Habitat For Humanity Of Summit County Inc

Organization Overview

Habitat For Humanity Of Summit County Inc is located in Akron, 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 03/2022, Habitat For Humanity Of Summit County Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habitat For Humanity Of Summit County 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 03/2022, Habitat For Humanity Of Summit County Inc generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $4.6m during the year ending 03/2022. While expenses have increased by 8.7% 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

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITY AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY (LOCAL AFFILIATE) ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOMEOWNERSHIP PROGRAM: WE BUILD NEW HOMES, PURCHASE OR RECEIVE DONATED DISTRESSED AND BLIGHTED PROPERTIES FOR HOMEOWNERSHIP. HOMES ARE BUILT TO MATCH THE NEIGHBORHOOD THEY ARE LOCATED AND ARE PRICED AT APPRAISAL VALUE, USUALLY COMPARABLE TO SURROUNDING PROPERTIES. VOLUNTEERS ARE UTILIZED FOR CONSTRUCTION AND SUPERVISED BY HABITAT STAFF ADHERING TO STRICT SAFETY PROTOCOLS. FUTURE HOMEOWNERS CONTRIBUTE SWEAT EQUITY BY VOLUNTEERING ON CONSTRUCTION SITES OR IN OTHER HABITAT ACTIVITIES. HOMES ARE SOLD TO LOW-INCOME FAMILIES USING AN AFFORDABLE MORTGAGE. AFFORDABLE MEANS THAT NO MORE THAN 30% OF THE HOUSEHOLD INCOME WOULD BE SPENT FOR HOUSING (MORTGAGE PAYMENT, PROPERTY TAX, AND PROPERTY INSURANCE). THE MONEY THAT IS MADE FOR MORTGAGE PAYMENTS IS DEPOSITED INTO A FUND FOR HUMANITY AND USED TO FURTHER OUR MISSION. WE STRIVE TO PROVIDE HOMEOWNERSHIP OPPORTUNITIES TO POPULATIONS THAT HAVE FACED DISCRIMINATION AND SOCIAL INJUSTICE FOR GENERATIONS DUE TO POOR PUBLIC POLICY AND BIAS. IN FY22 WE TRANSFERRED 7 HOMES TO PARTNER FAMILIES, AN INCREASE OF 1 HOME FROM THE PRIOR YEAR.


RESTORE PROGRAM: THIS IS A DISCOUNT HOME IMPROVEMENT AND BUILDING SUPPLY STORE. RESTORE REUSES, RECYCLES, AND RESELLS FUNCTIONAL BUILDING MATERIALS, TOOLS, FURNITURE, AND APPLIANCES, THEREBY DIVERTING HUNDREDS OF TONS OF USABLE MATERIALS FROM LANDFILLS. CUSTOMERS ARE PROVIDED A LOW-COST OPTION TO IMPROVE THE QUALITY OF THEIR HOME.


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Board, Officers & Key Employees

Name (title)Compensation
Rochelle Sibbio
Chief Executive Officer
$135,324
Marie Brilmyer
President
$0
Patrick Miller
Vice President
$0
Tom Orcutt
Treasurer
$0
Jake Frego
Secretary
$0
Michele Cicciari
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$29,984
Related organizations$0
Government grants $262,915
All other contributions, gifts, grants, and similar amounts not included above$5,874,202
Noncash contributions included in lines 1a–1f $981,401
Total Revenue from Contributions, Gifts, Grants & Similar$6,167,101
Total Program Service Revenue$2,052,559
Investment income $86
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $7,771
Net Income from Gaming Activities $3,065
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,230,654

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Habitat For Humanity Of Summit County Inc has recieved totaling $160,000.

Awarding OrganizationAmount
Hillier Family Foundation

Akron, OH

PURPOSE: PHILANTHROPIC

$160,000
View Grant Recipient Profile

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