Habitat For Humanity Internatonal Inc
- Assets
- $4.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Iowa City, IA
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 42-1410210
Organization Overview
Habitat For Humanity Internatonal Inc is located in Iowa City, IA. The organization was established in 1987. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2023, Habitat For Humanity Internatonal Inc employed 16 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity Internatonal 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 Internatonal Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $3.2m during the year ending 06/2023. While expenses have increased by 3.6% 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 BUILD AND SELL HOUSES FOR LOW INCOME INDIVIDUALS AND FAMILIES AT AFFORDABLE PRICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION OF HOMES: SERVED LOW-INCOME FAMILIES WHO FACE BARRIERS TO ACCESSING SAFE, DECENT, AND AFFORDABLE HOUSING BY ENGAGING COMMUNITIES, RECRUITING VOLUNTEERS, AND FUNDRAISING TO CONSTRUCT ENERGY EFFICIENT HOMES AND SECURING AFFORDABLE FINANCING. HOMEOWNERSHIP PROGRAM REDUCED BARRIERS TO HOMEOWNERSHIP, ENSURED HOUSEHOLDS WERE NOT FINANCIALLY STRAPPED BY HOUSING COSTS, AND BUILT GENERATIONAL WEALTH FOR SEVEN LOW-INCOME FAMILIES. THROUGH HELPING HANDS AFFORDABLE HOME REPAIR PROGRAM, SERVED 56 VERY/ EXTREMELY LOW-INCOME HOUSEHOLDS THAT ENDURED UNSAFE AND INADEQUATE HOUSING. STAFF, VOLUNTEERS, DONORS AND OTHER STAKEHOLDERS WORKED DILIGENTLY SO THAT PROJECTS IMPROVED PHYSICAL AND FINANCIAL HEALTH FOR THE MEMBERS IN EACH HOUSEHOLD BY IMPROVING ACCESSIBILITY, REMOVING FALL HAZARDS, AND REPAIRING ELECTRICAL, MECHANICAL, AND PLUMBING SYSTEMS. PAYMENT FOR SERVICES WAS SUBSIDIZED BY IOWA VALLEY HABITAT FOR HUMANITY AND STRUCTURED TO ENSURE NEEDED REPAIRS DID NOT CREATE A FINANCIAL BURDEN FOR THOSE IN NEED.
RESTORE: REDUCED WASTE, ENCOURAGED REDUCED CONSUMPTION, PROMOTED RECYCLING, AND PROVIDED AFFORDABLE HOUSING MATERIALS BY SELLING DONATIONS OF USED GOODS, TOOLS, AND FURNITURE TO THE PUBLIC AT DISCOUNTED PRICES. REVENUES WERE USED TO FUND THE MISSION AND PURSUE IVHFH'S VISION FOR THE COMMUNITIES IT SERVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ballard Andrew President | OfficerTrustee | 1 | $0 |
Minetos Tara Vice President | OfficerTrustee | 1 | $0 |
Parsons Max Treasurer | OfficerTrustee | 1 | $0 |
Brown Abigail Secretary | OfficerTrustee | 1 | $0 |
Carlson Richard Director | Trustee | 1 | $0 |
Easton William Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edwards Remodeling & Construction Llc General Contractor | 6/29/18 | $120,737 |
Stransky Concrete Concrete | 6/29/18 | $113,004 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $22,184 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,164 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,181,652 |
| Noncash contributions included in lines 1a–1f | $652,988 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,258,000 |
| Total Program Service Revenue | $2,103,431 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $157 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,320 |
| Net Income from Fundraising Events | $18,938 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,768 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,471,739 |
| 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. | $167,100 |
| Compensation of current officers, directors, key employees. | $106,275 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $538,421 |
| Pension plan accruals and contributions | $11,864 |
| Other employee benefits | $47,018 |
| Payroll taxes | $55,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,248 |
| Fees for services: Accounting | $57,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $304 |
| Advertising and promotion | $7,273 |
| Office expenses | $70,510 |
| Information technology | $32,144 |
| Royalties | $0 |
| Occupancy | $112,474 |
| Travel | $18,364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,347 |
| Interest | $45,351 |
| Payments to affiliates | $6,000 |
| Depreciation, depletion, and amortization | $15,870 |
| Insurance | $1,141 |
| All other expenses | $923 |
| Total functional expenses | $3,234,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,320 |
| Savings and temporary cash investments | $310,390 |
| Pledges and grants receivable | $317,517 |
| Accounts receivable, net | $160,803 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,175,376 |
| Inventories for sale or use | $1,179,385 |
| Prepaid expenses and deferred charges | $16,930 |
| Net Land, buildings, and equipment | $252,366 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $115,460 |
| Total assets | $4,536,547 |
| Accounts payable and accrued expenses | $277,701 |
| Grants payable | $0 |
| Deferred revenue | $302,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,260 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,260,305 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $119,058 |
| Total liabilities | $1,961,324 |
| Net assets without donor restrictions | $2,156,166 |
| Net assets with donor restrictions | $419,057 |
| 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 | $4,536,547 |