Habitat For Humanity International Inc
- Assets
- $10.7m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 26
- Location
- Jackson, MS
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 64-0750633
Organization Overview
Habitat For Humanity International Inc is located in Jackson, MS. The organization was established in 1987. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Habitat For Humanity International Inc employed 26 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 12/2022, Habitat For Humanity International Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. 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, SELLING AND FINANCING AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES IN THE JACKSON, MISSISSIPPI METROPOLITAN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022, HFHMCA INFUSED $2.87MM INTO SMALL AND MINORITY-OWNED BUSINESSES AND THE LOCAL ECONOMY WITH THE ONGOING CONSTRUCTION OF THREE NEW HOMES AND TRANSFORMING SEVEN PREVIOUSLY OWNED HOMES INTO SAFE AFFORDABLE HOMES FOR SEVEN FAMILIES. SELECTED FAMILIES COMPLETE A RIGOROUS PROGRAM THAT INCLUDE FINANCIAL MANAGEMENT, WILLS AND ESTATE PLANNING, COMPLETION OF AT LEAST 250 HOURS OF VOLUNTEER SERVICE AND ONGOING SUPPORT AS THEY NAVIGATE HOMEOWNERSHIP. SUCCESSFUL HOMEOWNERSHIP IS ONE OF THE KEYS TO GENERATIONAL WEALTH. SEVENTEEN HOMEOWNERS PAID OFF THEIR MORTGAGES DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Slade Exley Past-President | Trustee | 4 | $0 |
Allen Scott President | Trustee | 2 | $0 |
Maura Jelliffe Secretary | Trustee | 2 | $0 |
Jennifer Studebaker Vice President | Trustee | 2 | $0 |
Stephen Griner Board Member | Trustee | 2 | $0 |
Willie Alexander Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pollard Construction Llc Contractor | 12/30/22 | $123,045 |
Kelvin Lovett Contractor | 12/30/22 | $103,135 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $118,868 |
| Related organizations | $5,540 |
| Government grants | $73,206 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,549,846 |
| Noncash contributions included in lines 1a–1f | $284,289 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,747,460 |
| Total Program Service Revenue | $1,328,872 |
| Investment income | $80 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,595 |
| Net Gain/Loss on Asset Sales | -$13,720 |
| Net Income from Fundraising Events | -$13,205 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,265,999 |
| 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. | $232,478 |
| Compensation of current officers, directors, key employees. | $97,996 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $748,167 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $216,871 |
| Payroll taxes | $72,557 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,478 |
| 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 | $39,500 |
| Advertising and promotion | $38,800 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,132 |
| Travel | $12,756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,612 |
| Interest | $0 |
| Payments to affiliates | $15,000 |
| Depreciation, depletion, and amortization | $71,338 |
| Insurance | $52,245 |
| All other expenses | $290,606 |
| Total functional expenses | $3,551,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,892,079 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,755 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,190,660 |
| Inventories for sale or use | $256,237 |
| Prepaid expenses and deferred charges | $14,478 |
| Net Land, buildings, and equipment | $1,262,088 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,668,297 |
| Accounts payable and accrued expenses | $217,632 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,164,204 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $257,537 |
| Total liabilities | $2,639,373 |
| Net assets without donor restrictions | $7,630,544 |
| Net assets with donor restrictions | $398,380 |
| 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 | $10,668,297 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Urban Housing Solutions Inc Nashville, TN | $96,808,508 | $15,603,580 |
Habitat For Humanity International Inc Knoxville, TN | $18,160,099 | $6,253,780 |
Holston Habitat For Humanity Inc Kingport, TN | $5,803,503 | $4,425,160 |
Habitat For Humanity International Inc Jackson, MS | $10,668,297 | $3,265,999 |
Habitat For Humanity St Tammany West Mandeville, LA | $6,732,927 | $3,434,705 |
Tennessee Homeless Solutions Jackson, TN | $217,434 | $1,795,411 |
Clinch River Habitat For Humanity Oak Ridge, TN | $2,345,385 | $568,996 |
Home Builders Assn Of Middle Tn Brentwood, TN | $1,500,033 | $1,077,109 |
Commcare Avoyelles Mandeville, LA | $11,208,067 | $340,000 |
For Our Lords Service Inc West Fork, AR | $48,668 | $329,583 |
Habitat For Humanity International Inc Columbus, MS | $1,204,648 | $272,133 |
Habitat For Humanity International Inc Meridian, MS | $795,315 | $115,505 |
Breakthrough Phase I Knoxville, TN | $744,758 | $102,829 |