Habitat For Humanity International Inc
- Assets
- $3.7m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Lakeland, FL
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 59-3000422
Organization Overview
Habitat For Humanity International Inc is located in Lakeland, FL. The organization was established in 1987. 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 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 06/2021, Habitat For Humanity International Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $914.4k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY IS A CHRISTIAN NON-PROFIT ORGANIZATION OF HANDS-ON PROFESSIONALS, VOLUNTEERS, AND FUTURE HOMEOWNERS WORKING TOGETHER TO RENOVATE OR BUILD SIMPLE, DECENT, AFFORDABLE HOUSING AND TO ULTIMATELY MAKE DECENT SHELTER A MATTER OF COMMUNITY CONSCIENCE AND ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT WORKS IN PARTNERSHIP WITH FAMILIES IN NEED OF ADEQUATE SHELTER TO BUILD SIMPLE, DECENT HOMES. THE HOMES ARE THEN SOLD TO HABITAT'S PARTNER FAMILIES, AT NO PROFIT AND WITH NO INTEREST CHARGED. PARTNER FAMILIES INVEST HUNDREDS OF HOURS OF THEIR OWN LABOR INTO BUILDING THEIR HOMES AND THE HOMES OF OTHERS. THEIR MORTGAGE PAYMENTS GO INTO A REVOLVING "FUND FOR HUMANITY" THAT IS USED TO BUILD MORE HOMES.
THE LAKELAND HABITAT FOR HUMANITY RESTORE IS A HOME IMPROVEMENT CENTER THAT SELLS QUALITY NEW AND RECYCLED ITEMS AT A FRACTION OF THE COMMON COST. OVER THE PAST THIRTEEN YEARS, THE RESTORE HAS RECYCLED THOUSANDS OF TONS OF MATERIAL, KEEPING IT OUT OF OUR LOCAL LANDFILLS AND RESTORE PROCEEDS GO BACK INTO BUILDING NEW HABITAT HOUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Gilbride President | OfficerTrustee | 1 | $0 |
Veronica Rountree Vice President | OfficerTrustee | 1 | $0 |
June Barnett Treasurer | OfficerTrustee | 1 | $0 |
Diretta Wilcox Secretary | OfficerTrustee | 1 | $0 |
Chad Baron Director | Trustee | 1 | $0 |
Michael Simmons Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $423,977 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,794 |
| Net Gain/Loss on Asset Sales | $524,846 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $383,574 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,492,497 |
| Statement of Expenses | |
|---|---|
| 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. | $108,169 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,308 |
| Pension plan accruals and contributions | $6,054 |
| Other employee benefits | $3,185 |
| Payroll taxes | $34,589 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,085 |
| Fees for services: Accounting | $81,484 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,013 |
| Advertising and promotion | $2,078 |
| Office expenses | $3,087 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,159 |
| Travel | $13,560 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59,181 |
| Payments to affiliates | $18,816 |
| Depreciation, depletion, and amortization | $28,408 |
| Insurance | $43,139 |
| All other expenses | $0 |
| Total functional expenses | $914,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $618,266 |
| Savings and temporary cash investments | $187,142 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,482,135 |
| Inventories for sale or use | $39,405 |
| Prepaid expenses and deferred charges | $3,114 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $692,775 |
| Total assets | $3,724,945 |
| Accounts payable and accrued expenses | $27,307 |
| Grants payable | $0 |
| Deferred revenue | $457,626 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $74,893 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $683,885 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,083 |
| Total liabilities | $1,284,794 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $2,440,151 |