Habitat For Humanity International Inc is located in Charlottesville, VA. The organization was established in 1987. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 75 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 $16.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $10.3m during the year ending 06/2022. While expenses have increased by 10.1% 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
BRING PEOPLE TOGETHER TO BUILD HOMES AND COMMUNITIES TO PROVIDE SAFE, DECENT, AFFORDABLE HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT CREATES SIGNIFICANT HOUSING IMPACT IN THREE PRIMARY LINES OF BUSINESS: BUILDING, REBUILDING AND HOUSING SYSTEM DEVELOPMENT. IN THE BUILDING REALM, WE PARTNER WITH LOW INCOME FAMILIES TO IMPROVE THEIR FINANCIAL SITUATIONS BEFORE LEVERAGING THEIR SWEAT EQUITY AND VOLUNTEER LABOR TO BUILD AND SELL THEM A HOME AT A PRICE THEY CAN AFFORD. AS PART OF THIS PROGRAM, WE ALSO ORIGINATE A ZERO INTEREST 30 YEAR MORTGAGE TO FURTHER DRIVE DOWN THEIR MONTHLY EXPENSES. CHARLOTTESVILLE HABITAT IS THE MOST PRODUCTIVE HABITAT AFFILIATE IN THE COUNTRY FOR A SERVICE AREA OF OUR SIZE. WE ARE IN THE PROCESS OF A SIGNIFICANT STEP FUNCTION WITH THE AIM OF DELIVERING A STEADY 40 HOMES ANNUALLY. IN THE BUILDING REALM, WE ALSO DEVELOP MIXED INCOME COMMUNITIES WITH LOTS FOR HABITAT HOMES AND MARKET RATE HOMES WHICH PROVIDE A CROSS SUBSIDY AS WELL AS DIVERSE, BLENDED NEIGHBORHOODS WELCOMING OF PEOPLE FROM ALL BACKGROUNDS. THIS YEAR, WE UTILIZED MORE THAN 9,000 VOLUNTEERS TO WORK ON 37 HOMES IN SIX MIXED INCOME NEIGHBORHOODS. IN THE REBUILDING REALM, OUR FOCUS IS ON THE WHOLESCALE REDEVELOPMENT OF THE 1,350 PERSON SOUTHWOOD MOBILE HOME PARK INTO A NATIONAL-MODEL MIXED-INCOME, MIXED-USE COMMUNITY WITHOUT RESIDENT DISPLACEMENT. THIS YEAR WE BEGAN HOME BUILDING OPERATIONS AT SOUTHWOOD, INCLUDING SUBSTANTIAL COMPLETION OF THE FIRST FIVE OF AN EVENTUAL 1,000 HOMES. PART OF OUR OPERATIONS AT SOUTHWOOD INVOLVES RESPONSIBLE PROPERTY MANAGEMENT OF THE 317-PAD FACILITY AS WE REDEVELOP IT IN MULTIPLE PHASES. THIS YEAR, WE ALSO BEGAN A SIGNIFICANT INCREASE IN REHABILITATION AND CRITICAL HOME REPAIR WORK IN LOUISA AND GREENE COUNTIES WHERE OUR GOAL IS TO HELP AT LEAST 20 FAMILIES STAY IN THEIR HOMES ANNUALLY. IN HOUSING SYSTEM DEVELOPMENT WORK, WE PARTNERED WITH MULTIPLE OTHER ORGANIZATIONS TO HELP BEGIN TO CHANGE THE CONDITIONS THAT CAUSE LOCAL HOUSING POVERTY. AMONG THE SUCCESSES THIS YEAR WERE THE PROMOTION OF A NEW AFFORDABLE HOUSING PLAN IN THE CITY OF CHARLOTTESVILLE, THE ESTABLISHMENT OF A DEDICATED HOUSING FUND IN THE COUNTY OF ALBEMARLE, DISBURSEMENT OF EMERGENCY RENT RELIEF DURING COVID AND THE BEGINNING OF CONSTRUCTION AND OR REDEVELOPMENT OF THE AREA'S PUBLIC HOUSING AND SECTION 8 SUPPORTED RENTAL STOCK USING THE RESIDENT-LED PLANNING METHOD WE PIONEERED AT SOUTHWOOD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Wood Chair | OfficerTrustee | 7.5 | $0 |
Richard Tremblay Vice-Chair | OfficerTrustee | 7.5 | $0 |
Lori Schweller Secretary | OfficerTrustee | 7.5 | $0 |
Doug Gernert Treasurer | OfficerTrustee | 7.5 | $0 |
Cass Bailey Director | Trustee | 5 | $0 |
Rob Archer Director | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Faulconer Construction Company Site Work | 6/29/22 | $3,301,092 |
Colosseum Remodeling Construction Subcontractor | 6/29/22 | $888,516 |
Rooter-man Of Va Plumbing Subcontractor | 6/29/22 | $416,899 |
Digs Inc Site Work | 6/29/22 | $316,375 |
Timmons Group Engineering Services | 6/29/22 | $442,761 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $890,907 |
All other contributions, gifts, grants, and similar amounts not included above | $12,436,640 |
Noncash contributions included in lines 1a–1f | $270,223 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,327,547 |
Total Program Service Revenue | $2,287,642 |
Investment income | $14,454 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$254,588 |
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 | $1,111,814 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,550,354 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $40,000 |
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. | $295,000 |
Compensation of current officers, directors, key employees. | $100,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,259,525 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $415,390 |
Payroll taxes | $194,063 |
Fees for services: Management | $0 |
Fees for services: Legal | $91,461 |
Fees for services: Accounting | $57,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $100,033 |
Advertising and promotion | $15,185 |
Office expenses | $55,321 |
Information technology | $127,712 |
Royalties | $0 |
Occupancy | $429,594 |
Travel | $9,542 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $119,333 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $95,346 |
Insurance | $119,554 |
All other expenses | $92,339 |
Total functional expenses | $10,269,774 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,591,253 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $4,171,955 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,190,302 |
Inventories for sale or use | $27,008 |
Prepaid expenses and deferred charges | $50,547 |
Net Land, buildings, and equipment | $1,516,002 |
Investments—publicly traded securities | $0 |
Investments—other securities | $3,304,447 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $25,747,557 |
Total assets | $40,599,071 |
Accounts payable and accrued expenses | $1,402,748 |
Grants payable | $0 |
Deferred revenue | $112,163 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $12,201 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $14,221,690 |
Unsecured mortgages and notes payable | $153,081 |
Other liabilities | $1,722,131 |
Total liabilities | $17,624,014 |
Net assets without donor restrictions | $18,601,497 |
Net assets with donor restrictions | $4,373,560 |
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 | $40,599,071 |