Habitat For Humanity International Inc is located in New Bern, 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 27 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 $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 74.9% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 62.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEEKING TO PUT GODS LOVE INTO ACTION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SELLS THE HOMES TO PRE-QUALIFIED, LOW-INCOME FAMILIES WHO HAVE ACTIVELY PARTICIPATED IN THE CONSTRUCTION PROCESS. THE NEW HOMEOWNERS RECEIVE AN INTEREST-FREE LOAN TO FINANCE THE PURCHASE AND PAY IT OFF IN THE SAME WAY AS A TRADITIONAL MORTGAGE. THE ORGANIZATION SEEKS TO BUILD 2 OR MORE HOMES EACH YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Williams Executive Director Through June 2022 | Officer | 40 | $76,115 |
Cinda Hill Chair | OfficerTrustee | 2 | $0 |
Rose Macneal Vice Chair | OfficerTrustee | 2 | $0 |
David Wilkins Treasurer | OfficerTrustee | 2 | $0 |
Eileen Nonemaker Secretary | OfficerTrustee | 2 | $0 |
Mary Brown Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $5,000 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $39,547 |
All other contributions, gifts, grants, and similar amounts not included above | $1,604,535 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,649,082 |
Total Program Service Revenue | $824,242 |
Investment income | $31 |
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 | $2,478,741 |
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. | $78,826 |
Compensation of current officers, directors, key employees. | $78,826 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $451,737 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $28,343 |
Payroll taxes | $44,240 |
Fees for services: Management | $4,420 |
Fees for services: Legal | $786 |
Fees for services: Accounting | $23,262 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,079 |
Fees for services: Other | $22,165 |
Advertising and promotion | $4,578 |
Office expenses | $39,708 |
Information technology | $2,119 |
Royalties | $0 |
Occupancy | $45,656 |
Travel | $21,946 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,218 |
Interest | $19,810 |
Payments to affiliates | $10,000 |
Depreciation, depletion, and amortization | $0 |
Insurance | $32,316 |
All other expenses | $35,718 |
Total functional expenses | $1,350,115 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $196,463 |
Savings and temporary cash investments | $916,976 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $38,213 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,516,190 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $290,067 |
Investments—publicly traded securities | $32,793 |
Investments—other securities | $0 |
Investments—program-related | $298,647 |
Intangible assets | $0 |
Other assets | $64,536 |
Total assets | $3,353,885 |
Accounts payable and accrued expenses | $78,375 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $125,105 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $676,989 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $880,469 |
Net assets without donor restrictions | $2,434,458 |
Net assets with donor restrictions | $38,958 |
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 | $3,353,885 |