Habitat For Humanity International Inc
- Assets
- $7.4m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 19
- Location
- Murfreesboro, TN
- Founding
- 01/1987
- Data as of
- 06/2024
- EIN
- 94-3099406
Organization Overview
Habitat For Humanity International Inc is located in Murfreesboro, TN. 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 06/2024, Habitat For Humanity International Inc employed 19 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 06/2024, Habitat For Humanity International Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $3.7m during the year ending 06/2024. While expenses have increased by 7.9% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE VERY LOW INCOME FAMILIES WITH SIMPLE, DECENT HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABITAT USES VOLUNTEER LABOR TO CONSTRUCT HOMES FOR LOW INCOME FAMILIES DURING THE YEAR. 6 HOMES WERE COMPLETED AND TRANSFERRED TO HOMEOWNERS AND THE HOME OF A PREVIOUSLY OWNED HABITAT HOME PURCHASED IN THE PRIOR YEAR WAS SOLD TO A NEW HABITAT HOMEOWNER. OUR ORGANIZATION HAS STARTED A DEVELOPMENT FOR A SUBDIVISION CALLED LEGACY POINTE. PHASE I OF LEGACY POINTE HAS 18 LOTS, OF WHICH ALL HAVE BEEN USED TO BUILD HOMES WHICH HAVE BEEN TRANSFERRED TO HOMEOWNERS. WE HAVE COMPLETED DEVELOPMENT ON PHASE 2 CONSISTING OF 21 LOTS, AND WILL BEGIN TRANSFER OF THESE HOMES TO HOMEOWNERS IN THE NEXT FISCAL YEAR. WE EXPECT TO DEVELOP 77 TOTAL LOTS OVER THE LIFE OF THIS DEVELOPMENT FOR USE IN BUILDING AN ENTIRE HABITAT SUBDIVISION. 1,664 VOLUNTEERS HAVE CONTRIBUTED OVER 8,353 VOLUNTEER HOURS TO HOME CONSTRUCTION OPERATIONS. WE ALSO REHABILATED SEVERAL HOUSES FOR LOW INCOME HOMEOWNERS UNDER AN AGING IN PLACE PROGRAM.
HABITAT PROVIDES HOMEOWNER SERVICES TO EXISTING AND PROSPECTIVE HOMEOWNERS THROUGH IDENTIFICATION OF FAMILIES FOR HOMEOWNERSHIP AND THROUGH CLASSES TO HELP IMPROVE FINANCIAL SITUATIONS, REPAIR CREDIT, LOWER DEBT, AND MANAGE MONEY IN AN EFFORT TO BECOME SUCCESSFUL HOMEOWNERS.
HABITAT OPERATES A RESTORE THAT RECEIVES DONATED MERCHANDISE FOR RESALE TO THE PUBLIC. RESTORE PROVIDES ADDITIONAL FUNDS TO ALLOW HABITAT TO CARRY OUT ITS PURPOSE OF PROVIDING AFFORDABLE HOUSING TO LOW INCOME HOMEOWNERS. OVER 1,216 VOLUNTEER HOURS BY 250 VOLUNTEERS HAVE BEEN CONTRIBUTED TO THE RESTORE OPERATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Shultz Chief Executive Officer | Officer | 40 | $109,133 |
Steve Warren Director | Trustee | 1 | $0 |
Shelby Hunton Director | Trustee | 1 | $0 |
Brian Crockett Director | Trustee | 1 | $0 |
Mary Beth Hagan Director | Trustee | 1 | $0 |
Richard Luneack Advisor | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benchmark Plumbing Inc Construction | 6/29/24 | $131,708 |
Haynes Bros Lumber Co Construction | 6/29/24 | $187,660 |
Mid-tenn Siding Llc Construction | 6/29/24 | $136,054 |
Roscoe Brown Inc Construction | 6/29/24 | $113,001 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $51,868 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,694,194 |
| Noncash contributions included in lines 1a–1f | $482,095 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,746,062 |
| Total Program Service Revenue | $2,769,530 |
| Investment income | $16,804 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,204 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $114,659 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,640,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,500 |
| 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. | $109,133 |
| Compensation of current officers, directors, key employees. | $43,653 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $658,038 |
| Pension plan accruals and contributions | $8,758 |
| Other employee benefits | $4,015 |
| Payroll taxes | $58,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,867 |
| Fees for services: Accounting | $35,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,046 |
| Office expenses | $32,949 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,261 |
| Travel | $5,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,660 |
| Interest | $81,284 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $49,870 |
| Insurance | $60,631 |
| All other expenses | $39,116 |
| Total functional expenses | $3,684,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,863,724 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $732,657 |
| Accounts receivable, net | $7,669 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,043,309 |
| Inventories for sale or use | $119,040 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $795,966 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,828,000 |
| Total assets | $7,390,365 |
| Accounts payable and accrued expenses | $101,119 |
| 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 | $1,316,937 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,418,056 |
| Net assets without donor restrictions | $5,678,963 |
| Net assets with donor restrictions | $293,346 |
| 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 | $7,390,365 |