Habitat For Humanity International Inc
- Assets
- $10.4m
- Revenue
- $4.3m
- Investments
- $105.2k
- Employees
- 65
- Location
- Lexington, KY
- Founding
- 01/1987
- Data as of
- 06/2023
- EIN
- 61-1139529
Organization Overview
Habitat For Humanity International Inc is located in Lexington, KY. 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 65 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 $4.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $5.0m during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUILD COMMUNITIES THROUGH AFFORDABLE HOME OWNERSHIP AND NEIGHBORHOOD DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. FAMILIES PURCHASE THEIR HOUSES FROM LEXINGTON HABITAT VIA AN AFFORDABLE MORTGAGE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS, AND FEAR AND ENCOURAGES SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURE AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. DURING FISCAL YEAR 2023, LEXINGTON HABITAT SERVED MORE THAN 32 PEOPLE THROUGH ITS LONG-TERM HOMEOWNERSHIP PROGRAM.
HABITAT RESTORES ARE INDEPENDENTLY OWNED REUSE STORES OPERATED BY LOCAL HABITAT FOR HUMANITY ORGANIZATIONS. RESTORES ACCEPT DONATIONS AND SELL A CONSTANTLY CHANGING INVENTORY OF DIVERSE, HIGH-QUALITY MERCHANDISE TO THE PUBLIC AT A FRACTION OF THE RETAIL PRICE, WHILE DIVERTING REUSABLE HOUSEHOLD ITEMS AND BUILDING MATERIALS FROM AREA LANDFILLS.SALES OF DONATED ITEMS HELP HABITAT FOR HUMANITY PARTNER WITH LOCAL FAMILIES TO BUILD, REHABILITATE AND REPAIR SAFE AND AFFORDABLE HOMES.
HOME PRESERVATION PROGRAM: OUR HOME PRESERVATION PROGRAM ASSISTS LOW- AND MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE AFFECTED BY AGE, DISABILITY OR OTHER CIRCUMSTANCES AND STRUGGLE TO MAINTAIN THE INTEGRITY OF THEIR HOMES. PROJECTS CONSISTING OF INTERIOR AND/OR EXTERIOR REPAIRS ADDRESS HEALTH, SAFETY, CODE VIOLATION, AND AFFORDABILITY ISSUES OF INDIVIDUAL RESIDENCES. LEXINGTON HABITAT STAFF MEMBERS, SUBCONTRACTORS, AND VOLUNTEERS COMPLETE THE REPAIRS. SINCE THE INCEPTION OF THE HOME PRESERVATION PROGRAM, LEXINGTON HABITAT HAS PARTNERED WITH 85 LOCAL HOMEOWNERS, INCLUDING 15 HOMEOWNERS SERVED DURING FY2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Luhr Acting Ceo, Jan-Nov 2022 | Officer | 40 | $121,943 |
Darryl Neher Ceo, Dec 2022 - June 2023 | Officer | 40 | $20,233 |
Chris Farris Chair And Board Member | OfficerTrustee | 2 | $0 |
Mckay Moore Vice Chair And Board Member | OfficerTrustee | 2 | $0 |
Brandi Peacher Secretary And Board Member | OfficerTrustee | 2 | $0 |
Kyle Wicker Treasurer And Board Member | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,033 |
| Related organizations | $0 |
| Government grants | $405,830 |
| All other contributions, gifts, grants, and similar amounts not included above | $877,520 |
| Noncash contributions included in lines 1a–1f | $16,702 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,344,383 |
| Total Program Service Revenue | $2,849,191 |
| Investment income | $80,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$27,612 |
| Net Income from Fundraising Events | $16,970 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,120 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,272,628 |
| 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. | $155,409 |
| Compensation of current officers, directors, key employees. | $155,409 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,771,556 |
| Pension plan accruals and contributions | $53,960 |
| Other employee benefits | $304,762 |
| Payroll taxes | $135,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,917 |
| Fees for services: Accounting | $47,341 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $296 |
| Fees for services: Other | $27,562 |
| Advertising and promotion | $23,180 |
| Office expenses | $134,773 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $308,484 |
| Travel | $10,320 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,554 |
| Interest | $35,992 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,684 |
| Insurance | $65,824 |
| All other expenses | $41,438 |
| Total functional expenses | $5,030,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $1,682,242 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $147,239 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,412,402 |
| Inventories for sale or use | $5,097 |
| Prepaid expenses and deferred charges | $90,393 |
| Net Land, buildings, and equipment | $980,454 |
| Investments—publicly traded securities | $995,658 |
| Investments—other securities | $105,164 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,980,256 |
| Total assets | $10,400,905 |
| Accounts payable and accrued expenses | $432,248 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $6,894 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $605,021 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,912,037 |
| Total liabilities | $2,956,200 |
| Net assets without donor restrictions | $6,320,686 |
| Net assets with donor restrictions | $1,124,019 |
| 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 | $10,400,905 |