Transylvania Habitat For Humanity Inc
- Assets
- $5.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 15
- Location
- Brevard, NC
- Founding
- 10/1986
- Data as of
- 06/2023
- EIN
- 58-1581118
Organization Overview
Transylvania Habitat For Humanity Inc is located in Brevard, NC. The organization was established in 1986. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Transylvania Habitat For Humanity Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transylvania Habitat For Humanity 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, Transylvania Habitat For Humanity Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $841.6k during the year ending 06/2023. While expenses have increased by 10.6% 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
THE ORGANIZATION'S MISSION IS THE PROVISION OF AFFORDABLE HOUSING FOR THOSE OF THE COMMUNITY LIVING IN SUBSTANDARD CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HOUSING FOR ECONOMICALLY DISADVANTAGED FAMILIES.
TO PROVIDE HOUSING FOR ECONOMICALLY DISADVANTAGED FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Biggerstaff President | OfficerTrustee | 5 | $0 |
Phil Ham Vice Preside | OfficerTrustee | 2 | $0 |
Alex Tilly Treasurer | OfficerTrustee | 2 | $0 |
Michael Childers Board Member | Trustee | 2 | $0 |
Michelle Grecni Board Member | Trustee | 2 | $0 |
Roy Hill Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $124,567 |
| All other contributions, gifts, grants, and similar amounts not included above | $714,343 |
| Noncash contributions included in lines 1a–1f | $89,454 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $838,910 |
| Total Program Service Revenue | $676,639 |
| Investment income | $7,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,841 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $228,070 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,782,068 |
| 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 | $436,757 |
| Pension plan accruals and contributions | $7,705 |
| Other employee benefits | $1,264 |
| Payroll taxes | $27,061 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27 |
| Fees for services: Accounting | $10,862 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $736 |
| Advertising and promotion | $6,469 |
| Office expenses | $12,385 |
| Information technology | $4,369 |
| Royalties | $0 |
| Occupancy | $2,281 |
| Travel | $5,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $1,133 |
| Depreciation, depletion, and amortization | $26,759 |
| Insurance | $18,335 |
| All other expenses | $25,566 |
| Total functional expenses | $841,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $647,902 |
| Savings and temporary cash investments | $753,186 |
| Pledges and grants receivable | $30,000 |
| Accounts receivable, net | $22,223 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,032 |
| Inventories for sale or use | $338,704 |
| Prepaid expenses and deferred charges | $16,941 |
| Net Land, buildings, and equipment | $1,495,398 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,837,645 |
| Total assets | $5,157,031 |
| Accounts payable and accrued expenses | $66,933 |
| 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 | $431,562 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $761,701 |
| Total liabilities | $1,260,196 |
| Net assets without donor restrictions | $3,791,835 |
| Net assets with donor restrictions | $105,000 |
| 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 | $5,157,031 |