Habitat For Humanity International Inc
- Assets
- $3.8m
- Revenue
- $241.1k
- Investments
- $0.0
- Employees
- 9
- Location
- San Luis Obispo, CA
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 77-0434147
Organization Overview
Habitat For Humanity International Inc is located in San Luis Obispo, CA. 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 06/2021, Habitat For Humanity International Inc employed 9 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 06/2021, Habitat For Humanity International Inc generated $241.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $405.3k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY FOR SAN LUIS OBISPO COUNTY BUILDS HOMES AND REVITALIZES COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME PRESERVATION PROGRAM ASSISTS EXISTING LOW-INCOME HOMEOWNERS MAINTAIN THEIR HOMES AND PROPERTY BY PROVIDING PAINTING, LANDSCAPING, AND MINOR REPAIR SERVICES FOR HOMEOWNERS IN NEED.
NEIGHBORHOOD REVITALIZATION -HABITAT'S VISION IS TO EMPOWER RESIDENTS BY ENHANCING NEIGHBORHOODS SO THEY BECOME VIBRANT, SAFE, AND INVITING PLACES TO LIVE FOR CURRENT AND FUTURE RESIDENTS. REVITALIZATION HAPPENS THROUGH THE DEDICATION OF ENGAGED CITIZENS, PARTNERSHIPS WITH CIVIC AND BUSINESS GROUPS AND A RENEWED COMMUNITY SPIRIT.
HABITAT'S HOME REHABILITATION PROJECT PROVIDES LOW-INCOME HOMEOWNERS WITH THE OPPORTUNITY TO HAVE MAJOR REPAIRS DONE TO THEIR HOMES. HOMEOWNERS WISHING TO APPLY TO THE PROGRAM MUST HAVE INCOMES BETWEEN 30% AND 80% OF THE COUNTY MEDIA INCOME, AND ARE SELECTED BASED ON THE NEED FOR THE REPAIRS, THE ABILITY TO PAY AN AFFORDABLE HABITAT DEED RESTRICTED LOAN(0% INTEREST), AND A WILLINGNESS TO COMPLETE THE REQUIRED HOURS OF SWEAT EQUITY LABOR TOWARD REHABILITATION OF THEIR HOMES.
PROVIDED A CONTRIBUTION TO HABITAT FOR HUMANITY INTERNATIONAL (HFHI) TO CREATE A SUSTAINABLE REVENUE STREAM TO HELP FINANCE A PORTION OF OPERATIONAL COSTS INCURRED BY HFHI TO SUPPORT THE WORK OF HABITAT AFFILIATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Rasmussen CEO | Officer | 40 | $117,848 |
Kelli Fite Chair | OfficerTrustee | 0.3 | $0 |
Tom Ehlers Vice Chair - Started Mid Year | OfficerTrustee | 0.3 | $0 |
Kirk Vaughn Treasurer | OfficerTrustee | 0.3 | $0 |
Margaret Klevins Secretary | OfficerTrustee | 0.3 | $0 |
Scott Stokes Vice Chair - Part Year | OfficerTrustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $158,716 |
| All other contributions, gifts, grants, and similar amounts not included above | $145,974 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $304,690 |
| Total Program Service Revenue | $33,420 |
| Investment income | $13,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,593 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$130,442 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,138 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,625 |
| 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. | $125,899 |
| Compensation of current officers, directors, key employees. | $105,289 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,903 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,260 |
| Fees for services: Accounting | $18,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,716 |
| Fees for services: Other | $38,427 |
| Advertising and promotion | $12,242 |
| Office expenses | $26,067 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,166 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,353 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,235 |
| Insurance | $7,135 |
| All other expenses | $1,404 |
| Total functional expenses | $405,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $415,712 |
| Savings and temporary cash investments | $114,515 |
| Pledges and grants receivable | $8,750 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $437,314 |
| Inventories for sale or use | $664,437 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $37,771 |
| Investments—publicly traded securities | $2,096,429 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,479 |
| Total assets | $3,803,407 |
| Accounts payable and accrued expenses | $12,249 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $38,096 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $176,108 |
| Unsecured mortgages and notes payable | $74,036 |
| Other liabilities | $0 |
| Total liabilities | $300,489 |
| Net assets without donor restrictions | $2,844,254 |
| Net assets with donor restrictions | $658,664 |
| 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 | $3,803,407 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Habitat For Humanity International Inc has recieved totaling $311,146.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $311,146 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elwyn California San Jose, CA | $38,347,314 | $73,477,787 |
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Habitat For Humanity International Inc Oakland, CA | $41,053,789 | $44,589,163 |
National Community Renaissance Of California Rancho Cucamonga, CA | $192,617,949 | $51,023,842 |
Bridge Housing Corporation San Francisco, CA | $222,728,888 | $38,426,338 |
Baywood Apartments Inc Hayward, CA | $6,801,146 | $110,627 |
Eden Development Inc Hayward, CA | $30,040,019 | $4,613,123 |
Habitat For Humanity International Inc Bellflower, CA | $37,732,130 | $31,053,929 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Millennium Housing Corporation Costa Mesa, CA | $189,019,442 | $31,052,319 |
Chinatown Community Development Center Inc San Francisco, CA | $109,257,292 | $38,436,421 |
Self Help Enterprises Visalia, CA | $105,976,522 | $29,798,676 |