Habitat For Humanity International Inc
- Assets
- $26.4m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 68
- Location
- Asheville, NC
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 56-1363464
Organization Overview
Habitat For Humanity International Inc is located in Asheville, NC. 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, Habitat For Humanity International Inc employed 68 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 06/2021, Habitat For Humanity International Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $5.9m during the year ending 06/2021. While expenses have increased by 7.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEEKING TO PUT GOD'S LOVE INTO ACTION, ASHEVILLE AREA HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE.
Describe the Organization's Program Activity:
THE ORGANIZATION BUILDS, SELLS AND REPAIRS HOMES FOR FAMILIES IN NEED. CONSTRUCTION AND THE SALE OF 12 HOMES WERE COMPLETED DURING THE FISCAL YEAR ENDING JUNE 30, 2021. PERSONS SERVED TOTALED 18 ADULTS AND 21 CHILDREN. OF THESE HOMES, 8 WERE HEADED BY FEMALES AND 1 HOME WAS PURCHASED BY A CAUCASION MARRIED COUPLE. 0 HOMES (0%) OF THE FAMILIES WERE BELOW 25% OF THE AREA MEDIAN INCOME, 4 HOMES (33%) WERE BELOW 50% OF THE AREA MEDIAN INCOME AND 8 HOMES (67%) WERE BELOW 70% OF THE AREA MEDIAN INCOME. 7 FAMILIES HAD AFRICAN-AMERICAN MEMBERS, 1 HAD ASIAN-AMERICAN MEMBERS AND 1 HOME WAS HEADED BY A SINGLE PARENT. A NEW "AGING-IN-PLACE" HOME STYLE WITH ACCESSIBILITY FEATURES GEARED TOWARD AGING SENIORS WAS ADDED THIS YEAR TO ACCOMODATE THE NEED FOR OLDER ADULTS.THE ORGANIZATION ALSO PRESERVED EXISTING HOMES THROUGH THE REPAIR OF 48 HOMES. THIS INCLUDES THE HOMES OF 8 VETERANS, 42 ELDERLY AND 39 FAMILIES HEADED BY FEMALES. 10 HOUSEHOLDS WERE BELOW 25% OF THE AREA MEDIAN INCOME, 29 WERE BETWEEN 25%-50% OF THE AREA MEDIAN INCOME AND 9 HOUSEHOLDS WERE BETWEEN 50%-70% OF THE AREA MEDIAN INCOME. FOR THE FISCAL YEAR 408 VOLUNTEERS DONATED 23,953 HOURS OF TIME. THIS WAS A DROP DUE TO COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Andrew Barnett Executive Director | Officer | 40 | $96,716 |
Edward Mcgowan Finance Director | Officer | 40 | $93,519 |
Kevin Click President | OfficerTrustee | 1 | $0 |
Rebecca Lawton Vice President | OfficerTrustee | 1 | $0 |
Joe Ward Treasurer | OfficerTrustee | 1 | $0 |
Kevin Watson Assistant Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Scg - Weaverville Llc South Coast Group Property Managment | 6/29/21 | $199,165 |
Barnett Plumbing Company Plumbing Contractor | 6/29/21 | $136,915 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $776,858 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,247,764 |
| Noncash contributions included in lines 1a–1f | $73,138 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,024,622 |
| Total Program Service Revenue | $3,151,414 |
| Investment income | $170,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $54,062 |
| Net Gain/Loss on Asset Sales | $33,877 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $622,645 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,127,520 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,792 |
| 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. | $227,030 |
| Compensation of current officers, directors, key employees. | $38,685 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $927,683 |
| Pension plan accruals and contributions | $37,247 |
| Other employee benefits | $124,537 |
| Payroll taxes | $82,393 |
| Fees for services: Management | $3,554 |
| Fees for services: Legal | $12,340 |
| Fees for services: Accounting | $28,642 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,887 |
| Advertising and promotion | $6,776 |
| Office expenses | $0 |
| Information technology | $72,050 |
| Royalties | $0 |
| Occupancy | $27,216 |
| Travel | $8,698 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $190,199 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $88,180 |
| Insurance | $18,863 |
| All other expenses | $197,098 |
| Total functional expenses | $5,882,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,705 |
| Savings and temporary cash investments | $3,668,545 |
| Pledges and grants receivable | $113,082 |
| Accounts receivable, net | $35,550 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $9,350,881 |
| Inventories for sale or use | $3,113,836 |
| Prepaid expenses and deferred charges | $49,196 |
| Net Land, buildings, and equipment | $8,234,938 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $827,575 |
| Intangible assets | $0 |
| Other assets | $728,166 |
| Total assets | $26,384,474 |
| Accounts payable and accrued expenses | $393,723 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $258,956 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,608,836 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,261,515 |
| Net assets without donor restrictions | $12,041,625 |
| Net assets with donor restrictions | $3,081,334 |
| 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 | $26,384,474 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Habitat For Humanity International Inc has recieved totaling $433,984.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $192,501 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: BUILDING COMMUNITY & ECONOMIC VITALITY | $89,408 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $84,350 |
American Endowment Foundation Hudson, OH PURPOSE: HOUSING, SHELTER | $28,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $27,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $10,000 |
Endowment Analysis
| Beg. Balance | $641,135 |
| Earnings | $157,378 |
| Admin Expense | $16,164 |
| Net Contributions | $45,226 |
| Ending Balance | $827,575 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
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 |
Virginia Supportive Housing Richmond, VA | $30,778,021 | $11,444,363 |
Habitat For Humanity International Inc Memphis, TN | $13,622,959 | $12,248,424 |
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |