Habitat Restores Corporation
- Assets
- $2.8m
- Revenue
- $467.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Joliet, IL
- Founding
- Data as of
- 06/2022
- EIN
- 88-3138236
Organization Overview
Habitat Restores Corporation is located in Joliet, IL. Habitat Restores Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE WILL COUNTY HABITAT RESTORE IS TO SUPPORT THE WORK OF WILL COUNTY HABITAT FOR HUMANITY BY PROVIDING A SUSTAINABLE FUNDING SOURCE FOR ITS HOMEBUILDING AND REPAIR PROJECTS AND ADVOCATE FOR SUPPORT THROUGH IN-STORE MARKETING OF ITS PROGRAMS. WE AIM TO DO THIS BY SELLING NEW AND GENTLY USED BUILDING MATERIALS, FURNITURE, APPLIANCES, AND HOME DCOR AT AFFORDABLE PRICES TO THE PUBLIC, WHILE ALSO DIVERTING USABLE ITEMS FROM LANDFILLS. OUR GOAL IS TO CREATE A POSITIVE IMPACT ON THE ENVIRONMENT AND LOCAL COMMUNITY, AS WELL AS TO PROMOTE THE IDEA OF SUSTAINABLE LIVING. WE STRIVE TO BE A WELCOMING, INCLUSIVE, AND HELPFUL RESOURCE FOR OUR CUSTOMERS, VOLUNTEERS, AND DONORS, AND TO CONTINUOUSLY IMPROVE OUR OPERATIONS AND OUTREACH TO MAXIMIZE OUR IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT OPERATES A RESALE SHOP, CALLED RESTORE, WHERE CLIENTS CAN PURCHASE A VARIETY OF NEW OR GENTLY USED BUILDING MATERIALS AND FURNITURE. MANY OF THE ITEMS SOLD AR DONATIONS FROM THE GENERAL PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherri Reardon President | OfficerTrustee | 2 | $0 |
Greg Sitar Vice President/secretary | OfficerTrustee | 2 | $0 |
Chris Adler Treasurer | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $467,449 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $467,548 |
| 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 | $93,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,549 |
| 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 | $1,374 |
| Office expenses | $5,682 |
| Information technology | $28 |
| Royalties | $0 |
| Occupancy | $34,549 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,935 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,590 |
| All other expenses | $0 |
| Total functional expenses | $205,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $910,019 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $163,462 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,764,721 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,838,202 |
| Accounts payable and accrued expenses | $11,238 |
| 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 | $1,291,773 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,303,011 |
| Net assets without donor restrictions | $0 |
| 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 | $1,535,191 |
| Total liabilities and net assets/fund balances | $2,838,202 |