Habitat For Humanity International Inc
- Assets
- $4.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 13
- Location
- Racine, WI
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 39-1616230
Organization Overview
Habitat For Humanity International Inc is located in Racine, 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 06/2023, Habitat For Humanity International Inc employed 13 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 06/2023, Habitat For Humanity International Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $2.2m during the year ending 06/2023. While expenses have increased by 9.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, RACINE HABITAT FOR HUMANITY, INC. TRIES TO ELIMINATE POVERTY HOUSING AND TO MAKE DECENT SHELTER A MATTER OF CONSCIENCE AND ACTION. DURING THE YEAR ENDED 06-30-23, THERE WERE 654 VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT HOMEOWNERS HELP BUILD THEIR OWN HOMES ALONGSIDE VOLUNTEERS AND PAY AN AFFORDABLE MORTGAGE. WITH OUR HELP, HABITAT HOMEOWNERS ACHEIVE THE STRENGTH, STABILITY AND SELF-RELIANCE THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES. RACINE HABITAT FOR HUMANITY WORKS TO ELIMINATE BARRIERS TO A BETTER, HEALTHIER, MORE FINANCIALLY STABLE LIFE.
HABITAT FOR HUMANITY RESTORE IS A NONPROFIT HOME IMPROVEMENT STORE AND DONATION CENTER THAT SELLS NEW AND GENTLY USED FURNITURE, HOME ACCESSORIES, BUIILDING MATERIALS, AND APPLIANCES TO THE PUBLIC AT A FRACTION OF THE RETAIL PRICE. THE RACINE STORE HAS DIVERTED MATERIALS FROM LOCAL LANDFILLS OVER THE YEARS. ALL OF THE PROCEEDS FROM THE STORE SUPPORT RACINE HABITAT FOR HUMANITY IN BUILDING QUALITY, AFFFORDABLE HOMES FOR PEOPLE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grant Buenger From 1121 Executive Dir. | Trustee | 35 | $100,719 |
Mike Helding Vice Chair | Trustee | 1 | $0 |
Jeremy Engelhardt Member | Trustee | 1 | $0 |
Tom Smolic Secretary | OfficerTrustee | 1 | $0 |
Nancy Mclaughlin Member | Trustee | 1 | $0 |
Melvin Hargrove Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,174,908 |
| Noncash contributions included in lines 1a–1f | $553,636 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,174,908 |
| Total Program Service Revenue | $1,116,409 |
| Investment income | -$19,911 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $39,411 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,327,181 |
| 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. | $100,719 |
| Compensation of current officers, directors, key employees. | $10,072 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $290,037 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,588 |
| Payroll taxes | $29,884 |
| 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 | $26,123 |
| Advertising and promotion | $6,113 |
| Office expenses | $52,503 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $15,970 |
| Insurance | $22,780 |
| All other expenses | $153,430 |
| Total functional expenses | $2,167,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,130 |
| Savings and temporary cash investments | $440,683 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,754 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,844,001 |
| Inventories for sale or use | $1,074 |
| Prepaid expenses and deferred charges | $1,184 |
| Net Land, buildings, and equipment | $245,770 |
| Investments—publicly traded securities | $700,374 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,227,880 |
| Total assets | $4,554,850 |
| Accounts payable and accrued expenses | $88,345 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $245,192 |
| 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 | $0 |
| Total liabilities | $333,537 |
| Net assets without donor restrictions | $4,088,801 |
| Net assets with donor restrictions | $132,512 |
| 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 | $4,554,850 |