Habitat For Humanity International Inc is located in Georgetown, SC. 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 11 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 $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 5.0% per year over the past 6 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, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME OWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT GEORGETOWN IS A NONPROFIT, CHRISTIAN-BASED ORGANIZATION THAT BUILDS DECENT, AFFORDABLE HOMES FOR LOW-INCOME WORKING FAMILIES WHO PREQUALITY FOR OUR HOMEOWERSHIP PROGRAMS. HABITAT GEORGETOWN HAS BUILT MORE THAN 110 HOMES SINCE IT BECAME AN AFFILIATE IN 1991. WE SEEK TO BUILD AT LEAST 3 HOMES PER YEAR. HABITAT GEORGETOWN HOMES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNERS FAMILYS NEEDS BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. WE BUILD 2 TO 5 BEDROOM HOMES IN OUR TRADITIONAL HOMEOWNERSHIP PROGRAM. HABITAT GEORGETOWN FAMILIES CONTRIBUTE 300 HOURS OF SWEAT EQUITY TO THE PROGRAM BY BUILDING THEIR OWN HOME, HELPING ANOTHER HABITAT FAMILY BUILD A HOME, OR WORKING IN SOME OTHER AREA OF THE HABITAT GEORGETOWN ORGANIZATION. OUR OTHER HOMEOWNERSHIP PROGRAM INCLUDES 1 BEDROOM ENERGY-EFFICIENT HOMES FOR SENIORS IN OUR COTTAGE PROGRAM, IN WHICH HOMEOWNERS ARE REQUIRED TO COMPLETE 100 SWEAT EQUITY HOURS. WITH THE HELP OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, IMPLEMENTING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-INTEREST LOANS, HABITAT GEORGETOWN MAKES OUR HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOME OWNERSHIP HELPS CREATE 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 FY2021, HABITAT GEORGETOWN SERVED MORE THAN 6 PEOPLE THROUGH OUR LONG-TERM HOMEOWNERSHIP PROGRAM.
HOMEOWNER EDUCATION PROGRAM: AS PART OF THE HOMEOWNERSHIP PROCESS, HABITAT GEORGETOWN BELIEVES FINANCIAL EDUCATION BUILDS A MORE SOLID FOUNDATION FOR LONG-TERM PERSONAL SUCCESS AND HELPS ALLEVIATE ANY CONCERNS OR BARRIERS ON THE PATH TO 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 FOR OUR NEIGHBORS. HABITAT GEORGETOWN HAS CONDUCTED MORE THAN 12 FINANCIAL AND HOMEOWNERSHIP WORKSHOPS DURING FY2021.
HOME PRESERVATION (REPAIRS) PROGRAM: OUR HOME REPAIR PROGRAM IS AN OUTREACH INTITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW-TO-MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOMES AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS, AND SOMETIMES SUBCONTRACTORS WORK UNDER THE DIRECTION OF HABITAT GEORGETOWN AND OUR REPAIR MANAGER TO COMPLETE THE REPAIRS. HABITAT GEORGETOWN HAS PARTNERED WITH MORE THAN 32 HOMEOWNERS SINCE THE BEGINNING OF THE REPAIR PROGRAM IN 2020. WE HAVE REPLACED MORE THAN 150 WINDOWS, INSTALLED SEVERAL RAMPS, REPLACED MORE THAN 5 ROOFS, PRESSURE WASHED AND PAINTED DOZENS OF HOMES, AND REPAIRED ROTTEN SIDING. VOLUNTEERS HAVE CONTRIBUTED MORE THAN 15,000 HOURS TO OUR REPAIR PROGRAM AND HABITAT GEORGETOWN HAS INVESTED MORE THAN $100,000 WITH LOCAL SUBCONTRACTORS UNDER HABITAT GEORGETOWNS DIRECTION. WE ALSO RECEIVED CERTIFICATION FOR THE ORGANIZATIONS AGING IN PLACE PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Gassler Executive Director | Officer | 40 | $87,336 |
Lindy Mickle Board Member | Trustee | 2 | $0 |
Rhonda Sawyer Board Member | Trustee | 2 | $0 |
Heather Farish Board Member | Trustee | 2 | $0 |
Seth Frederick Board Member | Trustee | 2 | $0 |
Noel Rinehart Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $110,105 |
Related organizations | $0 |
Government grants | $200,000 |
All other contributions, gifts, grants, and similar amounts not included above | $457,758 |
Noncash contributions included in lines 1a–1f | $12,063 |
Total Revenue from Contributions, Gifts, Grants & Similar | $767,863 |
Total Program Service Revenue | $445,887 |
Investment income | $1,443 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$7,507 |
Net Income from Fundraising Events | -$26,993 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $422,806 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,653,105 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $476,737 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $87,336 |
Compensation of current officers, directors, key employees. | $8,734 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $431,593 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $33,055 |
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 | $23,425 |
Advertising and promotion | $5,939 |
Office expenses | $1,644 |
Information technology | $9,380 |
Royalties | $0 |
Occupancy | $95,257 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,242 |
Interest | $1,909 |
Payments to affiliates | $12,200 |
Depreciation, depletion, and amortization | $33,690 |
Insurance | $94,916 |
All other expenses | $60,511 |
Total functional expenses | $1,504,843 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $586,953 |
Savings and temporary cash investments | $1,237,522 |
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 | $1,542,109 |
Inventories for sale or use | $168,824 |
Prepaid expenses and deferred charges | $7,500 |
Net Land, buildings, and equipment | $206,149 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,749,057 |
Accounts payable and accrued expenses | $26,193 |
Grants payable | $0 |
Deferred revenue | $1,141,810 |
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 | $41,660 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,209,663 |
Net assets without donor restrictions | $1,988,873 |
Net assets with donor restrictions | $550,521 |
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 | $3,749,057 |