Habitat For Humanity International Inc
- Assets
- $14.7m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Altamonte Springs, FL
- Founding
- 01/1987
- Data as of
- 06/2024
- EIN
- 59-3034059
Organization Overview
Habitat For Humanity International Inc is located in Altamonte Springs, 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 International Inc employed 23 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 06/2024, Habitat For Humanity International Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $6.4m during the year ending 06/2024. While expenses have increased by 6.6% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY BUILDS STRENGTH, STABILITY AND SELF-RELIANCE THROUGH SHELTER. SEEKING TO PUT GOD'S LOVE INTO ACTION, WE BRING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE OUR INCEPTION IN 1991 AND IN PARTNERSHIP WITH OUR COMMUNITY, HABITAT SEMINOLE-APOPKA HAS BUILT AND RENOVATED NEARLY 250 HOMES. THESE ARE MOSTLY SINGLE-FAMILY AND TOWNHOMES. INDIVIDUALS, FOUNDATIONS, CORPORATIONS, FAITH ORGANIZATIONS, GOVERNMENT, AND CIVIC GROUPS PROVIDE GENEROUS GIFTS TO ADDRESS THE AFFORDABLE HOUSING CRISIS AND GIVE POSSIBILITIES TO FAMILIES STRUGGLING FINANCIALLY AND WANTING A BETTER LIFE. TOGETHER WE HELP BREAK A CYCLE OF POVERTY AND CREATE GENERATIONAL WEALTH WITH OUR NEIGHBORS IN NEED. IN ADDITION TO GENEROUS GIFTS, RESOURCES, LAND, AND TALENT, 661 UNIQUE VOLUNTEERS PROVIDED OVER 8,000 HOURS OF THEIR TIME LAST YEAR.
OUR HOME BUYING PROGRAM HAS A LOW FORECLOSURE RATE DUE TO THE ROBUST CLASSES OUR CLIENTS MUST TAKE TO PREPARE THEM FOR LONG-TERM, SUCCESSFUL HOMEOWNERSHIP. IN ADDITION, WE OFFER FREE COURSES TO THE PARTICIPANTS AND ARE OPEN TO ANYONE IN OUR COMMUNITY INTERESTED IN OUR HABITAT FINANCIAL ACADEMY. OUR MANDATORY CLASSES TAKE THE WHOLE PERSON APPROACH, AND THE CURRICULUM INCLUDES BUDGETING, PLANNING AND SAVING FOR FUTURE REPAIRS, INCREASING SAVING, HOME MAINTENANCE, CIVIC ENGAGEMENT, WILLS AND TRUSTS, PREDATORY LENDING, MENTAL AND PHYSICAL HEALTH, NUTRITION, AND OTHER PRACTICAL TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Penny Seater CEO | Officer | 40 | $117,508 |
Anthony Aramedia Director | Trustee | 3 | $0 |
Charles Ellert Director | Trustee | 3 | $0 |
Sean Flanagan Director | Trustee | 3 | $0 |
David Johnson Chair | OfficerTrustee | 3 | $0 |
Chandra Jones Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Makt Llc Construction Management | 6/29/24 | $184,992 |
Clifton Larson Allen Llp Accounting Services | 6/29/24 | $134,689 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $206,397 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,297,401 |
| Noncash contributions included in lines 1a–1f | $184,011 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,503,798 |
| Total Program Service Revenue | $2,778,630 |
| Investment income | $132,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,578 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,437,692 |
| 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 | $739,040 |
| Pension plan accruals and contributions | $32,304 |
| Other employee benefits | $119,471 |
| Payroll taxes | $67,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $594,326 |
| Advertising and promotion | $4,845 |
| Office expenses | $150,702 |
| Information technology | $23,009 |
| Royalties | $0 |
| Occupancy | $71,362 |
| Travel | $10,520 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,146 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,510 |
| Insurance | $26,816 |
| All other expenses | $22,700 |
| Total functional expenses | $6,432,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,959 |
| Savings and temporary cash investments | $14,727 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $402,517 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,206,686 |
| Inventories for sale or use | $8,910 |
| Prepaid expenses and deferred charges | $33,062 |
| Net Land, buildings, and equipment | $86,786 |
| Investments—publicly traded securities | $2,602,718 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,017,578 |
| Total assets | $14,742,943 |
| Accounts payable and accrued expenses | $676,859 |
| Grants payable | $0 |
| Deferred revenue | $1,058,787 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $22,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $349,924 |
| Total liabilities | $2,108,070 |
| Net assets without donor restrictions | $12,613,501 |
| Net assets with donor restrictions | $21,372 |
| 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 | $14,742,943 |