Habitat For Humanity International Inc
- Assets
- $1.4m
- Revenue
- $949.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Morristown, TN
- Founding
- 01/1987
- Data as of
- 06/2024
- EIN
- 62-1504578
Organization Overview
Habitat For Humanity International Inc is located in Morristown, 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 06/2024, Habitat For Humanity International Inc employed 6 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 $949.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $1.0m during the year ending 06/2024. While expenses have increased by 18.0% per year over the past 8 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
TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME HOUSEHOLDS AND CRITICAL HOME REPAIRS TO THE ELDERLY AND DISABLED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HOUSING FOR LOW INCOME FAMILIES WITH AN AFFORDABLE MORTGAGE PAYMENT WITH ZERO PERCENT INTEREST BY PARTNERING WITH A PARTNER FAMILY, CHURCHES, CIVIC ORGANIZATIONS, BUSINESSES AND OTHER COMMUNITY ORGANIZATIONS. HOME REPAIRS TO THE ELDERLY AND DISABLED ARE ALSO A SERVICE PROVIDED BY APPLYING FOR GRANTS AND DONATIONS RECEIVED FROM OUR COMMUNITY.
THE ORGANIZATION PROVIDES HOUSING FOR LOW INCOME FAMILIES WITH NO PROFIT AND ZERO PERCENT INTEREST BY PARTNERING WITH A PARTNER FAMILY, CHURCHES, CIVIC ORGANIZATIONS, BUSINESSES AND OTHER COMMUNITY ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracie Renner Board Member | Trustee | $0 | |
David Rutherford Board Member | Trustee | $0 | |
Alan Anderson Chairman | Officer | $0 | |
Brandon Helton Vice Chair | Officer | $0 | |
Kelsey Parks Secretary | Officer | $0 | |
Matthew Westra Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $115,141 |
| Government grants | $129,806 |
| All other contributions, gifts, grants, and similar amounts not included above | $263,794 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $508,741 |
| Total Program Service Revenue | $269,695 |
| Investment income | $999 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,169 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $949,688 |
| 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 | $216,656 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,897 |
| Payroll taxes | $21,145 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,805 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $622 |
| Office expenses | $7,712 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,970 |
| Travel | $7,680 |
| 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 | $18,596 |
| Insurance | $17,621 |
| All other expenses | $52,294 |
| Total functional expenses | $1,028,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $175,846 |
| Savings and temporary cash investments | $85,317 |
| Pledges and grants receivable | $19,030 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $529,519 |
| Inventories for sale or use | $177,631 |
| Prepaid expenses and deferred charges | $15,704 |
| Net Land, buildings, and equipment | $442,322 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,445,369 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $62,207 |
| 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 | $497,697 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$104,493 |
| Total liabilities | $455,411 |
| Net assets without donor restrictions | $989,958 |
| 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 | $1,445,369 |