Habitat For Humanity International Inc
- Assets
- $3.4m
- Revenue
- $645.7k
- Investments
- $0.0
- Employees
- 8
- Location
- Benton Harbor, MI
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 38-3258418
Organization Overview
Habitat For Humanity International Inc is located in Benton Harbor, 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 8 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 $645.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $572.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 6 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
HARBOR HABITAT FOR HUMANITY IS A CHRISTIAN NON-PROFIT HOUSING ORGANIZATION THAT SEEKS TO ELIMINATE INADEQUATE HOUSING IN BENTON HARBOR AND BENTON CHARTER TOWNSHIP BY ENGAGING THE COMMUNITY AND PARTNERING WITH FAMILIES TO PROVIDE THEM WITH A DECENT PLACE TO LIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION: HARBOR HABITAT FOR HUMANITY, INC. HAS PARTNERED WITH FAMILIES AND THE COMMUNITY TO COMPLETE THE BUILDING OF OVER 100 DECENT, SIMPLE, SAFE, AFFORDABLE, AND NEW HOME SINCE ITS FOUNDING IN 1995. APPROX. 2,000 CONSTRUCTION VOLUNTEERS ASSIST IN THE BUILDING OF THESE HOMES EACH YEAR. THE AFFILIATE ALSO TITHES 10% OF UNRESTRICTED FUNDS YEARLY TO HABITAT INTERNATIONAL. THESE FUNDS ARE USED TO CONSTRUCT HOMES IN ECONOMICALLY DPRESSED AREAS AROUND THE WORLD. IN ADDITION TO THE CONSTRUCTION OF NEW HOMES, THE AFFILIATE ALSO HAS A BRUSH FOR KINDNESS PROGRAM WHICH STARTED IN 2006. THIS PROGRAM ASSISTS CURRENT NON-HABITAT HOMEOWNERS IN THE NEIGHBORHOODS WHERE NEW HOMES ARE BEING BUILT WITH MINOR REPAIRS (PRIMARILY PAINTING AND LANDSCAPE).
FAMILY SERVICES: HABITAT'S FAMILY SERVICES PHILOSOPHY IS BASED ON THE PRINCIPLE OF "A HAND- UP, NOT HAND-OUT" IN ORDER TO BECOME LONG-TERM SUCCESSFUL HOMEOWNERS. FAMILIES ARE SELECTED TO PARTNER WITH THE ORGANIZATION BASED ON THREE CRITERIA 1.) NEED - THEIR CURRENT HOUSING IS INADEQUATE, UNSAFE, OVERCROWDED AND/OR UNAFFORDABLE 2.) ABILITY TO PAY - TOTAL HOUSEHOLD INCOME MUST BE BETWEEN 30% & 80% IF THE AREA MEDIAN INCOME 3.) WILLINGNESS TO PARTNER WITH HARBOR HABITAT
HARBOR HABITAT FOR HUMANITY, INC. OPERATED A RETAIL HARDWARE STORE (THE "RESTORE") WITH SALES TO THE GENERAL PUBLIC. INVENTORY IS PRIMARILY DONATED, WITH SALE PROCEEDS USED TO CARRY OUT THE ORGANIZATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Hudson Executive Di | Officer | 50 | $0 |
Jude Murray President | OfficerTrustee | 5 | $0 |
Jeff Mcclelland Vice Preside | OfficerTrustee | 5 | $0 |
Mike Carlson Treasurer | OfficerTrustee | 5 | $0 |
Don Crouch Member At-La | Trustee | 5 | $0 |
Lue Williams Member At-La | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $227,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,696 |
| Total Program Service Revenue | $302,992 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $645,688 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $146,897 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $200 |
| Payroll taxes | $49,482 |
| Fees for services: Management | $5,513 |
| Fees for services: Legal | $12,884 |
| Fees for services: Accounting | $25,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $160,847 |
| Advertising and promotion | $2,693 |
| Office expenses | $70,766 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,072 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $91,985 |
| All other expenses | $0 |
| Total functional expenses | $572,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $234,529 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $290,527 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $704,402 |
| Prepaid expenses and deferred charges | $17,339 |
| Net Land, buildings, and equipment | $719,241 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,481,799 |
| Total assets | $3,447,837 |
| Accounts payable and accrued expenses | $13,820 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $164,814 |
| 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 | $7,589 |
| Total liabilities | $186,223 |
| Net assets without donor restrictions | $2,318,476 |
| Net assets with donor restrictions | $943,138 |
| 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 | $3,447,837 |