Habitat For Humanity International Inc
- Assets
- $9.1m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 26
- Location
- Houston, TX
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 76-0273510
Organization Overview
Habitat For Humanity International Inc is located in Houston, TX. 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 06/2022, 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 06/2022, Habitat For Humanity International Inc generated $6.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. While expenses have increased by 5.0% 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 CREATE DECENT AND AFFORDABLE HOUSING FOR THOSE IN NEED, DEVELOP RESPONSIBLE HOME OWNERSHIP AND MAKE A DECENT SHELTER A MATTER OF CONSCIENCE EVERYWHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM IS AIMED AT ENCOURAGING, PROMOTING AND ASSISTING IN THE BUILDING AND REDEVELOPMENT OF LOW-INCOME HOUSING IN CYPRESS-FAIRBANKS, KLEIN, SPRING AND TOMBALL SCHOOL DISTRICTS. THE ORGANIZATION'S PURPOSE IS ACCOMPLISHED THROUGH A PRIVETELY OPERATED AND FINANCED PROGRAM TO SELL SUCH HOUSING TO LOW-INCOME PERSONS AT OR BELOW ACTUAL COST UTILIZING NON- INTEREST-BEARING MORTGAGE LOANS. THE ORGANIZATION HAS COMPLETED CONSTRUCTION OF 283 NEW HOMES SINCE 1989 AND TRANSFERRED TO QUALIFIED NEW LOW-INCOME HOMEOWNERS.
THE PROGRAM IS ESTABLISHED TO OPERATE A RESALE STORE IN ORDER TO GENERATE ADDITIONAL INCOME AND TO EXTEND THE MISSION OF THE ORGANIZATION BY PROVIDING LOW-COST DONATED MATERIALS FOR LOW-INCOME HOMEOWNERS TO REPAIR AND IMPROVE THEIR HOUSES. THE ORGANIZATION ACCEPTS DONATIONS OF BUILDING MATERIALS, SUPPLIES, FURNITURE AND APPPLIANCES FOR THE STORE AND RECEIVES INVENTORY FROM DECONSTRUCTED HOMES WHERE THE DONOR PAYS THE ORGANIZATION FOR DECONSTRUCTION SERVICES AND THE ORGANIZATION RETAINS USABLE ITEMS FROM THE DECONSTRUCTED HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Soleil Watt Executive Di | OfficerTrustee | 40 | $117,925 |
Kenneth Kinard Restore Dev. | 40 | $109,000 | |
Carolyn Stevens Restore Dire | 40 | $100,600 | |
Troy Spencer President | OfficerTrustee | 6 | $0 |
Brian Kolenda Vice- Presid | OfficerTrustee | 6 | $0 |
Billy Shipley Treasurer | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $257,206 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $590,067 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $847,273 |
| Total Program Service Revenue | $3,664,553 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,586 |
| Net Income from Fundraising Events | -$82,749 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,067,974 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,486,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,000 |
| 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 | $1,853,572 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,542 |
| Fees for services: Accounting | $38,696 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $652,085 |
| Advertising and promotion | $0 |
| Office expenses | $53,310 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $599,106 |
| Travel | $94,923 |
| 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 | $318,882 |
| Insurance | $101,121 |
| All other expenses | $227,332 |
| Total functional expenses | $6,036,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,081,249 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,714 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,596,994 |
| Inventories for sale or use | $290,030 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $333,798 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $762,919 |
| Total assets | $9,069,704 |
| Accounts payable and accrued expenses | $508,688 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $126,934 |
| 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 | $635,622 |
| Net assets without donor restrictions | $8,434,082 |
| 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 | $9,069,704 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Habitat For Humanity International Inc has recieved totaling $615,408.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $347,798 |
United Way Of Greater Houston Houston, TX PURPOSE: Disaster | $250,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $16,000 |
Shell Oil Company Foundation Houston, TX PURPOSE: MEF | $700 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Habitat For Humanity Inc Austin, TX | $39,504,840 | $22,735,671 |
Dallas Area Habitat For Humanity Inc Dallas, TX | $26,464,241 | $13,873,471 |
Army Retirement Residence Supporting Foundation San Antonio, TX | $129,383,630 | $14,814,342 |
Habitat For Humanity International Inc Houston, TX | $9,069,704 | $6,486,465 |
Habitat For Humanity St Tammany West Mandeville, LA | $6,732,927 | $3,434,705 |
Habitat For Humanity International Inc Santa Fe, NM | $7,331,212 | $3,678,307 |
Habitat For Humanity International Inc Houston, TX | $2,712,612 | $1,245,803 |
Dallas Life Support Corporation Dallas, TX | $11,532,965 | $154,833 |
Commcare Avoyelles Mandeville, LA | $11,733,022 | $1,020,000 |
Habitat For Humanity International Inc Lake Jackson, TX | $2,812,621 | $891,525 |
Habitat For Humanity International Inc Tahlequah, OK | $1,639,219 | $536,393 |
For Our Lords Service Inc West Fork, AR | $56,120 | $0 |