Habitat For Humanity International Inc
- Assets
- $486.3k
- Revenue
- $280.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Tullahoma, TN
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 62-1395092
Organization Overview
Habitat For Humanity International Inc is located in Tullahoma, TN. The organization was established in 1987. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 3 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 06/2022, Habitat For Humanity International Inc generated $280.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $352.2k during the year ending 06/2022. While expenses have increased by 11.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING HOMES AND PROVIDING INTEREST-FREE FINANCING FOR LOW-INCOME FAMILIES IN COFFEE COUNTY AND FRANKLIN COUNTIES IN TENNESSEE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ONE HOME WAS TRANFERRED TO A LOW-INCOME FAMILY DURING THIS REPORTING PERIOD. ADDITIONALLY, FIRST AND SECOND MORTGAGES TOTALING $592,158 AS OF 6/30/22 (EXCLUDING UNAMORTIZED DISCOUNT OF $237,488) WERE HELD FOR THE BENEFIT OF LOW-INCOME FAMILIES. THESE NOTES ARE NON-INTEREST BEARING AND HAVE ORIGINAL MATURITIES RANGING FROM 19 TO 35 YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrie Quick President | Officer | 10 | $0 |
Kelly Smith Treasurer | Officer | 10 | $0 |
Sherrie Cleveland Secretary | Officer | 10 | $0 |
Elisa Chessor Adminstrative Coordinator | Officer | 30 | $0 |
Sherrie Mcguire Board Member | Trustee | 2 | $0 |
Vicky Lammers Board Member | Trustee | 2 | $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 | $146,521 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,521 |
| Total Program Service Revenue | $134,182 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $280,707 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,372 |
| 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 | $51,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,790 |
| Office expenses | $749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,408 |
| Travel | $2,784 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,780 |
| All other expenses | $253,266 |
| Total functional expenses | $352,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $89,442 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $354,670 |
| Inventories for sale or use | $42,209 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $486,321 |
| Accounts payable and accrued expenses | $10,114 |
| Grants payable | $0 |
| Deferred revenue | $82,152 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $92,266 |
| Net assets without donor restrictions | $394,055 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $486,321 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Habitat For Humanity International Inc has recieved totaling $122,766.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $85,766 |
Habitat For Humanity International Inc Murfreesboro, TN PURPOSE: HOME CONSTRUCTION | $37,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Housing Collaborative Charlotte, NC | $3,657,105 | $83,275,604 |
Ozark Tri-County Health Care Consortium Neosho, MO | $16,683,948 | $25,504,215 |
People Incorporated Housing Group Abingdon, VA | $23,796,045 | $13,192,041 |
New Directions Housing Corporation Louisville, KY | $27,737,851 | $9,868,214 |
Habitat For Humanity International Inc Charlottesville, VA | $30,158,834 | $8,198,441 |
Cedar Lake Residences Inc Louisville, KY | $2,301,086 | $7,918,008 |
Justine Petersen Housing And Reinvestment Corporation Saint Louis, MO | $49,338,747 | $7,649,655 |
Distinctive Housing Solutions Inc Brunswick, GA | $6,407,391 | $5,577,789 |
Student Housing Of America Inc Atlanta, GA | $18,887,768 | $4,459,972 |
Appalachian Foothills Housing Agency Incorporated Wurtland, KY | $1,707,535 | $4,881,556 |
Habitat For Humanity International Inc Franklin, TN | $15,154,488 | $5,571,320 |
Piedmont Housing Alliance Incorporated Charlottesville, VA | $40,182,499 | $6,545,967 |