Habitat For Humanity International Inc
- Assets
- $1.4m
- Revenue
- $445.3k
- Investments
- $0.0
- Employees
- 12
- Location
- Shelby, NC
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 56-1597080
Organization Overview
Habitat For Humanity International Inc is located in Shelby, 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 12 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 $445.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $326.9k during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY OF CLEVELAND COUNTY IS PART OF A WORLDWIDE CHRISTIAN HOUSING MINISTRY. HFHCC BUILDS HOMES IN CLEVELAND COUNTY AND WITH OUR AFFILIATION TO HFH INTERNATIONAL, WE SUPPORT BUILDING AFFORDABLE HOUSING ACROSS THE GLOBE. WE BELIEVE AFFORDABLE HOUSING BUILDS FAMILIES AND COMMUNITIES. WE ARE IN THE CONSTRUCTION BUSINESS AND OPERATE LIKE OTHER HOME BUILDERS. WE HAVE A LICENSED CONTRACTOR TO SUPERVISE THE CONSTRUCTION OF THE HOUSES AND USE AS MUCH VOLUNTEER WORK AS POSSIBLE TO CONSTRUCT HOUSES. WE RECRUIT AND ORGANIZE VOLUNTEERS YEAR-ROUND. WE SELECT PARTNER FAMILIES THROUGH AN INTENSIVE APPLICATION PROCESS. PARTNER FAMILIES WORK ON THEIR OWN HOUSE, AS WELL AS OTHERS AND ARE REQUIRED TO PUT IN "SWEAT EQUITY." HOUSES ARE SOLD TO PARTNER FAMILIES AT BUILD COST AT ZERO PERCENT INTEREST. WE ALSO OPERATE A RETAIL BUSINESS SELLING DONATED ITEMS THROUGH OUR RESTORE WHICH PROVIDES FUNDS FOR OPERATING EXPENSES AND BUYING MATERIALS. WE RAISE FUNDS THROUGH GRANTS, PARTNERSHIPS, AND DONA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAD TWO HOMES UNDER CONSTRUCTION AT THE END OF THE FISCAL YEAR. THE PROCEEDS FROM HOME SALES WILL BE USED FOR FUTURE CONSTRUCTION COSTS.
THE ORGANIZATION WORKS EXTENSIVELY WITH EXISTING HOMEOWNERS TO CONTINUE TO EDUCATE AND REINFORCE SKILLS NECESSARY FOR SUCCESSFUL HOMEOWNERSHIP. ALSO, THEY PROVIDE NEW AND POTENTIAL HOMEOWNERS WITH THE TOOLS AND RESOURSES NECESSARY TO BE BEGIN THE PROCESS OF BECOMING HOMEOWNERS. THE ORGANIZATION WORKS WITH COMMUNITY LEADERS AND ORGANIZATIONS TO BRING AWARENESS FOR THE NEED OF QUALITY, SAFE AND AFFORDABLE HOUSING TO DISADVANTAGED FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Allen Executive Di | Officer | 40 | $54,000 |
Romelle Blanton Director | Trustee | 1 | $0 |
Charlie Bridges Associate Me | Trustee | 1 | $0 |
Cara Elmore Director | Trustee | 1 | $0 |
Karla Haynes Family Servi | Trustee | 1 | $0 |
Sean Hickman Director | 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 | $159,596 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,596 |
| Total Program Service Revenue | $0 |
| Investment income | $22,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $643 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $236,420 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $445,270 |
| 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 | $199,073 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,793 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,668 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,151 |
| Interest | $6,161 |
| Payments to affiliates | $5,250 |
| Depreciation, depletion, and amortization | $8,934 |
| Insurance | $17,527 |
| All other expenses | $23,456 |
| Total functional expenses | $326,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,192 |
| 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 | $628,526 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $669,211 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,474 |
| Total assets | $1,423,403 |
| Accounts payable and accrued expenses | $28,369 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $22,373 |
| 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 | $154,091 |
| Total liabilities | $204,833 |
| Net assets without donor restrictions | $1,208,570 |
| Net assets with donor restrictions | $10,000 |
| 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 | $1,423,403 |