Habitat For Humanity International Inc
- Assets
- $22.8m
- Revenue
- $8.3m
- Investments
- $1.4m
- Employees
- 81
- Location
- Philadelphia, PA
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 42-1580163
Organization Overview
Habitat For Humanity International Inc is located in Philadelphia, PA. 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 81 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 $8.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $9.0m during the year ending 06/2023. While expenses have increased by 3.3% per year over the past 7 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
HABITAT FOR HUMANITY PHILADELPHIA BUILDS STRENTH, STABILITY, AND SELF-RELIANCE THROUGH SHELTER. OUR MISSION IS TO TRANSFORM LIVES AND OUR CITY BY BUILDING AND REPAIRING QUALITY HOMES IN PARTNERSHIP WITH FAMILIES IN NEED AND BY UNITING ALL PHILADELPHIANS AROUND THE CAUSE OF AFFORDABLE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT FOR HUMANITY PHILADELPHIA'S HOMEOWNERSHIP PROGRAM BUILDS STRENGTH, STABILITY AND SELF-RELIANCE THROUGH AFFORDABLE HOMEOWNERSHIP. FAMILIES IN THE HOMEOWNERSHIP PROGRAM INVEST SWEAT EQUITY HOURS IN LIEU OF A DOWN PAYMENT, ATTEND HOMEOWNERSHIP AND FINANCE WORKSHOPS, CONTRIBUTE ESCROW PAYMENTS TO COVER CLOSING COSTS, AND PURCHASE THEIR NEW HABITAT HOME WITH AN AFFORDABLE MORTGAGE. HABITAT WORKS WITH VOLUNTEERS AND COMMUNITY MEMBERS TO BUILD ALONGSIDE FUTURE HOMEOWNERS AND LEVERAGES DONATIONS OF MONEY AND MATERIALS TO BUILD HOMES. HABITAT HAS SOLD 250 HOMES SINCE 1985.
HABITAT FOR HUMANITY PHILADELPHIA'S HOME REPAIR PROGRAM PARTNERS WITH HOMEOWNERS WHO CANNOT AFFORD CRITICAL HOME REPAIRS. THE HOME REPAIR PROGRAM STABILIZES HOMES THROUGH A SUITE OF CRITICAL REPAIRS, ENERGY EFFICIENCY UPGRADES AND ADAPTIVE AGING-IN-PLACE IMPROVEMENTS. HOMEOWNERS PAY FOR REPAIRS THROUGH A LOW-COST REPAYMENT PLAN SCALED TO INCOME. HABITAT HAS REPAIRED MORE THAN 899 HOMES SINCE THE PROGRAM'S LAUNCH IN 2010.
THE RESTORE IS A DISCOUNT HOME IMPROVEMENT STORE OPERATED BY HABITAT PHILADELPHIA. THE RESTORE ACCEPTS DONATIONS OF NEW AND GENTLY USED FURNITURE, APPLIANCES, BUILDING SUPPLIES AND HOME GOODS AND RESELLS THEM TO THE PUBLIC AT REDUCED COSTS. PROFIT FROM THE RESTORE IS RETURNED TO HABITAT PHILADELPHIA TO FUND HOMEBUILDING AND HOME REPAIR PROJECTS. THE RESTORE IS A LOW COST SOURCE OF HOME GOODS THAT PROVIDES DONORS WITH AN EASY WAY TO DISPOSE OF UNWANTED ITEMS AND MATERIALS THAT MIGHT OTHERWISE BE THROWN AWAY, THEREBY KEEPING GOOD QUALITY, USABLE ITEMS OUT OF THE LANDFILL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamika Artis Director | Trustee | 2 | $0 |
Ellen Farber Director | Trustee | 2 | $0 |
Karen Black Director | Trustee | 2 | $0 |
Michael Bowman Director | Trustee | 2 | $0 |
Jonathan Broh Director | Trustee | 2 | $0 |
Jonathan Ellensworth Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Interface Studio Architects Llc Construction | 6/29/22 | $122,802 |
Two Brothers General Construction Llc Construction | 6/29/22 | $101,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $400,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,755,088 |
| Noncash contributions included in lines 1a–1f | $193,136 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,155,088 |
| Total Program Service Revenue | $2,507,407 |
| Investment income | $69,856 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,654 |
| Net Income from Fundraising Events | $451,259 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,309,601 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,752,539 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $420,553 |
| Payroll taxes | $290,284 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $258,617 |
| Fees for services: Accounting | $53,265 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $346,838 |
| Advertising and promotion | $0 |
| Office expenses | $67,151 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $164,157 |
| Travel | $75,738 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $80,884 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $439,253 |
| Insurance | $327,948 |
| All other expenses | $297,688 |
| Total functional expenses | $8,967,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,749,194 |
| Savings and temporary cash investments | $1,033,519 |
| Pledges and grants receivable | $1,645,337 |
| Accounts receivable, net | $49,987 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,738,694 |
| Inventories for sale or use | $45,000 |
| Prepaid expenses and deferred charges | $92,962 |
| Net Land, buildings, and equipment | $1,351,992 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,364,889 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,703,154 |
| Total assets | $22,774,728 |
| Accounts payable and accrued expenses | $750,586 |
| Grants payable | $0 |
| Deferred revenue | $1,177,709 |
| 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 | $4,247,563 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,859,327 |
| Total liabilities | $8,035,185 |
| Net assets without donor restrictions | $13,445,862 |
| Net assets with donor restrictions | $1,293,681 |
| 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 | $22,774,728 |