Habitat For Humanity International Inc
- Assets
- $1.2m
- Revenue
- $356.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Franklin, VA
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 54-1555998
Organization Overview
Habitat For Humanity International Inc, operating under the name Southampton Franklin Habitat for Humanity, is located in Franklin, 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 06/2021, Southampton Franklin Habitat for Humanity employed 8 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Southampton Franklin Habitat for Humanity 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 06/2021, Southampton Franklin Habitat for Humanity generated $356.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $235.7k during the year ending 06/2021. While expenses have increased by 19.2% per year over the past 6 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
2021
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. WE PROVIDE AN OPPORTUNITY FOR LOW-INCOME FAMILIES TO BECOME HOMEOWNERS BY WORKING ALONGSIDE COMMUNITY VOLUNTEERS TO CONSTRUCT THEIR HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP PROGRAM (CODE 531390): FAMILIES IN NEED OF A DECENT PLACE TO LIVE PARTNER WITH US TO BUILD SAFE AND AFFORDABLE HOMES. HOUSES ARE LARGE ENOUGH FOR THE HOMEOWNER'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, KEEPING HOUSE SIZES MODEST, USING DONATED MATERIALS AND APPLIANCES WHEN POSSIBLE, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR, AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS -- RATHER THAN HINDERS -- HEALTH AND SAFETY, 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 CAREER GROWTH. DURING FISCAL YEAR 2020, SOUTHAMPTON-FRANKLIN HABITAT FOR HUMANITY SERVED A FAMILY OF 4 THROUGH ITS HOMEOWNERSHIP PROGRAM.
(CODE 453310) OPERATED A RESTORE THAT SELLS DONATED APPLIANCES, FURNITURE, SECOND-HAND BUILDING SUPPLIES AND MATERIALS, AS WELL AS OTHER HOUSEHOLD ITEMS TO THE PUBLIC. HAVING A PLACE FOR THE PUBLIC TO RECYCLE USABLE ITEMS KEEPS THEM OUT OF THE DUMP, OUR LOW PRICES BENEFIT CUSTOMERS, AND THE NET PROCEEDS BENEFIT OUR GENERAL PURPOSE OF CONSTRUCTION OF HOUSES FOR LOW-INCOME FAMILIES.
GAVE A PORTION OF OUR INCOME TO HABITAT FOR HUMANITY INTERNATIONAL TO USE FOR PROGRAM SERVICES WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Holt Treasurer | OfficerTrustee | 12 | $0 |
Nita I Holt President | OfficerTrustee | 8 | $0 |
Sandra Kirkland Vice-President And Secretary | OfficerTrustee | 3 | $0 |
Mike Allen Board Member | Trustee | 1 | $0 |
Dan Crumpler Board Member | Trustee | 1 | $0 |
Lynda Dwyer Board Member | Trustee | 1 | $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 | $1,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,341 |
| Total Program Service Revenue | $351,465 |
| Investment income | $3,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $356,508 |
| 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 | $73,775 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,400 |
| Payroll taxes | $6,751 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $521 |
| Office expenses | $6,139 |
| Information technology | $1,672 |
| Royalties | $0 |
| Occupancy | $10,006 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $6,600 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,122 |
| All other expenses | $0 |
| Total functional expenses | $235,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,338 |
| Savings and temporary cash investments | $458,249 |
| 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 | $294,406 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $400,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,210,593 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,210,593 |
| 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 | $1,210,593 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Housing Partners Corporation Christiansburg, VA | $210,530,324 | $87,907,515 |
Enterprise Community Development Inc Columbia, MD | $150,433,261 | $43,987,858 |
Skill Creations Inc Goldsboro, NC | $13,834,048 | $44,435,808 |
Renewal Housing Inc North Bethesda, MD | $14,557,789 | $3,551,240 |
Habitat For Humanity International Inc Raleigh, NC | $48,704,094 | $32,190,331 |
Montage Living Charlotte, NC | $133,680,991 | $23,940,845 |
Washington Housing Conservancy Inc Washington, DC | $420,260,184 | $21,973,797 |
Ahc Inc Arlington, VA | $252,147,992 | $33,394,070 |
Habitat For Humanity International Inc Charlotte, NC | $71,967,554 | $27,686,341 |
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 |