Habitat For Humanity International Inc
- Assets
- $4.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 01/1987
- Data as of
- 12/2023
- EIN
- 47-0788757
Organization Overview
Habitat For Humanity International Inc is located in Omaha, NE. The organization was established in 1987. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. 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 12/2023, Habitat For Humanity International Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 20.2% per year over the past 9 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
PROVIDE HOMEOWNERSHIP OPPORTUNITIES FOR FIRST-TIME HOME-BUYERS AND PROTECT AFFORDABLE HOUSING IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT OMAHA'S HOMEOWNERSHIP PROGRAM PROVIDES FIRST-TIME HOMEOWNERSHIP OPPORTUNITIES TO ECONOMICALLY DISADVANTAGED FAMILIES, WHOSE INCOME IS GENERALLY 30% TO 80% OF THE AREA MEDIAN. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, AND USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, HABITAT OMAHA MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. DURING 2023, INDIVIDUALS, CORPORATIONS, AND FAITH PARTNERS WORKED 42,554 VOLUNTEER HOURS TO HELP LOWER CONSTRUCTION LABOR AND BUILDING COSTS. ADDITIONALLY, HABITAT OMAHA HELPED FOUR SARPY COUNTY PARTNER FAMILIES ACHIEVE HOMEOWNERSHIP IN 2023. THERE IS A CRITICAL NEED FOR, AND SHORTAGE OF, AFFORDABLE HOUSING IN SARPY COUNTY AND IN MANY PARTS OF NEBRASKA. HABITAT OMAHA ADDRESSES THIS NEED BY BUILDING AND REVITALIZING NEIGHBORHOODS. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGES SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS HEALTH AND SAFETY - INSTEAD OF HINDERS - FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND LONG-TERM CAREER GROWTH.
OUR HOME REPAIR PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW-TO-MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF HABITAT OMAHA STAFF MEMBERS TO COMPLETE THE REPAIRS. IN 2023, HABITAT OMAHA SERVED 5 LOCAL HOMEOWNERS, UNDER THIS PROGRAM.
MORTGAGE DISCOUNTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Brewer President/ceo | OfficerTrustee | 1 | $0 |
Christine Tjelmeland Chief Financial Officer | OfficerTrustee | 1 | $0 |
John Haske Chief Development Officer | OfficerTrustee | 1 | $0 |
Kenneth Mar Area Director | OfficerTrustee | 35 | $0 |
Drew Lier Chief Construction Officer | Officer | 1 | $0 |
Tracie Mcpherson Chief Communciations Officer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $163,309 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,129 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $238,438 |
| Total Program Service Revenue | $917,599 |
| Investment income | $11,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,160 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,170,969 |
| 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 | $121,619 |
| Pension plan accruals and contributions | $3,669 |
| Other employee benefits | $11,840 |
| Payroll taxes | $9,065 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $285 |
| Fees for services: Accounting | $326 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,467 |
| Advertising and promotion | $0 |
| Office expenses | $3,362 |
| Information technology | $2,581 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $705 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,340 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175 |
| Insurance | $212 |
| All other expenses | $3,958 |
| Total functional expenses | $1,238,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,089 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $919,113 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $159 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,046,359 |
| Total assets | $4,047,720 |
| Accounts payable and accrued expenses | $0 |
| 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 | $96,923 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,125,685 |
| Total liabilities | $1,222,608 |
| Net assets without donor restrictions | $2,778,266 |
| Net assets with donor restrictions | $46,846 |
| 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 | $4,047,720 |