Habitat For Humanity International Inc
- Assets
- $2.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Northfield, MN
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 41-1700206
Organization Overview
Habitat For Humanity International Inc is located in Northfield, MN. The organization was established in 1987. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Habitat For Humanity International Inc employed 7 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 06/2021, Habitat For Humanity International Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $1.4m during the year ending 06/2021. While expenses have increased by 17.1% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILD RENOVATE & SELL HOMES TO LOW INCOME FAMILIES ON A NO-PROFIT-AFFORDABLE MORTGAGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING AND SELLING HOMES TO FAMILIES IN POVERTY OR UNLIVABLE CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dayna Norvold Executive Director | Officer | 40 | $74,338 |
Craig Hall Vice President | OfficerTrustee | 1 | $0 |
Brent Nystrom President | OfficerTrustee | 1 | $0 |
Donna Rae Scheffert Secretary | OfficerTrustee | 1 | $0 |
Dave Green Treasurer | OfficerTrustee | 1 | $0 |
Ken Kangas Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $115,675 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $397,406 |
| Total Program Service Revenue | $1,136,623 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$29,494 |
| Net Income from Fundraising Events | -$1,379 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,542,533 |
| 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. | $77,698 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,152 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,231 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,200 |
| Office expenses | $1,454 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,533 |
| Travel | $7,239 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $89,422 |
| Payments to affiliates | $21,300 |
| Depreciation, depletion, and amortization | $4,535 |
| Insurance | $9,829 |
| All other expenses | $9,651 |
| Total functional expenses | $1,403,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $457,373 |
| Savings and temporary cash investments | $10,843 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $60,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,035,235 |
| Inventories for sale or use | $110,485 |
| Prepaid expenses and deferred charges | $2,088 |
| Net Land, buildings, and equipment | $502,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,178,663 |
| Accounts payable and accrued expenses | $12,719 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $987,579 |
| Unsecured mortgages and notes payable | $42,712 |
| Other liabilities | $0 |
| Total liabilities | $1,043,010 |
| Net assets without donor restrictions | $862,508 |
| Net assets with donor restrictions | $273,145 |
| 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 | $2,178,663 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Habitat For Humanity International Inc has recieved totaling $188,673.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $173,673 |
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: Housing | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity Of Waukesha County Inc Waukesha, WI | $2,764,465 | $2,495,016 |
Habitat For Humanity International Inc Sioux Falls, SD | $9,141,144 | $3,026,131 |
Habitat For Humanity International Inc Cedar Rapids, IA | $5,677,574 | $1,742,831 |
Habitat For Humanity International Inc Rochester, MN | $3,870,534 | $1,605,861 |
Habitat For Humanity International Inc St Cloud, MN | $4,313,992 | $1,842,633 |
Habitat For Humanity International Inc Northfield, MN | $2,178,663 | $1,542,533 |
Habitat For Humanity International Inc Mankato, MN | $7,163,507 | $1,882,545 |
Habitat For Humanity International Inc Duluth, MN | $863,360 | $481,906 |
Habitat For Humanity International Inc Bemidji, MN | $2,423,039 | $641,326 |
Hope Center Rapid City, SD | $217,798 | $564,898 |
Habitat For Humanity International Inc Eau Claire, WI | $1,425,288 | $500,398 |
Habitat For Humanity International Inc Weston, WI | $2,495,602 | $518,546 |