Habitat For Humanity International Inc
- Assets
- $1.1m
- Revenue
- $866.2k
- Investments
- $50.7k
- Employees
- 12
- Location
- Cromwell, CT
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 06-1448284
Organization Overview
Habitat For Humanity International Inc is located in Cromwell, CT. 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 06/2021, Habitat For Humanity International Inc employed 12 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 $866.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $716.7k during the year ending 06/2021. While expenses have increased by 4.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BUILD OR RENOVATE SIMPLE, DECENT, AFFORDABLE HOUSES IN PARTNERSHIP WITH ELIGIBLE FAMILIES. OUR OBJECTIVE IS TO ELIMINATE SUBSTANDARD HOUSING IN MIDDLESEX COUNTY, CT ONE HOUSE AT A TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME DEVELOPMENT PROJECTS OF MIDDLESEX HABITAT FOR HUMANITY OF CONNECTICUT, INC. INCLUDE BOTH THE REHABILITATION OF EXISTING STRUCTURES AND NEW CONSTRUCTION OF MODEST BUT ADEQUATE HOUSING. "A BRUSH WITH KINDNESS" PROJECTS PROVIDE VARIOUS LEVELS OF REPAIR WORK TO EXISTING HOMES.
RESTORE IS A RETAIL STORE THAT SELLS DONATED NEW OR GENTLY USED BUILDING MATERIALS AND FIXTURES, HOME IMPROVEMENT ITEMS, HOUSEHOLD FURNISHINGS, AND OTHER ITEMS. ALL RESTORE PROCEEDS GO TOWARD THE MISSION OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Aresco Director Of | Officer | 40 | $74,873 |
Sarah J Bird Executive Di | Officer | 40 | $73,387 |
Valerie Ann Votto Chair | OfficerTrustee | 1 | $0 |
Nicole Castelli Secretary | OfficerTrustee | 1 | $0 |
Luke Massirio Vice Chair | OfficerTrustee | 1 | $0 |
Wendy Moores Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,203 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,349 |
| Noncash contributions included in lines 1a–1f | $123,111 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $392,852 |
| Total Program Service Revenue | $470,172 |
| Investment income | $269 |
| 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 | $866,182 |
| 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. | $160,937 |
| Compensation of current officers, directors, key employees. | $47,637 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,811 |
| Payroll taxes | $26,428 |
| 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 | $17,263 |
| Advertising and promotion | $9,711 |
| Office expenses | $3,317 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $191,538 |
| Travel | $23,965 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,035 |
| Payments to affiliates | $8,500 |
| Depreciation, depletion, and amortization | $9,765 |
| Insurance | $6,895 |
| All other expenses | $2,347 |
| Total functional expenses | $716,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,180 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $3,977 |
| Net Land, buildings, and equipment | $38,465 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $50,695 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $849,557 |
| Total assets | $1,118,874 |
| Accounts payable and accrued expenses | $87,996 |
| 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 | $337,238 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $68,673 |
| Total liabilities | $493,907 |
| Net assets without donor restrictions | $491,467 |
| Net assets with donor restrictions | $133,500 |
| 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 | $1,118,874 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Habitat For Humanity International Inc has recieved totaling $46,150.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $39,651 |
Middlesex United Way Inc Middletown, CT PURPOSE: AFFORDABLE HOUSING | $6,499 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspire Of Western New York Inc Getzville, NY | $37,144,710 | $73,972,719 |
Neighborhood Assistance Corporation Of America Boston, MA | $267,784,866 | $49,655,624 |
Womens Housing And Economic Development Corporation Bronx, NY | $29,527,353 | $27,859,543 |
Joint Ownership Entity New York City Corp New York, NY | $155,995,039 | $17,434,025 |
Breaking Ground Housing Development Fund Corporation New York, NY | $193,138,085 | $25,961,669 |
Highland Park Community Development Corporation Brooklyn, NY | $3,265,910 | $15,414,103 |
Centerboard Inc Lynn, MA | $21,186,335 | $15,673,773 |
Interstate I Affordable Housing Inc New York, NY | $783,725 | $8,991,908 |
Ascendant Neighborhood Development Corporation New York, NY | $39,528,943 | $4,446,577 |
Housing Works Services Inc Brooklyn, NY | $2,273,707 | $4,786,590 |
Willow Gardens Inc New Rochelle, NY | $20,661,774 | $5,354,577 |
United Residents In Academy Homes Ii Inc Roxbury, MA | $30,056,643 | $8,930,600 |