Habitat For Humanity International Inc
- Assets
- $16.2m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 50
- Location
- Madison, WI
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 39-1592769
Organization Overview
Habitat For Humanity International Inc is located in Madison, WI. 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 50 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 $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $8.3m during the year ending 06/2022. While expenses have increased by 7.2% 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
HABITAT FOR HUMANITY OF DANE COUNTY BUILDS AFFORDABLE, SIMPLE AND DECENT HOMES FOR LOW-TO-MODERATE INCOME FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR 35 YEARS, FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOMES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FO THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING ZERO PERCENT OR BELOW MARKET RATE LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS-INSTEAD OF HINDERS-HEALTH AND SAFETY FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. HABITAT FOR HUMANITY OF DANE COUNTY HAS BUILT AND SOLD HOMES TO 328 WORKING, LOW-INCOME FAMILIES. NEXT YEAR, ANOTHER 11 AFFORDABLE HOMES WILL BE BUILT FOR DESERVING, COMMITTED FAMILIES.
HABITAT RESTORES ARE NONPROFIT HOME IMPROVEMENT STORES AND DONATION CENTERS THAT SELL NEW AND GENTLY USED FURNITURE, HOME GOODS, BUILDING MATERIALS AND APPLIANCES AT A FRACTION OF THE RETAIL PRICE. THE HABITAT RESTORE HELPS HABITAT FOR HUMANITY OF DANE COUNTY FUND THE CONSTRUCTION, REHABILITATION OR REPAIR OF AFFORDABLE HOUSING LOCALLY IN DANE COUNTY. THE PROCEEDS BENEFIT HABITAT'S LARGER MISSION OF BUILDING HOMES, COMMUNITIES AND HOPE. THE HABITAT RESTORES ARE LOCATED ON MADISON' EASTSIDE AT 4207 MONONA DRIVE AND MADISON'S WESTSIDE AT 5906 ODANA ROAD. SINCE 2001, SALES FROM THE HABITAT RESTORES HAVE PROVIDED ENOUGH INCOME TO BUILD 65 HABITAT HOMES IN DANE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie J Renk Ceo/staff Liason | Officer | 40 | $119,608 |
Steve Hanrahan Chief Operating Officer | Officer | 40 | $87,333 |
Amy Cralam Chair | OfficerTrustee | 2 | $0 |
Tom Dorn Secretary | OfficerTrustee | 2 | $0 |
Josh Reiter Vice Chair | OfficerTrustee | 2 | $0 |
Trisha Kalscheur Governance | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $84,529 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $853,605 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,373,585 |
| Noncash contributions included in lines 1a–1f | $2,072,860 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,311,719 |
| Total Program Service Revenue | $3,942,925 |
| Investment income | $31,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,414 |
| Net Income from Fundraising Events | $24,473 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $74,583 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,401,610 |
| 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. | $210,051 |
| Compensation of current officers, directors, key employees. | $59,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,404,454 |
| Pension plan accruals and contributions | $29,469 |
| Other employee benefits | $229,387 |
| Payroll taxes | $132,272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $202 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,915 |
| Fees for services: Other | $46,399 |
| Advertising and promotion | $209,260 |
| Office expenses | $83,739 |
| Information technology | $40,758 |
| Royalties | $0 |
| Occupancy | $573,967 |
| Travel | $14,361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,947 |
| Interest | $41,530 |
| Payments to affiliates | $45,000 |
| Depreciation, depletion, and amortization | $111,382 |
| Insurance | $0 |
| All other expenses | $118,852 |
| Total functional expenses | $8,305,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $553,589 |
| Savings and temporary cash investments | $633,824 |
| Pledges and grants receivable | $242,868 |
| Accounts receivable, net | $42,710 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $264,175 |
| Prepaid expenses and deferred charges | $85,799 |
| Net Land, buildings, and equipment | $1,981,946 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $6,727,143 |
| Intangible assets | $96,529 |
| Other assets | $5,582,107 |
| Total assets | $16,210,690 |
| Accounts payable and accrued expenses | $360,808 |
| Grants payable | $0 |
| Deferred revenue | $35,980 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $504,923 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,286,611 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,594 |
| Total liabilities | $6,216,916 |
| Net assets without donor restrictions | $9,317,629 |
| Net assets with donor restrictions | $676,145 |
| 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 | $16,210,690 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Habitat For Humanity International Inc has recieved totaling $300,581.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $101,195 |
United Way Of Dane County Inc Madison, WI PURPOSE: Program Operating Cost/Donor Designation for General Support | $76,360 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $50,550 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $34,891 |
Madison Community Foundation Madison, WI PURPOSE: GENERAL CHARITABLE PURPOSES | $19,000 |
Jewish Federation Of Madison Inc Madison, WI PURPOSE: TO SUPPORT PHILANTHROPIC RESOURCES TO STRENGTHEN JEWISH VALUES IN THE COMMUNITYTO FUND FOOD DRIVE FOR THE COMMUNITY | $10,000 |
Endowment Analysis
| Beg. Balance | $689,985 |
| Earnings | -$17,299 |
| Admin Expense | $7,915 |
| Net Contributions | $10,050 |
| Other Expense | $22,000 |
| Ending Balance | $652,821 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Homestead At Rochester Inc Eden Prairie, MN | $84,661,096 | $19,652,604 |
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Affordable Housing Development Fund Inc Rockford, IL | $87,465,066 | $18,557,415 |
Chicago Low Income Housing Trust Fund Chicago, IL | $68,435,328 | $24,410,244 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Interfaith Housing Development Corporation Of Chicago Chicago, IL | $13,790,371 | $15,355,980 |
Jeremiah Program Minneapolis, MN | $39,745,824 | $13,376,447 |
European American Association Chicago, IL | $18,209,689 | $14,984,488 |
Milwaukee Habitat For Humanity Milwaukee, WI | $24,987,795 | $20,382,762 |
Hispanic Housing Development Corp Chicago, IL | $88,735,655 | $15,154,061 |
Habitat For Humanity International Inc Des Moines, IA | $24,118,438 | $12,529,342 |