE FINANCING TO LOW-INCOME HOMEOWNERS THAT HAVE PARTICIPATED IN CONSTRUCTION OF THEIR RESPECTIVE HOMES. ALSO, TO PROVIDE INFORMATION AND REFERRAL SERVICES ON BEHALF OF LOW-INCOME INDIVIDUALS SEEKING TO OBTAIN AFFORDABLE HOUSING.
TO MAINTAIN A RESALE STORE WHERE FAMILIES CAN PURCHASE SUPPLIES AT A LOW COST SO THEY MAY MAINTAIN AND REPAIR THEIR HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bellanti Director | Trustee | 4 | $0 |
Bruce Vandenberg Director | Trustee | 25 | $0 |
Harry Wagner President | OfficerTrustee | 16 | $0 |
Alexa Hofstra Treasurer | OfficerTrustee | 4 | $0 |
Cindy Dunleavy Director | Trustee | 1 | $0 |
Jake Andrews Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,583 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $62,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,218 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,701 |
| Total Program Service Revenue | $23,205 |
| Investment income | $1,100 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,473 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $604,077 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $828,298 |
| 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. | $91,417 |
| Compensation of current officers, directors, key employees. | $5,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $321,648 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,068 |
| Payroll taxes | $29,641 |
| 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 | $18,611 |
| Advertising and promotion | $14,533 |
| Office expenses | $36,231 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,228 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,336 |
| Interest | $18,613 |
| Payments to affiliates | $14,000 |
| Depreciation, depletion, and amortization | $21,427 |
| Insurance | $21,459 |
| All other expenses | $379 |
| Total functional expenses | $817,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,270 |
| Savings and temporary cash investments | $252,940 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,658 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $67,124 |
| Prepaid expenses and deferred charges | $19,755 |
| Net Land, buildings, and equipment | $821,307 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $293,223 |
| Intangible assets | $0 |
| Other assets | $389,598 |
| Total assets | $1,860,875 |
| Accounts payable and accrued expenses | $53,036 |
| Grants payable | $0 |
| Deferred revenue | $12,498 |
| 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 | $462,382 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,200 |
| Total liabilities | $540,116 |
| Net assets without donor restrictions | $1,310,961 |
| Net assets with donor restrictions | $9,798 |
| 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 | $1,860,875 |