Habitat For Humanity International Inc

Organization Overview

Habitat For Humanity International Inc is located in Mount Vernon, OH. The organization was established in 1987. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 6 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 $491.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $409.2k during the year ending 06/2022. While expenses have increased by 11.1% 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

TO BUILD AND REHABILITATE AFFORDABLE HOUSING TO FAMILIES WHO CANNOT AFFORD COMMERCIAL MORTGAGES USING DONATED SUPPLIES, VOLUNTEER LABOR, CONTRIBUTED FUNDS AND PROPERTIES. THE CONSTRUCTED HOMES ARE SOLD TO PRE-SELECTED FAMILIES AT A VALUE THAT APPROXIMATES COSTS THROUGH NO-INTEREST FINANCING PROVIDED BY THE ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SURPLUS AND DONATED ITEMS ARE SOLD WITH THE OBJECTIVE OF REDUCING MATERIALS GOING INTO THE LANDFILLS AND PROVIDING THE COMMUNITY WITH ITEMS FOR REMODELING AT LOW PRICES.


TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME FAMILIES THAT CANNOT AFFORD COMMERCIAL MORTGAGES BY BUILDING AND REHABILITATING HOMES USING DONATED SUPPLIES, VOLUNTEER LABOR, CONTRIBUTED FUNDS AND PROPERTIES. THE CONSTRUCTED HOMES ARE SOLD TO PRE-SELCTED FAMILIES AT A VALUE THAT APPROXIMATES COSTS THROUGH NO-INTEREST FINANCING PROVIDED BY THE ORGANIZATION.


AFTER A HOME IS COMPLETED, THE MORTGAGE IS DISCOUNTED USING THE EFFECTIVE INTEREST METHOD OVER THE LIFE OF THE MORTGAGE. IN ADDITION, A PORTION OF THE REVENUE IS REMITTED TO HABITAT FOR HUMANITY INTERNATIONAL, INC. AS AN ANNUAL TITHE.


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Board, Officers & Key Employees

Name (title)Compensation
Terence Schulz
Affiliate Dir.
$55,808
David Wilkes
President
$0
Damien Phillips
Trustee
$0
Chuck Rogers
Trustee
$0
Jeremy Abrams
Vice President
$0
Karen Bell
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,000
All other contributions, gifts, grants, and similar amounts not included above$188,139
Noncash contributions included in lines 1a–1f $162,045
Total Revenue from Contributions, Gifts, Grants & Similar$194,139
Total Program Service Revenue$104,410
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,434
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $490,956

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Habitat For Humanity International Inc has recieved totaling $10,745.

Awarding OrganizationAmount
Habitat For Humanity International Inc

Americus, GA

PURPOSE: Affordable Housing

$10,745
View Grant Recipient Profile

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