Habitat For Humanity International Inc
- Assets
- $14.8m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 44
- Location
- Bradenton, FL
- Founding
- 01/1987
- Data as of
- 06/2024
- EIN
- 65-0484034
Organization Overview
Habitat For Humanity International Inc is located in Bradenton, FL. 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 44 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 $6.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $6.6m during the year ending 06/2024. While expenses have increased by 11.0% per year over the past 9 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
IN PARTNERSHIP WITH GOD, MANATEE COUNTY HABITAT DEVELOPS RESOURCES, EDUCATES, AND MOBILIZES PEOPLE TO WORK ALONGSIDE FAMILIES IN NEED, REHABILITATING EXISTING HOMES AND BUILDING SUSTAINABLE, AFFORDABLE HOMES, THEREBY IMPROVING THE QUALITY OF LIFE FOR FAMILIES AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT HAS A RESTORE - A DISCOUNT RETAIL OUTLET THAT ENABLES HOUSE-BUILDING THROUGH SALES OF NEW, USED AND SURPLUS DONATED GOODS. RESTORE HELPS GENERATE ADDITIONAL FUNDS TO BUILD MORE HABITAT FOR HUMANITIY HOMES IN MANATEE COUNTY. THE STORE HELPS TO REPURPOSE AND RECYCLE USABLE ITEMS AND MATERIALS THAT MIGHT OTHERWISE BE DISCARDED - SAVING SPACE, TIME AND MONEY. THE STORE PROVIDES NEW AND GENTLY USED FURNITURE, HOUSE WARES, BUILDING MATERIALS AND APPLIANCES AT AFFORDABLE PRICES TO PEOPLE OF ALL INCOME LEVELS.
HOMEOWNERSHIP PROGRAMS: MANATEE HABITAT WORKS WITH FAMILIES WHO SEEK TO IMPROVE THEIR FUTURE THROUGH HOMEOWNERSHIP. MANATEE COUNTY HABITAT PROVIDES A 'HAND UP' TO QUALIFIED FAMILIES, WHO PARTNER WITH VOLUNTEERS TO BUILD 'GREEN SUSTAINABLE' HOMES, WHICH THE FAMILIES THEN PURCHASE WITH A ZERO PERCENT INTEREST LOAN. TO ADDRESS PROBLEMS WITH LOW INCOME HOMEOWNERS, MANATEE COUNTY HABITAT ALSO PROVIDES ASSISTANCE THROUGH A VARIETY OF REHAB/REPAIR PROGRAMS. THE PROGRAMS PROVIDE CRITICAL HOME REPAIRS/REHABS AND EXTERIOR HOME REPAIR SERVICES TO THE ELDERLY, DISABLED AND VETERANS. MANATEE HABITAT ALSO ACQUIRES FORECLOSED HOMES WHICH ARE REHABBED AND THEN SOLD TO QUALIFIED HABITAT HOMEBUYERS. WORKING IN PARTNERSHIP WITH LOCAL MUNICIPALITIES AND PRIVATE ORGANIZATIONS, MANATEE HABITAT VOLUNTEERS PROVIDE THE EXPERTISE AND LABOR TO MAKE THE IMPROVEMENTS TO HOMES THROUGHOUT MANATEE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Adkins Director | Trustee | 5 | $0 |
Michelle Grimsley Board Chair | OfficerTrustee | 10 | $0 |
Ken Clark Director | Trustee | 5 | $0 |
Ed Wenzke Vice Chair | OfficerTrustee | 5 | $0 |
Stacie Mason Secretary | OfficerTrustee | 5 | $0 |
Kerry Ward Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,187 |
| Related organizations | $0 |
| Government grants | $270,660 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,440,880 |
| Noncash contributions included in lines 1a–1f | $238,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,721,727 |
| Total Program Service Revenue | $4,249,719 |
| Investment income | $26,842 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,309,492 |
| 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. | $354,747 |
| Compensation of current officers, directors, key employees. | $70,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,420,165 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $418,218 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,363 |
| Fees for services: Accounting | $13,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34,776 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $614,839 |
| Travel | $23,587 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41,654 |
| Payments to affiliates | $31,746 |
| Depreciation, depletion, and amortization | $46,937 |
| Insurance | $54,996 |
| All other expenses | $270,378 |
| Total functional expenses | $6,632,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $409,474 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $342,110 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $385,073 |
| Prepaid expenses and deferred charges | $100,307 |
| Net Land, buildings, and equipment | $364,406 |
| Investments—publicly traded securities | $906,102 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,285,496 |
| Total assets | $14,792,968 |
| Accounts payable and accrued expenses | $292,526 |
| Grants payable | $0 |
| Deferred revenue | $951,233 |
| 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 | $4,620,946 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,692,568 |
| Total liabilities | $10,557,273 |
| Net assets without donor restrictions | $4,221,118 |
| Net assets with donor restrictions | $14,577 |
| 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 | $14,792,968 |