Habitat For Humanity International Inc is located in Las Vegas, NV. 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 29 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 $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.4m during the year ending 06/2022. 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 LAS VEGAS, INC. (HABITAT) A NOT-FOR-PROFIT ORGANIZATION LOCATED IN LAS VEGAS, NEVADA WAS ESTABLISHED IN 1990. HABITAT'S PURPOSE IS TO BUILD LOW COST HOUSES WITH THE HELP OF THE HOMEOWNER FAMILIES, WHICH ARE TRANSFERRED TO THE FAMILIES AT NO PROFIT AND FINANCED BY HABITAT WITH AFFORDABLE, NO-INTEREST LOANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 1991, HABITAT FOR HUMANITY LAS VEGAS (HFHLV) HAS BEEN BUILDING AFFORDABLE HOUSING IN THE LAS VEGAS COMMUNITY AND HAS PROVIDED SAFE, SECURE SHELTER FOR OVER 117 LOCAL LOW-TO-MODERATE INCOME FAMILIES - 406 PEOPLE, INCLUDING 257 CHILDREN - WHILE ALSO COMPLETING 56 NEIGHBORHOOD REVITALIZATION PROJECTS IN THE SAME AREAS IN WHICH WE BUILT HOMES. HFHLV OPERATES AUTONOMOUSLY FROM HABITAT FOR HUMANITY INTERNATIONAL WITH ITS OWN LOCAL BOARD OF DIRECTORS, FUNDING SOURCES AND STRATEGIC GOALS FOR LIFTING FAMILIES OUT OF POVERTY IN CLARK COUNTY. WE BRING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE. WE MEET THE NEEDS OF THE LOW-TO-MODERATE INCOME FAMILIES TODAY WHILE TRANSFORMING THEIR LIVES FOR YEARS TO COME. WE FOCUS ON BUILDING ENTIRE COMMUNITIES ON PREVIOUSLY VACANT IN-FILL LOTS IN CLARK COUNTY; REDEVELOPMENT ZONES NOT SUITABLE FOR A PRIVATE DEVELOPER. THEN, USING A RIGOROUS SELECTION, EDUCATION AND FINANCIAL COACHING PROCESS, WE FILL THE HOMES WITH FAMILIES WHO BECOME SUCCESSFUL HOMEOWNERS. HFHLV IS NOT JUST ABOUT THE CONSTRUCTION OF HOMES. WE ARE ABOUT SUCCESSFUL HOMEOWNERSHIP THROUGH CAREFUL SELECTION OF PARTNER FAMILIES, RESPONSIBLE LENDING AND ONGOING SUPPORT. WE INVEST IN THE FAMILIES THROUGH FINANCIAL LITERACY, HOME MAINTENANCE PROGRAMS, LONG-TERM CREDIT COUNSELING AND REFERRALS TO COMMUNITY SERVICES. HOMEOWNERSHIP LEADS TO OTHER QUALITY OF LIFE OUTCOMES-IMPROVED HEALTH, SAFETY, EDUCATION, AND FINANCIAL OPPORTUNITY. THE GIFT OF A HOME MEANS SO MUCH MORE THAN A ROOF OVER SOMEONE'S HEAD. HOMEOWNERSHIP IS OFTEN A CATALYST TO WEALTH BUILDING, AND ITS IMPACT GROWS OVER TIME WITH EACH GENERATION AS WE BREAK DOWN BARRIERS OF LIMITED HOUSING SUPPLY, RESTRICTED ACCESS TO CREDIT, AND SYSTEMIC INEQUITIES, ESPECIALLY FOR HOUSEHOLDS OF COLOR OR SINGLE WOMEN. OUR APPROACH TO HOUSING IS UNIQUE AS WE PROVIDE A SOLUTION TO THE ROOT CAUSE OF GENERATIONAL POVERTY AND BREAK ITS CYCLE. IN ADDITION TO MAKING THE DREAM OF AFFORDABLE HOME OWNERSHIP A REALITY, WE IMPROVE EXISTING HOMES THROUGH OUR CRITICAL HOME REPAIR PROGRAM FOR THOSE IMPACTED BY AGE, DISABILITY OR FAMILY CIRCUMSTANCES THAT ARE HINDERED TO AFFORD IMPORTANT HOME MAINTENANCE FOR SUSTAINING, PRESERVATION, AND SAFETY. TOGETHER WE CAN PROVIDE A BRIGHTER FUTURE FOR FAMILIES AND ENTIRE COMMUNITIES, GIVING THOSE WHO NEED IT MOST A "HAND UP" VERSUS A "HAND OUT."
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Coombs CEO Thru 12/ | Officer | 40 | $153,513 |
Angela Phillips Executive Di | Officer | 40 | $80,569 |
Perrin Dahling Chairman | OfficerTrustee | 2 | $0 |
Dan Giraldo Vice Chair | OfficerTrustee | 2 | $0 |
Roger Unger Treasurer | OfficerTrustee | 2 | $0 |
Phyllis James Secretary | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
St Rose Llc Rent | 6/29/21 | $165,265 |
Lv Sahara Llc Rent | 6/29/21 | $354,940 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $47,266 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,825,848 |
Noncash contributions included in lines 1a–1f | $63,228 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,873,114 |
Total Program Service Revenue | $821,766 |
Investment income | $428 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,319 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$321,569 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,380,452 |
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. | $194,953 |
Compensation of current officers, directors, key employees. | $15,886 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $633,206 |
Pension plan accruals and contributions | $3,141 |
Other employee benefits | $55,521 |
Payroll taxes | $71,246 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $139,758 |
Advertising and promotion | $17,899 |
Office expenses | $68,110 |
Information technology | $28,108 |
Royalties | $0 |
Occupancy | $607,889 |
Travel | $56,008 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $21,632 |
Payments to affiliates | $20,853 |
Depreciation, depletion, and amortization | $67,201 |
Insurance | $46,636 |
All other expenses | $0 |
Total functional expenses | $1,407,325 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $920,956 |
Savings and temporary cash investments | $1,238,050 |
Pledges and grants receivable | $13,500 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,404,633 |
Inventories for sale or use | $1,060,381 |
Prepaid expenses and deferred charges | $82,519 |
Net Land, buildings, and equipment | $64,546 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $225,464 |
Total assets | $5,010,049 |
Accounts payable and accrued expenses | $191,200 |
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 | $4,101 |
Unsecured mortgages and notes payable | $287,073 |
Other liabilities | $67,890 |
Total liabilities | $550,264 |
Net assets without donor restrictions | $3,568,157 |
Net assets with donor restrictions | $891,628 |
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 | $5,010,049 |