Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Billings, MT. The organization was established in 1987. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, 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 06/2023, Habitat For Humanity International Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. While expenses have increased by 2.0% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

HABITAT FOR HUMANITY MID YELLOWSTONE VALLEY IS A NON-PROFIT CHRISTIAN MINISTRY THAT BUILDS HOUSES IN PARTNERSHIP WITH LOW-INCOME FAMILIES IN NEED. THE HOMES ARE BUILT WITH DONATED AND PURCHASED MATERIALS AND LABOR AND THEN SOLD TO THE FAMILIES AT NO PROFIT AND WITH EITHER A NON-INTEREST-BEARING MORTGAGE HELD BY THE ORGANIZATION OR ALTERNATIVE, UNRELATED LOW-INCOME FUNDING SOURCES. IN ADDITION, A RESTORE RETAIL OPERATION IS CONDUCTED WHEREIN DONATED BUILDING MATERIALS ARE SOLD TO THE GENERAL PUBLIC. THE ORGANIZATION IS A LOCAL AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL (HFHI).

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING LOW-INCOME FAMILIES WITH THE ABILITY TO OWN THEIR OWN HOME THROUGH ASSISTANCE AND SWEAT EQUITY ON THE PART OF FAMILIES AND THROUGH NO-INTEREST LOANS. COMPLETED 2 HOMES THAT WERE TRANSFERRED TO THE NEW HOMEOWNERS, PRELIMINARY WORK BEGAN ON 1 OTHER HOME. ORGANIZATION ACQUIRED AND ARE IN THE PROCESS OF DEVELOPING SEVERAL VACANT LOTS THAT WILL BE USED FOR FUTURE HOME SITES.


OTHER MISC PROGRAM REVENUE


RECEIVING DONATED BUILDING MATERIALS AND SELLING THOSE ITEMS TO THE GENERAL PUBLIC THROUGH THE RESTORE THRIFT STORE. EXCESS REVENUE OVER EXPENSES ARE GENERATED TO FUND THE ORGANIZATION'S HOME BUILDING EFFORTS.


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Board, Officers & Key Employees

Name (title)Compensation
Nicholas Hecimovic
Treasurer
$0
Jeff Mcgough
Past President
$0
Dede Stoner
Director
$0
Mike Berve
Director
$0
Brandon Roberts
Director
$0
James Klanke
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$326,563
Noncash contributions included in lines 1a–1f $33,158
Total Revenue from Contributions, Gifts, Grants & Similar$326,563
Total Program Service Revenue$359,376
Investment income $16,008
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $116,975
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $964,871
Miscellaneous Revenue$0
Total Revenue $1,787,072

Peer Organizations

Organization NameAssets
Neighborworks Boise
Boise, ID
$2,945,192
Communityworks North Dakota
Mandan, ND
$2,236,771
Neighborhood Housing Services Inc Of Great Falls
Great Falls, MT
$2,367,621
Habitat For Humanity International Inc
Helena, MT
$1,972,882
Habitat For Humanity International Inc
Billings, MT
$1,787,072
The Home Partnership Foundation Inc
Boise, ID
$3,021,557
Affordable Housing Developers Incorporated
Dickinson, ND
$747,763
Southwestern Montana Family Ymca Inc
Dillon, MT
$1,051,584
Arch Community Housing Trust Inc
Ketchum, ID
$3,087,419
Morton County Housing Corporation
Mandan, ND
$1,200,184
Habitat For Humanity International Inc
Moscow, ID
$947,780
Homes Are Possible Inc
Aberdeen, SD
$1,269,943
Habitat For Humanity International Inc
Cheyenne, WY
$3,214,682
High Horizons Inc
Boise, ID
$704,256
Habitat For Humanity International Inc
Idaho Falls, ID
$843,343
Idaho Development And Housing Organization Inc
Garden City, ID
$1,214
Fch Building Hope Project
Caldwell, ID
$481,262
Sioux Empire Housing Partnership Inc
Sioux Falls, SD
$232,621
Booth Society Inc
Spearfish, SD
$446,277
Habitat For Humanity International Inc
Riverton, WY
$79,964
Habitat For Humanity International Inc
Aberdeen, SD
$0
Burlington Community Housing Inc
Burlington, ND
$0
Mobridge Regional Health Care Foundation
Mobridge, SD
$367,820
Taylor Community Activities Inc
Taylor, ND
$0
Housing Education And Research Association
Florence, MT
$0

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