Habitat For Humanity International Inc
- Assets
- $16.8m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, DC
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 52-1589700
Organization Overview
Habitat For Humanity International Inc is located in Washington, DC. 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 06/2022, Habitat For Humanity International Inc employed 12 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 06/2022, Habitat For Humanity International Inc generated $9.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $5.8m during the year ending 06/2022. While expenses have increased by 2.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE POVERTY HOUSING IN THE NATION'S CAPITAL AND NORTHERN VIRGINIA BY BUILDING DECENT, AFFORDABLE, ENERGY- AND RESOURCE-EFFICIENT HOMES FOR PEOPLE IN NEED. THE HOMES ARE SOLD BELOW COST, THEREBY MAKING THEM MORE AFFORDABLE TO THOSE IN NEED.ON JANUARY 10, 2022, AN ACQUISITION OF HABITAT FOR HUMANITY OF NORTHERN VIRGINIA WAS APPROVED BY BOTH ORGANIZATIONS' BOARD OF DIRECTORS. LEGAL FILINGS WERE SUBMITTED ON FEBRUARY 28, 2022. THE ACQUISITION BECAME EFFECTIVE MARCH 1, 2022 AND THE LEGAL NAME OF THE ENTITY BECAME HABITAT FOR HUMANITY OF WASHINGTON, D.C. AND NORTHERN VIRGINIA, INC. (HABITAT DC-NOVA).
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS OF 6/30/2022, HABITAT DC-NOVA HAS COMPLETED AND SOLD 292 HOMES ACROSS THE DISTRICT OF COLUMBIA AND NORTHERN VIRGINIA. WE CURRENTLY HAVE FOUR HOUSES UNDER CONSTRUCTION IN ALEXANDRIA, VA AND ANOTHER EIGHT HOUSES IN PROGRESS IN SKYLAND, DC. THE COMPLETION OF THESE HOMES WILL MARK 304 COMPLETED IN TOTAL. OUR NEW HOME CONSTRUCTION PROGRAM BUILDS OR REHABILITATES DECENT, PROFESSIONAL-QUALITY HOMES AND SELLS THEM BELOW COST TO QUALIFIED LOW-INCOME FAMILIES. OUR FAMILY SERVICES STAFF WORK ALONGSIDE QUALIFIED HOMEBUYERS TO HELP THEM PURCHASE THEIR HOMES WITH ACCESS TO REDUCED DOWN PAYMENTS, FIRST-TIME HOMEBUYER SUBSIDIES AND ASSISTANCE, AND AFFORDABLE MORTGAGES THROUGH OUR NETWORK OF PREFERRED THIRD-PARTY LENDERS. OUR HOME CONSTRUCTION PROGRAM ALSO FEATURES ROBUST AND INNOVATIVE GREEN BUILDING STANDARDS TO IMPROVE HOME DURABILITY, REDUCE HOMEOWNER UTILITY COSTS AND ENERGY USAGE, AND REDUCE ENVIRONMENTAL IMPACT. THE AFFILIATE HAS BUILT TO AND BEYOND EARTHCRAFT, ENTERPRISE GREEN COMMUNITIES, LEED, AND PASSIVE HOUSE STANDARDS ACROSS ITS HISTORY, INCLUDING THE FIRST NET-ZERO ENERGY PASSIVE HOMES IN THE DISTRICT OF COLUMBIA AND NORTHERN VIRGINIA.HABITAT DC-NOVA ALSO PARTNERS WITH THE DC DEPARTMENT ON AGING AND COMMUNITY LIVING AND NONPROFIT PARTNER HOMECARE PARTNERS' SAFE AT HOME PROGRAM TO PROVIDE NO-COST HOME REPAIRS AND ACCESSIBILITY MODIFICATIONS TO LOW-INCOME SENIORS AND ADULTS WITH DISABILITIES. THE PROGRAM SUPPORTS AGING IN PLACE EFFORTS AND FOCUSES ON REDUCING FALLS AND REMOVING THREATS TO HEALTH AND SAFETY IN THE HOME. AS OF 6/30/2022, HABITAT DC-NOVA HAS COMPLETED 354 HOME REPAIRS.
FAMILY SERVICES, MORTGAGE SERVICING, AND AFFORDABLE HOUSING ADVOCACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Stack Chair | OfficerTrustee | 0.5 | $0 |
Lindsey Johnson Vice Chair | OfficerTrustee | 0.5 | $0 |
Charles Schilke Vice Chair Until 03/2022, Board Member | OfficerTrustee | 0.5 | $0 |
Sara Collins Secretary | OfficerTrustee | 0.5 | $0 |
Ernest Stern Secretary Until 03/2022, Board Member | OfficerTrustee | 0.5 | $0 |
Corinne Mcintosh-Douglas Board Mem. Until 03/2022, Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rj Electric Works Inc Electrical Work | 6/29/18 | $130,865 |
Agility Construction Llc Rough Carpentry | 6/29/18 | $199,740 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $264,730 |
| Related organizations | $0 |
| Government grants | $213,777 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,669,531 |
| Noncash contributions included in lines 1a–1f | $1,013,523 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,148,038 |
| Total Program Service Revenue | $2,700,050 |
| Investment income | $41,432 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $79,586 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $290 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,980,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,709 |
| 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. | $185,260 |
| Compensation of current officers, directors, key employees. | $40,170 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,215,120 |
| Pension plan accruals and contributions | $43,059 |
| Other employee benefits | $35,876 |
| Payroll taxes | $107,513 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $64,904 |
| Fees for services: Accounting | $56,224 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $166,316 |
| Advertising and promotion | $1,172 |
| Office expenses | $87,290 |
| Information technology | $68,467 |
| Royalties | $0 |
| Occupancy | $592,384 |
| Travel | $36,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,603 |
| Interest | $142,580 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,531 |
| Insurance | $61,022 |
| All other expenses | $5,813 |
| Total functional expenses | $5,756,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,759,754 |
| Savings and temporary cash investments | $2,535,252 |
| Pledges and grants receivable | $175,108 |
| Accounts receivable, net | $112,029 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,433,199 |
| Inventories for sale or use | $106,687 |
| Prepaid expenses and deferred charges | $39,133 |
| Net Land, buildings, and equipment | $328,111 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $419,523 |
| Intangible assets | $0 |
| Other assets | $3,855,791 |
| Total assets | $16,764,587 |
| Accounts payable and accrued expenses | $434,223 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $211,358 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,114,120 |
| Unsecured mortgages and notes payable | $296,504 |
| Other liabilities | $352,641 |
| Total liabilities | $8,408,846 |
| Net assets without donor restrictions | $8,090,928 |
| Net assets with donor restrictions | $264,813 |
| 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 | $16,764,587 |