Habitat For Humanity International Inc
- Assets
- $5.8m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 25
- Location
- Brainerd, MN
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 41-1659149
Organization Overview
Habitat For Humanity International Inc is located in Brainerd, MN. 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 25 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 $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 6.2% 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
TO ELIMINATE POVERTY HOUSING IN THE THREE COUNTIES SERVED: CASS, HUBBARD, AND CROW WING, AND THE CITY OF STAPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAKES AREA HABITAT FOR HUMANITY WORKS WITH SELECTED LOW-INCOME FAMILIES TO CONSTRUCT NEW AND REHABILITATED HOMES, AND THEN SELLS THE HOMES TO THE FAMILIES. FOUR HOMES WERE SOLD DURING THE CURRENT FISCAL YEAR TO FAMILIES IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Lyscio Secretary | OfficerTrustee | 2 | $0 |
Tim Swanson Director | Trustee | 2 | $0 |
Mary Anderson Director | Trustee | 2 | $0 |
Nancy Johnson Houg Director | Trustee | 2 | $0 |
Carrie Lee Director | Trustee | 2 | $0 |
Daniel Hawley Vice Chair | OfficerTrustee | 2 | $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 | $857,855 |
| Noncash contributions included in lines 1a–1f | $49,162 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $857,855 |
| Total Program Service Revenue | $603,704 |
| Investment income | $3,499 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $234,123 |
| Net Income from Fundraising Events | $76,326 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $154,288 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,984,996 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,595 |
| 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. | $74,947 |
| Compensation of current officers, directors, key employees. | $28,105 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $330,709 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,429 |
| Payroll taxes | $30,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,580 |
| Fees for services: Accounting | $19,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,847 |
| Office expenses | $48,125 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,467 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,322 |
| Interest | $40,262 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,134 |
| Insurance | $87,866 |
| All other expenses | $21,338 |
| Total functional expenses | $1,592,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $735,044 |
| Savings and temporary cash investments | $1,599,861 |
| Pledges and grants receivable | $380,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,934,401 |
| Inventories for sale or use | $244,215 |
| Prepaid expenses and deferred charges | $71,113 |
| Net Land, buildings, and equipment | $183,957 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $654,149 |
| Total assets | $5,802,740 |
| Accounts payable and accrued expenses | $79,161 |
| Grants payable | $0 |
| Deferred revenue | $94,283 |
| 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 | $1,153,324 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,326,768 |
| Net assets without donor restrictions | $3,720,673 |
| Net assets with donor restrictions | $755,299 |
| 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 | $5,802,740 |