Habitat For Humanity International Inc is located in Lapeer, MI. 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 18 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 $800.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $783.3k during the year ending 06/2022. While expenses have increased by 10.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ELIMINATE SUB-STANDARD HOUSING AND HOMELESSNESS FROM LAPEER COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOW-COST HOMES AND PROVIDE REPAIRS FOR EXISTING HOMES TO QUALIFYING FAMILIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Nestor Executive Di | Officer | 40 | $41,315 |
Scott Beattie Trustee | Trustee | 2 | $0 |
Andy Browne Trustee | Trustee | 2 | $0 |
Lynne Butler Trustee | Trustee | $0 | |
Kevin Daley Trustee | Trustee | 2 | $0 |
Jimmy King Trustee | Trustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,473 |
| Investment income | $46 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,003 |
| Net Income from Fundraising Events | $3,809 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $525,175 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $800,845 |
| Statement of Expenses | |
|---|---|
| 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. | $45,173 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $299,675 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,013 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,531 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,710 |
| Office expenses | $12,770 |
| Information technology | $4,690 |
| Royalties | $0 |
| Occupancy | $23,078 |
| Travel | $36,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,969 |
| Interest | $20,241 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,510 |
| Insurance | $25,682 |
| All other expenses | $0 |
| Total functional expenses | $783,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,676 |
| Savings and temporary cash investments | $6,970 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $524,866 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,903 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $330,239 |
| Total assets | $1,893,278 |
| Accounts payable and accrued expenses | $17,563 |
| Grants payable | $0 |
| Deferred revenue | $36,197 |
| 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 | $477,650 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,410 |
| Total liabilities | $571,820 |
| Net assets without donor restrictions | $1,282,381 |
| Net assets with donor restrictions | $39,077 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,321,458 |