Habitat For Humanity International Inc
- Assets
- $5.6m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 36
- Location
- Fruitland, MD
- Founding
- 01/1987
- Data as of
- 06/2024
- EIN
- 52-1522421
Organization Overview
Habitat For Humanity International Inc is located in Fruitland, MD. 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 06/2024, Habitat For Humanity International Inc employed 36 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 06/2024, Habitat For Humanity International Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $3.7m during the year ending 06/2024. While expenses have increased by 14.7% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY WICOMICO ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP PROGRAM: HABITAT FOR HUMANITY HELPS LOW-TO-MODERATE INCOME FAMILIES BECOME FIRST TIME HOMEBUYERS. THE HOMES ARE MODESTLY SIZED, BUT LARGE ENOUGH TO MEET THE FAMILIES NEEDS. LEVERAGING GIFT IN KIND, DISCOUNTS FROM SKILLED CONTRACTORS, VOLUNTEERS AND SWEAT EQUITY FROM PARTNER FAMILIES, HABITAT SELLS THE HOME WITH AN AFFORDABLE MORTGAGE PAYMENT NOT TO EXCEED 30% OF THE FAMILIES GROSS HOUSEHOLD INCOME. AFFORDABLE HOME OWNERSHIP CREATES STABILITY AND GENERATIONAL WEALTH BUILDING OPPORTUNITIES.
CRITICAL HOME REPAIR PROGRAM: THE CRITICAL HOME REPAIR PROGRAM PROVIDES URGENT AND MAJOR HOME REPAIRS TO PRESERVE HOMES FOR OUR LOW-INCOME HOMEOWNERS THAT DESIRE TO AGE IN PLACE. HFHWC DEEPLY UNDERSTANDS THE DESIRE OF SENIORS TO LIVE INDEPENDENTLY AND SAFELY IN THEIR OWN HOMES. TWO SUB-PROGRAMS INCLUDE "AGING IN PLACE AND "VETERAN BUILD" BOTH ENSURING THAT ELDERLY HOMEOWNERS IN WICOMICO AND SOMERSET COUNTIES CAN ENJOY THEIR HOMES FOR YEARS TO COME, WITH DIGNITY AND COMFORT. REFERRALS AND COLLABORATIONS WITH OTHER NON-PROFITS, TIDALHEALTH AND GOVERNMENT OFFICES HAVE BEEN IN PLACE FOR THE LAST 10 YEARS. ELIGIBILITY CRITERIA: 1)HOMEOWNERS RESIDING IN WICOMICO OR SOMERSET COUNTIES. 2) INDIVIDUALS STRUGGLING WITH CRITICAL HOME REPAIRS THAT POSE A THREAT TO SAFETY AND/OR HEALTH. 3) HOUSEHOLDS MEETING INCOME GUIDELINES AND DEMONSTRATING A FINANCIAL NEED AND 4) HOME BEING REPAIRED MUST BE HOMEOWNER OCCUPIED.
RESTORE PROGRAM: HABITAT FOR HUMANITY WICOMICO OPERATES A HABITAT FOR HUMANITY WICOMICO RESTORE, A RETAIL OPERATION WHERE DONATED FURNITURE, APPLIANCES, BUILDING MATERIALS, AND OTHER MISCELLANEOUS ITEMS ARE SOLD TO THE COMMUNITY AT A GREATLY REDUCED PRICE. THE RESTORE FUNDS THE MISSION OF THE ORGANIZATION AND PROVIDES OPERATING INCOME FOR THE ORGANIZATION PLUS ADDITIONAL NET INCOME FOR HOME BUILDING AND HOME REPAIR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raeshema Hitch Director | Trustee | 1 | $0 |
Deatrice Leonard Director | Trustee | 1 | $0 |
Scott Duncan Director | Trustee | 1 | $0 |
Brenden Frederick Director | Trustee | 1 | $0 |
Donald Bailey Vice Chairman | OfficerTrustee | 1 | $0 |
Aaron Johnson Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $14,209 |
| Membership dues | $0 |
| Fundraising events | $54,064 |
| Related organizations | $0 |
| Government grants | $197,792 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,590,966 |
| Noncash contributions included in lines 1a–1f | $597,939 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,857,031 |
| Total Program Service Revenue | $2,279,378 |
| Investment income | $19,774 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $42,775 |
| Net Gain/Loss on Asset Sales | -$10,755 |
| Net Income from Fundraising Events | $30,903 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,237,850 |
| 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. | $85,181 |
| Compensation of current officers, directors, key employees. | $39,408 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $610,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,605 |
| Payroll taxes | $49,681 |
| Fees for services: Management | $7,060 |
| Fees for services: Legal | $1,474 |
| Fees for services: Accounting | $22,969 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,952 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,055 |
| Office expenses | $18,071 |
| Information technology | $14,230 |
| Royalties | $0 |
| Occupancy | $68,291 |
| Travel | $17,492 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,271 |
| Interest | $28,785 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,410 |
| Insurance | $45,952 |
| All other expenses | $83,593 |
| Total functional expenses | $3,746,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,942 |
| Savings and temporary cash investments | $126,712 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $95,713 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,735,773 |
| Inventories for sale or use | $901,831 |
| Prepaid expenses and deferred charges | $1,800 |
| Net Land, buildings, and equipment | $2,241,473 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,591,244 |
| Accounts payable and accrued expenses | $124,359 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $62,294 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,353,052 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,675 |
| Total liabilities | $1,544,380 |
| Net assets without donor restrictions | $3,821,825 |
| Net assets with donor restrictions | $225,039 |
| 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 | $5,591,244 |