Habitat For Humanity International Inc
- Assets
- $16.5m
- Revenue
- $11.7m
- Investments
- $0.0
- Employees
- 61
- Location
- Richmond, VA
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 54-1385198
Organization Overview
Habitat For Humanity International Inc is located in Richmond, VA. 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 61 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 $11.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $6.8m during the year ending 06/2022. While expenses have increased by 10.2% 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
RICHMOND METRO HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS DEDICATED TO PROVIDING QUALITY HOUSING TO LOWER INCOME PEOPLE WHO HAVE THE ABILITY FOR HOME OWNERSHIP THROUGH THE OPPORTUNITY OF PRE- AND POST-PURCHASE EDUCATION, VOLUNTEER SERVICE, AND A ZERO-INTEREST MORTGAGE. THE ORGANIZATION FOLLOWS ALL FAIR HOUSING LAWS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Mulligan COO | Officer | 40 | $96,743 |
Mary Kay Huss CEO | Officer | 40 | $94,774 |
W Mercer Ferguson Vice Chair | OfficerTrustee | 2 | $0 |
Eileen S Jackson Secretary | OfficerTrustee | 2 | $0 |
Tiya Williams Board Chair | OfficerTrustee | 5 | $0 |
Oliver Way Treasurer | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tredegar Construction Construction - Demolition & Framing | 6/29/22 | $620,311 |
Anderson Air Conditioning & Heating Hvac | 6/29/22 | $128,125 |
Tuckers Plumbing Plumbing | 6/29/22 | $117,464 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $48,056 |
| Government grants | $693,018 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,889,861 |
| Noncash contributions included in lines 1a–1f | $1,826,015 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,630,935 |
| Total Program Service Revenue | $2,588,890 |
| Investment income | $1,652 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,750 |
| Net Gain/Loss on Asset Sales | $2,781 |
| Net Income from Fundraising Events | $44,609 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $399,251 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,681,455 |
| 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. | $234,202 |
| Compensation of current officers, directors, key employees. | $40,517 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,874,747 |
| Pension plan accruals and contributions | $17,441 |
| Other employee benefits | $221,610 |
| Payroll taxes | $157,293 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,348 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,272 |
| Advertising and promotion | $0 |
| Office expenses | $32,050 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $175,821 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,367 |
| Interest | $162,954 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $105,148 |
| Insurance | $129,579 |
| All other expenses | $15,677 |
| Total functional expenses | $6,831,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,821 |
| Savings and temporary cash investments | $5,669,469 |
| Pledges and grants receivable | $480,052 |
| Accounts receivable, net | $4,116 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,271,319 |
| Inventories for sale or use | $2,844,873 |
| Prepaid expenses and deferred charges | $41 |
| Net Land, buildings, and equipment | $2,890,463 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $374,724 |
| Total assets | $16,536,878 |
| Accounts payable and accrued expenses | $268,553 |
| 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 | $3,437,491 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $107,983 |
| Total liabilities | $3,814,027 |
| Net assets without donor restrictions | $11,422,472 |
| Net assets with donor restrictions | $1,300,379 |
| 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 | $16,536,878 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Habitat For Humanity International Inc has recieved totaling $548,551.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $254,266 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $102,239 |
Bon Secours Richmond Health System Richmond, VA PURPOSE: MISSION SUPPORT | $80,000 |
The Pauley Family Foundation Richmond, VA PURPOSE: ANNUAL SUPPORT | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,496 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $16,150 |
Endowment Analysis
| Beg. Balance | $275,405 |
| Earnings | -$971 |
| Ending Balance | $274,434 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Montgomery Housing Partnership Inc Silver Spring, MD | $117,127,971 | $17,924,784 |
Enterprise Community Loan Fund Inc Columbia, MD | $332,804,742 | $25,996,753 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |
Habitat For Humanity Of Greater Nashville Nashville, TN | $71,491,096 | $16,513,254 |
National Lutheran Inc Frederick, MD | $5,736,572 | $7,111,650 |
Transitional Housing Corporation Washington, DC | $11,247,775 | $11,673,050 |
Virginia Supportive Housing Richmond, VA | $30,778,021 | $11,444,363 |
Habitat For Humanity International Inc Memphis, TN | $13,622,959 | $12,248,424 |
Redwood Housing Inc North Bethesda, MD | $20,814,666 | $9,748,902 |
Housing Partnership Inc Louisville, KY | $43,644,315 | $10,025,390 |