Habitat For Humanity International Inc
- Assets
- $13.6m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 54
- Location
- Memphis, TN
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 62-1157233
Organization Overview
Habitat For Humanity International Inc is located in Memphis, TN. 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 54 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 $12.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $10.2m during the year ending 06/2021. While expenses have increased by 4.4% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY WORKS IN PARTNERSHIP WITH GOD AND PEOPLE EVERYWHERE TO DEVELOP COMMUNITIES WITH PEOPLE IN NEED BY BUILDING HOUSES SO THAT THERE ARE DECENT HOMES IN DECENT COMMUNITIES SO THAT EVERY PERSON CAN LIVE AND GROW INTO ALL THAT GOD INTENDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONSTRUCTION OF HOMES FOR LOW INCOME FAMILIES. THESE HOMES WERE BUILT ON HOUSE SPONSORSHIPS FROM LOCAL, CIVIC, AND COMMUNITY DONATIONS. ADDITIONAL HUD FUNDING, SPECIFICALLY DESIGNATED FOR THE CONSTRUCTION OF HOMES FOR LOW-INCOME FAMILIES, WAS ALSO AWARDED TO THE ORGANIZATION AND USED IN THE ADDITIONAL CONSTRUCTION OF HOMES MADE AVAILABLE TO LOW-INCOME FAMILIES. ALL HOMES CONSTRUCTED WERE BUILT IN EXISTING OR NEW COMMUNITY DEVELOPMENTS TO HELP FAMILIES BUILD A COMMUNITY ATMOSPHERE AND PROVIDE A FOUNDATION FOR THEIR SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwayne Spencer President/ceo | Officer | 40 | $205,734 |
Stephen Waring CFO | Officer | 40 | $131,132 |
Greg Webb Director, Construction | 40 | $128,302 | |
Julie Romine Director, Programs | 40 | $111,233 | |
Angelia Allen Member-At-Large | Trustee | 1 | $0 |
Taylor Bachelor Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Branch Supply Llc Roofing, Masonry | 6/29/22 | $664,295 |
84 Lumber Lumber | 6/29/22 | $757,090 |
Bluff Construction Roofing | 6/29/22 | $474,883 |
P & M Enterprises Llc Roofing, Masonry | 6/29/22 | $447,731 |
Metro Construction Concrete | 6/29/22 | $446,377 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,357,732 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,005,143 |
| Noncash contributions included in lines 1a–1f | $6,139 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,362,875 |
| Total Program Service Revenue | $1,394,267 |
| Investment income | $55,557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,286,410 |
| Net Income from Fundraising Events | -$23,265 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $103,137 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,248,424 |
| 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. | $349,243 |
| Compensation of current officers, directors, key employees. | $87,311 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,055,753 |
| Pension plan accruals and contributions | $42,876 |
| Other employee benefits | $314,562 |
| Payroll taxes | $173,378 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,864 |
| 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 | $113,042 |
| Advertising and promotion | $39,565 |
| Office expenses | $153,408 |
| Information technology | $37,049 |
| Royalties | $0 |
| Occupancy | $315,966 |
| Travel | $53,752 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,120 |
| Interest | $216,683 |
| Payments to affiliates | $126,600 |
| Depreciation, depletion, and amortization | $46,181 |
| Insurance | $131,132 |
| All other expenses | $5,358 |
| Total functional expenses | $10,236,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,108,953 |
| Savings and temporary cash investments | $386,514 |
| Pledges and grants receivable | $106 |
| Accounts receivable, net | $1,521,471 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,207,901 |
| Inventories for sale or use | $39,530 |
| Prepaid expenses and deferred charges | $7,140 |
| Net Land, buildings, and equipment | $54,135 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,297,209 |
| Total assets | $13,622,959 |
| Accounts payable and accrued expenses | $682,181 |
| Grants payable | $0 |
| Deferred revenue | $144,146 |
| 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 | $7,835,214 |
| Unsecured mortgages and notes payable | $531,972 |
| Other liabilities | $442,364 |
| Total liabilities | $9,635,877 |
| Net assets without donor restrictions | $2,402,861 |
| Net assets with donor restrictions | $1,584,221 |
| 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 | $13,622,959 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Habitat For Humanity International Inc has recieved totaling $3,641,548.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $3,484,113 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $152,316 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,119 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Skill Creations Inc Goldsboro, NC | $13,834,048 | $44,435,808 |
Habitat For Humanity International Inc Raleigh, NC | $48,704,094 | $32,190,331 |
Montage Living Charlotte, NC | $133,680,991 | $23,940,845 |
Ahc Inc Arlington, VA | $252,147,992 | $33,394,070 |
Habitat For Humanity International Inc Charlotte, NC | $71,967,554 | $27,686,341 |
Habitat For Humanity In Atlanta Inc Atlanta, GA | $81,551,003 | $20,263,546 |
North East Community Action Corporation Bowling Green, MO | $19,489,309 | $16,722,475 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |
Alexandria Housing Development Corporation Alexandria, VA | $129,711,642 | $8,689,601 |
Habitat For Humanity Of Greater Nashville Nashville, TN | $71,491,096 | $16,513,254 |
Virginia Supportive Housing Richmond, VA | $30,778,021 | $11,444,363 |