Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Winstonsalem, 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 06/2023, Habitat For Humanity International Inc employed 85 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 06/2023, Habitat For Humanity International Inc generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $6.2m during the year ending 06/2023. While expenses have increased by 8.3% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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 TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY OF FORSYTH COUNTY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LIST AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSES SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS, AND ISSUING LOW FIXED OR ZERO RATE 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, INSTEAD OF 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 2023, HABITAT FOR HUMANITY OF FORSYTH COUNTY SERVED 11 FAMILIES THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM AND COMPLETED 14 REPAIRS FOR SENIORS IN EXISTING HOMES. FINANCIAL AND HOMEBUYER EDUCATION PROGRAMS: AS PART OF THE HOMEOWNERSHIP PROCESS, WE BELIEVE FINANCIAL EDUCATION BUILDS A MORE SOLID FOUNDATION FOR LONG-TERM PERSONAL SUCCESS AND HELPS ALLEVIATE ANY CONCERNS OR BARRIERS ON THE PATH OF HOMEOWNERSHIP. DURING THESE FINANCIAL EDUCATION CLASSES, WE COVER TOPICS SUCH AS BUDGETING; CREDIT CARDS AND CREDIT REPORTS; DEBT AND LOANS; SAVING, INVESTING AND PLANNING FOR THE FUTURE; EMERGENCY SITUATIONS; AND HABITAT HOMEOWNER MORTGAGES. A MORE IN-DEPTH UNDERSTANDING OF THESE IMPORTANT CONCEPTS IS A TOOL THAT CAN BE USED TO BUILD A BETTER FUTURE. OVERALL, HABITAT OF HUMANITY OF FORSYTH COUNTY CONDUCTED 28 FINANCIAL AND HOMEBUYER WORKSHOPS DURING FY 2023. YOUTH EMPOWERMENT PROGRAM: FOR STUDENTS BETWEEN THE AGES OF 12-17 TO LEARN LIFE SKILLS, FINANCIAL LITERACY, EXPLORE COLLEGE CHOICES, AND PROVIDE OPPORTUNITIES THEY MIGHT NOT OTHERWISE BE ABLE TO EXPERIENCE; 38 FAMILIES BENEFITED FROM THIS PROGRAM AND 4 OTHER FAMILIES BENEFITED FROM FINANCIAL LITERACY CLASSES. HABITAT FORSYTH ALSO OPERATES A RETAIL ESTABLISHMENT (RESTORE) THAT SELLS DONATED MATERIALS AND FURNITURE TO THE PUBLIC. IN ADDITION, HABITAT ALSO PERFORMS REPAIRS FOR LOW-INCOME PERSONS WHO OWN THEIR HOME BUT CANNOT AFFORD THE REPAIRS.


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Board, Officers & Key Employees

Name (title)Compensation
George Redd
Executive Di
$120,003
Heidi Schoonover
Director
$0
Keyra Williams
Director
$0
Kristen Tucker
Director
$0
Mary Ford
Director
$0
Robert Gefaell Jr
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$115,125
Membership dues$0
Fundraising events$28,510
Related organizations$0
Government grants $862,163
All other contributions, gifts, grants, and similar amounts not included above$3,671,537
Noncash contributions included in lines 1a–1f $2,468,091
Total Revenue from Contributions, Gifts, Grants & Similar$4,677,335
Total Program Service Revenue$1,548,077
Investment income $2,467
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $67,760
Net Gain/Loss on Asset Sales $2,575
Net Income from Fundraising Events -$8,895
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,396,678

Peer Organizations

Organization NameAssets
Shelter House Inc
Reston, VA
$18,329,274
Big Canoe Property Owners Association Inc And Subsidiary
Big Canoe, GA
$20,990,952
Alexandria Housing Development Corporation
Alexandria, VA
$12,284,689
Wesley Housing Development Corporation Of Northern Virginia
Alexandria, VA
$13,972,178
Supportworks Housing
Richmond, VA
$14,118,838
Habitat For Humanity International Inc
Memphis, TN
$12,248,424
Our Lady Of Peace Inc
Roanoke, VA
$12,235,323
Appalachia Service Project Inc
Johnson City, TN
$11,655,631
Habitat For Humanity International Inc
Asheville, NC
$11,274,861
Social Housing
Atlanta, GA
$6,091,921
Habitat For Humanity International Inc
Newport News, VA
$8,507,261
Recovery Place Community Services Inc
Savannah, GA
$8,519,899
Habitat For Humanity International Inc
Richmond, VA
$7,408,897
Community Housing Partnership Of Williamson County
Franklin, TN
$9,094,900
Status Home Inc
Atlanta, GA
$7,737,502
American Opportunity Foundation
Atlanta, GA
$5,667,158
True Ground Housing Partners
Arlington, VA
$20,138,513
Atlanta Neighborhood Development Partnership Inc
Atlanta, GA
$11,799,306
United Housing Inc
Memphis, TN
$8,634,919
Habitat For Humanity International Inc
Greenville, SC
$7,023,865
Casa
Raleigh, NC
$9,762,684
Enable Of Georgia Inc
Roswell, GA
$8,662,631
Housing Economic Reinvestment Opportunities Inc
Macon, GA
$5,626,615
Cape Fear Habitat For Humanity Inc
Wilmington, NC
$6,836,565
Companion Foundation
Charleston, SC
$5,916,273

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