Habitat For Humanity Of North Carolina Inc
- Assets
- $680.6k
- Revenue
- $355.1k
- Investments
- $15.9k
- Employees
- 4
- Location
- Raleigh, NC
- Founding
- 06/2010
- Data as of
- 06/2021
- EIN
- 27-1296717
Organization Overview
Habitat For Humanity Of North Carolina Inc is located in Raleigh, NC. The organization was established in 2010. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Habitat For Humanity Of North Carolina Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Of North Carolina 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 Of North Carolina Inc generated $355.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $330.1k during the year ending 06/2021. While expenses have increased by 8.9% per year over the past 5 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
SEEKING TO PUT GODS LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP PROGRAM DURING FISCAL YEAR 2020, HABITAT FOR HUMANITY OF NORTH CAROLINA SUPPORTED THE BUILDING OF 229 HOMES BY OUR 63 AFFILIATES. WE ARE EXTREMELY PROUD THAT WE MAINTAINED STATEWIDE PRODUCTION DURING THE PANDEMIC, DOWN ONLY 3 HOMES VS THE PREVIOUS FISCAL YEAR. THESE SAFE, AFFORDABLE HOMES ARE PURCHASED BY THE HOMEBUYER AT AN INTEREST RATE SIGNIFICANTLY LOWER THAN THE MARKET RATE OFTEN AT, AND NEVER COST THE HOMEBUYER MORE THAN 30 OF THEIR INCOME. THESE HOMES PROVIDE THE OPPORTUNITY TO BUY A HOME TO MANY WHO WOULD BE UNABLE TO AFFORD IT ON THE COMPETITIVE HOUSING MARKET.
HOME PRESERVATION PROGRAM HABITAT FOR HUMANITY OF NORTH CAROLINA HAS PARTNERED WITH LOCAL AFFILIATES THAT REPAIRED 640 HOMES DURING FY2020, UP 40 VS THE PREVIOUS YEAR, THANKS, IN PART, TO A ROBUST DISASTER RESPONSE. HOME PRESERVATION PROVIDES AN OPPORTUNITY TO LOW- TO MODERATE-INCOME HOMEOWNERS WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY, OR FAMILY CIRCUMSTANCES. THESE PROGRAMS ALLOW FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA, AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH, LIFE, AND SAFETY ISSUES OR CODE VIOLATIONS. HABITAT FOR HUMANITY OF NORTH CAROLINA SOURCES FUNDS TO AFFILIATES TO COMPLETE THE REPAIRS AND ALSO PROVIDES BEST PRACTICE TRAINING TO AFFILIATE STAFF MEMBERS
ADVOCACY HABITAT NC COORDINATES AFFILIATE INVOLVEMENT IN NON-PARTISAN, NON-LOBBYING, ADVOCACY ACTIVITIES. WE PROMOTE ACTIONS AT THE STATE AND LOCAL LEVEL TO INCREASE FUNDS FOR HABITATS HOME CONSTRUCTION AND INFRASTRUCTURE PROJECTS, AS WELL AS RAISE AWARENESS ABOUT AFFORDABLE HOUSING ISSUES AND ADVOCACY THROUGH EDUCATION AND TRAINING AROUND THE STATE. AT THE FEDERAL LEVEL, WE WORK WITH HABITAT FOR HUMANITY INTERNATIONAL ON NATIONAL AND INTERNATIONAL ISSUES OF CONCERN WITH REGARD TO SUBSTANDARD HOUSING, FUNDING, AND ACCESS TO HOUSING FOR LOWER INCOME PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Kirkpatrick Executive Director | Officer | 40 | $102,580 |
Steve Spain Chair Through 12/20 | OfficerTrustee | 10 | $0 |
Bill Dowse Vice Chair Thru 12/20 At-Large Member Eff 1/21 | OfficerTrustee | 10 | $0 |
Rusty Lindsey Treasurer Thru 12/20 Vice Chair Eff 1/21 | OfficerTrustee | 10 | $0 |
Mike Williams At-Large Member Thru 12/20 Treasurer Eff 1/21 | OfficerTrustee | 10 | $0 |
Matt Whittle Secretary Thru 12/20 Chair Eff 1/21 | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,884 |
| All other contributions, gifts, grants, and similar amounts not included above | $199,010 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,894 |
| Total Program Service Revenue | $50,145 |
| Investment income | $6 |
| 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 | $355,089 |
| 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. | $103,041 |
| Compensation of current officers, directors, key employees. | $25,760 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $144,719 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,710 |
| Payroll taxes | $18,913 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,267 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $520 |
| Office expenses | $3,828 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,719 |
| Travel | $487 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,626 |
| All other expenses | $18,234 |
| Total functional expenses | $330,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $424,834 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,263 |
| Accounts receivable, net | $389 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $234,183 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $15,944 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $680,613 |
| Accounts payable and accrued expenses | $922 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $922 |
| Net assets without donor restrictions | $629,047 |
| Net assets with donor restrictions | $50,644 |
| 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 | $680,613 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Habitat For Humanity Of North Carolina Inc has recieved totaling $6,231.
| Awarding Organization | Amount |
|---|---|
Habitat For Humanity International Inc Americus, GA PURPOSE: AFFORDABLE HOUSING | $5,450 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $371 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $210 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Housing Capital Inc Decatur, GA | $142,652,504 | $11,518,951 |
Housing Affordability Trust Nashville, TN | $52,052,062 | $6,258,607 |
Eastern Eight Community Development Corporation Johnson City, TN | $18,111,272 | $3,788,608 |
St Josephs Villa Foundation Richmond, VA | $27,697,790 | $1,723,000 |
Captrust Community Foundation Inc Raleigh, NC | $4,464,164 | $1,082,695 |
Thomasville-Thomas County Habitat For Humanity Inc Thomasville, GA | $1,651,165 | $641,558 |
Snapping Shoals Electric Trust Inc Covington, GA | $122,535 | $447,686 |
Habitat For Humanity Of North Carolina Inc Raleigh, NC | $680,613 | $355,089 |
Faithworks Inc Winchester, VA | $18,501 | $230,860 |
Danville Lions Foundation Inc Danville, VA | $3,088 | $202,004 |
Stepping Stone Mission Inc Alpharetta, GA | $173,851 | $0 |
Fayette County Citizens For Progress Inc Somerville, TN | $1,355,978 | $156,426 |