Habitat For Humanity International Inc
- Assets
- $2.8m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 39
- Location
- Charleston, WV
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 55-0679539
Organization Overview
Habitat For Humanity International Inc is located in Charleston, WV. 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 39 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 $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. 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
CONSTRUCTION OF SAFE, DECENT, AFFORDABLE HOUSES FOR ECONOMICALLY DISADVANTAGED MEMBERS OF KANAWHA ND PUTNAM COUNTY COMMUNITIES. PROVIDING FINANCIAL LITERACY AND HOMEOWNER EDUCATION OPPORTUNITIES. OPERATION OF RESTORES SELLING DONATED ITEMS INCLUDING CONSTRUCTION MATERIALS, HOME FURNISHINGS, APPLIANCES, AND OTHER HOUSEHOLD ITEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION BUILDS SIMPLE, DECENT HOUSES USING MODERN CONSTRUCTION MATERIALS AND TECHNIQUES USING VOLUNTEER AND PAID LABOR. THESE HOUSES ARE SOLD TO APPROVED HOMEBUYERS WHO COMPLETE AN 18-WEEK EDUCATION PROGRAM AND WHO INVEST AT LEAST 250 HOURS IN SWEAT-EQUITY BUILDING THEIR OWN HOME. THE ORGANIZATION FINANCES THE HOUSES IT SELLS WITH NON-INTEREST BEARING MORTGAGES; THE DIFFERENCE BETWEEN THE FAIR-MARKET VALUE AND THE MORTGAGE IS EXPENSED. ADDITIONAL REVENUE IS GENERATED BY ITS TWO RESTORE RETAIL STORES THAT SELL DONATED HOUSEHOLD ITEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Kesling President | Trustee | 1 | $0 |
Tim Paxton Vice-President | Trustee | 1 | $0 |
Chris Nice Treasurer | Trustee | 1 | $0 |
Andy Altman Secretary | Trustee | 1 | $0 |
Terri Doddrill Director | Trustee | 1 | $0 |
Jim Tolley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,552 |
| Investment income | $204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $490,549 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,009,990 |
| Statement of Expenses | |
|---|---|
| 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. | $109,167 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,836 |
| Pension plan accruals and contributions | $3,387 |
| Other employee benefits | $0 |
| Payroll taxes | $19,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,197 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,062 |
| Travel | $2,121 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,897 |
| Payments to affiliates | $8,000 |
| Depreciation, depletion, and amortization | $72,175 |
| Insurance | $71,092 |
| All other expenses | $0 |
| Total functional expenses | $1,212,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,101 |
| Savings and temporary cash investments | $0 |
| 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 | $857,079 |
| Inventories for sale or use | $470,197 |
| Prepaid expenses and deferred charges | $26,026 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,758,751 |
| Accounts payable and accrued expenses | $51,138 |
| 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 | $644,317 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,800 |
| Total liabilities | $697,255 |
| Net assets without donor restrictions | $2,018,146 |
| Net assets with donor restrictions | $43,350 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,061,496 |