Habitat For Humanity International Inc
- Assets
- $2.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 16
- Location
- Gainesville, GA
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 58-1849321
Organization Overview
Habitat For Humanity International Inc is located in Gainesville, GA. 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 16 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 $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $803.3k during the year ending 06/2022. 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 IS A ECUMENICAL CHRISTIAN HOUSING MINISTRY DEDICATED TO ELIMINATING SUBSTANDARD HOUSING AND HOMELESSNESS WORLDWIDE AND TO MAKING ADEQUATE, AFFORDABLE SHELTER A MATTER OF CONSCIENCE AND ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT BUILDS AND RENOVATES AFFORDABLE HOMES IN HALL COUNTY, GEORGIA, THROUGH VOLUNTEER LABOR AND WITH THE ASSISTANCE OF THE FUTURE LOW INCOME HOMEOWNER FAMILIES. FUTURE HOMEOWNERS ARE REQUIRED TO CONTRIBUTE "SWEAT EQUITY" WHICH MEANS CONTRIBUTING A MINIMUM NUMBER OF HOURS OF LABOR INTO THE BUILDING OF THEIR OWN HOUSE AS WELL AS THE HOUSES OF OTHERS. HABITAT HOUSES ARE SOLD TO LOW INCOME FAMILIES AT APPROXIMATE COST UTILIZING 20- YEAR INTEREST-FREE MORTGAGES. HABITAT FINANCES ITS OPERATIONS THROUGH CONTRIBUTIONS, GRANTS, AND IN-KIND DONATIONS, FROM INDIVIDUALS, FOUNDATIONS, CORPORATIONS, PUBLIC AGENCIES AND RELIGIOUS ORGANIZATIONS.
HABITAT OPERATES THE HABITAT FOR HUMANITY RESTORE (THE "RESTORE"), A RETAIL OPERATION WHERE HOME FURNISHINGS, APPLIANCES, AND OTHER MISCELLANEOUS ITEMS ARE DONATED AND THEN SOLD TO THE COMMUNITY AT A GREATLY REDUCED PRICE. REVENUE IS RECOGNIZED BY HABITAT AT THE DATE THE GOODS ARE SOLD. THE RESTORE IS OPERATED WITH THE SOLE PURPOSE OF GENERATING FUNDS TO ASSIST IN THE ORGANIZATION'S MAIN PURPOSE OF BUILDING HOUSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Mcelvery Past Ed | Officer | 40 | $75,479 |
Neal Broadwell Chair | OfficerTrustee | 4 | $0 |
Keith Collier Vice Chair | OfficerTrustee | 4 | $0 |
Dr Suzanne Erickson Teasurer | OfficerTrustee | 4 | $0 |
Will Hicks Director | Trustee | 4 | $0 |
Mary Keller Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,320 |
| All other contributions, gifts, grants, and similar amounts not included above | $540,033 |
| Noncash contributions included in lines 1a–1f | $16,920 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $621,353 |
| Total Program Service Revenue | $579,005 |
| Investment income | $346 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,200,704 |
| 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. | $75,480 |
| Compensation of current officers, directors, key employees. | $33,966 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,078 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,725 |
| Payroll taxes | $32,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,100 |
| Fees for services: Accounting | $13,290 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,825 |
| Advertising and promotion | $25,489 |
| Office expenses | $12,335 |
| Information technology | $11,932 |
| Royalties | $0 |
| Occupancy | $36,064 |
| Travel | $15,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,459 |
| Interest | $593 |
| Payments to affiliates | $10,000 |
| Depreciation, depletion, and amortization | $15,673 |
| Insurance | $20,846 |
| All other expenses | -$31,750 |
| Total functional expenses | $803,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $898,568 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,262 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $29,831 |
| Prepaid expenses and deferred charges | $4,912 |
| Net Land, buildings, and equipment | $185,422 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $659,127 |
| Intangible assets | $0 |
| Other assets | $738,386 |
| Total assets | $2,524,508 |
| Accounts payable and accrued expenses | $38,084 |
| Grants payable | $0 |
| Deferred revenue | $207,017 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $41,267 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,437 |
| Total liabilities | $291,805 |
| Net assets without donor restrictions | $1,713,982 |
| Net assets with donor restrictions | $518,721 |
| 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 | $2,524,508 |