Habitat For Humanity International Inc
- Assets
- $11.2m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Fayetteville, NC
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 56-1610250
Organization Overview
Habitat For Humanity International Inc is located in Fayetteville, 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 06/2022, Habitat For Humanity International Inc employed 18 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 $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $3.5m during the year ending 06/2022. While expenses have increased by 5.3% 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
SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE. A SAFE, DECENT PLACE TO LIVE IS THE CORNERSTONE OF A STRONG COMMUNITY. OUR VISION IS A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION SERVICES IN PARTNERSHIP WITH CORPORATIONS, FOUNDATIONS, FAITH ORGANIZATIONS, CIVIC ORGANIZATIONS AND INDIVIDUALS, FAYETTEVILLE HABITAT COMPLETED 30 NEW HOMES AND RESTORED 69 HOMES. FAYETTEVILLE AREA HABITAT FOR HUMANITY'S HOMEOWNERSHIP PROGRAM IS A UNIQUE ECONOMIC MODEL DESIGNED TO PROMOTE FINANCIAL SELFSUFFICIENCY. THROUGH THE SUPPORT OF VOLUNTEER CONSTRUCTION CREWS, HABITAT IS ABLE TO OFFER FAMILIES AFFORDABLE MORTGAGES. DURING THE LIFE OF THE MORTGAGE, EACH MONTHLY PAYMENT IS RECYCLED INTO THE OPERATING BUDGET TO HELP FINANCE FUTURE HOMES.
RESTORE SERVICES: THE HABITAT RESTORE PROVIDES REVENUE FOR OUR AFFORDABLE HOMEOWNERSHIP MISSION AND TO PROVIDE HOME FURNISHING, APPLIANCES, BUILDING MATERIALS, AND OTHER ITEMS TO OUR HOMEOWNERS AND THE GENERAL PUBLIC AT A GREATLY REDUCED COST. BUSINESSES AND INDIVIDUALS DONATE NEW AND USED ITEMS TO THE STORE. HOMEOWNERS AND OTHERS VOLUNTEER IN THE STORE, KEEPING THE OPERATING EXPENSES AS LOW AS POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Allred President | OfficerTrustee | 1 | $0 |
Kimberly Bakhakh Secretary | OfficerTrustee | 1 | $0 |
Eddie Bray Board Member | OfficerTrustee | 1 | $0 |
Scott Cummings Board Member | Trustee | 1 | $0 |
Scott Dooley Board Member | Trustee | 1 | $0 |
Barney Grady Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,372,013 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,053,057 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,425,070 |
| Total Program Service Revenue | $585,268 |
| Investment income | $512,035 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,641,703 |
| 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 | $739,332 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $55,051 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,188 |
| Advertising and promotion | $6,370 |
| Office expenses | $155,255 |
| Information technology | $7,117 |
| Royalties | $0 |
| Occupancy | $106,747 |
| Travel | $14,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $101,648 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,274 |
| Insurance | $100,371 |
| All other expenses | $2,708 |
| Total functional expenses | $3,526,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,290 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,158 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,841,326 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $732,565 |
| Investments—publicly traded securities | $4,031,048 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,069,671 |
| Total assets | $11,151,058 |
| Accounts payable and accrued expenses | $13,183 |
| 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 | $2,189,585 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,213 |
| Total liabilities | $2,205,981 |
| Net assets without donor restrictions | $8,945,077 |
| Net assets with donor restrictions | $0 |
| 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 | $11,151,058 |