Garrett County Habitat For Humanity Inc
- Assets
- $2.3m
- Revenue
- $301.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Oakland, MD
- Founding
- 03/1984
- Data as of
- 12/2023
- EIN
- 52-1322233
Organization Overview
Garrett County Habitat For Humanity Inc is located in Oakland, MD. The organization was established in 1984. 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 12/2023, Garrett County Habitat For Humanity Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garrett County Habitat For Humanity 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, Garrett County Habitat For Humanity Inc generated $301.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $272.7k during the year ending 12/2023. 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 PROVIDE FINANCIAL AND CONSTRUCTION ASSISTANCE TO LOW-INCOME INDIVIDUALS IN BUILDING SAFE AND ADEQUATE HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTEREST FREE LOANS HAVE BEEN PROVIDED TO HOMEOWNERS BASED ON NEED. AT DECEMBER 31, 2023- 42 LOANS WERE OUTSTANDING.
INCLUDES GENERAL AND ADMINISTRATIVE COSTS ASSOCIATED WITH THE DIRECT PURPOSE OF THE ORGANIZATION.
IN CALENDAR YEAR 2023- TWO HOMES WERE UNDER CONSTRUCTION TO BE SOLD TO QUALIFYING INDIVIDUALS. ONE HOMEOWNERS HOME WAS FORECLOSED ON BY THE BANK AND THEN LATER SOLD IN 2023.
HOME STORE - REVENUE FROM DONATED ITEMS USED TO ENHANCE THE PROGRAM SERVICE ACTIVITIES OF PROVIDING AFFORDABLE AND DECENT HOUSING FOR CITIZENS OF GARRETT COUNTY, MD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Bortz Executive Di | Officer | 40 | $58,000 |
Charles Boyd Treasurer | OfficerTrustee | 2 | $0 |
Crystal Brady Board Member | Trustee | 2 | $0 |
Trevor Devore Board Member | Trustee | 2 | $0 |
Jessica Dijak Board Member | Trustee | 2 | $0 |
Linda Fike Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,278 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,278 |
| Total Program Service Revenue | $376,051 |
| Investment income | $4,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$165,880 |
| Net Income from Fundraising Events | $56,108 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $301,557 |
| 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. | $58,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,871 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,031 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,462 |
| Office expenses | $3,481 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87 |
| Insurance | $9,774 |
| All other expenses | $4,785 |
| Total functional expenses | $272,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $765,573 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,748 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,009,302 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $42,338 |
| Investments—publicly traded securities | $199,627 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $198,362 |
| Total assets | $2,259,950 |
| Accounts payable and accrued expenses | $526 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $33,677 |
| Total liabilities | $34,203 |
| Net assets without donor restrictions | $2,225,747 |
| Net assets with donor restrictions | $0 |
| 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 | $2,259,950 |