Habitat For Humanity International
- Assets
- $1.9m
- Revenue
- $593.2k
- Investments
- $0.0
- Employees
- 43
- Location
- Franklin, NC
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 56-1854120
Organization Overview
Habitat For Humanity International is located in Franklin, 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 employed 43 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International 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 generated $593.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $669.1k during the year ending 06/2023. While expenses have increased by 1.9% 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
TO CONSTRUCT AND PROVIDE HOUSING TO MACON AND JACKSON COUNTY RESIDENTS WHO EXHBIT A TRUE NEED FOR DECENT HOUSING AND THE ABILITY TO REPAY A ZERO INTEREST LOAN AND WILLINGNESS TO PARTNER WITH HABITAT
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCT AND PROVIDE HOUSING TO MACON AND JACKSON COUNTY RESIDENTS WHO EXIBIT A TRUE NEED FOR DECENT HOUSING AND ABILITY TO REPAY A ZERO INTEREST LOAN AND WILLINGNESS TO PARTNER WITH HABITAT PROVIDE OUTREACH SERVICES TO THE COMMUNITY FOR REPAIRS TO EXISTING HOMES FOR NEEDY FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurel Klonkowski Director | Trustee | 2 | $0 |
Doug Houston Director | Trustee | 2 | $0 |
Henry Fincher Director | Trustee | 2 | $0 |
Stephen Dunn Director | Trustee | 0 | $0 |
Wendy Cloer Director | Trustee | 2 | $0 |
Rick Westerman Executive Director | OfficerTrustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,262 |
| Related organizations | $0 |
| Government grants | $77,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,822 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,084 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| 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 | -$73,036 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $593,212 |
| 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. | $67,200 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $286,021 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,150 |
| Payroll taxes | $27,626 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,171 |
| Office expenses | $14,974 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,018 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,353 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,437 |
| Insurance | $38,326 |
| All other expenses | $8,253 |
| Total functional expenses | $669,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,718 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,226 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $328,250 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,314,313 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,662 |
| Total assets | $1,877,169 |
| Accounts payable and accrued expenses | $0 |
| 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 | $726,645 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $61,234 |
| Total liabilities | $787,879 |
| Net assets without donor restrictions | $1,089,290 |
| 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 | $1,877,169 |