Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Tacoma, WA. 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 Inc employed 83 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 06/2023, Habitat For Humanity International Inc generated $8.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $7.2m during the year ending 06/2023. While expenses have increased by 6.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

BUILD SIMPLE, DECENT, AFFORDABLE HOMES FOR LOW INCOME FAMILIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TACOMA/PIERCE COUNTY HABITAT FOR HUMANITY PARTNERS WITH FAMILIES IN NEED TO BUILD, OWN AND MAINTAIN DECENT, AFFORDABLE HOMES IN SAFE COMMUNITIES.FOUNDED IN 1985, TACOMA/PIERCE COUNTY HABITAT HAS BUILT, RENOVATED OR REPAIRED OVER 321 HOMES SERVING OVER 3,500 ADULTS AND CHILDREN. HABITAT HOMEOWNERS ACHIEVE THE STRENGTH, STABILITY AND SELF-RELIANCE THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES. FROM ITS CONCEPTION, HABITAT FOR HUMANITY HAS BEEN BUILT ON PARTNERSHIPS - PARTNERSHIPS WITH FAMILIES, CHURCHES, AREA CORPORATIONS, COMMUNITY ORGANIZATIONS, AND INDIVIDUALS. WE BELIEVE IN THE POWER OF FAMILIES WORKING SIDE BY SIDE WITH VOLUNTEERS TO BUILD HABITAT HOMES. EVERY YEAR, NEARLY 900 VOLUNTEERS HELP US BUILD HOMES, WORK IN THE OFFICE, AND WORK IN THE ORGANIZATION'S RETAIL STORES. VOLUNTEERS HELP KEEP THE COST OF CONSTRUCTION LOW, MAKING HABITAT ONE OF THE MOST AFFORDABLE HOUSING SOLUTIONS IN THE WORLD. AS ACTIVE PARTICIPANTS IN BUILDING A BETTER FUTURE FOR THEMSELVES AND THEIR FAMILIES, HABITAT HOUSEHOLDS GET A HAND UP, NOT A HANDOUT. TACOMA HABITAT CREATES AND MAINTAINS AFFORDABLE HOUSING THROUGH: HOMEOWNERSHIP: TACOMA HABITAT PROVIDES AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR PIERCE COUNTY FAMILIES EARNING BETWEEN 30-80% OF THE AREA MEDIAN INCOME. HABITAT FOR HUMANITY HAS THREE MAIN ELIGIBILITY REQUIREMENTS FOR THE PROGRAM: NEED, WILLINGNESS TO PARTNER, AND ABILITY TO PAY. HOMEOWNERS PAY AN AFFORDABLE MONTHLY MORTGAGE THAT DOES NOT EXCEED 30% OF THEIR INCOME AND COMMITS TO SWEAT EQUITY HOURS TO BUILD THEIR HOME AND THOSE OF THEIR HABITAT NEIGHBORS. TACOMA HABITAT BUILDS AND SELLS ABOUT 8-12 NEW HOMES EVERY YEAR. IN FISCAL YEAR 2023, TACOMA HABITAT SOLD THREE HOMES. HABITAT IS CURRENTLY BUILDING A 12-TOWNHOME DEVELOPMENT IN TILLICUM AND A 3-HOME DEVELOPMENT IN GIG HARBOR. ALL HABITAT HOMES FEATURE ENERGY EFFICIENT APPLIANCES AND WATER CONSERVING LOW FLOW PLUMBING FIXTURES. THE HOMES FEATURE INSULATION THAT EXCEED BUILDING CODE REQUIREMENTS AS WELL AS HIGH PERFORMANCE WINDOWS TO ENSURE THEY ARE ECONOMICAL TO HEAT. HOUSING COUNSELING: TACOMA HABITAT BECAME A HUD-CERTIFIED HOUSING COUNSELING AGENCY IN 2020. HOUSING COUNSELORS WORK CLOSELY WITH FAMILIES IN NEED AS THEY NAVIGATE HOMEOWNERSHIP OPTIONS. HOMEOWNERSHIP COUNSELING INCLUDES: PRE-PURCHASE COUNSELING, HOMEBUYER EDUCATION AND NON-DELINQUENT POST PURCHASE. CRITICAL HOME REPAIR: TACOMA HABITAT PROVIDES HOME REPAIR AND MODIFICATIONS TO HOMEOWNER SENIORS, VETERANS AND PERSONS WITH DISABILITIES TO HELP MAINTAIN A SAFE AND LIVABLE HOME TO AGE IN PLACE GRACEFULLY AND INDEPENDENTLY. GLOBAL HOUSING: HABITAT MAY WORK IN TACOMA/PIERCE COUNTY, BUT THERE IS ALSO WORK AROUND THE WORLD. IN A TYPICAL YEAR, TACOMA HABITAT OFFERS GLOBAL VILLAGE TRIPS FOR VOLUNTEERS. DURING A TRIP, VOLUNTEERS EXPERIENCE THE HOST COUNTRY'S CCULTURE, LANGUAGE AND SOCIAL PRACTICES WHILE WORKING ALONGSIDE HOMEOWNERS AND VOLUNTEERS OF ALL BACKGROUNDS, RACES AND RELIGIONS.TACOMA HABITAT IS FUNDED THROUGH GRANTS, DONATIONS, PROCEEDS FROM HOME SALES, HOMEOWNER MORTGAGE PAYMENTS, AND PROCEEDS FROM OUR RETAIL STORES. TACOMA HABITAT HAS THREE RETAIL STORES LOCATED IN TACOMA, PUYALLUP, AND LAKEWOOD. THE STORES OFFER GENTLY USED FURNITURE, APPLIANCES, AND BUILDING SUPPLIES AT GREATLY REDUCED PRICES. PROFIT FROM THE STORES HELPS BUILD MORE AFFORDABLE HOMES IN PIERCE COUNTY. MORE THAN A ROOF, TACOMA HABITAT BELIEVES HOME IS JUST THE BEGINNING - A STRONG FOUNDATION FOR VIBRANT COMMUNITIES, A STABLE FINANCIAL FUTURE FOR GENERATIONS, AND A HEALTHY PLACE FOR A FAMILY AND CHILDREN TO GROW.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Holcomb
President
$0
Dang Nguyen
Director
$0
Barty Brynestad
Director
$0
Bart Brynestad
Director
$0
Lauren Dammeier
Immediate Past President
$0
Bill Lynn
Emritus
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chavira & Associates
Construction
$357,849
Lighthouse Concrete
Concrete Work
$248,241
Apex Engineering Llc
Professional Services
$167,439
Marce Drywall Inc
Drywall
$133,122
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$355,795
Related organizations$0
Government grants $1,725,045
All other contributions, gifts, grants, and similar amounts not included above$4,074,490
Noncash contributions included in lines 1a–1f $2,579,801
Total Revenue from Contributions, Gifts, Grants & Similar$6,155,330
Total Program Service Revenue$1,245,871
Investment income $79,295
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $29,862
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$74,135
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $251,571
Miscellaneous Revenue$0
Total Revenue $8,455,826

Peer Organizations

Organization NameAssets
Oregon Coast Community Action
Coos Bay, OR
$14,678,656
Integrated Supports For Living Inc
Salem, OR
$14,916,025
Northwest Real Estate Capital Corporation
Boise, ID
$18,979,105
Umpqua Community Development Corporation
Roseburg, OR
$6,192,979
Sequoia Mental Health Services Inc
Beaverton, OR
$10,148,730
Network For Oregon Affordable Housing
Portland, OR
$8,070,132
Bienestar Inc
Hillsboro, OR
$12,931,239
Africatown Community Land Trust
Seattle, WA
$7,969,878
Habitat For Humanity International Inc
Tacoma, WA
$8,455,826
Habitat For Humanity International Inc
Spokane, WA
$6,994,226
Catholic Charities Housing Services Diocese Of Yakima
Yakima, WA
$7,045,338
Independent Environments Inc
Eugene, OR
$6,862,918
Catholic Housing Services Of Eastern Washington
Spokane, WA
$8,935,272
Tri State Steelheaders
Walla Walla, WA
$5,001,671
Foundation For Affordable Housing Vi Inc
Bend, OR
$4,337,071
Habitat For Humanity International Inc
Port Townsend, WA
$5,509,452
Coeur Dalene Homes Phase Ii Inc
Coeur Dalene, ID
$3,939,452
Foundation For Affordable Housing V Inc
Bend, OR
$2,715,237
Homestead Community Land Trust
Seattle, WA
$22,126,975
Habitat For Humanity International Inc
Oak Harbor, WA
$3,386,006
First Story
Bend, OR
$4,523,613
First A M E Housing Association
Seattle, WA
$3,205,304
Housing Development Center Inc
Portland, OR
$3,244,688
Stephens Place
Vancouver, WA
$2,856,915
Habitat For Humanity International Inc
Richland, WA
$2,569,320

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