Habitat For Humanity International Inc
- Assets
- $9.4m
- Revenue
- $4.0m
- Investments
- $87.1k
- Employees
- 30
- Location
- Palm Bay, FL
- Founding
- 01/1987
- Data as of
- 06/2024
- EIN
- 59-2617673
Organization Overview
Habitat For Humanity International Inc, operating under the name Habitat For Humanity Of Brevard Co, is located in Palm Bay, FL. 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 06/2024, Habitat For Humanity Of Brevard Co employed 30 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity Of Brevard Co 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 06/2024, Habitat For Humanity Of Brevard Co generated $4.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $2.9m during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMAINTY OF BREVARD COUNTY'S (HABITAT BREVARD) MISSION IS SEEKING TO PUT GOD'S LOVE INTO ACTION, BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. HABITAT BREVARD IS A COMMUNITY-BASED LOW INCOME HOUSING DEVELOPER. IT IS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL. HABITAT BREVARD HAS SERVED OVER 575 FAMILIES IN BREVARD COUNTY SINCE 1985, BUILDING, RENOVATING OR REPAIRING HOMES. CONSTRUCTION OF OVERSEAS HOMES HAS BEEN FUNDED THROUGH THE TITHE PROGRAM. HOUSES ARE BUILT AFFORDABLY, USING PRIMARILY VOLUNTEER LABOR, AND ARE SOL AT COST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BREVARD HABITAT WORKS WITH FAMILIES TO BE SUCCESSFUL HOMEOWNERS. OUR PREQUALIFICATION PROCESS ENSURES LOW-INCOME FAMILIES HAVE THE NECESSARY INCOME TO PAY AN INTEREST FREE MORTGAGE. ADDITIONALLY, EACH HOMEOWNER MUST COMPLETE A FINANCIAL MANAGEMENT CLASS AND COMPLETE 200 VOLUNTEER HOURS ON THEIR OWN HOME AND OTHER VOLUNTEER PROJECTS / COMMUNITY SERVICE. HABITAT BREVARD IS PROUD OF THE FAMILIES THAT HAVE CREATED A BETTER FUTURE FOR THEMSELVES, AND THEIR FUTURE GENERATIONS, BY PROVIDING A STABLE HOME.
SPACE COAST HABITAT IN BREVARD COUNTY FL COMPLETED FIVE NEW AFFORDABLE HOMES INCLUDING TWO FOR FEMALE VETERANS, ENDING IN FISCAL YEAR JUNE 30, 2023. FOURTEEN HOMES ARE IN VARIOUS STAGES OF CONSTRUCTION AND REHABILITATION. THE 6 HOME FEMALE VETERANS VILLAGE BUILD WAS COMPLETED IN COCOA, FLORIDA AND ALL HOMES HAVE BEEN MOVED INTO. HABITAT OF BREVARD DIVERTED 828.1 TONS OF WASTE FROM THE LANDFILL. REPAIR PROJECTS COMPLETED WERE 13 AND 19 MORE IN PROCESS. 11 OF THE REPAIRS FOR VETERAN.
BREVARD HABITAT OPERATES A RETAIL THRIFT STORE CALLED THE RESTORE. IT SPECIALIZES IN SELLING SURPLUS NEW AND USED BUILDING AND HOME IMPROVEMENT MATERIALS, APPLIANCES, AND FURNITURE TO THE PUBLIC. THE THRIFT STORE RECEIVES DONATED GOODS AND MATERIALS FROM BUSINESSES, CONTRACTORS, INDIVIDUALS AND OTHER ORGANIZATIONS. DONATED GOODS ARE RECORDED AS THRIFT STORE REVENUE AT THE TIME OF SALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzy Leonard Past Chair | OfficerTrustee | 1 | $0 |
Jeannette Jarnes Chair | OfficerTrustee | 1 | $0 |
Donald Difrisco Treasurer | OfficerTrustee | 1 | $0 |
Stacy-Anne Zeller Secretary | OfficerTrustee | 1 | $0 |
Kim Belardinelli Director | Trustee | 1 | $0 |
Christina Morelli Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,761,137 |
| Noncash contributions included in lines 1a–1f | $30,514 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,761,137 |
| Total Program Service Revenue | $1,051,342 |
| Investment income | $58,206 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $82,605 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$50 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,001,038 |
| 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 | $1,074,615 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $116,096 |
| Payroll taxes | $89,743 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $80,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,977 |
| Advertising and promotion | $2,888 |
| Office expenses | $41,589 |
| Information technology | $22,943 |
| Royalties | $0 |
| Occupancy | $55,754 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $9,320 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,875 |
| Payments to affiliates | $27,780 |
| Depreciation, depletion, and amortization | $61,317 |
| Insurance | $48,947 |
| All other expenses | $124,213 |
| Total functional expenses | $2,913,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,266,436 |
| Savings and temporary cash investments | $519,785 |
| Pledges and grants receivable | $431,597 |
| Accounts receivable, net | $82,953 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,190,119 |
| Inventories for sale or use | $800,383 |
| Prepaid expenses and deferred charges | $31,611 |
| Net Land, buildings, and equipment | $1,193,031 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $87,105 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,816,408 |
| Total assets | $9,419,428 |
| Accounts payable and accrued expenses | $153,801 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $60,389 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $367,309 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $117,030 |
| Total liabilities | $698,529 |
| Net assets without donor restrictions | $8,108,640 |
| Net assets with donor restrictions | $612,259 |
| 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 | $9,419,428 |