Habitat For Humanity Orange County
- Assets
- $26.5m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 38
- Location
- Chapel Hill, NC
- Founding
- 05/1985
- Data as of
- 06/2022
- EIN
- 58-1603427
Organization Overview
Habitat For Humanity Orange County is located in Chapel Hill, NC. The organization was established in 1985. 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 06/2022, Habitat For Humanity Orange County employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Orange County 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 Orange County generated $12.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $4.5m during the year ending 06/2022. While expenses have increased by 6.4% 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
HABITAT FOR HUMANITY OF ORANGE COUNTY BUILDS AND SELLS HOMES WITH AFFORDABLE MORTGAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE 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 FISCAL YEAR 2022, HABITAT FOR HUMANITY OF ORANGE COUNTY SERVED MORE THAN 50 PEOPLE THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM.
HOME PRESERVATION PROGRAM: OUR HOME PRESERVATION PROGRAM IS AN OUTREACH INITIATIVE 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 HOME AND AVOID THE UNCERTAINTY, TRAUMA, AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE, AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF HABITAT FOR HUMANITY OF ORANGE COUNTY STAFF MEMBERS TO COMPLETE THE REPAIRS. SINCE THE INCEPTION OF THE HOME PRESERVATION PROGRAM, HABITAT FOR HUMANITY OF ORANGE COUNTY HAS PARTNERED WITH 230 LOCAL HOMEOWNERS, WITH 23 HOMEOWNERS SERVED DURING FY22.
THE HABITAT FOR HUMANITY RESTORE IS A NON-PROFIT HOME IMPROVEMENT STORE AND DONATION CENTER THAT SELLS NEW AND GENTLY USED FURNITURE, HOME ACCESSORIES, BUILDING MATERIALS, AND APPLIANCES TO THE PUBLIC AT A FRACTION OF THE RETAIL PRICE. THE LOCAL HABITAT FOR HUMANITY RESTORES ARE PROUDLY OPERATED BY THE WAKE HABITAT FOR HUMANITY AFFILIATE VIA AN AGREEMENT WITH WAKE, ORANGE, AND DURHAM HABITAT AFFILIATES, WHO SHARE PROCEEDS OF ALL TRIANGLE NC RESTORES BASED ON DONATIONS BY COUNTY. PROCEEDS ARE USED TO BUILD HOMES, COMMUNITY, AND HOPE LOCALLY AND AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cami Schupp Chair | OfficerTrustee | 2 | $0 |
Betsy Blackwell 1st Vice Chair | OfficerTrustee | 2 | $0 |
Anna Wu 2nd Vice Chair | OfficerTrustee | 2 | $0 |
Cathy Bryson Secretary | OfficerTrustee | 2 | $0 |
Michael Zuber Treasurer | OfficerTrustee | 2 | $0 |
Elam Hall Past Chair | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ballentine Associates Land Developmt/engineering | 6/29/20 | $222,441 |
Hannah Utilities Inc Land Developmt/infrastructure | 6/29/20 | $127,121 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $288,839 |
| Related organizations | $0 |
| Government grants | $1,598,222 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,256,551 |
| Noncash contributions included in lines 1a–1f | $238,995 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,143,612 |
| Total Program Service Revenue | $1,814,223 |
| Investment income | $11,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,279 |
| Net Gain/Loss on Asset Sales | -$687 |
| Net Income from Fundraising Events | -$2,591 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,974,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
| 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. | $209,380 |
| Compensation of current officers, directors, key employees. | $126,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,201,101 |
| Pension plan accruals and contributions | $21,948 |
| Other employee benefits | $178,666 |
| Payroll taxes | $101,183 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,590 |
| Fees for services: Accounting | $26,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $47,746 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,089 |
| Advertising and promotion | $71,401 |
| Office expenses | $83,075 |
| Information technology | $36,916 |
| Royalties | $0 |
| Occupancy | $84,247 |
| Travel | $10,763 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,157 |
| Interest | $27,972 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,326 |
| Insurance | $50,182 |
| All other expenses | $445,201 |
| Total functional expenses | $4,477,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,329 |
| Savings and temporary cash investments | $9,273,924 |
| Pledges and grants receivable | $953,259 |
| Accounts receivable, net | $244,593 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $52,823 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $6,619,853 |
| Intangible assets | $0 |
| Other assets | $9,336,418 |
| Total assets | $26,519,199 |
| Accounts payable and accrued expenses | $1,004,119 |
| Grants payable | $0 |
| Deferred revenue | $30,033 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $135,571 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,254,354 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,146,144 |
| Total liabilities | $5,570,221 |
| Net assets without donor restrictions | $20,833,547 |
| Net assets with donor restrictions | $115,431 |
| 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 | $26,519,199 |