Habitat For Humanity International Inc
- Assets
- $8.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 25
- Location
- Huntsville, AL
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 63-0951637
Organization Overview
Habitat For Humanity International Inc is located in Huntsville, AL. 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 25 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 $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 5.4% 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
TO CONSTRUCT HOUSES FOR LOW INCOME FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME CONSTRUCTION/ HOMEOWNER PROGRAM: HABITAT FOR HUMANITY OF THE RIVER VALLEY(HFHRV) BUILDS SAFE, DECENT, DURABLE, AND AFFORDABLE HOMES FOR QUALIFIED HOMEBUYERS WHO EARN BETWEEN 25% AND 60% OF THE ANNUAL AREA MEDIAN INCOME AS DEFINED BY HUD. OUR HOME CONSTRUCTION PROGRAM ALLOWS FOR FAMILIES TO IMPROVE THEIR LIVING CONDITIONS, INVEST IN THE COMMUNITY, AND PROVIDE FOR FUTURE GROWTH. SINCE 1987, HABITAT FOR HUMANITY OF THE RIVER VALLEY HAS SERVED OVER 300 HOMEBUYERS THROUGH OUR HOME CONSTRUCTION PROGRAM. BETWEE JULY 1, 2021 AND JUNE 30, 2022, HFHRV SOLD NEWLY CONSTRUCTED HOMES TO 10 QUALIFIED FAMILIES. AS OF THE END OF THE FISCAL YEAR, HFHRV WAS FINISHING CONSTRUCTION OF 3 ADDITIONAL HOMES IN MADISON COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myra Sanderson Executive Director | Officer | 40 | $79,449 |
Lynn Troy President | OfficerTrustee | 2 | $0 |
Angela Debro Vice-President | OfficerTrustee | 2 | $0 |
Terry Lewis Secretary | OfficerTrustee | 2 | $0 |
Charlie Sealy Treasurer | OfficerTrustee | 2 | $0 |
Jeremy Foulks Incoming Executive Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $519,281 |
| All other contributions, gifts, grants, and similar amounts not included above | $640,755 |
| Noncash contributions included in lines 1a–1f | $9,832 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,160,036 |
| Total Program Service Revenue | $1,805,311 |
| Investment income | $715 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,740 |
| 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 | $94,404 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,161,139 |
| 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. | $79,449 |
| Compensation of current officers, directors, key employees. | $31,780 |
| Compensation to disqualified persons | $383,763 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $99,462 |
| Payroll taxes | $35,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,718 |
| Advertising and promotion | $3,836 |
| Office expenses | $19,800 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,376 |
| Travel | $16,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,691 |
| Payments to affiliates | $23,150 |
| Depreciation, depletion, and amortization | $59,463 |
| Insurance | $47,291 |
| All other expenses | $113,742 |
| Total functional expenses | $2,585,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $660,046 |
| Savings and temporary cash investments | $862,245 |
| 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 | $3,346,559 |
| Inventories for sale or use | $76,727 |
| Prepaid expenses and deferred charges | $26,504 |
| Net Land, buildings, and equipment | $798,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,510,058 |
| Total assets | $8,281,014 |
| Accounts payable and accrued expenses | $181,132 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $131,791 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $397,874 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $710,797 |
| Net assets without donor restrictions | $7,570,217 |
| 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 | $8,281,014 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Habitat For Humanity International Inc has recieved totaling $122,503.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $51,065 |
Community Foundation Of Greater Huntsville Huntsville, AL PURPOSE: BASIC NEEDS | $30,850 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,537 |
Give Back Foundation Madison, WI PURPOSE: PROGRAM SUPPORT | $14,051 |
Asbury Thrift Store Inc Madison, AL PURPOSE: HOUSING FOR FAMILIES IN NEED | $10,000 |
Alabama Civil Justice Foundation Montgomery, AL PURPOSE: 5000.00 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Habitat For Humanity Of Collier County Inc Naples, FL | $122,499,137 | $30,188,706 |
I M Sulzbacher Center For The Homeless Inc Jacksonville, FL | $19,053,781 | $20,126,235 |
Housing Partnership Inc Riviera Beach, FL | $13,058,186 | $17,518,413 |
Big Canoe Property Owners Association Inc And Subsidiary Big Canoe, GA | $48,180,026 | $19,159,834 |
Habitat For Humanity Of Greater Nashville Nashville, TN | $71,491,096 | $16,513,254 |
Opa-Locka Community Development Corporation Inc Opa Locka, FL | $85,273,967 | $19,527,204 |
Orlando Neighborhood Improvement Corporation Inc Orlando, FL | $57,656,701 | $16,159,756 |
Habitat For Humanity International Inc Memphis, TN | $13,622,959 | $12,248,424 |
Habitat For Humanity International Inc Tampa, FL | $16,516,073 | $18,669,195 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Jacksonville, FL | $26,227,920 | $12,923,898 |