Habitat For Humanity International Inc
- Assets
- $2.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 15
- Location
- Laredo, TX
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 74-2728646
Organization Overview
Habitat For Humanity International Inc is located in Laredo, TX. 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 15 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 $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.6m 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
HABITAT FOR HUMANITY OF LAREDO, INC IS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, INC. A NONDENOMINATIONAL CHRISTIAN NONPROFIT ORGANIZATION. OUR STATED PURPOSE IS TO CREATE DECENT, AFFORDABLE HOUSING FOR THOSE IN NEED AND TO MAKE DECENT SHELTER A MATTER OF CONSCIENCE WITH PEOPLE EVERYWHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR 5 FAMILIES MOVED INTO NEW HOMES CONSTRUCTION WAS STARTED ON 2 NEW HOMES DURING THE FISCAL YEAR AT THE END OF THE YEAR, 2 HOMES WERE UNDER CONSTRUCTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Sherwood Executive Director | Officer | 40 | $82,500 |
Gloria Perez Secretary | OfficerTrustee | 8 | $0 |
Melissa L Guerra Treasurer | OfficerTrustee | 8 | $0 |
David Ramos President | OfficerTrustee | 8 | $0 |
Ruben Vela Vice President | OfficerTrustee | 8 | $0 |
Jose Luis Escobedo Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,095 |
| Related organizations | $0 |
| Government grants | $93,769 |
| All other contributions, gifts, grants, and similar amounts not included above | $766,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $919,401 |
| Total Program Service Revenue | $755,269 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,000 |
| 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 | $1,789,255 |
| 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 | $392,892 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,484 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $30 |
| Office expenses | $10,924 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $16,536 |
| Insurance | $43,683 |
| All other expenses | $424,539 |
| Total functional expenses | $1,633,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $881,073 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,381 |
| Loans from Officers, Directors, or Controlling Persons | $250 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $998,949 |
| Inventories for sale or use | $175,845 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $231,501 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,345,999 |
| Accounts payable and accrued expenses | $4,793 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,793 |
| Net assets without donor restrictions | $2,341,206 |
| 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 | $2,345,999 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Habitat For Humanity International Inc has recieved totaling $522,710.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $233,275 |
Fuller Center Disaster Rebuilders Inc Americus, GA PURPOSE: Support Winter Storm Uri repairs | $189,923 |
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $84,512 |
Denver Foundation Denver, CO PURPOSE: ASSISTANCE WITH BUILDING MATERIALS FOR HOMES DAMAGED DUE TO FREEZE. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Provident Commonwealth Education Resources Baton Rouge, LA | $142,254,594 | $7,390,935 |
Provident Commonwealth Education Resources Ii Baton Rouge, LA | $154,926,817 | $6,407,611 |
Houston Habitat For Humanity Inc Houston, TX | $36,979,256 | $11,315,347 |
Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |
Habitat For Humanity International Inc Fort Worth, TX | $28,701,953 | $17,323,879 |
Habitat For Humanity Of San Antonio Inc San Antonio, TX | $33,828,773 | $14,274,594 |
Housing And Community Services Inc San Antonio, TX | $78,883,961 | $25,153,792 |
Habitat For Humanity International Inc Tulsa, OK | $20,375,468 | $13,816,169 |
Front Steps Inc Austin, TX | $4,289,583 | $9,800,885 |
Operation Finally Home New Braunfels, TX | $6,586,831 | $9,808,854 |
Residential Realty Group I Inc A Delaware Corp Houston, TX | $5,107,430 | $0 |
Mccalls Community Homes Inc Ada, OK | $3,788,949 | $9,810,630 |