Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Cedar Rapids, IA. 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 06/2022, Habitat For Humanity International Inc employed 30 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 $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CEDAR VALLEY HABITAT FOR HUMANITY IS AN ECUMENICAL CHRISTIAN HOUSING MINISTRY DEDICATED TO BUILDING AND REHABILITATING SIMPLE, DECENT AND AFFORDABLE HOMES IN LINN AND BENTON COUNTIES AND MAKING DECENT, AFFORDABLE SHELTER FOR ALL OF GOD'S PEOPLE A MATTER OF CONSCIENCE AND ACTION. THE ORGANIZATION PROVIDES ZERO-INTEREST MORTGAGES FOR DESERVING FAMILIES WHO WOULDN'T TYPICALLY QUALIFY FOR A TRADITIONAL HOME LOAN, ENLISTING THE HELP OF COMPANIES, FAITH-BASED GROUPS, COMMUNITY ORGANIZATIONS AND INDIVIDUALS TO FUND AND BUILD THE HOMES.

Describe the Organization's Program Activity:

THE ORGANIZATION PROVIDES AFFORDABLE HOUSING AND NURTURING SERVICES TO FAMILIES IN NEED. PROGRAM FAMILIES PURCHASE HOMES AT COST THAT ARE BUILT BY THE FAMILIES AND VOLUNTEERS. FIVE HOMES WERE SOLD THIS YEAR.


THE ORGANIZATION OPERATES THE RESTORE, A THRIFT STORE SELLING DONATED BUILDING MATERIALS. THE PROGRAM PROVIDES A SOURCE OF LOW COST BUILDING MATERIALS FOR THE COMMUNITY, DIVERTS SOLID WASTE FROM AREA LANDFILLS, AND PROMOTES RECYCLING AND REUSE.


THE ORGANIZATION PROVIDES FAMILY SUPPORT AND EDUCATIONAL MINISTRIES.


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Board, Officers & Key Employees

Name (title)Compensation
Jolene Frankhouse
Finance & Administration
$66,625
Brittany Scanlon
Executive Director
$56,977
Chris Terukina
Vice President
$0
Travis Faust
President
$0
Elliot Heim
Secretary
$0
Joe Strathman
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kelly Concrete Company
Concrete Services
$302,242
Rathje Construction
Excavation And Grading
$148,695
D & S Building Company
General Contractor
$130,080
Triple T Construction
Plaster, Drywall And Insulation
$105,150
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $76,506
All other contributions, gifts, grants, and similar amounts not included above$1,411,636
Noncash contributions included in lines 1a–1f $876,995
Total Revenue from Contributions, Gifts, Grants & Similar$1,488,142
Total Program Service Revenue$290,264
Investment income $471,293
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,000
Net Income from Fundraising Events $42,161
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$625,719
Miscellaneous Revenue$0
Total Revenue $1,742,831

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Habitat For Humanity International Inc has recieved totaling $195,767.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$126,816
Greater Cedar Rapids Community Foundation

Cedar Rapids, IA

PURPOSE: AREA OF MOST NEED, GENERAL SUPPORT, ANNUAL DESIGNATED DISTRIBUTION FOR THE RESTORE, 2020 REHAB HOME, 2021 WOMEN BUILD, REPAIRS PROGRAM

$35,686
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$13,630
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$11,750
Thrivent Financial For Lutherans

Minneapolis, MN

PURPOSE: General Support

$7,885
View Grant Recipient Profile

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