Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Maple Shade, NJ. 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 120 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 $12.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $9.6m during the year ending 06/2022. While expenses have increased by 19.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HABITAT FOR HABITAT OF SOUTH CENTRAL NEW JERSEY, INC. (HABITATSCNJ) PARTNERS WITH FAMILIES IN NEED AND VOLUNTEERS TO TRANSFORM LIVES THROUGH DECENT AND AFFORDABLE HOUSING. HABITATSCNJ PURSUES ITS MISSION OF BUILDING AFFORDABLE HOUSING BY UTILIZING VOLUNTEER LABOR AND DONATED MATERIALS AND FUNDS.HABITATSCNJ IS A NEW JERSEY NOT-FOR-PROFIT AFFORDABLE HOUSING ORGANIZATION, WHICH IS THE SURVIVING ORGANIZATION FROM MULTIPLE MERGERS IN RECENT YEARS INVOLVING THE JOINING OF HABITAT FOR HUMANITY OF BURLINGTON COUNTY WITH TRENTON AREA HABITAT FOR HUMANITY (2017), MILLSTONE BASIN AREA HABITAT FOR HUMANITY (2020) AND HABITAT FOR HUMANITY OF ATLANTIC COUNTY (OCTOBER 2020). HABITATSCNJ IS AN AFFILIATE OF HABITAT FOR HUMANITY INTERNATIONAL, INC. (HFHI), A NONPROFIT ORGANIZATION WHOSE PURPOSE IS TO CREATE DECENT, AFFORDABLE HOUSING FOR THOSE IN NEED, AND TO MAKE DECENT SHELTER A MATTER OF CONSCIENCE WITH PEOPLE EVERYWHERE. ALTHOUGH HFHI ASSISTS WITH INFORMATION RESOURCES, TRAINING, PUBLICATIONS, AND S

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOMEOWNERSHIP -------------HABITAT SCNJ SERVES LOW AND MODERATE-INCOME RESIDENTS THROUGHOUT BURLINGTON, MERCER, ATLANTIC AND PART OF MIDDLESEX COUNTIES BY BUILDING SAFE, DECENT, AFFORDABLE HOMES TO PURCHASE. ELIGIBLE FAMILIES DEMONSTRATE A NEED FOR HOUSING, AN ABILITY TO PAY, AND A WILLINGNESS TO PARTNER. ONCE SELECTED, THEY ATTEND FINANCIAL EDUCATION AND VOLUNTEER ON THE CONSTRUCTION SITE AND AT THE RESTORE, CONTRIBUTING UP TO 400 "SWEAT EQUITY" HOURS. MORTGAGES ARE NO MORE THAN 30 % OF HOUSEHOLD INCOME; THIS INCLUDES PRINCIPAL, INTEREST, TAXES, AND INSURANCE. HABITAT HOMES ARE DEED RESTRICTED FOR AT LEAST 30 YEARS TO KEEP AFFORDABLE HOMES AVAILABLE TO FUTURE HOME BUYERS.


RESTORE-------THE RESTORE IS A HOME IMPROVEMENT STORE OPEN TO THE PUBLIC. HABITAT SCNJ RECEIVES DONATIONS OF NEW FURNITURE, APPLIANCES, AND BUILDING MATERIALS FROM LOCAL, REGIONAL, AND NATIONAL BUSINESSES TO SELL AT REDUCED RETAIL PRICES. EVERY PURCHASE, EVERY DONATION, AND EVERY HOUR VOLUNTEERED AT THE RESTORE SUPPORTS THE CREATION, PROMOTION, AND PRESERVATION OF AFFORDABLE HOUSING IN THE COMMUNITY ALL WHILE HELPING KEEP ITEMS OUT OF THE LANDFILL. HABITAT SCNJ OPERATES 3 RESTORE LOCATIONS IN MAPLE SHADE, HAMILTON TOWNSHIP AND EGG HARBOR TOWNSHIP.


NEIGHBORHOOD REVITALIZATION ---------------------------HABITAT SCNJ HELPS HOMEOWNERS AND COMMUNITIES REGAIN STABILITY BY MAKING HOMES SAFE, MODERN AND ACCESSIBLE. LOW AND MODERATE-INCOME HOMEOWNERS CAN RECEIVE EXTERIOR REPAIRS BY TRADE PROFESSIONALS, HABITAT STAFF, AND VOLUNTEERS WHILE PAYING ONLY A PORTION OF THE PROJECT COST. REPAIRS RANGE FROM MINOR LIKE PORCH REPAIR AND PAINTING, TO MAJOR REPAIRS LIKE ROOFING AND APPLIANCE REPLACEMENT AS WELL AS ACCESSIBILITY INSTALLMENTS LIKE RAMPS, RAILING, AND DOOR HANDLES. TO BE ELIGIBLE, APPLICANTS LIVE IN THE HOME AS A PRIMARY RESIDENCE WITH THE INTENT TO REMAIN IN THEIR HOME FOR 3 YEARS.


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Board, Officers & Key Employees

Name (title)Compensation
Lori Leonard
CEO
$144,091
John Garton
CFO
$118,768
Nancy Bordick
Secretary
$0
Peter Frattarelli
President
$0
Keith Spirgel
Treasurer
$0
Sharon Warkala
Vice President
$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$6,053,694
Noncash contributions included in lines 1a–1f $317,600
Total Revenue from Contributions, Gifts, Grants & Similar$6,053,694
Total Program Service Revenue$6,490,468
Investment income -$50,356
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $111,649
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,605,455

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Habitat For Humanity International Inc has recieved totaling $1,356,130.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: AFFORDABLE HOUSING

$1,285,730
Princeton Area Community Foundation Inc

Lawrenceville, NJ

PURPOSE: general support

$50,100
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$15,300
Oceanfirst Foundation

Toms River, NJ

PURPOSE: ANNUAL DONATION

$5,000
View Grant Recipient Profile

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