Habitat For Humanity International Inc
- Assets
- $5.0m
- Revenue
- $2.0m
- Investments
- $232.3k
- Employees
- 33
- Location
- Danvers, MA
- Founding
- 01/1987
- Data as of
- 06/2021
- EIN
- 22-2672831
Organization Overview
Habitat For Humanity International Inc is located in Danvers, MA. 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 06/2021, Habitat For Humanity International Inc employed 33 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 $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 6.8% 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
THE ORGANIZATION'S GOAL IS TO BUILD AFFORDABLE HOUSING FOR THE ECONOMICALLY DISADVANTAGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEOPLE IN OUR LOCAL COMMUNITY AND ALL OVER THE WORLD PARTNER WITH HABITAT FOR HUMANITY TO BUILD, OR IMPROVE A PLACE THEY CAN CALL HOME. HABITAT HOMEOWNER'S HELP BUILD THEIR OWN HOMES ALONGSIDE VOLUNTEERS AND PAY AN AFFORDABLE MORTGAGE. WITH OUR HELP, HABITAT HOMEOWNERS ACHIEVE THE STRENGTH, STABILITY AND INDEPENDENCE THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES. HABITAT'S VISION IS A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE.
IN ADDITION TO BUILDING AND REPAIRING HOMES HABITAT FOR HUMANITY OPERATES A RETAIL STORE (RESTORE) AND DISCOUNT HOME IMPROVEMENT CENTER THAT ACCEPTS DONATIONS OF NEW AND GENTLY-USED BUILDING MATERIALS, FURNITURE, APPLIANCES AND HOUSEWARES AND RESELLS THEM TO THE GENERAL PUBLIC THROUGH A RETAIL STOREFRONT WAREHOUSE. THESE ITEMS WOULD GENERALLY END UP IN LOCAL LAND- FILLS IF NOT FOR THE OPERATIONS OF A RESTORE.
PEOPLE IN OUR LOCAL COMMUNITY AND ALL OVER THE WORLD PARTNER WITH HABITAT FOR HUMANITY TO BUILD, OR IMPROVE A PLACE THEY CAN CALL HOME. HABITAT HOMEOWNER'S HELP BUILD THEIR OWN HOMES ALONGSIDE VOLUNTEERS AND PAY AN AFFORDABLE MORTGAGE. WITH OUR HELP, HABITAT HOMEOWNERS ACHIEVE THE STRENGTH, STABILITY AND INDEPENDENCE THEY NEED TO BUILD A BETTER LIFE FOR THEMSELVES AND THEIR FAMILIES. HABITAT'S VISION IS A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE.
IN ADDITION TO BUILDING AND REPAIRING HOMES HABITAT FOR HUMANITY OPERATES A RETAIL STORE (RESTORE) AND DISCOUNT HOME IMPROVEMENT CENTER THAT ACCEPTS DONATIONS OF NEW AND GENTLY-USED BUILDING MATERIALS, FURNITURE, APPLIANCES AND HOUSEWARES AND RESELLS THEM TO THE GENERAL PUBLIC THROUGH A RETAIL STOREFRONT WAREHOUSE. THESE ITEMS WOULD GENERALLY END UP IN LOCAL LAND- FILLS IF NOT FOR THE OPERATIONS OF A RESTORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meegan O'neil Executive Di | Officer | 50 | $112,275 |
Mark Dipasquale Treasurer | OfficerTrustee | 2 | $0 |
Sally Green Governance C | OfficerTrustee | 2 | $0 |
Ken Krall Development | OfficerTrustee | 2 | $0 |
Kevin Prendergast Secretary | OfficerTrustee | 2 | $0 |
Richard Sumberg President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $40,396 |
| Related organizations | $0 |
| Government grants | $195,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $893,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,129,830 |
| Total Program Service Revenue | $833,824 |
| Investment income | $47,387 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,185 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,999,856 |
| 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. | $129,365 |
| Compensation of current officers, directors, key employees. | $64,683 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $820,496 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,628 |
| Payroll taxes | $89,464 |
| 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 | $112,111 |
| Advertising and promotion | $0 |
| Office expenses | $328,918 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,491 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,886 |
| Insurance | $47,555 |
| All other expenses | $46,297 |
| Total functional expenses | $1,789,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $465,904 |
| 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 | $183,826 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $103,785 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $232,280 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,004,757 |
| Total assets | $4,990,552 |
| Accounts payable and accrued expenses | $185,517 |
| 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 | $391,669 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $255,970 |
| Total liabilities | $833,156 |
| Net assets without donor restrictions | $3,861,616 |
| Net assets with donor restrictions | $295,780 |
| 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 | $4,990,552 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Habitat For Humanity International Inc has recieved totaling $1,420,186.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $1,161,826 |
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $202,965 |
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,250 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,420 |
Endowment Analysis
| Beg. Balance | $176,192 |
| Earnings | $48,132 |
| Admin Expense | $1,551 |
| Net Contributions | $9,506 |
| Ending Balance | $232,280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Champlain Housing Tr Burlington, VT | $156,492,954 | $31,041,858 |
Neville Communities Home Inc Cambridge, MA | $11,055,368 | $17,412,264 |
Affordable Housing And Services Collaborative Inc Braintree, MA | $170,389,416 | $17,704,653 |
Fairhaven Healthcare Center Inc Lowell, MA | $23,711,383 | $11,897,110 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
National Affordable Housing Foundation Schenectady Inc Waltham, MA | $11,290,760 | $3,782,521 |
Neighborhood Of Affordable Housing Inc East Boston, MA | $27,971,204 | $13,300,567 |
Grand Central District Management Association Inc New York, NY | $3,484,616 | $12,729,561 |
Westbeth Corp Housing Development Fund Company Inc New York, NY | $62,389,155 | $10,191,211 |
Inquilinos Boricuas En Accion Inc Boston, MA | $173,108,948 | $16,934,744 |
Brighton Beach Housing Development Fund Company Inc New York, NY | $22,060,771 | $3,270,016 |
Milton-Fuller Housing Corporation Milton, MA | $76,615,525 | $9,254,138 |